Matching Funds

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What is a matching fund award?

A matching fund award is comprised of money donated by a private donor that the University matches. The proportion that is matched varies per award (e.g. some are 50% donor funds, 50% university funds; while others are 60% donor funds, 40% university funds).

I’m a full time graduate student. How do matching fund awards interact with my funding?

Matching fund awards are mainly donor funded. The donor portion of the award is always received on top of your York Graduate Fellowship. The University portion, however, is included in the York Graduate Fellowship until the funding commitment amount is met. The ‘matching’ portion of the award comes from the University, and the University is expected to contribute only once to a funding package. Under the old model, the total value of an award could be counted towards the University’s funding commitment. Under this new model, only the University funded portion of an award will count. Donor funds are received on top of the Fellowship.

For example: A student holds a York Graduate Fellowship of $5403. They win a matching fund award of $10,000. They will receive a total of $10,403, calculated as follows in this example:

Masters Domestic FT
York Master’s Fellowship (1 term)

$5,403

Sub-total Funding (A)

$5,403

Matching Fund Award #1 (50% donor funded, 50% University funded)

$10,000

Sub-total Awards (B)

$10,000

Fellowship adjustment based on University funds already received through Matching Fund Award

-$5,000

Sub-total Fellowship adjustment (C )

-$5,000

Total Funding (A+B+C)

$10,403

As the University has already contributed $5000 towards the student’s funding in the form of an award purse, the Fellowship commitment is considered met.

What if I receive two matched awards?

Students who receive a second award with a matching component would receive remaining funds 'on top' of their York Graduate Fellowship, when the matching component from both awards has exceeded the York Graduate Fellowship.

For example: A student holds a York Graduate Fellowship of $5403. They win a matching fund award of $10,000 that is divided 60% donor portion and 40% University matching portion. Then they win a second matching fund award of $5000 that is split 50% donor portion and 50% University matching portion. They will receive a total of $15,000, calculated as follows:

Masters Domestic FT (1 term)
York Master’s Fellowship

$5,403

Sub-total Funding (A)

$5,403

Matching Fund Award #1 (60% donor funded, 40% University funded)

$10,000

Matching Fund Award #2 (50% donor funded, 50% University funded)

$5,000

Sub-total Awards (B)

$15,000

Fellowship adjustment based on University funds already received through Matching Fund Award

-$5,403

Sub-total Fellowship adjustment (C)

-$5,403

Total Funding (A+B+C)

$15,000

As the University has already funded $4000 and $2500 towards the student’s awards respectively, the Fellowship commitment of University funds is considered met.

Why is the Fellowship reduced and not the award amount?

We reduce the York Graduate Fellowship to ensure that the full value of the external donor funding can be utilized and reflected on a student's CV as a named award. This ensures that the prestige of the award is recognized.