For the 2014/2015 semesters 480 foreign students are to arrive from 25 different countries, starting their studies at 16 Hungarian institutions under to the Stipendium Hungaricum program. The government launched the exchange program in 2013 and is coordinated by the Balassi Institute.
The goal of Stipendium Hungaricum scholarship is to provide masters and doctoral courses for students arriving from countries partnering with the Hungarian government under the “Eastern opening” program. After acquiring a diploma in Hungary, these students will return to their home to help the economic and cultural development of their respective countries.
The program, however, is also designed to work with the Hungarian state’s current foreign affairs and trade policies, projecting a positive image of Hungary to the world. Students can apply for the scholarship at the partner the countries’ educational ministries, while the evaluation is done by the Ministry of Human Resources. Currently there are 28 countries in the agreement.
The Balassi Institute spreads and promotes Hungarian language and culture aboard, and plays a key role in developing and attaining Hungary’s objectives in the area of cultural diplomacy. As an organizational hub, it coordinates and directs all activities provided by Hungarian institutes abroad. It is named after Hungarian Renaissance lyric poet Bálint Balassi.