TEGUCIGALPA – Ambassador James Nealon and Guillermo Bueso, Executive Director for Banco Atlantida, announced today the first call for applications to the Fulbright – Banco Atlantida Scholarships, which will allow for young Honduran professionals to study at U.S. universities. Banco Atlantida is providing US$ 600,000 to fund up to six scholarships over the next three years.
“This donation will support scholarships that will change the lives of some promising young students, who will return after their U.S. studies to help build a better Honduras,” remarked Ambassador Nealon.
The Fulbright – Banco Atlantida Scholarships will be awarded to Honduran professionals interested in obtaining a Master’s degree in business related fields including economics, business administration, finance and others. The Fulbright – Banco Atlantida Scholarships will adhere to Fulbright Program standards of selection and procedures, coordinated by the U.S. Embassy in Tegucigalpa. In line with the Fulbright vision, Banco Atlantida will support candidates with academic merit, leadership potential, limited experience abroad and solid plans to return to Honduras to contribute their knowledge and experiences.
“As a Fulbright scholar, I experienced the richness of U.S. academia, culture, hospitality and generosity. In establishing the Fulbright – Banco Atlantida Scholarships, we seek to extend the same benefit to more Hondurans who want to contribute to advancing Honduras,” said Mr. Bueso.
On July 24, 2014, the U.S. Embassy and Banco Atlantida signed an agreement by which Banco Atlantida will provide US$ 600,000 in scholarships over the course of three years to young Honduran professionals for Master’s level studies at U.S. universities. The agreement marked the first time that a private Central American organization partnered with the government of the United States through the Fulbright Program.
In 1946, U.S. Senator J. William Fulbright received unanimous consent from the Senate to pass legislation establishing the Fulbright Program. In 1948, the first participants in the Fulbright Program went overseas. With the support of the United States government and through binational partnerships with foreign governments, the Fulbright Scholarship Program sponsors U.S. and foreign participants for exchanges in the sciences, business, academia, public service, government, and the arts. The program’s mission is to increase mutual understanding between the people of the United States and the people of other countries.