Graduate Scholarships & Grants
LIU Riverhead is committed to helping students maximize their earning power through grants, scholarships and loans. Depending on your undergraduate GPA and the number of credits you are taking, you may qualify for up to $6,500 in scholarships. Awards are offered on a funds-available basis and application deadlines vary. See details below. Please contact the Admissions office at 631-287-8010 for information regarding scholarships for part-time study.
APPLY FOR FAFSA
Apply online at www.fafsa.ed.gov using our Federal school code of 002751. Contact the Student Financial Services Office at 631-287-8322 or firstname.lastname@example.org for assistance with completing your FAFSA. LIU Post offers free College Affordability Workshops several times each year to assist students with filing their FAFSA forms. Please call us for details.
New and continuing students must submit a FAFSA each year by Feb.15 or your financial aid package may be reduced or cancelled, based on the availability of funds.
LIU GRADUATE SCHOLARS AWARD
This scholarship offers $2,500 per year to students with a cumulative grade point average of 3.50 or higher from their prior degree-granting institution. Students must maintain a 3.00 cumulative grade point average in nine credits each semester.
LIU GRADUATE ALUMNI/SIBLING/LEGACY AWARD
This award offers $1,000 per year to students that are LIU Alumni/Sibling Alumni/Parents Alumni. Must maintain a 3.0 GPA and enroll in 9 credits each semester.
SUFFOLK COUNTY EMPLOYEE TUITION DISCOUNT SCHOLARSHIP
One-third tuition discount to all employees of the County of Suffolk. A one-third tuition discount is also available to spouses and dependent children of Suffolk County employees for their first 6 credits of attendance. This award may not be combined with any other University awards. Employee verification form must be submitted to the Office of Financial Aid prior to each semester of eligibility. Restrictions apply.
FEDERAL GRANT PROGRAMS AID FOR MILITARY FAMILIES
As a designated “Military Friendly School,” LIU Riverhead has a proud and distinguished history of serving its nation’s active duty service members, veterans and their families. The U.S. Department of Veteran’s Affairs offers generous education benefits for veterans and their families. Call 631-287-8322 for assistance.
FEDERAL LOAN PROGRAMS
The Direct Loan Program is the best financing option for a graduate student and should be considered before any private educational loan options. Graduate students can borrow up to $20,500 per year in unsubsidized direct loans, depending on financial need, to finance the cost of your education. This loan has a fixed interest rate of 6.8 percent.
The Direct PLUS Loan is a creditworthy loan for graduate students who have borrowed the maximum amount of Direct Loan assistance. PLUS loans are available to qualifying students, depending on financial need, and have a fixed interest rate of 6.41 percent.
PRIVATE EDUCATIONAL LOAN PROGRAMS
A variety of lending institutions offer private educational loans to prospective students. These loans should only be considered after exhausting eligibility in the Federal Direct Student Loan program. Students and families will need to conduct research to find the best private educational loan to suit their needs (e.g., determining interest rates, co-signer requirements, repayment options and whether the loan may be sold to another provider). Students must apply directly with the lender.
Once approved for a private loan, LIU Riverhead will review the loan for school certification. This process includes confirming enrollment and verifying eligibility for the type of loan and amount requested. Loan funds are disbursed in accordance with the terms of the loan once all necessary paperwork has been completed. The complete process may take up to 28 business days.
U.S. Department of Education: www.studentaid.ed.gov
Federal Direct Loan program: www.studentloans.gov
U.S. Department of Veteran Affairs: www.gibill.va.gov
Free Application for Federal Student Aid: www.fafsa.ed.gov