The university announced the increases Tuesday.
Princeton University announced Tuesday it will increase graduate fellowship and stipend rates by an average of 25%.Princeton University will increase graduate fellowship and stipend rates by an average of 25% — to about $40,000 — for doctoral candidates for the upcoming 10-month academic year, officials announced Tuesday.
Cole Crittenden, the acting dean of the Princeton Graduate School, called the increases “remarkable” in a news release. Princeton guarantees funding for its enrolled, degree-seeking Ph.D. candidates for all years of regular program enrollment, according to a release. Funding covers tuition and fees, plus a base stipend for estimated living expenses.The move comes just a little over two weeks after Columbia University’s graduate student workers reached awith the New York City-based school, after a 10-week strike. One of the deal’s features: a guaranteed minimum annual raise of 3%.
Hunter Wade York, a second-year Ph.D. student in sociology at Princeton, said the news brings “financial freedom and not feeling like I’m wasting earning opportunities by being in a Ph.D. program,” instead of working in an industry.The increases will also help many students with housing costs, York said, as the university is located in a particularly expensive market within the state.
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