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xdrgnh
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So I got into some good top 20 Ph.D programs in theoretical physics and have received some generous stipends. Is it common to further augment my income by applying for external fellowships while I'm in graduate school?
xdrgnh said:So I got into some good top 20 Ph.D programs in theoretical physics and have received some generous stipends. Is it common to further augment my income by applying for external fellowships while I'm in graduate school?
"Mad Money" refers to the additional funds or stipend that is provided to Ph.D students in addition to their tuition and fees. This money is meant to cover living expenses and other costs associated with being a full-time student, such as books, housing, and transportation.
You can research the specific Ph.D program you are interested in and look for information on their website or contact the program directly to inquire about fellowship opportunities and the amount of "Mad Money" provided to students.
Each fellowship program may have different eligibility requirements, but typically students must be accepted into a Ph.D program and meet certain academic and financial need criteria. Some programs may also require students to maintain a certain GPA or fulfill certain duties, such as teaching or research assistantships, to receive "Mad Money".
While "Mad Money" is meant to cover living expenses, it is ultimately up to the student to decide how to use the funds. Some students may choose to use it solely for living expenses, while others may use it to cover additional costs related to their academic pursuits, such as attending conferences or purchasing equipment for research.
"Mad Money" is typically only provided to students who receive fellowships, as it is a form of financial aid. However, some Ph.D programs may offer additional funding or stipends to all students, regardless of whether they have a fellowship or not.