Masters students applying for yearlong abroad fellowships?

<p>Hi all. I'm a masters student in my first year and loving it. I was thinking about applying for a yearlong teaching Fulbright while getting some research done. My field is applied linguistics and I'd be teaching English....hopefully, if I were to do this, and I come back I'd be able to teach at my university's English school.....</p>

<p>Anyway, I've heard of people doing things like this as doctoral students or AFTER they've completed their studies, but those who are ONLY masters students and have finished one year.....do they go abroad to do things like this despite having a ways to go in their masters program? Do you think it is silly to apply for something like that at this time? Is it wiser to just wait? Thanks.....</p>