I am currently a senior in college and obtaining my undergraduate degree in history. I go to a relatively small school that offers a GTA position for those in the grad program, this would pay my to get my MA. To some this might be reason enough to go ahead and get it. I am looking for advice from those who have gone through the program and what they would tell someone contemplating the decision, thank you.
If you really want to do grad school, I would definitely be looking at schools other than the one you attended for undergrad. By looking at more schools, it's likely you'll find a history department that specializes more closely to your own research interests. You should NOT look to get an MA just because it's from the school you went to for undergrad and because they'll pay you. Stipends are rarely if ever enough to fully support yourself without loans, especially for terminal MA programs (programs that offer Master's but not PhDs).
Furthermore, are you looking to eventually get a PhD? If not, I wouldn't suggest you apply to a Master's program in history unless it is professionally oriented (public history, digital history, etc.) From what I've encountered, a straight MA in history is pretty much worthless job-market wise. I'm currently in a PhD program, but got my Master's at a terminal MA program. Of the 30 MA students that were in the MA program while I was there, 3 went on to a PhD program, 1 works at a museum, and the others are either unemployed or found jobs that are in no way related to history--and many of these people were getting degrees in the supposedly more marketable field of public history.
Besides the potential to get a stipend that is very likely well below a living wage, what makes you want to get a graduate degree in history?