The Bard Fiction Prize is awarded to a promising, emerging writer who is an American citizen aged 39 years or younger at the time of application. In addition to the monetary award, the winner receives an appointment as writer in residence at Bard College for one semester, without the expectation that he or she teach traditional courses. The recipient gives at least one public lecture and meets informally with students.

To apply, candidates should write a cover letter explaining the project they plan to work on while at Bard and submit a C.V., along with three copies of the published book they feel best represents their work.