Loans & Work Study
Carnegie Mellon expects that enrolling students with sizable financial needs will accept some amount of self-help financial support in order to help self-fund their education.
To that end, Carnegie Mellon employs several strong loan opportunities to enable students to self-fund their education. Many of these loans boast low or fixed interest rates, graduated repayment plans and opportunities for students to defer payments beyond graduation. The vast majority of these loans are to be taken out in the student’s name and all responsibility for repayment then resides with the student.
Carnegie Mellon also utilizes several types of work-study job opportunities for students to earn a paycheck while attending classes. Job opportunities are plentiful on campus and campus employers are often times very flexible with their requirements for student employees.