Transitioning Between Funding

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

DecemberFull, 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

DecemberFull, beginning of Dec
$100
JanuaryHalf, 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.