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Graduate Financial Assistance

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Graduate Financial Assistance

Various forms of financial assistance are available to students who have been admitted to the Michael F. Price College of Business doctoral program. The following are among the most common sources of aid available:

Graduate Assistantships

Eleven-month assistantships are awarded to students in return for their assistance in the mission of the College. Research Assistants help faculty on research projects and other professional activities. Teaching Assistants either instruct undergraduate courses or assist faculty with instruction. Assistants receive a stipend, health insurance subsidy, and are granted a full tuition waiver. The 2013-2014 stipend is $20,000 for eleven months. The Assistantships have a four-year term, conditional on the student making adequate progress in the program.

Information about tuition waivers for Graduate Assistants

Research Assistantships

Research assistantships are awarded to students for work as faculty assistants on research projects and other professional activities.

Teaching Assistantships

Teaching assistantships are awarded to students to assist faculty in undergraduate instruction.

Tuition-waiver Scholarships

Tuition-waiver scholarships are awarded to students with demonstrated scholarly potential.

Loans, Grants, and Waivers are available through the Financial Aid Services at the University of Oklahoma.

Graduate Foundation Fellowships in Business

Graduate Foundation Fellowships in Business are available for nationally competitive students. The precise details of the fellowship package vary slightly depending on area of study. The package includes a Graduate Assistant stipend (see above), additional cash stipend of up to $5,000 per year. These fellowships are expected to be for a term of four years. The application deadline is February 1.

Professional Expense Allowance

Professional Expense Allowance of $4,000 to be used over four years for research activities such as computers, data, and travel.

Standard financial support package awarded to doctoral students in the Price College of Business who are:
Residents of Oklahoma
(2013-2014 Academic Year)

Standard financial support package awarded to doctoral students in the Price College of Business who are classified as:
Non-residents or International
(2013-2014 Academic Year)


(1) A one-half time graduate assistantship for the 2013-2014 eleven month academic year. The graduate assistant appointment pays a stipend of $20,000 for the eleven month period. The stipend is paid in monthly payments. The stipend paid for a one-half time graduate assistantship is for 20 hours of work per week. The continuation of the assistantship beyond the first semester is contingent on your making satisfactory progress in our Ph.D. program and satisfactory performance of your assigned duties.

A one-half time assistantship also provides:

(2) Full tuition waiver for qualified graduate assistants for the duration of the degree.


(a) A typical enrollment in fall and spring semesters is nine hours. Full tuition waiver for fall and spring semesters totals approximately $3,154 (based on nine hours of enrollment each semester).


(b) Waiver of all tuition for each summer semester totaling approximately $700 (based on four hours of enrollment).

(3) For all one-half time assistants, the University of Oklahoma subsidizes 100% of the lower plan student health insurance cost. (Value = $1051)

TOTAL ANNUAL VALUE: $24,905.00


(1) A one-half time graduate assistantship for the 2013-2014 eleven month academic year. The graduate assistant appointment pays a stipend of $20,000 for the eleven month period. The stipend is paid in monthly payments. The stipend paid for a one-half time graduate assistantship is for 20 hours of work per week. The continuation of the assistantship beyond the first semester is contingent on your making satisfactory progress in our Ph.D. program and satisfactory performance of your assigned duties.

 

A one-half time assistantship also provides:

 

(2) Full tuition waiver for qualified graduate assistants for the duration of the degree.


(a) A typical enrollment in fall and spring semesters is nine hours. Full tuition waiver for fall and spring semesters totals approximately $11,750 (based on nine hours of enrollment each semester).


(b) Waiver of all tuition for each summer semester totaling approximately $2,611 (based on four hours of enrollment).


(3) For all one-half time assistants, the University of Oklahoma subsidizes 100% of the lower plan student health insurance cost. (Value = $1051)


TOTAL ANNUAL VALUE: $35,412.00

* For tuition/fee costs, please visit http://www.ou.edu/content/bursar/tuition_fees.html for the most up-to-date information.

Living costs in the Norman area are among the lowest for towns with major universities. For instance, rent on University student apartments (Kraettli) with 2 Bedrooms (Furnished) is $693.00 per month; 2 Bedroom (Unfurnished) is $615.00 per month. All utilities are paid by the University which means that there are no utility deposits to pay. Security deposit $200.00.