Tuition Costs - It's quite necessary to figure in tuition costs to your graduate school plan, particularly if you do not have a full scholarship. The average graduate student spends tens of thousands of dollars each year on tuition. If you can't get a return on your investment or if you can't afford to pay your student loans after graduation, you may regret attending a high-priced school.

Selectivity Rating - Some grad schools accept nearly everyone who applies, but others are extremely selective. The more selective a school is, the lower your chances are of getting an acceptance letter. This does not necessarily mean that you should avoid applying to the schools that don't accept high numbers of applicants; it simply means that you might be better off finding more than one school that fits your academic needs.

Average Undergraduate GPA Ranges - Didn't do so hot in undergraduate school? You may want to take a close look at the average undergraduate GPA ranges before applying. If your GPA falls too far below the average, it could hurt your chances of acceptance. Some schools may even have minimum GPA requirements, which general scraps your chances of getting in altogether.

Program Length - How long do you want to attend grad school? This is something you need to ask yourself before you begin researching programs. Some schools offer accelerated programs, which will allow you to earn your degree faster. Other schools have lengthy programs and residency requirements. There is also the option of attending school part time versus full time.

Program Flexibility - When searching for the perfect grad school program, you will want to pay special attention to program flexibility. This is especially true if you aren't exactly sure what line of study you want to pursue. Some grad schools offer a multidisciplinary curriculum, and the opportunity to pursue one interest in the beginning of your education and another later on. Other schools are much less flexible, and have programs that are virtually set in stone.

The School's National Ranking - There are many different organizations that rank graduate schools. A few examples include Business Week, U.S. News, Wall Street Journal, and The Princeton Review. Although these rankings are considered to be important, and may even help you to decide which school is best, you should not let the rankings influence your decision without investigating the criteria used to rank the schools.

Networking Opportunities - A major part of grad school is networking. You will network with not only professors and other students, but also with other people who are an influence in your field. While some grad schools offer outstanding networking opportunities, this will not be the case everywhere you go. For this reason, you should research the different networking opportunities that will be available to you at each school, and then factor the research into your decision.

See the Complete List of 50 Things To Know & Do When Searching For a Graduate School at Gradwise.org.

Also, see our list of Recommended Sites for a Graduate School Search.