{"id":556,"date":"2023-05-02T00:10:07","date_gmt":"2023-05-02T00:10:07","guid":{"rendered":"https:\/\/dornsife.usc.edu\/econ\/?page_id=556"},"modified":"2026-02-24T18:46:48","modified_gmt":"2026-02-24T18:46:48","slug":"financial-support","status":"publish","type":"page","link":"https:\/\/dornsife.usc.edu\/econ\/doctoral\/financial-support\/","title":{"rendered":"Financial Support"},"content":{"rendered":"\n\n  \n    \n\n\n\n\n\n\n<div\n  class=\"cc--component-container cc--rich-text \"\n\n  \n  \n  \n  \n  \n  \n  >\n  <div class=\"c--component c--rich-text\"\n    \n      >\n\n    \n      \n<div class=\"f--field f--wysiwyg\">\n\n    \n  <p>Each student entering the PhD in Economics program is offered a five-year financial support package: two years of support via fellowship (years 1 and 5) and three years of support via graduate assistantships (years 2, 3, and 4). During the first year, each student will be on a fellowship and their financial support will be renewed yearly afterwards, contingent upon passing the Core Theory Examination and maintaining good academic standing.<\/p>\n<p>Effective AY2026-27, the five-year financial support package includes a $42,436 yearly stipend, health and dental insurance, and coverage of most mandatory university fees.<\/p>\n\n\n\n<\/div>\n\n\n  <\/div><\/div>\n\n\n\n\n\n\n          \n  \n    \n\n\n\n\n\n\n<div\n  class=\"cc--component-container cc--accordions \"\n\n  \n  \n  \n  \n  \n  \n  >\n  <div class=\"c--component c--accordions\"\n    \n      >\n\n    \n      <div class=\"header-container\">\n\n                  \n<div class=\"f--field f--section-title\">\n\n    \n  <h2>\n          Program &#038; Department Funding\n      <\/h2>\n\n\n<\/div>\n      \n      \n      \n    <\/div>\n  \n      <ul>\n              <li>\n          <button type=\"button\" class=\"accordion-trigger \" id=\"heading-1-1-EIhBIygNR0\" aria-controls=\"section-1-1-EIhBIygNR0\" aria-expanded=\"false\" aria-disabled=\"false\">\n                          <span class=\"item-title\">Graduate School Fellowship<\/span>\n            \n                      <\/button>\n\n          <div id=\"section-1-1-EIhBIygNR0\" role=\"region\" aria-labelledby=\"heading-1-1-EIhBIygNR0\" class=\"accordion-panel\">\n\n                            \n    \n\n\n\n\n\n\n<div\n  class=\"cc--component-container cc--rich-text \"\n\n  \n  \n  \n  \n  \n  \n  >\n  <div class=\"c--component c--rich-text\"\n    \n      >\n\n    \n      \n<div class=\"f--field f--wysiwyg\">\n\n    \n  <p>The Graduate School Fellowship is merit-based and supports two years of study, usually years 1 and 5. The other three years of study (usually years 2, 3, and 4) are supported via graduate assistantships (TAships or RAships). All who apply for admission to the PhD in Economics program are considered for the GS Fellowship. The GS Fellowship provides a monthly stipend and tuition,\u00a0up to 12 units for each fall semester and up to 12 units for each semester. The Graduate School Fellowship also covers health insurance and dental insurance fees.<\/p>\n\n\n\n<\/div>\n\n\n  <\/div><\/div>\n            \n                      <\/div>\n        <\/li>\n\n              <li>\n          <button type=\"button\" class=\"accordion-trigger \" id=\"heading-1-2-EIhBIygNR0\" aria-controls=\"section-1-2-EIhBIygNR0\" aria-expanded=\"false\" aria-disabled=\"false\">\n                          <span class=\"item-title\">Teaching Assistantship<\/span>\n            \n                      <\/button>\n\n          <div id=\"section-1-2-EIhBIygNR0\" role=\"region\" aria-labelledby=\"heading-1-2-EIhBIygNR0\" class=\"accordion-panel\">\n\n                            \n    \n\n\n\n\n\n\n<div\n  class=\"cc--component-container cc--rich-text \"\n\n  \n  \n  \n  \n  \n  \n  >\n  <div class=\"c--component c--rich-text\"\n    \n      >\n\n    \n      \n<div class=\"f--field f--wysiwyg\">\n\n    \n  <p>An annual teaching assistantship provides a student with a monthly stipend and covers tuition costs, normally up to 12 units for each fall semester, 12 units for each spring semester, and 12 units for each summer term\u00a0(if summer coursework is necessary).