Boxer Indemnity Scholarship
Scholarship for Chinese students to be educated in the US / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Boxer Indemnity Scholarship?
Summarize this article for a 10 year old
The Boxer Indemnity Scholarship Program (Chinese: 庚子賠款獎學金; lit. '[Year] Gengzi Indemnity Scholarship') was a scholarship program for Chinese students to be educated in the United States, funded by the Boxer Indemnities. On May 25, 1908, the U.S. Congress Senate and House of Representatives passed the Joint Resolution (S. R. 23)[1] to return to China the excess of Boxer Indemnity,[2] amounting to over $11,961,121.76.[3] Despite fierce controversies over returning the excess payment, President Theodore Roosevelt's administration decided to establish the Boxer Indemnity Scholarship Program to educate Chinese students in the United States. President Roosevelt recognized this program as a chance for "American-directed reform in China" that could improve US-China relations and raise America's standing in the world.[4] Instead of copying European imperialism and using military means to reap a short-term financial gain, Roosevelt established the program to ensure peace and trade in China in the "most satisfactory and subtle of all ways", while helping the United States gain respect and take a global leadership position.[5]
Boxer Indemnity Scholarship | |||||||||
---|---|---|---|---|---|---|---|---|---|
Traditional Chinese | 庚子賠款獎學金 | ||||||||
Simplified Chinese | 庚子赔款奖学金 | ||||||||
| |||||||||
Since its inception, the Boxer Indemnity Scholarship Program has been called "the most important scheme for educating Chinese students in America and arguably the most consequential and successful in the entire foreign-study movement of twentieth century China."[4]
On July 16, 1925, President Calvin Coolidge approved "Executive Order 4268—Remission of Further Payments of Installments of the Chinese Indemnity" to implement the Congress's "Joint Resolution to provide for the remission of further payments of the annual installments of the Chinese indemnity" approved on May 21, 1924.[6][7]