Every year, 10 of the world's most prestigious business and computer science graduate schools honor five of their most gifted students as Siebel Scholars. The $25,000 Siebel Scholarships they receive are entirely merit-based. Outstanding academic performance, leadership, and all-around excellence are the key selection criteria. The program does not consider financial need or other factors. Final selection of the Siebel Scholars each year is a collaborative effort between the Dean of each school and the Thomas & Stacey Siebel Foundation.