Partially-Funded Scholarship for Egyptian and Syrian Master Students from Aga Khan Foundation 2020

OPPORTUNITY DETAILS

Total reward

0 $

Nonprofit organization

Aga Khan Foundation

Deadline

31 Mar 2020

Study level

Undergraduate

Opportunity funding

Full funding

Eligible Countries

Egypt , Syria

Eligible Region

All Regions

The Aga Khan Foundation offers a limited number of scholarships each year for postgraduate studies to outstanding students from select developing countries who have no other means of financing their studies, in order to develop effective scholars and leaders and to prepare them for employment, primarily within the AKDN. Scholarships are awarded on a 50% grant: 50% loan basis through a competitive application process once a year in June or July. The Foundation gives priority to requests for Master's level courses but is willing to consider applications for Ph.D. programs, only in the case of outstanding students who are highly recommended for doctoral studies by their professors and who need a Ph.D. for the fulfillment of their career objectives (academic or research-oriented).

Note: For the 2020-21application cycle, the Foundation will not accept applications from students planning to attend universities in UK, Germany, Sweden, Austria, Denmark, The Netherlands, Italy, Norway, and Ireland.

Eligibility Criteria:

Applications for short-term courses are not considered; neither are applications from students who have already started their course of study.
The Foundation accepts applications from nationals of the following countries: Bangladesh, India, Pakistan, Afghanistan, Tajikistan, Kyrgyzstan, Syria, Egypt, Kenya, Tanzania, Uganda, Madagascar, and Mozambique. In France, Portugal, UK, USA and Canada, applications are accepted from those who are originally from one of the above-developing countries, are interested in development-related studies and who have no other means of financing their education.
The Foundation only accepts applications of eligible nationals listed above who are residing in one of the countries where there are local Aga Khan Foundation (AKF), Aga Khan Education Services (AKES), or Aga Khan Education Board (AKEB) offices which process applications and interview candidates.
Preference is given to students under 30 years of age.

Selection Criteria:

The main criteria for selecting award winners are:

Consistently excellent academic records.
Genuine financial needs.
Admission to a highly reputable university program of study.
The relevance of the field of study to AKDN’s focus areas.

Candidates are also evaluated on demonstrating thoughtful and coherent educational and career plans, their extra-curricular interests and achievements, potential to achieve their goals and the likelihood to succeed in a foreign academic environment. Applicants are expected to have some years of work experience in their field of interest.

Funding:

The Foundation assists students with tuition fees and living expenses only.
The cost of travel is not included in AKF scholarships.
Funding for Ph.D. programs is only provided for the first two years of study, after which the students are expected to find alternative sources of assistance. Financial assistance is provided according to the needs of students, but the ISP must be considered a lender of last resort. Applicants are requested to make every effort to obtain funding from other sources as well so that the amount requested from the Foundation can be reduced to a minimum. Preference is given to those who have been able to secure some funding from alternative sources.

Loan Conditions:

Half of the scholarship amount is considered as a loan, which must be reimbursed with an annual service charge of 5%. A guarantor is required to co-sign the loan agreement. The payback period is five years, starting six months after the study period funded by the Aga Khan Foundation.

About

The AKDN works in over 30 countries around the world. It employs approximately 80,000 people, the majority of whom are based in developing countries. The AKDN’s annual budget for non-profit development activities is approximately US$ 625 million. The project companies of the Aga Khan Fund for Economic Development generated revenues of US$ 3.5 billion (all surpluses are reinvested in further development activities).

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