MAIOP Financial Aid

What do Industrial/Organizational Psychology Students do for Financial Assistance?

I/O psychology graduate students receive several forms of financial aid. The majority of full-time MAIOP students have graduate assistantships, which result in a partial tuition reduction and a weekly paycheck. Students may work oncampus as research, teaching, or administrative assistants. For example, as an administrative assistant, a student might work in the Career Development, Financial Aid, or Graduate Records Office. Students who receive teaching and research assistantships work for professors, usually in the Psychology Department or College of Business. All graduate assistantships give students a fifty-percent tuition reduction. Additionally, students are paid $7.00 per hour. Students typically work 15 to 20 hours per week and may not exceed 20 hours in a week.

Application materials for assistantships are typically mailed to all accepted students in early spring. Students apply for assistantships in which they are interested, and we encourage students to apply for many (20-25) different positions. Students should apply as soon as assistantship materials are received. Students typically interview for positions in person or by phone. In the past, the large majority of I/O psychology students who desired assistantships received them. Most assistantship positions are filled by September. Students beginning the program in winter and spring are eligible for assistantships that were not filled in the fall, or were vacated by a recent graduate. Applications and further information are available from the Graduate Admissions Office and the Financial Aid Office.

Students who need additional financial support receive Federal Stafford Loans. There are two types of Stafford Loans — subsidized and unsubsidized. Subsidized loans are need-based, and unsubsidized loans are non-need-based. Eligible students may receive up to $8,500 per academic year in Subsidized Stafford Loans. Unsubsidized Federal Stafford Loans are for students who do not qualify, in whole or in part, for subsidized Federal Stafford Loans. The terms for unsubsidized loans are the same as the terms for subsidized Stafford Loans except the federal government does not pay the interest. Students may receive both types of Stafford Loans, and most full-time students who live off campus will be eligible.

In order to obtain an assistantship or receive Stafford Loans, the student must submit the following items to the Financial Aid office:

• University of New Haven Financial Aid Application (submit an application online)
• Free Application for Federal Student Aid (FAFSA) — This form can be obtained from the Financial Aid Office, or it can be filled out online at www.fafsa.ed.gov. The UNH code number is 001397. Approximately four weeks after the form is mailed, the U.S. Department of Education will send a Student Aid Report (SAR) to the applicant.
• Tax Documentation — Applicants are required to submit a signed copy of their own (and of their spouse's, if applicable) federal income tax return from the most recent tax year prior to the academic year for which they are applying for aid. Tax forms must include all pertinent schedules and W-2 forms.
• Financial Aid Transcript — Students must submit a Financial Aid Transcript Form from the college they attended previously to the academic year for which they are applying for financial aid.

All forms can be obtained from the Financial Aid Office. In order to assure that your application is processed in time, it is recommended that students applying for need-based and non-need-based assistance submit the documents listed below by the following dates:

May 1 for the fall trimester/academic year
October 15 for the winter trimester
January 15 for the spring trimester

MAIOP students live comfortably with assistantships and loans. If you have further questions, please contact the Financial Aid Office at 203.932.7315 or 1.800.DIALUNH, x7315.