how much does a phd course cost

by Ms. Yoshiko Haag Sr. 7 min read

Average Cost of a PhD
The average time it takes to complete a PhD is just over 8 years. That's right, 8 years. The average cost of a PhD program is $30,000 per year, which comes to a grand total of $240,000 over the course of eight years. Almost a quarter of a million dollars.
Feb 1, 2019

Full Answer

What is the real cost of a PhD?

The cost of a PhD can be divided into three key areas; tuition fees, living expenses and research expenditures. The combined cost of these are approximately £15,000 per year for UK and EU students and can increase over £35,000 per year for international students.

How much does a lawyer with a PhD make?

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: $75,400 Average Mid-Career Earnings: $141,000

How long does it take to get a PhD?

In fact, biological anthropologist, human behaviour researcher, and author, Helen Fisher, PhD, has devoted her career to understanding ... involved — so it’s natural to wonder: How long does it take to fall in love? “It’s a basic brain system ...

What's the difference between a PhD and a professional doctoral degree?

Difference Between PhD and Doctorate PhD and Doctoral degrees are similar in the sense that they are considered to be the highest learning point in a field of study A PhD is more focused on a career in academics whereas most doctoral degrees focus on a profession outside a university or research environment PhD is a prerequisite for tenure as a teacher in colleges and universities

How much does a PhD actually cost?

The average cost of a Doctorate degree is $114,300. A Doctorate of Education may cost on average $111,900. The average cost of a Doctorate of Philosophy or Ph. D. is $98,800.

How much does it cost to do a PhD UK?

How much does a PhD cost? Tuition fees vary, but usually fall between £3,000 and £6,000 per year for UK and European Union (EU) students. UK Research Councils pay universities £4,327 per year on behalf of each funded PhD student, so this gives a good indication of the average figure.

Is PhD cheaper than masters?

In other words, yes, it's often cheaper to do a PhD than a Masters. Caveats apply: it's possible you may not be offered funding (in which case a PhD is also more expensive).

Is getting a PhD expensive?

The average time it takes to complete a PhD is just over 8 years. That's right, 8 years. The average cost of a PhD program is $30,000 per year, which comes to a grand total of $240,000 over the course of eight years. Almost a quarter of a million dollars.

Is PhD free in UK?

The cost of a PhD can be divided into three key areas; tuition fees, living expenses and research expenditures. The combined cost of these are approximately £20,000 per year for UK students and can increase to over £40,000 per year for international students.

Is a PhD worth it 2020?

tl;dr It's up to you to make it worth it. A PhD can hurt your finances, sink you in debt, and leave you with no clear path to success in some fields. But PhDs statistically earn more than their and have lower unemployment rates.

How many years is a PhD?

four to six yearsOn average, a Ph. D. may take up to eight years to complete. A doctorate degree typically takes four to six years to complete—however, this timing depends on the program design, the subject area you're studying, and the institution offering the program.

Are most PhDs free?

While it can cost anywhere from $12,000 (public institution) to $28,000 (non-profit private institution) per year to attend a PhD program, there are fully funded PhD programs that allow students to get their degrees for free.

What is the importance of PhD fees?

Another important aspect of PhD fees, particularly if you are studying abroad, is getting to your destination country or city. This is something that is good to budget for in advance.

Why are bench fees higher for PhD?

Bench fees are one reason why PhD fees for STEM subjects are generally higher than for Arts, Humanities and Social Sciences. Specific costs vary depending on the nature of the programme and the kind of research you are undertaking. Because of this, details of bench fees are discussed during the application or are made available on request.

What do universities offer for PhD students?

Universities offer scholarships, bursaries and full studentships to help students cover the cost of a PhD sudy (the latter are often provided by the UK Research Councils. Most university funding is provided on the basis of academic merit or to support widening participation. A government PhD loan is also available to some students. You can find more information on the different way to fund your PhD here.

What is research support fee?

For laboratory-based students, these are known as bench fees, which cover the cost of consumables and the use of facilities required to do experiments.

Is a PhD cheaper than a taught degree?

The Cost of a PhD. A PhD is usually cheaper than a taught degree, but the large variety of different subject areas, universities and higher education systems mean that the average fees and living costs vary.

What is online PhD?

Online PhD programs mean accessibility and convenience. They are offered by at least 200 accredited schools all over the United States in various disciplines. Cost-wise, online PhD programs are significantly less expensive than conventional on-campus programs.

How many people have a masters degree in the US in 2018?

In 2000, 10,4 million Americans had a master’s degree, whereas in 2018, this figure climbed to 21 million. The situation is similar when it comes to doctorate degrees – it is estimated that in 2000, 2 million Americans had a doctorate degree, whereas in 2018, this number rose to 4,5 million.

How many universities are there in the US?

In the United States, there are more than 4,000 universities, and about one-third of them award doctoral degrees. Some of those are public universities, where the cost of a doctorate degree is typically lower, but there are also private universities that do not receive state funding.

Is it cheaper to enroll in online classes?

The previously mentioned statistics seem to indicate that currently, most students who enroll in online courses do so out of necessity – it’s cheaper, rather than because of mere preference of online learning. However, in the upcoming years, the percentage of students enrolled in online courses will increase.

Do PhD students get a stipend?

Although if you combine the fees, tuition, and living expenses, the cost of PhD that you’ll end up with will be a significant one, most PhD students receive either a stipend or a partial or even full fee waiver.

Is an academic degree a requirement for a job?

Because of that, the competition for the best jobs becomes even fiercer. In some fields, an academic degree is considered to be a requirement to get a job. Unfortunately, traditional university courses take too much time, and it’s not only about the classes – you should also consider the commute.

Is a PhD in business management online?

