Isn't it expensive to be a Knight Fellow in Palo Alto? Yes, and for that reason, in addition to a $55,000 stipend (paid in10 monthly installments, September through June), we provide supplements for housing, childcare and health insurance. The housing supplements are $2,500 annually for single Fellows, married Fellows and those with domestic partners; $8,500 annually for Fellows with one child and $11,500 annually for Fellows with two or more children.