Ambassadorial Scholarships, The Rotary Foundation's oldest and best-known program, was founded in 1947. Today it is the world's largest privately funded international scholarships program. The 2010-11 class of Ambassadorial Scholars received $9.6 million through individual grants of $25,000. Since 1947, a total of $532 million has been awarded to 41,000 men and women. 

The purpose of the Ambassadorial Scholarships program is to further international understanding and friendly relations among people of different countries and geographical areas. The program sponsors several types of scholarships for undergraduate and graduate students as well as for qualified professionals pursuing vocational studies. While abroad, scholars serve as goodwill ambassadors to the host country and give presentations about their homelands to Rotary clubs and other groups. Upon returning home, scholars share with Rotarians and others the experiences that led to a greater understanding of their host country.

Application and more information can be found via the www.rotary.org website here.