43% of psychology students in a master’s program receive some sort of funding, while up to 10% earn full funding through tuition waivers and stipends.
80-100% of students in PhD programs receive part funding and 60-90% receive full funding.
14-40% of students in PsyD programs receive part funding and 1-10% receive full funding.
It is possible for students to fund their education and get their degree debt-free. Loan alternatives are great ways to get free money and beat the record high levels of student debt.
As you begin your search for scholarships, make sure they are tailored to your personal profile to ensure that the scholarships you find are available for use in your online psychology program.
Sort your scholarships by
- state or college
- current enrollment level
- or GPA to find optimal results.
Check out all of your options when looking for scholarships. Awards specific to psychology can be given for grad research, essay scholarships, community service scholarships, science, health and social sciences scholarships, professional psychological organizations and state agencies. Once you have compiled a list of scholarships to apply to, make sure your application stands out from all the rest. Here are some tips to make sure your application shines:
Contain a focus on psychology/counseling/therapy experience: Only try to include experience relevant to the field of psychology. Recent and relevant volunteer, internship or other experience will be a good addition to any scholarship application.
Key items a psychology student applicant should include in their personal statement: Personal statements should entail a student’s personal and professional background and their future career goals. Do not go into too much information detailing personal health problems or overly broad personal goals. The tone needs to be more professional and less conversational.
Relevant mental health/therapy and academic activities and honors important for scholarship consideration: Any achievements obtained in regards to this field will be important to include in your scholarship application. Include high scoring GPA’s and other honors that show your dedication, motivation and responsibility in your studies.
Tips for writing, proofreading, editing and revising scholarship essays:
When starting your essay, identify your audience. Who will be reading your essay and how can you personalize it to them?
Make sure you understand the question, or rephrase it so it makes more sense. Once you have done this, get to writing.
The introduction is the first thing anyone will read and needs to be enticing to draw the reader in. Tell them what the essay is going to be about.
Once you are in the body of your essay use descriptive and active word choices. Show, don’t tell.
After the essay is written, revise, and then revise again. Read through it multiple times, and even out loud to correct any mistakes.
Get someone else to proofread your essay before it is submitted. Go to your college resource center and have professionals read it over and make suggestions. Make sure there are absolutely no errors.
Once you feel it is the best it can be, submit it.
Financial Aid for Online Colleges details other sources for funding and gives tips to optimize your FAFSA in order to receive the most federal aid as possible.