The SEGF Graduate Student Fellowship Program is one of the Foundation's three core student funds to help develop a new generation of economic geologists. The recipients represent some of the top new talent seeking to advance in the field of mineral resource research, exploration, and production. The program has been supported by major grants from global minerals companies, including Anglo American Plc, AngloGold Ashanti Ltd, Barrick Gold Corporation, Gold Fields Exploration Inc., and Newmont Corporation. A committee of geoscience professionals, representing industry and academia, has the responsibility of independently reviewing the applications and selecting fellowship recipients. SEGF allocated US$200,000 to establish the program and has continued to expand it with the support of mining and minerals exploration companies. Individual fellowship awards range up to US$15,000. The number of qualified applicants seeking grants has been increasing steadily since 2007. With future increased support and contributions, additional qualified applicants may be considered for grants.