30 Fully Funded Ph.D. Programs

These fully funded Ph.D. programs are in fields like business, computer science, education and nursing.

Two women standing in the modern library

(Getty Images) |

Many Ph.D. programs are fully funded.

Students interested in graduate research in various fields, from public health and English to computer science and engineering, have numerous options for Ph.D. programs that offer full funding. These programs typically provide waived tuition and fees and an annual stipend. Some also offer health insurance and other benefits. Gaining admittance into these small cohorts can be highly competitive, and the programs can be time-consuming . Here are 30 fully funded Ph.D. programs at U.S. colleges and universities. Keep in mind this is not a comprehensive list – there are others out there.

A man handling papers from the Hulton Archives, wearing white gloves.

  • Ph.D. in anthropology at the University of Chicago

Anthropology Ph.D. students at the University of Chicago can receive funding for up to eight years of study, assuming they are in good standing at the university. During that time, they will receive a full-tuition scholarship plus health insurance and a living stipend – which equated to $33,000 for the 2022-2023 school year – and can apply for external fellowships.

Radcliffe Quad undergrad housing at Harvard University in Fall in Cambridge, MA, USA on November 2, 2013.

Ph.D. in biological sciences in public health at Harvard University (MA)

Harvard University's T.H. Chan School of Public Health in Boston offers a Ph.D. in biological sciences in public health that aims to provide students with expertise in disease prevention and treatment. This program includes tuition, a stipend and health insurance for five years as long as the student maintains satisfactory academic progress. International students receive the same benefits. Current research in the school's laboratories involves diseases like AIDS, cancer, diabetes, kidney disease, malaria and tuberculosis.

MIT, a private university

(Dominick Reuter) |

  • Ph.D. in business at Massachusetts Institute of Technology

Students enrolled in the Sloan School of Management at the Massachusetts Institute of Technology can study a range of fields like organization studies, accounting and information technology. Those pursuing a Ph.D. will receive a full-tuition scholarship plus a monthly stipend of $4,267, capped at $51,204. They will also receive medical insurance, new laptops at the beginning of their first and fourth years of study and $4,500 over five years for conference travel expenses.

Rice University

(Tommy Lavergne | Rice University)

Ph.D. in business at Rice University (TX)

At the Rice University Jones Graduate School of Business in Texas, students enjoy full financial assistance upon admission to the Ph.D. program. Aiming to prepare students to teach in fields like accounting, finance, organizational behavior and strategic management, the program provides students with a research or teaching assistantship. Students receive a tuition waiver and a $40,000 annual stipend contingent on making satisfactory academic progress and maintaining full-time student status.

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Office of Strategic Communication | University of Iowa

  • Ph.D. in business at the University of Iowa

The University of Iowa's Tippie College of Business offers Ph.D. degrees in fields such as accounting, economics, business analytics and marketing. The college says it provides full funding to "virtually all admitted students." This includes tuition and fees, a minimum nine-month stipend of about $20,000 with annual adjustments and comprehensive health insurance covered at 90%. Some departments offer funding for research presentations at major conferences, summer fellowships and paid time off for independent research.

Cornell University buildings viewed from McGraw Tower

Ph.D. in chemical engineering at Cornell University (NY)

According to Cornell University 's website, all students admitted to the chemical engineering Ph.D. program at the New York school receive a full tuition waiver, health insurance and a stipend. This funding can come from a teaching assistantship, research assistantship or fellowship, and full stipends are granted for nine months with the likelihood of additional aid in the summer.

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Chris Taggart | Columbia University

Ph.D. in clinical psychology at Columbia University (NY)

Students enrolled in Columbia University 's Ph.D. program in clinical psychology at the Teachers College in New York receive fully funded tuition and a $25,000 stipend annually for three years. The stipend also carries into a student's fourth year. These doctoral fellows "may be expected to serve" as graduate teaching or research assistants. Students typically complete the mentor-matched program, which includes a full-year internship, in five to seven years.

Unidentified individuals, and University Hall  on the campus of Brown University.

Ph.D. in computer science at Brown University (RI)

Brown University 's Ph.D. students in computer science have access to "full financial support while completing the degree," plus the option to take classes at nearby schools without incurring additional costs, according to the school's website. In fact, doctoral students in any program at the Rhode Island university are guaranteed five years of financial support, which includes tuition remission, a stipend, health services fees and a subsidy for health insurance.

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Georgetown University |

Ph.D. in computer science at Georgetown University (DC)

Georgetown University 's Ph.D. program in computer science provides scholarships and assistantships that cover full tuition at the Washington, D.C., school and include a stipend and health insurance for the first five years. Once enrolled in the program, students must complete the Apprenticeship in Teaching Program and ultimately write and defend a full research dissertation in a seminar open to the public.

Cherry trees in bloom in the campus of Washington university in springtime

Ph.D. in computer science at Washington University in St. Louis

Ph.D. students in the computer science or computer engineering program at Washington University in St. Louis receive full tuition support and health insurance. According to the university's website: "As a doctoral candidate, you will also receive a generous stipend to cover living expenses and a new, high-end Apple laptop computer. This support is guaranteed as you continue to make satisfactory progress towards your degree." Doctoral students may also qualify for one of three fellowships.

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Jeff Miller | UW-Madison

  • Ph.D. in counseling psychology at the University of Wisconsin—Madison

Incoming Ph.D. students at the School of Education at the University of Wisconsin—Madison are guaranteed full funding for the duration of the time that they are expected on campus, according to the university's department of counseling psychology website. Doctoral students also receive a benefits package that includes health insurance. Funding may come from financial aid, fellowships, assistantships and/or traineeships.

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Emory University |

Ph.D. in economics at Emory University (GA)

Students enrolled in the economics Ph.D. program at Emory University typically receive full funding, according to the Georgia university's website. The stipend provided to students is $36,376 per year for five years, starting in fall 2023, and the full tuition scholarship is worth $70,200 per year. Funding for admitted students also includes a $4,370 annual subsidy that covers 100% of a student's cost of health insurance. First-year students have no stipend-related work requirements.

New York City, New York, USA - September 13, 2013: Street view of New York University NYU in Greenwich Village Manhattan. There are people visible in this image.

  • Ph.D. in education at New York University

New York University's Steinhardt School of Culture, Education, and Human Development offers more than 30 degree programs. Many can be pursued on campus or online. Ph.D. degrees are offered in areas like developmental psychology, educational leadership and childhood education. Full-time NYU Steinhardt Ph.D. students are eligible for a funding package that includes an annual stipend – $32,000 for the 2022-2023 academic year – tuition coverage for required coursework and student health insurance for five years.

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L.A. Cicero, Stanford News Service |

Ph.D. in education at Stanford University (CA)

Stanford University's Graduate School of Education allows students numerous fellowship and assistantship opportunities at the California school, along with a "five-year funding guarantee that provides tuition aid, fellowship stipend, and assistantship salary, and covers the standard cost of attendance," the program website reads. At the Graduate School of Education, doctoral students can choose from a range of academic areas like curriculum studies and teacher education, and developmental and psychological sciences.

Two friends working in a public library, using a computer to find some specific books for their studies together.

  • Ph.D. in education at the University of Pennsylvania

The University of Pennsylvania Graduate School of Education provides full funding to Ph.D. students as part of a fellowship and research apprenticeship package. This funding includes a living stipend, health insurance and coverage of tuition and fees for up to four years if the student maintains full-time enrollment. Some students may also qualify for additional summer funding.

Ann Arbor, Michigan, USA - November, 20 2010: The Computer Science and Engineering Building on the University of Michigan's North Campus has an eco-friendly design.

  • Ph.D. in engineering at the University of Michigan—Ann Arbor

Doctoral students in engineering at the University of Michigan—Ann Arbor can choose from numerous areas of specialization under umbrella categories like aerospace engineering, biomedical engineering, macromolecular science and engineering, and robotics. All engineering doctoral students are guaranteed full funding, a monthly living stipend and health insurance. The exact amount can vary, according to the program's website, and funding comes from a range of sources, including graduate student instructor positions and fellowships.

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Boston University Photography |

  • Ph.D. in English at Boston University

Annually, doctoral students studying English at Boston University receive a stipend plus full tuition, fees and basic health insurance. This funding is guaranteed for at least five years, with two of those years typically free from teaching requirements. Funding can sometimes be extended up to seven years, according to the university's website, but it's not guaranteed. Students may also apply for various prizes, fellowships and short-term research and travel grants.

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(Stephanie Diani) |

  • Ph.D. in English at the University of California—Los Angeles

Applicants to the Ph.D. in English program at the University of California—Los Angeles are automatically considered for various funding options. A six-year funding package includes "a minimum of two years of full fellowship, four years of summer stipend support and up to four years of teaching assistantships," according to the school website. Beyond tuition, fees and health insurance are also covered.

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Jeff Watts |

Ph.D. in international relations at American University (DC)

American University offers doctoral students in its international relations program who do not have external funding a renewable four-year Dean's Fellowship that is contingent on making satisfactory academic progress. The fellowship includes the cost of tuition, fees and a stipend that must be earned via a part-time role as a teaching or research assistant. Students also must "demonstrate competency in a modern foreign language" before graduating.

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Jonathan Cohen | Binghamton University

  • Ph.D. in management at Binghamton University—SUNY

All students admitted to the interdisciplinary management Ph.D. program at the Binghamton University—SUNY School of Management in New York receive a combination of a full-tuition scholarship and a teaching or research assistantship for each academic year, up to four years. This STEM-designated business doctoral degree prepares students for careers in academia and work in the public and private sectors, and has a student-faculty ratio of 1-to-1, according to the university's website.

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Duke University Communications |

Ph.D. in materials science and engineering at Duke University (NC)

Doctoral students at Duke University in North Carolina studying materials science and engineering generally receive full tuition, a stipend and fee support for the first five years. Students also receive up to six years of health insurance if they are on the university's student medical insurance plan. The doctoral program aims to help students publish with a faculty adviser and develop research skills, with the opportunity to present research at professional conferences.

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Homewood Photography | JHU

Ph.D. in nursing at Johns Hopkins University (MD)

The School of Nursing at Johns Hopkins University in Maryland provides most doctoral students with three fully funded years of study. Available financial aid includes graduate assistantships, targeted fellowships and nursing-specific funding. The university aims to "advance the theoretical foundation of nursing practice and healthcare delivery" with the degree, its website reads. "By graduation, most Hopkins nurse scholars have been awarded grants that continue their research and set them well on their way to a successful career."

"The Lawn in late afternoon at the historic University of Virginia campus in Charlottesville, Virginia. The lawn was part of Thomas Jefferson's campus design."

  • Ph.D. in nursing at the University of Virginia

All students admitted to the University of Virginia 's Ph.D. in Nursing program are eligible for four years of scholarship funding to cover tuition, insurance and fees, as well as annual stipends. To receive certain aid, students must work 10 hours per week as a graduate teaching assistant. With a heavy research focus, students can expect courses in qualitative, quantitative and historical research, and will have to submit a research proposal for peer review.

Yale University

Ph.D. in nursing at Yale University (CT)

At Yale University in Connecticut, the School of Nursing offers full funding to its Ph.D. students. They receive a monthly stipend for four years in addition to paid tuition and health care. The program allows students to gain in-depth knowledge in a particular area of study. Every incoming Ph.D. student gets paired with a faculty adviser "whose area of expertise and active research most closely matches with the student’s scholarly interest," according to the school's website.

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University of Minnesota |

  • Ph.D. in psychology at the University of Minnesota—Twin Cities

Students admitted to the Ph.D. program to study psychology at the University of Minnesota—Twin Cities are guaranteed full funding for five years as long as they maintain satisfactory performance and degree progress. This funding includes full-time tuition, a nine-month stipend and subsidized health insurance. Funding comes from some combination of teaching assistantships, traineeships, research assistantships and fellowships. Students in the program can specialize in areas like cognitive and brain sciences, industrial-organizational psychology and social psychology.

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Matt Cashore | University of Notre Dame

Ph.D. within the Romance languages and literatures department at the University of Notre Dame (IN)

University of Notre Dame doctoral students who focus on French and Francophone studies, Iberian and Latin American studies or Italian studies are guaranteed five years of funding. Funding includes a full scholarship, including tuition and fees, plus a stipend and health insurance. Anyone who completes the Ph.D. degree requirements at the Indiana university within five years will automatically receive a one-year postdoctoral fellowship via the university's 5+1 Program. Fellows will have a teaching load limited to one course per semester.

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Ph.D. in social work at Bryn Mawr College (PA)

Students admitted to Bryn Mawr College 's Ph.D. program in social work receive full tuition waivers and "substantial stipends" toward living expenses. The Pennsylvania college's website says: "Consistent with our model, all Ph.D. students are funded equally, and do not compete for basic financial support during coursework." The program's cohorts typically include only three or four students each year. According to the college, it awarded the first Ph.D. degree in social work in the U.S. in 1920.

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Vanderbilt University |

Ph.D. in special education at Vanderbilt University (TN)

Funding is guaranteed for all admitted doctoral students enrolled in the special education Ph.D. program at the Peabody College of Education and Human Development at Vanderbilt University in Tennessee. This includes full tuition, a "competitive" monthly stipend and health insurance for up to four years. Students may also be nominated for additional honor scholarships and fellowships. Areas of focus within the Ph.D. program include high-incidence disabilities and early childhood education.

Chicago, Illinois in the United States. Entrance to Northwestern University - School of Law.

Ph.D. in theatre and drama at Northwestern University (IL)

This interdisciplinary Ph.D. program at Northwestern University in Illinois combines coursework in humanities, social science and the visual arts. The program's students receive a five-year full-tuition scholarship plus an annual living stipend. Ph.D students enrolling at this program in fall 2022 will receive a living stipend of at least $36,960 during the 2023-2024 school year. Stipend amounts may change from year to year. Students can apply for subsidies to facilitate conference travel and summer language study.

COLLEGE PARK, MD - OCTOBER 4:   Testudo is pictured on the University of Maryland Campus. The University of Maryland announced a transformative investment of $219486,000 in the university on October 4. In a first of its kind announcement, university and government officials unveiled the investment in a celebration event for the campus community.

(Photo by Sarah L. Voisin | The Washington Post via Getty Images)

  • Ph.D. in women, gender and sexuality studies at University of Maryland

At the University of Maryland 's Harriet Tubman Department of Women, Gender and Sexuality Studies, Ph.D. students without a master's degree usually have five years of guaranteed funding. Those with a master's degree usually are funded four years, with awards stemming from a mix of departmental fellowships and graduate teaching assistantships. Since the program's establishment in 1999, the department has granted 36 Ph.Ds, according to UMD's website.

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Learn more about paying for graduate school.

Finding a fully funded program isn't the only option to offset the costs of graduate school. See these seven strategies to pay for graduate school to learn more. Check out the latest Best Graduate Schools rankings to see the country's top business, medicine and law programs – and more. For additional grad school tips, follow U.S. News Education on Facebook , Twitter and LinkedIn .

