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Hello everyone, I have an important question regarding fellowships/awards. Please help me understand something. Lets say you are a psych PhD student at a funded program. Your supervisor pays you about $6,000 a year for research, you earn about $7,000 per year for TA work, and since your program is funded, your university pays about $7,500 for your yearly tuition. In the fall, you apply for a research grant such as the SSHRC or NSERC or CIHR. Your application is great and you are awarded one of these grants worth $10,000. Is this extra money that you get to keep, or is your supervisor now not required to pay you the $6,000? If so, do you get to keep the extra $4,000 or does your university now not have to pay for your full tuition? Please clarify how this works. What is the point of working hard to get these competitive awards if then you end up with the same amount of money as if you never received an award?
Now, what if the award you received is NOT a research grant award, but an award of $10,000 based on financial need. Is this money you get to keep or does it work the same way as the research grant awards? If someone could clarify, that would be very helpful!
Now, what if the award you received is NOT a research grant award, but an award of $10,000 based on financial need. Is this money you get to keep or does it work the same way as the research grant awards? If someone could clarify, that would be very helpful!