1) The document summarizes research on the perceptions of the impact of gaining fellowship aligned to the UK Professional Standards Framework. Surveys were collected from 375 applicants who received fellowship 2-3 years prior. 2) Preliminary findings suggest fellowship has a positive impact on individuals, peers, and institutions through encouraging reflection, discussion, and networking. Quotes from participants illustrate how fellowship fostered collegiality and improved teaching practices. 3) Group discussions focused on how fellowship schemes can better enable and sustain collegiality. Questions centered around encouraging continued conversations on teaching and learning, harnessing fellows' collective expertise, and influencing policy to recognize engagement in these areas.