Funding Opportunities (2025)

Even as students, computer scientists are in demand. The vast majority of Blacksburg research track graduate students were on full-time support. (Depending on the funding source, that typically means a 20 hour per week work obligation as a GTA or GRA.) GTAs and GRAs include tuition, most (but not all) fees, and a stipend of about $2500/month for nine months.Note that cost of living in Blacksburg area is low compared to most major metropolitain areas in the United States.

In addition to GTAs and GRAs, there arescholarshipsandfellowshipsavailable for graduate students. Here is information on local job opportunities near Blacksburg.

Of approximately 350 research track graduate students at the Blacksburg campus during Fall 2023, we hired over 150 Graduate Teaching Assistants (GTAs) and about 100 Graduate Research Assistants (GRAs). Many others were hired by other units on campus or at the nearby Corporate Research Center, or had funding through their government, company, fellowship, etc.

Master's thesis and Ph.D. students who receive departmental support in their first year can normally expect to receive continued support during the remainder of their course of study (typically two years for master's; four or five years for Ph.D.), as long as their job performance and degree progress are good.

Note that we no longer have a master's of science coursework-only option for non-Ph.D. students. Our coursework-only degree for non-PhD students is the Masters of Engineering (MEng) in Computer Science. MEng students do not receive funding from our department.

Graduate Teaching Assistantship (GTA):

GTA applications are accepted twice a year, in November for spring semester and in March for the following academic year. Students entering the program in fall are given an opportunity to request a GTA at the departmental orientation meeting. Be aware, however, that the department will have already screened the incoming students and awarded a pool of assistantships at the time admission offers were made. Thus, incoming students for that semester not given an assistantship from this pool generally have lower priority over continuing students for the few remaining positions.

Continuing students must have a minimum GPA of B (3.0) to be eligible for a GTA position. Decisions regarding the award of GTA positions are made by the ADH and the Graduate Program Committee. Funding decisions are largely guided by a ranking formula. Students who do not receive initial awards are placed on a waiting list and will be informed of their quartile standing on that list. The list is re-ordered at the end of the semester when new grades and GTA evaluations become available.

Graduate Research Assistantship (GRA):

Many faculty have active research programs that include funds for research assistants. Note that GRAs are most commonly awarded to students who have been in the Department for at least one semester. GRAs receive the same stipends, tuition exemption, and healthcare benefits as GTAs. Typically, GRA funding comes from grant support awarded to individual faculty members or research centers. For more information, see the various individual faculty and research center pages at this website.

Can grad students afford to live in Blacksburg on a grad assistantship? What might typical take-home pay look like for a graduate assistant after applicable deductions? What are housing costs like?

[Please note that the following was written in Spring 2021.]
One major factor affecting the typical stipend take-home pay is whether you choose to have the comprehensive fees that students pay (those not covered by the assistantship) deducted from your paycheck. Also, while the University pays most of the health insurance premium, there is a portion that the student pays, which can also be deducted from the paycheck. If you do choose both of these automatic deductions (most students do), then the actual take-home pay, after all taxes and deductions, would typically be about $700 per pay period or about $1,400 per month.

A major factor for any grad student at any school will be the cost of housing. You should never try to compare the take-home pay for assistantships at different universities without also factoring in the cost of housing. For those attending the Blacksburg campus, you can find some typical housing costs.

The CS Grad Council has provided some resources for new students regardinghousing information ontheir website.For those attending the National Capital Region campus, you can find information on housing options here. Students on assistantship at the NCR are normally paid more than are students at Blacksburg to help compensate for the higher cost of living.

Some additional reference material on assistantship compensation, deductions, and insurance is provided below:

Funding Opportunities (2025)

FAQs

What is a funding opportunity? ›

A Funding Opportunity Announcement (FOA) is the document all federal agencies use to announce the availability of grant funds to the public. What Are Some Key Elements in an FOA? By federal regulation, all FOAs must include the following key information: • Program purpose, goals, and measurement.

