Students graduating in May or August 2021 are note eligible to apply for a Summer Fellowship. Additionally, financial awards will be paid to an individual student for the Summer 2021 semester, not the startup listed in the application. An increase in resources, including a financial award as a result of performance in the McCombs Summer Entrepreneur Fellowship, may result in a reduction or cancellation of financial aid funds or a requirement to repay awards already released to students. Financial awards may also be used to pay outstanding payments owed to the university. If you receive financial aid or owe money to the university, you should reach out to the Office of Financial Aid and Scholarships or Students Accounts Receivable to determine how winning a cash award through the McCombs Entrepreneur Summer Fellowship would impact money owed to UT or your financial aid status.