About the opportunity
What this programme is offering
Jane Street Graduate Research Fellowship 2027: $50,000 Stipend and Full Tuition Support for PhD Students
Are you a doctoral researcher looking for financial support to advance your research in computer science, mathematics, physics, statistics, or electrical engineering? The Jane Street Graduate Research Fellowship (GRF) 2027 offers an opportunity for outstanding PhD students to receive substantial funding while pursuing advanced research.
Jane Street is accepting applications for its 2027 fellowship, which provides full tuition and fee coverage for the upcoming academic year, together with a US$50,000 stipend to support living expenses. Finalists will also receive a separate US$5,000 monetary award.
The fellowship is open to eligible domestic and international doctoral students studying at accredited research institutions in the United States, Canada, the United Kingdom, Europe, Australia, New Zealand, and Singapore. Eligible students who have committed to beginning a qualifying PhD programme in Fall 2027 may also apply.
Application deadline: 13 November 2026, Anywhere on Earth (AoE).
Recommendation letters must be submitted by 1 December 2026, AoE.
Jane Street Graduate Research Fellowship 2027: Overview
Fellowship: Graduate Research Fellowship (GRF) 2027
Sponsor: Jane Street
Eligible fields: Electrical engineering and computer science, mathematics, physics, and statistics
Tuition support: Full tuition and fees for the upcoming academic year
Stipend: US$50,000, or the equivalent in local currency
Finalist award: US$5,000
Eligible applicants: Current PhD students and qualifying incoming doctoral students
Eligible study locations: United States, Canada, United Kingdom, Europe, Australia, New Zealand, and Singapore
Application deadline: 13 November 2026, AoE
Recommendation letter deadline: 1 December 2026, AoE
Expected award notifications: February 2027
Application method: Online application through Jane Street's official fellowship portal
Applicants should consult the official fellowship guidelines to confirm the award conditions, eligibility requirements, and application procedures.
About the Jane Street Graduate Research Fellowship
Jane Street is a quantitative trading firm that uses mathematics, statistics, computer science, machine learning, and other technical disciplines to solve complex problems in global financial markets.
Through its Graduate Research Fellowship, the company supports doctoral researchers whose work demonstrates technical excellence, intellectual curiosity, and a commitment to rigorous academic research.
The fellowship recognises the importance of fundamental research and encourages applications from students tackling challenging questions across the eligible disciplines.
Applicants do not need to conduct research directly related to finance or trading. Students working on relevant theoretical, computational, scientific, or engineering problems may also be considered, provided they satisfy the programme's requirements.
The fellowship is intended to help researchers continue their doctoral studies while concentrating on developing ideas, advancing technical knowledge, and contributing to their respective fields.
Fellowship Benefits and Financial Support
The Jane Street Graduate Research Fellowship offers several forms of financial and professional support.
1. Full Tuition and Fee Coverage
Successful fellows receive coverage of their full tuition and fees for the upcoming academic year.
This support helps reduce the financial burden of doctoral study and allows recipients to focus more fully on their research. Payment arrangements may be coordinated with the recipient's university, subject to the fellowship's terms.
2. US$50,000 Research Fellowship Stipend
Each fellow receives a stipend of US$50,000, or its equivalent in local currency, to help cover living expenses while pursuing doctoral research.
The stipend is taxable and may be subject to applicable withholding taxes. Applicants should review the official award terms to understand how payments are administered and what deductions may apply.
3. US$5,000 Award for Finalists
Finalists will receive a separate monetary award of US$5,000.
Applicants should consult the official fellowship guidelines for clarification on how finalist status is determined and how the award is administered.
4. Research Networking and Professional Exposure
Fellows will be invited, but are not required, to visit a Jane Street office and present a talk on a topic of their choice to employees and other fellowship recipients.
Jane Street will cover the expenses associated with this visit.
This opportunity allows researchers to share their work, discuss technical ideas with other professionals, and connect with fellow doctoral researchers working across different disciplines.
Eligible Fields of Study
The fellowship welcomes applications from PhD students conducting research in the following areas.
Electrical Engineering and Computer Science
Eligible research may cover relevant areas of computing, systems, electrical engineering, and computer science.
Students working on challenging technical problems in these disciplines may apply if their academic and institutional circumstances meet the fellowship requirements.
Mathematics
The programme supports research involving theoretical mathematics, applied mathematics, computational methods, and related areas of mathematical inquiry.
Applicants should clearly communicate the significance of their research and the problems they are seeking to solve.
Physics
Doctoral researchers conducting fundamental or applied physics research may be eligible.
Their work may involve investigating scientific principles, developing theoretical models, or addressing complex problems within relevant areas of physics.
Statistics
Students working in statistical theory, methodology, modelling, and related quantitative fields are also encouraged to explore the opportunity.
Research statements should explain the central question, the methods being investigated, and the potential contribution to the field.
Related opportunity: Students whose work focuses on programming languages and compilers may also wish to explore Jane Street's separate Tools and Compilers Research Internship.
Eligibility Requirements
Applicants must satisfy the fellowship's academic, research, and institutional requirements.
1. Academic Status
Candidates must meet one of the following conditions:
Be currently enrolled in a PhD programme with at least one year remaining in their doctoral studies; or
Have committed to beginning a qualifying PhD programme at a specified university in Fall 2027.