\u00a0Teaching assistants must be on campus before or by the first day of classes and must attend all the course&#8217;s lectures, hold office hours (at least three hours per week), as well as grade assignments and exams. TAs must remain in town until the final examinations have been graded. TAs work an average of 20 hours per week. First-time TAs must attend the mandatory Dornsife College TA Training the week before classes begin and attend the weekly TA Workshop offered by the Department. All new TAs must enroll in ECON 593x: Practicum in Teaching the Liberal Arts (2.0 units).<\/p>\n<p>Some international students must sit for an English proficiency test and be cleared to teach in order before working as a TA. Please contact the International Teaching Assistant (ITA) Coordinator at <span style=\"color: #ff9015;\"><a style=\"color: #ff9015;\" href=\"mailto:itstest@usc.edu\" target=\"_blank\" rel=\"noopener\">itstest@usc.edu<\/a><\/span> or (213) 740-0079 to schedule the exam or request an exemption. Based on test results, some international students may be required to take an American Language Institute (ALI) course in addition to other coursework and duties.<\/p>\n<p>RESOURCES<\/p>\n<ul>\n<li><span style=\"color: #ff9015;\"><a style=\"color: #ff9015;\" href=\"https:\/\/graduateschool.usc.edu\/current-students\/guidelines-and-forms\/\" target=\"_blank\" rel=\"noopener\">Handbook for Teaching Assistants (TAs), Research Assistants (RAs), and Graduate Assistant Lecturers (ALs)<\/a><\/span><\/li>\n<li><span style=\"color: #ff9015;\"><a style=\"color: #ff9015;\" href=\"https:\/\/cet.usc.edu\/\" target=\"_blank\" rel=\"noopener\">USC Center for Excellence in Teaching<\/a><\/span><\/li>\n<li><span style=\"color: #ff9015;\"><a style=\"color: #ff9015;\" href=\"https:\/\/graduateschool.usc.edu\/wp-content\/uploads\/2021\/02\/TA_RA_AL_Handbook_graduate_School.pdf\" target=\"_blank\" rel=\"noopener\">USC Dornsife Teaching Assistant Handbook<\/a><\/span><\/li>\n<\/ul>\n\n\n\n<\/div>\n\n\n  <\/div><\/div>\n            \n                      <\/div>\n        <\/li>\n\n              <li>\n          <button type=\"button\" class=\"accordion-trigger \" id=\"heading-1-3-EIhBIygNR0\" aria-controls=\"section-1-3-EIhBIygNR0\" aria-expanded=\"false\" aria-disabled=\"false\">\n                          <span class=\"item-title\">Research Assistantship<\/span>\n            \n                      <\/button>\n\n          <div id=\"section-1-3-EIhBIygNR0\" role=\"region\" aria-labelledby=\"heading-1-3-EIhBIygNR0\" class=\"accordion-panel\">\n\n                            \n    \n\n\n\n\n\n\n<div\n  class=\"cc--component-container cc--rich-text \"\n\n  \n  \n  \n  \n  \n  \n  >\n  <div class=\"c--component c--rich-text\"\n    \n      >\n\n    \n      \n<div class=\"f--field f--wysiwyg\">\n\n    \n  <p>Research assistants are usually hired by individual professors. The precise nature and pay for each research assistantship can vary. A full research assistantship provides a monthly stipend and covers tuition costs, usually up to 12 units per corresponding semester. An RAship also covers health insurance and dental insurance fees. Other mandatory fees are each student\u2019s responsibility to pay.\u00a0The Department, CESR, and\/or Schaeffer Center may advertise some RA positions during summer terms.<\/p>\n\n\n\n<\/div>\n\n\n  <\/div><\/div>\n            \n                      <\/div>\n        <\/li>\n\n              <li>\n          <button type=\"button\" class=\"accordion-trigger \" id=\"heading-1-4-EIhBIygNR0\" aria-controls=\"section-1-4-EIhBIygNR0\" aria-expanded=\"false\" aria-disabled=\"false\">\n                          <span class=\"item-title\">Conference Travel<\/span>\n            \n                      <\/button>\n\n          <div id=\"section-1-4-EIhBIygNR0\" role=\"region\" aria-labelledby=\"heading-1-4-EIhBIygNR0\" class=\"accordion-panel\">\n\n                            \n    \n\n\n\n\n\n\n<div\n  class=\"cc--component-container cc--rich-text \"\n\n  \n  \n  \n  \n  \n  \n  >\n  <div class=\"c--component c--rich-text\"\n    \n      >\n\n    \n      \n<div