Over the last two decades, all incoming MFA students received full funding; packages for Literary Arts students generally take the following forms:
In the first year, all graduate students receive a fellowship that pays a monthly stipend and covers tuition, the health fee, and health insurance. Fellowships do not require employment or teaching. The stipend for the 2014-2015 academic year is $11,500 (payable at the end of the month from September through May).
Between the first and second academic year, students in good standing receive a summer stipend of $2,500 (payable at the end of the month from June through August).
In the second year, all graduate students in good standing who are qualified will be awarded teaching assistantships. Teaching assistants teach one undergraduate writing workshop per semester, and receive a full stipend, tuition, health fee, and health insurance. The stipend for the 2014-2015 academic year is $23,000.
Students who need additional funds can also apply for a Guaranteed Student Loan. To research loan borrowing options and other financing alternatives, including an Installment Payment plan, go to the Financing & Support page on the Graduate School website.
International students are eligible for all forms of aid except for federally-supported loans and federally-supported work study.