The Academy’s Nicholl Fellowships provide up to five $35,000 fellowships to aspiring screenwriters for one year. Eligible applicants can not have earned more than $25,000 writing fictional work for film and television. Entry scripts must be the original work of one writer, or of two writers who collaborated equally, and must be written originally in English. Adaptations and translated scripts are not eligible. Fellows are expected to complete at least one original feature film screenplay during the fellowship year. The early application deadline is March 1, 2013, the normal deadline is April 10, 2013 and the late deadline is May 1, 2013. For more information, see the link below:

http://www.oscars.org/awards/nicholl/apply.html