Winners of the Fellowship are entitled to receive two years of paid tuition and fees, a $42,000 annual stipend to cover living costs, various opportunities to engage with Meta researchers, and an invitation to the annual Fellowship Summit.
Meta does not claim any right to work performed during or as a result of the Fellowship. All research conducted by the Fellow belongs to the Fellow. This excludes any work completed as a Meta employee, should the Fellow do an internship or consult during their Fellowship.
Tuition money will be paid directly to the school. The total stipend of $42,000 will be paid to Fellow via direct deposit, unless otherwise specified. Stipends must be paid directly to Fellows. Stipend payment(s) are sent once a tuition invoice is received for the respective fall term each year.
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The award funds are delivered during the fall term of the awarded year(s) and conclude at the end of the Spring term. If a Fellow graduates in the middle of the academic year, they will receive their full tuition for the semester, and half of their stipend amount (in alignment with the semester).