SCHOLARSHIPS: The Aga Khan Foundation provides a limited number of scholarships each year for postgraduate studies to outstanding students from developing countries who have no other means of financing their studies. Scholarships are awarded on a 50% grant : 50% loan basis through a competitive application process once a year.
The Foundation gives priority to requests for Master’s level courses but is willing to consider applications for PhD programmes. Applications for short-term courses are not considered.
Target group: 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.
Scholarship value/inclusions: The Foundation assists students with tuition fees and living expenses only. The cost of travel is not included in AKF scholarships. 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.
Eligibility Criteria: 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.
The main criteria for selecting award winners are: (excellent academic records, 2) genuine financial need, 3) admission to a reputable institution of higher learning and 4) thoughtful and coherent educational and career plans. Candidates are also evaluated on their extra-curricular interests and achievements, potential to achieve their goals and likelihood to succeed in a foreign academic environment. Applicants are expected to have some years of work experience in their field of interest.
Application instructions:
The application procedures of AKF’s International Scholarship Programme are decentralised. Students may obtain application forms as of January 1st each year from AKF offices or Aga Khan Education Services / Boards in their countries of current residence. Completed applications should be returned to the agency from which the form was obtained. They should not be sent to Geneva. The deadline for submission of applications is 31 March 2015, although in certain countries internal deadlines may be earlier.
It is important to visit the official website (link found below) for detailed information on how to apply for this scholarship.
Website:
Official Scholarship Website: http://www.akdn.org/akf_scholarships.asp