Students will be given a stipend of $12,000 per year for two years. The stipend will be dispersed in three payments over the year contingent on sufficient progress in the program.
The scholarship stipends are generous to enable the students to invest their time pursuing research. BUMP scholars are discouraged from pursuing additional employment while in the program.
In addition to the yearly stipend, a $1,000 housing allowance will be provided over the summers. Students are not allowed to take classes during the summer.
In addition to the stipend and housing allowance, students will be provided with $2,000 for research supplies (awarded to the lab in which they conduct research) and $1,500 to travel to a scientific meeting.