The Charles and Julia Henry Fellowships (known as the 'Henry Fellowships') were initiated in 1930 and are one of the most competitive and prestigious scholarships in the world. The fellowship funds four full-time post-graduate students every year at Harvard University, Yale University, the University of Cambridge and the University of Oxford. Two students from any British university are funded to study in the US (one at Harvard and one at Yale), and two American students from Harvard and Yale are funded to study at Cambridge and Oxford.