The Thiel Fellowship

Founded by technology entrepreneur and investor Peter Thiel in 2011, the Thiel Fellowship is a two-year program for young people who want to build new things. Thiel Fellows skip or stop out of college to receive a $100,000 grant and support from the Thiel Foundation's network of founders, investors, and scientists. If you want to continue your education by building something you care about, read on. Your $100,000 is a grant. So long as you're working, you can use the funds however you want; the Fellowship does not take any ownership stake in your project. You can't do it alone. Whether you need programmers or salespeople, our network helps you build your team. And since every new business will face common challenges, we provide in-house expertise in engineering, marketing, and design. All of our Fellows are 22 or younger. Every one of them has stopped out of college to work on a unique project. You'll be surrounded by peers who understand what you're trying to accomplish. Between 20-30 Fellows are selected annually. You do not need a pitch deck to apply, but it helps. A short deck or prospectus is a great way to state clearly and concisely what you're working on. You may apply for the fellowship if you are in school, though if you're selected you'll need to stop out in order to accept the Fellowship.There is no application deadline since we accept rolling applications and review them as they coming in. For more information or to apply, please visit the scholarship provider's website.

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Award Amount: $100,000
Competitive: Yes
Essay required: Yes