PhD stipend

Question

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

carcass · Answer

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

robertcruze · Answer

I got it..

carcass · Answer

Here a useful article from my database https://getbschooled.typepad.com/getbsch ... -data.html Hope it helps

regards

rustamz · Answer

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.

jenl2881 · Answer

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.

martin70 · Answer

Thanks for sharing..

theanomalie · Answer

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 .

jenl2881 · Answer

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.

Posted from my mobile device

Posted from my mobile device

PhD stipend

Prep Toolkit

Top 5 GMAT Debrief Videos

615 to 715 in 15 Days (Ria's Strategies)

More than Quant/Verbal Abilities: Speed vs. Accuracy

745 with Only Self-Prep and GMAT Club

From 555 to 765: 210-point Improvement

Perfect 805 Score Debrief by Julia

My Rewards