P.S. Literary Agency is capping off a month-long celebration of its 20-year anniversary with the announcement of a new scholarship for emerging writers.

The agency turned 20 in November, and announced the creation of the PSLA Emerging Writers Scholarship on Dec. 1. The scholarship includes $1,000 to help cover writing-related expenses and a one-on-one mentorship with a literary agent. Applications for the inaugural scholarship are set to open on Jan. 5, with the first recipient to be announced in summer 2026.

“While our 20th anniversary created a natural moment for reflection, the decision to launch the PSLA Emerging Writers Scholarship was driven by something deeper than the milestone itself,” agency founder B. David Gyulai said in an email. “Over the past several years, we’ve seen a growing need for meaningful support for unpublished and underrepresented writers—especially those who may not yet have access to mentorship, industry knowledge, or financial resources that can help them take the next step in their writing journey.”

Detailed application instructions are available online. Applications will be open until 125 applications are received and will be reviewed by a committee of P.S. Literary agents.

“In many ways, the anniversary simply gave us the clarity and momentum to formalize something we’ve been passionate about for a long time: lowering barriers, investing in emerging talent, and helping foster a more equitable and diverse literary landscape,” Gyulai said.