Financial Assistance

Various forms of financial assistance are available to students who have been admitted to the Michael F. Price College of Business doctoral program. The following are among the most common sources of aid available:

 

Graduate Assistantships: Nine-month assistantships are awarded to students in return for their assistance in the mission of the College. Research Assistants help faculty on research projects and other professional activities. Teaching Assistants either instruct undergraduate courses or assist faculty with instruction. Assistants receive a stipend and are granted in-state tuition status. The current stipend is $15,300 for nine months. The Assistantships have a four-year term, conditional on the student making adequate progress in the program.

 

Graduate Foundation Fellowships in Business are available for nationally competitive students. The precise details of the fellowship package vary slightly depending on area of study. The package includes a Graduate Assistant stipend (see above), additional cash stipend of up to $5,300 per year, in-state tuition waiver, health insurance subsidy, and a $1,500 budget for program related travel. These fellowships are expected to be for a term of four years. The application deadline is February 1.

 

Barnett Fellowships of up to $5,000 per year are awarded to students on the basis of scholarly potential. Barnett Fellows also normally receive teaching or research fellowships.


Tuition Waiver Scholarships are awarded to Oklahoma residents with demonstrated scholarly potential.

 

Summer Financial Aid in the form of graduate assistantships is available to selected students.

 

Standard financial support package awarded to doctoral students in the Price College of Business who are:
residents of Oklahoma.
(2008-2009 Academic Year)

Standard financial support package awarded to doctoral students in the Price College of Business who are classified as:
non-residents or international.
(2008-2009 Academic Year)


(1) A one-half time graduate assistantship for the 2008-2009 nine month academic year. The initial graduate assistant appointment is for the period from August 15 through May 15 and pays a stipend of $15,300 for the nine month period. The stipend is paid in monthly payments with 1/2 month paid at the end of August and 1/2 month paid at the end of May. The stipend paid for a one-half time graduate assistantship is for 20 hours of work per week. The continuation of the assistantship beyond the first semester is contingent on your making satisfactory progress in our Ph.D. program and satisfactory performance of your assigned duties.

A one-half time assistantship also provides:

(2) a 7 (seven) hour waiver of resident tuition totaling $2,014.00 for the fall semester, and

(3) a 7 (seven) hour waiver of resident tuition totaling $2,014.00 for the spring semester,

(4) for all one-half time assistants, the University of Oklahoma subsidizes 100% of the lower plan student insurance cost. (Value = $775)

TOTAL ANNUAL VALUE: $20,103.00


(1) A one-half time graduate assistantship for the 2008-2009 nine month academic year. The initial graduate assistant appointment is for the period from August 15 through May 15 and pays a stipend of $15,300 for the nine month period. The stipend is paid in monthly payments with 1/2 month paid at the end of August and 1/2 month paid at the end of May. The stipend paid for a one-half time graduate assistantship is for 20 hours of work per week. The continuation of the assistantship beyond the first semester is contingent on the student making satisfactory progress in our Ph.D. program and satisfactory performance of assigned duties.

A one-half time assistantship also provides:

(2) a waiver of 9 (nine) hours of non-resident tuition and a 7 (seven) hour waiver of resident tuition totaling $4375.00 for the fall semester, and

(3) a waiver of 9 (nine) hours of non-resident tuition and a 7 (seven) hour waiver of resident tuition totaling $4375.00 for the spring semester,

(4) a waiver of 4 (four) hours of non-resident tuition for the summer totaling $1,497.00.

(5) for all one-half time assistants, the University of Oklahoma subsidizes 100% of the lower plan student insurance cost. (Value = $775)

TOTAL ANNUAL VALUE: $26,322.00

 

Living costs in the Norman area are among the lowest for towns with major universities. For instance, rent on University student apartments with 2 Bedrooms (Furnished) is $616.00 per month; 2 Bedroom (Unfurnished) is $580.00 per month. All utilities are paid by the University which means that there are no utility deposits to pay. All apartments include a telephone with local service and two voice mailboxes provided at $16 a month (included in the rates shown). Security deposit $75.00.

 

The Price College and its divisions offer some summer support on a competitive basis to outstanding students.