Fellow Programs?

<p>I just got an email today about undergraduate fellow programs offered at UMD that are mostly two semesters each. I was looking through them, but am still largely confused as to what they are. Could someone please fill me in on that and tell me if freshmen are allowed to be in any except Freshmen Fellows? I was admitted to the Smith Business School as part of UMD Scholars and am planning on majoring in finance if that helps at all. Thank you!</p>