This study reports the perspectives of the 12 Master of Arts in Teaching (MAT) Fellows regarding the 1985-86 MAT program at Memphis State University. Data were collected via written surveys and tape recorded interviews. Documents such as grade runners, memos, application forms, and program descriptions were also examined. The questionnaire covered the following topics: (1) source of information on the program; (2) reasons for interest; (3) admission requirements; (4) expectations of the program; (5) course content; (6) problems with coursework completion; (7) course instruction; (8) orientation experience; (9) placements; (10) spring internship activities; (11) mentoring observations and feedback; (12) scheduling; (13) mentor-protege relationship; (14) relationship problems; (15) role of the cohort group; (16) likelihood of a long teaching career; and (17) recommending the program to others. The major perceptions of the MAT program from the Fellows' perspective are summarized and responses to the survey questions are appended. (JD)