Locust Walk with students in fall, University of Pennsylvania, University City area, Philadelphia, PA, USA

Ph.D. programs that are fully funded

  • Ph.D. in biological sciences in public health at Harvard University
  • Ph.D. in business at Rice University
  • Ph.D. in chemical engineering at Cornell University
  • Ph.D. in clinical psychology at Columbia University
  • Ph.D. in computer science at Brown University
  • Ph.D. in computer science at Georgetown University
  • Ph.D. in computer science at Washington University—St. Louis
  • Ph.D. in economics at Emory University
  • Ph.D. in education at Stanford University
  • Ph.D. in international relations at American University
  • Ph.D. in materials science and engineering at Duke University
  • Ph.D. in nursing at Johns Hopkins University
  • Ph.D. in nursing at Yale University
  • Ph.D. within the romance languages and literatures department at the University of Notre Dame
  • Ph.D. in social work at Bryn Mawr College
  • Ph.D. in special education at Vanderbilt University
  • Ph.D. in theatre and drama at Northwestern University

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Highest Paying Doctorate Degrees [2024 Guide]

We’ve identified the 25 highest paying doctorate degrees. Compare salaries and job prospects.

Highest Paying Doctorate Degrees

Completing a PhD may open up doors in terms of career advancement. Plus, it may not take as long as you think to complete if you enroll in the shortest doctoral programs .

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The following list contains the highest paying doctorate degrees along with career outlook and job growth statistics.

25 Highest Paying Doctorate Degrees

All career statistics and salary data are provided by the U.S. Bureau of Labor Statistics .

Click on the area of study you’re interested in to jump to that section.

Aerospace Engineering

Chemical engineering, pharmacology, business administration, cybersecurity, electrical engineering, data science, biochemistry, information security assurance, biomedical engineering, information technology and computer science, occupational therapy, criminal justice, engineering, organic chemistry.

While all of these industries are growing, some provide better job prospects than others.

immunologist checking a young patient

  • Annual Median Salary (Bureau of Labor Statistics): $208,000
  • Job Growth: 4%

One of the more specialized high paying doctorate programs is in immunology. Immunology is the study of disease prevention and immunity. Due to the specialized nature of the study here, jobs are typically well paid and much more specific.

A person who has studied immunology may be expected to work in research or academia but is also likely to land high-paying roles within the medical industry and at hospitals. The demand for this area of expertise is also rising faster than the average job growth, meaning there should be plenty of opportunities for graduates.

A PhD in immunology is a lot of hard work and is, therefore, suited to someone who already has considerable experience working in the medical industry. Those with an academic background in medicine should consider applying for an immunology program.

physicists researching in a laboratory

  • Annual Median Salary (Bureau of Labor Statistics): $129,850
  • Job Growth: 7%

Of the three main sciences, physics can be the one that is the most fruitful for taking a doctorate. People who take a PhD in physics are likely to land themselves a position as either a researcher or a professor.

There are also several other high paying positions that are possible for someone who takes this career path, including more specialized roles or becoming lead physicists and consultants.

Physics is also one of the job markets that is predicted to see a considerable amount of growth for the next 10 years. Pursuing a physics doctorate can be perfect for someone who already has experience in physics or someone who already has either a bachelor’s or master’s degree in the subject combined with some practical experience.

aerospace engineer checking a plane

  • Annual Median Salary (Bureau of Labor Statistics): $118,610
  • Job Growth: 3%

Aerospace engineering is a field that would likely attract those who already have a background in either science or engineering. It is one of the fastest growing industries in the world, and demand for jobs is expected to increase as the years roll by. So the length it takes to get a PhD should be taken into consideration so you can quickly enter this field during its booming growth.

The doctorate focuses on the engineering of various different types of spacecraft and can be incredibly demanding. According to the Bureau of Labor Statistics, the salary potential for this field is as high as $171,220.

math professor teaching in a university

  • Annual Median Salary (Bureau of Labor Statistics): $110,860

Math may not be the glamorous subject to study at doctorate level, but it can open up a wide range of potentially lucrative career options.

Math can allow students to work in various sectors of the economy and business, and they may also work in research or as a math lecturer or professor at a top university.

team of professionals in a meeting

  • Annual Median Salary (Bureau of Labor Statistics): $109,760
  • Job Growth: 5%

Taking a doctorate in management can be a logical step in the career of someone who has a history of working in business, project management, or the economy as well as several other sectors.

Earning this doctorate can open up chief executive roles within companies and roles like chief operations officer and supply chain management. It may also lead to regional and national management roles.

chemical engineer working in a laboratory

  • Annual Median Salary (Bureau of Labor Statistics): $108,540

Another engineering-based field that presents doctorate students with some big money career options is chemical engineering. The field combines a number of different disciplines, including all of the sciences, math, and statistics, as well as engineering.

It is a complex doctorate to take, but the rewards may be worth the effort, with the Bureau of Labor Statistics showing salaries up to $168,960 available in this field.

economics analyst working on her computer

  • Annual Median Salary (Bureau of Labor Statistics): $108,350
  • Job Growth: 14%

One of the most popular PhDs to take is in economics. Economics is a social science that studies and theories about the production and consumption of goods and the effect that this has on society and the economy.

Taking a PhD in economics may open up a lot of doors. Working in the financial sector is usually lucrative, and a doctorate in economics can help give you an edge over competitors in what is a notoriously feisty industry. Top earners can make around $198,230 per year.

Economics analysis is a skill that is highly sought after, especially in the medical, legal, and education sectors.

While on the face of it, some people may believe that studying economics leaves you consigned to an office for the majority of your working life, the reality is that it can open up a lot of doors in a lot of different sectors. It may also provide you with a lot of travel opportunities and chances to meet new people.

A doctorate in economics may be perfect for someone who already has some experience in the field or for someone who has studied economics, math, finance, or business to a higher level and wants to take the next step in their academic and professional career.

pharmacist checking details of a medicine on computer

  • Annual Median Salary (Bureau of Labor Statistics): $107,270
  • Job Growth: 6%

Pharmacology is big business these days, and taking a doctorate in the subject may lead to some lucrative opportunities. It is expected that someone who wants to study pharmacology will have a background in the subject with a master’s degree being heavily preferred.

There are a lot of pre-requisites for getting onto a pharmacology doctorate program, but the Bureau of Labor Statistics is showing salaries going as high as $164,980.

business professional working in the office

  • Annual Median Salary (Bureau of Labor Statistics): $103,650

Getting a doctorate in business administration can open up a lot of doors. Students who end up taking their doctorate in business administration often end up working as leading and chief executives as well as entrepreneurs and financial advisors.

According to the Bureau of Labor Statistics, salaries for someone with a doctorate in this field can be as high as $208,000. It can be ideal for someone who has a background in business or economics who wants to take the next step in their career.

IT specialist working on her computer

  • Annual Median Salary (Bureau of Labor Statistics): $103,590
  • Job Growth: 31%

As the world of IT continues to grow, so does the demand for more and more cybersecurity. The field is one of the fastest-growing in the world, and getting a doctorate in the subject may land you a range of different high paying jobs.

According to the Bureau of Labor Statistics, roles like IT managers can offer doctorates a salary of up to $208,000. This sector is also constantly growing, and as such, the demand and the salaries should continue to grow as time passes.

electrical engineer working on wires

  • Annual Median Salary (Bureau of Labor Statistics): $100,830

When it comes to job demand, electrical engineering is one of the safest career paths to go down. Electrical engineering has a huge impact on our day-to-day lives.

Most of our day-to-day electrical appliances exist as a result of electrical engineering, and taking a doctorate in the field may open the door to some pretty lucrative research and project management positions. It is advised that someone who takes a PhD in electrical engineering already have practical experience in the field.

school principal checking the students before going on a field trip

  • Annual Median Salary (Bureau of Labor Statistics): $98,490

A doctorate in education can open up a lot of different career options in that sector. A lot of doctors of education end up working in either research or in top positions at schools as principals and superintendents.

According to the Bureau of Labor Statistics, the average salary for someone working in education administration with a doctorate is around the $199,400 mark. A number of doctor of education programs do not require a dissertation .

data specialists checking the data room

  • Annual Median Salary (Bureau of Labor Statistics): $98,230

Data is quickly becoming the most valuable commodity on the planet, and as such, the demand for data specialists and researchers is growing at an impressive rate.

Data science doctorates offer a gateway into these positions, and they usually come with some pretty high salaries. According to the U.S. Bureau of Labor Statistics, salary for a data scientist can go as high as $165,230, and with this field ever-expanding, the demand for these positions should continue to increase.

biochemist working in a laboratory

  • Annual Median Salary (Bureau of Labor Statistics): $94,270

Biochemists study the chemical and physical makeup of living organisms. Due to the specialized nature of the subject, research positions in this sector typically pay incredibly well.

According to the Bureau of Labor Statistics, biochemist doctorates can start out at around $67,710 but can increase up to $169,860 or more. This doctorate may suit someone with a background in chemistry or some other science discipline.

IT engineers working in data center

  • Annual Median Salary (Bureau of Labor Statistics): $92,870

Information assurance is a new discipline that has been created as a result of the times we live in. Information assurance is effectively another type of cybersecurity that is designed to protect people’s data from third parties and other potentially dangerous sources.

A background in any sort of computer or data-related field can be ideal for getting onto an information assurance course. Due to the increasing demand for data protection, jobs in this sector can be particularly lucrative, and the demand for these jobs is expected to increase as time rolls on.

The demand for experts in this industry is very high and is only predicted to grow over the next decade.

biomedical engineer working in a laboratory

  • Annual Median Salary (Bureau of Labor Statistics): $92,620

Biomedical engineering is becoming an incredibly popular field of research. It is an ever-growing and developing industry, and as such, the demand for expertise in the area is on the rise.

Getting a PhD in biomedical engineering is likely to secure you a lucrative research job for a university or a job in a hospital or the medical industry. According to the Bureau of Labor Statistics, an average salary in this field for a senior position ranges from $127,980 to $169,860.

statistician analyzing data and working on her laptop

  • Annual Median Salary (Bureau of Labor Statistics): $92,270
  • Job Growth: 35%

Statistics is one of the most versatile doctorates available today. Statistics are used in a wide range of different sectors, including finance, research, business, health care, government, and many others.

A doctorate in statistics can be ideal for someone who has a background in math or business. According to the Bureau of Labor Statistics, the top salary for someone working in statistics can be as high as $150,840.

computer programmers having a conversation

  • Annual Median Salary (Bureau of Labor Statistics): $91,250
  • Job Growth: 11%

The world of IT is constantly growing, and as it does, the demand for experts grows with it. Getting a doctorate in information technology and computer science can be an incredibly lucrative career move, with the Bureau of Labor Statistics showing top earners taking home as high as $208,00.

The jobs that can be accessed, such as chief technology officers or research roles within the industry, tend to be incredibly well-paid. This doctorate attracts people who have backgrounds in IT-related fields, such as computer science or computer programming.

occupational therapist helping a patient during therapy session

  • Annual Median Salary (Bureau of Labor Statistics): $86,280
  • Job Growth: 16%

For someone who already has experience working in occupational therapy, earning a doctorate in the field can be a huge benefit. Not only can it open the door for them to move up in the industry, but it can also expand their knowledge of the subject area.

It can provide them with theory-based research while also working on their leadership and management skills. According to the Bureau of Labor Statistics, occupational therapists holding a doctorate degree may reach a salary as high as $122,670.

The job growth for this doctorate is also incredibly high, which means it may be an excellent career path to enter in terms of job security.

forensic expert investigating a crime scene

  • Annual Median Salary (Bureau of Labor Statistics): $86,110

The number of career options that are available to someone who has a doctorate in criminal justice is typically vast. Working as a criminologist, a criminal justice researcher, or a federal law agency admin can earn graduates a lot of money.

This course of study is best suited for someone who already has real-world experience working in the criminal justice or law sector.

engineering project manager supervising a construction

  • Annual Median Salary (Bureau of Labor Statistics): $83,160

Engineering jobs are almost always in demand, and while there are a lot of high paying jobs available for those who have an undergraduate or master’s degree, taking a doctorate in the field can really help you advance your career.

An engineering degree is already one of the highest paying associate degrees , highest paying bachelor degrees , as well as one of the highest paying masters degrees , but the doctorate can be perfect for someone who already has experience working in engineering and wants to take that next step in their career.

A director of engineering job title and other project management positions may offer some very high salaries, about $208,000 or more, according to the Bureau of Labor Statistics.

psychologist talking to a young child

  • Annual Median Salary (Bureau of Labor Statistics): $82,180

With the stigma around mental health finally disappearing, the demand for jobs in psychology is on the rise. While a normal degree or masters in psychology may allow you to get jobs as a psychiatrist or a psychologist, higher-paying positions can become available following a doctorate.

It may also open up roles in research and as a university lecturer in the subject. The doctorate is suited to someone who already has their masters in psychology or who has a significant amount of experience working in the field.

philosophy professor teaching in a university

  • Annual Median Salary (Bureau of Labor Statistics): $80,790
  • Job Growth: 9%

Getting a degree in philosophy can potentially lead to a surprisingly lucrative career in research or working as a lecturer. The doctorate is suited for someone who wants to work in research and who has a background in philosophy or religious studies.

According to the Bureau of Labor Statistics, salaries in this field are around $80,790 per year working in a research role, and up to $180,360 for college professors.

geologist examining a rock

  • Annual Median Salary (Bureau of Labor Statistics): $79,300

Organic chemistry, perhaps more than any of the other sciences, can open up a lot of different career options for doctorates. As well as research and academic positions, someone who studies organic chemistry may be able to land a job in a number of different areas, including geology, the pharmaceutical industry, and engineering.

Organic chemistry is a notoriously difficult subject to study, though, so it is vital that you have a solid background in chemistry and some work experience before attempting to join the program. According to the Bureau of Labor Statistics, salaries can go as high as $139,650 in this field.

professional writers checking the manuscript before printing in a publishing house

  • Annual Median Salary (Bureau of Labor Statistics): $69,000
  • Job Growth: 2%

A doctorate in English can open a range of different academic doors for potential students. A PhD in English may be perfect for someone who already has an academic background in the subject and can also be perfect for qualified teachers and writers looking to take the next step in their career.

According to the Bureau of Labor Statistics, a doctorate in English may qualify you for a potential career in a lecturing position with salaries as high as $180,360, as well as positions within the publishing industry.

What Are the Different Types of Doctorate Degrees?

Different Types of Doctorate Degrees

There are six common types of terminal degrees.

  • Doctor of Philosophy (Ph.D.) – Traditionally reserved for those who want to remain in the world of academia, Ph.D. degrees focus on maximizing your ability to impart this advanced knowledge to incoming students. Outside of teaching, Ph.D. candidates also focus on pushing the limits of research and theoretical study within their chosen fields.
  • Doctor of Business Administration (DBA) – The DBA experience is all about turning your terminal research in the areas of finance, marketing, accounting, and other related fields into applicable real-world skills. DBA graduates traditionally work in the corporate sector as executive officers and other ranking members of various managerial teams.
  • Doctor of Psychology (PsyD) – PsyD students aim to provide clinical services within a wide range of settings, including group, familial, medical, scholastic, and even corporate environments. Earning this degree can give you the power to serve as a practicing clinician or specialized counselor.
  • Doctor of Education (EdD) – Capturing an EdD degree is the first step toward a leadership role within the corporate and administrative side of the education field. Working as a principal, district supervisor, or even regional superintendent all fit into the professional path of this degree.
  • Doctor of Social Work (DSW) – If you’re interested in educating others on the best practices and leading theories of modern social work and community interaction, then a DSW program could be your option. Holders of this degree research and educate others in the social work field via hands-on training in the classroom and the office, as well as provide answers and guidance in unique or exceptional social issue cases.
  • Doctor of Public Health (DPH) – Like most of the other degrees in this review, earning a DPH is all about the desire to lead others in a chosen workplace environment. In this case, that means maintaining residency as an administrator or public health coordinator at a hospital or a similar clinical setting.