That said, the cost of an online doctorate degree varies depending on your program of choice and the number of years required for completion. A PhDin Business Management is one of the most sought-after online degree programs.

How much does a psychology PhD cost?

An online PhD in Education tends to be the most expensive of doctoral programs. The average price of is over $21,000. Many school administrators, who work throughout the academic year, favor online graduate programs so they can study while working.

How many accredited schools offer PhD programs?

Online PhD programs are now offered by over 200 accredited schools in a variety of disciplines ranging from computer science, business management, to educational leadership. Getting an online PhD is, most times, far less expensive than the traditional classroom setting alternative.

How many PhDs were awarded in 2016?

American universities have awarded nearly 60,000 doctorate degrees in 2016 and has been on a steady incline since 2000 when 40,000 PhDs were awarded. Among these doctorate recipients are many who chose to get their PhDs online.

How many credits do you need to get a PhD?

Ph.D. programs can require as many as 120 credits (fewer for doctorate programs), making the financial commitment substantial. When researching Ph.D. programs, ask questions about the cost per credit hour and the minimum number of credit hours needed to complete the degree.

Is it expensive to get a PhD?

In addition to being academically rigorous and time-consuming, earning a Ph.D. can also be a pricey proposition. In addition to expenses like tuition, textbooks, and lab or activity fees, there are also less apparent and sometimes hidden costs that many prospective graduate students don’t know to factor into their calculations.

Which countries offer free PhD programs?

A handful of countries offer PhD programmes for free. These include, but are not limited to, Denmark, Greece, Iceland, Norway and Poland.

What is a bench fee for a research project?

If your research project requires a high use of consumables, equipment or other resources, you may have to support the cost of these through an additional annual fee. This additional annual fee, often referred to as either a ‘research support’ or ‘bench’ fee, often apply to laboratory-based STEM research projects. Bench fees vary between different projects, even those within the same field. Therefore, it is best to speak to the admissions team on a project-by-project basis to receive anything useful.

How long is the overtime period for a PhD?

This period is known as your ‘registration period’ and is usually 3-4 years for a full-time PhD and 6-7 years for a part-time PhD.

Is it cheaper to do a PhD part time or full time?

If you’re doing a part-time PhD, you can expect the fee to be half of these amounts. Although this may appear to be a cheaper option, keep in mind that the average duration of part-time PhDs are twice that of full-time PhDs. Therefore, the total tuition cost will amount to the same value and the end of both courses.

What is a PhD studentship?

Some PhD studentships are called Graduate Teaching Assistantships and these include a requirement to spend time teaching and assisting with the undergraduate and postgraduate taught courses.

Is the Research Councils UK stipend tax free?

If you are receiving the Research Councils UK stipend, then that's great news as it's tax-free. However, it will have to cover all of your expenses. Living costs vary across the UK, especially housing and transport. Studying outside of London will keep your costs down.

Can I get a PhD funded?

It is possible to get a fully funded PhD. It's hard to believe when you come from the taught degrees of the undergraduate world, but some students get paid to research. Many students have a combination of funding sources, but start your search for PhD scholarships at the institution that has accepted your research proposal.

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Table of Contents

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The Cost of College Education

  • The figures that we have just mentioned are true despite the fact that college tuition has been dramatically rising in recent years. In the United States, the situation of PhD students isn’t as dramatic as that of those pursuing Bachelor’s or Master’s degrees. Although if you combine the fees, tuition, and living expenses, the cost of PhD that you’ll end up with will be a significant one, …
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The Growing Popularity of Online Phd and Doctoral Programs

  • The Internet is largely seen as a great equalizer, as it allows large swaths of the population to access information in a blink of an eye. Similarly, online PhD courses make it possible for individuals to receive higher education without having to face the cost of courses in brick-and-mortar universities. A study by Babson Survey Research Group has found out that in 2012, abou…
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Why You Should Consider Online Education

  • If you still aren’t convinced, we have prepared a list of the most popular reasons why people enroll in online courses: 1. The number one factor why people choose online education is simple: it’s cheaper. The average cost of online courses is around twice as cheap, which means that even individuals from impoverished families or those who simply wouldn’t want to get into debt can a…
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Final Thoughts

  • Even though pursuing a doctorate degree in an online university would be a great opportunity for many people, there is a perception that potential employers don’t regard online courses highly. Although it is certainly true that there are many online universities that don’t offer education of high quality, the solution to this problem is simple. Before you decide to enroll in any online clas…
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Cost of Graduate Tuition

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When thinking about the cost of a Ph.D., the first expense that comes to mind is tuition. As with undergraduate tuition, the price to look at for graduate education is the cost per credit hour and the number of credits required to earn the degree.Cost per credit hour for graduate education varies quite a bit from one institution to an…
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What Factors Determine Cost?

  • There are many factors that determine the cost of a Ph.D. Some are similar to undergraduate education: in-state versus out-of-state costs, private schools versus public schools, and methods of delivery (in-person, online, or a hybrid of the two) are all part of the financial picture. Online programs are more competitively priced than traditional, on-campus programs, though they are …
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Hidden Costs of A Ph.D.

  • Beyond the price per credit hour, there are other costs of a Ph.D. that should be considered before diving in. There are many costs that contribute to the overall price of a Ph.D. over and above tuition and fees. It’s a good idea to think about and plan for these costs well ahead of beginning your doctoral program. Hidden costs of a doctorate include:
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Additional Costs of A Ph.D.

  • When thinking about the price of a Ph.D., there are other, less tangible costs to be factored into your cost-benefit analysis.Critics of graduate school point out that the duration of programs means that most students either delay beginning their professional careers or pause them. They’re not wrong. While the financial rewards for earning a graduate degree can be great, many …
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