The typical stipend is $32,000+ per year plus tuition and medical.
Fifth-year Financial Support
Students admitted to the Ph.D. program are generally guaranteed four years of financial support, provided that they are making good progress toward their degrees. A degree can be completed in four years, but this has been the exception in recent years.
Students who remain in residence for a fifth year are currently compensated for teaching undergraduate courses. This has been our policy for quite a while, and we expect it to continue. At the same time, this arrangement may be threatened by future budgetary cuts. The Department of Finance, Insurance and Real Estate will make every effort to support students during their fifth year of study.
Fellowships and Assistantships
Financial support can be offered as a graduate assistantship or fellowship. An assistantship is a salaried position that requires the student to support a faculty member in research and/or teaching. Standard assistantships require a time commitment ranging from 10 hours to 13.5 hours per week. A fellowship is a salaried position that does not have a work requirement. A fellowship allows a student to devote more time to research activities.
Graduate Assistantships provide opportunities for graduate students to work on a part-time basis under the supervision of one or more faculty members in duties related to instruction, research, or professional service. Students who hold graduate assistantships are required to enroll for a minimum number of credits, corresponding to the amount of their assistantship appointment. Graduate assistantships typically are awarded by the student’s academic department depending upon funding availability and program needs.
The retention of assistantships and fellowships is predicated on satisfactory academic progress as well as satisfactory performance of assigned tasks. The Department does not guarantee continuous funding for graduate students, nor any minimum number of semesters of aid. Most assistantships and fellowships, however, are extended for a duration of four years. Students holding at least quarter-time graduate assistantships or fellowships paying at least $3,150 per semester are eligible for in-state or out-of-state tuition waivers up to the minimum credits required for full-time enrollment. Tuition waivers for each semester will be granted to qualifying assistants and fellows, provided they maintain a 3.0 GPA and are employed on or before the first day of classes through the end of final exams. Tuition waivers do not cover fees associated with registration (approximately $400 per semester).
Applications for graduate assistantships and fellowships are made by submitting all application materials to the department and be eligible for admission by February 1. The host department will identify qualified applicants and compete for resources at the College and University level. Historically, fellowship winners have had a high GPA (3.75 or above on a 4-point scale), outstanding test scores (680+ on the GMAT or a combined score of 1410+ on the verbal and quantitative portions of the GRE), and evidence of research potential.
International students must have a F1 or J1 visa to receive an assistantship.
Tuition and Expenses
Visit the Graduate Catalog financial information page.
Financial Aid Applications
Visit the Student Financial Affairs website for applications and information concerning educational loans.
Ph.D. students may enroll in GatorGradCare health insurance.