As of the Fall 2017 quarter, all Kellogg students will be subject to quarter and lifetime funding caps. These caps allow Project Impact to distribute funds fairly across the Kellogg student population. All funding is subject to an application and approval process that will take into account the strength of the student’s project as well as outside factors, outside funding, financial need and fund availability. Project Impact provides a stipend to selected students with consideration for 1) the estimated cost of living for the city the student will be working in; and 2) compensation provided by the employer. Kellogg’s Social Impact team calculates our stipend maximums by city by using publicly available data. More information on funding caps and stipend matching amounts can be found here
Students who are not completing social impact internships with an outside company/organization but are working on their own social entrepreneurial venture full-time over the summer months are eligible to apply for a stipend of up to $5,000. Social entrepreneurs will need to submit an application in the same format as the rest of the summer internship stipend applicants, but will need to note on the form that they are requesting a stipend for working on their venture full-time over the summer quarter. Please note that up to $5,000 in rolling Project Impact funding is also available, upon application and approval, for the summer quarter.