The type of doctorate degree you will want to earn depends on your career goals and primarily whether you want to teach the subject or continue working in your field.

Campus or Online: Which One Is Right for You?

doctorate student studying on her computer in a college library

It’s no big secret that whichever doctorate route you choose, you will most likely be rewarded for your hard work and research via ample compensation. However, you can make this process a little easier on yourself by focusing on a path – either online or on-campus – that suits your unique needs and daily requirements.

While the appeal of the traditional college experience is the major selling point for the on-campus approach, working on your degree from home is a flexible alternative that can shape and mold itself to your current personal and professional schedule by allowing you to work on your research and coursework at your own pace.

Adding in that these doctorate programs often waive Graduate Record Examination (GRE) minimum scores based on your GPA, as well as reduce or completely remove residency requirements, is further proof that this approach is at least worth your consideration as you plan out your academic future.

Questions Related to Earning a Doctorate

Doctorate degrees

Here are our answers to a few more questions you might have.

How Much Do PhD Graduates Earn?

PhD Graduates make on average close to $100,000, with some job positions paying nearer the $70,000 mark and others going well about $208,000 (Bureau of Labor Statistics).

There may be some who question whether it is worth taking the time to invest in a PhD. Doctorate programs require a lot of time and effort, but studies suggest that PhD students typically earn more and find it easier to attract higher-paying jobs than those with just an undergraduate or a master’s degree.

What Are the Highest Paying Degrees?

Highest Paying PhD Degrees

A lot of degrees can lead to well-paying jobs. The more specialized a degree is in a certain field, the higher the chances are that it will be well paying. These degrees currently tend to be those in the engineering sector, as these are the ones that offer the most in-demand jobs.

What Is the Highest Paying PhD Degrees?

Once again, this one will depend on how specialized your PhD is and how in-demand that expertise is at a given time. Engineering PhDs tend to be evergreen, while there is an increasing demand for those with PhDs and knowledge in computer science and other IT related subjects.

PhDs usually provide those who have them with a lot of the highest paying jobs opportunities.

Are There Any Degrees Higher than a PhD?

higher degrees than PhD

No, there are no higher degrees than a PhD.

A PhD, also regularly referred to as just a doctorate, is as high as you can go academically. It is a specialized research doctorate that demonstrates a high level of expertise in a field. Most people who obtain their PhD tend to stay on at universities as either a member of a research team or as a lecturer.

Do you need a masters to get a PhD ? While many PhD programs require you to earn a masters first, it is possible to earn your PhD without having earned a masters. These are the direct entry bachelor’s to PhD programs offered by some universities.

Getting Your Doctorate Degree

Getting Your Doctorate Degree

It is important that you take the time to do your research into what doctorate will help your career the most. Once you have done this, you can begin to find the right university and program for you and begin the next step in your academic and professional career.

Now that you understand your career prospects and doctorate opportunities, it’s time to lay out the blueprint for a successful future.

Outside of conducting research on each of the areas that interest you, feel free to use the search tool below to find accredited universities that offer online doctoral programs in your chosen field.

When paired up with the rest of what you’ve learned here, there’s nothing that can stop you from finding the right school – and program of study – to fit your personal and professional goals moving forward.

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Top Fully Funded PhD Programs

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Karla Ibarra is a content writer at Scholarships 360. She has worked as an English teacher and writing tutor. As a writing tutor, she has experience editing scholarships and college application essays. Karla graduated from Texas A&M University with a degree in Communication and a minor in English.

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Maria Geiger is Director of Content at Scholarships360. She is a former online educational technology instructor and adjunct writing instructor. In addition to education reform, Maria’s interests include viewpoint diversity, blended/flipped learning, digital communication, and integrating media/web tools into the curriculum to better facilitate student engagement. Maria earned both a B.A. and an M.A. in English Literature from Monmouth University, an M. Ed. in Education from Monmouth University, and a Virtual Online Teaching Certificate (VOLT) from the University of Pennsylvania.

Top Fully Funded PhD Programs

Fully funded PhD programs offer students seeking their doctor of philosophy degrees the ultimate experience. With the average cost of a PhD at nearly $100,000 , students are able to focus on their studies without worrying about paying for their degrees or living expenses. Keep reading to learn about some of the top fully funded PhD programs in a variety of majors.

What is a “Doctorate of Philosophy” degree?

A “doctorate of philosophy” degree, better known as a PhD, is among the highest level degrees in the United States. A PhD is awarded after the successful completion of an extensive research and writing project known as a dissertation. Students can earn a PhD in a variety of fields, with most majoring in the humanities or social sciences. 

Further reading: What is a PhD?

How we chose the fully funded PhD programs on our list

We looked for programs that have stellar reputations in their respective majors. It makes sense that the most reputable programs offer the resources that are most important to  PhD students. Working with distinguished professors in their field and having access to outstanding libraries, PhD students will be immersed in the ideal learning environment. 

Opportunities to learn under and network with the most well regarded academics is invaluable for students’ future careers. Finally, we looked for fully funded programs that include not only full tuition coverage, but also living stipends and health insurance. A few of the programs might require students to “give back” in the way of graduate assistantships , so keep that in mind as you read the fine print on each website. 

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The top fully funded phd programs.

The following list is in alphabetical order with no preference for one particular program. We included a variety of majors in different regions, but remember, this is just the start of an exhaustive listing of fully funded PhD programs across the USA and the world!

Boston College’s PhD in English

The PhD in English Program at Boston College prepares students for careers in academia or other English related fields. With a focus on critical thinking, writing, and research, the program explores  literature through abstract, cultural, and historical contexts. Students are able to focus on various literature periods, creative writing, and literary theory.. Working closely with renowned faculty, the program offers abundant resources and support services including fellowships and publishing opportunities. 

  • Location: Chestnut Hill, Massachusetts
  • Focus of study : Creative writing, critical theory, and literary and cultural studies
  • What is included : Full tuition remission, health insurance, and a living stipend

Brown University PhD in Computer Science

Brown University offers a PhD program in Computer Science for students interested in a strong foundation in computer science theory and applications and opportunities to conduct research in collaboration with faculty and peers. Brown’s computer science department has research strengths in artificial intelligence, data science, cybersecurity, computer graphics, and theory. The program is designed to provide students with the skills and knowledge needed to conduct independent research in computer science and to prepare them for academic or industrial careers.

  • Location: Providence, Rhode Island
  • Focus of study : Algorithms, artificial intelligence, computer systems, databases, and more
  • What is included : Full tuition, health insurance, and living stipend

Cornell University PhD in Chemical Engineering 

Cornell University offers a PhD program in Chemical Engineering to provide students with a broad foundation in chemical engineering principles and their application to solving real-world problems. The program aims to train students in core courses in chemical engineering, including transport phenomena, thermodynamics, and reaction engineering, while providing them with opportunities to conduct original research. Students in the program have access to state-of-the-art research facilities, funding opportunities, and a supportive community of faculty and fellow students.

  • Location: Ithaca, New York
  • Focus of study : Chemical engineering principles and research topics including biotechnology, energy, materials science, and process systems engineering
  • What is included: Full tuition waiver, stipend, and health insurance

Duke University PhD in Literature

Duke University’s PhD program in literature prepares students for careers in academic research and teaching. The program offers a variety of courses in literary theory, criticism, and methodology, as well as opportunities to specialize in specific genres, periods, and cultures. The program also encourages interdisciplinary work, with opportunities to collaborate with scholars in other fields across the university. Graduates of the program have gone on to careers in academia, publishing, journalism, and other areas.

  • Location: Durham, North Carolina
  • Focus of study : Literary theory, research methods, and a range of cultural and literary texts
  • What is included : Five years of living stipend, tuition, and fees support as well as six years of health and dental insurance

Harvard University PhD Program in Biological Sciences in Public Health

The PhD program in Biological Sciences in Public Health at Harvard University is designed for students who want to pursue research in the field of public health with a focus on biological sciences. The program focuses on the intersection of biology and public health, specifically emphasizing understanding the biological mechanisms underlying disease and developing strategies to prevent and treat illness. PhD students receive a rigorous education in both biological and public health sciences, preparing them to become leaders in advancing our understanding of human health and disease.

  • Location: Boston, Massachusetts
  • Focus of study : Cancer biology, environmental health, genetics, global health and infectious diseases.
  • What is included : Competitive funding packages, including tuition waivers, stipends, and health insurance

Johns Hopkins University PhD in Nursing

The PhD in Nursing program at Johns Hopkins University is designed to prepare nurse scientists who will conduct research to advance nursing science and improve the health and well-being of individuals, families, and communities. The program is designed to be interdisciplinary, integrating knowledge from nursing, social and behavioral sciences, and biostatistics. PhD students may work as nursing faculty members, researchers, or policymakers, contributing to advancing nursing practice and developing nursing knowledge.

  • Location: Baltimore, Maryland
  • Focus of study : Aging and dementia care, cardiovascular and chronic care, community and public health, health systems and outcomes, and more
  • What is included: Full tuition with a stipend for the first three years of study

New York University PhD in Education

New York University offers a PhD in Education through its Steinhardt School of Culture, Education, and Human Development. The program provides a solid foundation in education theory and research methods, including coursework, research apprenticeships, and independent research. Upon graduation, students are well-prepared to pursue careers in academia, research, policy, and leadership in educational organizations. They are also equipped with the skills and knowledge to contribute to developing and implementing policies and practices in education.

  • Location: New York, New York
  • Focus of study : Learning sciences, educational policy, educational technology, and curriculum development. 
  • What is included: Annual stipend, tuition coverage for required course work, and health insurance through the fifth year

Princeton University PhD in Mathematics

Princeton University offers a PhD program in mathematics that is designed to prepare students for careers in academia, industry, or government. The program aims to provide a rigorous and comprehensive mathematics education, emphasizing both the theoretical foundations and applications of the discipline. Students take advanced courses in various mathematical fields, such as algebra, geometry, analysis, topology, and applied mathematics. Princeton’s program in mathematics is widely regarded as one of the world’s most prestigious and rigorous programs.

  • Location: Princeton, New Jersey 
  • Focus of study : Algebraic geometry, mathematical physics, number theory, and topology
  • What is included: Full tuition and student health plan coverage

Rice University PhD in Business

Rice University offers a PhD in Business through its Jones Graduate School of Business, designed to prepare students for academic careers and research-oriented positions in industry and government. Students in the program take courses in microeconomics, econometrics, statistics, research methods, and business ethics. In addition to coursework and research, students in the program are encouraged to work as teaching or research assistants. Rice University’s PhD program provides students with a strong foundation in business theory and research methods, with opportunities to work with world-class faculty on cutting-edge research projects.

  • Location: Houston, Texas
  • Focus of study : Accounting, finance, management, marketing, and strategic management
  • What is included : Waived tuition fees, a stipend to cover living expenses, health insurance, and may be eligible for research and travel funding to support their research projects

University of Chicago PhD in History  

The PhD program in History at the University of Chicago is a demanding but rewarding experience that prepares students for a career in academia as scholars or teaching in the field of history. The program focuses on developing students’ knowledge of cultural, intellectual, economic, political, and social history under the guidance of highly qualified faculty advisors. PhD students also have the opportunity to present their research at conferences and publish articles in academic journals.

  • Location: Chicago, Illinois
  • Focus of study : Ancient, contemporary, early modern, medieval, or modern history 
  • What is included: Tuition, student health insurance, and a stipend for living expenses and research support

University of Michigan PhD in Engineering 

The PhD in Engineering at the University of Michigan is a top-rated program that prepares students for research and academic careers in various engineering disciplines, including biomedical engineering, chemical engineering, civil and environmental engineering, electrical engineering, and many more. PhD students are equipped with the skills and knowledge necessary to conduct independent research, develop new technologies, and advance the engineering field. The University of Michigan has a strong reputation for research and innovation, and the PhD program in Engineering provides students with ample opportunities to collaborate with faculty and industry partners.

  • Location: Ann Arbor, Michigan 
  • Focus of study : Materials science, mechanical engineering, electrical engineering, and computer science.
  • What is included: Tuition waiver, monthly living stipend, and health insurance 

University of North Carolina PhD in Media and Communication  

The PhD program in Media and Communication at the University of North Carolina provides students with advanced knowledge and skills in media and communication theories, research methods, and critical analysis. Students can tailor their studies to their research interests by choosing from a variety of electives and seminars offered by the department. Graduates of the program have gone on to work in academia, media organizations, research institutions, and other industries where communication skills and media literacy are highly valued.

  • Location: Chapel Hill, North Carolina 
  • Focus of study : Media and politics, journalism studies, digital media, global media, media effects, and cultural studies
  • What is included: Tuition and fees for three years, health insurance, a $20,000+ annual stipend, and support for research and travel

Frequently asked questions about fully funded PhDs

What does 'fully funded phd' mean, can international students apply for fully funded phds, how long does a fully funded phd program take, do i need to have a master's degree to apply for a phd, what is the difference between a phd and a professional doctorate.

Keep reading: PhD vs. Doctorate: Everything You Need to Know

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  • PhD Degree Funding

Harvard guarantees full financial support to PhD students—including tuition, health fees, and basic living expenses—for a minimum of five years.

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Harvard's financial support package is typically for the first four years of study and the completion year, using a tiered  tuition structure that reduces tuition over time as students progress through their degree programs. This multiyear funding package includes a combination of tuition grants, stipends, traineeships, teaching fellowships, research assistantships, and other academic appointments. In addition, Harvard Griffin GSAS students are particularly successful in securing grants,  fellowships , and other sources of external funding as part of their professional development.

The standard funding package includes:

  • grant toward tuition and fees—paid in full for years 1 through 4, plus the dissertation completion year, with a partially subsidized dental plan option available
  • living expense stipend during years 1 and 2
  • a combination of stipend, teaching fellowships, and/or research assistantships during years 3 and 4
  • if noted in your Notice of Financial Support, summer research funding following the first four academic years from Harvard Griffin GSAS or faculty grants
  • stipend and/or research support during the completion year.

In some programs, the timing and structure of living expense support may vary from this pattern. For example, students in the sciences typically receive full funding until they complete their degrees.

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PAYING FOR YOUR PHD Expert Tips, Scholarships Opportunities and Resources for Financing an Advanced Degree

The average yearly tuition for a PhD program is slightly above $16,000, which means students will invest about $80,000 in tuition fees alone for a five-year program. Add in fees, cost-of-living, travel expenses and the figure can easily surpass six figures. Yet, it is possible to fund a PhD program without breaking the bank and going into debt.

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PHD COST BREAKDOWN

The value of a college education should not be understated, but neither should its actual cost. Earning a doctoral degree can be an expensive proposition. According to the latest data from the National Center for Education Statistics, the average tuition and fees for a graduate program of study was $16,435 in 2012-2013. The table below outlines the 2012-2013 graduate tuition and fees by academic institution.

