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" " An increase of $ 1.9 million to the Wood Fellowship Fund means that I will be able to offer one-year fellowship awards to six more students every year , or this amount could also support two particularly outstanding students for three years . There 's a reason Thomson and Ohka were on the market in January and had to sign one-year deals . These students shall serve one-year terms , and may serve more than one term . Consideration will also be given to current grantees that submit a competitive supplement application requesting one year of funding to enhance or expand existing projects , or to conduct one-year pilot studies . All editorial board members beginning in 1995 will serve one-year terms , with an option to renew for three years . Dr. Picus suggested that performance expectations should include all students , however , progress toward that goal should be built over time and the state should develop one-year , five-year , and 10-year goals for achieving state performance expectations . Students shall serve one-year terms . Directors nominated as candidates this year , if elected , will serve one-year terms of office expiring at the Annual Meeting in 2007 and until their successors are elected and qualified . The student members shall serve one-year terms .