MSTP Fellows receive a full tuition scholarship and health insurance during their entire stay at Stony Brook University. Fellows also receive a stipend designed to be competitive nationally and adjusted for the cost of living on Long Island. The stipend for 2023/24 is $34,000. During the graduate phase of the MSTP, students typically apply for external fellowships (e.g. from NIH, U.S. Army Breast Cancer, American Heart Association, and PhARMA). If successful, these fellowships increase their stipend amount by 10% (e.g. to $37,400 this year). The MSTP also supports travel to scientific and career development meetings and a variety of enrichment opportunities.