There are many ways to fund a professional experience, ranging from funded programs to competitive fellowship awards. These may differ depending on your degree level at Yale:
Graduate School of Arts & Sciences
For students in the Graduate School of Arts & Sciences, the GSAS Professional Experiences (GPE) Fellowship offers the opportunity to work on meaningful projects in administrative offices across the University.
The amount and type of compensation employers offer interns will vary. Some may provide stipends, other may provide housing, and some may be unpaid. In many cases, an employer offering an unpaid internship may be able to offer other forms of compensation, such as reimbursement for local commuting costs or a small meal allowance.
If accepting an unpaid or low-stipend internship, students may consider acquiring a paid part-time job in addition to the internship. Before you consider this option however, confirm your daily internship hours with your employer so a part-time job does not interfere with your primary opportunity.
Yale College students seeking funding are encouraged to visit the Financial Literacy: Managing Your Money at Yale resources to find important tips on budgeting, taxes and other considerations.
Fellowships and Grants
There may be fellowships and grants you can apply for to help financially support your internship experience. Some academic departments and Residential Colleges offer fellowships that support internships; check with you DUS, Dean and Head of College to inquire if there are awards and funds available for internships or research projects. Additionally, the resources below can help you locate grant and fellowship information.
- Yale College, Fellowships Office advises student and alumni of Yale College about fellowships, scholarships, and grants. These awards range from full to partial funding and can support domestic and international opportunities in summer research, public service, independent projects, and post-graduate study.
- The Student Grants Database serves as a comprehensive, searchable resource for grants and fellowships available to support your initiatives. For example, the Alexander P. Hixon Fellowship supports international students pursuing summer travel within the US for research, independent projects, or internships lasting at least 6 weeks (please see additional eligibility requirements).
- The International Summer Award (ISA) provides funding for one summer experience abroad for undergraduates receiving Yale financial aid. This award may be applied to qualifying summer internship opportunities offered by international employers.
- Domestic Summer Award Fellowship to Support Experiences with the Arts, Government, and Non-Profit Organizations (DSA) provides a stipend of $4,000 to Yale undergraduate students on financial aid who have secured an approved unpaid summer internship in one of the following areas: a 501 (c)(3) nonprofit; a government entity; a non-governmental organization (NGO); an Arts Apprenticeship; or a Science or Research Experience.
Important Note: Under federal tax law, a scholarship or fellowship provided to a student in a degree granting program is generally taxable. If you are a candidate for a degree, however, you may be able to exclude from taxable income that part of the award used to pay the costs of tuition, required fees, books, equipment and supplies (required fees, books, equipment and supplies are limited to those specifically required of all students in a course). You cannot exclude from taxable income any part of the grant used for other purposes, such as room and board. Please refer to IRS Publication 970, Tax Benefits for Higher Education, Section 1, Scholarship, Fellowships, Grants and Tuition Reductions and the IRS tax guide for students, Taxable Income for Students.
While OCS cannot offer tax advice, the IRS Tax Office of Court Street does offer free tax advice to students.