what does a phd pay

Highest Paying Doctorate Degrees [2024 Guide]

We’ve identified the 25 highest paying doctorate degrees. Compare salaries and job prospects.

Completing a PhD may open up doors in terms of career advancement. Plus, it may not take as long as you think to complete if you enroll in the shortest doctoral programs .

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The following list contains the highest paying doctorate degrees along with career outlook and job growth statistics.

25 Highest Paying Doctorate Degrees

All career statistics and salary data are provided by the U.S. Bureau of Labor Statistics .

Click on the area of study you’re interested in to jump to that section.

Aerospace Engineering

Chemical engineering, pharmacology, business administration, cybersecurity, electrical engineering, data science, biochemistry, information security assurance, biomedical engineering, information technology and computer science, occupational therapy, criminal justice, engineering, organic chemistry.

While all of these industries are growing, some provide better job prospects than others.

• Annual Median Salary (Bureau of Labor Statistics): $208,000
• Job Growth: 4%

One of the more specialized high paying doctorate programs is in immunology. Immunology is the study of disease prevention and immunity. Due to the specialized nature of the study here, jobs are typically well paid and much more specific.

A person who has studied immunology may be expected to work in research or academia but is also likely to land high-paying roles within the medical industry and at hospitals. The demand for this area of expertise is also rising faster than the average job growth, meaning there should be plenty of opportunities for graduates.

A PhD in immunology is a lot of hard work and is, therefore, suited to someone who already has considerable experience working in the medical industry. Those with an academic background in medicine should consider applying for an immunology program.

• Annual Median Salary (Bureau of Labor Statistics): $129,850
• Job Growth: 7%

Of the three main sciences, physics can be the one that is the most fruitful for taking a doctorate. People who take a PhD in physics are likely to land themselves a position as either a researcher or a professor.

There are also several other high paying positions that are possible for someone who takes this career path, including more specialized roles or becoming lead physicists and consultants.

Physics is also one of the job markets that is predicted to see a considerable amount of growth for the next 10 years. Pursuing a physics doctorate can be perfect for someone who already has experience in physics or someone who already has either a bachelor’s or master’s degree in the subject combined with some practical experience.

• Annual Median Salary (Bureau of Labor Statistics): $118,610
• Job Growth: 3%

Aerospace engineering is a field that would likely attract those who already have a background in either science or engineering. It is one of the fastest growing industries in the world, and demand for jobs is expected to increase as the years roll by. So the length it takes to get a PhD should be taken into consideration so you can quickly enter this field during its booming growth.

The doctorate focuses on the engineering of various different types of spacecraft and can be incredibly demanding. According to the Bureau of Labor Statistics, the salary potential for this field is as high as $171,220.

• Annual Median Salary (Bureau of Labor Statistics): $110,860

Math may not be the glamorous subject to study at doctorate level, but it can open up a wide range of potentially lucrative career options.

Math can allow students to work in various sectors of the economy and business, and they may also work in research or as a math lecturer or professor at a top university.

• Annual Median Salary (Bureau of Labor Statistics): $109,760
• Job Growth: 5%

Taking a doctorate in management can be a logical step in the career of someone who has a history of working in business, project management, or the economy as well as several other sectors.

Earning this doctorate can open up chief executive roles within companies and roles like chief operations officer and supply chain management. It may also lead to regional and national management roles.

• Annual Median Salary (Bureau of Labor Statistics): $108,540

Another engineering-based field that presents doctorate students with some big money career options is chemical engineering. The field combines a number of different disciplines, including all of the sciences, math, and statistics, as well as engineering.

It is a complex doctorate to take, but the rewards may be worth the effort, with the Bureau of Labor Statistics showing salaries up to $168,960 available in this field.

• Annual Median Salary (Bureau of Labor Statistics): $108,350
• Job Growth: 14%

One of the most popular PhDs to take is in economics. Economics is a social science that studies and theories about the production and consumption of goods and the effect that this has on society and the economy.

Taking a PhD in economics may open up a lot of doors. Working in the financial sector is usually lucrative, and a doctorate in economics can help give you an edge over competitors in what is a notoriously feisty industry. Top earners can make around $198,230 per year.

Economics analysis is a skill that is highly sought after, especially in the medical, legal, and education sectors.

While on the face of it, some people may believe that studying economics leaves you consigned to an office for the majority of your working life, the reality is that it can open up a lot of doors in a lot of different sectors. It may also provide you with a lot of travel opportunities and chances to meet new people.

A doctorate in economics may be perfect for someone who already has some experience in the field or for someone who has studied economics, math, finance, or business to a higher level and wants to take the next step in their academic and professional career.

• Annual Median Salary (Bureau of Labor Statistics): $107,270
• Job Growth: 6%

Pharmacology is big business these days, and taking a doctorate in the subject may lead to some lucrative opportunities. It is expected that someone who wants to study pharmacology will have a background in the subject with a master’s degree being heavily preferred.

There are a lot of pre-requisites for getting onto a pharmacology doctorate program, but the Bureau of Labor Statistics is showing salaries going as high as $164,980.

• Annual Median Salary (Bureau of Labor Statistics): $103,650

Getting a doctorate in business administration can open up a lot of doors. Students who end up taking their doctorate in business administration often end up working as leading and chief executives as well as entrepreneurs and financial advisors.

According to the Bureau of Labor Statistics, salaries for someone with a doctorate in this field can be as high as $208,000. It can be ideal for someone who has a background in business or economics who wants to take the next step in their career.

• Annual Median Salary (Bureau of Labor Statistics): $103,590
• Job Growth: 31%

As the world of IT continues to grow, so does the demand for more and more cybersecurity. The field is one of the fastest-growing in the world, and getting a doctorate in the subject may land you a range of different high paying jobs.

According to the Bureau of Labor Statistics, roles like IT managers can offer doctorates a salary of up to $208,000. This sector is also constantly growing, and as such, the demand and the salaries should continue to grow as time passes.

• Annual Median Salary (Bureau of Labor Statistics): $100,830

When it comes to job demand, electrical engineering is one of the safest career paths to go down. Electrical engineering has a huge impact on our day-to-day lives.

Most of our day-to-day electrical appliances exist as a result of electrical engineering, and taking a doctorate in the field may open the door to some pretty lucrative research and project management positions. It is advised that someone who takes a PhD in electrical engineering already have practical experience in the field.

• Annual Median Salary (Bureau of Labor Statistics): $98,490

A doctorate in education can open up a lot of different career options in that sector. A lot of doctors of education end up working in either research or in top positions at schools as principals and superintendents.

According to the Bureau of Labor Statistics, the average salary for someone working in education administration with a doctorate is around the $199,400 mark. A number of doctor of education programs do not require a dissertation .

• Annual Median Salary (Bureau of Labor Statistics): $98,230

Data is quickly becoming the most valuable commodity on the planet, and as such, the demand for data specialists and researchers is growing at an impressive rate.

Data science doctorates offer a gateway into these positions, and they usually come with some pretty high salaries. According to the U.S. Bureau of Labor Statistics, salary for a data scientist can go as high as $165,230, and with this field ever-expanding, the demand for these positions should continue to increase.

• Annual Median Salary (Bureau of Labor Statistics): $94,270

Biochemists study the chemical and physical makeup of living organisms. Due to the specialized nature of the subject, research positions in this sector typically pay incredibly well.

According to the Bureau of Labor Statistics, biochemist doctorates can start out at around $67,710 but can increase up to $169,860 or more. This doctorate may suit someone with a background in chemistry or some other science discipline.

• Annual Median Salary (Bureau of Labor Statistics): $92,870

Information assurance is a new discipline that has been created as a result of the times we live in. Information assurance is effectively another type of cybersecurity that is designed to protect people’s data from third parties and other potentially dangerous sources.

A background in any sort of computer or data-related field can be ideal for getting onto an information assurance course. Due to the increasing demand for data protection, jobs in this sector can be particularly lucrative, and the demand for these jobs is expected to increase as time rolls on.

The demand for experts in this industry is very high and is only predicted to grow over the next decade.

• Annual Median Salary (Bureau of Labor Statistics): $92,620

Biomedical engineering is becoming an incredibly popular field of research. It is an ever-growing and developing industry, and as such, the demand for expertise in the area is on the rise.

Getting a PhD in biomedical engineering is likely to secure you a lucrative research job for a university or a job in a hospital or the medical industry. According to the Bureau of Labor Statistics, an average salary in this field for a senior position ranges from $127,980 to $169,860.

• Annual Median Salary (Bureau of Labor Statistics): $92,270
• Job Growth: 35%

Statistics is one of the most versatile doctorates available today. Statistics are used in a wide range of different sectors, including finance, research, business, health care, government, and many others.

A doctorate in statistics can be ideal for someone who has a background in math or business. According to the Bureau of Labor Statistics, the top salary for someone working in statistics can be as high as $150,840.

• Annual Median Salary (Bureau of Labor Statistics): $91,250
• Job Growth: 11%

The world of IT is constantly growing, and as it does, the demand for experts grows with it. Getting a doctorate in information technology and computer science can be an incredibly lucrative career move, with the Bureau of Labor Statistics showing top earners taking home as high as $208,00.

The jobs that can be accessed, such as chief technology officers or research roles within the industry, tend to be incredibly well-paid. This doctorate attracts people who have backgrounds in IT-related fields, such as computer science or computer programming.

• Annual Median Salary (Bureau of Labor Statistics): $86,280
• Job Growth: 16%

For someone who already has experience working in occupational therapy, earning a doctorate in the field can be a huge benefit. Not only can it open the door for them to move up in the industry, but it can also expand their knowledge of the subject area.

It can provide them with theory-based research while also working on their leadership and management skills. According to the Bureau of Labor Statistics, occupational therapists holding a doctorate degree may reach a salary as high as $122,670.

The job growth for this doctorate is also incredibly high, which means it may be an excellent career path to enter in terms of job security.

• Annual Median Salary (Bureau of Labor Statistics): $86,110

The number of career options that are available to someone who has a doctorate in criminal justice is typically vast. Working as a criminologist, a criminal justice researcher, or a federal law agency admin can earn graduates a lot of money.

This course of study is best suited for someone who already has real-world experience working in the criminal justice or law sector.

• Annual Median Salary (Bureau of Labor Statistics): $83,160

Engineering jobs are almost always in demand, and while there are a lot of high paying jobs available for those who have an undergraduate or master’s degree, taking a doctorate in the field can really help you advance your career.

An engineering degree is already one of the highest paying associate degrees , highest paying bachelor degrees , as well as one of the highest paying masters degrees , but the doctorate can be perfect for someone who already has experience working in engineering and wants to take that next step in their career.

A director of engineering job title and other project management positions may offer some very high salaries, about $208,000 or more, according to the Bureau of Labor Statistics.

• Annual Median Salary (Bureau of Labor Statistics): $82,180

With the stigma around mental health finally disappearing, the demand for jobs in psychology is on the rise. While a normal degree or masters in psychology may allow you to get jobs as a psychiatrist or a psychologist, higher-paying positions can become available following a doctorate.

It may also open up roles in research and as a university lecturer in the subject. The doctorate is suited to someone who already has their masters in psychology or who has a significant amount of experience working in the field.

• Annual Median Salary (Bureau of Labor Statistics): $80,790
• Job Growth: 9%

Getting a degree in philosophy can potentially lead to a surprisingly lucrative career in research or working as a lecturer. The doctorate is suited for someone who wants to work in research and who has a background in philosophy or religious studies.

According to the Bureau of Labor Statistics, salaries in this field are around $80,790 per year working in a research role, and up to $180,360 for college professors.

• Annual Median Salary (Bureau of Labor Statistics): $79,300

Organic chemistry, perhaps more than any of the other sciences, can open up a lot of different career options for doctorates. As well as research and academic positions, someone who studies organic chemistry may be able to land a job in a number of different areas, including geology, the pharmaceutical industry, and engineering.

Organic chemistry is a notoriously difficult subject to study, though, so it is vital that you have a solid background in chemistry and some work experience before attempting to join the program. According to the Bureau of Labor Statistics, salaries can go as high as $139,650 in this field.

• Annual Median Salary (Bureau of Labor Statistics): $69,000
• Job Growth: 2%

A doctorate in English can open a range of different academic doors for potential students. A PhD in English may be perfect for someone who already has an academic background in the subject and can also be perfect for qualified teachers and writers looking to take the next step in their career.

According to the Bureau of Labor Statistics, a doctorate in English may qualify you for a potential career in a lecturing position with salaries as high as $180,360, as well as positions within the publishing industry.

What Are the Different Types of Doctorate Degrees?

There are six common types of terminal degrees.

• Doctor of Philosophy (Ph.D.) – Traditionally reserved for those who want to remain in the world of academia, Ph.D. degrees focus on maximizing your ability to impart this advanced knowledge to incoming students. Outside of teaching, Ph.D. candidates also focus on pushing the limits of research and theoretical study within their chosen fields.
• Doctor of Business Administration (DBA) – The DBA experience is all about turning your terminal research in the areas of finance, marketing, accounting, and other related fields into applicable real-world skills. DBA graduates traditionally work in the corporate sector as executive officers and other ranking members of various managerial teams.
• Doctor of Psychology (PsyD) – PsyD students aim to provide clinical services within a wide range of settings, including group, familial, medical, scholastic, and even corporate environments. Earning this degree can give you the power to serve as a practicing clinician or specialized counselor.
• Doctor of Education (EdD) – Capturing an EdD degree is the first step toward a leadership role within the corporate and administrative side of the education field. Working as a principal, district supervisor, or even regional superintendent all fit into the professional path of this degree.
• Doctor of Social Work (DSW) – If you’re interested in educating others on the best practices and leading theories of modern social work and community interaction, then a DSW program could be your option. Holders of this degree research and educate others in the social work field via hands-on training in the classroom and the office, as well as provide answers and guidance in unique or exceptional social issue cases.
• Doctor of Public Health (DPH) – Like most of the other degrees in this review, earning a DPH is all about the desire to lead others in a chosen workplace environment. In this case, that means maintaining residency as an administrator or public health coordinator at a hospital or a similar clinical setting.

