From 2012 to 2023, overall U.S. applicants to American Orthopaedic Foot & Anke Society fellowship slots declined, with the steepest drop among male MD applicants; female applicants remained stable. In the 2026 SF Match, 88 applicants competed for 79 positions – 46 matched, with one additional position filled post-match, for fellowship match rate of 59%. The hard reality: Most orthopaedic fellowships don't pay off financially A 2025 career-long financial model finds that for m