Financial Aid

The most current information for Boston University’s Graduate Financial Aid can be found here.

All newly admitted PhD students are offered up to five years of funding, conditional on satisfactory progress in the program. First-year students in the PhD program all receive non-service fellowships, meaning that they are not expected to be teaching assistants, research assistants, or perform other tasks in exchange for a stipend. Second- and higher-year students typically receive either teaching fellowships, where they assist with the department’s teaching mission, or research assistantships, where they work with faculty on research projects. The funding covers tuition charges (detailed above), health insurance, and a stipend for living expenses.

Through the Economics Department’s Institute for Economic Development (IED), PhD students are eligible for research awards, travel grants, and journal submission grants. Please visit IED for more information.