The type of doctorate degree you will want to earn depends on your career goals and primarily whether you want to teach the subject or continue working in your field.

Campus or Online: Which One Is Right for You?

It’s no big secret that whichever doctorate route you choose, you will most likely be rewarded for your hard work and research via ample compensation. However, you can make this process a little easier on yourself by focusing on a path – either online or on-campus – that suits your unique needs and daily requirements.

While the appeal of the traditional college experience is the major selling point for the on-campus approach, working on your degree from home is a flexible alternative that can shape and mold itself to your current personal and professional schedule by allowing you to work on your research and coursework at your own pace.

Adding in that these doctorate programs often waive Graduate Record Examination (GRE) minimum scores based on your GPA, as well as reduce or completely remove residency requirements, is further proof that this approach is at least worth your consideration as you plan out your academic future.

Questions Related to Earning a Doctorate

Here are our answers to a few more questions you might have.

How Much Do PhD Graduates Earn?

PhD Graduates make on average close to $100,000, with some job positions paying nearer the $70,000 mark and others going well about $208,000 (Bureau of Labor Statistics).

There may be some who question whether it is worth taking the time to invest in a PhD. Doctorate programs require a lot of time and effort, but studies suggest that PhD students typically earn more and find it easier to attract higher-paying jobs than those with just an undergraduate or a master’s degree.

What Are the Highest Paying Degrees?

A lot of degrees can lead to well-paying jobs. The more specialized a degree is in a certain field, the higher the chances are that it will be well paying. These degrees currently tend to be those in the engineering sector, as these are the ones that offer the most in-demand jobs.

What Is the Highest Paying PhD Degrees?

Once again, this one will depend on how specialized your PhD is and how in-demand that expertise is at a given time. Engineering PhDs tend to be evergreen, while there is an increasing demand for those with PhDs and knowledge in computer science and other IT related subjects.

PhDs usually provide those who have them with a lot of the highest paying jobs opportunities.

Are There Any Degrees Higher than a PhD?

No, there are no higher degrees than a PhD.

A PhD, also regularly referred to as just a doctorate, is as high as you can go academically. It is a specialized research doctorate that demonstrates a high level of expertise in a field. Most people who obtain their PhD tend to stay on at universities as either a member of a research team or as a lecturer.

Do you need a masters to get a PhD ? While many PhD programs require you to earn a masters first, it is possible to earn your PhD without having earned a masters. These are the direct entry bachelor’s to PhD programs offered by some universities.

Getting Your Doctorate Degree

It is important that you take the time to do your research into what doctorate will help your career the most. Once you have done this, you can begin to find the right university and program for you and begin the next step in your academic and professional career.

Now that you understand your career prospects and doctorate opportunities, it’s time to lay out the blueprint for a successful future.

Outside of conducting research on each of the areas that interest you, feel free to use the search tool below to find accredited universities that offer online doctoral programs in your chosen field.

When paired up with the rest of what you’ve learned here, there’s nothing that can stop you from finding the right school – and program of study – to fit your personal and professional goals moving forward.

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How To Pay For A Ph.D.

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Updated: Jan 25, 2024, 12:13pm

If your heart is set on earning a Doctor of Philosophy (Ph.D.) degree, you’ll join an elite club. In the United States, only 4.9 million people—about 2% of adults—hold a Ph.D. or other doctoral degree.

A Ph.D. can lead to a significantly higher salary. According to The College Board, the median earnings for those with doctoral degrees was $120,700, 38% more than the median for those with master’s degrees.

However, earning a Ph.D. can be an expensive endeavor. To avoid racking up too much debt, learn how to pay for a doctorate with grants, scholarships and other sources of financial aid.

What Does a Ph.D. Cost?

If your goal is to earn a Ph.D., be prepared for a significant investment of both time and money. Depending on the type of university you choose and your program, a Ph.D. usually takes three to five years to complete. If you attend school part-time, it can take even longer.

According to the National Center for Education Statistics (NCES), tuition and fees cost, on average, $20,513 for the 2021-2022 academic year, so you’ll spend anywhere from $61,539 to $102,565 to complete a Ph.D. program. In addition, you’ll need to account for about $16,000 to $20,000 per year in added costs, such as room and board, supplies and other fees.

That total is on top of what you spent on a bachelor’s and master’s degree, so your education will likely cost well into the six figures. With such a high cost, it’s no surprise that many Ph.D. earners have substantial student loan balances.

7 Ways To Pay For a Ph.D.

Ph.D. costs can be significant, but a variety of financial aid opportunities can make the price tag more manageable. Paying for a Ph.D. is possible using the following options:

1. Fully Funded Ph.D. Programs

Fully funded Ph.D. programs typically cover the cost of tuition and fees, and they also provide a monthly stipend for living expenses and health insurance. Some examples of fully funded Ph.D. programs include:

• Boston University . Attendees of Boston University’s Charles River Campus can take advantage of a fully funded model. The program includes 100% tuition coverage, a health insurance credit and a living expense stipend. Depending on your program, the stipend ranges from $27,318 to $40,977 per year.
• Duke University . At Duke University, Ph.D. students are guaranteed five years of tuition and living stipends and up to six years of full health and dental insurance coverage. The amount of financial support varies by program and stipend amounts range from $2,538 to $3,217 per month.
• Massachusetts Institute of Technology (MIT) Sloan School of Management . MIT’s fully funded Ph.D. program covers students for up to five years. The program pays for the full cost of tuition and provides students with a monthly stipend of $4,497, student medical insurance and a new laptop. Students also receive up to $4,500 for travel and conferences.

Not all universities offer fully funded Ph.D. programs, and existing programs are highly competitive. For example, the Stanford University Department of Political Science Ph.D. program selects 12 to 15 students per year.

2. Ph.D. Fellowship Programs

A fellowship program provides students with financial support so they can focus on their academic work. Issued based on the student’s academic merit or research achievements, fellowships may or may not have a service requirement attached.

Fellowships can come from universities, nonprofit organizations or government agencies. For example:

• American Psychological Association (APA) Doctoral Fellowship in Health and Substance Abuse Services . The APA fellowship is for full-time doctoral students who are committed to working in behavioral health. It provides up to three years of financial support, and the stipend amounts vary by year and program.
• Cornell Fellowship . Cornell University operates several fellowship programs. The Cornell Fellowship pays for one academic year of tuition, fees, health insurance and a stipend.
• U.S. National Science Foundation (NSF) Graduate Research Fellowship Program . The NSF Graduate Research Fellowship Program is a five-year fellowship that gives students three years of financial support. The fellowship includes an annual stipend of $37,000 and pays up to $16,000 per year in tuition and fees.

You can search for fellowship opportunities through the ProFellow database .

3. Doctoral Scholarships

Scholarships are available to Ph.D. students, and these merit-based awards can come from nonprofit organizations, private companies, states and government agencies. The award amounts vary, ranging from smaller awards that may only cover incidental expenses to more substantial awards of $20,000. For example:

• Accounting Doctoral Scholars Program . Certified public accountants (CPAs) intending to earn a Ph.D. in accounting can qualify for up to $20,000 through the Accounting Doctoral Scholars Program.
• American Library Association (ALA) Century Scholarship . The ALA Century Scholarship gives up to $2,500 to library school students with disabilities pursuing a doctoral degree.
• Washington State American Indian Endowed Scholarship . In Washington, Native American students can receive $500 to $2,500 to pay for their education at an eligible school within the state.

You can search for additional scholarship opportunities with tools like FastWeb or Scholarships.com .

4. Ph.D. Grants

Unlike scholarships, grants are usually awarded based on the student’s financial need. Ph.D. grants can be issued by states and nonprofit organizations. For example:

• José Martí Scholarship Challenge Grant Fund . This grant, issued to Hispanic students in Florida, is both need-based and merit-based. Eligible recipients can receive up to $2,000 per year.
• Organization For Autism Research Graduate Research Grant . Doctoral candidates conducting autism research can qualify for a grant of $2,000.
• Virginia Tuition Assistance Grant Program . Virginia residents attending an eligible university can receive between $5,000 and $12,500 per year in financial assistance.

You can find Ph.D. grant opportunities through your state education agency or CareerOneStop .

5. Employer Reimbursement

If you’re currently working full- or part-time, your employer may be willing to help with some of your education expenses. According to the Society for Human Resource Management, 48% of employers offer tuition assistance or reimbursement benefits.

Contact your human resources department to find out if tuition reimbursement is available and what you need to do to qualify for the benefit.

6. Federal Student Loans

Depending on the other financial aid you qualify for, you may need to borrow some money to cover your remaining expenses. Federal student loans are a good starting point since they have more borrower protections than other options, and you may qualify for loan forgiveness later on based on your employment.

Ph.D. students may qualify for either direct unsubsidized loans or grad PLUS loans. Unsubsidized loans have lower interest rates but have annual and aggregate borrowing maximums that your program may exceed. If that’s the case, you can use grad PLUS loans to pay for your remaining expenses.

To apply for federal loans, fill out the Free Application for Federal Student Aid (FAFSA) and contact your university’s financial aid department.

7. Private Student Loans

If you aren’t eligible for federal loans or need to borrow more than the federal limits allow, private student loans are another way to pay for your Ph.D. Private loans come from banks, credit unions and other lenders, and your loan eligibility is based on your credit, income and whether you have a co-signer (someone who agrees to repay the loan if you miss payments).

If you have excellent credit, you could qualify for private loans with lower rates than you’d get with federal loans, and private student loans can have terms as long as 20 years.

If you decide to take out a private loan, compare quotes from several lenders offering loans for Ph.D. programs. Consider the rates, terms and overall repayment costs to find the best loan option.

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PhD, Professor, and Postdoc Salaries in the United States

The United States is home to several of the world’s best universities making it a top destination for international researchers. Here’s a breakdown of the most common American job titles and their associated average annual salaries. All salary statistics in this article are in American Dollars (USD) and are pre-tax.

PhD Student

A Master’s degree is not always required to do a PhD in the US. Several top universities offer direct entry PhD programs. An American PhD begins with two to three years of coursework in order to pass qualifying exams. During this time doctoral students are able to develop their research interests and hone in on their thesis topic. They will then write a thesis proposal which must be approved before they can start their dissertation. Most programs require PhD students to gain two to three years of teaching experience as well, either by leading their own class or as teaching assistants for a professor. It takes an average of six years to earn a PhD in the US.

Unlike some European countries, there is no mandated minimum salary or national salary scale for PhD students in the US. PhD students ear n between $ 15,000 and $30,000 a year depending on their institution, field of study, and location. This stipend can be tax-free (if it is a fellowship award) or taxable (if it is a salary e.g from a teaching position). American PhD students are usually only paid for nine months of the year but many programs offer summer funding opportunities. A PhD funding package will also include a full or partial tuition waiver.

After earning a PhD, many researchers go on to a postdoc. A postdoc is a continuation of the researcher’s training that allows them to further specialize in a particular field and learn new techniques. Postdoc positions are usually two to three years and it is not unusual to do more than one postdoc. There is no limit on the number of years you can be a postdoc in the US. The average salary (2023 ) for postdocs in the US is $61,143 per year.

A lecturer is a non-tenure-track teaching position. They often have a higher teaching load than tenure track-faculty and no research obligations. These positions are more common in the humanities or as foreign language instructors. Lecturers hold advanced degrees, though not always PhDs. The average salary for a full time lecturer in 2021-2022 according to the American Association of University Professors was $69,499.

Assistant Professor

This is the start of the tenure track. An assistant professor is responsible for teaching, research, and service to the institution (committee membership). Assistant professors typically teach two to four courses per semester while also supervising graduate students. They are also expected to be active researchers and publish books, monographs, papers, and journal articles to meet their tenure requirements. The average salary for assistant professors in 2021-2022 was $85,063 according to the American Association of University Professors . 

Associate Professor

An assistant professor who has been granted tenure is then promoted to an associate professor. An associate professor often has a national reputation and is involved in service activities beyond their university. The average salary for associate professors in 2021-2022 was $97,734 according to the American Association of University Professors . 

This is the final destination of the tenure track. Five to seven years after receiving tenure, associate professors go through another review. If they are successful, they are promoted to the rank of professor (sometimes called full professor). Professors usually have a record of accomplishment that has established them as an international or national leader in their field. The average salary for professors in 2021-2022 according to the American Association of University Professors was $143,823. 

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Ph.D.s That Pay: The 15 Highest Paying Doctoral Degrees

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What are the highest paying doctoral degrees ? Despite stories of candidates being “overqualified” for job openings, or potential employers passing over applicants with “useless” degrees, Ph.D. holders have the lowest average unemployment rate of any level of educational attainment.

Generally speaking, gaining more years of higher education is almost always good for your earnings potential!

Short of professional degrees (which include Doctors of Medicine and Juris Doctors, or lawyers), Ph.D.’s also earn the most over their lifetime when compared to other degree types. Take a look at the highest-paying doctoral degrees!

Additional Resources: America’s Most Popular PhD Degrees

The Highest Paying Doctoral Degrees

Now that we’ve covered the important factors that affect Ph.D. earnings (including industry and location of employment), let’s take a look at what specific highest-paying doctoral degrees are available on a national level.

We’ve looked at over 50 of the most common doctoral degree programs in terms of early career earnings, mid-career salaries, and “maximum” earnings. While there are obviously outliers with Ph.D. programs in many of these fields, “maximum” career earnings were taken by noting the earnings of the top 10% of earners with the degree in question, or the average salary for degree holders with the degree in a single city, whichever is greater.

Below we’ve ranked the highest paying doctoral degrees by their “maximum” salaries.

