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OPEC Fund for International Development Scholarship Award 2022/2023 Application Portal.
OFID Scholarship Award: The OPEC Fund for International Development (OFID) invites applications from suitably qualified students into their OPEC fund for International development scholarships for master’s students – Fully-funded scholarship for all students.
OFID Scholarship Award Portal
OFID scholarships will be awarded to candidates for master’s degree studies. Applicants must be from a developing country.
However, they must first obtain admission to pursue a Master’s degree studies in a relevant field of development. This is 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 spread over a maximum of two years. This is toward the completion of a Master’s degree, or its equivalent, at an accredited educational institution, starting in the autumn of the academic year 2021/2022.
Eligibility for OFID Scholarship Award
➣ 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 it’s 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.
Benefits of OFID Scholarship Award
The Award will cover the full cost of tuition fees, including any supplementary fees, required by your academic institution.
However, the grant will also cover one round-trip flight between your home country and the university.
Furthermore, health insurance is a relocation grant to help you cover the additional costs of moving. Also, a monthly allowance for one year.
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 a one-way air ticket to his/her home country.
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➣ A completed online application form.
➣ A scanned copy of the applicant’s passport.
➣ A scanned copy of the transcripts/certificates from the highest level of education was completed.
➣ A scanned letter of acceptance from a 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. Explain your educational goals.
Also, clearly describe how you will use the experience gained from your Master’s degree studies. This is to help in the development of your home country.
➣ Two letters of recommendation from professors and/or lecturers at the applicant’s present university (or present employer).
Curriculum Vitae (CV).
STEP 1: Ensure that you fulfil the OFID Scholarship Award Eligibility Criteria and all necessary documents are ready for submission.
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, certificates/transcripts from the highest level of completed education, acceptance letter into the postgraduate program, passport copy and personal essay.
STEP 5: When your application is complete, and all additional documents are uploaded, your application is ready to be submitted.
However, once your application is submitted, you can no longer make any changes or upload any more documents.
Please do not call or email OFID to see if your application has been received or to inquire about your status.
Furthermore, you will receive an automated confirmation once they have submitted your application. Only the winners will be notified by June and announced on our website.
How to Apply For OFID Scholarship Award
Interested and qualified candidates should Click Here to Apply.
If you have any questions concerning OFID Scholarship Award, please feel free to use the comment box below and ask us your question. We will be very pleased to answer you.
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