Financial Aid and Scholarships for Library Science Students
Pursuing a Master’s in Library Science (MLS) or Master’s in Library and Information Science (MLIS) is an investment in your future, offering the opportunity to build a rewarding career in information management, librarianship, or archival work. However, the cost of graduate education can be significant. Fortunately, there are numerous financial aid options and scholarships available to help library science students manage expenses. This guide explores various funding opportunities tailored to MLS and MLIS students, including scholarships, grants, loans, and work-study programs.
Find a Master’s in Library Science Program Near You.
Scholarships for Library Science Students
Scholarships are a valuable source of funding because they do not need to be repaid. Many organizations, academic institutions, and professional associations offer scholarships specifically for students pursuing library science degrees.
Professional Associations:
- American Library Association (ALA) Scholarships: The ALA offers several scholarships for MLIS and MLS students, including the ALA Spectrum Scholarship, which supports students from underrepresented groups.
- Special Libraries Association (SLA) Scholarships: For students interested in specialized areas of librarianship, the SLA provides financial assistance based on academic achievement and professional goals.
- Medical Library Association (MLA) Scholarships: For those focusing on medical librarianship, the MLA offers scholarships for graduate study.
Institutional Scholarships:
- Many universities with accredited MLS or MLIS programs offer department-specific scholarships. For example:
- Syracuse University offers merit-based scholarships to exceptional MLIS students.
Other Opportunities:
- Beta Phi Mu Scholarships: This honor society for library and information science students offers awards to those demonstrating academic excellence.
- Local Library Foundations: Some local and regional library organizations offer funding for students planning to serve their communities.
Federal Financial Aid for Graduate Students
Federal financial aid is another significant source of funding for MLS and MLIS students. The U.S. Department of Education provides various forms of financial assistance through its Federal Student Aid programs.
FAFSA:
- Completing the Free Application for Federal Student Aid (FAFSA) is the first step to accessing federal financial aid. Many scholarships and institutional grants also require a completed FAFSA.
Federal Student Loans:
- Direct Unsubsidized Loans: Available to graduate students regardless of financial need, these loans have fixed interest rates.
- Grad PLUS Loans: These loans cover the remaining cost of attendance not met by other financial aid but require a credit check.
Federal Work-Study:
- Many MLS and MLIS programs participate in the Federal Work-Study program, allowing students to earn money through part-time jobs related to their field of study.
Grants for Library Science Students
Grants are another form of financial aid that does not require repayment. Unlike scholarships, which are often merit-based, grants are typically awarded based on financial need or specific eligibility criteria.
Examples of Grants:
- Institute of Museum and Library Services (IMLS) Grants: IMLS offers grants and fellowships for students pursuing advanced degrees in library science.
- State-Specific Grants: Some states provide grants for residents pursuing careers in librarianship, particularly if they commit to working in underserved areas.
Employer Tuition Reimbursement and Fellowships
Many MLS and MLIS students work in library-related fields while pursuing their degrees. Employers and professional organizations often provide financial support through tuition reimbursement programs or fellowships.
Employer Support:
- Public libraries, academic libraries, and other institutions may offer tuition reimbursement to employees pursuing a graduate degree in library science.
Fellowships:
- Fellowships often include a stipend and tuition support in exchange for research or teaching responsibilities. For instance, some universities offer graduate assistantships in library and information science departments.
Tips for Securing Financial Aid
Research Early:
Begin researching financial aid opportunities as soon as you decide to pursue an MLS or MLIS degree. Many scholarships and grants have early deadlines.
Tailor Applications:
Customize your application materials, such as essays and resumes, to reflect the specific requirements and values of the scholarship or grant.
Leverage Networking:
Engage with professional associations, attend library science conferences, and connect with alumni from your program to learn about less-publicized funding opportunities.
Combine Funding Sources:
Maximize your financial support by combining scholarships, grants, work-study, and loans. Be mindful of application deadlines and eligibility requirements for each.
