fellowship
noun
uk/ˈfeləʊʃɪp/ us [ C ]
the position of a fellow at a college or university:
He was elected to an honorary fellowship at St John's College.
[ C ]
an amount of money that is given to postgraduate students to allow them to study a subject at an advanced level:
be awarded a fellowship She was awarded a $60,000-a-year fellowship at the Duggan Institute for Global Health.
apply for a fellowship He has applied for a research fellowship.
[ C ] formal
a group of people with the same interests or area of work:
She is one of a small fellowship of showbusiness consultants.