Financial Information
Financial Support
McMaster is known for its excellence in research and education. To allow Medical Sciences students to concentrate on their studies, a steady source of income is available. It generally consists of an annual stipend (similar to a salary) that is set out in each prospective student’s admission offer. Stipends are paid on a monthly basis and, for most full-time students, will consist of research scholarship from the supervisor’s research grant and graduate scholarship from our program.
MD/PhD students are funded during their time in the Ph.D. program curriculum at the minimum rate of $21,700 per year.
Other sources of support at the time of admission may be:
- External awards such as Ontario Graduate Scholarship (OGS) valued at $15,000, the CIHR MSc award ($17,500) or the Vanier Canada Graduate Scholarship ($50,000). Natural Science and Engineering Research Council (NSERC) no longer funds MD/PhD students.
- Internal scholarships (e.g. Douglas C. Russell Memorial Scholarship valued at $13,000 or OGSSTs valued at $15,000).
All applicants should apply for financial assistance from sources outside McMaster University. Information and addresses of Agencies and Foundations are available in our scholarships calendar and should be available from your nearest University Library or School of Graduate Studies.