Hi guys, I have a PhD (Mechanical) admission offer, but the department has not offered any assistantship/ fellowship, although an advisor has been appointed. When I contacted the advisor about this, he said that he could offer partial funding, but could not specify any details, for the time being. So in the worst-case scenario (little or no aid), I may have to show liquidity for the entire course of the PhD. Assuming a minimum of 5 years (I do not have a master's degree), and the annual associated expenditure being close to nearly $50,000, I may have to prove available funds amounting to nearly $250k, which is ridiculous for a PhD candidate.
Any suggestions on how I could tackle this situation? Thanks!