Financial Support for Graduate Students
All applicants to the PNB Graduate Program are automatically considered for financial support within the Department. There's no need to complete a separate application for financial assistance.
Graduate students are typically supported by a combination of departmental scholarships, research grants, training grants, external scholarships and teaching assistantships. For example, the minimum stipend for 2019-2020 is $23,226. Hamilton is affordable for students and thus the stipend affords a comfortable lifestyle. More details on financial support can be found on our PNB Graduate Student Handbook. We’ve highlighted a few key elements below, with specific links to the Handbook.
- Prospective students are strongly encouraged to apply for external scholarships in the autumn before they apply to the Department.
- All graduate students, if eligible, are expected to apply for external scholarships PNB graduate students with external funding receive the value of the external scholarship plus a departmental scholarship of $2,500 (2019-2020).
- The Department also provides the opportunity to apply for travel support to attend conferences. Please refer to our Graduate Travel section for more details.
- Students from outside Canada can receive either a supplementary departmental scholarship or a tuition differential waiver, which reduces their financial costs. In 2018 tuition for international graduate students in PhD programs at McMaster effectively became the same as domestic tuition rates.
- Health insurance is mandatory for all visa students and is provided through the University Health Insurance Plan (UHIP), at a current cost of $624 for one person. Please refer to the International Students section of the Graduate Handbookfor more details about tuition and fees.