Are you floored by the cost of higher education, especially at the master’s degree level? Think about becoming proactive in your search for grants to pay for your college education. Along with the college loan process, grants can help you reach your goal for the Masters in Health Administration (MHA). Grants, unlike loans, do not need to be repaid.
Many grants differ from scholarships only in one respect – the grant usually does not demand that the student meet certain standards or requirements after the monies are paid to the student. Grants provided to master’s degree level students may be easier to obtain than those provided to undergraduate students, as graduate students may find more government, corporate and incentive-based grants.
Master’s degree students often can rest assured that applications for grants is the same process as the one provided to undergraduate students. The same grants are offered as well, and many of these grants are available through FAFSA (Free Application for Federal Student Aid). Still, many of those FAFSA funds are supplied as loans to graduate students, so you may need to seek grant monies elsewhere.
If you seek an MHA, you can begin to find money for this effort through professional organizations within the health care field. For instance, the Association of University Programs in Health Administration (AUPHA) offers money to students, and the Foundation of Research and Education of AHIMA also provides opportunities for students in the health care field. While these funds usually are based upon merit and proof of a high grade point average, some scholarships may offer money for those who are in need.
You can apply for money through national or state-run government-based financial aid resources. Various colleges also offer scholarships to attend their schools, and if your high grades are any indication of your future as a college student, those colleges may help you find a way to finance your studies.
You also could find money through sources that aren’t designed specifically for health care studies. If you are the daughter or son of a U.S. veteran or if you are a veteran, resources may be available to you. If you or your parents belong to a fraternal organization or to a specific religion, you may find college money there as well. Other resources include incentives for disabled individuals, ethnic groups and for people who are descendants of soldiers who fought in the American Civil War.
While graduate students might face different challenges than those provided to undergraduates, online degree programs might offer incentives to study through their accredited programs. These programs offer special benefits to the graduate student who returns for that master’s degree during mid-career or while raising a family. Non-traditional formats can be ideal for this type of student because of the program’s flexibility and support for this type of career-changing move.
Although it takes time to find grants to fund your Masters of Health Administration degree, your efforts may pay off. What better way to begin your career than through a college experience that doesn’t leave you in debt?
To become a health administrator or manager, a master's degree is usually required. Some of the most popular types of health degrees include the Master of Health Administration (MHA), the Master of Public Health (MPH), and the MBA in healthcare management. Below is a carefully compiled list of accredited institutions offering such programs to help you meet your career goals.