The Microsoft Graduate Fellowship is part of the the department's Microsoft Endowment. This award is based on academic merit and is awarded for one academic year.
| Year | Awardee |
| 1994-95 | Dean Tullsen |
| 1995-96 | Keith Golden |
| 1996-97 | William Chan |
| 1997-98 | Eric Anderson |
| 1998-99 | William Chan |
| 1999-2000 | Alec Wolman |
| 2000-2001 | Matthai Philipose |
| 2001-2002 | Jason Hartline |
| 2002-2003 | Andrew Whitaker |
| 2003-2004 | Luke McDowell |
| 2004-2005 | Steve Swanson |
| 2005-2006 | Aaron Shon |
| 2006-2007 | Benjamin Ylvisaker |
| 2007-2008 | Saleema Amershi |
| 2008-2009 | Ning Chen |
| 2009-2010 | Daniel Leventhal |
| 2010-2011 | Igor Mordatch |
| 2011-2012 | Not awarded |
| 2012-2013 | Konstantin Weitz |
| 2013-2014 | Not awarded |
| 2014-2015 | Not awarded |
| 2015-2016 | Mandar Joshi, Chung-Yi Weng |
| 2016-2017 | Helga Gudmunsdottir |
| 2017-2018 | Mehrdad Hessar |
| 2018-2019 | Venkatesh Potluri, Kevin Zhao |
| 2019-2020 | Taylor Gotfrid |
| 2020-2021 | Preston Jiang |
| 2021-2022 | Priyal Suneja |
| 2022-2023 | Yuan-Mao Chueh |
| 2023-2024 | Kirandeep Kaur |
| 2024-2025 | Moses Lurbur |