The OPEC Fund for International Development (OFID) is the development finance institution established by the Member States of OPEC in 1976 as a channel of aid to the developing countries.
OFID works in cooperation with developing country partners and the international donor community to stimulate economic growth and alleviate poverty in all disadvantaged regions of the world. It does this by providing financing to build essential infrastructure, strengthen social services delivery and promote productivity, competitiveness and trade. OFID’s work is people-centered, focusing on projects that meet basic needs – such as food, energy, clean water and sanitation, health care and education – with the aim of encouraging self-reliance and inspiring hope for the future.
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 of up to US$50,000. 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, starting in the autumn of the academic year 2019.
Aside from this OFID scholarship, there are other you can also apply for that is open to developing country students like commonwealth scholarships, Erasmus mundus scholarship, chevening scholarshipetc
ofid scholarship award for international students is open to Any recognized University in the world.
The Scholarship is a Full masters scholarship open to those students who wish to pursue studies in a relevant field of Development or Energy Studies such as economics of development (poverty reduction, energy, and sustainable development), environment (desertification), or other related science and technology fields.
The winners of the OFID Scholarship Award will receive a full-tuition scholarship of up to US $50,000. The funds will be spread over a maximum of one year, toward the completion of a Master’s degree, or its equivalent, at an accredited educational institution.
OFID member countries are eligible to apply for this scholarship. See the list of eligible developing countries for OFID Masters scholarship. OFID has 13 members.
countries: Algeria, Ecuador, Gabon, Indonesia, ran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela.Ecuador reactivated its membership in June 2014 after a 22-year absence.
To be eligible to apply for the OFID Masters Scholarship, applicants:
Applicants must complete the online application.
Within the online application, applicants must upload the required documents as listed below. All materials including the online application, recommendations, and other required information must be received no later than the deadline as stated below.
Only the winner will be notified by June 2, via OFID website at www.ofid.org.
Visit Scholarship Webpage for more details
Deadline: 30 June 2019 The Macquarie University Vice-Chancellor’s International Scholarship provides a partial tuition fee scholarship for outstanding students to study..