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Reply With QuoteYep. Not enough for a life of luxury, but enough for a life. I suggest taking out a loan and smoothing consumption since your expected future wage is high.
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The admissions letter mentions a fellowship in the 1st yr which combined with TA pay and grader pay puts the stipend up to $20k. But in yrs 2-5 no such fellowship is mentioned - does this mean we could expect more like $15-16k in yrs 2-5?
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Yep. Not enough for a life of luxury, but enough for a life. I suggest taking out a loan and smoothing consumption since your expected future wage is high.
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If only things were so simple as in the models.Originally Posted by Mankins
On another note, the rent is really cheap in Minneapolis, so $15 should (barely) suffice.
{Harvard, MIT, Chicago, .....}
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But this doesn't include summer appointments for years 2-5 right? So it could be higher?
Minnesota 2015!!
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Well the summer grader appointments (a little less than 2k) are pretty much offset by the small student fee + health insurance we have to pay ...
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