Most times we think about the financial perks or the recognition that comes with winning a fellowship or scholarship. But they also lead to personal and professional growth. Many fellowships come with community and networking benefits. You'll often be a part of a cohort of scholars. The funding foundations will host programming or networking events with alumni or other important people that will help you progress professionally. Fellowships provide you once-in-a-lifetime opportunities!
Additionally, the application process itself will help you improve your writing and communication skills, reflect on your past and future, find your passions, identify your strength and weaknesses, and build those important support networks.