Ph.D. in Statistics

Statisticians utilize statistical analysis to aid in decision-making and product development in a wide range of industries. Commonly employed in business, health care, government roles, think tanks, technology, and non-profits, statisticians are in high demand among organizations that intake enough data to require statistical analysis.

Most statistician jobs require a master’s degree, so obtaining a doctoral degree in statistics helps statisticians to stand out even more in this sought-after profession. It’s noteworthy that doctorate degrees in statistics have one of the highest starting salaries of doctorate degrees surveyed. Their “maximum” salary, however, is slightly lower than the remaining professions in our ranking.

• Average Early Career Salary: $58,310
• Average Mid-Career Earnings: $67,230
• ‘Maximum’ Earnings: $78,760

SEE : DOCTOR OF STATISTICS (PH.D. STAT.) SALARY AND INFORMATION

Ph.D. in Biomedical Engineering

As populations age and health care becomes more reliant on big data and technology, Biomedical Engineering stands to play a more and more central role in healthcare solutions.

In fact, the Bureau of Labor Statistics notes that Biomedical Engineering roles are expected to increase by more than 5% in the next seven years. Presently a doctoral degree in Biomedical Engineering stands as the primary way to become involved with research in biomedical research.

Often paired with an M.D., some medical device makers who also practice as medical doctors make substantially more than the maximum salary listed below. Just looking at the Ph.D. in the subject, however, the most common job description includes designing, studying, or improving biomedical devices.

Common locations of employment for biomedical engineering include hospitals, consulting firms, research groups, university settings, and manufacturing companies. It’s worth noting that while early-career average earnings are on the lower end of our list, by mid-career, Ph.D.’s in biomedical research are farther into the pack.

• Average Early Career Earnings: $62,647
• Average Mid-Career Earnings: $70,619
• ‘Maximum’ Earnings: $88,164

SEE: DOCTOR OF BIOMEDICAL ENGINEERING (BME PH.D.) SALARY AND INFORMATION

Ph . d. in im munology.

Immunologists are medical researchers (and for those with M.D.s, practicing physicians) who focus on disease immunity. For those holding Ph.D.s in Immunology, common work settings include teaching in universities, research in universities or hospitals, policy-related roles, or research in public and private labs.

While dual M.D.s and Ph.D.s are often required to pursue research on your own as an immunologist, just one of these two degrees focused on immunology is required to obtain a position in public and private research settings.

Since 2004, there has been a widespread shortage of immunologists across the nation. This has led to 10%+ additional vacancies in job openings each year over the last decade. This has been reflected in the rising income of immunologists.

When looking at early, mid, and maximum salaries for immunologists, it’s of note that those holding both Ph.D.s and M.D.s stand to make substantially more than those with “just” a Ph.D. in the discipline.

• Average Early Career Salary: $248,453
• Average Mid-Career Earnings: $276,843
• ‘Maximum’ Earnings: $368,422

SEE: DOCTOR OF IMMUNOLOGY SALARY AND INFORMATION

Ph.d. in pharmacology.

Pharmaceuticals are big business, and pharmaceutical researchers are on both the front line with patients in need and scientific endeavors expanding the field. Those who pursue Ph.D. in pharmacology (a distinct degree from a Pharm.D.) are expected to have a master’s degree in related material.

Doctor of Pharmacy degrees, on the other hand, are shorter programs requiring 60-90 credit hours of prerequisites at the undergraduate level.

Pharm.D. programs prepare students for being pharmacists, while Ph.D.’s in pharmacology prepare students for research and instruction roles. While entry-level earnings are lower for Ph.D.s than Pharm.D’s, Ph.D.s can earn significantly more in research roles by their mid and late-career.

• Average Early Career Earnings: $112,065
• Average Mid-Career Earnings: $118,979
• ‘Maximum’ Earnings: $133,394

SEE: BEST ONLINE SCHOOLS FOR DOCTOR OF PHARMACY (PHARM.D.)

Ph.D. in Electrical Engineering

Electrical engineers are some of the most versatile engineering types, finding employment in aviation, consumer goods, technology, transportation, logistics, and a wide range of other industries. While most forms of electrical engineering already provide a steady and well-compensated gig for life, Ph.D.s in electrical engineering are highly sought after.

While a Ph.D. in electrical engineering may still do some engineering work (some will work exclusively on topics they have specialized in) many hold advanced degrees in engineering instead of supervising teams.

For roles like chief technology officer, head of product, staff research engineer, project expert, and director of research and development, having a doctorate degree in electrical engineering may help candidates to stand out in extremely competitive fields. Additionally, moving up the corporate ladder that far increases pay far beyond that of “run-of-the-mill” engineers.

For the top 10% of earners holding a Ph.D. in electrical engineering, over $78,000 in compensation is the norm, often ranging much higher depending on the role performed.

• Average Early Career Salary: $73,027
• Average Mid-Career Earnings: $77,006
• ‘Maximum’ Earnings: $88,708

SEE: DOCTOR OF ELECTRICAL ENGINEERING (D.E.E.) SALARY AND INFORMATION

Ph.d. in clinical psychology.

Ph.D.s in clinical psychology have a wide range of career paths to choose from. For those looking to practice clinical psychology, a 1-year externship program is often required, where students obtain experience working with patients. Ph.D.s will also often specialize in one area. Common areas include health psychology, child psychology, and neuropsychology.

Additionally, Ph.D.s in clinical psychology may elect to work in case management roles, as supervisors in treatment centers, in hospital settings, in education, in corporations, or in research settings.

This wide range of occupational settings creates quite a disparity between early-career earnings and the earnings of the upper 10th percentile of clinical psychologists, as one can see below. With this range of roles one can pursue with a Ph.D. in clinical psychology, however, comes great freedom.

This versatile degree can help those in need, advance the study of the human mind, enhance corporate efficiency, or help in the education of the next generation of psychologists.

• Average Early Career Earnings: $46,400
• Average Mid-Career Earnings: $79,800
• ‘Maximum’ Earnings: $138,600

SEE: DOCTOR OF CLINICAL PSYCHOLOGY (CLINPSYD) SALARY AND INFORMATION

Ph.d. in aerospace engineering.

Ph.D.s in Aerospace Engineering is one of the few sub-discipline degrees among doctoral engineering choices. While there are many Ph.D.s that may help you advance in aerospace engineering fields (physics, other engineering degrees, natural sciences, and so forth), aerospace engineering Ph.D.s often spend additional time diving into research on one subsystem of aerospace technologies.

For example, sensors, payload analysis, failure analysis, and so forth. With that said, a Ph.D. in any engineering discipline often provides a framework through which recipients can address any engineering problem.

And — even if not initially — many Ph.D.s in aerospace engineering find themselves working in other engineering fields, running their own companies, or moving into management. As one may expect, aerospace can be quite a lucrative field and includes employers such as NASA, defense contractors, branches of the military, airlines, vehicle manufacturers, telecommunications companies, and research opportunities at universities.

• Average Early Career Salary: $67,093
• Average Mid-Career Earnings: $74,236
• ‘Maximum’ Earnings: $84,112

SEE: Doctor of Aerospace Engineering (Ph.D. AE) Career Guide: Salary and Degree Info

Ph.d. in engineering.

Ph.D.s in engineering are research-based degrees that focus on engineering at a theoretical level and prepare the recipient for either a role as a researcher or university instructor or industry work.

A similar doctorate of engineering degree is also a research degree (unique among professional degrees) and is similar in many ways to Ph.D. in engineering save for a higher focus on industry applications.

Ph.D.’s in engineering are some of the most versatile engineering degrees at the doctoral level. However, they may require time for the recipient to gather domain-specific knowledge (say, engineering related to wind tunnels, power plants, or aircraft).

This is evidenced by the growth in salary from entry-level through the highest 10% of earners in which engineering Ph.D.’s can nearly double their salary.

• Average Early Career Earnings: $69,140
• Average Mid-Career Earnings: $121,830
• ‘Maximum’ Earnings: $174,530

Ph.D. in Chemical Engineering

Chemical engineering is a multidisciplinary field utilizing physics, chemistry, economics, engineering, and math to resolve problems related to producing, using, transforming, and transporting chemicals.

Chemical engineers are routinely involved with all manner of consumer and business-facing production environments, from creating new materials for diapers to hazard assessments to large manufacturing plants.

Almost any consumer product produced on a large scale likely had a chemical engineer involved with some portion of manufacturing. So one can imagine the demand for chemical engineers is high. In fact, around 8% more chemical engineering manufacturing jobs are expected to be open in the next seven years.

For those with Ph.D.s in the discipline, employment opportunities also exist in research, academia, consulting roles, and entrepreneurship.

• Average Early Career Earnings: $75,633
• Average Mid-Career Earnings: $83,381
• ‘Maximum’ Earnings: $99,727

SEE: Doctor of Chemical Engineering (PhD CE) Career Guide: Salary and Info

Ph.d. in physics.

Physics is the study of matter and the behavior of matter through space and time. When many think of physicists, they think of the cosmos. But many of the hardest engineering problems are also related to physics.

Those with Ph.D.s in physics will likely have specialized in one or more subject matter areas including optics, the physics of sound, atomic physics, nuclear physics, and gravitational physics, among many others. This often leads to important research roles in private industry or university settings.

From cars to spacecraft to telescopes, physicists have played integral roles in advancing products. With that said, even if Ph.D.s in physics have previously specialized in one area of science, physics helps to prepare scientists with the ability to think about a wide range of problems.

For this reason, many Ph.D.s in physics may find themselves in demand in a wide variety of industries throughout their career. And many talented physicists will find themselves well compensated.

• Average Early Career Salary: $65,995
• Average Mid-Career Earnings: $71,659
• ‘Maximum’ Earnings: $114,248

SEE: Doctor of Physics (Ph.D. Physics) Career Guide: Salary and Info

Ph.d. in organic chemistry.

Chemistry is the study of the structure, properties, and reactions between compounds and materials. Organic chemistry utilizes the same research methods to focus on organic matter.

The good news is that this collection of compounds and materials (those that contain carbon) comprise a majority of known chemicals. Furthermore, all living matter is the study of organic chemistry. This means that applications for analysis through organic chemistry are veritable and limitless.

From pharmaceuticals to natural resources and geology to chemical engineering, the results of organic chemistry are all around us. Unfortunately (or fortunately if this is not the case for you), organic chemistry is known by many as one of the “hardest” subjects taught in higher education. For those who can excel in the subject matter, a wide range of career opportunities and compensations are available.

• Average Early Career Earnings: $59,968
• Average Mid-Career Earnings: $67,470
• ‘Maximum’ Earnings: $84,061

Ph.D. in Biochemistry & Molecular Biology

Biochemistry is the scientific study of chemical processes related to or within living organisms. Molecular biology is an approach to studying biological mechanisms from a molecular level.

Together these fields of study offer a uniquely fine-grained way of studying living systems. While Ph.D.s in biochemistry and molecular biology are highly specialized, they find employment in a surprisingly wide range of settings.

From state crime labs to pharmaceutical development projects, biochemists and molecular biologists are often some of the most crucial specialists for ascertaining what goes on in our body at a molecular and chemical level.

Additionally, Ph.D. programs in these disciplines may, of course, find employment in research and instruction in university settings.

With this wide range of employment settings, there is also a wide range of compensation for biochemists. For the top 10% of earners, however, the field can be quite lucrative, making it our 4th highest-paying doctoral degree for 2022 and 2023.

• Average Early Career Earnings: $67,506
• Average Mid-Career Earnings: $73,701
• ‘Maximum’ Earnings: $82,048

SEE:  Doctor of Molecular Biology (PhD Mol Biol) Career Guide: Salary and Info

Ph.d. in computer science.

Computer science is the study of the theory of computation as well as the design of computational systems. Computer science as a field of study has nearly as many sub-disciplines are there are forms of computing technology.

Though many Ph.D. recipients in the field will have specialized in a handful of technologies or theoretical components related to computing, computer science is also an approach to problem-solving that lends itself to the solving of many engineering situations.

While many with computer science degrees will find themselves in roles such as software developers early in their career, gaining a doctoral degree in the discipline can help workers quickly advance to positions such as systems architect, researcher, or development positions in subdisciplines of computer science.

Particularly highly compensated subdisciplines within computer science include information assurance, machine learning, artificial intelligence, virtual reality, virtualization, and many others.

• Average Early Career Earnings: $117,667
• Average Mid-Career Earnings: $130,949
• ‘Maximum’ Earnings: $149,109

SEE: Best Online Doctor of Computer Science Degree Programs

Ph.d. in economics.

Economics is the social science that is intent on studying the production, consumption, and distribution of services and goods. Economic analysis often falls into a variety of categories that a Ph.D. candidate in economics could choose to focus on.

Broadly, these segments of economic analysis include micro and macroeconomics, theoretical analysis and applied analysis, normative and positive economics, and rational and behavioral economics.

As with all social sciences, each competing school of thought offers its own insights, and many are highly sought after in many domains of industry and public life. Economic analysis is particularly sought after in fields such as education, health care, criminology, and finance, among others.

A Ph.D. in economics can, of course, also elect to work in research or academic settings depending on their skill set. While early-career earnings are quite solid for those with Ph.D.s in economics, those moving into consulting roles or finance can command much higher salaries.

• Average Early Career Earnings: $78,124
• Average Mid-Career Earnings: $93,369
• ‘Maximum’ Earnings: $106,848

SEE:  Doctor of Economics (DEc) Career Guide: Salary and Info

Ph.d. in information assurance.

Information Assurance is a discipline just recently brought to prominence by the massive amount of data and information held in computing devices and networks. With the rise in prominence of the internet and connected devices, many corporations and public entities have been unable to keep up with cybersecurity demands.

As of 2019, over 1 million cybersecurity openings will be unfilled nationwide. Additionally, the average age of those currently working in cybersecurity is approaching 50, meaning a lack of younger talent.

