If there are no new fellowships this year:
~1350 of use wrote proposals
Wildly speculating that we averaged 10 days, 8hrs/day of work to draft our proposals
Collectively that means we spend 108,000 hr writing the proposals
If we are all on some type of state or federal funding (TA, RA, hourly, etc) and average $15/hr...
Then this process will have wasted ~$1.62 million. That's just considering our lost wages.
Of course they allocated $8-9 million for the STAR Fellowships so I guess that's a net savings. Grumble, grumble.