This study reports the perspectives of the 11 Lyndhurst Fellows in the 1985-86 fifth-year teacher preparation program. Data were collected via written surveys and tape recorded interviews, grade runners, memos, application forms, and program descriptions. The survey questionnaire sought opinions on the following topics: (1) reasons for interest in the program; (2) admission requirements; (3) expectations of the program; (4) coursework content and instruction; (5) stress factors; (6) internship orientation; (7) initial problems; (8) activities; (9) mentoring observations; (10) mentoring feedback; (11) mentoring relationships; (12) mentoring activities; (13) non-mentoring relationships; (14) likelihood of a long teaching career; and (15) recommending the program to others. A summary is presented of the major perceptions of the Lyndhurst Fellows and responses to the survey questionnaire are appended. (JD)