Fellowships Not to Attend College

May 25, 2011

The Thiel Foundation is today announcing its inaugural class of fellows in an unusual program: $100,000 and mentorship for two years as long as the talented recipients agree to stay out of college. More than 400 people applied, and 24 fellowships are being awarded. The idea behind the program is that talented young entrepreneurs should set out to create businesses without waiting for formal education credentials.

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