The document discusses various types of fellowships available for graduate students. It notes that fellowships provide funding in the form of stipends and tuition assistance with no obligation of service. Fellowships are merit-based and usually require full-time enrollment and U.S. citizenship. The document encourages students to apply, as fellowships offer higher stipends than other forms of funding and allow students autonomy in their research and school choice. It also notes that applying helps focus one's dissertation work and provides practice for future grant writing. Finally, it lists some examples of nationally competitive and institutionally awarded fellowship opportunities.