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The chart below displays a hypothetical full monthly funding amount of $100. In this scenario, the fellowship payments on are the first schedule with 4 equal payments. Note that the monthly fellowship payment is higher because there are only 4 payments for a 4.5-month period.
Fellowship Payment Schedule 1 | Payroll Pay Check | Hypothetical Dollar Amounts | |
|---|---|---|---|
| December | Full, beginning of Dec | $112.50 | |
| January | $0 | ||
February | Half, beginning of Feb, payment for half of Jan | $50 | |
| March | Full, beginning of Mar, payment for full month of Feb | $100 |
Schedule 2
The second chart displays a hypothetical full monthly funding amount of $100. In this scenario, the fellowship payments on are the second schedule with 4.5 payments.
Fellowship Payment Schedule 2 | Payroll Pay Check | Hypothetical Dollar Amounts | |
|---|---|---|---|
| December | Full, beginning of Dec | $100 | |
| January | Half, beginning of Jan | $50 | |
| February | Half, beginning of Feb, payment for half of Jan | $50 | |
| March | Full, beginning of march, payment for full month of Feb | $100 |
Special Considerations for TA Payments
For those students working as a TA in two consecutive semesters you will receive two half-paychecks in February, one for the first half of January (fall semester) and one for the second half of January (spring semester) because the academic semester divides January in half. Expect February paychecks as described in the chart below.
| Fall Pay Check | Spring Pay Check | Hypothetical Dollar Amounts | |
|---|---|---|---|
| December | Full, beginning of Dec, payment for the full month of Nov | $100 | |
| January | Full, beginning of Jan, payment for the full month of Dec | $100 | |
| February | Half, beginning of Feb, payment for the first half of Jan | Half, middle of Feb, payment for the second half of Jan | $50 (1st of the month) $50 (around 15th of the month) |
| March | Full, beginning of Mar, payment for the full month of Feb | $100 |
Entering Bank Details
For nonpayroll payments, including fellowship payments, refunds, and reimbursements, complete the Electronic Funds Transfer (EFT)
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