class=\"f--field f--wysiwyg\">\n\n    \n  <div class=\"panel panel-default\">\n<div id=\"collapseFive\" class=\"panel-collapse collapse in\" aria-expanded=\"true\">\n<div class=\"panel-body\">The Department has limited funding available to assist PhD students who are invited to present research papers at conferences or to participate in selective boot-camps\/workshops. Students must apply for funding before the conference or workshop takes place. This pre-approval and the reimbursable maximum rates\u00a0 are at the discretion of program and department leadership. As of July 2025, additional pre-approval from the supervising Dean or designee is also required.<\/div>\n<\/div>\n<\/div>\n<div>\n<p>Given the growing number of programs and activities taking place outside of the United States, the <a href=\"https:\/\/policy.usc.edu\/student-travel-abroad-destination-restrictions-and-crisis-management\/\">Student Travel Abroad \u2013 Destination Restrictions and Crisis Management<\/a> page outlines the responsibilities of students, faculty and staff engaged in the process of organizing and managing student travel abroad.<\/p>\n<p>All students are required to share information, sign travel release forms, and secure University-sponsored travel health insurance and International SOS coverage prior to travel through this process. USC PhD in Economics students performing research, attending conferences, or any other University-related activity should review the PhD Handbook for more information on action items required to remain in compliance with\u00a0<a href=\"https:\/\/policy.usc.edu\/student-travel-abroad-destination-restrictions-and-crisis-management\/\">USC policy for Student Travel Abroad<\/a>.<\/p>\n<\/div>\n<div class=\"panel panel-default\">\n<div id=\"collapseFive\" class=\"panel-collapse collapse in\" aria-expanded=\"true\">\n<div>\n<hr \/>\n<\/div>\n<h4 class=\"panel-body\">HOW TO APPLY<\/h4>\n<div>\n<p><strong>BEFORE\u00a0<\/strong>the conference or workshop takes place, students must take the following steps to obtain pre-approval for departmental funding:<\/p>\n<ol>\n<li>Discuss the paper you intend to submit and the relevant conference\/workshop opportunity with your PFA (Primary Faculty Advisor). If you do not have a PFA yet, discuss this with the DDS instead<\/li>\n<li><span style=\"text-decoration: underline;\">If<\/span> your PFA determines that the conference\/workshop is sufficiently well-regarded and that presenting your paper there will benefit your career, <span style=\"text-decoration: underline;\">then<\/span> apply<\/li>\n<li>Once you are invited to present, solicit a Memo of Support from your PFA. The memo should clearly indicate that your PFA vetted the conference\/workshop before you applied and that they firmly believed the opportunity is respectable and beneficial to your career<\/li>\n<li>Send all materials to the Staff Graduate Advisor, who will need to submit an Expenditure Request to the Dean on your behalf\n<ol>\n<li>\u00a0Who\/What\/Where\/When\/Why<\/li>\n<li>Budget breakdown of requested financial assistance<\/li>\n<li>PFA Memo of Support<\/li>\n<\/ol>\n<\/li>\n<li><span style=\"text-decoration: underline;\">If<\/span> approved, the Staff Graduate Advisor will forward you a copy of the Dean&#8217;s Expenditure Request Approval in writing<\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div>\n<hr \/>\n<h4>HOW TO RECEIVE GRANT FUNDS<\/h4>\n<div class=\"panel panel-default\">\n<div class=\"panel-heading\">\n<p><strong>AFTER\u00a0<\/strong>the conference or workshop takes place, students must do the following to request reimbursements for the pre-approved expenses:<\/p>\n<ol>\n<li>Gather supporting documents (PDF or image files only)\n<ul>\n<li>PFA&#8217;s Memo of Support<\/li>\n<li>Budget Breakdown<\/li>\n<li>Dean&#8217;s Pre-Approval<\/li>\n<li>Conference:<br \/>\nAgenda or program that\u00a0lists you as a presenter<\/li>\n<li>Workshop:<br \/>\n(i) Confirmation that your application to a competitive workshop was selected<br \/>\n(ii) Confirmation of your full participation in the workshop (e.g., certificate, workshop cohort website, etc.)