The minimum pay for graduate teaching fellows and teaching assistants will increase by $300 next fall as part of an attempt to help UNC attract the best graduate students and provide them with a competitive salary.
The increase, which was announced Tuesday, is the result of a collaboration between the College of Arts and Sciences and the Office of the Provost and raises the minimum stipend per course from $4,100 to $4,400 next fall.
In the fall of 2002, that amount will rise to $5,000 per semester.
Aimed at helping the University compete for top graduate students, the increase will take effect one year after a tuition increase designed to help the University recruit and retain faculty.
Raising the minimum pay will require $525,000, which will be reallocated from faculty position funds.
One-third of the money for the increase will come from the Provost's Office, two-thirds from the College of Arts and Sciences.
The plan also includes tuition waivers for the majority of graduate students, as well as health insurance for all students.
Provost Robert Shelton, who started work at UNC last month, said graduate students played an active role in gaining the salary increase.
He said students presented a study that compared the cost of living in Chapel Hill with their salaries as evidence that a pay raise was needed.