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$6.7m for Fulbright ‘in place’

It’s hoped funding remains steady for 2012

Updated on: Aug 17, 2011 10:12 AM IST
Hindustan Times | By , New Delhi
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How will the recent economic developments in the US impact the country’s education segment? In an interview to HT Horizons Adam J Grotsky, executive director, USIEF, talks about the Fulbright scholarships and more.

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HT Image

Will the budget to be allocated for the Fulbright-Nehru Programme get impacted by Standard & Poor’s decision to downgrade the US long-term sovereign credit rating?
The Fulbright-Nehru budget is in place for the 2011-12 academic year. Funding has been steady from the previous academic year. Approximately $6.7 million has been allocated for grants and related expenses. We hope funding will remain steady in the fiscal year 2012 as well.

What is the latest on the Obama-Singh 21st century knowledge initiative that was launched formally on July 19, 2011
The Obama-Singh 21st Century Knowledge Initiative is the result of an agreement between the heads of state of the United States and India in November 2009. The Initiative has a funding of $10 million — both countries have contributed $5 million each towards this fund. This is perhaps the most exciting initiative we’ve taken up recently.

USIEF will select four to five institutions a year and allocate grants of up to $250,000 to American universities who wish to deepen collaboration with an Indian university. The grant will be for a period of up to three years. The intent will be to spend $1 million each year for the next five years. The application deadline is November 1, 2011. As for the Fulbright programme, in the current fiscal, 138 Indian scholars will visit the US and 144 American scholars have been selected for India.

Interviewed by Vandana Ramnani

 
ABOUT THE AUTHOR
Vandana Ramnani

Vandana Ramnani leads the real estate vertical at Hindustan Times Digital, bringing over two decades of journalism experience across real estate, education, human resources, and foreign affairs. She specialises in India’s real estate sector, covering residential and commercial markets in Delhi-NCR, Mumbai, and Bengaluru, with in-depth reporting on regulatory developments, urban policy, housing trends, and interviews with industry leaders. Her work has also appeared in the Hindustan Times newspaper and HT Estates. Earlier, Vandana played a key role in establishing the real estate vertical at Moneycontrol (NW18 Group), shaping its editorial direction and market coverage. She has also written extensively on international education for HT Education, tracking global study destinations, policy changes, and student mobility trends, earning the Singapore Education Award 2009 for Best Media Coverage (Print). Her reporting portfolio includes human resources and employment trends for HT ShineJobs and PowerJobs, as well as lifestyle and interior design features for HT Premium Homes. Vandana began her career with the Press Trust of India, gaining strong editorial and reporting expertise. She was also selected for a prestigious fellowship at Fondation Journalistes en Europe in Paris, where she wrote for EuroMag. One of her notable reporting assignments included covering Germany’s capital relocation from Bonn to Berlin. Outside of journalism, Vandana is a passionate traveller, constantly seeking out charming hideaways across India and the lesser-known, offbeat corners of Southeast Asia.

Stay informed with the latest updates on Education News also check CBSE Class 10 Result and Find tips to help you succeed in your academic journey and career planning on Hindustan Times.
Stay informed with the latest updates on Education News also check CBSE Class 10 Result and Find tips to help you succeed in your academic journey and career planning on Hindustan Times.
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