How do I find funding? ›

9 Realistic Ways To Fund Your Startup
  1. Friends and Family. Borrowing money from friends and family is a classic way to start a business. ...
  2. Small Business Loans. ...
  3. Trade Equity or Services. ...
  4. Bootstrapping. ...
  5. Incubator or Accelerator. ...
  6. Crowdfunding. ...
  7. Small Business Grants. ...
  8. Local Contests.

How do you identify funding opportunities? ›

Set up an appointment with a grant program officer, and share your short project proposal with them. Read and review past, successful grants. Many agencies make examples of previously awarded grants available on their website.

What are the three main types of funding? ›

The main sources of funding are retained earnings, debt capital, and equity capital.

Does the government give out $9000 dollar grants? ›

The government does not offer free money or grants to people for personal needs.

How do opportunity funds work? ›

An opportunity fund facilitates investments in opportunity zones—regions identified as experiencing economic hardship and in need of stimulus. Opportunity funds help to rehabilitate these regions while also providing investors with certain tax advantages and benefits.

What is financing opportunities? ›

Financing opportunities refer to the various ways through which people or businesses can get money or capital for a particular reason. These possibilities might include taking out loans or lines of credit to acquire money as well as obtaining funding from investors or venture capitalists.

How do startups find funding? ›

Startup funding can involve self-funding, investors and loans and may be sourced from banks, online lenders, people close to you or your own savings account.

How do you seek funding? ›

Fund your business
  1. Determine how much funding you'll need.
  2. Fund your business yourself with self-funding.
  3. Get venture capital from investors.
  4. Use crowdfunding to fund your business.
  5. Get a small business loan.
  6. Use Lender Match to find lenders who offer SBA-guaranteed loans.
  7. SBA investment programs.
Jul 16, 2024

What is the most common source of funding? ›

What Is the Most Common Source of Funding for Entrepreneurs? The most common sources of business startup capital include personal savings, family and friends, bank loans, angel investors, venture capital, crowdfunding, small business grants, business incubators and accelerators, self-funding, and revenue financing.

What are the two main sources of funding for grants? ›

The two primary sources of grant money are public and private funds. Public funds are obtained from governmental units, such as federal, state, and local agencies.

What is the difference between financing and funding? ›

Financing and Funding

When it comes to infrastructure investment, these are two separate concepts. Financing is defined as the act of obtaining or furnishing money or capital for a purchase or enterprise. Funding is defined as money provided, especially by an organization or government, for a particular purpose.

What is a funding option? ›

Understanding the Basics of Funding Options

Funding refers to the financial resources provided to a business to support its operations, growth, and development. It can come from various sources, such as personal savings, loans, investments, or government programs.

What does funding mean in real estate? ›

For a lender the word “funded” often means that they've initiated their wire for the loan proceeds. For the lender's purposes their transaction is funded in their system. From there though there are many more steps that have to happen before the whole file is actually funded.

What is a financing opportunity? ›

Financing opportunities refer to the various ways through which people or businesses can get money or capital for a particular reason. These possibilities might include taking out loans or lines of credit to acquire money as well as obtaining funding from investors or venture capitalists.

Why is a funding opportunity announcement important? ›

Funding opportunity announcements often provide information regarding the structure of your proposal. If there are not required subheadings, are there easily identifiable headings that can be gleaned from the review criteria (e.g., Significance, Goals, Broader Impacts, Evaluation)?

Top Articles
Latest Posts
Recommended Articles
Article information

Author: Rev. Porsche Oberbrunner

Last Updated:

Views: 5611

Rating: 4.2 / 5 (73 voted)

Reviews: 80% of readers found this page helpful

Author information

Name: Rev. Porsche Oberbrunner

Birthday: 1994-06-25

Address: Suite 153 582 Lubowitz Walks, Port Alfredoborough, IN 72879-2838

Phone: +128413562823324

Job: IT Strategist

Hobby: Video gaming, Basketball, Web surfing, Book restoration, Jogging, Shooting, Fishing

Introduction: My name is Rev. Porsche Oberbrunner, I am a zany, graceful, talented, witty, determined, shiny, enchanting person who loves writing and wants to share my knowledge and understanding with you.