10 Year Review - The University of Akron

Financial Assistance
Financial assistance is crucial to student success and vital to the recruitment of quality
graduate students. The University of Akron stipend budget increased by 28% between
2001-2002 and 2010-2011, from $6.9 million to $8.8 million. The total number of
students receiving graduate assistant funding increased by 23% from 1,076 in 2001-
2002 to 1,337 in 2010-2011. This increase in the number of students supported in their
graduate studies is accounted for by grant and contract-supported research assistants.
It should be noted, the value of a student stipend, based in constant 2001 dollars, is
probably lower today than in 2001 despite the increase in the dollar amount of the
stipend budget.
University Budgeted Amounts for Graduate Assistant Stipend Dollars
for Graduate School Allocated GAs
Academic Year
Budgeted Amount
2001-2002 $ 6,886,239.00
2002-2003* $ 8,061,846.00
2003-2004 $ 7,886,239.00
2004-2005 $ 7,886,239.00
2005-2006 $ 7,886,239.00
2006-2007 $ 7,886,239.00
2007-2008 $ 8,662,551.00
2008-2009 $ 8,662,551.00
2009-2010 $ 8,662,551.00
2010-2011 $ 8,800,000.00
*There was a $1,000,000 increase in the GA stipend budget with a corresponding reduction to the GA fee
remission budget. GA stipends were also raised at this time.
* Source: The University of Akron Graduate School
9