University Of Toronto Increases Base Funding For PhD students
Study in Canada: One of the highest base funding packages of $40,000 per year comes into effect this fall at the University Of Toronto.
University of Toronto Canada has announced increased funding for PhD and SJD (doctor of juridical science) students. The increase in funding will be implemented across three campuses. It will help boost research outcomes by increasing the students' access to doctoral research opportunities, advancing equity, and alleviating students' financial stress.
While commenting on this, Trevor Young, U of T’s vice-president and provost said, “Our PhD students are at the heart of the University of Toronto’s success in driving cutting-edge research and innovation across disciplines. Their creativity, intellectual prowess and dedication are vital to the university’s mission of generating solutions to the most pressing challenges of our time."
“At the same time, financial pressures can have a detrimental impact on students’ well-being and ability to advance their research. By increasing our financial support, we hope to alleviate some of that pressure and improve the graduate student experience, ensuring that our programs can continue to recruit and retain the next generation of exceptional scholars," added Trevor Young.
The university has announced that from next fall, all incoming and current students in the funded cohort will get $40,000 in annual base funding package including tuition. The funding has been increased to provide PhD students support so that they can focus on the research and strengthen the university’s research enterprise. It will help the university to attract the top talent which can contribute to the economic growth and knowledge creation in Canada.
International Students Too Will Get Benefit
According to the university, approximately 2,800 students, which include both international and domestic PhD students, will see their funding increased this fall. Canada’s federal government has decided to significantly reinvest in the country's talent and research as governments across the world recognise that research is the key to economic innovation.
Tina Keshavarzian, a PhD candidate in the Temerty Faculty of Medicine's Department of medical biophysics said, “I have always loved U of T, and it has allowed me to excel in places that I could only dream of. However, many times I deeply struggled to balance my academic aspirations with the intense demands of living and studying."
Joshua Barker, vice-provost, graduate research and education & dean of the School of Graduate Studies said, “I want to acknowledge, the tremendous leadership from deans across the university. Increasing graduate funding for our PhD and SJD students is truly a collaborative effort, one that requires commitment from all our partners – graduate units, faculty members, the university advancement teams and the university’s senior leadership. Together, we can meet this challenge and provide the support our graduate students deserve.”
“PhDs are our most research-intensive degrees and the students who pursue them spend a lot of time at the university. Their work has helped make U of T the highest-ranked university in Canada and one of the world’s top research institutions – and a large number of our PhDs go on to work across Canada in both academia and the private sector, strengthening the country’s economy and innovation landscape," Barker added.
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