Each year the Endowment offers 10-12 one-year fellowships to uniquely qualified graduating seniors and individuals who have graduated during the past academic year. They are selected from a pool of nominees from close to 400 participating colleges. Carnegie Junior Fellows work as research assistants to the Endowment’s senior associates. Those who have begun graduate studies are not eligible for consideration. Positions are paid, full-time positions for one year. Junior fellows are currently paid a gross salary of $3,166.66 per month ($38,000 per year). A full benefits package is also provided.