Read more about it at Fulbright's website.
It says, though, that "candidates should be prepared for Spartan living conditions". Not true! Barang [foreigner]-oriented apartments with all mod cons are available in Phnom Penh (the capital), Siem Reap (tourist central), Sihanoukville (beach boys and their girls), Kampot (river town that's tranquil once again now the euthanasia guy's gone), Kep (crammed with French holidaymakers) and Battambang (Cambodia's second largest city and proverbial rice bowl). My huge studio apartment was built only 6 months ago, is a massive 4 x 8 meters x 3 meter ceiling complete with powerful fan constantly whirring away, and a pair of windows that look over coconut trees and wooden houses. They're mercifully away from the crododile farm on the other side of the building; you know how carrion smells in this kind of 34-40-degree heat. The place costs a whopping $70/month. It's a lot for me, but not for your average "American on an academic mission" stipend.
So there, Fulbrighters! You should pay the country a visit before you write about it. [That's not going to stop me from applying for one sometime, though.] Worth mentioning: they are correct about the "harsh living conditions" outside urban areas.
Happy Ides of March to all.