From my point of view this is very much aimed at the just graduated crowd. These are young people thattypically just graduated in May, maybe took the summer of

From my point of view this is very much aimed at the just graduated crowd. These are young people thattypically just graduated in May, maybe took the summer off or had a summer internship and are debating what to do next. 12k to them is more than plenty for living with Mom and Dad for a few more months or going on an 8 week adventure to SF. Of course this will be a great opportunity for someone debating quitting a job or something, but it seems the most available people will be those just out of college. To that end it will be interesting to actually see what types of people that this program works for and are accepted.