  • All Institutions $16,435
  • Public $10,408
  • Private Non-Profit $23,698
  • Private For-Profit $14,418

Source: National Center for Education Statistics

A rough calculation of the number of years it takes to complete a doctoral program, multiplied by the average 2012-2013 tuition and fees from the NCES, reveals the following total cost figures by academic field of study.

A five- to six-figure education is something to take seriously as there are debt implications after leaving finishing a PhD program. Graduating doctoral students in 2013 left school with an average debt of just over $15,000, according to the National Science Foundation. By field, students in the Social Sciences, Education and Humanities graduate with the highest levels of student debt:

  • Education: $26,566
  • Social Sciences: $26,222
  • Humanities: $21,485

Conversely, the science and technology fields graduate students with the lowest debt figures:

  • Physical Sciences: $6,342
  • Engineering: $7,031
  • Life Sciences: $11,905
  • Physical Sciences 78.2%
  • Engineering 75.1%
  • Life Sciences 67.2%
  • Humanities 48.4%
  • Social Sciences 46.5%
  • Education 44.1%

Source: National Science Foundation, Survey of Earned Doctorates, 2013

While these figures may seem alarming, a deeper dive into survey data from the National Science Foundation actually paints a more positive picture. Overall, more than 62 percent of all doctoral recipients graduate from school without a single dollar of debt.

Prospective students can use the table below to get a better sense of the percentage of students who take on debt at incremental levels in each field of academic study. A majority of students graduate with $10,000 or less in debt after finishing their doctoral degree.

PhD Cost Factors

The total cost of earning a doctoral degree is variable because of the sheer number of different factors involved. Tuition is not the only cost to consider when thinking about applying to a PhD program.

Typically, students pay full tuition rates during their first three years of doctoral study and receive reduced tuition rates for the remainder of the program. However, the actual cost of tuition does vary and may be dependent on the student’s actual degree program.

Graduate students pay a range of fees, with the most common including:

  • Health Services (access to health facilities on campus)
  • Health Insurance (personal health insurance)
  • Student Activity (subsidizes athletics and other clubs)
  • Student Recreation (access to recreational facilities on campus)

Some programs estimate students should be prepared to pay between $3,000 and $4,500 per academic year in student fees and health insurance costs.

Students with a master’s degree or coursework in a similar graduate program may be able to transfer credits into their doctoral program. That can lower the total number of credits required to graduate, which can lower the total cost of the degree. However, some institutions do limit the amount of tuition credits that can be applied for graduate work done in a related field at other institutions.

Whether or not the student has an assistantship does not affect the cost of textbooks and other academic materials. Books are a revolving charge, one a student should plan upon each semester or quarter.

Housing, utilities and food are considered indirect expenses students incur during their education. PhD students should plan on anywhere from $12,000 to $25,000 and up for living expenses each year. Again, this figure is highly variable based on the location of the university and the cost-of-living in that area.

Owning a car means additional budgeting for insurance, car payments and gas. Additionally, students may need to travel for conferences and research. Without funding from a graduate student association or grant program, the student will have to cover these costs individually.

PhD students with children may have to account for childcare costs. Purchasing a new computer and other supplies may also be required. This type of budgeting will vary from individual to individual, program to program.

Most PhD programs allow students to progress at their own pace, requiring them to complete and defend their dissertation within a certain time period (e.g. six years). However, the time it takes to complete a dissertation depends on the student, area of study, research, etc. This can impact cost of attending a doctoral program.

Example Cost of Attendance

A student’s budget should include the total cost of attendance—that is both direct (tuition and fees) and indirect costs (e.g. housing). This budget is the starting point for determining the student’s financial need, how much financial aid they require, and if they can afford to attend a doctoral program. Below is a sample five-year total cost of attendance chart based on an in-state tuition program, with a budget that assumes fixed costs for fees and indirect costs, such as housing. It also does not take into account assistantships and tuition waivers for assistants.

Based on a figure that’s slightly below the 2012-2013 average graduate tuition cost, the total cost of attendance can still produce sticker shock. An average student in a program that charges $12,000 per year in tuition could have to pay between $30,000 and $45,000 year in total costs.

PhD FINANCIAL AID OPTIONS

Prospective PhD candidates have an abundance of financial aid options to help fund their graduate studies. Typically, students are fully funded by a combination of sources, including scholarships, fellowships, research assistantships, teaching assistantships, or student loans.

It is important for students to note that most sources of aid are awarded by individual academic programs, so they should follow-up with their department for up-to-date information.

Below is a high-level overview of the common types of graduate financial aid.

Prospective PhD candidates can turn to a variety of funding sources, including scholarships, grants, and fellowships to support their education financially. As discussed, most students use a combination of one or more of these funding sources to finance their degree program and research.

PhD students can apply for a variety of scholarships that award students with funds that can be used to help cover the cost of tuition, books and other fees.

Grants are similar to scholarships and are academic-based awards that can be used to augment other sources of financial aid.

Fellowships are a different type of funding that may encompass a scholarship or grant and can be used to fund research, study and teaching in the US and internationally. Many fellowships provide full tuition and a yearly stipend to students.

A PhD should never be an end in itself but rather a means to an end. The path to a PhD is an arduous one and should never be undertaken without serious thought to what it will bring the student. That said, there is money available for graduate study in most fields, and a student in the humanities should be very careful to apply to appropriate programs which fund their grad students.

  • Engineering
  • Physical Sciences

The SMART program is designed to support graduate students studying in STEM disciplines and offers a range of other benefits, including supplies and health insurance allowances and employment placement services with the DoD after graduation.

The National Defense Science and Engineering Graduate Fellowship is a three-year graduate fellowship that is designed to support doctoral students across fifteen engineering disciplines.

This three-year fellowship program supports the research efforts of doctoral students in STEM-related fields of study and allows them to pursue their work at any accredited graduate program in the country.

Renewable award for graduate students enrolled in a full-time APA-accredited doctoral program of study in psychology. Underrepresented, minority students are encouraged to apply.

This fellowship is open to female scholars and is designed to help offset the doctoral student’s living expenses during her final year of working on a dissertation.

This fellowship is a single-year of funding that is designed to support the doctoral research of a student working in child psychology.

The Javits Fellowship is provided on a needs- and competitive-basis to graduate students pursing graduate degrees in the humanities, social sciences, and the arts.

Two fellowships are awarded to support doctoral students who plan to study at the American School of Classical Studies in Athens, Greece for a year.

The Richard M. Weaver Scholarship is open to graduate student members of the Intercollegiate Studies Institute and supports the academic work of scholars pursuing teaching careers at the college level.

The AICPA fellowship is designed for minority students pursuing or planning to pursue a doctorate in accounting.

Five scholarships are available to provide financial assistance to graduate students pursuing studies in accounting and plan on earning CPA licensure.

This fellowship provides financial support to female scholars conducting research and economic analysis into natural resource, food, or agricultural issues.

This renewable, four-year fellowship is designed to support a scholar’s work in the field of stewardship science: nuclear science, high density physics, and materials under extreme conditions and hydrodynamics.

This multi-year fellowship supports doctoral research in several fields, ranging from chemistry to geology, materials science to physics and connects fellows with NPSC employer partners.

The NWRI fellowship program is open to full-time doctoral students conducting water-based research in areas such as water quality, water treatment and technologies, water supplies and water resources.

Really think about your reasons for getting a PhD. Critically exam the support systems you have in place to get you through the journey: 50 percent of doctoral students suffer from depression. Utilize services like the counseling center on your college/university campuses to help you respond to the stressors that may occur with the transition.

ASSISTANTSHIPS, FELLOWSHIPS AND LOANS

Graduate assistantships.

Graduate assistantships are a form of academic appointment and are provided by individual departments. Competitive in nature, they are typically awarded on the basis of the student’s academic accomplishments and potential in the graduate program of study. Most programs provide appointments for one year at time and students receive a tuition credit or waiver and monthly stipend. There are three types of assistantships: Teaching Assistantships, Assistant Lecturers, and Research Assistants.

Teaching assistants perform a range of support duties for faculty members at a university, including grading papers and teaching classes.

Lecturers may serve as instructors in the academic department where they are studying.

Research assistants conduct and assist faculty members with research projects in the student’s area of interest.

Fellowships

Fellowships are short-term funding opportunities (typically 9- to 12 months) provided to students in the form of tuition credits and/or stipends. They support a student’s graduate study in their field of choice, may assist them in their research, or gain professional training in an area of interest. Fellowships are competitive and are available in two types: University-based and External.

Individual schools, colleges, and departments at a university (e.g. College of Science, Department of English) may have endowed fellowships. Students are either nominated for an award by their department or may be open to an application process.

External fellowships are funded by foundations, government agencies and other groups and provide opportunities to study both in the US and abroad. For example, the Department of Defense offers the National Defense Science & Engineering Graduate Fellowship to engineering students studying in one of sixteen engineering specialties.

Corporations

Many companies and businesses have created scholarship, fellowship, and tuition reimbursement programs for their employees. Depending on the company, there may be a possibility it supports the graduate school efforts of its employees. Speak to the Human Resources department to learn more about the potential funding avenues available.

Graduate students may borrow funds from the federal government under two loan programs: William D. Ford Federal Direct Loan Program and the Federal Perkins Loan Program.

Private financial institutions, including banks and credit unions, offer unsecured educational loans to graduate students. These loans must be repaid with interest. The interest rates, loan amount, and repayment terms are based on the credit worthiness of the borrower.

Federal work study provides students with demonstrated financial need part-time job opportunities that allow them to earn income while they are in graduate school. The program focuses on placing students in community service situations related to the student’s academic course of study. A majority of jobs are on-campus, but some schools may have some off-campus jobs with nonprofit agencies and other groups. It is important to note that some universities may not allow students to use their federal work study for tuition, but other related expenses (e.g. books, fees).

EXPERT SPOTLIGHT: Lawrence Burns, PhD

What should a future phd student consider when selecting a program of   study .

Speaking in the humanities, a student is best advised, I think, to select the faculty member with whom he or she wishes to study rather than simply a program. This faculty member becomes the student’s mentor, a relationship that lasts well beyond graduate school years. Because the mentor becomes the student’s primary reference, his or her standing in the field can and does have an impact on pre- and post-doctoral grants a student might win as well as on the student’s success on the academic job market.

It is a delicate balance though, because one must also look at programs that have standing in a particular field and at institutions that can afford to fund their PhD students throughout their graduate years.

Much is made about the saturation of PhD graduates and not enough   positions — both in academic and the private sector. Should that dissuade   a student from pursuing a PhD?

Yes, of course. Again, a PhD is not something that comes easily, and it should not be pursued without a reason for it. On the other hand, for students who are committed to their fields, and for whom that field is a career choice, the PhD is still the only way into the university job market. 

There is a catch-22 in the world of post-graduate education. Research universities need to turn out research, and researchers often depend on their grad students to assist them–in all fields–and departments on their PhD candidates to teach many undergraduate courses. PhD students are thus recruited regardless of the job market for the PhD holders.

The challenges in funding the PhD for me were less about how am I going to pay for this degree, but making the adjustment from being a full-time salaried employee to now, taking a significant pay cut to serve as a graduate assistant.

EARNING OUTLOOK FOR PHD STUDENTS

Potential career earnings should be a significant part of the discussion when considering whether or not to pursue a doctoral degree. Completing an advanced program of study could increase an individual’s earning potential with their current or future employers.

Research from the Bureau of Labor Statistics reveals a direct correlation between educational attainment and career success—both in employment opportunities and annual salaries. Doctoral degree holders are some of the highest paid professionals in the country. The table below outlines the difference in earnings by degree level in 2014.

source: Bureau of Labor Statistics, Earnings and Unemployment by Educational Attainment

  • Industry or Business $97,700
  • Government $82,000
  • Nonprofit Organizations $72,500
  • Other $70,000
  • Academia $60,000

Source: National Science Foundation, Survey of Earned Doctorates

In turn, prospective students should consider how their sacrifice of time and money will pay off when they embark in their careers. Some professional fields have a higher return on investment than others. A majority of PhD candidates endeavor to become tenured-track faculty members, but they should realize that academia is one of the lowest paying sectors for individuals with a doctoral degree.

A review of National Science Foundation survey information shows that the best paying professional areas for PhD graduates include Industry and Business—with an average salary of $97,700. At the bottom of the list? Academia.

MOST LUCRATIVE PHD CAREERS

So, which PhD degrees pay the best?

According to the NSF, business, economics, and engineering are consistently among the best earning academic fields regardless of industry. The following tables outline the highest paying academic fields by professional area of work after graduation.

  • Business Management and Administration $110,000
  • Economics $82,000
  • Engineering $79,000
  • Health Sciences $70,000
  • Education $60,000
  • Business Management and Administration $135,000
  • Economics $115,000
  • Mathematics and Computer Information Sciences $115,000
  • Geosciences $110,000
  • Engineering $98,000
  • Economics $112,500
  • Business Management and Administration $96,590
  • Engineering $96,500
  • Mathematics and Computer Information Sciences $95,300
  • Health Sciences $94,000
  • Business Management and Administration $105,000
  • Economics $100,000
  • Mathematics and Computer Information Sciences $100,000
  • Health Sciences $98,000

At the occupational level, 2012 employment research from the Bureau of Labor Statistics revealed the best paying doctoral career was Physicist ($109,600), followed by Astronomers ($105,410), and Engineering Professors ($94,130).

Overall, the top 10 most lucrative PhD careers include the following:

  • 1 Physicists $109,600
  • 2 Astronomers $105,410
  • 3 Engineering Professors $94,130
  • 4 Economics Professors $90,870
  • 5 Health Specialties Professors: $90,210
  • 6 Agricultural Sciences Professors $86,260
  • 7 Biochemists and Biophysicists $84,940
  • 8 Forestry and Conservation Science Professors $84,090
  • 9 Physics Professors $80,720
  • 10 Medical Scientists $79,930

EXPERT SPOTLIGHT: Darren Pierre, PhD

How has earning a phd impacted you personally and professionally.

Personally, the PhD was an incredibly introspective process. I believe for many, they go into the PhD thinking one thing, and come out transformed by the experience. I learned and grew personally in how I harness my self-worth, I grew professionally in my ability to humble myself and authentically listen to the feedback given about my work.

Professionally, I move with a greater level of confidence, I have more insight into my own potential in ways I could have never imagined, and all of that propelled me to write my book, The Invitation to Love.

Through your own experience, what are the biggest mistakes   prospective PhD students make when choosing and/or funding their PhD?

The biggest mistake that perspective students make is doing the degree for the wrong reason. If you are doing the degree for any other reason that self-motivated factors, you will falter. Doing the PhD to cover areas of insecurity, or low self-worth; doing the PhD for the prestige or title sake, those reasons will have you floundering and faltering when the psychological stressors being to weigh heavy.

Did you create a roadmap--financially or academically--to stay on track to   completing your PhD?

Absolutely, you have to have a plan and work that plan. Each Sunday, I would develop the week's action plan, I would carve out everything from when I was doing assignments/research to when I would work out, everything was on a schedule so that even when the fog of the process set in, I had headlights (my schedule) that allowed me to drive consistently when the road ahead was hard to see.

PHD: BY THE NUMBERS

Doctoral education in the U.S. is a varied and broad system, one that has been growing in popularity. In the 2013-2014 academic year, more than 178,000 doctoral degrees were conferred to students nationally, according to data from the National Center for Education Statistics.

