Financing Your PhD
A Competitive Funding Package
All PhD students admitted to the program will be offered a funding package. Typical funding packages include a monthly stipend as compensation for a teaching or project assistant position as well as scholarship funding. Applicants with strong potential for achievement in an academic setting will also be considered for additional scholarships or fellowships when available.
All completed applications are automatically considered for funding packages. Details on the financial award package will be provided with an admission offer.
The Wisconsin PhD Program in business offers a full funding package to virtually all admitted students. This package typically includes the following:
- Full tuition remission
- Monthly graduate assistant stipend
- Comprehensive family health insurance plan
In addition, departments may offer the following:
- Summer teaching, research appointments, or other forms of financial support to supplement the academic year package
- Funding for research presentations at major conferences
In general, students are guaranteed five academic years of financial support. Packages may vary from year to year and from department to department.
The Wisconsin School of Business believes that support for the student’s family is important to that student’s success in a doctoral program. As part of the financial award package, we offer a comprehensive health insurance plan for PhD students and their eligible dependents.
Spouses of U.S. citizens may enroll in a graduate program or find employment in the Madison area while their spouse is in graduate school. (International spouses are usually not allowed to work in the United States due to visa restrictions.)