For exceptional university graduates from Argentina, Brazil, Colombia, Indonesia, Mexico, Romania and Venezuela, the Roberto Rocca Education Program offers fellowships to help fund studies towards the Ph.D. degree in specific fields of study that include Materials Science, Mechanical, and Petroleum Engineering (see Eligibility requirements), at a university of the student's choosing outside his or her home country.

Each year the Program awards around 12 to 15 new Fellowships. Fellows are selected by the Program's Scientific Committee comprising senior managers of the sponsoring companies.

Fellowships are awarded for a period of two years and may be used for tuition, fees and living expenses. The award amount will depend on the candidate’s financial need but in general Fellowships do not cover all expenses and candidates are encouraged to seek complementary sources of funding. At the discretion of the Roberto Rocca Education Program, fellowships may be renewed for up to an additional two years.

The two-month application period for the Roberto Rocca Fellowships begins in mid-October of each year.