OFID Master’s Scholarship Award for International Students 2015/16 – Up to $50,000

OFID Master’s Scholarship Award for International Students 2015/16 – Up to $50,000

Deadline: May 8, 2015

The OPEC Fund for International Development (OFID) is pleased to announce that qualified applicants who have obtained or are on the verge of completing their undergraduate degree and who wish to study for a Master’s degree are welcome to apply for the OFID Scholarship 2015/2016.  OFID scholarships will be awarded to four students or candidates for master’s degree studies.

Through its scholarship scheme, OFID aims to help highly motivated, highly driven individuals overcome one of the biggest challenges to their careers – the cost of graduate studies. The funds will go towards the completion of a Master’s degree, or its equivalent, at an accredited educational institution, starting in the autumn of the academic year 2015/2016.

Scholarship Value

The winners of the OFID Scholarship Award will receive a scholarship of up to US$50,000. The scholarships covers the:

  • tuition fees, including any supplementary examination fees, as may be required by the academic institution
  • Health insurance will be paid in accordance with the institution’s own standard medical scheme.
  • A monthly allowance to cover living expenses
  • Books
  • Accommodation

Eligibility

To be eligible for the scholarship, all applicants:

  • Must be between the ages of 23-32 at the time of submitting his/her application.
  • Must have obtained or be on the verge of completing their undergraduate degree with a Baccalaureate from an accredited college/university, or its equivalent.
  • Must have a minimum cumulative GPA of 3.0 or higher on a 4.0 rating system, or its equivalent.
  • Must first obtain admission to pursue a Master’s degree studies in a relevant field of development, from any recognized university/college in the world.
  • Must be a national of a developing country (except OFID Member Countries)
  • Must select a subject of study that pertains to OFID’s core mission, such as: economics of development (poverty reduction, energy and sustainable development), environment (desertification), or other related science and technology fields.

Application Guidelines

  • STEP 1: Ensure that you fulfill the OFID Scholarship Award Eligibility Criteria.
  • STEP 2: Register within the OFID Scholarship Portal by using your email address. Please note you can log onto the portal as many times as required before finally submitting the application.
  • STEP 3: Fill out the application form. Make sure to save data each time you update your application. Once you are logged in, if the page remains inactive for more than two hours, your session will time-out and you may lose unsaved data. Do not submit your application until you have completed the entire application process!
  • STEP 4: Upload necessary documents: CV, two recommendation letters, Bachelor’s certificate/transcript, acceptance letter into postgraduate program and essay.
  • STEP 5: When your application is complete, and all additional documents are uploaded, your application is ready to be submitted. Once your application is submitted, you can no longer make any changes or upload any more documents.

For more information, visit OFID Scholarship Program.

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