Financial Assistance Opportunities for Cyber Security Degree Students

why earn a cyber security degree

Reasons to Earn a Master's Degree in Cybersecurity

 In a time when people can access private - and highly valuable information - instantly using a mobile phone, the need to keep cyberspace safe has never been more important. Fortunately, many colleges and universities offer master's programs focused on cybersecurity, so if you have an interest in keeping the nation's computer networks secure, there may be ways to acquire the skills you need.

Of course, a desire to enroll in graduate school is one thing, being able to cover all the costs associated with continuing your education is another. However, you should know that there may be ways for you to receive help paying for graduate programs in cybersecurity if you qualify.

Scholarship for Service program

Are you interested in pursuing a degree in cybersecurity at the graduate level? Then you may want to consider applying to the CyberCorps: Scholarship for Service program. This option makes financial assistance available to qualifying students through grants from the National Science Foundation, according to the U.S. Office of Personnel Management's website.

The amount of money eligible students receive varies, but those who pursue a master's degree could receive up to $25,000 per year, while doctoral degree seekers could receive up to $30,000 each year. Ultimately, the stipends are designed to help students receive the training they may need to eventually help protect information infrastructure.

Not every school participates with this program, however, so be sure to review the list of partner institutions before you apply for a spot in the CyberCorps.

Employment Opportunities on the Rise

Whether you pursue a master's degree in cybersecurity with or without the aid of financial assistance, you're taking an important step in a field that's looking for new talent.

According to the White House website, President Barack Obama has called the cyberthreat:

"one of the most serious economic and national security challenges we face as a nation."

For this reason, the U.S. government has actively been looking for ways that it can help keep cyberspace safe from future attacks.

Bloomberg Businessweek recently reported that the Pentagon is looking to triple the size of its cybersecurity workforce by 2016.

While you're not guaranteed a job in cybersecurity at the government level, the more education you have the better your chances may be of finding employment in this area

About the Author: Laura Morrison is the Web Content Manager for GradSchools.com. She earned an MBA from the Rutgers School of Business in 2010.

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