The Killam Fellowships Program provides an opportunity for exceptional undergraduate students from universities in Canada and the United States to spend either one semester or a full academic year as an exchange student in the other country. Students may participate in the program either as a direct exchange student (registering at their home university, paying their home fees, and attending the host university as an exchange visitor) or as a self-placed visiting student (applying for and registering at the host university, and paying host tuition fees).
The Killam Fellowships Program offers a cash award of $10,000 US ($5,000 US per semester), along with an allowance of $500 to offset health insurance costs. The Foundation hosts all new Killam Fellows at an Orientation program in Ottawa each fall and again at a seminar in Washington D.C. each spring. In addition, all Fellows are eligible to apply for a mobility grant in an amount not to exceed $800. The idea of the mobility initiative is to allow students to undertake an educational field trip, providing the Fellows with the opportunity to gain a broader understanding of the culture of the host country. The Killam Fellowships Program also offers enrichment opportunities for alumni. In particular, the Killam Community Action Initiative which allows alumni to apply for a grant to get involved, and to help make the world a better place, starting in their own communities, and the Local Ambassador Program. Both of programs are listed in the alumni section of the website.