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Press Release


Darren O'Sullivan
ANNANDALE-ON-HUDSON, N.Y.— Taun N. Toay, a 2005 Bard College graduate from Sioux Falls, South Dakota, has been awarded a U.S. Student Fulbright Award to study economics in Greece in 2005-2006, the United States Department of State and the J. William Fulbright Foreign Scholarship Board have announced. Toay will be one of more than 1,000 U.S. students to travel abroad for the 2005-2006 academic year through the Fulbright Program, which was established in 1946—under legislation introduced by the late Senator J. William Fulbright of Arkansas—with the aim of building mutual understanding between the people of the United States and the rest of the world. “I am thrilled by the prospects of this award,” said Toay, who earned a B.A. in economics from Bard on May 21. Toay said the grant will aid his studies, in which he hopes to isolate the inflationary effects of the euro on the Greek economy. While he will conduct his research independently, he will have a mentor at the University of Pireas in Greece. The grant will fund his relocation and travel expenses, while providing a monthly stipend to cover the costs of living and working in Europe. The Fulbright Program, America's flagship international educational exchange program, is sponsored by the United States Department of State, Bureau of Educational and Cultural Affairs. Since its inception, the Fulbright Program has exchanged more than a quarter of a million people: 100,900 Americans who have studied, taught, or researched abroad, and 166,600 students, scholars and teachers from other countries who have engaged in similar activities in the United States. The program operates in over 150 countries worldwide. Recipients of Fulbright awards are selected on the basis of academic or professional achievement, as well as demonstrated leadership potential in their fields. Among the thousands of prominent Fulbright alumnae are: Craig Barrett, former chief executive officer, Intel Corporation; Marek Belka, prime minister, Poland; Mohamed Benaissa, minister for foreign affairs and cooperation, Morocco; Chan Heng Chee, ambassador to the United States, Singapore; Luis Ernesto Derbez, minister of foreign affairs, Mexico; Renee Fleming, opera singer; Dolores Kendrick, poet laureate, Washington, D.C.; Daniel Libeskind, architect; Robert Shaye, founder and co-chairman, New Line Cinema; Javier Solana, foreign policy chief, European Union; Joseph Stiglitz, Nobel Laureate in economics; and Muhammed Yunus, managing director and founder, Grameen Bank. For more than forty years, the Bureau of Educational and Cultural Affairs has supported programs that seek to promote mutual understanding and respect between the people of the United States and the people of other countries. The U.S. Student Fulbright Program is administered by the Institute of International Education. # # # (05.19.05)

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This event was last updated on 11-21-2005