Financing your Master's Degree in Data Science or Computational Science and Engineering

At Harvard IACS, students typically finance their master’s degree program with a combination of loans, savings, family support, grants (from governments, foundations and companies), fellowships and scholarships. We recommend you visit the Harvard Graduate School of Arts and Sciences (GSAS) Funding and Financial Aid website prior to your application to learn more about your options.

Once you have been accepted into the Data Science or Computational Science and Engineering master's degree program, you will become eligible for additional funding.

Additional Funding

Teaching Fellowships

Approximately 15% of our students are paid Teaching Fellows, usually in the second year, but sometimes in the first year, based on experience. Teaching compensation is paid out at Harvard graduate student rates.

Learn more about Teaching Fellowships

IACS Funding

IACS awards scholarships from an anonymous donor's annual gift. These awards are currently primarily distributed to students to fund part of the research year doing a master’s thesis. Awards have typically ranged from $5000 to $20,000. Applications for these scholarships open in the Spring semester.

IACS is currently working with others at Harvard, and externally, to improve financial aid options for incoming students, including students from under-represented populations. We recommend that you check this page frequently for more information as we are updating this page and our resources regularly.

Sign up if you’d like to be notified about additional changes or funding opportunities.

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External Funding

Amazon Robotics Day One Fellowships

The Amazon Robotics Day One Fellowship is a program established to support talented students from diverse technical and multicultural backgrounds who are pursuing master of science degrees. The program was developed to support emerging leaders in science from backgrounds underrepresented in STEM, awarding scholarships, mentorship, and career opportunities. The fellowship program was launched in 2021 and has expanded to support students at seven universities, including Brown, Boston University, Harvard, Massachusetts Institute of Technology, Northeastern, Stanford, and Worcester Polytechnic Institute. Recipients receive fully funded fellowships in robotics, engineering, computer science, and related fields that will cover tuition, living expenses, and other costs. In addition to graduating debt free, all fellows receive the opportunity to intern at a division of Amazon Robotics during their master’s programs. During their summer at Amazon Robotics, the Fellows connect with and receive mentorship from industry experts and members of leadership to gain hands-on experience in their chosen field. This fellowship opportunity will be available for the coming academic year and students from under-represented backgrounds who are U.S. citizens and pursuing a STEM-related master’s degree at one of the seven participating universities will be eligible to apply upon acceptance.  Learn more about this Fellowship

Other External Funding

Here below are some additional specific opportunities from external funders that our Graduate Advisory Committee (student-run) has identified. Please check for deadlines; some are as early as December.