Most such merit-based scholarships are paid directly by the institution the student attends, rather than issued directly to the student. Merit-based: These awards are based on a student's academic, artistic, athletic, or other abilities, and often a factor in an applicant's extracurricular activities and community service record.The most common scholarships may be classified as: Some prestigious, highly competitive scholarships are well-known even outside the academic community, such as Fulbright Scholarship and the Rhodes Scholarships at the graduate level, and the Robertson, Morehead-Cain and Jefferson Scholarships at the undergraduate level.Ī Navy Rear Admiral presents a Midshipman with a ceremonial cheque symbolizing her $180,000 Navy Reserve Officers Training Candidate scholarship. Scholarships also range in generosity some cover partial tuition, while others offer a 'full-ride', covering all tuition, accommodation, housing and others. Scholarship criteria usually reflect the values and goals of the donor of the award, and while scholarship recipients are not required to repay scholarships, the awards may require that the recipient continue to meet certain requirements during their period of support, such maintaining a minimum grade point average or engaging in a certain activity (e.g., playing on a school sports team for athletic scholarship holders). Generally, scholarships are awarded based on a set of criteria such as academic merit, diversity and inclusion, athletic skill, and financial need. This window is now closed to new applicants.A young man (in bowtie) receives a scholarship at a ceremony.Ī scholarship is a form of financial aid awarded to students for further education. Japan Indonesia Presidential Scholarship Program (JIPS): This Program is no longer accepting applications. With a one-time $10 million grant from the Government of Japan, this scholarship supported three cohorts (2008–2010) of 43 Indonesian PhD students to study abroad under the sponsorship of one of the program’s ten partner Indonesian universities. and work on DEC research projects, receiving formal training and participating in policy relevant research. Selected fellows are hosted as a cohort at the World Bank in Washington D.C. Currently, the program connects promising young researchers to World Bank research, data resources, and technical expertise. McNamara Fellowships Program (RSMFP): Since 1982, RSMFP has provided support to young researchers on a wide variety of topics in development-related fields. On an annual basis, the Government of Japan solely funds the JJWBGSP. Joint Japan/World Bank Graduate Scholarship Program (JJWBGSP): Since 1987, JJWBGSP has enabled more than 6,000 mid-career professionals from 160 developing countries and Japan to complete graduate degrees in development-related fields.Since 1982, the DEC’s scholarship programs have helped to form a pool of over 6,000 well-trained and experienced development professionals and scholars, transforming their countries and positively impacting future generations. It is an important component of the World Bank’s efforts to promote economic development and shared prosperity through investing in education, capacity building, and developing human resources in the developing world. The World Bank’s Development Economics Vice Presidency (DEC) provides scholarships to students and young researchers, contributing to the World Bank’s mission of forging new dynamic approaches to capacity development and knowledge sharing in the developing world.
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