Graduate students:
The parental leave policy for graduate students can be found here. Graduate students receive “up to eight weeks of [fully paid] leave following the birth or the adoption of a child”. Graduate students are only eligible for additional paid family leave in very specific circumstances (more information here.)
Faculty:
For the most up-to-date information on faculty leave policies, see the Leave administration page on the HR website. There are also university policies on modified duties for faculty members that are new parents, part-time appointments in the year following birth or adoption, and postponement of the tenure clock for faculty with a new child. See more information in the faculty guidebook here.