US$ 100,000 SCHOLARSHIP... To support an undergraduate student from any developing country

Director-General of OPEC Fund for international Development

Covers Tuition fees, living expenses, books, accommodation, health insurance, etc

OFID (The OPEC Fund for International Development) has announced that qualified undergraduate students are welcome to apply for the OFID Scholarship. The OFID Scholarship will be awarded to support an undergraduate student from any developing country, to pursue higher education in a relevant field of development, in any recognized university/college in the world. The winner of the OFID Award will receive a scholarship of up to US$100,000. 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, normally starting in the autumn of each academic year.

The disbursement of fund covers 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. Prior to the start of his/her first year studies, the student will be paid a relocation grant, equal to two-month allowance. 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.

To be eligible the candidate must be between the ages of 23-32 at the time of submitting his/her application, must be a graduating student with a Baccalaureate from a four-year, 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, and must maintain full-time status for the duration of the Masters Degree, must be a national of a developing country (Ghana is included in the list of 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 can be completed on-line at (http://www.ofid.org/scholarship/application.aspx) with a scanned copy of the last university degree or certificate, a scanned letter of acceptance from your chosen educational institution confirming your admission, subject of study and duration of the Master's degree program (must not exceed a maximum of two years). Also required is a proof of meeting any prerequisites, including language proficiency. A short essay – of about 250 words in English – giving reasons for applying for OFID's scholarship, explaining your educational goals, and clearly describing how you will use the experience gained from your Masters degree studies to help in the development of your home country must be submitted alongside two letters of recommendation from professors and/or lecturers at applicant's present university.

OFID
The OPEC Fund for International Development
Parkring 8, A-1010 Vienna, Austria
Mailing Address:
P.O. Box 995, A-1011 Vienna, Austria
Telephone: +43-1-515 64-0 Fax: +43-1-513 92 38
Email: [email protected]