Graduate students in the Faculty of Humanities normally receive financial support averaging $12,000 to $14,000 per year for the first four years that they are registered full time in a PhD program. This sum consists of a teaching assistantship (currently worth over $10,000) for which the student normally works 266 hours over two terms, and a graduate scholarship. Research assistantships may also be available in lieu of a teaching assistantship, depending on faculty research needs and funding.
Applicants are also encouraged to apply for external scholarship funding, such as the Ontario Graduate Scholarship and the Canada Graduate Scholarship Program, if they are eligible.
Tuition fees for the most recent academic year can be found at http://www.mcmaster.ca/bms/student/SAC_fees_grad.html
Ontario Graduate Scholarship: https://osap.gov.on.ca/OSAPPortal/en/A-ZListofAid/PRD19842319.html
Canada Graduate Scholarship: http://www.nserc-crsng.gc.ca/students-etudiants/pg-cs/cgsm-bescm_eng.asp
McMaster School of Graduate Studies Scholarship Listings: https://graduate.mcmaster.ca/awards-funding/scholarships