Funding stats (2024)

Psychology doctoral and master's programs differ considerably in the amount of funding students can get to help them get through. Here are some statistics:

Students who receive any program-awarded funding:

• 43 percent of students in master's programs.

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• 80 percent to 100 percent of students in PhD programs.

• 14 percent to 40 percent of students in PsyD programs.

Students who receive full funding (tuition waiver plus a stipend):

• Less than 10 percent of students in master's programs.

• 1 percent to 10 percent of students in PsyD programs.

• 60 percent to 90 percent of students in PhD programs.

Source: Norcross, J.C., Ellis, J.L., & Sayette, M.A. Getting in and getting money: A comparative analysis of admission standards, acceptance rates, and financial assistance across the research-practice continuum in clinical psychology programs. Training and Education in Professional Psychology (in press).