The Wallace Stegner Fellowship at Stanford University provides 10 two-year professional fellowships annually: 5 fellowships in fiction writing and 5 fellowships in poetry writing. Fellows meet weekly in a 3 hour class with teachers, but do not need to meet any curricular demands except for attending workshops. The Fellowship does not offer a degree. Candidates must demonstrate the quality of their creative work, their willingness to develop their skills, and their capacity to expand their expertise. Fellowships receive a stipend of $26,000 annually and Stanford University pays educational costs and medical health insurance.