Fulbright

The Fulbright Program, including the Fulbright–Hays Program, is an American scholarship program of competitive, merit-based grants for international educational exchange for students, scholars, teachers, professionals, scientists and artists, founded by United States Senator J. William Fulbright in 1946. Under the Fulbright Program, competitively selected American citizens may become eligible for scholarships to study, conduct research, or exercise their talents abroad; and citizens of other countries may qualify to do the same in the United States of America. The program was established to increase mutual understanding between the people of the United States and other countries through the exchange of persons, knowledge, and skills. It is one of the most prestigious scholarships in the world.

The Fulbright Program provides 8,000 grants annually to undertake graduate study, advanced research, university lecturing, and classroom teaching. In the 2015–16 cycle, 17% and 24% of American applicants were successful in securing research and English Teaching Assistance grants, respectively. However, selectivity and application numbers vary substantially by country and by type of grant. For example, grants were awarded to 30% of Americans applying to teach English in Laos and 50% of applicants to do research in Laos. In contrast, 6% of applicants applying to teach English in Belgium were successful compared to 16% of applicants to do research in Belgium.

The Fulbright Program is administered by cooperating organizations like the Institute of International Education. It operates in over 160 countries around the world. The U.S. Department of State's Bureau of Educational and Cultural Affairs sponsors the Fulbright Program from an annual appropriation from the U.S. Congress. Additional direct and in-kind support comes from partner governments, foundations, corporations, and host institutions both in and outside the U.S. In each of 49 countries, a bi-national Fulbright Commission administers and oversees the Fulbright Program. In countries without a Fulbright Commission but that have an active program, the Public Affairs Section of the U.S. Embassy oversees the Fulbright Program. More than 360,000 persons have participated in the program since it began. Fifty-four Fulbright alumni have won Nobel Prizes; eighty-two have won Pulitzer Prizes.

...
Wikipedia