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OPEC Scholarships to Study in Any Country for Students from Developing Countries

OFID Scholarship Awards

Course(s) Offered: Any relevant field
Course Level: Postgraduate (masters)
Provider: OFID
Country to Study in: Any Country

Scholarship Description
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 2014/2015.

Launched in 2005, the OFID Scholarship Program sponsors outstanding young students from developing countries through graduate studies in a development-related discipline.

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 winner of the OFID Scholarship Award will receive a tuition support of up to US$50,000.

OPEC Fund for International Development (OFID)

Eligibility
To be eligible to apply for the OFID Masters Scholarship, 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 be matriculated at an accredited university for the upcoming academic year starting August/September 2014, 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.
Eligible groups
Citizens of any developing country, except OFID Member Countries. Please see the complete eligible country list here.

Participating Institution(s)
Any recognized university/college of higher education (anywhere) in the world

Fields of Study
Studies in any relevant field of Development or Energy Studies.

The subject of study must relate 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.

Number of awards
Not yet confirmed for the current year. However, the OFID Scholarships are usually limited.

Sponsorship duration
For the whole duration of the graduate degree programme

Scholarship benefits
The winner of the OFID Scholarship Award will receive a full tuition scholarship support of up to US$50,000. The funds will be spread over a maximum of one year, toward the completion of a Master’s degree, or its equivalent, at an accredited educational institution, starting in the autumn of the academic year 2014.

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 on a quarterly basis.

Benefits also cover relocation grants and travel costs.

For a complete list of all benefits, please see the official site (link to it is below)

Method of Application
Applicants must complete the online application. Within the on-line application, applicants must upload the required documents as listed below. All materials including the on-line application form, recommendations, and other required information must be received no later than the deadline date below.

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.
Required Documents:
  • A completed on-line application form.
  • A scanned copy of the applicants 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).
  • 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).
Kindly read ALL directions on the official website (link to it is below) before proceeding with the application process.

DEADLINES:
Application deadline is May 1, 2014. The application deadline is as stated.

PLEASE NOTE:
Applicants must be from a developing country, and he/she must first obtain admission to pursue a Master’s (graduate) degree, or its equivalent, in any recognized university/college in the world. The Scholarship is open to those students who wish to pursue studies in a relevant field of Development or Energy Studies.

Applicants are responsible for gathering and submitting all necessary information. Applications will be evaluated based on the information provided. Therefore, all questions should be answered as thoroughly as possible. Incomplete applications will not be considered. Once an application has been submitted, no changes will be allowed on it.

OFID will not consider applications received through a third party.

Please do not call or email OFID to see if your application has been received or to inquire about your status. You will receive an automated confirmation once your application has been submitted. Only the winner will be notified by June 13, 2014 via OFID website at www.ofid.org.

Application Deadline: 1 May 2014
Open to International Applicants: Yes (ONLY 'Eligible groups')

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