The University of Toronto, based in Toronto, Canada offers a fully funded PhD in Sociology. The objective of the PhD program is to prepare candidates for a career in teaching and research by providing training to conduct theoretically informed and methodologically sophisticated state-of-the-art sociological research. The Faculty of Arts and Science has instituted a funding guarantee that covers PhD students for four or five years. The guarantee is equal to tuition plus $20,500. The guarantee is met by a balance of three components: the U of T Fellowship, Teaching Assistantships, and Research Assistantships.