The William Saroyan International Prize for Writing is a biennial literary award for fiction and nonfiction in the spirit of William Saroyan by emerging writers. It was established by Stanford University Libraries and the William Saroyan Foundation to "encourage new or emerging writers rather than recognize established literary figures;"[1] the prize being $12,500.
The Saroyan Prize was first awarded in 2003 for "newly published works of fiction including novels, short stories, dramas or memoirs."[1] Starting with the second round of awards in 2005, separate awards have been given for fiction and nonfiction. With the exception of a three year gap between the second and third rounds of awards, the prize has been awarded every two years since it was established.