The program of B.A.E.F. awards for the academic year 2014-2015 comprises 98 individuals, including   88 Belgian Fellows to study or perform research in the United States,
                    9 American Fellows to study or perform research in Belgium,
             and 1 winner of the Alumni Award.
A Fellowship Committee that interviews all candidates personally selects the Fellows competitively from a pool of brilliant applicants.
The fellowship awards comprise a stipend ranging from $16,000.00 to $45,000.00, the payment of tuition fees varying between $30,000.00 and $50,000.00, as well as coverage for health insurance.
For the academic year 2014-2015 there are awards in outright gift to 73 graduate and postdoctoral Fellows and 1 Senior Fellow.                                                                                      In addition, 7 Belgian Fellows receive a Conditional Grant to study Business Administration in the United States. The latter awards are interest-free loans of up to $100,000.00 for two years of study.
Finally, Honorary Fellowships for 2014-2015 were granted to 16 students, who secured financial support outside the B.A.E.F.

The Alumni Award 2014 in the field of the Biomedical Sciences, including biology, biochemistry, biophyics, genetics, microbiology,molecular and cell biology, pharmacology, physiology, ecology, zoology, botany,agriculture, medicine, veterinary medicine and pharmacy, in the amount of 5,000   was awarded to Dr Benjamin Dewals, from the University of Liège for his very challenging research in the field of virology.

The expense budget of the academic year 2013-2014 amounts to $ 42,412,250 with income from endowment covering less than half of the expenses. The remainder of the expenses is covered by annual gifts in Belgium and in the United States from Alumni, associated Foundations, private, public and corporate sources. Individuals, organizations or foundations subscribe to eponymus Graduate or Postdoctoral B.A.E.F. Fellowships, carrying their name.

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