Interesting facts about FPM by IIHMR, Delhi

Costs associated with graduate and postgraduate study can reach into the tens of thousands of dollars. Obtaining a fellowship may be an option for certain exceptionally motivated individuals looking for a method to assist with the cost of this kind of further education. Here is information that would-be applicants need to know in order to apply for a fellowship, as well as advice on how to assess whether or not seeking this type of academic support would be beneficial.

What exactly is a fellowship, then?

A monetary award that is given to offset the expense of education is the most basic description of an academic fellowship, according to experts. The criteria and benefits of an academic fellowship might vary greatly depending on the field of study, though. In educational circles, when individuals say “fellowship,” they are often referring to a monetary grant given to a student to pay for his or her scholarly endeavours. A scholarship awarded on the basis of excellence to pursue additional study in a particular academic field is known as a fellowship.

Fellowship Programme

Although some undergraduate schools will occasionally use the word “fellowship” to refer to a scholarship offer and some employers in the private sector will occasionally use the term “fellowship” to refer to an entry-level job for recent college graduates, the word is most frequently utilised by graduate schools. Most of the time, when people hear the word “fellowship,” they think of scholarships for individuals who have already obtained their bachelor’s degree and who are working toward obtaining additional education. These individuals are typically either graduate students who are in the process of completing a graduate programme or graduate degree holders who are receiving highly specialised training that goes beyond what they learned in graduate school.

Types of Fellowships 

There are three primary categories of fellowships available to students in graduate and postgraduate programmes.

Fellowships for graduate students: These fellowships for graduate students help graduate students defray expenditures associated with their graduate school experience, such as tuition. A health insurance stipend and possibly even a cost-of-living stipend are sometimes part of the package that comes with a fellowship. Furthermore, fellowships often cover costs that are directly related to the professional development of a graduate student, such as registration fees for academic conferences.

Fellowships in medicine: These fellowships are only available to doctors who have already graduated from medical school and have concluded a residency programme in the medical field in which they intend to practise. Doctors who want to become master practitioners in a particular sub-specialty of medicine often choose to pursue additional medical training in the form of a fellowship in that particular field of medicine. For instance, a physician who has just recently finished their internship in anesthesiology may decide to seek a fellowship in paediatric anesthesiology, which is a subspecialty of anesthesiology that concentrates on how to administer anaesthesia to children prior to and during medical operations.

Postdoctoral fellowships: These fellowships are created for persons who have recently finished their doctorates, but who want more time to dedicate to studying and researching. Some postdoc fellowships offer financial support for academics to take advanced classes within a specialised academic field in order for them to become authorities on a complex but critically essential topic. Other postdoc scholarships provide financial assistance to defray the expense of an ambitious scholarly endeavour. There are a lot of postdoc scholarships that require fellows to teach classes in addition to doing research. The most lucrative postdoctoral fellowships provide financing for projects that are related to both the coursework and the postdoctoral research.