THE AMERICAN INSTITUTE FOR FOREIGN STUDY (AIFS) and its family of companies organizes cultural exchange programs throughout the world for more than 50,000 students each year and arranges insurance coverage for our own participants as well as participants of other organizations. The group, a privately owned U.S. corporation with wholly owned overseas subsidiaries, has annual revenues in excess of $130 million. Since our founding in 1964, more than a million students and teachers have participated in AIFS programs worldwide.

The opportunity and need for enhanced global understanding is greater now than ever. AIFS is proud to serve this end through the programs described. Our programs teach young people from all over the world to understand each other's qualities, their similarities and differences. AIFS program participants learn vital language skills as well as the ability to function in different cultures. We provide our program participants with the educational edge they need to succeed in a highly competitive, diverse and interdependent world.

As we enter the 21st century, we look back proudly on three and a half decades of service to individuals and institutions concerned with educational and cultural exchange. We look forward to the future and to a world that shares a common global vision of peace and prosperity.