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Financial Aid Resources for Graduate Students

Saunders College and RIT offer graduate students a variety of options to help fund their education. 

Financial Aid and Scholarships

Whether you are a domestic or international student, you can find the most up-to-date financial aid and scholarship information by visiting the RIT Office of Financial Aid

All applicants to our programs are reviewed for possible scholarships at the time the admissions committee meets to make their admissions decisions. Scholarships are merit-based in nature and take into consideration your previous academic background, performance on the GMAT/GRE and TOEFL/IELTS (international only) exams, as well as any work experience and/or activities you may have. In 2016-2017, RIT provided over $19 million in financial support to approximately 2,200 graduate students.

Saunders Merit Awards

Each year many generous alumni and corporate donors contribute funds to dozens of Saunders College of Business Merit Awards. Like Scholarships, these donations enable Saunders College to distribute Merit Awards to Saunders College of Business students who have demonstrated strong leadership abilities and who have excelled within their academic programs.

Please review these criteria that you must meet before applying for a Merit Award:

  • A cumulative grade point average of at least 3.70.
  • Earned a minimum of 9 (and a maximum of 36 credit hours) from Rochester Institute of Technology.
  • Be enrolled in a Saunders College of Business graduate program.
  • PREP students are not eligible for Saunders College Merit Awards.
  • Executive MBA students are not eligible for Saunders College Merit Awards.

Please submit your Saunders Merit Award application electronically (all submissions must be electronic only) to by the April 15 deadline.

On-Campus Employment

Graduate assistantships, research assistanceships, and campus employment is available to graduate studnets across campus. 

Saunders Graduate Student Worker

As a Graduate Student Worker, you will support faculty in their research and class preparations or support administrative personnel of the college.These positions are for 8 hours per week and the application process occurs during graduate orientation. 

RIT Graduate Assistanceships

RIT Graduate Assistantships are offered to full-time matriculated graduate students to serve as teaching, research, or administrative assistants. Graduate Assistants receive wages (determined by the department making the appointment) in exchange for work performed. Many graduate assistants also receive tuition remission (i.e. tuition support) in addition to receiving wages for assistantship duties. For detailed instructions on how to apply, visit the RIT Office of Financial Aid.

On-Campus Employment

There are a variety of on-campus employment opportunities for RIT students.  Student employees are paid bi-weekly and these earnings are taxable. Most students use their earnings to pay for books, travel, and personal expenses rather than for tuition and fees. For further details on eligibility and employment opportunites, please visit the Student Employment Office