1996 32¢ Fulbright Scholarships
Issue Date: February 28, 1996
City: Fayetteville, AR
Printed By: Bureau of Engraving and Printing
Printing Method: Lithographed and engraved
The Fulbright Scholarship is a grant by the United States government for research, teaching, or graduate study under an international exchange program. The scholarship’s primary goal is to promote mutual understanding between the people of the U.S. and other countries. This program was begun by Senator J. William Fulbright of Arkansas, and carried out by legislation bearing his name – the Fulbright Act of 1946.
These annual awards allow U.S. citizens to study or work in other lands and permit people of other countries to work or study in the United States. Approximately 110 countries participate in the program each year. More than 155,000 Fulbright Scholarships have been awarded – 55,000 of them to U.S. citizens. Money for the awards first came from the sale of World War II surplus. The U.S. government, participating countries, and universities now fund the scholarship.
Candidates for the scholarship must be under 35 years old, have a bachelor of arts degree or equivalent education, be able to speak the language of the country in which they propose to study, and possess general maturity and scholastic competence. Most of the exchanges have been students, but teachers, researchers, trainees, and observers have also qualified.