Though they will still need hands-on experience at lower levels, Ph.D.s in information assurance are great candidates for being the go-to resource on cybersecurity for organizations. As such, being a Ph.D. in information assurance in many organizations could put you on a shortlist for advanced positions such as chief information security officer.

While the average early and mid-career salaries of information assurance Ph.D.s are quite strong, many C-Level information assurance roles can bring in $300,000+.

The top 10% of jobs for the highest-paying Ph.D. in Information Assurance bring in over $100,000 a year or more, making information assurance the highest-paying Ph.D. surveyed in this year’s ranking.

• Average Early Career Earnings: $86,682
• Average Mid-Career Earnings: $96,249
• ‘Maximum’ Earnings: $106,915

SEE:  Doctor of Information Assurance (Ph.D. IA) Career Guide: Salary and Info

What is a ph.d..

First, we should clarify exactly what degrees we’re talking about. A Ph.D. is an abbreviation for Doctorate of Philosophy. Ph.D. holders obtain Doctorate of Philosophy degrees in some subjects. Though “Philosophy” is in the title, this is largely a historical artifact from when the study of philosophy encompassed most of the traditional arts and sciences.

Today, someone holding a Doctorate of Philosophy in Statistics will have mainly studied statistics and supporting disciplines within their course of study. The underlying spirit of the degree still applies, however.

“Philosophy” means “lover of wisdom,” while a doctorate is the highest degree in a university. Therefore, a doctorate of philosophy is the highest degree awarded to a “lover of wisdom” within the university system.

Typically this means that Ph.D. graduates have endeavored upon unique and substantial research in their field of choice and have attempted to advance their field of study.

While there is a range of common doctorate degrees, many are not Ph.D.s.

This usage of the term Ph.D.– though technically correct — is contrary to the common usage of the term. In ordinary conversation, Ph.D. and “Doctorate” are often used interchangeably. The main exception to this rule is that many people do distinguish between common professional degrees (including medicine and law) and more research-centered Ph.D.s.

In our investigation, we’re looking specifically at Ph.D.s, and not professional doctoral degrees. Though in many of the most lucrative Ph.D.s listed below, we do discuss the differences and similarities between Ph.D.s and professional degrees in the same subject.

Does job location matter when considering the highest-paying doctorate degrees?

In employment, location matters. In fact, along with your line of work, the location may be the single most significant determinant of compensation.

After all, the minimum wage in some cities approaches the average wage of earners in some states. The average hourly wage in America as a whole more than triples in a handful of the most populous cities.

In short, no conversation about payment of Ph.D. is complete without reference to where the said Ph.D. is working. While looking at the earnings of the entire population in locations is a good indicator of whether or not Ph.D.s may make more in an area, Ph.D.s tend to occupy a disproportionately high degree of jobs in the most lucrative fields in a region.

In a region rich with natural resource extraction, many Ph.D.’s are likely employed in geology or natural resources. In an area rich with information technology organizations, more Ph.D.s in computer science are probably employed.

This is partially accounted for by the trend of universities with large research presences in a field helping to foster entrepreneurship in a given field throughout the region. High concentrations of researchers and university funding help to create more business opportunities. In turn, this draws more talent to the universities in the region.

This is to say that average earnings within a region are at times not directly tied to Ph.D. earnings. Rather, an average salary in a region may be quite low, while opportunities for Ph.D. holders may be centered around the most well-supported industries specific to the region. With that said, many of the highest-earning cities and states in the nation are also the centers of highest compensation for Ph.D. graduates with doctoral degrees.

Does the industry matter when considering the highest-paying doctorate degrees?

The industry employing a Ph.D. holder is equally important (and often tied) to the location in which doctoral workers work when talking of compensation. While many top universities have highly regarded programs in many disciplines, many universities are known for just a handful of programs are the graduate level. This leads to geographic clusters of Ph.D.s in very different industries.

An example of the above may be seen in the following. The University of Iowa and the University of Mississippi are both well-known for their graduate programs in creative writing. A disproportionately high number of graduate degree holders in the vicinity of both universities are writers or writing instructors.

Even Ph.D.-level graduates in English literature don’t lead to as high of an income as say, chemical engineering. This industry discrepancy (among others) leads to great clusters of highest-paying doctoral degrees in California’s Bay Area, or Minnesota’s Twin Cities region (both of which are home to top-ranked chemical engineering schools).

Along with location, the industry in which a Ph.D. works is integrally tied to earning power. Below is a sampling of average earnings for the highest-paying doctoral degree by industry.

See also: Top Free (or Cheap!) Online Ph.D. Level Courses

Check this out for more information: Jobs That Require a Ph.D. or Doctorate Degree

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PhD Salaries and Lifetime Earnings

PhDs employed across job sectors show impressive earning potential:

“…[T]here is strong evidence that advanced education levels continue to be associated with higher salaries. A study by the Georgetown Center on Education and the Workforce showed that across the fields examined, individuals with a graduate degree earned an average of 38.3% more than those with a bachelor’s degree in the same field. The expected lifetime earnings for someone without a high school degree is $973,000; with a high school diploma, $1.3 million; with a bachelor’s degree, $2.3 million; with a master’s degree, $2.7 million; and with a doctoral degree (excluding professional degrees), $3.3 million. Other data indicate that the overall unemployment rate for individuals who hold graduate degrees is far lower than for those who hold just an undergraduate degree.” - Pathways Through Graduate School and Into Careers , Council of Graduate Schools (CGS) and Educational Testing Service (ETS), pg. 3.

Average salaries by educational level and degree (data from the US Census Bureau, American Community Survey 2009-2011, courtesy of the Georgetown University Center on Education and the Workforce):

The Bureau of Labor and Statistics reports higher earnings and lower unemployment rates for doctoral degree holders in comparison to those with master’s and bachelor’s degrees:

According to national studies, more education translates not only to higher earnings, but also higher levels of job success and job satisfaction:

“Educational attainment – the number of years a person spends in school – strongly predicts adult earnings, and also predicts health and civic engagement. Moreover, individuals with higher levels of education appear to gain more knowledge and skills on the job than do those with lower levels of education and they are able, to some extent, to transfer what they learn across occupations.” - Education for Life and Work (2012), National Research Council of the National Academies, pg. 66.

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Salary Difference Between Master’s and Ph.D. Degrees

Tuesday | July 22, 2014 | by Xiao Lu

When undergraduates are thinking about studying abroad for an advanced degree in the U.S., they have two options: apply to a master’s degree or doctoral degree program. Here we will talk about the differences between master’s and Ph.D. degree programs and also compare the lifetime earnings of both degrees in respective occupations.

What Are Master’s Degrees?

A master’s degree is the first level of graduate study designed to give you a solid education in a specialized field after you finish a bachelor’s degree. It usually requires one to two years of full-time study. Master’s degrees tend to be a more career-oriented program. Upon completion, graduates are expected to have advanced knowledge within a specialized field and have analytical, evaluation, and professional application skills. One disadvantage is that there are limited scholarships for international students who are master’s candidates in the U.S.

What Are Ph.D. Degrees?

Ph.D. is an abbreviation for Doctor of Philosophy, which is a doctoral degree. Obtaining a Ph.D. degree means you have an exclusive specialty in your field. Ph.D. candidates are expected to engage in thought experiments, reason about problems, and solve problems in sophisticated ways . Students can apply for a Ph.D. program directly after completing a bachelor’s degree, while some schools also require a master’s degree before entering a Ph.D. program. The exact number of years varies from four to eight years, which highly depends on the field, the student’s research topic, and the student’s skills. A Ph.D. degree also requires students to pass comprehensive exams and a large scholarly project called a dissertation .

For international students, financial aid opportunities might be a big motivation to apply for a Ph.D. degree. Schools recognize that those trying to acquire their doctoral degree need more assistance due to the length of study.

Salary Differences Between Master’s and Ph.D. Graduates

After looking at the different commitments the two degree programs require, you may also want to look at the average salaries for master’s and Ph.D. graduates. Below is an income chart from the United States Census Bureau about employee’s work-life earnings that refer to different occupations and education levels attained.

Note: This chart is for 25 to 64-year-olds who are working full-time, year-round. Source: www.census.gov

Overall, the average life earnings of doctorate holders are higher than other degree holders within the same industries. However, the life earning gap between master’s and Ph.D. holders varies on different majors or fields of study. For example, in biological science occupations, a Ph.D. holder earns 27 percent more than that of a master’s holder. Whereas in some other fields, such as business, there is only a small difference of 8 percent.

If you are looking for ways to improve your career, obtaining an MBA degree may be worthwhile financially as graduates receive similar work-life earning as Ph.D. graduates. But if you’re looking to pursue a Ph.D. degree within a highly focused field, then check out the top 50 U.S. colleges with the most international graduate students.

So, consider pursuing a Ph.D. degree if you truly love your field, enjoy your studies, and want the benefits and prestige associated with the doctoral degree. If you are looking for a change in field, industry, or a promotion, then getting your master’s might be enough.

Do you want to further your education and need funding? Check out our free Funding Your Education e-guide.

Xiao Lu is a Marketing Associate at World Education Services.

How Do PhD Students Make Money? Do PhD Students Get Paid?

A PhD journey is as much an intellectual endeavor as it is a financial one. With tuition fees, living expenses, and academic costs piling up, PhD students often find themselves seeking ways to supplement their income.

This article explores the varied avenues through which doctoral candidates navigate the financial challenges of their studies, from traditional stipends and assistantships to innovative side hustles.

Do PhD Students Get paid?

The short answer is yes, but there’s more to it.

Most PhD students receive a stipend, which is a fixed sum of money designed to cover living expenses rather than earning a salary like a traditional job.

Stipends come from various sources, such as:

• teaching assistantships,
• research assistantships, or
• fellowships.

For instance, as a teaching assistant, a PhD student might lead discussion sections or labs for undergraduate courses. This not only provides financial support but also valuable teaching experience.

Research assistantships are another common avenue, where students contribute to a professor’s research projects. This role aligns closely with a PhD student’s academic and professional growth.

Research Assistantships is also a good way for people to learn and hone their research skill, especially if they jump straight from a bachelor’s degree to a PhD.

Fellowships are usually merit-based and might cover tuition in addition to providing a living stipend.

However, the amount PhD students get paid varies widely by:

• university, and
• geographical location

Stipends in cities with a high cost of living often being higher, albeit sometimes not enough to cover all expenses. 

As a result, some students turn to part-time jobs, freelance work, or tutoring to supplement their income, though international students might face restrictions based on their visa status.

PhD Stipends

Many PhD students do receive stipends, a financial award intended to support their living expenses while they focus on their studies and research.

Unlike a salary from a full-time job, stipends are not compensation for services rendered but rather a form of scholarship to aid students during their rigorous academic journey.

Stipends are often funded through teaching assistantships, where PhD candidates might teach undergraduate courses or assist professors with their classes.

This not only provides financial support but also invaluable teaching experience in academia. Similarly, research assistantships allow students to work on specific research projects, often related to their dissertation, under the guidance of a faculty member.

However, the amount of these stipends can vary widely, influenced by:

• the university’s location,
• the field of study, and
• available funding.

In high-cost living areas, some stipends might barely cover basic expenses, prompting students to seek additional income through part-time work, tutoring, or freelance projects.

It’s worth noting that international students may face restrictions on the amount of work they can undertake, dictated by their visa terms.

Fellowships

Fellowships stand out as a significant source of funding for doctoral students. These fellowships are not just financial aids; they are prestigious awards that recognize the potential and caliber of PhD candidates.

Fellowships provide a stipend, which is essentially a financial grant designed to cover living expenses, allowing students to focus more on their dissertation and less on financial burdens.

Unlike assistantships that require teaching or research in return, fellowships often come with no strings attached, offering more freedom and flexibility in pursuing academic endeavors.

For instance, the National Science Foundation (NSF) offers Graduate Research Fellowships, highly coveted in the STEM fields. These fellowships not only cover living expenses but also include tuition remission, freeing students from the worry of educational fees. 

Similarly, the Ford Foundation Fellowship programs aim to increase diversity in academia, providing generous support to underrepresented groups.

Internationally, the Rhodes and Marshall Scholarships enable students to pursue doctoral studies at prestigious institutions like Oxford and Cambridge, offering a comprehensive package that covers tuition, living costs, and travel expenses.

However, securing a fellowship can be highly competitive, with selection criteria that often extend beyond academic excellence to include:

• leadership qualities,
• community involvement, and
• potential for future contribution to the field.

Part-Time Teaching Assistantships

For many PhD students, part-time teaching assistantships are a vital source of income and an integral part of their graduate education.

Serving as a teaching assistant, or TA, involves a range of duties from leading discussion sections to grading papers, all while juggling your own coursework and dissertation research.

This dual role offers not only financial support but also a valuable opportunity to gain teaching experience in academia.

Typically, TAs receive a stipend intended to cover living expenses, the amount of which can vary widely depending on:

• the university,
• department, and

Some might find this stipend sufficient, while others, especially in cities with a high cost of living, might need to explore additional income sources.

Beyond the stipend, many teaching assistantships come with the added benefit of tuition remission, relieving the financial burden of grad school fees. This allows PhD students to focus more on their studies and research without the stress of accumulating debt.

However, the number of hours a TA is expected to work can also vary, usually capped at 20 hours per week to ensure students have enough time to dedicate to their own academic pursuits.

Despite this, balancing teaching responsibilities with doctoral studies can be challenging and requires excellent time management skills.

For international PhD students, teaching assistantships are often one of the few work options available due to visa restrictions, making these positions highly sought after.

PhD Side Hustles – Earn More Money

Many PhD students are turning to side hustles to supplement their income. Beyond the traditional stipends, teaching assistantships, and fellowships, entrepreneurial PhD students are finding innovative ways to earn money while pursuing their degrees.

Freelancing emerges as a popular choice among doctoral candidates, especially those with skills in:

• data analysis, and
• programming.

