The University of Chicago will allocate nearly $50 million in additional funding over the next six years to doctoral students in the social sciences and humanities. Chicago’s announcement revealed a generous and very competitive level of support for PhD candidates in these fields. "Beginning this fall, a typical base aid package for incoming graduate students in those areas will be five-year support that includes tuition, health insurance, a $19,000 stipend per year to cover living expenses, and two summers of research support at $3,000 per summer. By the time the program is fully operational in six years, the University will be providing students with an estimated $13 million each year in new support." Chicago is hoping that the additional support will allow doctoral students to remain focused on their research and studies and shorten the time they are in doctoral programs.
Chicago is also allocating $1.5 million to provide University-paid health insurance to current doctoral students who have matriculated since 2003 for the balance of the first five years in their programs.
Inside Higher Ed’s "Upping the Ante" provides analysis and interpretation of Chicago’s move.