The purpose of the Fulbright Program is to promote “mutual understanding between the people of the United States and the peoples of other countries.” Established in 1946 under legislation introduced by Senator J. William Fulbright from Arkansas, the Fulbright Program has over 310,000 alumni and currently operates in 155 countries, including 50 countries with binational Fulbright commissions such as the Austrian-American Educational Commission.
Funded primarily by direct contributions from the governments of the United States of America and the Republic of Austria, the Fulbright Program provides grants for U.S. citizens, who are recent graduates and graduate students or scholars and professionals, to study, teach, or pursue research in Austria and for Austrian citizens to engage in similar activities in the U.S.
For further information you may consult:
The Fulbright Program worldwide
(link to the U.S. Department of State)
or watch a short video presenting the historical and organizational aspects of the Fulbright Program on Vimeo.