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Among the many ways that the Phi Beta Kappa Society fosters and promotes excellence in the liberal arts and sciences are the Society's esteemed fellowships, service awards and literary awards.

Phi Beta Kappa has been granted the opportunity to foster continuing education through two foreign study fellowships. The Mary Isabel Sibley Fellowship, established by a bequest from Miss Isabel Stone in honor of her mother, is awarded annually to young women who wish to study Greek or French language and literature. The Walter J. Jensen Fellowship, aimed to help educators and researchers improve the study of French in the U.S., is awarded annually for six months of study in France.

Love of learning is the guide of life.