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Fellowships
Economics applicants compete with Economics Department Ph.D. applicants for one University Fellowship. Winners receive a fellowship in their first and fourth years of study and receive graduate assistantship in their second and third years. Fellowships include a stipend ($25,290 in 2019-2020) and a full-tuition scholarship for 30 credits for the academic year. Students receiving a fellowship have no service responsibilities to the University during the years that they are on the fellowship. Recipients are required to take 15 credits each semester that they are on fellowship. Fellowship recipients can opt to have University health care insurance coverage at a modest fee. Fellowship stipends are taxable under the state and federal government laws.
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Graduate assistantships are renewed each academic year on the basis of satisfactory progress in the Ph.D. program and of the recent performance as a teaching or research assistant. Assistantships include a stipend for the academic year ($20,400 in 2019-2020) and a subsidy toward health insurance coverage for the year. Assistantships require 20 hours of service per week in teaching, grading, or research. A full graduate tuition scholarship for 24 hours of course work per year is also awarded with the assistantship. Students with assistantships take 9 hours of courses during each semester, and use their remaining 6 hours during the summer to register for additional courses or for dissertation credits. Graduate stipends are subject to tax by state and federal government but, at this time, are not subject to the social security payroll tax.
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