Are you aspiring to pursue a graduate degree at Stanford University? If so, you’ll want to familiarize yourself with the exceptional financial support available to Knight-Hennessy scholars. This comprehensive funding program is designed to ease the financial burden of pursuing advanced education and empower scholars to focus on their academic and personal growth.
What is Stanford Knight-Hennessy Scholars Funding?
Knight-Hennessy Scholars funding is a prestigious program at Stanford University that provides funding for up to three years of graduate study. The unique feature of this program is that it offers support for any graduate degree(s) at Stanford, allowing scholars to explore their academic passions across a wide range of fields.
Types of Funding for Knight-Hennessy Scholars
During each of the first three years of graduate study, Knight-Hennessy scholars receive several types of funding:
- Tuition and Fees: A fellowship is applied directly to cover tuition and associated fees. This means that scholars can focus on their studies without the worry of hefty tuition bills.
- Stipend for Living and Academic Expenses: Scholars receive a stipend to cover living expenses, including room and board, books, academic supplies, instructional materials, local transportation, and reasonable personal expenses. This stipend ensures that scholars can comfortably maintain their quality of life while pursuing their academic goals.
- Travel Stipend: To foster a global perspective, scholars receive a travel stipend intended to cover an economy-class ticket for one annual trip to and from Stanford. This allows scholars to broaden their horizons and engage with the global academic community.
- Additional Funding: Depending on the year of study, scholars may be eligible for additional funding:
- Newly enrolling scholars receive a one-time relocation stipend to offset some of the costs associated with moving to the area and purchasing technology.
- Second- and third-year scholars can apply for supplemental funds to support academic enrichment activities like conference travel.
Exploring Additional Graduate Programs
If Knight-Hennessy Scholars wish to enroll in an additional graduate program beyond the one listed in their initial admission letter, they have the opportunity to apply for additional funding. This extension of funding, however, is not guaranteed and is subject to review.
Degree Programs and Funding
The duration and extent of funding vary depending on the graduate degree program:
- For MA, MBA, MFA, MPP, MS, JSM, MLS, and LLM programs, scholars receive funding for up to six academic quarters, covering 1-2 years of study.
- JD programs offer funding for nine academic quarters, spanning 1-3 years.
- MD programs can receive funding for up to 11 quarters, covering 1-3 years, with years 4 and 5 supported by the Medical School.
- PhD and DMA programs provide funding for up to 12 quarters, including nine academic quarters and three summers. Beyond the third year, funding depends on the graduate program’s standard commitment.
- JD/MBA programs offer funding for nine academic quarters, spanning 1-3 years. Need-based support is available for this program.
- Medical Scientist Training Program (MSTP, MD/PhD) provides funding for up to 12 quarters, with year 4 and beyond supported by the respective graduate programs.
It’s important to note that funding for programs exceeding three years, such as MD, PhD, or Stanford dual- or joint-degree programs, is based on the standard funding commitment of the respective department and school. For specific information about funding commitments for your desired program, please contact the graduate program directly.
Knight-Hennessy Scholars is a remarkable opportunity for aspiring scholars to pursue their academic dreams at Stanford University with financial peace of mind. This comprehensive funding program ensures that scholars can focus on their studies, research, and personal growth, making the most of their graduate experience. Apply to become a Knight-Hennessy Scholar, and embark on a transformative academic journey at Stanford University.
For More Information: Knight-Hennessy
