Meliora Crest in Front of Rush Rhees

Simon supports you every step of the way.

Pursuing a doctoral degree is significant undertaking. Your focus should be on your growth, research, and goals exclusively. At Simon Business School we make that possible by supporting our students with a fellowship and healthcare for 5 years of study. Tuition and fees are paid in full for the duration of a student's enrollment. 

A program that sets you up for success.

The PhD Program is designed to be a rigorous full-time program. Simon provides generous financial support to all of our PhD students, and encourages them not to work outside of the University. There are no financial aid forms required to qualify for financial support.

Admitted PhD students qualify for full-tuition scholarship and an annual fellowship of $35,500, plus student health insurance for five years. Students also get a research budget and dedicated PhD spaces including recently renovated offices and a computer lab.

Here's what you need to know:

All students receive these benefits, so long as they remain in good academic standing.

Tuition Scholarship

While many financial aid and tuition options are additionally available, all Simon PhD students receive a full-tuition scholarship for all courses approved for their curriculum, so you can focus your efforts solely on your academic goals. 

Teaching and Research Assistantships

During years two through five of the PhD program, students are required to complete three teaching assistantships per academic year. These teaching assistantships are part of students' academic training as teachers and are included in their fellowship payment. Additional teaching assistantship and research assistantship work is also available for interested students.

Research Support

Each student will receive a research budget that can be used for academic needs such as publications, conference travel, software and data purchases, and more. Students receive additional funding annually.

Health Insurance

University-sponsored health insurance coverage is provided to all Simon PhD students at no cost to the student for five years. Students can choose to add dependents to their health insurance coverage at their own expense


Simon Business School offers an annual fellowship to all admitted students. The current fellowship is $35,500 annually for five years.

Additional Funding Sources

The University of Rochester offers several additional graduate student fellowships for which Simon applicants may qualify. Students who apply for admission to the graduate program are automatically considered for nomination to the Provost and Sproull University Fellowships. No additional application is required.

Students who choose to stay enrolled in the PhD Program beyond five years of study can receive support through grants with faculty, teaching courses, or by providing research support.