Stanford Reliance Dhirubhai Fellowship The Reliance Fellowship requires one to apply through the defined application process and thereafter, 50 applicants are selected as finalists, who qualify for the scholarship based on their admit decision from Stanford at a later stage. The selected 50 are required to apply for the Stanford MBA and then Stanford finally selects up to 3 admits who are offered this fellowship. The 3 selected candidates receive financial support for approximately 80% of the tuition and other fees for each year of the two-year Stanford MBA Program – total scholarship amounting to approximately INR 70 Lakh (USD 95,000).