The Thiel Fellowship gives US$250,000 over two years to young people who want to build new things instead of going to university. Anyone aged 22 or younger without a university degree can apply, from any country. The Thiel Foundation takes no equity and accepts applications all year. Students may apply, but must leave their studies if they are selected.
Who can apply
Nationality
The Thiel Foundation says anyone aged 22 or younger without a university degree is eligible, and that fellows are based all over the world. A Tunisian can apply from Tunisia.
Age and degree
Applicants must be 22 or younger and must not hold a university degree.
Studies
Students can apply, but a fellow must drop out of school to accept the fellowship.
Funding and what it does not cover
Each fellow receives US$250,000, spread over two years. The foundation takes no equity in the fellow's company.