I am about to start with a company through the Fellowship program on Monday. There is a staffing agency that we are paid through. The pay isn't phenomenal, but it is a buck or two above a living wage for the state you reside in. If the company decides they like us and want to keep us on, then they reimburse Lambda for what they paid us during the Fellowship. We aren't locked into the Lambda pay rate if we are hired, and are encouraged to negotiate our offers. There is supposed to be an actual position open for hire in order for organizations to take advantage of the program, but obviously that could be exploited. I am cautiously optimistic, though.