2014/15 OFID Scholarship for Student from Developing Countries.

Application Deadline: May 1st 2014

OFID’s Scholarship Program sponsors outstanding young students from developing countries through graduate studies in a development-related discipline.

The OPEC Fund for International Development (OFID) is the development finance institution established by the Member States of OPEC in 1976 as a collective channel of aid to the developing countries.

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 2013, 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.

All materials including the on-line application, recommendations, and other required information must be received no later than May 1, 2014.

Worth:

• 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.

For More Information:

Visit the Official Webpage of the OFID Scholarship Awards