Wisconsin Idea Fellowship students can qualify for an academic award of between $1,000 – 5,000. Funding varies depending on the number of students on the project proposal and the duration of the project. The money awarded to students is an academic award and thus can be used any way the student/s wish. This money can be used to cover expenses of your project but it is not necessary.
Additional funding for project development and implementation will be reimbursed based on the submission of receipts. Receipts need to be submitted to the WIF Project Assistant and/or the Morgridge Center for Public Service’s Department Administrator, Dean Ladwig. Reimbursable amounts are up to $1,000 for summer-only projects and up to $2,000 for all other projects.
Student Academic Award Breakdown
Academic Year: $3,000
Summer and Fall: $2,500
Academic Year: $5,000
Summer and Fall: $4,000
How and when do I get the funding?
Student Fellows will receive the first half of their academic award on or around July 1 of the award year, and the second half at the completion of the WIF project. This final funding is released only also after completing a 5-page reflection paper.
The “project development and implementation expenses” are separate from the academic award that student Fellows receive. An additional $2,000 ($1,000 for summer projects) is reimbursed based on the submission of receipts. Receipts need to be submitted to the WIF Project Assistant and/or the Morgridge Center for Public Service’s Department Administrator, Dean Ladwig.
You will need to prepare a final budget report that lists how the implementation budget was spent. If you do not need all of the funding placed in that account, the home department must transfer the extra funds back to the Morgridge Center for Public Service.
Do I pay tuition if my project occurs over the summer?
Yes. You must enroll in three credits of independent study if a portion or all of your project occurs during the summer. The academic award can be used to defray this cost.
Will a WIF award affect my financial aid?
No, the award will not affect a student’s financial aid package. However, the award is not tax-exempt.
What other awards prohibit me from receiving WIF funding?
You may not simultaneously receive a Wisconsin Idea Fellowship and any of the 3 following awards:
- Hilldale Research Fellowship
- Holstrom Scholarship
- Kaufmann Entrepreneurship Community Internship