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# PhD stipend

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Manager
Joined: 10 Apr 2013
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PhD stipend [#permalink]  03 Sep 2013, 02:24
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KUDOS
Hello Everyone,

I need some inputs on my probable PhD in Business from a US University.

Though, I am yet to take my GMAT and hence not sure where will I land up, but still need to know the possibility of sustaining a family of 3(spouse and 6 year old child) on the stipend received(assuming no prior savings at all).

1. Is it difficult/very difficult or impossible to sustain such a life?
2. Does the total money(stipend and other grants) coming in depend on how high a GMAT score one has?

Regards

Argha
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Joined: 01 Sep 2010
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Kudos [?]: 3945 [0], given: 727

Re: PhD stipend [#permalink]  11 Oct 2013, 09:36
Expert's post
Hello Everyone,

I need some inputs on my probable PhD in Business from a US University.

Though, I am yet to take my GMAT and hence not sure where will I land up, but still need to know the possibility of sustaining a family of 3(spouse and 6 year old child) on the stipend received(assuming no prior savings at all).

1. Is it difficult/very difficult or impossible to sustain such a life?

the salary of a phd student is good but wheter enough or not it depends also on the aspectation of a family. for sure is not a huge income

2. Does the total money(stipend and other grants) coming in depend on how high a GMAT score one has?

no. definitely

Regards

Argha
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Joined: 20 Dec 2013
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Re: PhD stipend [#permalink]  10 Jan 2014, 00:32
I got it..
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Re: PhD stipend [#permalink]  16 Jan 2014, 11:59
Expert's post
Here a useful article from my database

Hope it helps

regards
_________________
Manager
Joined: 21 Nov 2011
Posts: 73
Location: United States
Concentration: Accounting, Finance
GMAT Date: 09-10-2014
GPA: 3.98
WE: Accounting (Accounting)
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Re: PhD stipend [#permalink]  28 Jan 2014, 10:50
Stipends for PhD students in the United States is typically between $20,000 and$30,000. Students can live comfortably for that money, but not sure if it is enough for a family of three. A lot depends on what part of the US you are in. Prices in one state could be much higher or lower than other states.
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Intern
Joined: 13 Nov 2013
Posts: 19
Schools: Lamar University - Class of 2011
GMAT 1: 620 Q32 V42
GPA: 3.64
Followers: 0

Kudos [?]: 1 [0], given: 1

Re: PhD stipend [#permalink]  15 Feb 2014, 23:39
It can depend on the area you go into because in my area (Information Systems), unless you get into a top school, ranges at about $18,000-$20,000 for a stipend. Big schools that might pay more than that will want a higher GMAT score. I received an offer from University of Arkansas and they let me know that my GMAT score may keep me from getting a $10k a year fellowship, which stings a bit but I won't let it deter me. Intern Joined: 21 Mar 2014 Posts: 15 Followers: 0 Kudos [?]: 0 [0], given: 0 Re: PhD stipend [#permalink] 26 Mar 2014, 19:55 Thanks for sharing.. Intern Joined: 27 Nov 2011 Posts: 33 Concentration: Social Entrepreneurship, Other GPA: 3.26 Followers: 0 Kudos [?]: 18 [0], given: 6 Re: PhD stipend [#permalink] 26 Mar 2014, 22:01 I'm going to piggyback on what jen2881 said a little bit . At a top 20 b school stipends range between 50-60k. GMAT score needed to enter is typically higher than that of an MBA program . Intern Joined: 13 Nov 2013 Posts: 19 Schools: Lamar University - Class of 2011 GMAT 1: 620 Q32 V42 GPA: 3.64 Followers: 0 Kudos [?]: 1 [0], given: 1 Re: PhD stipend [#permalink] 27 Mar 2014, 05:26 Btw I got the fellowship! I get$27k a year total for 4 years . I'm single so I don't really know but it can be manageable if you have 2 incomes and a family. Might be hard of just you are working. My sister in law makes $1600 a month and my brother barely brings in$1000 a month as a student and they manage.

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Re: PhD stipend   [#permalink] 27 Mar 2014, 05:26
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# PhD stipend

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