Members are elected to Fellowship and promoted as their contributions warrant. There is no schedule for such awards, and may happen at any time. A formal presentation of Fellowship will be made at the following annual convention if the Fellow attends.
=Honorary FellowshipsInsignia= An honorary Fellowship, Fellowship ''honoris causa'', may be granted to those who are not members of the Society. Such an awardee may use the postnomial FAS, and to wear Honorary Fellow's lapel pin shown below.
The insignia of Fellowship is today an oval lapel pin bearing the Augustan eagle. The tincture of the field indicates rank. The old Fellows pin , an outline of an eagle, will continue to be available while supplies last, and may be preferred by those who do not wish to display their rank.
Informally, the pin of the most senior rank held may be worn on the lapel. Formally, the pin of the most senior rank held may be worn on the ribbon of the membership medal.
=Insignia=
The Fellows' pins are:
The minimum qualification for Fellowship is set at such a level that not more than half the members are expected to hold Fellowships at any time. This is not unreasonable, as one would naturally expect a Fellow to be "above average".
=Calculations for Fellowship and Promotions=
Consuls will track each member’s contributions as measured by the point values established, and will recommend election or promotion to the Board at each regular meeting for those members. Only members in good standing may be elected or promoted.
==Point values==
Points are established and adjusted by the Board as seems necessary. Care should be taken that the points awarded in each category are not too many or too few. Consuls suggest small incremental adjustments whenever one category represents more than half the total points, but consideration should be given to the potential for fraud. Present values are:
{| border="1" cellspacing="0" cellpadding="5" align="center"
|-
|Financial
|1 point per dollar
|-
|Time
|7.25 points per hour
|-
|Articles
|250 points per page
|-
|Recruiting
|200 points per member
|}
==Points required for each rank==
The Board will establish the number of points for Fellowship 5th class and a multiplier for successive ranks. The number of points for FAS/5 should be set high enough that not more than half the members qualify for Fellowship. The present values are:
*1100 points for FAS/5
*2.0 is the factor between ranks.
These two values create the following minimum point values for nomination for election or promotion:
*FAS fifth class — 1100 points
*FAS fourth class — 2200 points
*FAS third class — 4400 points
*FAS second class — 8800 points
*FAS first class — 17,600 points
*FAS magna cum laude — 35,200 points
*FAS insigne cum laude — 70,400 points
*FAS summa cum laude — 140,800 points
Note: To date, no member has earned more than approximately 60,000 points, thus FAS/icl is unlikely to be awarded soon and FAS/scl is unlikely to ever be awarded. Only six members presently qualify for FAS/1, which suggests that the pool of senior Fellows (and thus candidates for the [[Order of the Augustan Eagle]] will be stagnant for some time.
==Election and Promotion of Fellows==
[[Consuls]] will review the point scorse each month as part of their preparation of the Board [[Agenda]]. Those members in good standing who have received sufficient points for election or promotion will be added to the Agenda, along with a brief description of the nature of their contributions.
Normally, these nominations will be placed in the [[Consent Calendar]], as they are unlikely to be controversial.
After election, Consuls will send a letter of congratulations and a [[Certificate of Fellowship]] signed (electronicaly) by the President and Secretary, and bearing the Seal of the Corporation. Both will indicate the rank held and an invitation to receive the insignia at the following [[Annual Convention]]. Otherwise they will be eligible to purchase the insignia.
Should the honoree be unable to attend the Annual Convention in the calendar year of the award, the presentation may be delayed until the following year.
=Honorary Fellowships=
An honorary Fellowship, Fellowship ''honoris causa'', may be granted to those who are not members of the Society. Such an awardee may use the postnomial FAS, and to wear Honorary Fellow's lapel pin shown below.
=Activities=