This is often considered the biggest drawback of a fellowship. Although fellowship programs do provide a living allowance or stipend it is not usually comparable to the salary of a full-time job. The financial commitment varies greatly. Stipends range from $10,000 up to
$25,000 for a 9-12 month program. Most post-doctorate fellowships would surpass this salary range.
Other incentives are often provided to fellows such as:
Healthcare coverage and other employment benefits
Student loan repayment programs
Academic graduate school credits
Housing stipends
Paid travel or relocation expenses
An alumni network of former fellows providing valuable networking contacts
