Research fellows typically hold positions working for academic staff and faculty members at universities, conducting their research independently or with another faculty member. Though they are sometimes confused with research assistants, research fellows often already hold doctoral degrees or have completed field work equivalent to one while research assistants are still working toward such distinction. Some research fellows teach as well, while some keep their focus strictly on their research.
If it was possible to be a professional student, a research fellow would certainly be one…but they are hardly compensated as such! A research fellow at the Folger Shakespeare Library in Washington, D.C., receives a $50,000 stipend for a nine-month residence – far more than what most bachelor’s holders will earn in their first entry-level job. If you had to choose between that and scrounging for change in your couch cushions like some students do, I have a funny feeling you’d pick the former.
Another option for research fellows is the Alfred P. Sloan Foundation, a New York-based organization that awards grants year-round on six broad subject matters: Basic Research, Science Education, Public Understanding of Science, Economic Performance and the Quality of Life, Select National Issues and Civic Initiatives. Founded in 1934 by Alfred P. Sloan, Jr., the former president and CEO of General Motors, the program seeks to recognize the achievements of outstanding young scholars in science, mathematics, economics and computer science…and they sure can pick ‘em: Recipients have gone on to win 38 Nobel prizes, 14 Fields Medals (mathematics), and eight John Bates Clark awards (economics).
Research fellowships differ depending on the country and institution in which they take place. While some positions are temporary (like the Folger Fellowship we mentioned earlier), others are permanent with the possibility of promotion; if you’re someone who relocates frequently, a permanent fellowship would not be the best fit for your lifestyle so check the terms before you apply to ensure the most deserving candidate is awarded.
Latest College & Financial Aid News
July 29, 2021
A high school senior from Lithia, Florida has just been awarded the $1,000 grand prize in a scholarship competition. The 16-year-old, Laura Gonzalez, is on track to attend college next fall. She hails from Lithia, a suburb of Tampa in central-east Florida and is completing her last year at Newsome Highschool, with a total population of about 3,000 students. Her small school and community are thrilled for her and are all wishing her the best on her upcoming new chapter in life. [...]
July 13, 2021
Even after all the battles you have won in applying to schools and getting accepted, there will most likely still be work to get done when it comes to paying tuition. There are two main avenues you can take to try to address this problem: scholarships or student loans: [...]
July 7, 2021
Among the most important things you want to do before applying for a job is to update your resume with relevant experience. Doing so makes it possible for employers to take notice of you, your skills, and what you have to offer their companies. The sooner you clean up and polish your resume, the easier it becomes to submit it to companies seeking employees like you. [...]