Applicants should verify how the fellowship defines the relevant academic year and the required remaining period of study.
2. Eligible Universities and Study Locations
Recipients must remain active, full-time PhD students in good academic standing at an accredited, degree-granting research institution in one of the following locations:
United States
Canada
United Kingdom
Europe
Australia
New Zealand
Singapore
Applicants should confirm that their particular institution and doctoral programme satisfy the sponsor's requirements.
Recipients must maintain the required academic status throughout the academic year covered by the award. Failure to meet the conditions may result in forfeiture of the fellowship.
Deferrals arising from medical reasons or other exceptional circumstances may be considered individually, subject to the sponsor's policies.
3. International Applicants
International students are eligible and encouraged to apply, provided they meet the academic and institutional requirements.
The supplied announcement does not restrict eligibility to a particular nationality. However, applicants must study, or have committed to study, at an eligible institution in one of the specified locations.
For prospective applicants in Uganda and elsewhere in Africa, it is important to note that the university's location and the applicant's doctoral status are key considerations. Studying at a university outside the listed eligible locations may not satisfy the fellowship requirements.
Required Application Documents
Applicants should prepare the required materials before completing the online application.
1. Academic CV or Résumé
Submit an up-to-date CV outlining your academic background, research experience, publications, technical skills, and relevant achievements.
Where applicable, highlight research projects, academic contributions, conference presentations, and other evidence of your technical abilities.
Keep the document clear, accurate, and focused on your doctoral research and academic accomplishments.
2. Research Statement
Applicants must provide a brief statement describing their current research or proposed research direction.
Jane Street recommends a statement of approximately one to two pages, although longer submissions may be acceptable when necessary.
The statement should be understandable to readers with mathematical or technical knowledge who may not specialise in the applicant's particular research area.
A strong research statement should explain:
The research question or problem being investigated.
Why the problem is important.
The methods, ideas, or approaches being explored.
The potential contribution of the research to the relevant field.
Avoid relying excessively on specialist terminology without explanation. The goal is to communicate the value and intellectual significance of the work clearly.
3. Recommendation Letter Contacts
Applicants should provide contact information for their academic referees.
Jane Street will contact the nominated recommendation writers directly to request their letters.
Before submitting your application, inform your referees about the fellowship, explain the submission deadline, and confirm that they are willing to provide recommendations.
Recommendation letters must be submitted by 1 December 2026, AoE. The supplied announcement also states that letters may be submitted proactively to graduate-research-fellowship@janestreet.com.
Applicants should verify the accepted submission procedure and any referee instructions on the official application portal.
How to Apply for the Jane Street Graduate Research Fellowship 2027
Follow these steps to prepare and submit your application.
Review the official fellowship guidelines. Confirm that your research discipline, doctoral status, and university meet the eligibility requirements.
Prepare your academic CV. Highlight relevant research experience, publications, technical skills, and academic achievements.
Write your research statement. Explain your current or proposed research in clear language accessible to technically knowledgeable readers outside your specialisation.
Identify your academic referees. Obtain their consent and ensure they have enough time to prepare their recommendations.
Complete the online application. Use Jane Street's official Graduate Research Fellowship application portal and provide all requested information.
Submit before the deadline. Ensure your application is submitted by 13 November 2026, Anywhere on Earth.
Follow up on recommendations. Remind your referees to submit their letters by 1 December 2026, AoE.
Applicants should rely on Jane Street's official channels for the application link, submission requirements, and any updates concerning the selection process.
Application Timeline
ActivityDeadline or expected dateFellowship application deadline13 November 2026, AoERecommendation letters deadline1 December 2026, AoEExpected award notificationsFebruary 2027
Applicants should plan ahead to allow enough time to prepare their research statements, contact referees, and complete the application.
How to Strengthen Your Application
A competitive application should demonstrate strong research potential, intellectual curiosity, and the ability to communicate complex technical ideas clearly.
Consider the following recommendations:
Explain your research clearly: Present the central question and its significance without overwhelming readers with technical jargon.
Demonstrate research potential: Highlight relevant achievements, publications, projects, or evidence of independent thinking.
Show why the work matters: Explain the contribution your research could make to your discipline.
Choose appropriate referees: Where possible, select academic supervisors or researchers who can speak meaningfully about your research ability and potential.
Review every submission carefully: Check that your CV, research statement, and application information are accurate and consistent.
Allow time for recommendations: Contact referees early and remind them of the separate letter deadline.
Remember that research does not need to focus on financial markets or trading to qualify. The important consideration is whether your work falls within an eligible discipline and meets the fellowship's academic requirements.
Application Deadline
Applications for the Jane Street Graduate Research Fellowship 2027 must be submitted by 13 November 2026, Anywhere on Earth (AoE).
Recommendation letters are due by 1 December 2026, AoE, and award notifications are expected in February 2027.
With full tuition and fee coverage and a US$50,000 stipend, the fellowship offers substantial support for eligible doctoral researchers pursuing advanced work in electrical engineering and computer science, mathematics, physics, and statistics.
Interested PhD students should review the official requirements, prepare their research materials, and submit their applications before the deadline.
Take the next step in your research journey by exploring the Jane Street Graduate Research Fellowship and presenting the ideas you want to advance.
How to apply