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ERIC Number: ED228974
Record Type: RIE
Publication Date: 1983-Apr-15
Pages: 120
Abstractor: N/A
Reference Count: 0
Support of Graduate and Professional Students.
Froomkin, Joseph
The budgets of graduate and professional students were estimated, and the way that students met these expenses were analyzed. The average expenses of a student in graduate school in 1980-1981 were estimated to be $8,990, while the estimate for professional students was $10,550. It was estimated that roughly 10 percent of the amount spent by graduate students was derived from fellowships and traineeships, and that another 30 percent was derived from stipends that required some work (i.e., teaching and research assistantships). Roughly a fifth of graduate students' budgets was financed by loans, and the remaining 40 percent or so came from student savings, other work, or parental aid. The question of who should pay for graduate education is addressed and two alternative rationales for support to predoctoral students are suggested: the need to maintain the nation's research capability, and extending federal responsibility for underwriting student expenses at the undergraduate to the graduate sector. In addition, several alternative aid approaches for graduate and professional students are described and costed, including the level of stipends and the number of fellowships and traineeships. (SW)
Publication Type: Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: National Commission on Student Financial Assistance, Washington, DC.
Authoring Institution: Froomkin (Joseph) Inc., Washington, DC.
Identifiers: College Costs; National Comm on Student Financial Assistance