Applicaton Process Awarded at Admission Division Engineering Humanities Natural Sciences Social Sciences Eligibility Incoming doctoral students Funding Type Supplement Administered By Graduate School About The President's Fellowships are awarded in recognition of academic excellence and promise to enhance the awardees' fields of study by representing divergent backgrounds, experiences, identities and perspectives. Fellows participate in the Graduate Scholars Program, a community of scholars and programs which enhance academic success, professional development and community-building. President's fellows receive a stipend supplement at the start of years one and two of study to assist with transition costs as they begin their academic careers at Princeton. Terms Fellowships provide a supplement in the first two years of study. Payments are remitted in the monthly payroll cycle at the end of August, the first month of the fall term, in each academic year.