  • Doctoral Education Continues to Grow
  • Engineering and Physical Sciences Dominate
  • STEM Fields are the Most Popular
  • Only Half of Students Earn a PhD in the Same Academic Field as their Master’s Degree
  • Doctoral Degrees are an Investment in Time
  • Primary Source of Funding Varies by Program

In its survey of earned doctorates, the National Science Foundation learned the number of doctoral recipients increased by nearly 30 percent between 2003 and 2013.

The most popular academic areas of study were Engineering and the Physical Sciences.

  • Engineering 69.80%
  • Physical Sciences 59.30%
  • Health Sciences 53.60%
  • Life Sciences 44.60%
  • Other 38.90%
  • Social Sciences 19.90%
  • Humanities 9.10%
  • Education -25.70%

Within the engineering and physical sciences disciplines, multiple sub-fields have been experiencing explosive interest and enrollments, with some programs (e.g. physics, materials science engineering) growing by more than 70 percent between 2003 and 2013.

  • Other engineering 127.5%
  • Materials science engineering 86.5%
  • Aerospace, aeronautical, and astronautical engineering 74.5%
  • Mechanical engineering 70.5%
  • Electrical, electronics, and communication engineering 53.6%
  • Chemical engineering 46.0%
  • Computer and information sciences 119.1%
  • Mathematics 83.0%
  • Physics and astronomy 76.7%
  • Geosciences 28.8%
  • Chemistry 22.0%

According to NSF, the science, technology, engineering and mathematics fields are the most popular doctoral areas of study.

  • Life Sciences 23.3%
  • Physical Sciences 17.6%
  • Engineering 17.0%
  • Social Sciences 15.9%
  • Humanities 10.7%
  • Education 9.4%

Interestingly, slightly more than 56 percent of graduate students continue into a doctoral program in the same field as their master’s degree. Rates are highest in the humanities, engineering, and social sciences fields.

  • Humanities 67.6%
  • Engineering 65.7%
  • Social Sciences 65.6%
  • Education 61.5%
  • All Fields 56.1%
  • Physical Sciences 53.4%
  • Life Sciences 35.5%

It requires approximately 7.5 years of study for the average graduate student to complete a doctoral degree after enrolling in graduate school. Education takes the longest — more than 11 years, while the physical sciences and engineering fields only require 6.5 to 6.6 years of study to complete.

  • Education 11.7
  • Humanities 9.2
  • Social Sciences 7.7
  • All Fields 7.5
  • Life Sciences 6.9
  • Engineering 6.6
  • Physical Sciences 6.5

According to the NSF, the most common source of funding for doctoral students are teaching and research assistantships. The table below details the primary source of funding for students by academic area of study.

  • Life Sciences Fellowships/ Grants
  • Physical Sciences Research Assistantships
  • Social Sciences Teaching Assistantships
  • Engineering Research Assistantships
  • Education Own Resources
  • Humanities Teaching Assistantships
  • All Fields Research Assistantships

The following table includes a breakout of the primary funding source by major field of study, according the National Science Foundation.

Source: http://www.nsf.gov/statistics/sed/2013/data-tables.cfm

ADDITIONAL FINANCIAL AID RESOURCES

The ultimate financial goal of any PhD student should be to complete their program successfully and move into a professional career with as little debt as possible. The resources below are available to help students locate scholarships and other funding sources that can help make that goal a reality.

Unigo offers a selection of financial assistance resources for graduate students, including a scholarship directory, a scholarship match tool, educational information on student loans and funding options, and more.

Scholarships.com is a website that provides a selection of financial aid information, including a searchable scholarship directory, insights into funding trends, financial aid calculators, and information about grants and fellowships.

Peterson’s is an educational resource site that includes a searchable scholarship database, articles and advice columns, and a catalog of graduate school profiles.

FinAid.org is an educational resource site that focuses on financial aid and offers information about student loans, federal financial aid, financing a doctoral education, and includes a scholarship search option.

An office of the U.S. Department of Education, Federal Student Aid is the country’s largest provider of financial aid. Graduate students can learn about and pally for loans, grants, and work-study funds to pay for their doctoral education.

FastWeb is a financial aid-focused website that offers a searchable scholarship directory that allows students to focus their search to their major area of study, work experience, and personal and professional activities.

Chegg is an online educational portal that not only offers used textbooks, but a scholarship database as well.

PhD Student Funding Overview

Humanities Quadrangle Courtyard

At Yale, you can earn your doctorate at our expense. 

Our funding packages for Yale PhD students are among the most generous in the world. Every PhD student receives a fellowship for the full cost of tuition, a stipend for living expenses, and paid health coverage, though the details of your funding package will differ depending on your academic program. On average, doctoral students receive more than $500,000 in tuition fellowships, stipends, and health premium benefits over the course of their enrollment. Full PhD funding normally extends for a minimum of five years, unless your doctoral program is of shorter duration, e.g., Investigative Medicine, Law, Nursing, and Public Health. 

The main categories of funding available to PhD students are detailed below. Our Programs & Policies handbook contains additional information about funding and fellowship opportunities available at the Graduate School, along with applicable policies. 

If you have questions about your funding, you can ask your program registrar or DGS, Graduate Financial Aid, or Associate Dean Robert Harper-Mangels.

Types of Funding for PhD Students

University Fellowships (UFs) are provided through the Graduate School and do not require teaching in Yale's Teaching Fellow Program. UFs are often used during the initial year(s) of your doctoral program to cover your stipend and tuition, when you are engaged in coursework and identifying an adviser.

For official policies governing University Fellowships, including information on deferring a UF, please see our Programs & Policies Bulletin .

In subsequent years and in most programs, your stipend will be funded by a teaching fellowship or a research assistantship.

Teaching Fellowships (TFs) are contingent on teaching Yale's Teaching Fellow Program (TFP). While you are on a TF, a portion of your stipend is compensation for teaching. The rest of your stipend will come from other sources, depending on your department or program. See the Teaching Fellow Funding page for more information.

The teaching portion of your stipend is subject to federal tax withholding, so you will notice a difference in your paycheck in teaching versus non-teaching semesters.

In lieu of teaching in the Teaching Fellow Program, PhD students in the humanities and social sciences may choose to undertake one of the available Professional Development Opportunities . These positions allow you to gain professional experience at a library, museum, or other office on campus relevant to your studies. 

If you are in the natural sciences, your funding will likely come from training grants and faculty research grants at some point during your enrollment. In most programs, you may only join a research group that has active grant funding. Please consult with your DGS, if you have questions about this aspect of your funding package.

We strongly encourage you to compete for external fellowships. Winning an external award in a national competition, whether sponsored by a public or private agency, is a significant honor. External fellowships may be subject to our Combined Award policy. Please be sure to review our External Fellowships & Awards page to understand how external awards interact with university funding.

An external fellowship may also offer you added flexibility in your program. 

  • If you are a student in the natural sciences, an external fellowship may allow you to pursue a project or idea that is otherwise not eligible for financial support through your adviser’s research funding. 
  • If you are a student in the humanities or social sciences, an external fellowship might allow you to defer a University Fellowship (UF) to a subsequent term or year. 

You can search for external fellowships through the Yale Student Grants Database , other university search engines (e.g., UCLA ), and commercial sites .

You must notify the Graduate School of any external awards you receive. 

  • Send a copy of your award letter to the Financial Aid Office at [email protected] .
  • If your award is subject to the Combined Award policy, then you will receive a combined award letter via email when your award has been processed, outlining your updated funding package. 

For any questions and concerns regarding your combined award letter, please contact the Graduate School Financial Aid Office via email at [email protected]. Associate Dean Robert Harper-Mangels can also advise regarding our Combined Award policy.

Additional GSAS Financial Support

Phd stipends.

An overview of information relevant to the PhD stipend.

Health Award

The Graduate School provides Yale Health Basic Coverage at no cost to all students (Master's and PhD) who are enrolled at least half-time in degree-seeking programs. In addition, all PhD students registered at least half-time receive a Health Fellowship Award that covers the cost of Yale Health Hospitalization/Specialty Care Coverage.

Featured Resource

Family Support Subsidy for Parenting PhD Students

PhD students who are registered full-time in any year of study are eligible for the family support subsidy to assist with child-related expenses.

Dean's Emergency Fund

The Dean’s Emergency Fund enables terminal master’s and PhD students in the Graduate School of Arts and Sciences to continue making academic progress despite unanticipated, extreme financial hardships that cannot be resolved through fellowships, loans, or personal resources. The maximum award for eligible requests is $2,000.

Conference Travel Fellowship (CTF)

https://gsa.yale.edu/ctf

By partnering with the MacMillan Center and the Graduate School of Arts and Sciences, graduate students with representatives in the Graduate Student Assembly are eligible for annual conference travel funding of up to $800.

PhD Student Travel Health Fellowship

If you are a PhD student traveling for dissertation research, the Graduate School provides a Travel Health Fellowship to cover the cost of required immunizations and prescription drugs at Yale Health.

Graduate Financial Aid Office

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Ph.D.s That Pay: The 15 Highest Paying Doctoral Degrees

Phd program rankings.

  • Fully Funded PhDs in Education
  • Doctor of Nursing Education
  • Ph.D.: No Application Fees
  • No-GRE Online Ph.D. in Psychology
  • No-GRE Online Ph.D. Programs
  • Fast Online Doctoral (Ph.D. and Ed.D.)
  • The Most Affordable Online DBA
  • Doctorate in Public Policy/Administration
  • Doctor of ABA
  • Transitional Doctor of Physical Therapy (DPT)
  • Doctorate in Marketing
  • ALL Ph.D. Degree Program Rankings

Career Guides

  • Acupuncture and Oriental Medicine
  • Aerospace Engineering
  • Behavioral Health (D.B.H.)
  • Chemical Engineering (PhD CE)
  • Chemistry (D.Chem.)
  • Clinical Nutrition (D.C.N.)
  • Speech-Language Pathology (CScD)
  • Criminology (D.Crim.)
  • Economics (DEc)
  • Health Science (D.H.S./D.H.Sci)
  • Library Science (D.L.S.)
  • Molecular Biology (Phd Mol Biol)
  • Occupational Safety and Health (D.O.S.H.)
  • Physics (Ph.D. Physics)
  • ALL PhD Career Guides

Valuable Resources

  • Best Laptops for Ph.D. Students
  • Gift Ideas for Ph.D. Students
  • Burnout & Chronic Stress
  • The Key to Free Grad School
  • Ph.D. Guide for International and Domestic Students
  • Habits Of Highly Effective Leaders
  • Online Doctorate Reputation
  • Journals for Ph.D. Students
  • Earning a PhD
  • Write a Perfect Essay Like a PhD
  • Master’s Degree As a Bridge To Ph.D.
  • Self-Funding Your PhD
  • Importance of Accreditation
  • Online Ph.D. Support Groups
  • Getting Accepted to an Online Ph.D.
  • Common Fears of Ph.D. Students
  • Habits of Successful People
  • US Doctoral Degrees
  • ALL VALUABLE RESOURCES

Frequently Asked Questions

  • Why earn a Doctorate Degree?
  • What are the Ph.D. Admission Requirements?
  • How Much Does a Ph.D. Cost?
  • How many years will it take for me to achieve my doctorate degree online?
  • Do online doctorate degree programs require campus visits?
  • Ph.D. vs. Doctorate
  • ALL FREQUENTLY ASKED QUESTIONS
  • Highest-Paying Doctoral Degrees
  • Famous Ph.D. Theses In History
  • Struggles Only a Ph.D. Student Would Understand
  • Ph.D. Requiring Residencies
  • The World’s Richest Doctors
  • Academic Conferences
  • Most Popular PhD Degrees
  • ALL Ph.D. Highlights

What are the highest paying doctoral degrees ? Despite stories of candidates being “overqualified” for job openings, or potential employers passing over applicants with “useless” degrees, Ph.D. holders have the lowest average unemployment rate of any level of educational attainment.

Generally speaking, gaining more years of higher education is almost always good for your earnings potential!

Short of professional degrees (which include Doctors of Medicine and Juris Doctors, or lawyers), Ph.D.’s also earn the most over their lifetime when compared to other degree types. Take a look at the highest-paying doctoral degrees!

Additional Resources: America’s Most Popular PhD Degrees

The Highest Paying Doctoral Degrees

highest paying doctoral degrees

Now that we’ve covered the important factors that affect Ph.D. earnings (including industry and location of employment), let’s take a look at what specific highest-paying doctoral degrees are available on a national level.

We’ve looked at over 50 of the most common doctoral degree programs in terms of early career earnings, mid-career salaries, and “maximum” earnings. While there are obviously outliers with Ph.D. programs in many of these fields, “maximum” career earnings were taken by noting the earnings of the top 10% of earners with the degree in question, or the average salary for degree holders with the degree in a single city, whichever is greater.

Below we’ve ranked the highest paying doctoral degrees by their “maximum” salaries.

Ph.D. in Statistics

highest paying doctoral degrees

Statisticians utilize statistical analysis to aid in decision-making and product development in a wide range of industries. Commonly employed in business, health care, government roles, think tanks, technology, and non-profits, statisticians are in high demand among organizations that intake enough data to require statistical analysis.

Most statistician jobs require a master’s degree, so obtaining a doctoral degree in statistics helps statisticians to stand out even more in this sought-after profession. It’s noteworthy that doctorate degrees in statistics have one of the highest starting salaries of doctorate degrees surveyed. Their “maximum” salary, however, is slightly lower than the remaining professions in our ranking.

  • Average Early Career Salary: $58,310
  • Average Mid-Career Earnings: $67,230
  • ‘Maximum’ Earnings: $78,760

SEE : DOCTOR OF STATISTICS (PH.D. STAT.) SALARY AND INFORMATION

highest paying phds

Ph.D. in Biomedical Engineering

highest paying doctoral degrees

As populations age and health care becomes more reliant on big data and technology, Biomedical Engineering stands to play a more and more central role in healthcare solutions.

In fact, the Bureau of Labor Statistics notes that Biomedical Engineering roles are expected to increase by more than 5% in the next seven years. Presently a doctoral degree in Biomedical Engineering stands as the primary way to become involved with research in biomedical research.

Often paired with an M.D., some medical device makers who also practice as medical doctors make substantially more than the maximum salary listed below. Just looking at the Ph.D. in the subject, however, the most common job description includes designing, studying, or improving biomedical devices.

Common locations of employment for biomedical engineering include hospitals, consulting firms, research groups, university settings, and manufacturing companies. It’s worth noting that while early-career average earnings are on the lower end of our list, by mid-career, Ph.D.’s in biomedical research are farther into the pack.

  • Average Early Career Earnings: $62,647
  • Average Mid-Career Earnings: $70,619
  • ‘Maximum’ Earnings: $88,164

SEE: DOCTOR OF BIOMEDICAL ENGINEERING (BME PH.D.) SALARY AND INFORMATION

Ph . d. in im munology.

highest paying doctoral degrees

Immunologists are medical researchers (and for those with M.D.s, practicing physicians) who focus on disease immunity. For those holding Ph.D.s in Immunology, common work settings include teaching in universities, research in universities or hospitals, policy-related roles, or research in public and private labs.

While dual M.D.s and Ph.D.s are often required to pursue research on your own as an immunologist, just one of these two degrees focused on immunology is required to obtain a position in public and private research settings.

