Great question! At the end of my undergraduate degree, I was lucky enough to be awarded a funded studentship by the Economic and Social Research Council. This funded my Masters degree and continues to fund my Ph.D. I also receive some money each month as part of my studentship, and this is how I get paid! Once research psychologists have received their PhD, they will then be paid either directly by a university/their employer, or they might be able to get some money from applying to a grant from the Government.
Good question! Lots of researchers are also teachers, so a professor at a university might conduct research alongside their teaching duties, and carry out research along with their students. Otherwise, you generally have to apply for grants. In order to do that, you have to convince somebody (a government body, a private organisation or a charity) that your research is really worthwhile and will discover something new that will help people or help advance knowledge in your field.
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Caitlin commented on :
Good question! Lots of researchers are also teachers, so a professor at a university might conduct research alongside their teaching duties, and carry out research along with their students. Otherwise, you generally have to apply for grants. In order to do that, you have to convince somebody (a government body, a private organisation or a charity) that your research is really worthwhile and will discover something new that will help people or help advance knowledge in your field.