Tuition money will be paid directly to the school. The total stipend of $42,000 will be paid to Fellow via direct deposit, unless otherwise specified. Stipends must be paid directly to Fellows. Stipend payment(s) are sent once a tuition invoice is received for the respective fall term each year.
The award funds are delivered during the fall term of the awarded year(s) and conclude at the end of the Spring term. If a Fellow graduates in the middle of the academic year, they will receive their full tuition for the semester, and half of their stipend amount (in alignment with the semester).
Transferring universities during the Fellowship should generally not pose an issue with payment. Please contact email@example.com for more information.
Use of Funds & Other Restrictions
- The $42,000 stipend cannot be redirected to the university’s lab as gift funding. Stipends must be paid directly to Fellows.
- Tuition and stipend/travel funds cannot be combined and paid to the university.
- Fellows do not receive equipment directly from Meta, but they are free to use their stipend to buy themselves a computer or any equipment necessary for conducting their research.
- Fellows cannot join Meta’s savings account plans (e.g. 401k, Health Savings Account, etc.) since they are not Meta employees.
Stipend awards are taxable and based on local tax laws (where Fellows are a resident). Tuition is sent directly to the Fellows’ university and is not considered personal income. Fellows will be asked to submit necessary tax information once accepting their award.
- Fellows who are U.S. citizens will use the 1099-Misc tax form.
- Fellows who are not U.S. citizens will receive the 1042-S tax document.
It is our policy that we do not advise Fellows on how to file their taxes. For additional guidance, Fellows should consult with a tax professional.
Conflicts of Interest
PhD students are welcome to apply for the Meta Research PhD Fellowship if their PhD is funded through other means. If an applicant is selected as a winner, we will review potential conflicts of interest and determine which funding they would have eligibility for (tuition vs. stipend, etc).
However, if a winner has accepted another offer, fellowship, or other multi-year award fund from a competing company or industry organization, they must disclose that information so we can determine if they are eligible to receive a Meta Research PhD Fellowship.
- Winners may be asked to decline funding from another company or industry competitor if they wish to accept the Meta Research PhD Fellowship. Funding in this context includes research projects, fellowships, internships, contractor work, and employment.
- Mandatory military employment or Meta contractor positions are reviewed on a case-by-case basis.
- Funding from a winner’s university or Meta internship or funding related to a teaching requirement is allowed.