I am Fulbright Masters finalist for 2009-2011. This fellowship is for doctoral studies starting in fall 2010. By placement assistance, they mean that you will be helped by IIE, New York in getting admissions in the schools of your preference. As Listz has said, the process is highly competitive and the number of scholarships per country usually varies between 2-5. The selection as they say, will be completed by Aug 2009. If you have already secured, an admission to a university that matches well with your SoP and Personal statement and research proposal, they will not pursue admission in any other university. IIE New York will try getting you placed in the university where you have secured admission. Good luck mate, whether its 1,2 or 5 seats... 1 is all that you want..and you have it!!!