Scholarship and Grant Opportunities for Masters in Risk Management Programs
Are you interested in going back to school for an advanced degree in risk management? There are programs in this field available across the country and even online, and with the help of college scholarships and grants, you could get your degree for next to nothing – or even for free. before you write your first tuition check, take some time to look at the funds available to help students in this field.
Risk Management Scholarships
Scholarships are available to students based on merit, such as academic achievement as an undergraduate student. Students who are entering a graduate degree program often receive scholarships as part of a fellowship agreement that comes attached to responsibilities to serve as a teaching assistant or research assistant. Some colleges offer scholarships directly to their risk management students, but you can also find scholarships from outside organizations. Scholarship opportunities change from year to year, but some of the places where scholarships for risk management students could be found in the past include with the Spencer Educational Foundation, the University Risk Management and Insurance Association, and the Institute of Risk Management.
Risk Management Grants
Grants are available to risk management students who can demonstrate financial need. Like scholarships, grants do not have to be repaid after you graduate and are available both directly from colleges and from outside organizations. You can start your search for grants to help pay for your risk management education with the National Institute of Food and Agriculture, the Northeast Center for Risk Management Education, and other organizations in the insurance and risk management industry.
Loans and Other Sources of Money for College
Along with scholarships and grants, you can also look at other sources of money available to students interested in risk management master’s degree programs. Loans are the most common source of money for school, but they do have to be repaid. Student loans, however, typically are offered at low interest rates and you don’t have to start repaying them until after you graduate, giving you time to find a job in your field. In addition, you can see if your current employer offers any kind of tuition assistance program, which can provide you with money for education in return for agreeing to working with there company for a certain number of years after you graduate.