Since 2004, there has been a widespread shortage of immunologists across the nation. This has led to 10%+ additional vacancies in job openings each year over the last decade. This has been reflected in the rising income of immunologists.

When looking at early, mid, and maximum salaries for immunologists, it’s of note that those holding both Ph.D.s and M.D.s stand to make substantially more than those with “just” a Ph.D. in the discipline.

  • Average Early Career Salary: $248,453
  • Average Mid-Career Earnings: $276,843
  • ‘Maximum’ Earnings: $368,422

SEE: DOCTOR OF IMMUNOLOGY SALARY AND INFORMATION

Ph.d. in pharmacology.

highest paying doctoral degrees

Pharmaceuticals are big business, and pharmaceutical researchers are on both the front line with patients in need and scientific endeavors expanding the field. Those who pursue Ph.D. in pharmacology (a distinct degree from a Pharm.D.) are expected to have a master’s degree in related material.

Doctor of Pharmacy degrees, on the other hand, are shorter programs requiring 60-90 credit hours of prerequisites at the undergraduate level.

Pharm.D. programs prepare students for being pharmacists, while Ph.D.’s in pharmacology prepare students for research and instruction roles. While entry-level earnings are lower for Ph.D.s than Pharm.D’s, Ph.D.s can earn significantly more in research roles by their mid and late-career.

  • Average Early Career Earnings: $112,065
  • Average Mid-Career Earnings: $118,979
  • ‘Maximum’ Earnings: $133,394

SEE: BEST ONLINE SCHOOLS FOR DOCTOR OF PHARMACY (PHARM.D.)

PhD degree holders

Ph.D. in Electrical Engineering

highest paying doctoral degrees

Electrical engineers are some of the most versatile engineering types, finding employment in aviation, consumer goods, technology, transportation, logistics, and a wide range of other industries. While most forms of electrical engineering already provide a steady and well-compensated gig for life, Ph.D.s in electrical engineering are highly sought after.

While a Ph.D. in electrical engineering may still do some engineering work (some will work exclusively on topics they have specialized in) many hold advanced degrees in engineering instead of supervising teams.

For roles like chief technology officer, head of product, staff research engineer, project expert, and director of research and development, having a doctorate degree in electrical engineering may help candidates to stand out in extremely competitive fields. Additionally, moving up the corporate ladder that far increases pay far beyond that of “run-of-the-mill” engineers.

For the top 10% of earners holding a Ph.D. in electrical engineering, over $78,000 in compensation is the norm, often ranging much higher depending on the role performed.

  • Average Early Career Salary: $73,027
  • Average Mid-Career Earnings: $77,006
  • ‘Maximum’ Earnings: $88,708

SEE: DOCTOR OF ELECTRICAL ENGINEERING (D.E.E.) SALARY AND INFORMATION

Ph.d. in clinical psychology.

highest paying doctoral degrees

Ph.D.s in clinical psychology have a wide range of career paths to choose from. For those looking to practice clinical psychology, a 1-year externship program is often required, where students obtain experience working with patients. Ph.D.s will also often specialize in one area. Common areas include health psychology, child psychology, and neuropsychology.

Additionally, Ph.D.s in clinical psychology may elect to work in case management roles, as supervisors in treatment centers, in hospital settings, in education, in corporations, or in research settings.

This wide range of occupational settings creates quite a disparity between early-career earnings and the earnings of the upper 10th percentile of clinical psychologists, as one can see below. With this range of roles one can pursue with a Ph.D. in clinical psychology, however, comes great freedom.

This versatile degree can help those in need, advance the study of the human mind, enhance corporate efficiency, or help in the education of the next generation of psychologists.

  • Average Early Career Earnings: $46,400
  • Average Mid-Career Earnings: $79,800
  • ‘Maximum’ Earnings: $138,600

SEE: DOCTOR OF CLINICAL PSYCHOLOGY (CLINPSYD) SALARY AND INFORMATION

Ph.d. in aerospace engineering.

highest paying doctoral degrees

Ph.D.s in Aerospace Engineering is one of the few sub-discipline degrees among doctoral engineering choices. While there are many Ph.D.s that may help you advance in aerospace engineering fields (physics, other engineering degrees, natural sciences, and so forth), aerospace engineering Ph.D.s often spend additional time diving into research on one subsystem of aerospace technologies.

For example, sensors, payload analysis, failure analysis, and so forth. With that said, a Ph.D. in any engineering discipline often provides a framework through which recipients can address any engineering problem.

And — even if not initially — many Ph.D.s in aerospace engineering find themselves working in other engineering fields, running their own companies, or moving into management. As one may expect, aerospace can be quite a lucrative field and includes employers such as NASA, defense contractors, branches of the military, airlines, vehicle manufacturers, telecommunications companies, and research opportunities at universities.

  • Average Early Career Salary: $67,093
  • Average Mid-Career Earnings: $74,236
  • ‘Maximum’ Earnings: $84,112

SEE: Doctor of Aerospace Engineering (Ph.D. AE) Career Guide: Salary and Degree Info

Ph.d. in engineering.

phds highest paying doctoral degrees

Ph.D.s in engineering are research-based degrees that focus on engineering at a theoretical level and prepare the recipient for either a role as a researcher or university instructor or industry work.

A similar doctorate of engineering degree is also a research degree (unique among professional degrees) and is similar in many ways to Ph.D. in engineering save for a higher focus on industry applications.

Ph.D.’s in engineering are some of the most versatile engineering degrees at the doctoral level. However, they may require time for the recipient to gather domain-specific knowledge (say, engineering related to wind tunnels, power plants, or aircraft).

This is evidenced by the growth in salary from entry-level through the highest 10% of earners in which engineering Ph.D.’s can nearly double their salary.

  • Average Early Career Earnings: $69,140
  • Average Mid-Career Earnings: $121,830
  • ‘Maximum’ Earnings: $174,530

Ph.D. in Chemical Engineering

highest paying doctoral degrees

Chemical engineering is a multidisciplinary field utilizing physics, chemistry, economics, engineering, and math to resolve problems related to producing, using, transforming, and transporting chemicals.

Chemical engineers are routinely involved with all manner of consumer and business-facing production environments, from creating new materials for diapers to hazard assessments to large manufacturing plants.

Almost any consumer product produced on a large scale likely had a chemical engineer involved with some portion of manufacturing. So one can imagine the demand for chemical engineers is high. In fact, around 8% more chemical engineering manufacturing jobs are expected to be open in the next seven years.

For those with Ph.D.s in the discipline, employment opportunities also exist in research, academia, consulting roles, and entrepreneurship.

  • Average Early Career Earnings: $75,633
  • Average Mid-Career Earnings: $83,381
  • ‘Maximum’ Earnings: $99,727

SEE: Doctor of Chemical Engineering (PhD CE) Career Guide: Salary and Info

Ph.d. in physics.

highest paying doctoral degrees

Physics is the study of matter and the behavior of matter through space and time. When many think of physicists, they think of the cosmos. But many of the hardest engineering problems are also related to physics.

Those with Ph.D.s in physics will likely have specialized in one or more subject matter areas including optics, the physics of sound, atomic physics, nuclear physics, and gravitational physics, among many others. This often leads to important research roles in private industry or university settings.

From cars to spacecraft to telescopes, physicists have played integral roles in advancing products. With that said, even if Ph.D.s in physics have previously specialized in one area of science, physics helps to prepare scientists with the ability to think about a wide range of problems.

For this reason, many Ph.D.s in physics may find themselves in demand in a wide variety of industries throughout their career. And many talented physicists will find themselves well compensated.

  • Average Early Career Salary: $65,995
  • Average Mid-Career Earnings: $71,659
  • ‘Maximum’ Earnings: $114,248

SEE: Doctor of Physics (Ph.D. Physics) Career Guide: Salary and Info

Ph.d. in organic chemistry.

highest paying doctoral degrees

Chemistry is the study of the structure, properties, and reactions between compounds and materials. Organic chemistry utilizes the same research methods to focus on organic matter.

The good news is that this collection of compounds and materials (those that contain carbon) comprise a majority of known chemicals. Furthermore, all living matter is the study of organic chemistry. This means that applications for analysis through organic chemistry are veritable and limitless.

From pharmaceuticals to natural resources and geology to chemical engineering, the results of organic chemistry are all around us. Unfortunately (or fortunately if this is not the case for you), organic chemistry is known by many as one of the “hardest” subjects taught in higher education. For those who can excel in the subject matter, a wide range of career opportunities and compensations are available.

  • Average Early Career Earnings: $59,968
  • Average Mid-Career Earnings: $67,470
  • ‘Maximum’ Earnings: $84,061

Ph.D. in Biochemistry & Molecular Biology

highest paying doctoral degrees

Biochemistry is the scientific study of chemical processes related to or within living organisms. Molecular biology is an approach to studying biological mechanisms from a molecular level.

Together these fields of study offer a uniquely fine-grained way of studying living systems. While Ph.D.s in biochemistry and molecular biology are highly specialized, they find employment in a surprisingly wide range of settings.

From state crime labs to pharmaceutical development projects, biochemists and molecular biologists are often some of the most crucial specialists for ascertaining what goes on in our body at a molecular and chemical level.

Additionally, Ph.D. programs in these disciplines may, of course, find employment in research and instruction in university settings.

With this wide range of employment settings, there is also a wide range of compensation for biochemists. For the top 10% of earners, however, the field can be quite lucrative, making it our 4th highest-paying doctoral degree for 2022 and 2023.

  • Average Early Career Earnings: $67,506
  • Average Mid-Career Earnings: $73,701
  • ‘Maximum’ Earnings: $82,048

SEE:  Doctor of Molecular Biology (PhD Mol Biol) Career Guide: Salary and Info

Ph.d. in computer science.

highest paying doctoral degrees

Computer science is the study of the theory of computation as well as the design of computational systems. Computer science as a field of study has nearly as many sub-disciplines are there are forms of computing technology.

Though many Ph.D. recipients in the field will have specialized in a handful of technologies or theoretical components related to computing, computer science is also an approach to problem-solving that lends itself to the solving of many engineering situations.

While many with computer science degrees will find themselves in roles such as software developers early in their career, gaining a doctoral degree in the discipline can help workers quickly advance to positions such as systems architect, researcher, or development positions in subdisciplines of computer science.

Particularly highly compensated subdisciplines within computer science include information assurance, machine learning, artificial intelligence, virtual reality, virtualization, and many others.

  • Average Early Career Earnings: $117,667
  • Average Mid-Career Earnings: $130,949
  • ‘Maximum’ Earnings: $149,109

SEE: Best Online Doctor of Computer Science Degree Programs

Ph.d. in economics.

highest paying doctoral degrees

Economics is the social science that is intent on studying the production, consumption, and distribution of services and goods. Economic analysis often falls into a variety of categories that a Ph.D. candidate in economics could choose to focus on.

Broadly, these segments of economic analysis include micro and macroeconomics, theoretical analysis and applied analysis, normative and positive economics, and rational and behavioral economics.

As with all social sciences, each competing school of thought offers its own insights, and many are highly sought after in many domains of industry and public life. Economic analysis is particularly sought after in fields such as education, health care, criminology, and finance, among others.

A Ph.D. in economics can, of course, also elect to work in research or academic settings depending on their skill set. While early-career earnings are quite solid for those with Ph.D.s in economics, those moving into consulting roles or finance can command much higher salaries.

  • Average Early Career Earnings: $78,124
  • Average Mid-Career Earnings: $93,369
  • ‘Maximum’ Earnings: $106,848

SEE:  Doctor of Economics (DEc) Career Guide: Salary and Info

Ph.d. in information assurance.

highest paying doctoral degrees

Information Assurance is a discipline just recently brought to prominence by the massive amount of data and information held in computing devices and networks. With the rise in prominence of the internet and connected devices, many corporations and public entities have been unable to keep up with cybersecurity demands.

As of 2019, over 1 million cybersecurity openings will be unfilled nationwide. Additionally, the average age of those currently working in cybersecurity is approaching 50, meaning a lack of younger talent.

Though they will still need hands-on experience at lower levels, Ph.D.s in information assurance are great candidates for being the go-to resource on cybersecurity for organizations. As such, being a Ph.D. in information assurance in many organizations could put you on a shortlist for advanced positions such as chief information security officer.

While the average early and mid-career salaries of information assurance Ph.D.s are quite strong, many C-Level information assurance roles can bring in $300,000+.

The top 10% of jobs for the highest-paying Ph.D. in Information Assurance bring in over $100,000 a year or more, making information assurance the highest-paying Ph.D. surveyed in this year’s ranking.

  • Average Early Career Earnings: $86,682
  • Average Mid-Career Earnings: $96,249
  • ‘Maximum’ Earnings: $106,915

SEE:  Doctor of Information Assurance (Ph.D. IA) Career Guide: Salary and Info

What is a ph.d..

First, we should clarify exactly what degrees we’re talking about. A Ph.D. is an abbreviation for Doctorate of Philosophy. Ph.D. holders obtain Doctorate of Philosophy degrees in some subjects. Though “Philosophy” is in the title, this is largely a historical artifact from when the study of philosophy encompassed most of the traditional arts and sciences.

Today, someone holding a Doctorate of Philosophy in Statistics will have mainly studied statistics and supporting disciplines within their course of study. The underlying spirit of the degree still applies, however.

“Philosophy” means “lover of wisdom,” while a doctorate is the highest degree in a university. Therefore, a doctorate of philosophy is the highest degree awarded to a “lover of wisdom” within the university system.

Typically this means that Ph.D. graduates have endeavored upon unique and substantial research in their field of choice and have attempted to advance their field of study.

highest paying doctoral degrees

While there is a range of common doctorate degrees, many are not Ph.D.s.

This usage of the term Ph.D.– though technically correct — is contrary to the common usage of the term. In ordinary conversation, Ph.D. and “Doctorate” are often used interchangeably. The main exception to this rule is that many people do distinguish between common professional degrees (including medicine and law) and more research-centered Ph.D.s.

In our investigation, we’re looking specifically at Ph.D.s, and not professional doctoral degrees. Though in many of the most lucrative Ph.D.s listed below, we do discuss the differences and similarities between Ph.D.s and professional degrees in the same subject.

Does job location matter when considering the highest-paying doctorate degrees?

In employment, location matters. In fact, along with your line of work, the location may be the single most significant determinant of compensation.

After all, the minimum wage in some cities approaches the average wage of earners in some states. The average hourly wage in America as a whole more than triples in a handful of the most populous cities.

highest paying doctoral degrees

In short, no conversation about payment of Ph.D. is complete without reference to where the said Ph.D. is working. While looking at the earnings of the entire population in locations is a good indicator of whether or not Ph.D.s may make more in an area, Ph.D.s tend to occupy a disproportionately high degree of jobs in the most lucrative fields in a region.

In a region rich with natural resource extraction, many Ph.D.’s are likely employed in geology or natural resources. In an area rich with information technology organizations, more Ph.D.s in computer science are probably employed.

This is partially accounted for by the trend of universities with large research presences in a field helping to foster entrepreneurship in a given field throughout the region. High concentrations of researchers and university funding help to create more business opportunities. In turn, this draws more talent to the universities in the region.

