US-CAEF fellows pose for a photo at the US Capitol

U.S.-CAEF - Fellowships

The U.S.-Central Asia Education Foundation Enterprise Student Fellowship Program (US-CAEF) is an academic scholarship program of the U.S.-Central Asia Education Foundation and is administered by American Councils for International Education. U.S.-CAEF provides funding for undergraduate study in business administration and economics through the Enterprise Student Fellowships.

Fellowships fund student enrollment at the American University of Central Asia (Bishkek) and KIMEP University (Almaty), which are leading Western-style institutions in the region. The fellowships are awarded to qualified students, who are citizen residents of the Central Asian countries of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan, based on academic merit and financial need.

Classroom experiences are enhanced through the Enterprise Regional Internship Program, which allows students to gain valuable work experience at local companies in Central Asia following their second year, and the U.S. International Capstone Internship Program for a select group of the most promising graduating seniors in Washington, DC.

Of U.S.-CAEF alumni, 91 percent are currently either employed (77 percent) or enrolled in graduate programs on full scholarships (14 percent). U.S.-CAEF alumni have created approximately 16 successful new businesses in the region, while others have taken up key positions as bank directors, financial managers, investment advisors, marketing professionals, auditors, and business consultants.


Funded by

U.S.-Central Asia Education Foundation