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FINANCIAL ASSISTANCE For entering students (first year) Research assistantships are provided to virtually all 1st year Ph.D. students. The assistantships are offered either by the Graduate School itself or by Programs, Departments, or individual faculty within GSBS. These awards require no service other than degree-related academic activities. They include:
Cost of Living The stipend a student receives is relative to the cost of living in the area the school is located. Houston has the most affordable housing of the 10 largest U.S. metropolitan areas and the second lowest cost of living among major American cities. Figures provided by the UT-Houston Office of Student Financial Services indicate that for the academic year 2006-2007, the budget for a single student amounted to $21,600. Clearly, the stipend provided by GSBS is sufficient to meet the costs associated with obtaining a graduate education in Houston. Prize Scholarships All admitted students are considered for two kinds of prize awards. The Presidents’ Merit Scholarships in the amount of $3,000 and the Faculty and Alumni Merit Fellowships of $1,000 to $2,000 are awarded to the highest ranking admitted students. These awards supplement the student’s assistantship and are continued for four years, subject only to satisfactory academic performance. Some stipends are available for students admitted to the M.S. program, but admission to this program does not automatically include the offer of a stipend. For continuing students (beyond the first year) After the first year, GSBS students are supported by traineeships, research assistantships, and a number of special fellowships. All these awards carry the same benefits and at least the same level of stipend as described above for entering students. In addition, however, a variety of additional awards and opportunities are available to current GSBS students: More than a dozen Fellowships and Scholarships, totaling over $200,000 annually, are offered. These competitive awards range from $500 to $5,000 and supplement the student's assistantship or traineeship stipend.
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