This is to say that average earnings within a region are at times not directly tied to Ph.D. earnings. Rather, an average salary in a region may be quite low, while opportunities for Ph.D. holders may be centered around the most well-supported industries specific to the region. With that said, many of the highest-earning cities and states in the nation are also the centers of highest compensation for Ph.D. graduates with doctoral degrees.

Does the industry matter when considering the highest-paying doctorate degrees?

The industry employing a Ph.D. holder is equally important (and often tied) to the location in which doctoral workers work when talking of compensation. While many top universities have highly regarded programs in many disciplines, many universities are known for just a handful of programs are the graduate level. This leads to geographic clusters of Ph.D.s in very different industries.

An example of the above may be seen in the following. The University of Iowa and the University of Mississippi are both well-known for their graduate programs in creative writing. A disproportionately high number of graduate degree holders in the vicinity of both universities are writers or writing instructors.

Even Ph.D.-level graduates in English literature don’t lead to as high of an income as say, chemical engineering. This industry discrepancy (among others) leads to great clusters of highest-paying doctoral degrees in California’s Bay Area, or Minnesota’s Twin Cities region (both of which are home to top-ranked chemical engineering schools).

Along with location, the industry in which a Ph.D. works is integrally tied to earning power. Below is a sampling of average earnings for the highest-paying doctoral degree by industry.

highest paying doctoral degrees

See also: Top Free (or Cheap!) Online Ph.D. Level Courses

Check this out for more information: Jobs That Require a Ph.D. or Doctorate Degree

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PhD Stipends

Welcome to PhD Stipends!

The purpose of this site is to share information about what PhD students in many disciplines at universities all over the US are being paid (i.e. income from stipends, fellowships, research or teaching assistantships, internships, etc.).

Please fill out the survey below to help add to our database and then check out the answers that other PhD students have provided.

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Thank you for contributing to the database and enjoy perusing the data! After you submit your data, please share this website through social media so that a greater number and variety of grad students can contribute.

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How PhD Students Get Paid

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The most common questions (and biggest misconceptions) about getting a PhD revolve around money. Maybe you’ve heard that PhD students get paid just to study, or maybe you’ve even heard that PhD students don’t get paid at all.

It makes sense — how you make money as a PhD student is different from most other career routes, and the process can be highly variable depending on your school, discipline and research interests. 

So, let’s address the big question: do PhD students get paid? Most of the time the answer is yes. PhD programs that don’t offer some form of compensation, like stipends, tuition remission or assistantships, are rare but they do exist. On the other hand, some programs, like a PhD in Economics , are so competitive that unpaid programs are virtually unheard of. 

To help you gain a better understanding of PhD funding and decide if getting a PhD is worth it for you, here are some of the most common examples of how PhD students are paid. 

PhD Stipends

Most PhD programs expect students to study full-time. In exchange, they’re usually offered a stipend — a fixed sum of money paid as a salary — to cover the cost of housing and other living expenses. How much you get as a stipend depends on your university, but the range for PhD stipends is usually between $20,000 - $30,000 per year.  

In some cases, your stipend will be contingent upon an assistantship.

Assistantships

A PhD assistantship usually falls into one of two categories: research or teaching. 

For research assistantships , faculty generally determine who and how many assistants they need to complete their research and provide funding for those assistants through their own research grants from outside organizations. 

A teaching assistantship is usually arranged through your university and involves teaching an undergraduate or other class. Assistantships allow graduate students to gain valuable experience leading a classroom, and helps to balance out the university’s stipend costs. 

Fellowships

Fellowships provide financial support for PhD students, usually without the teaching or research requirement of an assistantship. The requirements and conditions vary depending on the discipline, but fellowships are generally merit based and can be highly competitive. Fellowships usually cover at least the cost of tuition, but some may even pay for scholarly extracurricular activities, like trips, projects or presentations. 

Fellowships can be offered through your university or department as well as outside sources. 

Part-time Employment

PhD students don’t commonly have additional employment during their course of study, but it is possible depending on your discipline and the rigor of your program. Flexible, low-demand jobs like freelance writing or tutoring can be a natural fit for many PhD students, and might be flexible enough to balance along with your coursework. 

All in all, it’s fair to say that though the form of payment may be unfamiliar, PhD students do in fact get paid. But keep in mind that while most PhD programs offer some kind of funding for students, it’s not guaranteed. 

Want to know more about how to pay for a PhD ? Explore our Guide to Choosing and Applying for PhD Programs . 

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doctoral degrees at SMU, and how you can choose the right program and thrive in it, in our Guide to Getting a PhD.

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Funding Packages for Full-Time PhD Students

If you are accepted as a full-time NYU Steinhardt PhD student, you are eligible for our generous funding package, which includes a stipend, scholarship, and healthcare coverage. Information is below and on our doctoral funding website. 

Funding Opportunities

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The Steinhardt Fellowship Program

The standard Steinhardt Fellowship package includes an annual stipend, tuition remission for required course work, and student health insurance through your fifth year. The fellowship is reserved for full-time doctoral students. The 2024-2025 stipend is $33,867. Complete details are provided with each offer of admission.

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Research Assistantships

Some doctoral students may be appointed to a Research Assistantship. Research Assistants are funded by external grants and work with a principal investigator on a funded research project. Unlike Steinhardt Fellows, Research Assistants agree to work 20 hours per week on an ongoing research project, typically with a team of faculty and other students. Research Assistants may not perform additional work assignments such as teaching or grading.

For the duration of the assistantship, Research Assistants receive funding that includes a stipend, tuition remission for required course work, and student health insurance.

Other Expenses to Consider

Beyond what is covered by your Steinhardt Fellowship or Research Assistantship, you may have additional expenses that you should keep in mind as you plan your budget. These may include, but are not limited to:

  • Late registration fees
  • Tuition for undergraduate courses
  • Tuition for graduate courses not applicable to your degree
  • Tuition for courses in excess of the total point requirement for your degree
  • Tuition for courses completed after the end of the fifth year
  • Tuition for courses and fees used to maintain official enrollment for study leading to a degree after the end of the fifth year; see doctoral student policies for more information
  • Student health insurance for students beyond the fifth year (note that students who are employed by NYU, such as Research Assistants or Adjunct Instructors, may receive health insurance as an employee benefit)

8 best PhDs that offer the highest stipends

The best PhDs not only open the gates to knowledge but also offer some of the most generous stipends to help you achieve your dream. These stipends are not just numbers; they are the lifeboat allowing you to dive headfirst into your studies without worrying about the financial tides. 

Think of the great minds that have treaded the PhD path before you – Marie Curie, Albert Einstein and Martin Luther King Jr. The secret to their success wasn’t just their brilliance; it was the support they received during their PhD journeys. 

A stipend can be the catalyst for greatness, allowing you to focus on your research, collaborate with brilliant minds, and turn your academic dreams into reality. 

The best PhDs give you more than just a qualification. It acts as a catalyst to greatness.

Types of PhD stipends

When it comes to stipends, there are two main types: financial and non-financial. Financial stipends are a helping hand for students, given without needing any specific work in return.

They appear as financial assistance on your statement at the end of the year.

On the flip side, there are stipends given in exchange for the work you put in at the university. These aren’t considered financial aid; instead, they’re like salaries 

You might be wondering if your stipend is subject to taxation. Well, it depends on the type. If it’s a financial stipend, it’s generally not taxable. It’s like a gift to help you out.

However, if your stipend is in exchange for your university efforts, like work or research, it’s considered income and is subject to taxation.

The best PhDs have great stipends — which you should treat as a package. Source: AFP

PhD stipends: It’s a package

Your PhD stipend is made up of several important components to support you through your academic journey.

The living stipend is the main part, covering your accommodation, food, transportation and other daily needs.

It’s the primary source of financial support, and how much you get can vary based on factors like location, school, major and cost of living. 

The tuition waiver or fellowship is a significant perk considering the often hefty costs of a PhD education, especially in fields like Chemistry or other STEM subjects.

Health insurance is another crucial part of the package, ensuring you have access to affordable medical care to keep you healthy and productive. 

Then there’s the research grant or funding, providing extra money for things like textbooks, research materials, and conference fees.

As you delve into your academic journey, you might also find yourself as a teaching assistant (TA) or research assistant (RA), gaining work experience and building valuable professional connections.

So, your PhD stipend isn’t just about the financial support – it’s a comprehensive package designed to nurture and propel you forward in your academic pursuits.

The most powerful people in the world listen to those with the best PhDs. In this photo, India’s Prime Minister Narendra Modi and US First Lady Jill Biden listen to Anchal Sharma, a PhD candidate at the Indian Institute of Technology. Source: AFP

PhD stipends: More than just financial aid  

It’s important to treat your PhD stipend as something more than just scholarship money or salary.

Consider investing in specialised training courses or workshops relevant to your field.

Use your stipend to enrol in programmes that deepen your expertise and introduce you to the latest trends.

Think of it as adding layers to your professional skillset, making you a sought-after expert in your field.

Another useful way to make good use of your PhD stipend is by attending conferences and networking events.

Allocate registration fees, travel and accommodation funds to immerse yourself in a sea of knowledge and connections.

Conferences are like treasure troves of insights, letting you learn from industry leaders and exchange ideas with peers.

Networking at these events can open doors to collaborations, job opportunities and a broader understanding of your field.

Your stipend is a golden ticket, allowing you to actively participate in your professional community and stay updated on cutting-edge developments. 

Salary vs stipend

Your salary is like a regular paycheck you get for your job – it’s consistent, predictable and typically based on the hours you work or the tasks you complete.

It’s your stable income, like a steady river flowing into your bank account.

On the other hand, a stipend is more like a fund for a specific purpose, usually tied to education, research or training.

It’s not your regular 9-to-5 wage. It’s an allowance to support you in certain activities, such as pursuing a degree, researching, or attending professional development opportunities.

While a salary is your everyday bread and butter, a stipend is more like the extra toppings – there for a specific reason and not necessarily a routine.

So, who gets to hop on the stipend train? Usually, it’s candidates who are engaged in specific activities that need a bit of financial backing.

Students diving into research, interns honing their skills, or anyone pursuing specialised training are likely candidates.

Stipends often aim to support learning, growth or projects rather than being your everyday paycheck. It’s like a boost for those dedicating their time and effort to something beyond their regular work.

So, if you’re on a mission to deepen your knowledge, contribute to research or enhance your skills in a particular field, chances are you could receive a stipend.

When it comes to PhD programmes, the pay and stipends can vary . Generally, STEM (Science, Technology, Engineering, and Mathematics) PhD programmes offer higher stipends than other fields.

For example, in the US, institutions like MIT and Stanford are known for generous stipends for STEM candidates. These stipends often cover tuition, living expenses and even healthcare. 

The best PhDs can help you develop valuable transferrable skills which are valuble in the working world. Source: ETX

1. Stanford University

Stanford University is renowned for having the best PhD programmes in the world. This is mainly due to the fact that it offers one of the highest stipends globally, securing its position as a top-tier institution for doctoral candidates. 

In the 2020/2021 academic year, PhD students at Stanford University received a stipend or teaching assistantship of US$45,850 , marking it the world’s highest-paid PhD stipend.

Newly admitted PhD candidates automatically qualify for financial assistance for up to five years, provided they maintain a good academic record and meet the stipend requirements.

This support of fellowship salary, research or teaching assistantship showcases the university’s dedication to offering one of the most competitive PhD stipends.

Stipends are distributed shortly after students meet the minimum enrolment requirements, and any obligatory expenses, such as university housing rent, are deducted before the stipend is issued. 

Earning a PhD can be costly both in terms of time and money, and it may take several years to complete a successful doctoral programme. Source: ETX

2. Princeton University

Embarking on a PhD at Princeton University promises academic excellence — and positions you among recipients of one of the highest-paid stipends in the US. 

In February, The Daily Princetonian reported that the Princeton Graduate Students United (PGSU) has announced that the university will raise some graduate student stipends by US$5,000 in the 2023/24 academic year.

This made the annual stipend rate for this academic year b etween US$47,880 and US$50,400 .  

If you’re a new incoming graduate student, you’ll be paid your first fellowship stipend in full for the month of August .

The best PhDs can help students build relationships with professionals in their field, learn about job opportunities and gain insight into industry trends and best practices. Source: ETX

3. University Of South Carolina

The University of South Carolina is a top institution with one of the best PhD programmes, offering some of the highest stipends to its students. 

From 2022, the university’s minimum total stipend has been US$34,000.

This makes the minimum monthly rate of at least US$3,778 for programmes that operate on a nine-month schedule and US$2,834 for those on a 12-month schedule.

There’s a “Provost Fellowship Top Off” valued at US$2,000, bringing a student’s stipend to at least US$36,000.

The university’s commitment extends to various scholarships, including the IRIX/David L. Coffen Fellowship and the Jerome D. Odom Fellowship, both in the field of chemistry.

The highest-qualified candidates are considered for Presidential Fellowships.

4. Rice University 

Rice University stands out by offering departmental stipends for qualified PhD candidates — amounting up to US$40,000 per year .

Candidates earn this by working as a research/teaching assistant for an assigned faculty member while maintaining full-time student status and continue making satisfactory progress toward their PhD.

The best PhDs will help you learn about yourself, about others and about the world around you. Source: AFP

5. University of Houston

With an annual stipend of US$31,000 annually , the financial support provided at the University of Houston is substantial. 

The Graduate Tuition Fellowship (GTF) further enhances the financial package for eligible students, covering tuition and fees, resulting in a net annual benefit of US$20,800.

Meeting a 3.00 grade point average and working as a graduate assistant are prerequisites for GTF eligibility, proving the university’s dedication to maintaining academic excellence among its doctoral candidates.

The fellowship covers nine semester credit hours (SCH) in the fall and spring semesters and six in the summers. 

6. Ohio University 

Ohio University’s financial support for PhD students is among the most generous in the country –surpassing over 1,000 other universities.

Here, s tipends come in different forms. Examples are teaching assistantships, research assistantships and graduate assistantships. 

At the School of Communication Studies , for example, eight to 12 new students are offered graduate assistantships that provide a full tuition waiver and a stipend of approximately US$16,100 per academic year.

A PhD degree holds high value in the job market as well as in the research world. Source: AFP

7. Boston University 

At Boston University, all PhD students in good standing are guaranteed the following:

  • five years of stipend support
  • 100% tuition scholarship
  • a health insurance credit

How much? That varies by PhD programmes but its website states a range from US$27,318 for eight months to US$40,977 for 12 months for the 2024/25 academic year.

8. Cornell University 

For the 2023/24 academic year, Cornell graduate assistantship and fellowship stipends grew by 8% . 

This made the minimum 12-month assistantship rate US$43,326 and increased the minimum nine-month academic year stipend to US$32,494.

Here, a graduate assistantship refers to “ an academic appointment requiring 15 to 20 hours a week , averaging no more than 15 hours per week for the base stipend as established by the Board of Trustees.” They receive full tuition credit and a stipend.

Meanwhile, a fellowship refers to an “arrangement in which financial support is given to a graduate student to pursue his or her degree without any obligation on the part of the student to engage in teaching and/or research in furtherance of the university’s academic mission.”

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Paid phd positions.

