Knight-Hennessy Scholars supports graduate study at Stanford and a cohort-based leadership program. Applicants must separately apply to and enroll in an eligible full-time Stanford graduate degree. For the 2027 cohort, the first bachelor's degree must normally have been earned in January 2020 or later; applicants who served in the military receive a two-year extension. Funding is provided for up to three years and includes tuition and fees, living and academic expenses, and an annual travel stipend.