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
Eligibility
- 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 be matriculated at an accredited university for the upcoming academic year starting August/September 2015, and
- Must maintain full-time status for the duration of the Master’s Degree.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.
Scholarship value (What does it cover)
- The winners will receive a scholarship of up to US$50,000 covering
- 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
- Accommodation
Disbursement of the Scholarship Fund
The terms and conditions of payment will be
determined in coordination with the student upon his/her selection in
accordance with the following guidelines:
The tuition fees, including any supplementary examination fees, as may be required by the academic institution, will be paid by OFID directly to 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 and accommodation, will be transferred to the student’s own personal bank account.
Prior to the start of his/her first year studies, the student will be paid a relocation grant. OFID will also pay for travel costs from the nearest airport to the student’s place of residence, to the nearest airport to the chosen place of study. Upon completion of the studies, the student will be paid the cost of one-way air ticket to his/her home country.
The tuition fees, including any supplementary examination fees, as may be required by the academic institution, will be paid by OFID directly to 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 and accommodation, will be transferred to the student’s own personal bank account.
Prior to the start of his/her first year studies, the student will be paid a relocation grant. OFID will also pay for travel costs from the nearest airport to the student’s place of residence, to the nearest airport to the chosen place of study. Upon completion of the studies, the student will be paid the cost of one-way air ticket to his/her home country.
How to apply
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. Click down here
https://app.wizehive.com/appform/login/OfidScholarship
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. Click down here
https://app.wizehive.com/appform/login/OfidScholarship
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.
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.
Required Documents
·
A completed on-line application form.
·
A scanned copy of the applicant's passport.
·
A scanned copy of the last university degree or
certificate.
·
A scanned letter of acceptance from chosen
educational institution, confirming your admission, subject of study and
duration of the Master’s degree program (must not exceed one year).
·
A proof of meeting any prerequisites, including
language proficiency.
·
A short essay – of about 500 words in English –
giving reasons for applying for the OFID scholarship, explaining your
educational goals, and clearly describing how you will use the experience
gained from your Master's degree studies to help in the development of your
home country.
·
Two letters of recommendation from professors
and/or lecturers at applicant's present university.
·
Curriculum Vitae (CV
Application Deadline: All materials including the on-line
application, recommendations, and other required information must be received
no later than May 8, 2015.
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