The University of Rochester is a private institution. Many American and foreign students are offered financial aid each year. Financial aid is not necessarily tied to teaching or research assistantships. The Department has the following general policies with respect to financial aid, reviews of student performance, and graduate student employment. A. Departmental Financial Aid Fellowships and tuition scholarships are available for Ph.D. work in Economics.
Fellowships pay a cash stipend for the academic year, and include a full tuition waiver.
Tuition scholarships pay no cash stipend, but offset the tuition costs of study. Financial aid in the form of research assistantships or teaching assistantships is generally not available to first-year students as the course load is demanding. To apply for financial aid as an entering student, you need only complete the designated section of the application. A student who receives a fellowship for the first year of study may expect that fellowship to be renewed at a similar level for the next three years, provided his or her performance is commensurate with initial expectations. No financial aid is provided after the fourth year.