<\/li>\n<\/ul>\n<\/li>\n<li>Gather travel receipts (PDF or image files only)<\/li>\n<li>Submit all files to the Department&#8217;s administrative team<\/li>\n<\/ol>\n<\/div>\n<\/div>\n\n\n\n<\/div>\n\n\n  <\/div><\/div>\n            \n                      <\/div>\n        <\/li>\n\n              <li>\n          <button type=\"button\" class=\"accordion-trigger \" id=\"heading-1-5-EIhBIygNR0\" aria-controls=\"section-1-5-EIhBIygNR0\" aria-expanded=\"false\" aria-disabled=\"false\">\n                          <span class=\"item-title\">Summer Support<\/span>\n            \n                      <\/button>\n\n          <div id=\"section-1-5-EIhBIygNR0\" role=\"region\" aria-labelledby=\"heading-1-5-EIhBIygNR0\" class=\"accordion-panel\">\n\n                            \n    \n\n\n\n\n\n\n<div\n  class=\"cc--component-container cc--rich-text \"\n\n  \n  \n  \n  \n  \n  \n  >\n  <div class=\"c--component c--rich-text\"\n    \n      >\n\n    \n      \n<div class=\"f--field f--wysiwyg\">\n\n    \n  <p>Limited Department funding is available for summer terms via the following sources:<\/p>\n<ul>\n<li>Outstanding TA Award<\/li>\n<li>Outstanding Second-Year Paper Award<\/li>\n<li>Outstanding Third-Year Paper Award<\/li>\n<li>Summer Research Award*<\/li>\n<\/ul>\n<p>*The announcement for Summer Research Awards is emailed to PhD students during the preceding spring semester.<\/p>\n\n\n\n<\/div>\n\n\n  <\/div><\/div>\n            \n                      <\/div>\n        <\/li>\n\n          <\/ul>\n  \n  \n\n  <\/div><\/div>\n\n\n\n\n\n\n      \n  \n    \n\n\n\n\n\n\n<div\n  class=\"cc--component-container cc--accordions \"\n\n  \n  \n  \n  \n  \n  \n  >\n  <div class=\"c--component c--accordions\"\n    \n      >\n\n    \n      <div class=\"header-container\">\n\n                  \n<div class=\"f--field f--section-title\">\n\n    \n  <h2>\n          Additional Funding Opportunities\n      <\/h2>\n\n\n<\/div>\n      \n                  \n<div class=\"f--field f--description\">\n\n    \n  <p>During the three years that students are on graduate assistantships (TAships or RAships), they can also apply for other fellowships and assistantships.<\/p>\n\n\n\n<\/div>\n      \n      \n    <\/div>\n  \n      <ul>\n              <li>\n          <button type=\"button\" class=\"accordion-trigger \" id=\"heading-1-1-yAajatccf7\" aria-controls=\"section-1-1-yAajatccf7\" aria-expanded=\"false\" aria-disabled=\"false\">\n                          <span class=\"item-title\">External Fellowships<\/span>\n            \n                      <\/button>\n\n          <div id=\"section-1-1-yAajatccf7\" role=\"region\" aria-labelledby=\"heading-1-1-yAajatccf7\" class=\"accordion-panel\">\n\n                            \n    \n\n\n\n\n\n\n<div\n  class=\"cc--component-container cc--rich-text \"\n\n  \n  \n  \n  \n  \n  \n  >\n  <div class=\"c--component c--rich-text\"\n    \n      >\n\n    \n      \n<div class=\"f--field f--wysiwyg\">\n\n    \n  <p>Staff in the Graduate School serve as coordinating officials for the National Science Foundation Graduate Research Fellowship Program, the Ford Foundation\u2019s Pre-Doctoral and Dissertation Completion Fellowships, the Mellon\/ACLS Dissertation Completion Fellowship, the U.S. Department of Education, Fulbright Hays Program, the John Randolph Haynes and Dora Haynes Doctoral Dissertation Fellowships, the Josephine De Karman Fellowships and the Dolores Zohrab Liebmann Fellowships.<\/p>\n<ul>\n<li><a href=\"http:\/\/awardsdatabase.usc.edu\/\" target=\"_blank\" rel=\"noopener\">USC Fellowships &amp; Awards Database <\/a><\/li>\n<\/ul>\n<p>PhD students applying for external fellowships that are \u201cinstitutionally limited,\u201d meaning that there is a limit placed on the number of students who can apply, or whose applications require the approval of a university official, should contact the Graduate School well in advance of any deadlines.