In most countries, a doctoral candidate is considered a student who studies. But in the Netherlands, PhD candidates are traditionally researchers employed by a university to complete a dissertation or thesis. These job vacancies are posted online, and you will need to apply as if you would for any other job. Since these jobs allow you to complete your PhD degree while earning a salary and without paying tuition fees, they are highly competitive. Therefore, you should prepare your application carefully. Once you are hired, your research will be conducted on the topic specified in the vacancy and in conjunction with a faculty, research institute or research school. Most candidates complete their PhD within four years. 

Many graduates find PhD positions through:

  • Academic Transfer website  
  • research-intensive master’s programmes
  • contacting individual faculties directly

Please note that you must either be eligible for employment in the Netherlands or obtain a knowledge worker visa to qualify for a paid PhD position. To learn more about Dutch research and higher education, you can read a Beginner's Guide to Dutch Academia .

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Practical matters

In the support section, you can find out more about practical matters, such as:

  • accommodation
  • visas & work permits
  • professional development
  • living in Maastricht

  Visit support for PhDs

Working climate according to our PhDs

Maastricht University is a young and dynamic university, and we pride ourselves on our teamwork and collegiality. As a PhD candidate, you will be treated as a colleague, not a student. You will be an integral member of our vibrant academic community. 

Check out the video to hear what our PhDs say about working at Maastricht University.

Overview of PhD vacancies

Below is an overview of some of the PhD vacancies on the Academic Transfer website. Please note that this may not be a full list of the available vacancies. Also, vacancies for English-speaking candidates are sometimes placed on the Dutch section of Academic Transfer , so it is best to check the listings in both languages.  

More vacancies

  View all of Maastricht University's vacancies on Academic Transfer .

paid phd

  • PhD Salary in UK – Explained
  • Funding a PhD

What Are PhD Salaries?

The average cost of undertaking a PhD in the UK is approximately £20,000 per academic year for UK students and £40,000 for international students. To help offset the cost of this, many students question whether undertaking a doctorate comes with a PhD salary.

The salary of a PhD student is governed by three factors: whether they’re assisting in undergraduate teaching, assisting in research, or have secured a PhD with a stipend. Depending on which of the three categories a student falls within, they will receive an income during their studies, however, the amount will differ by a substantial amount.

To help show you how you can fund your postgraduate degree and how much you can expect to earn whilst doing so, carry on reading below.

Types of PhD Salaries

There are three types of PhD degree salaries:

  • Graduate Teaching Assistantships (GTAs) . In exchange for a salary, you’ll be required to assist in the delivery of one or more courses over a number of years. This includes, but is not limited to, marking student tutorials, supervising lab experiments and providing support to undergraduates during office hours. Besides this, you may have to teach a small section of the course itself. You can discover more about GTAs on King’s College London’s website.
  • Research Assistantships (RAs) . In exchange for a salary, you assist a departmental professor with their research. In the ideal scenario, the professor you work with should also be your PhD supervisor and the research you’re asked to support with relates to your own doctoral project.
  • Stipend via Studentship: A stipend is a non-repayable grant provided to doctoral students to help support their studies. A studentship covers a student’s tuition fees whilst a stipend covers a PhD student’s living costs. This includes outgoings such as rent, food, bills and basic travel. Unlike Graduate Teaching or Research Assistantships, stipends rarely have duties attached to them. The only expectation of receiving a stipend will be that you maintain continuous progress within your degree.

It’s worth noting these earning opportunities can be also be combined. For example, it’s possible to be a research assistant whilst also committing time to teach undergraduate students.

Average PhD Salary in UK

The average PhD student salary for teaching assistantships will vary depending on the level of responsibility you’re taking. However, to provide figures, past doctoral students have reported receiving approx. £10/hr for marking tutorials, £15/hr for leading laboratory sessions and up to £20/hr for leading undergraduate classes and tutorials.

The actual amount you can earn from teaching assistance will depend on the rate your department offers and the hours you can realistically take on. If you’re on a Graduate Teaching Assistantship programme, they will require you to dedicate a set number of hours per week. If you’re not on a GTA but would still like to earn an income through this scheme, you will likely need to commit several hours per week consistently. Although this can be a great way to earn whilst you study, you need to make sure you manage your time effectively as to not become overwhelmed by taking on an additional commitment.

The average salary for research assistantships will vary depending on the field of the doctoral degree you are enrolled in. Usually, these positions pay between £25,000 to £30,000 per year, however, it’s possible to come across positions which sit slightly outside of this. As a general rule of thumb, STEM assistors are paid more than non-STEM assistors.

Highest paid PhD stipends

In the UK, PhD students can receive a stipend which varies between £15,000 and £18,000 per annum. As part of the studentship your stipend is provided under, your tuition fees will also be paid for. UK tuition fees will vary between universities but are approximately £4,500 per year for doctoral courses starting in 2021/22 as per the UKRI recommendations .

Although £15,000 to £18,000 per year is the typical range for a stipend, some can be far greater than this. For example, Wellcome Trust , a research-charity based in London, offers an annual stipend of up to £23,300 and £26,000 for doctoral students located outside and within London, respectively.

Are PhD Salaries Taxed?

PhD stipends are tax free. Therefore, you don’t need to pay any income tax nor do you need to make any national insurance contributions. This means you’ll keep all the money you receive from an annual stipend. However, this is not the case for Research Assistants.

In the UK, Research Assistants are employed as university staff members and are paid a direct salary as opposed to a stipend. As a result, it will require you to pay tax on your earnings and make national insurance contributions.

To put this into perspective, for the 2019/20 UK tax year, you’re required to pay a 20% tax on any income above £12,500 but less than £50,000. You’re also required to make national insurance contributions of 12% of your weekly earnings over £166 but less than £962. This means that an annual Research Assistantship salary of £30,000 will equate to a take-home salary of £23,938 per year.

How to Get a PhD Stipend

To find research positions which offer stipends, we recommend you search our PhD database and filter by ‘funded’ positions.

Besides this, you can also secure a studentship from UK Research Councils or directly from your university as a scholarship. Independent organisations, such as charities and research trusts, and innovative firms within your industry also offer funding. You can read our PhD studentship guide to see how these work or our Where to find a PhD guide for further ideas.

Finding a PhD has never been this easy – search for a PhD by keyword, location or academic area of interest.

How to Get a Research Assistantship PhD

Unfortunately, research assistantships opportunities aren’t as common to come across compared to PhD stipends. Besides this, when they are available, they’re predominantly in STEM subjects such as computer science and engineering. The reason for this is these subjects usually have access to greater research grants and have a greater volume of practical work available.

To find a research assistantship, we recommend that you contact the university departments who host the courses you’re interested in directly. This is because research assistantships help professors with their research, and while they may require help, they may not be openly advertising for it. They may, therefore, be able to create a role for you within their department or put you into contact with one of their colleagues who already has an open position.

International Students

It’s worth noting that international students will have a harder time securing a funded PhD position than UK ‘home’ students will. This is largely because there are usually fewer funding opportunities available to international students, which as a result also attract significant competition.

Besides this, if you’re an international student studying in the UK you will most likely than not be on a Tier 4 visa. Although a Tier 4 visa will allow you to work to earn an additional income alongside any studentship you may have, there will be certain restrictions on what you can and can’t do. For example, during term-time, you won’t be allowed to work more than 20 hours per week. For a full list of restrictions, please refer to the government website.

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The official student newspaper of Vanderbilt University

The Vanderbilt Hustler

The official student newspaper of Vanderbilt University

COSKUN: We have a responsibility to pay graduate students more

Byline photo of Ferzan Coskun

During my hunt for an apartment this summer, I was hit with a brutal reality check: Nashville is already expensive and getting worse with each passing moment. Even with a $6,000 stipend, finding something that fit within my budget and left me with enough money to cover other expenses took weeks of searching. Even after finding an apartment that I could afford, I’m still spreading myself thin in many respects. This impossible quest for affordable housing got me thinking: With my stipend being the rough equivalent of two months’ pay for a graduate student, how do they fare under such conditions for 4-5 years? 

The answer is simple: They can, but it’s not sustainable. Per the MIT living wage calculator, the costs to cover the bare minimum expenses for a single adult in Davidson County amount to $42,718 per year. Yearly stipends for graduate students currently range from $34,000 to $38,000 depending on one’s department, leaving close to a $9,000 gap between what is considered a liveable wage and what graduate students are given. This leaves no room for graduate students to save or invest money. This then forces them to turn to loans when their resources run dry. 

This impossible quest for affordable housing got me thinking: With my stipend being the rough equivalent of two months’ pay for a graduate student, how do they fare under such conditions for 4-5 years?

Although still lacking in certain areas, peer institutions are doing better than Vanderbilt to ensure that doctoral students are fairly compensated. At Duke, for example, doctoral students are paid $40,000 for the academic year, which only creates a roughly $1,000 deficit to the $41,651 it takes on average to cover living expenses in Durham. Brown, on the other hand, does even better, offering stipends of $45,699, more than what is needed to cover the $41,095 required to live in Providence. 

In short, Vanderbilt isn’t doing enough. I recognize the progress we’ve made in increasing stipends these past few years, but the administration must also recognize that graduate students desperately need better wages. Additionally, much of Vanderbilt’s progress has come after efforts to unionize , which figures like Chancellor Daniel Diermier vehemently oppose . Those in his position often argue that unionization would pit the university and students against one another, but that is a problem that the school has uniquely fostered. When we don’t pay graduate students a liveable wage, collective bargaining and fighting against the university gives them a tried and true outlet to get what they want. We then find ourselves in an endless cycle where both groups continuously quarrel against each other in a near stalemate when it could all be avoided.

In short, Vanderbilt isn’t doing enough. I recognize the progress we’ve made in increasing stipends these past few years, but the administration must also recognize that graduate students desperately need better wages.

The easiest solution to avoid the perceived nightmare of unionization is to create inherently fair conditions in which graduate students can fend for themselves without the worry of being left in the dust. We saw this when Vanderbilt initially increased stipends. Although still insufficient, when the school listened to their needs, things undoubtedly got better. Salaries were increased, those in Peabody College who were previously paid substantially less than their peers in other schools were put on equal footing and resources supporting housing were put in place. But now, costs are on the rise again, and our students need more.  

Graduate students are the lifeblood and workhorses of a university. As TAs, they help us undergraduates when our professors can’t. As researchers, they contribute to the enormous body of work that Vanderbilt pushes out every year. They help create the greater diversity in terms of identity and background that makes this school such a special place. Vanderbilt wouldn’t survive without them, so it’s about time we compensate them accordingly.

  • Graduate Programs
  • graduate student

Ferzan Coskun

The official student newspaper of Vanderbilt University

  • Editorial board

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Health Care Access & Coverage

In Their Own Words

What Nurses Really Need is Better Staffing

The common strategies to raise nurse morale need an update , karen lasater, phd, rn, jane muir, phd, aprn.

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The following excerpt is from an op-ed that first appeared in  STAT News on May 10th, 2024.

Pizza. Coloring books. Goody bags. They could be activities at a 5-year-old’s birthday party. But they’re not: These are many employers’ attempts to lift the morale of nurses on the frontlines of chronically understaffed organizations. What nurses  really  want are better working conditions so they can deliver the best care possible to their patients.

As researchers at the University of Pennsylvania School of Nursing, we asked thousands of nurses why they are leaving their profession. Their answers are straightforward — short staffing is so rampant that the public’s health care is at risk.

The playbook of corporate health care asks nurses to do much with little, but nurses aren’t willing to skimp on quality and safety. There isn’t  a nursing shortage  — it’s nurses’ refusal to be part of a system that puts profits before safety.

In our study, which was  published in JAMA Network Open , nurses from hospitals, primary care, nursing homes, and hospice told us they left their jobs because of burnout, insufficient staffing, and poor work-life balance. Close to half of all retired nurses had an unplanned retirement, suggesting many were leaving their careers early.

Read the entire op-ed  here .

Karen Lasater

Associate Professor, Biobehavioral Health Sciences, Penn Nursing

Jane Muir

Postdoctoral Fellow, National Clinician Scholars Program and Center for Health Outcomes and Policy Research, Penn Nursing

More on health care access & coverage, bipartisan support grows to solve one of health care’s biggest problems.

Dually Eligible Americans on Medicare and Medicaid Are Getting the Attention They Deserve

  • Rachel M. Werner, MD, PhD

paid phd

Future Bundled Payment Models Need To Engage Physician Group Practices

Looking Forward, LDI Fellows Offer Their Perspectives and Expertise

  • Austin Kilaru, MD, MSHP
  • Aidan P. Crowley
  • Amol S. Navathe, MD, PhD
  • and Qian (Erin) Huang, MPH

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How Can We Improve Telemedicine for Patients with Gynecologic Cancer?

Fewer Than 30% of Patients Used Telehealth Even During the Pandemic

  • Chris Tachibana, PhD, MS

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Eileen Lake and Salimah Meghani Named to International Nurse Researcher Hall of Fame

Cited for Their Work’s Significant Impact on Nursing and Patient Care

  • Hoag Levins

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Doctors, Nurses, and Managers Received Wage Hikes After Medicaid Expansion While Lower-Paid Workers Did Not

Data From 46 States Suggests No Wage Gains Among Lower-Wage Health Care Workers

  • Miles Meline, MBE

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The Billing Bottleneck: How Medicare Advantage Insurers Use Prior Authorization 

Plans Often Disagree on Which Services to Review, New Study Shows  

  • Nadiyah Browning, MPH, PMP

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    Updated: February 6th, 2024. Fully funded PhD programs offer students seeking their doctor of philosophy degrees the ultimate experience. With the average cost of a PhD at nearly $100,000, students are able to focus on their studies without worrying about paying for their degrees or living expenses. Keep reading to learn about some of the top ...

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  8. How To Find a Fully Funded PhD Program

    Here's a step-by-step guide to follow to find the right fully funded Ph.D. program for your needs: 1. Search online using the right keywords. There are various resources online that compile this information and list what Ph.D. programs offer full funding opportunities. Using the right keywords, you might be able to find fully funded programs ...

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    grant toward tuition and fees—paid in full for years 1 through 4, plus the dissertation completion year, with a partially subsidized dental plan option available; living expense stipend during years 1 and 2; a combination of stipend, teaching fellowships, and/or research assistantships during years 3 and 4

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    Every PhD student receives a fellowship for the full cost of tuition, a stipend for living expenses, and paid health coverage, though the details of your funding package will differ depending on your academic program. On average, doctoral students receive more than $500,000 in tuition fellowships, stipends, and health premium benefits over the ...

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    The Steinhardt Fellowship Program. The standard Steinhardt Fellowship package includes an annual stipend, tuition remission for required course work, and student health insurance through your fifth year. The fellowship is reserved for full-time doctoral students. The 2024-2025 stipend is $33,867. Complete details are provided with each offer of ...

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  22. Paid PhD positions

    Paid PhD positions. In most countries, a doctoral candidate is considered a student who studies. But in the Netherlands, PhD candidates are traditionally researchers employed by a university to complete a dissertation or thesis. These job vacancies are posted online, and you will need to apply as if you would for any other job.

  23. PhD Salary in UK

    In the UK, PhD students can receive a stipend which varies between £15,000 and £18,000 per annum. As part of the studentship your stipend is provided under, your tuition fees will also be paid for. UK tuition fees will vary between universities but are approximately £4,500 per year for doctoral courses starting in 2021/22 as per the UKRI ...

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  25. COSKUN: We have a responsibility to pay graduate students more

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  26. What Nurses Really Need is Better Staffing

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