Student Stipends

Stipends are paid in two parts, one after each successful evaluation.

  • First Evaluation (paid July 19): 45%
  • Final Evaluation (paid September 1): 55%

Stipend amounts are calculated based on your location.

How is my location determined?
Your location is determined by where you are currently enrolled in school. If you are enrolled at an online institution, your stipend is determined by your home location.
How are the stipend amounts determined?
We are using a Purchasing Power Parity (PPP) based calculation to determine the stipend. We start with a base amount of 3000 USD and then adjust it based on each country's PPP value. There is a minimum (1500 USD) and maximum (3300 USD) stipend amount. The base amount takes into consideration the fact that many schools are in urban centers which can be more expensive than other parts of the country.
What is Purchasing Power Parity? (PPP)

Purchasing Power Parity is a way to estimate the exchange rate between two currencies to determine equivalent purchasing power.

Total Stipend Amount

Country Amount in USD
Afghanistan $1500
Albania $1500
Algeria $1500
Andorra $2100
Angola $1500
Antigua and Barbuda $2400
Argentina $1500
Armenia $1500
Australia $3000
Austria $2700
Azerbaijan $1500
Bahamas, The $2700
Bahrain $1500
Bangladesh $1500
Barbados $3300
Belarus $1500
Belgium $2400
Belize $2100
Benin $1500
Bermuda $3300
Bhutan $1500
Bolivia $1500
Bosnia-Herzegovina $1500
Botswana $1500
Brazil $1800
Brunei Darussalam $1500
Bulgaria $1500
Burkina Faso $1500
Burundi $1500
Cabo Verde $1500
Cambodia $1500
Cameroon $1500
Canada $2700
Central African Republic $1500
Chad $1500
Chile $1800
China $1800
Colombia $1500
Comoros $1500
Congo, Dem. Rep. $1500
Congo, Rep. $1800
Costa Rica $1800
Cote d'Ivoire $1500
Croatia $1500
Cyprus $2100
Czech Republic $1500
Denmark $3000
Djibouti $1800
Dominica $2100
Dominican Republic $1500
Ecuador $1500
Egypt $1500
El Salvador $1500
Equatorial Guinea $1500
Estonia $1800
Ethiopia $1500
Fiji $1500
Finland $2700
France $2400
Gabon $1500
Gambia, The $1500
Georgia $1500
Germany $2400
Ghana $1500
Greece $1800
Grenada $1800
Guatemala $1500
Guinea $1500
Guinea-Bissau $1500
Guyana $1500
Haiti $1500
Honduras $1500
Hong Kong $2400
Hungary $1500
Iceland $3300
India $1500
Indonesia $1500
Iraq $1500
Ireland $2700
Israel $3000
Italy $2400
Jamaica $1500
Japan $2700
Jordan $1500
Kazakhstan $1500
Kenya $1500
Kiribati $2100
Kosovo $1500
Kuwait $1800
Kyrgyz Republic $1500
Lao PDR $1500
Latvia $1800
Lebanon $1500
Lesotho $1500
Liberia $1500
Libya $1500
Lithuania $1500
Luxembourg $2700
Macao SAR, China $2100
Macedonia $1500
Madagascar $1500
Malawi $1500
Malaysia $1500
Maldives $1500
Mali $1500
Malta $1800
Marshall Islands $3000
Mauritania $1500
Mauritius $1500
Mexico $1500
Micronesia, Fed. Sts. $3000
Moldova $1500
Mongolia $1500
Montenegro $1500
Morocco $1500
Mozambique $1500
Myanmar $1500
Namibia $1500
Nepal $1500
Netherlands $2700
New Zealand $3000
Nicaragua $1500
Niger $1500
Nigeria $1500
Norway $3300
Oman $1500
Pakistan $1500
Palau $2700
Panama $1500
Papua New Guinea $1800
Paraguay $1500
Peru $1500
Philippines $1500
Poland $1500
Portugal $1800
Puerto Rico $2700
Qatar $2100
Romania $1500
Russian Federation $1500
Rwanda $1500
Samoa $1800
Sao Tome and Principe $1500
Saudi Arabia $1500
Senegal $1500
Serbia $1500
Seychelles $1800
Sierra Leone $1500
Singapore $1800
Slovak Republic $1800
Slovenia $1800
Solomon Islands $2700
South Africa $1500
South Korea $2100
South Sudan $2700
Spain $2100
Sri Lanka $1500
St. Kitts and Nevis $2100
St. Lucia $2100
St. Vincent and the Grenadines $1800
Suriname $1500
Swaziland $1500
Sweden $2700
Switzerland $3300
Taiwan $1500
Tajikistan $1500
Tanzania $1500
Thailand $1500
Timor-Leste $1500
Togo $1500
Tonga $2100
Trinidad and Tobago $1800
Tunisia $1500
Turkey $1500
Turkmenistan $1500
Tuvalu $2700
Uganda $1500
Ukraine $1500
United Arab Emirates $1800
United Kingdom $2700
United States $3000
Uruguay $2100
Uzbekistan $1500
Vanuatu $2700
Venezuela $1800
Vietnam $1500
West Bank and Gaza $1800
Yemen, Rep. $1500
Zambia $1500
Zimbabwe $1500