Graduate Scholarships and Financial Aid
A variety of financial aid is available for incoming and current graduate students.Merit-based aid
Merit-based aid is awarded to a limited number of applicants with outstanding credentials. This includes research assistantships, fellowships, and tuition scholarships. All applicants are automatically considered for these awards; no special forms are required. Admitted students are informed of a financial support decision, if applicable, by their program.
After the first year, many students serve as Teaching Assistants (TAs). TAs work 10 or 20 hours per week, depending on the position. They are reimbursed with partial tuition remission and a monthly stipend. (Applications are distributed in late March.) Some students are also supported on faculty grants.
Need-based aid
Need-based aid information is available from IIT's Financial Aid office. This includes federal and private loans, as well as scholarship listings.
The College of Psychology also offers a number of need-based scholarships annually to continuing students. (Applications are distributed in late March.)
Alumni Scholarship
There are scholarships available for alumni of IIT who wish to return to pursue a master's or PhD program. Information can be found here.
Program-based aid
Program-based aid includes funding opportunities that are uniquely available through each program.
The Clinical Division is working with the Chicago Public Schools to test children for gifted placement (contingent on contract renewal). This allows all first-year Clinical students to gain valuable psychometric testing experience. Students are reimbursed through an assistantship that covers partial tuition.
The Industrial/Organizational Division offers the Arch Pounian Fellowship Endowment for Industrial/Organizational Psychology. This annual $5,000 award is given to a continuing I/O student based on academic merit, research initiatives, and financial need. (Applications are distributed in April.) The division offers the Phil S. and Harriett C. Shurrager Industrial/Organizational Psychology Endowed Fellowship which provides funding for one I/O graduate student each year. The division also offers approximately five partial tuition scholarships annually to exemplary incoming students, along with several merit-based awards.
The Rehabilitation Division offers federal traineeships from the Rehabilitation Services Administration (RSA) to eligible individuals. The amount offered to students varies based on merit and is outlined in the acceptance letter. The RSA has post-graduate requirements that are linked to funding. More information can be found here. The Rehab program also offers partial tuition scholarships to exemplary incoming students who do not qualify for the RSA.
Research and Conference aid
Psychology programs require all students to gain research experience, but it can be expensive. To find financial assistance, please visit the APA website dedicated to helping students fund research. Students should also check with faculty for any grants they may have available. First authors attending a conference should also inquire about the Aderman Scholarship.
Other Resources
American Psychological Association - funding a graduate education
Free Application for Federal Student Aid (FAFSA)
