Further research took me to the LASPAU website where I have copied and pasted some interesting historical information about the program as well as some more specific information about the CAMPUS program at the University of Wisconsin-Eau Claire:
"The Fulbright Program initiated CAMPUS to enable academically gifted students to obtain bachelor’s degrees at
colleges and universities. CAMPUS provided scholarships for students to complete 30 months of academic course work, including intensive English language training, general education courses, and specialization in disciplines including business administration, communications, computer science, education, natural sciences, and social sciences. Over the course of the program, 795 young people from U.S. Central America studied at 28 institutions and returned home to pursue professional careers."
“In 1988, the University of Wisconsin–Eau Claire held a three-day conference on
Latin America attended by over 400 delegates, including four Latin American ambassadors, a representative of the U.S. State Department, and CAMPUS students themselves. The university subsequently set up a Latin American Institute, providing undergraduate courses on Latin American history, geography, economics, and political studies, as well as field trips to Latin America.” (my note: I personally benefited from the Latin American Institute established at UW-Eau Claire as I majored in Spanish and minored in Latin American Studies)
You can read more about the CAMPUS program on the LASPAU website here.