Grants like scholarships are an excellent way of securing funding for your future education. They come in all shapes and sizes and can apply to anyone from doctors to English majors. Students often confuse grants with student loans—unfortunately—and miss out on excellent opportunities to secure interest-free funding that does not need to be paid back.

For students interested in studying abroad, the U.S. Department of State sponsors the Fulbright Program, a resource for students seeking funding for their educational endeavors.

This program has been supplying students with the funding they need since 1946 and has donated more than $235 million, making it the largest international exchange support program in the United States.

According to the website, the purpose of the Fulbright Program is to:

“Bring a little more knowledge, a little more reason, and a little more compassion into world affairs, and thereby to increase the chance that nations will learn at last to live in peace and friendship.”

This program runs annually and is an excellent opportunity for students to secure funding for their international education. This year’s deadline is October 19, 2007, so now is the time to begin the application process if you are interested in pursuing this opportunity.

According to the website, the selection process is based upon the following:

Language preparation and experience.

Academic record.

Student qualifications.

Preferences as determined by the Fulbright Program.

The approachability of the proposed project or study.

For more information about the Fulbright Program, visit the Institute of International Education for more details.

Posted Tue, 28 Aug 2007 16:55:37 and filed under Grants, Study Abroad, Government, Scholarships. You can leave a response, or trackback from your own site.