Carly Rae Jepsen Posted June 24, 2018 Posted June 24, 2018 Hi everybody, So of course I know that this can vary for each university but typically: how often do grad students get paid? Monthly or bi-monthly? I have saved enough for my first month of rent and related expenses, but not enough yet for the second month. I was told that the first payment is due August 30, and it may be enough just to cover my rent but leaving me with no money for food and other expenses, unless the payment covers a whole month.
madamoiselle Posted June 24, 2018 Posted June 24, 2018 Typically monthly -- ask your department student advisor and they should give you the date of your first paycheck. Most people I know (myself included) get it around August 15th, or within the first week of classes! Carly Rae Jepsen 1
Eigen Posted June 25, 2018 Posted June 25, 2018 Grad school was every two weeks for me. I had friends that got paid a lump sum once a semester too-it’s really all over the place.
Sandmaster Posted June 25, 2018 Posted June 25, 2018 My master's was monthly, but my PhD (different universities) is every two weeks.
frenchlover Posted June 25, 2018 Posted June 25, 2018 1 hour ago, Eigen said: I had friends that got paid a lump sum once a semester too-it’s really all over the place. Wow -- I hope not! Aren't there large tax implications of getting one huge lump sum?
iwearflowers Posted June 25, 2018 Posted June 25, 2018 19 minutes ago, frenchlover said: Wow -- I hope not! Aren't there large tax implications of getting one huge lump sum? Based on the presentation my school had me sit through, the lump sum might put you in a different bracket but it doesn't affect the kind of income it's considered. That's determined by the kind of position you have (fellowship, assistantship, etc). I found this article really helpful: http://pfforphds.com/prepare-grad-student-tax-return/
ZeChocMoose Posted June 26, 2018 Posted June 26, 2018 When I was on a fellowship - I got a lump sum every semester which the school didn't withhold taxes. Since it was only two semesters, split over two tax years - thankfully I didn't get assessed a tax penalty when I filed for not estimating my taxes and paying them quarterly. If I had two semesters under the same tax year, I definitely would have had to pay a tax penalty. When I was a RA which was for the majority of the time, I was paid monthly during the fall and spring semesters and I was paid every two weeks over the summer. (I also could get paid for more than 20 hrs in the summer if I chose to work that much.)
CharlieR Posted June 26, 2018 Posted June 26, 2018 In my MA I got paid bi-monthly. Will get bi-monthly for the Ph.d. too, however as an international student I was told they needed more time to process my documents and will get my first check at the begining of October. This probably does not apply to you but I am sure this is something you can check with your department. Carly Rae Jepsen 1
Carly Rae Jepsen Posted June 27, 2018 Author Posted June 27, 2018 Thank you guys! It seems like it varies a lot. I emailed a current student and he told me they pay them monthly, which is a relief. I can afford September rent yay!
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