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The Vietnam Education Foundation 2011 Annual Report

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Page 18 <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong><br />

• Phone interview by select staff of VEF.<br />

For the 2012 cohort, successful finalists from Process B filled the slots of any of the 45 Process A nominees, who<br />

dropped out or who did not succeed in getting a U.S. university admission. In essence, Process B finalists serve as<br />

alternates. <strong>The</strong>y are listed in rank order, and the slots from Process A that become available are filled in from the<br />

Process B list by the highest ranking individual.<br />

<strong>The</strong> final list of recommended Fellowship recipients includes both nominees from Process A, who received<br />

university admissions, and the successful finalists from Process B. This list is presented to the VEF Board of<br />

Directors for their final approval of Fellowship recipients during the April Board meeting before the fall term in<br />

which the new Fellows are expected to enroll.<br />

FINANCIAL SUPPORT FOR VEF FELLOWS<br />

As a cost-sharing arrangement between VEF and the U.S. host university, VEF pays an annual grant of<br />

$27,000 to the university for each Fellow for each of the first two years. In exchange, the university provides all<br />

required tuition, fees, health insurance, and a monthly stipend for twelve months each year. <strong>The</strong> stipend must be<br />

equal to what a typical graduate student in the specific department would receive. If the monthly stipend is not<br />

sufficient to cover required books and equipment, the university provides an appropriate supplementary allowance<br />

to the Fellow. By the third year of a graduate program, the Fellow is expected to be fully supported by the<br />

university through assistantships and/or other university funding.<br />

In addition, VEF provides an annual Professional Development Grant (PDG) to Fellows in the amount of $1,000<br />

per year to all Fellows who are sponsored by VEF and who are enrolled full-time and not engaged in Academic<br />

Training. For this reporting period, the PDG is available to Fellows for years 1 and 2 of a master's degree program<br />

and for years 1 through 5 of a doctoral degree program.<br />

Furthermore, VEF provides additional financial support for each Fellow as follows:<br />

1. All costs related to the Pre-Departure Orientation conducted in <strong>Vietnam</strong> by VEF, costs for the visa<br />

application (if any), and costs for a physical exam and inoculations that are required by the U.S.<br />

university, most of which are completed in <strong>Vietnam</strong> prior to departure to the United States.<br />

2. All costs related to pre-academic English language training, if required by the university. Such English as<br />

a Second Language (ESL) courses must be conducted on the admitting university's campus during the<br />

summer prior to the first fall semester start date. However, a specific performance level in the ESL<br />

training cannot be a condition of admission. VEF does not fund ESL at any other time.<br />

3. Economy-class airfare from <strong>Vietnam</strong> to the primary airport nearest the Fellow's university and return<br />

economy-class airfare to <strong>Vietnam</strong> at the end of the Fellow’s academic program.<br />

4. Settling-in allowance of $500 given directly to the Fellow during the VEF Pre-Departure Orientation in<br />

<strong>Vietnam</strong> to help cover personal incidental expenses in the United States.<br />

5. Temporary medical emergency insurance for 30 days, which begins on the day of the Fellow's departure<br />

from <strong>Vietnam</strong> and serves as an interim insurance to assure time for the Fellow to secure more permanent<br />

health/medical insurance required of all international students in the United States.<br />

6. All costs related to the VEF <strong>Annual</strong> Fellows and Scholars Conference in the United States while the<br />

Fellow is enrolled or on Academic Training.

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