Financial support includes six years of funding, two years of which come with no teaching duties. In the first year, all new students receive fellowships entailing no teaching. Students also receive Dissertation Fellowships (no teaching duties) for two semesters in their fifth and sixth (final) years in the program. Currently all graduate students in the department receive financial support in the form of renewable teaching assistantships or fellowships, each carrying generous stipends ($22,220 most recently) and full tuition scholarship. Qualified candidates can also compete for multi-year graduate fellowships awarded by the Graduate School: Olin Graduate Fellowship for Women and the Chancellor's Graduate Fellowship.
- Summer stipends of at least $1500 per student are anticipated for 5 years per student.
- Mr. and Mrs. Spencer T. Olin Fellowships: These fellowships are awarded as a result of an annual competition open to all women who intend to commence graduate studies at Washington University the following fall. Olin Fellowships carry stipends for four years and full tuition. Women wishing to become candidates for the Olin Fellowship competition are asked to complete a separate Olin application in addition to their application for admission. Applicants must be graduates of a baccalaureate institution in the United States. For more information, call (314) 935-6818 or visit the Olin Fellowship website.
- The Chancellor's Graduate Fellowships: These fellowships are designed to facilitate training for students who will contribute to diversity in graduate education and who are interested in becoming college or university professors. Students will be selected who, in light of all pertinent qualifications, experiences and attributes, would contribute to the diversity of graduate education at Washington University. For more information, call 314-935-6821 or visit the Chancellor's Fellowship website.
- Program applicants can also apply for entrance into the McDonnell International Scholars Academy, which offers full tuition and other benefits for as long as satisfactory progress is being made in the degree program. Program applicants from partner universities of the McDonnell International Scholars Academy (which include Universidad de Chile) are eligible to seek funding through the Academy.
- Additional sources of funding: competitive teaching assistantships in the Summer Language Institute in Madrid; editorial assistantship with Revista de Estudios Hispánicos, major refereed journal published in the Department.