Websites that connect freelancers with short-term projects offer a flexible way to earn money without conflicting with academic commitments.

A PhD student in computational biology might freelance as a data analyst, applying their expertise while earning extra income.

Tutoring is another common side hustle for PhD students. Leveraging their advanced knowledge, many offer tutoring services in their field of study or related subjects, such as statistics for social sciences.

This not only provides additional income but also helps in honing their teaching skills, valuable for an academic career.

Some PhD students venture into more creative side hustles, such as starting a:

• podcast, or
• YouTube channel related to their research or academic life.

These platforms can generate income through advertising, sponsorships, and merchandise sales, all while enhancing their public engagement and communication skills.

It’s worth noting that managing a side hustle alongside PhD commitments requires careful time management. Moreover, international students must navigate visa restrictions that may limit their ability to work outside their studies.

Can International Students Earn Money As A PhD Student?

PhD program can be particularly challenging for international students, given the constraints imposed by visa regulations.

However, it’s possible for international PhD candidates to earn money while pursuing their studies, albeit within certain boundaries.

Most international PhD students are eligible for on-campus employment, including teaching assistantships and research assistantships.

These positions not only provide a stipend to cover living expenses but also offer invaluable experience in teaching and research, integral components of academic professional development.

For instance, as a teaching assistant, an international PhD student might lead discussion sessions or assist in grading, while adhering to the stipulated number of work hours per week as dictated by their visa.

Fellowships are another avenue through which international PhD students can secure financial support. These awards often come without the work obligations tied to assistantships, allowing students to focus more intently on their dissertation work.

Moreover, internships, particularly those related to the student’s field of research, can offer both financial remuneration and practical experience.

Some doctoral programs have partnerships with industries that facilitate such opportunities, though international students must ensure these opportunities align with their visa stipulations.

While off-campus employment is typically more restricted, some countries offer provisions under which international students can engage in work outside the university.

This might include part-time jobs or internships related to their field of study, provided they o btain the necessary work authorization.

Students In PhD Program Do Earn Enough Money To Survive

PhD students employ a diverse range of strategies to secure financial stability while pursuing their studies. From engaging in teaching and research assistantships to exploring fellowships and embracing entrepreneurial side hustles, they demonstrate adaptability and ingenuity.

These financial avenues not only support their academic journey but also enrich their professional and personal development, laying a foundation for a versatile career path.

Ultimately, the journey to make money as a PhD student is intertwined with their pursuit of academic excellence and professional growth.

Dr. JW Ong holds academic degrees, including a Ph.D. in Applied Linguistics from universities in New Zealand, Malaysia, and the UK. He started PhDPursuits.com as a way to share the experience he wish he would have had known before embarking on his PhD.

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•       Financial Aid       PhD Scholarships and Financial Aid

PAYING FOR YOUR PHD Expert Tips, Scholarships Opportunities and Resources for Financing an Advanced Degree

The average yearly tuition for a PhD program is slightly above $16,000, which means students will invest about $80,000 in tuition fees alone for a five-year program. Add in fees, cost-of-living, travel expenses and the figure can easily surpass six figures. Yet, it is possible to fund a PhD program without breaking the bank and going into debt.

Featured Online Schools

• PhD Cost Breakdown
• PhD Financial Aid Options
• Expert Spotlight: Lawrence Burns, PhD
• Earning Outlook for Phd Students
• Most Lucrative PhD Careers
• Expert Spotlight: Darren Pierre, PhD
• PhD: By The Numbers
• Additional Financial Aid Resources

PHD COST BREAKDOWN

The value of a college education should not be understated, but neither should its actual cost. Earning a doctoral degree can be an expensive proposition. According to the latest data from the National Center for Education Statistics, the average tuition and fees for a graduate program of study was $16,435 in 2012-2013. The table below outlines the 2012-2013 graduate tuition and fees by academic institution.

• All Institutions $16,435
• Public $10,408
• Private Non-Profit $23,698
• Private For-Profit $14,418

Source: National Center for Education Statistics

A rough calculation of the number of years it takes to complete a doctoral program, multiplied by the average 2012-2013 tuition and fees from the NCES, reveals the following total cost figures by academic field of study.

A five- to six-figure education is something to take seriously as there are debt implications after leaving finishing a PhD program. Graduating doctoral students in 2013 left school with an average debt of just over $15,000, according to the National Science Foundation. By field, students in the Social Sciences, Education and Humanities graduate with the highest levels of student debt:

• Education: $26,566
• Social Sciences: $26,222
• Humanities: $21,485

Conversely, the science and technology fields graduate students with the lowest debt figures:

• Physical Sciences: $6,342
• Engineering: $7,031
• Life Sciences: $11,905
• Physical Sciences 78.2%
• Engineering 75.1%
• Life Sciences 67.2%
• Humanities 48.4%
• Social Sciences 46.5%
• Education 44.1%

Source: National Science Foundation, Survey of Earned Doctorates, 2013

While these figures may seem alarming, a deeper dive into survey data from the National Science Foundation actually paints a more positive picture. Overall, more than 62 percent of all doctoral recipients graduate from school without a single dollar of debt.

Prospective students can use the table below to get a better sense of the percentage of students who take on debt at incremental levels in each field of academic study. A majority of students graduate with $10,000 or less in debt after finishing their doctoral degree.

PhD Cost Factors

The total cost of earning a doctoral degree is variable because of the sheer number of different factors involved. Tuition is not the only cost to consider when thinking about applying to a PhD program.

Typically, students pay full tuition rates during their first three years of doctoral study and receive reduced tuition rates for the remainder of the program. However, the actual cost of tuition does vary and may be dependent on the student’s actual degree program.

Graduate students pay a range of fees, with the most common including:

• Health Services (access to health facilities on campus)
• Health Insurance (personal health insurance)
• Student Activity (subsidizes athletics and other clubs)
• Student Recreation (access to recreational facilities on campus)

Some programs estimate students should be prepared to pay between $3,000 and $4,500 per academic year in student fees and health insurance costs.

Students with a master’s degree or coursework in a similar graduate program may be able to transfer credits into their doctoral program. That can lower the total number of credits required to graduate, which can lower the total cost of the degree. However, some institutions do limit the amount of tuition credits that can be applied for graduate work done in a related field at other institutions.

Whether or not the student has an assistantship does not affect the cost of textbooks and other academic materials. Books are a revolving charge, one a student should plan upon each semester or quarter.

Housing, utilities and food are considered indirect expenses students incur during their education. PhD students should plan on anywhere from $12,000 to $25,000 and up for living expenses each year. Again, this figure is highly variable based on the location of the university and the cost-of-living in that area.

Owning a car means additional budgeting for insurance, car payments and gas. Additionally, students may need to travel for conferences and research. Without funding from a graduate student association or grant program, the student will have to cover these costs individually.

PhD students with children may have to account for childcare costs. Purchasing a new computer and other supplies may also be required. This type of budgeting will vary from individual to individual, program to program.

Most PhD programs allow students to progress at their own pace, requiring them to complete and defend their dissertation within a certain time period (e.g. six years). However, the time it takes to complete a dissertation depends on the student, area of study, research, etc. This can impact cost of attending a doctoral program.

Example Cost of Attendance

A student’s budget should include the total cost of attendance—that is both direct (tuition and fees) and indirect costs (e.g. housing). This budget is the starting point for determining the student’s financial need, how much financial aid they require, and if they can afford to attend a doctoral program. Below is a sample five-year total cost of attendance chart based on an in-state tuition program, with a budget that assumes fixed costs for fees and indirect costs, such as housing. It also does not take into account assistantships and tuition waivers for assistants.

Based on a figure that’s slightly below the 2012-2013 average graduate tuition cost, the total cost of attendance can still produce sticker shock. An average student in a program that charges $12,000 per year in tuition could have to pay between $30,000 and $45,000 year in total costs.

PhD FINANCIAL AID OPTIONS

Prospective PhD candidates have an abundance of financial aid options to help fund their graduate studies. Typically, students are fully funded by a combination of sources, including scholarships, fellowships, research assistantships, teaching assistantships, or student loans.

It is important for students to note that most sources of aid are awarded by individual academic programs, so they should follow-up with their department for up-to-date information.

Below is a high-level overview of the common types of graduate financial aid.

Prospective PhD candidates can turn to a variety of funding sources, including scholarships, grants, and fellowships to support their education financially. As discussed, most students use a combination of one or more of these funding sources to finance their degree program and research.

PhD students can apply for a variety of scholarships that award students with funds that can be used to help cover the cost of tuition, books and other fees.

Grants are similar to scholarships and are academic-based awards that can be used to augment other sources of financial aid.

Fellowships are a different type of funding that may encompass a scholarship or grant and can be used to fund research, study and teaching in the US and internationally. Many fellowships provide full tuition and a yearly stipend to students.

A PhD should never be an end in itself but rather a means to an end. The path to a PhD is an arduous one and should never be undertaken without serious thought to what it will bring the student. That said, there is money available for graduate study in most fields, and a student in the humanities should be very careful to apply to appropriate programs which fund their grad students.

• Engineering
• Physical Sciences

The SMART program is designed to support graduate students studying in STEM disciplines and offers a range of other benefits, including supplies and health insurance allowances and employment placement services with the DoD after graduation.

The National Defense Science and Engineering Graduate Fellowship is a three-year graduate fellowship that is designed to support doctoral students across fifteen engineering disciplines.

This three-year fellowship program supports the research efforts of doctoral students in STEM-related fields of study and allows them to pursue their work at any accredited graduate program in the country.

Renewable award for graduate students enrolled in a full-time APA-accredited doctoral program of study in psychology. Underrepresented, minority students are encouraged to apply.

This fellowship is open to female scholars and is designed to help offset the doctoral student’s living expenses during her final year of working on a dissertation.

This fellowship is a single-year of funding that is designed to support the doctoral research of a student working in child psychology.

The Javits Fellowship is provided on a needs- and competitive-basis to graduate students pursing graduate degrees in the humanities, social sciences, and the arts.

Two fellowships are awarded to support doctoral students who plan to study at the American School of Classical Studies in Athens, Greece for a year.

The Richard M. Weaver Scholarship is open to graduate student members of the Intercollegiate Studies Institute and supports the academic work of scholars pursuing teaching careers at the college level.

The AICPA fellowship is designed for minority students pursuing or planning to pursue a doctorate in accounting.

Five scholarships are available to provide financial assistance to graduate students pursuing studies in accounting and plan on earning CPA licensure.

This fellowship provides financial support to female scholars conducting research and economic analysis into natural resource, food, or agricultural issues.

This renewable, four-year fellowship is designed to support a scholar’s work in the field of stewardship science: nuclear science, high density physics, and materials under extreme conditions and hydrodynamics.

This multi-year fellowship supports doctoral research in several fields, ranging from chemistry to geology, materials science to physics and connects fellows with NPSC employer partners.

The NWRI fellowship program is open to full-time doctoral students conducting water-based research in areas such as water quality, water treatment and technologies, water supplies and water resources.

Really think about your reasons for getting a PhD. Critically exam the support systems you have in place to get you through the journey: 50 percent of doctoral students suffer from depression. Utilize services like the counseling center on your college/university campuses to help you respond to the stressors that may occur with the transition.

ASSISTANTSHIPS, FELLOWSHIPS AND LOANS

Graduate assistantships.

Graduate assistantships are a form of academic appointment and are provided by individual departments. Competitive in nature, they are typically awarded on the basis of the student’s academic accomplishments and potential in the graduate program of study. Most programs provide appointments for one year at time and students receive a tuition credit or waiver and monthly stipend. There are three types of assistantships: Teaching Assistantships, Assistant Lecturers, and Research Assistants.

Teaching assistants perform a range of support duties for faculty members at a university, including grading papers and teaching classes.

Lecturers may serve as instructors in the academic department where they are studying.

Research assistants conduct and assist faculty members with research projects in the student’s area of interest.

Fellowships

Fellowships are short-term funding opportunities (typically 9- to 12 months) provided to students in the form of tuition credits and/or stipends. They support a student’s graduate study in their field of choice, may assist them in their research, or gain professional training in an area of interest. Fellowships are competitive and are available in two types: University-based and External.

Individual schools, colleges, and departments at a university (e.g. College of Science, Department of English) may have endowed fellowships. Students are either nominated for an award by their department or may be open to an application process.

External fellowships are funded by foundations, government agencies and other groups and provide opportunities to study both in the US and abroad. For example, the Department of Defense offers the National Defense Science & Engineering Graduate Fellowship to engineering students studying in one of sixteen engineering specialties.

Corporations

Many companies and businesses have created scholarship, fellowship, and tuition reimbursement programs for their employees. Depending on the company, there may be a possibility it supports the graduate school efforts of its employees. Speak to the Human Resources department to learn more about the potential funding avenues available.

Graduate students may borrow funds from the federal government under two loan programs: William D. Ford Federal Direct Loan Program and the Federal Perkins Loan Program.

Private financial institutions, including banks and credit unions, offer unsecured educational loans to graduate students. These loans must be repaid with interest. The interest rates, loan amount, and repayment terms are based on the credit worthiness of the borrower.

Federal work study provides students with demonstrated financial need part-time job opportunities that allow them to earn income while they are in graduate school. The program focuses on placing students in community service situations related to the student’s academic course of study. A majority of jobs are on-campus, but some schools may have some off-campus jobs with nonprofit agencies and other groups. It is important to note that some universities may not allow students to use their federal work study for tuition, but other related expenses (e.g. books, fees).

EXPERT SPOTLIGHT: Lawrence Burns, PhD

What should a future phd student consider when selecting a program of   study .

Speaking in the humanities, a student is best advised, I think, to select the faculty member with whom he or she wishes to study rather than simply a program. This faculty member becomes the student’s mentor, a relationship that lasts well beyond graduate school years. Because the mentor becomes the student’s primary reference, his or her standing in the field can and does have an impact on pre- and post-doctoral grants a student might win as well as on the student’s success on the academic job market.