<\/p>\n\n\n\n<\/div>\n\n\n  <\/div><\/div>\n            \n                      <\/div>\n        <\/li>\n\n              <li>\n          <button type=\"button\" class=\"accordion-trigger \" id=\"heading-1-2-yAajatccf7\" aria-controls=\"section-1-2-yAajatccf7\" aria-expanded=\"false\" aria-disabled=\"false\">\n                          <span class=\"item-title\">External Fellowship Boot Camp<\/span>\n            \n                      <\/button>\n\n          <div id=\"section-1-2-yAajatccf7\" role=\"region\" aria-labelledby=\"heading-1-2-yAajatccf7\" class=\"accordion-panel\">\n\n                            \n    \n\n\n\n\n\n\n<div\n  class=\"cc--component-container cc--rich-text \"\n\n  \n  \n  \n  \n  \n  \n  >\n  <div class=\"c--component c--rich-text\"\n    \n      >\n\n    \n      \n<div class=\"f--field f--wysiwyg\">\n\n    \n  <p>The <a href=\"https:\/\/graduateschool.usc.edu\/fellowships\/fellowships-for-phd-students\/\">External Fellowship Boot Camp<\/a> is an intensive writing workshop in which students prepare a funding application.<\/p>\n<p>In the fall, the Boot Camp is targeted to students pursuing the National Science Foundation, Graduate Research Fellowship Program and the Ford Foundation Pre-Doctoral Fellowship.<\/p>\n<p>In the Spring, Boot Camp is designed for advanced PhD students in the humanities and social sciences who will be applying for a variety of kinds of support.<\/p>\n\n\n\n<\/div>\n\n\n  <\/div><\/div>\n            \n                      <\/div>\n        <\/li>\n\n              <li>\n          <button type=\"button\" class=\"accordion-trigger \" id=\"heading-1-3-yAajatccf7\" aria-controls=\"section-1-3-yAajatccf7\" aria-expanded=\"false\" aria-disabled=\"false\">\n                          <span class=\"item-title\">Research Centers<\/span>\n            \n                      <\/button>\n\n          <div id=\"section-1-3-yAajatccf7\" role=\"region\" aria-labelledby=\"heading-1-3-yAajatccf7\" class=\"accordion-panel\">\n\n                            \n    \n\n\n\n\n\n\n<div\n  class=\"cc--component-container cc--rich-text \"\n\n  \n  \n  \n  \n  \n  \n  >\n  <div class=\"c--component c--rich-text\"\n    \n      >\n\n    \n      \n<div class=\"f--field f--wysiwyg\">\n\n    \n  <p>The following research centers at USC frequently hire budding economists to work as RAs:<\/p>\n<ul>\n<li><span style=\"color: #ff9015;\"><a style=\"color: #ff9015;\" href=\"https:\/\/label-laboratory.org\" target=\"_blank\" rel=\"noopener\">The\u00a0Los Angeles Behavioral Economics Laboratory (LABEL)<\/a>\u00a0<\/span>frequently invites PhD in Economics students to apply for fellowships\u00a0addressing NIH- and NSF-funded projects in experimental economics and neuro-economics.<\/li>\n<li>The\u00a0<span style=\"color: #ff9015;\"><a style=\"color: #ff9015;\" href=\"https:\/\/dornsife.usc.edu\/center-cafe\/\" target=\"_blank\" rel=\"noopener\">Center for Applied Financial Economics (CAFE)<\/a><\/span>\u00a0frequently invites PhD in Economics students\u00a0to apply for\u00a0fellowships.<\/li>\n<li>The<span style=\"color: #ff9015;\">\u00a0<a style=\"color: #ff9015;\" href=\"https:\/\/cesr.usc.edu\/\" target=\"_blank\" rel=\"noopener\">Center for Economic and Social Research (CESR)<\/a>\u00a0<\/span>frequently\u00a0seeks to hire research assistants.<\/li>\n<li>The<span style=\"color: #ff9015;\">\u00a0<a style=\"color: #ff9015;\" href=\"https:\/\/healthpolicy.usc.edu\/fellowship-programs\/\" target=\"_blank\" rel=\"noopener\">Schaeffer Center for Health Policy and Economics (Schaeffer Center)<\/a>\u00a0<\/span>frequently\u00a0invites\u00a0PhD in Economics students to apply for\u00a0fellowships\u00a0addressing health economics, and the center\u00a0frequently\u00a0seeks to hire research assistants.<\/li>\n<\/ul>\n\n\n\n<\/div>\n\n\n  <\/div><\/div>\n            \n                      <\/div>\n        <\/li>\n\n          <\/ul>\n  \n  \n\n  <\/div><\/div>\n\n\n  \n    \n\n\n\n\n\n\n<div\n  class=\"cc--component-container cc--spacer \"\n\n  \n  \n  \n  \n  \n  \n  >\n  <div class=\"c--component c--spacer\"\n    \n      >\n\n    \n\n  <\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":620,"featured_media":0,"parent":536,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-556","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 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