Virtually all our Ph.D. students receive Teaching or Research Assistantships. The standard assistantship provides an annual stipend of $30,000 for four years, plus tuition waivers and basic health insurance. Teaching-based funding is also generally available for high-potential students who wish to take an extra (fifth) year to publish research before applying for an external academic position.
Supplemental, competitively awarded funding is also available from the (University) Graduate College and the Price College of Business. Roughly half of all finance Ph.D. students admitted since 2017 have received $5,000/year Alumni Fellowships from the Graduate School, and several more students received financial awards from other sources.
In addition to the academic year support described above, Price College has a competitive summer research grant program. In recent years, all finance Ph.D. students who have not obtained one of these summer research grants have received summer research or teaching assistantship.
In addition to assistantships, fellowships, and scholarships, several other programs are available to support the scholarly and research activities of finance Ph.D. students. All incoming Ph.D. students receive a $4000 (over four years) professional expense allowance for research activities such as computers, data, and travel.
Travel support is also provided for students presenting papers at national and international conferences. Financial support to present research at domestic academic conferences is routinely provided, and most students who wished to do so have received funding to present their research at international conferences—often multiple times.