In addition, knowledge gained from internships can be used in your coursework, research, and teaching. Another source of internship information is faculty members. Most internships have March 1 or later application deadlines. A good time to get application materials ready is during the preceding Winter Break. Interviews for internships typically involve 1 or 2 phone interviews by a statistician.
Most internships are only for the summer.
Since internships are often not nearby, companies usually provide some assistance in finding housing. The compensation for an internship is usually at the level of your corresponding education level. For example, if you have a MS degree, you generally will get paid at this level. Do not spend all of the time in a cubicle isolated from the rest of the company. Talk to the other statisticians at the company and find out what they do.