The Taiwan Scholarship is a scholarship for international students who possess prior excellent academic performance and good moral character. The program began in 2004 as the jointly established Scholarship Program of Taiwan funded by the government of the Republic of China's Ministry of Education, Ministry of Foreign Affairs, Ministry of Economic Affairs, and National Science Council of the Executive Yuan. Currently, there are four types of scholarship programs: MOE Scholarships, MOFA Scholarships, MOEA scholarships and NSC Scholarships.