The Elliott School makes High Achievement and Merit Awards of partial tuition to attract highly qualified candidates. These awards are for full time master's students seeking admission in the fall. In addition, the ISTP program makes merit awards of up to 32 tuition credits per year at the beginning of each academic term to entering full-time master's students. These awards may be renewable and held for a maximum of two years. As is it expected that students will intern or work in industry, government, or at not for profits in the Washington, D.C. space community on a part-time basis while pursuing their degree, these awards reduce the financial burden of attendance.