Fellowships and Stipends

Financial Support for PhDs

Students receive a competitive financial package, including a living stipend as well as student health, vision, and dental insurance.

Annual PhD stipend, 2023–24 academic year




Enrolled PhD students who are making satisfactory progress in the program are guaranteed financial support for five years. This includes full tuition remission plus a stipend for living expenses. All applicants are automatically considered for Olin Business School fellowships, no separate application is required. New applicants are encouraged to apply for other fellowships with generous stipends that are available to outstanding new students at Washington University, including the Ann W. and Spencer T. Olin-Chancellor's Fellowship Program for students representing a variety of diverse backgrounds.


The Ann W. and Spencer T. Olin-Chancellor’s Fellowship

The Ann W. and Spencer T. Olin-Chancellor’s Fellowship (OCF) is an elite cohort of outstanding graduate students with wide-ranging backgrounds and from varied disciplines. The OCF is committed to nurturing a variety of distinctive backgrounds and perspectives. The OCF particularly values students who have demonstrated a commitment to gender and racial diversity, equity and inclusion. Click here for more information.

McDonnell International Scholars Academy

To be eligible to apply to the McDonnell International Scholars Academy, an individual must be a graduate of one of our University Partners and must also apply to one of a select group of full-time graduate or professional programs. Application to the academy is separate from, and in addition to, a graduate or professional program at Washington University in St. Louis. For more information, visit the McDonnell International Scholars Academy.

Conference Support

Conducting a successful job search frequently requires an outlay of funds that most PhD students do not anticipate. In addition to the annual stipend, Olin provides funding for the presentation of papers at conferences and for expenses associated with the completion of your thesis and job search. However, you may wish to seek additional resources, such as external grants and fellowships, loans, savings or family support to supplement the funding provided by Olin Business School.