The University of Michigan President's Postdoctoral Fellowship Program selects up to 5 postdoctoral fellowships annually in all fields for research conducted under faculty sponsorship. The annual award provides a salary of $65,000, depending on the field and level of experience, and $10,000 for research and professional development. The award also includes enrollment in a health plan for fellow and dependent(s), group life insurance, three weeks of sick leave, and one month (non-accrual) of vacation. (Please note: It is expected that departments and faculty mentors will make appropriate arrangements for space and other necessary resources.)

Each award is for a 12-month period. A renewal of the fellowship for an additional term may be granted upon demonstration of academic productivity and participation in program events. All renewal terms will terminate twelve months after the renewal date. If an awardee has received an offer for a tenure track faculty position at the time of selection or has other postdoctoral fellowship awards, the fellowship may be awarded for one year, without renewal.

President's Postdoctoral Fellows are expected to (1) work in person and participate in academic life on the University of Michigan campus, (2) focus full-time on research and avoid other commitments such as teaching or additional employment, and (3) meet regularly with their faculty mentor. PPFP fellows are also encouraged to attend available professional development programs.