The Knight-Hennessy Scholars Program at Stanford University is the world's largest fully endowed scholars program. Of the $750 million endowment, more than 85 percent directly supports the graduate education and living expenses of the Scholars.
Financial Support for Full Cost of Attendance
The education of Knight-Hennessy Scholars is fully funded for any graduate degree at Stanford. The Knight-Hennessy Scholars program funds up to the first three years of your graduate education, and if your degree program exceeds three years - such as an MD or PhD program, or a Stanford dual- or joint-degree program - then your Stanford home department will fund the remainder of your education to the extent consistent with its standard funding commitment for that program. (That is, e.g., six years for PhDs in engineering, five years for PhDs in humanities.)
As a Knight-Hennessy Scholar at Stanford University, you receive:
- a fellowship applied directly to cover your tuition and associated fees, and
- a generous stipend comprising your on-campus room and board; books, supplies, and instructional materials; health insurance and associated fees; travel to and from Stanford; local transportation; and reasonable personal expenses.
You may view a sample graduate student budget.
Additional Funding for Special Situations
If you engage in optional research projects during the summer, the Knight-Hennessy Scholars Program can provide summer funding. In addition, Knight-Hennessy Scholars pursuing positive impact through social entrepreneurship may be eligible to apply for seed funding.
What is Not Covered
The Knight-Hennessy Scholars Program typically does not cover costs that your home department at Stanford pays for its students - such as for subscriptions or lab equipment.
Last updated 26 January 2017