The Graduate School of Islamic and Social Sciences provides a limited number of financial aid packages each year. Applicants who wish to be considered for financial aid should submit financial aid forms with their applications. Financial aid is granted to students on the basis of academic achievement and need. Students who wish to utilize Veterans Affairs benefits acquired during service in the United States military should contact the Director of Student Services.

Scholarships, grants, loans, and other forms of financial aid are dependent upon availability, need, and the student's academic achievement. Types of financial aid may include:

• Full tuition waiver, with no work requirements;
• Partial tuition assistance, with the stipulation that the student pay the remainder of the fee either in cash; by working a specified number of hours at the School as assigned by the administration, or by undertaking a research project that is determined by the School;
• Waiver of tuition and the designation of the student as a research or teaching assistant to a GSISS professor, the professor chooses the student, the tasks, and the period of time involved with the concurrence of the School; or
• Fellowship assistance with the stipulation that the student work a specified number of hours for the School as assigned by the administration.

Financial aid is awarded for one semester or one academic year and may be renewed based upon the student's progress and according to specific conditions that must be fulfilled by the applicant. In the case of an arrangement in which the student works for the School, work performance may influence the decision to continue to terminate the work arrangement.