Thiel Fellowship is a fellowship funded by Thiel Foundation.
Thiel Fellowship offers a total of 100,000 U.S. dollars for students under the age of 20, so that they could drop out of school and pursue other work. These other work could involve scientific research, creating a startup, or working on a social movement.
Thiel Fellows are given a grant of 100,000 U.S. dollars to focus on their work, their research, and their self-education while outside of university.
Fellows are guided by its community of visionary thinkers, investors, scientists, and entrepreneurs, who provide supervision and business connections that can't be replicated in any classroom.
Alum and current fellows of Thiel Fellowship have produced more than 100 million U.S. dollars in economic activity, including investments, exits, revenue, and grants.