Stipend
Checks
Fellowship stipends are distributed semi-monthly (twice each month,
on the 15th and the 31st, or the Friday preceding these dates) over
the calendar period for which they are awarded. In most cases, the
award period is for the 12-month period beginning September 1 and ending August 31. The first check of the semester will be issued
on September 15. To determine the amount of each of your semi-monthly
checks, divide the amount of your stipend by the number of months
for which it is awarded (usually nine months) and then divide again
by two (stipends are distributed twice each month). A $25,000 stipend will be distributed in 24 equal installments of $1,042 each, beginning on September 15 and ending on August 31.
The September 15th check for all first-year students is directed
to the home department and may be obtained from your departmental
Registrar. We encourage students to sign up for direct deposit to
a local bank, once they have arrived in New Haven and have determined
which bank or credit union best suits their needs. Forms (down
load form) for directing stipend checks to banks, credit unions,
or local mailing addresses are available at the Financial Aid Office
or from departmental registrars. Until the Financial Aid Office receives
notice of alternative plans, checks will continue to be directed
to departmental addresses. |
Please note that check
addresses may be changed at only one place: the Financial Aid Office
of the Graduate School, Room 129 HGS. The FAS Registrar's Office,
which maintains records for all other types of mailing addresses,
cannot record changes in check addresses.
We encourage students to
arrive in New Haven with sufficient cash available to cover the initial
costs of apartment deposits (usually one month's rent), utility connections,
food, transportation, and other basic maintenance costs until the
first stipend checks are distributed in mid-September. In the event
of urgent need, students may request an advance of up to $500, available
within three days after application. Application for the advance must
be made in person at the Financial Aid Office, Room 129 HGS no earlier
than Orientation. This stipend advance may be repaid by gradual deduction
from subsequent stipend checks, through the end of the calendar year,
and is available only to students admitted with a stipend sufficient
to repay the full amount by December 31. |