The Michigan State University Department of Art, Art History, and Design offers a variety of funding opportunities for graduate students. After being accepted into the MFA Program, students become eligible for Graduate Teaching Assistantships, Graduate Research Assistantships, and University Graduate Fellowships. Depending on the type of award it may be applicable to cover University registration fees, tuition, and university health care fees. Additional monies are awarded through the department and the College of Art & Letters for research and travel.
A fellowship is an award you apply for and may recieve. Once an awarded fellowship has been processed, it can be seen through a student's StuInfo account. A fellowship is taxable. You will receive a tax form the University at the end of the year. If you owe MSU any money, MSU will take what you owe directly from this award prior to deposition. If you have federal financial aid, you will want to check to see how this award affects any funding that you receive.
An assistantship is a type of employment, it may be teaching or research based. Assistantships include health insurance and tuition waivers.