Graduate Student Taxation Information
If you are receiving a stipend which is for academically required effort to earn your degree (your department graduate coordinator can confirm your grad appointment category) you may be responsible to estimate and pay your taxes to the IRS on a quarterly basis. Typically this is only for PhD students, but if you are Master’s student who has earned a fellowship with a stipend, it will require an adherence to the same procedures.
Your tax residency category will determine to which level or if you are required to pay taxes on a quarterly basis. Your tax residency category is partly determined by your citizenship (either US Citizen, Non-resident Alien or Resident Alien for Tax Purposes). International students receiving a stipend are asked to refer to tax information on the ISO website and if necessary consult with ISO about tax filing reporting responsibilities. International students may email any tax related questions to: ROSESKES@AOL.COM.
US Citizens, Permanent Residents, or Resident Aliens for tax purposes:
If you are receiving a fellowship/stipend (job code 6000) or assistantship (job code 6002) from the University, no taxes are withheld from these appointments and you may have to file quarterly estimated tax payments with the Internal Revenue Service (IRS) and the New York State Department of Taxation and Finance (www.tax.ny.gov). Forms and instructions for estimated tax payments may be obtained from the IRS and NYS Tax websites. For more information, please review the slides from the March tax workshop.
If you choose to send estimated tax payments to the IRS, these payments are due for the remainder of 2020:
- April 15th, 2020 (First Quarter)
- June 15th, 2020 (Second Quarter)
- September 15th, 2020 (Third Quarter)
- January 15th, 2021 (Fourth Quarter)
Information about the graduate student payment process is summarized in the AS&E Grad Pay Taxation Explained (Orientation) file.
Merit-based awards are provided by the academic department during the admission process, while federal and private loan funding can be obtained through the Financial Aid Office.
The application required for federal student loans is the Free Application for Federal Student Aid (FAFSA), available at www.fafsa.ed.gov. Students who have completed their application materials will be reviewed for aid eligibility. Eligibility is determined based upon planned enrollment.
Please contact the Financial Aid Office at (800) 881-8234 or visit their website for additional details on loans and contact information for staff members.
In addition to financial aid, graduate students may be eligible for University or external fellowships. See our fellowship page for more information.
External Work Policy
Full-time students holding fellowships, assistantships, or scholarships may not accept other full-time employment.