Transitioning Between Funding
Fellowships are paid at the beginning of a month for the coming month. By contrast, funding connected to work (Payroll) is paid at the end of a month, after you complete the work.
Fellowship payments typically come in one of two schedules. In the first, the fellowship for the 4.5-month fall semester is divided into four equal payments (Sept., Oct., Nov., Dec.). Your last fall scholarship payment will be paid at the beginning of December. In the second schedule, the fellowship for the 4.5-month fall semester is divided into 4.5 payments; the final payment will be half the amount of the monthly payments. You can ask the graduate coordinator which fellowship payment you are on.
Schedule 1
Your first payroll paycheck will be paid out at the beginning of February for half of January (beginning of spring semester). Because of the academic calendar, January 15th is the end of the fall semester and so the month of January is split in half. Your second payroll paycheck will be paid out at the beginning of March for the full month of February.
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 | |
|---|---|---|---|
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 |
Also note the transition with health insurance.