It is a delicate balance though, because one must also look at programs that have standing in a particular field and at institutions that can afford to fund their PhD students throughout their graduate years.

Much is made about the saturation of PhD graduates and not enough   positions — both in academic and the private sector. Should that dissuade   a student from pursuing a PhD?

Yes, of course. Again, a PhD is not something that comes easily, and it should not be pursued without a reason for it. On the other hand, for students who are committed to their fields, and for whom that field is a career choice, the PhD is still the only way into the university job market. 

There is a catch-22 in the world of post-graduate education. Research universities need to turn out research, and researchers often depend on their grad students to assist them–in all fields–and departments on their PhD candidates to teach many undergraduate courses. PhD students are thus recruited regardless of the job market for the PhD holders.

The challenges in funding the PhD for me were less about how am I going to pay for this degree, but making the adjustment from being a full-time salaried employee to now, taking a significant pay cut to serve as a graduate assistant.

EARNING OUTLOOK FOR PHD STUDENTS

Potential career earnings should be a significant part of the discussion when considering whether or not to pursue a doctoral degree. Completing an advanced program of study could increase an individual’s earning potential with their current or future employers.

Research from the Bureau of Labor Statistics reveals a direct correlation between educational attainment and career success—both in employment opportunities and annual salaries. Doctoral degree holders are some of the highest paid professionals in the country. The table below outlines the difference in earnings by degree level in 2014.

source: Bureau of Labor Statistics, Earnings and Unemployment by Educational Attainment

• Industry or Business $97,700
• Government $82,000
• Nonprofit Organizations $72,500
• Other $70,000
• Academia $60,000

Source: National Science Foundation, Survey of Earned Doctorates

In turn, prospective students should consider how their sacrifice of time and money will pay off when they embark in their careers. Some professional fields have a higher return on investment than others. A majority of PhD candidates endeavor to become tenured-track faculty members, but they should realize that academia is one of the lowest paying sectors for individuals with a doctoral degree.

A review of National Science Foundation survey information shows that the best paying professional areas for PhD graduates include Industry and Business—with an average salary of $97,700. At the bottom of the list? Academia.

MOST LUCRATIVE PHD CAREERS

So, which PhD degrees pay the best?

According to the NSF, business, economics, and engineering are consistently among the best earning academic fields regardless of industry. The following tables outline the highest paying academic fields by professional area of work after graduation.

• Business Management and Administration $110,000
• Economics $82,000
• Engineering $79,000
• Health Sciences $70,000
• Education $60,000
• Business Management and Administration $135,000
• Economics $115,000
• Mathematics and Computer Information Sciences $115,000
• Geosciences $110,000
• Engineering $98,000
• Economics $112,500
• Business Management and Administration $96,590
• Engineering $96,500
• Mathematics and Computer Information Sciences $95,300
• Health Sciences $94,000
• Business Management and Administration $105,000
• Economics $100,000
• Mathematics and Computer Information Sciences $100,000
• Health Sciences $98,000

At the occupational level, 2012 employment research from the Bureau of Labor Statistics revealed the best paying doctoral career was Physicist ($109,600), followed by Astronomers ($105,410), and Engineering Professors ($94,130).

Overall, the top 10 most lucrative PhD careers include the following:

• 1 Physicists $109,600
• 2 Astronomers $105,410
• 3 Engineering Professors $94,130
• 4 Economics Professors $90,870
• 5 Health Specialties Professors: $90,210
• 6 Agricultural Sciences Professors $86,260
• 7 Biochemists and Biophysicists $84,940
• 8 Forestry and Conservation Science Professors $84,090
• 9 Physics Professors $80,720
• 10 Medical Scientists $79,930

EXPERT SPOTLIGHT: Darren Pierre, PhD

How has earning a phd impacted you personally and professionally.

Personally, the PhD was an incredibly introspective process. I believe for many, they go into the PhD thinking one thing, and come out transformed by the experience. I learned and grew personally in how I harness my self-worth, I grew professionally in my ability to humble myself and authentically listen to the feedback given about my work.

Professionally, I move with a greater level of confidence, I have more insight into my own potential in ways I could have never imagined, and all of that propelled me to write my book, The Invitation to Love.

Through your own experience, what are the biggest mistakes   prospective PhD students make when choosing and/or funding their PhD?

The biggest mistake that perspective students make is doing the degree for the wrong reason. If you are doing the degree for any other reason that self-motivated factors, you will falter. Doing the PhD to cover areas of insecurity, or low self-worth; doing the PhD for the prestige or title sake, those reasons will have you floundering and faltering when the psychological stressors being to weigh heavy.

Did you create a roadmap--financially or academically--to stay on track to   completing your PhD?

Absolutely, you have to have a plan and work that plan. Each Sunday, I would develop the week's action plan, I would carve out everything from when I was doing assignments/research to when I would work out, everything was on a schedule so that even when the fog of the process set in, I had headlights (my schedule) that allowed me to drive consistently when the road ahead was hard to see.

PHD: BY THE NUMBERS

Doctoral education in the U.S. is a varied and broad system, one that has been growing in popularity. In the 2013-2014 academic year, more than 178,000 doctoral degrees were conferred to students nationally, according to data from the National Center for Education Statistics.

• Doctoral Education Continues to Grow
• Engineering and Physical Sciences Dominate
• STEM Fields are the Most Popular
• Only Half of Students Earn a PhD in the Same Academic Field as their Master’s Degree
• Doctoral Degrees are an Investment in Time
• Primary Source of Funding Varies by Program

In its survey of earned doctorates, the National Science Foundation learned the number of doctoral recipients increased by nearly 30 percent between 2003 and 2013.

The most popular academic areas of study were Engineering and the Physical Sciences.

• Engineering 69.80%
• Physical Sciences 59.30%
• Health Sciences 53.60%
• Life Sciences 44.60%
• Other 38.90%
• Social Sciences 19.90%
• Humanities 9.10%
• Education -25.70%

Within the engineering and physical sciences disciplines, multiple sub-fields have been experiencing explosive interest and enrollments, with some programs (e.g. physics, materials science engineering) growing by more than 70 percent between 2003 and 2013.

• Other engineering 127.5%
• Materials science engineering 86.5%
• Aerospace, aeronautical, and astronautical engineering 74.5%
• Mechanical engineering 70.5%
• Electrical, electronics, and communication engineering 53.6%
• Chemical engineering 46.0%
• Computer and information sciences 119.1%
• Mathematics 83.0%
• Physics and astronomy 76.7%
• Geosciences 28.8%
• Chemistry 22.0%

According to NSF, the science, technology, engineering and mathematics fields are the most popular doctoral areas of study.

• Life Sciences 23.3%
• Physical Sciences 17.6%
• Engineering 17.0%
• Social Sciences 15.9%
• Humanities 10.7%
• Education 9.4%

Interestingly, slightly more than 56 percent of graduate students continue into a doctoral program in the same field as their master’s degree. Rates are highest in the humanities, engineering, and social sciences fields.

• Humanities 67.6%
• Engineering 65.7%
• Social Sciences 65.6%
• Education 61.5%
• All Fields 56.1%
• Physical Sciences 53.4%
• Life Sciences 35.5%

It requires approximately 7.5 years of study for the average graduate student to complete a doctoral degree after enrolling in graduate school. Education takes the longest — more than 11 years, while the physical sciences and engineering fields only require 6.5 to 6.6 years of study to complete.

• Education 11.7
• Humanities 9.2
• Social Sciences 7.7
• All Fields 7.5
• Life Sciences 6.9
• Engineering 6.6
• Physical Sciences 6.5

According to the NSF, the most common source of funding for doctoral students are teaching and research assistantships. The table below details the primary source of funding for students by academic area of study.

• Life Sciences Fellowships/ Grants
• Physical Sciences Research Assistantships
• Social Sciences Teaching Assistantships
• Engineering Research Assistantships
• Education Own Resources
• Humanities Teaching Assistantships
• All Fields Research Assistantships

The following table includes a breakout of the primary funding source by major field of study, according the National Science Foundation.

Source: http://www.nsf.gov/statistics/sed/2013/data-tables.cfm

ADDITIONAL FINANCIAL AID RESOURCES

The ultimate financial goal of any PhD student should be to complete their program successfully and move into a professional career with as little debt as possible. The resources below are available to help students locate scholarships and other funding sources that can help make that goal a reality.

Unigo offers a selection of financial assistance resources for graduate students, including a scholarship directory, a scholarship match tool, educational information on student loans and funding options, and more.

Scholarships.com is a website that provides a selection of financial aid information, including a searchable scholarship directory, insights into funding trends, financial aid calculators, and information about grants and fellowships.

Peterson’s is an educational resource site that includes a searchable scholarship database, articles and advice columns, and a catalog of graduate school profiles.

FinAid.org is an educational resource site that focuses on financial aid and offers information about student loans, federal financial aid, financing a doctoral education, and includes a scholarship search option.

An office of the U.S. Department of Education, Federal Student Aid is the country’s largest provider of financial aid. Graduate students can learn about and pally for loans, grants, and work-study funds to pay for their doctoral education.

FastWeb is a financial aid-focused website that offers a searchable scholarship directory that allows students to focus their search to their major area of study, work experience, and personal and professional activities.

Chegg is an online educational portal that not only offers used textbooks, but a scholarship database as well.

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Do PhD Students Pay Tuition? Unpacking the Cost of a PhD

Choosing to pursue a PhD is a major milestone, but it comes with a host of concerns and questions. As a prospective doctoral student, you might wonder if you pay tuition for a PhD and how much that will cost.

In many cases, the answer is no, PhD students do not pay tuition. Instead, universities often provide their doctoral students with tuition waivers and funding packages to carry them through their years of study. 

However, it's important to bear in mind that this isn't always the case and the specifics can vary greatly. Navigating PhD funding can seem daunting at first, but understanding how tuition, stipends and other sources affect the out-of-pocket cost of a PhD can help you feel more confident in your decision.

How Much Does a PhD Cost?

Contrary to popular belief, the costs of a PhD program aren't set in stone. Factors like the institution, geographic location, field of study and funding support all play a role in how much you’ll actually pay for a doctoral program. Depending on your field, some PhD programs pay you . 

To give you a clearer picture, let's break down expenses and potential support.

Tuition and Fees

Tuition and fees are typically the most substantial expense. How much you pay depends on the institution offering the program and the field of study you choose. According to the Education Data Initiative , the average cost of a PhD specifically is $106,860, while the average cost of a doctorate degree in general is higher at $150,835.

You can expect a lower cost at public institutions ($93,670 on average) compared to private universities ($129,395 on average). Considering the time to complete a doctorate degree ranges from approximately 4 to 8 years, the duration of your studies can influence the total price.

While figures like this seem substantial, it's important to remember that scholarships, grants, fellowships and assistantships significantly reduce the out-of-pocket expenses for most PhD students. For instance, the average grant aid for a doctoral degree is $16,502 annually, and 21.4% of PhD students surveyed by the Education Data Initiative offset their costs with teaching assistantships. 

As a result, actual paid expenses are often much lower than the listed tuition and fees.

Books and Materials

The cost of study materials, including textbooks and research supplies, varies depending on the specific requirements of your field of study.

For example, PhD students in Earth Sciences or Chemistry might need to invest in lab equipment and materials, while students in Humanities may require numerous books and subscriptions to academic journals.

However, it's essential to note that many programs provide funding resources that help offset or eliminate these costs. Universities often offer subsidies or funds for research materials, and there are numerous grants and scholarships specific to different fields of study. Libraries and interlibrary loan systems can also be a valuable resource for accessing required books and academic journals.

Healthcare and Living 

Cost of living and healthcare can vary greatly depending on your circumstances and location. Major cities, for example, tend to have higher living costs than smaller towns or rural areas. 

The higher expenses in cities often correlate with increased access to resources, research opportunities and a wide variety of entertainment and lifestyle choices. On the other hand, smaller towns or rural areas might offer lower cost of living and fewer distractions but may limit access to extensive resources or opportunities.

Luckily, many universities offer annual stipends as part of their financial aid packages for PhD students. These stipends are designed to help you manage your living and healthcare expenses, allowing you to concentrate on your studies and research. Some universities may also provide budget-friendly on-campus housing options to help mitigate overall costs. 

Navigating the Financial Landscape of a PhD

The path to earning a PhD isn't just an academic journey, but a financial one too. While it's true that in many cases, PhD students don't pay tuition, it's crucial to understand that it’s ultimately variable depending on where and what you choose to study. Financial aid packages and stipends can be a substantial help, providing relief to both domestic and international students.

At the Moody School of Graduate and Advanced Studies, we pride ourselves in providing an environment that fosters academic excellence, research innovation and professional development. With the generous support of the Moody Foundation, we have expanded our funding opportunities, enabling a diverse range of talented students to become part of our community.

Our suite of financial resources, including fellowships, assistantships, and travel grants, aim to facilitate interdisciplinary collaborations and reduce financial barriers. By helping our students focus on their academic and research pursuits, we build a vibrant, diverse, and inclusive environment that sets the stage for future leaders to thrive.

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Do you get paid to do a PhD?

Study tips Published 17 Jun, 2022  ·  4-minute read

A PhD is a time-consuming gig. Planning, research and writing can easily fill the hours of your typical 9-5 job. But do PhD students get paid?

Yes and no.

Yes, you can secure a scholarship that provides a living stipend, which means you’ll receive a fortnightly allowance. No, it isn’t typically as much as you could expect from an entry-level, full-time salary straight out of your undergrad studies – but for many people, it is tax free. You can also supplement the living stipend with a top-up scholarship if you’re eligible.

There are a variety of ways to make a PhD work for you financially. Scholarships are the key component to this and can cover both tuition and living costs.

Let’s explore how you can secure a scholarship to help with day-to-day living expenses such as food, accommodation and bills while you complete your PhD.

