Grad students are definitely cheaper than developers, but you're right that there's a lot of costs most people don't realize. At my institution, for instance, the cost of a grad student is a bit under $60k/yr to a bit over 65k/yr. Which compared to most salaries in our industry, is pretty cheap.
On our campus, our ICR rate is a bit over 50%, the grad student gets a stipend of around 27k/yr to 35k/yr and a bit over 15k to cover their fees.
Most of the UC campuses are going to look reasonably close to this number. Other universities have slightly different rate structures. I've heard ICR can go up to 70% at some private universities.
On our campus, our ICR rate is a bit over 50%, the grad student gets a stipend of around 27k/yr to 35k/yr and a bit over 15k to cover their fees.
Most of the UC campuses are going to look reasonably close to this number. Other universities have slightly different rate structures. I've heard ICR can go up to 70% at some private universities.