Students are supported as IBMS fellows during their first academic year and receive a competitive stipend and a full tuition scholarship. Students remain fully supported after their first year provided they make satisfactory progress towards the PhD degree. Additional support past the first year is through external research awards made to the faculty advisor or, in some cases, teaching assistantships.
For the 2015-2016 academic year, the 12-month stipend is $28,016. Several university and departmental fellowships that provide higher stipends are also available on a competitive basis. For example, IBMS students are eligible to compete for fellowships from the Notre Dame Chemistry-Biochemistry-Biology Interface (CBBI) program, a NIH-funded program for graduate students working at the interface of chemistry, biochemistry, and biology. The CBBI stipend is currently $29,000 per year. All students receive a substantial subsidy for health insurance.
Students are strongly encouraged to apply for external fellowships, such as those from the National Science Foundation, during their tenure as graduate students. Help is provided for drafting competitive proposals.