The HAESF Fellowship allows for the entire length of the various executive education programs as posted on Harvard University's respective course website.

Airfare

HASEF will purchase one round trip, economy fare ticket between Hungary and Boston, MA. The HAESF Budapest office will purchase the Fellow's plane tickets only after they have been accepted to the respective program and have secured the U.S. visa. Airfare will be based on the best available round-trip economy price.

General Award Info

Monetary amounts vary from participant to participant depending on the length and costs of attending the respective Executive Education program. Scholarship awards are determined in advance based on each individual circumstances and are not negotiable . In general, scholarship awards will cover all expenses related to attending the approved Executive Education program. While awards are meant to maintain a basic but comfortable standard of living, they do not provide for an extravagant lifestyle or as it may pertain to lifestyle preferences.

Awards may cover the following:

• Tuition and fees
• one economy based round-trip plane ticket from Hungary to Boston, MA
• room and board
• local public transportation
• program mandated health insurance
• visa processing fees
• personal allowance

Awards do NOT cover:

• vacation / leisurely travel in the U.S.
• gift or pleasure shopping
• hardware or equipment purchases (computers, laptops, printers etc.)
• additional expenses that pertain to lifestyle preferences
• dependent expenses

Housing

Housing options will vary from participant to participant depending on the Executive Education program. In most cases, housing will be pre-arranged on or near campus. In some cases, participants will be responsible for locating and securing adequate housing for themselves. Please review the respective course details for complete information.

Visa Services

In most cases, applicants will be required to apply for the B-1 non-immigrant visa for business/tourist purposes. HAESF will assist participants to secure US visas administratively and monetarily. Ultimately, however, HAESF cannot guarantee the receipt of a U.S. visa. Participants will be responsible for completing all visa forms in a timely and accurate manner, meeting with U.S. consular officials for an interview, and maintaining and submitting appropriate documentation.

Program Restrictions

Selected participants will be asked to abide by all U.S. laws, Harvard University rules as well as HAESF's policies and restrictions, such as:

• Participants are expected to attend and complete the Executive Education program to which they were accepted and approved by HAESF.
• Participants cannot engage in work or volunteer while in the U.S.
• HAESF Fellows are not allowed to receive any other compensation in addition to their HAESF scholarship.

Three-year Home Country Physical Presence Requirement:
Upon completion of the HAESF program, all scholarship recipients and participants are required to return to, and to reside in Hungary for a minimum of three years, and are not permitted to stay or attempt to stay in the U.S. or any other foreign country for any reason.

The residency requirement constitutes a moral and legal obligation that is at the foundational aim of HAESF to promote free enterprise, business and social development in Hungary through investment in human capital. Applicants should agree to uphold the Three-year Home Country Physical Presence Requirement as precondition for applying. If participants do not adhere to the Three-year Home Country Physical Presence Requirement, without the express written consent of HAESF or its designees, the entire scholarship award becomes a debt owed to HAESF and the participant will refund all scholarship monies as well as any and all collection expenses, including but not limited to legal.

Because the Three-year Home Country Physical Presence Requirement is at the foundational aim of the Hungarian-American Enterprise Scholarship Fund, HAESF and its designees, are under no obligation to consider deferment of the Three-year Home Country Physical Presence Requirement and our intention is not to.

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