The University of Toronto, based in Toronto, Canada offers a fully funded PhD in Philosophy. There are two types of PhD programs: A four-year PhD, and A five-year PhD program. The five-year Ph.D. program is the direct entry for students with a BA degree and the four-year Ph.D. is the entry with a MA degree. Every full-time graduate student they admit is guaranteed financial support for the prescribed duration of the program. This support fully covers tuition, fees, and health insurance, including funds for living expenses and also travel funding. Average funding is about $26,000, with the possibility of further income in the form of additional teaching assistantships and summer instructorships.