How can you get paid to do a PhD?

There are 2 key types of scholarships you need to consider when undertaking your PhD:

• living stipend
• tuition scholarship

At UQ, the main scholarship program is called Graduate School Scholarships (UQGSS) – it covers the cost of your PhD tuition fees and provides a living stipend to cover the cost of living expenses while you carry out your PhD.

Another major program of scholarships at UQ are earmarked scholarships, which include both a living stipend and a tuition scholarship. Whether you’re eligible for this type of scholarship depends on the type of PhD you undertake – find out more about earmarked scholarships .

Living stipend

The UQGSS living stipend and tuition scholarship will help you cover cost-of-living expenses while you carry out your PhD. This scholarship:

• is open to both domestic and international postgraduate research students
• is inclusive of all study areas
• covers a 3.5-year period , with the possibility of an extension
• is only available to full-time students (with the exception of part-time students with special circumstances )
• provides  $35,000 a year (tax free) living stipend, paid in fortnightly instalments
• covers tuition fees.

However, while the UQGSS is the most widely used scholarship at UQ for PhD students, there are many types of living stipend scholarships – each with its own terms and conditions.

Search all living stipend scholarships for PhD students

At UQ, you will be asked if you would like to be considered for a living stipend scholarship when you apply for your PhD. UQ scholarships are awarded based on:

• academic performance
• evidence of research capability
• the quality of your research project
• the quality of your proposed research environment and advisory team.

Top-up scholarship

At UQ, a ‘top-up scholarship’ can provide you with additional funds during your PhD, on top of your living stipend scholarship. There are a variety of top-up scholarships you can apply for through UQ, many of which are focused on specific study areas (and even specific PhD topics ) or targeted at particular groups of people (e.g. international students or Aboriginal and Torres Strait Islander students). Some of these offer travel and/or accommodation allowances on top of the funds provided for general living expenses during studies – a particularly useful addition for PhD students who wish to attend industry conferences or workshops to further their professional development.

Top-up scholarships can:

• only be used in conjunction with a living stipend (as long as they don’t exceed 75% of the stipend amount)
• offer an additional $5,000 – approximately $21,000 a year on top of your living stipend.

Browse postgraduate research top-up scholarships  

Top-up scholarships can be very competitive to secure, so it's essential to have a backup financial plan should you apply and not be accepted.

How much funding do you receive for a PhD?

Let’s look at a few of UQ’s top-up scholarships in conjunction with the standard Research Training Program living stipend amount, to see just how much you could be getting paid to do your PhD.

*All values are approximate and based on 2024 scholarships. Information is subject to change. See the scholarships website for the most accurate and up-to-date figures. 

Is it enough?

When approaching a PhD, it’s important to consider your financial situation realistically. Asking ‘do you get paid for a PhD?’ doesn’t quite cover all the logistics. Here are a few more questions to help you assess the situation:

• Can I live on $35,000 a year, or approximately $673 a week? 
• Do I have the time to supplement my living stipend with casual or part-time work ? Will this extra commitment impact my studies?
• Will undertaking casual or part-time work breach the conditions of my scholarship?
• Am I eligible for any scholarships (top-up or other bursaries) beyond the living stipend?
• Is it worth applying to existing research projects, undertaking research in particular study areas or with certain supporting organisations, so that I may have a better chance of securing an available scholarship? Do these PhD projects/topics align with my interests enough to study for 3-4 years?
• Am I eligible for a tuition scholarship to cover tuition costs ?
• What’s more important to me – completing my PhD in 3-4 years full time and budgeting, or completing my PhD in 6-8 years part time while living comfortably?

Don’t forget that you don’t have to make this decision on your own. If you need help finding the right postgraduate research scholarship for you, or would like some advice, you can contact the friendly team at UQ’s Graduate School .

Want to know more about the ins and outs of your journey towards a PhD? Explore our complete guide on how to get a PhD .

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• PhD Salary in UK – Explained
• Funding a PhD

What Are PhD Salaries?

The average cost of undertaking a PhD in the UK is approximately £20,000 per academic year for UK students and £40,000 for international students. To help offset the cost of this, many students question whether undertaking a doctorate comes with a PhD salary.

The salary of a PhD student is governed by three factors: whether they’re assisting in undergraduate teaching, assisting in research, or have secured a PhD with a stipend. Depending on which of the three categories a student falls within, they will receive an income during their studies, however, the amount will differ by a substantial amount.

To help show you how you can fund your postgraduate degree and how much you can expect to earn whilst doing so, carry on reading below.

Types of PhD Salaries

There are three types of PhD degree salaries:

• Graduate Teaching Assistantships (GTAs) . In exchange for a salary, you’ll be required to assist in the delivery of one or more courses over a number of years. This includes, but is not limited to, marking student tutorials, supervising lab experiments and providing support to undergraduates during office hours. Besides this, you may have to teach a small section of the course itself. You can discover more about GTAs on King’s College London’s website.
• Research Assistantships (RAs) . In exchange for a salary, you assist a departmental professor with their research. In the ideal scenario, the professor you work with should also be your PhD supervisor and the research you’re asked to support with relates to your own doctoral project.
• Stipend via Studentship: A stipend is a non-repayable grant provided to doctoral students to help support their studies. A studentship covers a student’s tuition fees whilst a stipend covers a PhD student’s living costs. This includes outgoings such as rent, food, bills and basic travel. Unlike Graduate Teaching or Research Assistantships, stipends rarely have duties attached to them. The only expectation of receiving a stipend will be that you maintain continuous progress within your degree.

It’s worth noting these earning opportunities can be also be combined. For example, it’s possible to be a research assistant whilst also committing time to teach undergraduate students.

Average PhD Salary in UK

The average PhD student salary for teaching assistantships will vary depending on the level of responsibility you’re taking. However, to provide figures, past doctoral students have reported receiving approx. £10/hr for marking tutorials, £15/hr for leading laboratory sessions and up to £20/hr for leading undergraduate classes and tutorials.

The actual amount you can earn from teaching assistance will depend on the rate your department offers and the hours you can realistically take on. If you’re on a Graduate Teaching Assistantship programme, they will require you to dedicate a set number of hours per week. If you’re not on a GTA but would still like to earn an income through this scheme, you will likely need to commit several hours per week consistently. Although this can be a great way to earn whilst you study, you need to make sure you manage your time effectively as to not become overwhelmed by taking on an additional commitment.

The average salary for research assistantships will vary depending on the field of the doctoral degree you are enrolled in. Usually, these positions pay between £25,000 to £30,000 per year, however, it’s possible to come across positions which sit slightly outside of this. As a general rule of thumb, STEM assistors are paid more than non-STEM assistors.

In the UK, PhD students can receive a stipend which varies between £15,000 and £18,000 per annum. As part of the studentship your stipend is provided under, your tuition fees will also be paid for. UK tuition fees will vary between universities but are approximately £4,500 per year for doctoral courses starting in 2021/22 as per the UKRI recommendations .

Although £15,000 to £18,000 per year is the typical range for a stipend, some can be far greater than this. For example, Wellcome Trust , a research-charity based in London, offers an annual stipend of up to £23,300 and £26,000 for doctoral students located outside and within London, respectively.

Are PhD Salaries Taxed?

PhD stipends are tax free. Therefore, you don’t need to pay any income tax nor do you need to make any national insurance contributions. This means you’ll keep all the money you receive from an annual stipend. However, this is not the case for Research Assistants.

In the UK, Research Assistants are employed as university staff members and are paid a direct salary as opposed to a stipend. As a result, it will require you to pay tax on your earnings and make national insurance contributions.

To put this into perspective, for the 2019/20 UK tax year, you’re required to pay a 20% tax on any income above £12,500 but less than £50,000. You’re also required to make national insurance contributions of 12% of your weekly earnings over £166 but less than £962. This means that an annual Research Assistantship salary of £30,000 will equate to a take-home salary of £23,938 per year.

How to Get a PhD Stipend

To find research positions which offer stipends, we recommend you search our PhD database and filter by ‘funded’ positions.

Besides this, you can also secure a studentship from UK Research Councils or directly from your university as a scholarship. Independent organisations, such as charities and research trusts, and innovative firms within your industry also offer funding. You can read our PhD studentship guide to see how these work or our Where to find a PhD guide for further ideas.

Finding a PhD has never been this easy – search for a PhD by keyword, location or academic area of interest.

How to Get a Research Assistantship PhD

Unfortunately, research assistantships opportunities aren’t as common to come across compared to PhD stipends. Besides this, when they are available, they’re predominantly in STEM subjects such as computer science and engineering. The reason for this is these subjects usually have access to greater research grants and have a greater volume of practical work available.

To find a research assistantship, we recommend that you contact the university departments who host the courses you’re interested in directly. This is because research assistantships help professors with their research, and while they may require help, they may not be openly advertising for it. They may, therefore, be able to create a role for you within their department or put you into contact with one of their colleagues who already has an open position.

International Students

It’s worth noting that international students will have a harder time securing a funded PhD position than UK ‘home’ students will. This is largely because there are usually fewer funding opportunities available to international students, which as a result also attract significant competition.

Besides this, if you’re an international student studying in the UK you will most likely than not be on a Tier 4 visa. Although a Tier 4 visa will allow you to work to earn an additional income alongside any studentship you may have, there will be certain restrictions on what you can and can’t do. For example, during term-time, you won’t be allowed to work more than 20 hours per week. For a full list of restrictions, please refer to the government website.

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2024 Salary Megathread Averages

I had ChatGPT average all the salaries from the megathreads starting Jan 2024. Note: I had it remove all PhD/psychologist salaries. I did this because in contemplating if it is worth the ~4 year commitment to transition into becoming a LMHC, I need to know more solidly what to expect income wise. While a Google search is helpful, often reported salaries are a conglomerate of so many roles. While this isn't necessarily better, it's a least one more window in. In any case: Hope it helps someone else!

Overall Average Salaries Reported Jan 2024-June 12th 2024:

All (74 reports): $79,924.59

All Private Practice only (13 reports): $82,500

*Note for All PP: Not everyone clarified if what they reported is net profit, so this is a mix of net profit and those who didn't explicitly state net profit, and so this may not be the most accurate representation.

Private Practice only - net (5 reports): $127,000

*Note for All PP net: This identifies only 5 individuals who reported net profit, and excludes those in PP who didn't note if their income is net or not.

Lastly: If anyone reading this is PP in the last bracket (net profit greater than $120k) and is open, I would love to understand what your path was like to get here (feel free to DM or add to comments!).

At least 35 of America’s billionaires are PhDs. As academic jobs become scarce, doctorates should get down to business

Samantha Dewalt is managing director of the Lehigh@NasdaqCenter, an exclusive education-industry partnership between Lehigh University in Pennsylvania and the Nasdaq Entrepreneurial Center in San Francisco .

Traditionally, a doctoral degree is regarded almost exclusively as a passport to scholarly distinction and academic tenure. Any person who committed the time, energy, and expense to attain a PhD appeared inevitably destined for the academy, free to pursue knowledge without commercial intent.

So goes the standard rationale—and training—for a doctorate. Candidates are groomed for careers in academia, where they will research, teach, and publish. That tradition, though well-intentioned, is overdue for a drastic expansion.

Saving research from ‘the valley of death’

Such an expansion has already begun. In December, the National Science Foundation awarded $100 million to 18 academic institutions all across the U.S. to “speed and scale research into products and services that benefit the nation.” The first-ever Accelerating Research Translation awards are designed to enable university scholars to convert academic innovation into commercial value and societal purpose. Each school awarded will partner with a mentoring institution of higher education already equipped with “a robust ecosystem for translational research.”

Lehigh University is among the recipients of the abovementioned National Science Foundation awards, with Carnegie Mellon University acting as its peer mentor. The $6 million award will be earmarked specifically to increase the translation of scientific discoveries in engineering, science, health, humanities, business, education, and other disciplines—by faculty, graduate students and postdoctoral researchers into prototypes, products, and programs that will benefit society.

Meanwhile, as the supply of jobs in academia struggles to keep up with the demand, more PhDs are turning to careers in industry. In 2020, The Princeton Review warned, “If it’s your ambition to become a professor, you should be aware that the PhD. track is no guarantee of a life in  academia .” As such, candidates will need to be prepared differently. 

Make no mistake: Some college graduates bearing PhDs have proven highly enterprising. It is estimated that the private sector now employs about as many PhD graduates as educational institutions.

Most research finds that between one-third and one-half of all PhD graduates globally stay in academia , while others may migrate to the private sector. Almost daily, some entrepreneurial PhDs launch new ventures that eventually hit the jackpot. Indeed, Forbes  has reported that “at least” 35 U.S. billionaires obtained a PhD before plunging into business.

But let’s face it: Academics are rarely trained to be entrepreneurs. They typically focus on conducting research, publishing manuscripts, and at times, developing intellectual property, but without cultivating the business knowledge or resources to turn innovations into viable market solutions. And it’s a shame when university research languishes on the shelf, never reaching the market—the so-called “valley of death”.

How America’s top universities are doing it

Universities are amping up efforts to educate PhD students about how to better capitalize on a doctoral degree. At Lehigh University, we have conducted a competitive analysis of what other higher education institutions, particularly those highly regarded for entrepreneurial activity, are doing to engage PhD students in entrepreneurial courses and programs. Among the schools we studied were Harvard, Stanford, MIT, Princeton, Dartmouth, and UC Berkeley. Overall, our analysis identified a need—and opportunity—to transform PhD education.

More particularly, we found that although most of these top-tier universities offer entrepreneurship education for graduate and undergraduate students alike, few target PhD students. We also learned that because most of the graduate courses in entrepreneurship originate in business or engineering schools, few are truly interdisciplinary. We also found that PhD students are more likely to participate in entrepreneurial activity if they have faculty advisors who are themselves entrepreneurs or at least entrepreneurial-minded.

