Research grants totaling nearly a quarter‐of‐a‐million dollars have been awarded this year to physics and chemistry graduate departments of 22 schools by the Eastman Kodak Company. The grants, which take the place of awards previously made under the company's fellowship award program, range in size from $6000 to $12 500. Each $12 500 grant provides a $1000 award recognizing the achievements of an outstanding doctoral student. The major portion of the funds are for unrestricted use in research programs and in providing new or improved facilities. Graduate physics departments receiving funds under the program include the California Institute of Technology, the University of Illinois, the Massachusetts Institute of Technology, the University of Rochester, and Baylor University.