If your complete application is received by December 15th, you will automatically be considered for funding for the first year of study. Funding is awarded on a competitive basis. Students admitted with a guarantee of funding for the first year of study will also receive a guarantee of support for three additional years (contingent of maintaining satisfactory academic progress). Financial support for years two through four will be in the form of a Project Assistantship, Research Assistantship, Teaching Assistantship or fellowship and will include tuition remission, a stipend, and benefits (including medical insurance).
Students admitted to the program without a guarantee of funding for the first year of study will receive funding for years two through four as long as they are making satisfactory academic progress. In recent semesters, students in year five have also received funding. Please see the Graduate Program Guide for information on satisfactory progress.
Tuition rates can be found here. Under "student career" select "graduate".
University Fellowships
Fellowships offer students the opportunity for full-time study with no work responsibilities. The university has a campus-wide fellowship competition for incoming graduate students. Each year, a number of our applicants receive University Fellowship packages for the first year of study or the first two years of study. The fellowship stipend is over $15,000 and is often accompanied by department scholarships. Fellowships also include health benefits and a tuition waiver.
Advanced Opportunity Fellowships
This fellowship provides a stipend, tuition, and health insurance for underrepresented students of color who meet the AOF eligibility criteria. Eligible students must indicate their interest in the AOF on the Graduate School online application. Interested students can also contact the Economics Department by December 15th.
Additional information on the Advanced Opportunity Fellowship including eligibility criteria can be found here.
Project Assistantships
Students can also receive funding in the form of a Project Assistantship (PA) for the first year of study. A PA is often called a Research Assistantship at other universities. Project Assistants are paired with a professor to assist that faculty member with his or her research. PA stipends vary, but all PAs include tuition remission and health benefits.
Teaching Assistantships
We typically have a few first year students who are funded through Teaching Assistantships (TA). First time TAs typically teach for large undergraduate introductory Economics courses. There are two components to each introductory course--a large lecture and a small group discussion section. A TA's main responsibility is to teach 3-4 small group discussion sections per week and attend lecture. There are a maximum of 24 students in each of these discussion sections. Other responsibilities may include grading homework and quizzes.
NIMH Traineeships
Economics Department and Population Health Sciences faculty oversee a National Institute of Mental Health Training Program in the economics of mental health and health. Students generally join the training program in the second year of the program. Trainees participate in a year round research seminar and work with faculty on research projects in health economics. Students in the training program receive a stipend, tuition remission, and benefits.
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