PhD Programs: Funding For Science Fellowships is Needed

New York State is looking for scientists. The Yeshiva University of medical science is seeing a lack of students who want to earn their PhD degree to become scientists. Many students don't even consider the degree due to the expense and lack of funding for fellowships.

The Obama administration has called for tripling the number of science fellowships in graduate education in the 2010 budget to draw more students into the field.

Only 1 in 10 applicants get funding from the National Science Foundation, Short noted. Others have to rely on institutional aid, or grants from smaller foundations

If science students can't find funding, they probably won't enroll. Unlike some other fields, practically nobody pays their own way through their graduate-level science education, Short said.

Funding is necessary because students can't expect to be making huge salaries once they graduate, said David M. Holland, professor of mathematics and director of the Center for Atmosphere Ocean Science at New York University.

According to job listing site Indeed.com, the average scientist in New York earns $90,000 per year " 21 percent higher than the nationwide average salary of $74,000.

Funding for physical, mathematical and engineering sciences is at an all time low and has been declining for the past 30 years. Hopefully more government funding will bring about resurgence in students who are looking to go in to a PhD program.

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