Graduate Financial Assistance | LSU E. J. Ourso College of Business

Academics

Financial Assistance

There are various sources of possible financial assistance while you are a graduate student at LSU including your department, the LSU Graduate School, and other academic and non-academic units across the University. You may explore opportunities by first discussing with you department chair, and also investigate LSU Graduate School resources (please see links below). Other units may advertise or post opportunities throughout the year.

Please see following links for more information:

LSU Graduate School Tuition Award

The LSU Graduate School also offers tuition assistance for graduate students from underrepresented groups.  These tuition awards provide for an exemption in the amount of $2,400 each semester and will waive the student nonresident fee.  Recipients are responsible for paying required University Fees. Preference will be given to African Americans and citizens of Latin American countries.

Federal Loan Funding

Eligible students can apply for consideration for Federal Direct Loan funding through LSU Financial Aid by completing the Free Application for Federal Student Aid (FAFSA).  Available forms of federal financial aid include the following:

Federal Direct Subsidized Stafford Loan

Awarded on the basis of the student's financial need and other specific eligibility requirements. The federal government does not charge interest on these loans while borrowers are enrolled at least half-time, during a six-month grace period, or during authorized periods of deferment. Payments are not required while borrowers are enrolled at least half-time, during a six-month grace period, or during authorized periods of deferment.

Federal Direct Unsubsidized Stafford Loan

This loan is not based on the student's financial need, but students must also meet specific eligibility requirements. Interest is charged throughout the life of the loan at a 6.8% interest rate. The borrower may choose to pay the interest charged on the loan or allow the interest to be capitalized (added to the loan principal). Payments are not required while borrowers are enrolled at least half-time, during a six-month grace period, or during authorized periods of deferment.

Federal Perkins Loan

Awarded on the basis of financial need demonstrated by the Free Application for Federal Student Aid (FAFSA). Students are encouraged to apply early as the funds are limited. No interest is charged while the student is in school. Interest accrues at a fixed 5% after the grace period. Repayment begins nine months after the student ceases to be enrolled at least half time.