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Posted (edited)

 I had been recently awarded of pre-doctoral fellowships from two different sources - one that is regional/industry vs one that is a nationally recognized foundation. 

Regional one is far more valuable, over $40,000 per year that covers my full stipend plus part of my tuition. National one covers only my stipend, $27,000, however it is more prestigious. I will have to choose between these two. 

I am leaning towards the later because of following perks of national award:

1. Greater network for long term job opportunities

2. Advantage in applying for Post doc or early career awards by the foundation; more competitive as a previous rewardee

3. National award that is recognized throughout the US

Final decision is up to me; however, my PI wants me to pick the one from regional/industry source because it offers more money. It won't change my stipend, but it will be less financial strain on my PI for my support. 

I am not experienced enough to foresee what it's like in reality and practical sense. If I go with my preference and decide to go with the national award - Will it have big enough impact depending on which predoctoral fellowship I receive in my future? Is it big enough difference that outweigh the greater value in research fund I would be able to bring with regional/industry fellowship? Has your predoctoral or post doctoral fellowship had big impact on your networking and future grant applications? 

I would appreciate if you could share your advice on what would be the important factors to consider in deciding between fellowships.

Edited by Tomstwins
  • 2 weeks later...
Posted

in psych people usually put both on their resume (i.e., the one they accepted + the one they denied) + the amount for each. Dont know if that is common in your field. In that way, it is not always a huge loss for your 'resume'. It's more what else is on the table (the other one doesn't give you a network?)

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