The Searle Scholars Program makes grants to selected academic institutions to support the independent research of outstanding young scientists who have recently been appointed as assistant professors on a tenure-track appointment. Grants are $300,000 for a three-year term with $100,000 payable each year of the grant, subject to the receipt of acceptable progress reports. Generally, the program makes 15 new grants annually.
Submissions are restricted to selected candidates from invited institutions only and are not open to individuals who have not been selected by their institution to participate in the competition.
Grants are currently set at $300,000 for a three-year period, with $100,000 payable in the first year and equal sums payable in the second and third years, subject to the receipt of acceptable progress reports. Normally, fifteen new awards will be made annually.
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