OPEC Fund for International Development (OFID) Scholarships 2019/2020 for Students in Developing Countries

OFID (The OPEC Fund for International Development) 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 2019/2020

Application Deadline: 14th April, 2019

Get Low-Interest Student Loan to Study Abroad. To learn more, click banner below to register for our upcoming Webinar this Friday. For Masters only!

Offered annually? Yes

To be taken at (country): Any recognized University in the world

Accepted Subject Areas: The Scholarship is open to those students who wish to pursue studies in a relevant field of Development or Energy Studies such as: economics of development (poverty reduction, energy and sustainable development), environment (desertification), or other related science and technology fields.

About Scholarship: The OPEC Fund for International Development – OFID Scholarship Award 2019/2020 is open for 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, to win up to $50,000.

OFID scholarships will be awarded to four students or candidates for master’s degree studies. Applicants must be from a developing country (except OFID Member Countries),  and he/she 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.

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 winners of the OFID Scholarship Award will receive a scholarship of up to US$50,000. The funds will be spread over a maximum of two years, toward the completion of a Master’s degree, or its equivalent, at an accredited educational institution, starting in the autumn of the academic year 2018/2019.

Type: Masters

Selection Criteria: 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. Once an application has been submitted, no changes will be allowed on it.

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 2018, and must maintain full-time status for the duration of the Master’s Degree.
• Must be a national of a developing country—please refer to the list of eligible countries. Please note that nationals of OFID Member Countries (Algeria, Ecuador, Gabon, Indonesia,  Iran, Iraq, Kuwait,  Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, Venezuela) are ineligible to apply.
• 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.

Number of Scholarship: Four

Scholarship Benefits: The winners of the OFID Scholarship Award will receive a full tuition scholarship 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.

Duration: one year masters degree programme

Eligible African Countries: See the list of eligible developing countries for OFID Masters scholarship from the link below

How to Apply: 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, recommendations, and other required information must be received no later than the deadline date.

Required Documents

• A completed on-line application form.
• A scanned copy of the applicant’s passport.
• A scanned copy of the transcripts/certificates from the highest level of education completed.
• A scanned letter of acceptance from chosen educational institution, confirming your admission, subject of study and duration of the Master’s degree program.
• 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 (or present employer).
• Curriculum Vitae (CV).

Only the winner will be notified via OFID website at www.ofid.org.

Visit Scholarship Webpage for details

Sponsors: The OPEC Fund for International Development (OFID)