Stanford University particularly stands out as an exemplary entrepreneurial environment for students. It benefits from education-industry partnerships that provide access to the most innovative companies in Silicon Valley. UC Berkeley distinguishes itself, too, for its emphasis on interdisciplinary entrepreneurial development and close collaboration with nearby startup incubators.

Dartmouth College pioneered the first engineering   PhD innovation program  that provides entrepreneurial training to turn research discoveries into market solutions. The PhD fellows take additional coursework in business, innovation, and entrepreneurship, and spend up to six months at an industry internship. 

Entrepreneurship education should be democratized. Other universities should follow the examples set by the top-tiers. All students—even those on a budget—should have access to the equivalent of an Ivy League experience.

Our university is taking a step in this new direction, to better expose our PhD students to entrepreneurial experiences and career pathways. Last fall, we introduced a hands-on, real-world, interdisciplinary course on entrepreneurship for PhD students. Built on a model designed by the National Science Foundation, the course is offered for credit and available to graduate students across disciplines through Lehigh@NasdaqCenter, partnering with the P.C. Rossin College of Engineering and Lehigh’s Office of Technology Transfer. 

It’s time for doctorates to get down to business. More PhDs should treat the ideas that emerge from scholarship as entrepreneurial opportunities. But first, they must know how to harness all that valuable education in the service of both our society and our economy.

More must-read commentary published by  Fortune :

• Booz Allen Hamilton CEO : America needs a whole-of-nation approach in its great power competition with China
• NYC comptroller:  Food delivery apps  are blaming minimum pay for inflation. It’s baloney
• Big Tech employees  missed out on $5.1 billion in 401(k) gains  over the last decade because of fossil fuels, new research finds
• ‘As quick as 5 minutes in California or as grueling as 11 hours in Texas’: Research reveals  new post-Dobbs map of abortion access driving times

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of  Fortune .

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• PhD Study in Sweden – A Guide for 2024

Written by Mark Bennett

A PhD in Sweden is an opportunity to study in a country that combines a historic higher education system with a culture of ingenuity and invention. The country’s universities date back to the fifteenth century, whilst Swedish brands and technologies such as Spotify, IKEA and Bluetooth continue to shape the modern world.

This covers what you need to know about PhD study in Sweden , including information on applications, funding opportunities and doctoral fees (spoiler: there aren’t any).

PhD opportunities in Sweden – what’s on offer for 2024?

If the goal for your doctorate is to produce original and potentially innovative work (it should be) then a PhD in Sweden may well be the ideal choice.

Like its Scandinavian neighbours, Sweden is also a highly tolerant country, with progressive and inclusive laws that support LGBT rights and welcome international students and visitors.

Here's some reasons to consider a PhD in Sweden for international students:

• Creativity and originality – You may not discover the next big music streaming solution (and even a PhD may not help you understand *that step* in those IKEA instructions) but your doctoral research will be right at home in a country that celebrates free-thinking and supports new ideas
• Prize-winning research - Sweden's status as the home of the Nobel Prize (with 34 winners) reflects its proud history of recognising and rewarding research, excellence and innovation
• No PhD fees – Swedish PhD programmes normally charge no tuition fees to their students (regardless of nationality)
• Historic (and respected) universities – Higher education in Sweden dates back to the 1400s and the country’s universities are well placed in modern rankings, with particular specialisms in Medicine, Life Sciences and related subjects

We’ve studiously avoided making any ABBA references in this section, but if you want a university to take a chance on your research proposal and eventually give you, give you, give you a PhD without charging much money, money, money for fees*. . . well, there are worse destinations to choose than Sweden.

*We're sorry.

Swedish universities

There are 39 state-funded universities and equivalent institutions in Sweden, alongside a smaller number of privately funded higher education providers.

Degrees are organised using a three-cycle system , in common with the wider European Higher Education Area . Your PhD in Sweden will be a third-cycle qualification , usually taking place after Bachelors (first cycle) and Masters (second cycle) study.

Universities and university colleges

Higher education providers in Sweden are divided into two types:

• Universities ( universitet ) are large institutions awarding degrees in a broad range of subjects. They carry out original research alongside academic teaching and therefore have the capacity to support and train PhD students.
• University colleges ( högskola ) focus on technical and professional training, often in applied sciences and related subjects. They are less likely to award PhDs but may do so in certain subject areas.

The distinction between these two categories isn’t always obvious or clear from an institution’s name (university colleges may simply refer to themselves as universities). The good news is that you don’t need to worry too much about it. As a PhD student you’re likely to end up studying at a university, but the smaller number of doctoral programmes offered by university colleges are equally rigorous and respected.

Swedish university rankings

Sweden is home to one of Europe’s top-performing higher education systems, at least so far as university rankings are concerned. Of the 38 universities in Sweden, 10 rank within the current Times Higher Education world top 400.

Do rankings matter for PhD study?

University rankings can help you choose a PhD project or programme, provided you know what to look at. Our guide explains how to use rankings as a prospective postgraduate.

PhD structure

A PhD in Sweden represents the highest level of academic achievement for students. As in other countries, the emphasis is on your independent research towards an original thesis that makes a new contribution to knowledge in your field.

Swedish doctoral degrees

Doctoral level study in Sweden takes one of two forms:

A standard PhD in Sweden requires a minimum of four years full-time work (equivalent to 240 ECTS credits ) and awards a full doctorate (along with the all-important title of ‘doctor’).

Alternatively, you may choose to study for a shorter licentiate degree. This generally only requires two years of full-time work towards a shorter and less ambitious thesis (equivalent to 120 ECTS credits ). The Swedish licentiate is similar to the Master of Philosophy (MPhil) offered in the UK or other countries and some students initially enrol for this qualification before upgrading to become full PhD candidates.

The academic year in Sweden runs from August to June with two teaching terms (August to January and January to June) separated by summer and winter holidays. As a PhD student you’ll normally work more flexibly throughout the year, but some additional courses and other activities may be linked to specific teaching periods.

Supervision

You’ll complete your PhD (or licentiate) with the support of two or more expert supervisors whose job it will be to guide your work. Their roles will vary slightly depending on your field:

• Supervisors for Arts , Humanities and some Social Science projects will serve primarily as mentors. They won’t be directly involved in your research, but they will be able to advise on the direction your project is taking.
• Supervisors for Science , Technology , Engineering and Mathematics (STEM) projects may also be carrying out similar research as the lead or principal investigator for the laboratory or research group your PhD is part of. This means they may also work alongside you or even collaborate on some experiments. However, your PhD thesis will still be an independent piece of work, based on your personal findings and analysis.

You’ll always have at least two PhD supervisors, one of whom will be the principal supervisor for your PhD. Some universities also appoint additional assistant supervisors with responsibility for specific tasks (such as training or pastoral care and support).

Your supervisors’ roles and expectations will be set by your university. As a minimum they’ll usually include arranging regular progress meetings, reviewing results and drafts and supporting you as you prepare to submit your thesis. Some additional responsibilities might include identifying and fulfilling training needs or assisting with other aspects of your professional and academic development.

PhD supervision

Our guides explain how to choose (and contact ) a PhD supervisor and introduce the working relationship you'll have with yours as a doctoral student.

Programme structure

Your main focus during a PhD in Sweden will be the original research required for your thesis. You’ll normally begin by assessing the scholarship in your subject (a literature review) before moving on to collecting sources or experimental data and eventually writing up your conclusions and results.

Some universities also offer more structured training alongside your research. This may involve attending short courses and / or attending short courses on research methods and other useful skills for your project.

It’s also common for PhD students at Swedish universities to serve as junior academic staff within their departments or faculties as part of their funding arrangements. If so, you’ll also have additional duties such as teaching or demonstrating.

Assessment and examinations

The assessment of a Swedish PhD is based on the quality of the doctoral thesis you submit at the end of your research. This needs to demonstrate that your work has been original, that it has made a significant contribution to your subject and that you have personally been responsible for designing and carrying out the research involved.

All of these qualities will be formally assessed during a final public defence of your thesis.

This is similar to the viva voce used in the UK and other countries but follows a slightly different procedure. Instead of being examined in private, you will present your thesis to an examining committee in front of an audience that may include other academics, fellow PhD students and your family and friends.

One of the committee will be an external expert (from outside your university) appointed to serve as your ‘opponent’. They will ask questions about your thesis and challenge you to explain your findings and conclusions. Other members of the committee (and audience) may also ask questions.

At the end of the examination your committee will decide whether or not you have successfully defended your thesis and can be awarded your PhD. This ‘live’ examination process may seem daunting, but you should think of it as an appropriate climax for your research, allowing you to assert your expertise and prove your qualification. It’s also quite rare for students to fail at this stage.

Masters study in Sweden

Looking to study a Masters in Sweden? We have all the information you need on our sister site, FindAMasters .

Fees and funding

There are no fees for PhD study in Sweden at state-funded universities (note that this doesn’t apply to Masters or Bachelors degrees). Doctoral programmes are free for EU, EEA and international (non EU) students.

The same applies to application fees – you don’t need to pay these for a PhD in Sweden.

You will need to cover your accommodation and living costs, but support may be available from your university to help with this.

Study grants

It’s common for PhD students in Sweden to also be recognised as staff, subject to an employment contract with their university. If applicable, this pays you to a salary known as a study grant ( utbildningsbidrag ) worth approximately €1,500 per month (but subject to tax).

Your employment status may vary during your PhD. For the first two years you will receive your study grant, but not be entitled to benefits and social security. For the final two years you will normally hold a full employment contract ( anställning ) and be entitled to support during illness, parental leave or other circumstances. More information will be available from your university.

In return for your study grant you will normally be required to carry out some responsibilities within your department, such as teaching undergraduates or assisting with administrative work.

PhD funding

Other scholarships and bursaries for PhD study in Sweden may also be available to help top up (or substitute for) a study grant.

The main source of PhD funding for international students in Sweden is the Swedish Institute (SI). They offer scholarships for students from specific regions including Turkey, the Balkans and the Baltic. More information is available on the official Study in Sweden website.

Other funding may be available from universities in Sweden, or from specific academic organisations and research charities relevant to your subject area. Our guides provide information on a range of PhD scholarships and other funding options .

Applying for a PhD in Sweden

You should apply directly to universities for PhD study in Sweden. How you do so will depend on the kind of project you are interested in:

• PhDs in Science , Technology , Engineering and Mathematics will often be advertised as specific projects. You should view current opportunities and apply according to the guidelines set by specific adverts. This will often mean submitting a personal statement along with your academic CV and references .
• Students in Arts , Humanities and Social Sciences are more likely to put forward their own project ideas. You’ll need to submit a strong research proposal , perhaps after contacting a potential supervisor for guidance and advice.

However you apply, make sure you check the specific requirements and procedure with your university.

Admissions requirements

Swedish universities are free to set their own entry requirements for PhD study . The minimum qualification will usually be a Bachelors degree in an appropriate subject, but a Masters is also desirable – particularly if you’re applying for funding.

Just as important as your previous qualifications will be your ability to demonstrate previous research experience . This could simply be the dissertation project for one or both of your previous degrees, but it’s important that you can show some preparation for the independent research you’ll be doing on your PhD.

The general eligibility criteria for PhD applications in Sweden is similar to most other countries in the EU.

Language requirements

A large proportion of teaching at Swedish universities takes place in English. This means you won’t necessarily need to know Swedish to study abroad in Sweden, but it’s worth checking with the specific university or department you plan to study within. Even if English isn’t required, picking up some language skills will help you settle in and enjoy your degree.

If English isn’t your first language you may need to submit a recognised test score . Exceptions might be made if you’ve completed a previous university degree taught in English.

Your university may invite you for an interview as part of the admissions process (in person, or online). This is a good sign! It means your application is suitably interesting and impressive and the university wants to hear more from you.

Student visas

Visa information for uk students in sweden.

UK students will no longer be EU citizens from the 2021-22 academic year onwards. This means you may be considered as an international student when studying in Sweden. You may be subject to different visa requirements and fee rates, unless otherwise stated.

You won’t need a visa to study in Sweden as a PhD student (student visas are required for visits of less than three months, but your PhD is guaranteed to take longer than this!).

EU, EEA and Nordic students

If you’re a citizen of an EU, EEA or Nordic country (a group that includes Finland, Denmark, Iceland and Norway as well as Sweden) you won’t need a residence permit to live in Sweden during your PhD. However, you will need to register with a local branch of the Swedish Tax Agency ( Skatteverket ).

You’ll need to bring your passport plus any marriage or birth certificates (if you are married and / or have children). You’ll also need to bring proof of admission to a Swedish university and a signed declaration that you have sufficient funds to live on during your PhD (the minimum requirement is €826 per month ).

Other international students

Students from countries outside the EU, EEA and Nordic group must formally apply for a residence permit in order to study in Sweden for longer than three months.

You can do this online. You’ll need to provide copies of your passport, along with proof that you have been admitted to a Swedish university, have paid the first instalment of your tuition fees and can support yourself financially during your PhD the minimum requirement is €826 per month ).

Health insurance

All students in Sweden will need full health insurance. If you already hold a European Health Insurance Card (EHIC) you will normally be automatically covered. Alternatively, your university may provide cover as part of your study grant, or offer an affordable policy for you to purchase.

Sweden is a multicultural and inclusive country with plenty of opportunities for talented PhD graduates to apply their skills and expertise. Who knows – your work could be part of the next great Swedish innovation.

Can I work in Sweden after my PhD?

EU, EEA and Nordic students can live and work in Sweden without restriction. Other international students will need to apply for a post-study residence permit , allowing you to stay in Sweden for another six months as you look for work. To obtain this you’ll need to have completed your degree, still be in Sweden and hold a valid passport.

If you are successful in finding a job within six months, you can go on toapply for a work permit. Further information is available from the Swedish Migration Office .

Find a PhD in Sweden

Ready to start browsing some current PhD opportunities in Sweden ? Alternatively, you can look at our other guides to PhD study abroad .

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