Fellowships are highly prestigious financial support packages that typically include a stipend, tuition remission, and a subsidy for medical insurance. They derive from University or outside awards. Unlike assistantships, there are not required activities for a certain number of weekly hours or weeks per semester.
Fellowship stipends may have different tax implications for recipients; these differences are outlined by the US Internal Revenue Service Tax Topic 421 and in Publication 970 available at http://www.irs.gov. Recipients must be enrolled in degree programs and be registered full-time.
Research and Fellowship Mentoring Office
All Penn State students (undergraduate and graduate) who want to learn more and get support with the application process can contact the Undergraduate Research and Fellowship Mentoring office. This office helps students at all levels understand what is required and how to submit materials.