The program of B.A.E.F. awards for the academic year 2010-2011 comprises 79 individuals, including 68 Belgian Fellows to study or perform research in the United States,
10 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 $15,000.00 to $40,000.00, 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 2010-2011 there are 53 awards in outright gift to graduate and postdoctoral Fellows.
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 2010-2011 were granted to 18 students, who secured financial support outside the B.A.E.F.
The Alumni Award 2010 in the field of the Applied Sciences was conferred in the amount of 5,000 € to a Belgian Civil engineer of the Department of the Université de Liège.
Individuals, organizations or foundations that subscribe to a Graduate or Postdoctoral B.A.E.F. Fellowship, carrying their name, donate $15,000.00 to $40,000.00 towards such goal. The B.A.E.F. assumes the balance of the cost of these eponymous fellowships.
The expense budget of the academic year 2010-2011 amounts to $ 2,957,500 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.