World Bank 2024 Scholarships Application Guide
If you’re a student interested in applying for the 2023-2024 World Bank Scholarships, it’s important for you to familiarize yourself with the following details. These scholarships are granted to global students with the aim of supporting their academic pursuits in a selection of 35 designated programs at universities located in countries such as the United States, United Kingdom, Netherlands, Australia, Japan, and France. These programs focus on critical development areas. The scholarships offer financial assistance for pursuing master’s degree studies in a qualified host country.
The World Bank’s Development Economics Vice Presidency (DEC) awards scholarships to students and emerging researchers, furthering the World Bank’s mission to pioneer innovative methods for enhancing capacity development and disseminating knowledge in developing regions.
The scholarship program plays a crucial role in the World Bank’s commitment to advancing economic development and fostering shared prosperity. It achieves this by offering fully funded scholarships aimed at promoting education, enhancing capacity, and cultivating human resources in developing regions.
Since its inception, DEC’s scholarship initiatives have contributed to the creation of a pool comprising more than 6,000 highly skilled and knowledgeable development experts and academics. This has led to transformative changes in their respective countries and has had a positive influence on future generations.
Requirement and Eligibility Criteria for the World Bank Scholarships:
- Must be a citizen of a World Bank member country.
- Not be a staff member of the World Bank and not also a close relative of a staff member.
- Must have obtained relevant bachelor’s degree (or equivalent university degree) obtained at least three years before the application deadline.
- Not be a dual citizen of a developed country.
- Have at least three years of paid development-related employment since earning a Bachelor’s degree (or equivalent university degree) and acquired within the past six years from the date of the Application Deadline.
- On or before the scholarship application deadline, applicants must have been admitted unconditionally (except for funding) for the upcoming academic year to any of the Participating Programs and located outside of the applicant’s country of citizenship and country of residence.
- Africa: Algeria, Angola, Benin, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Congo, DR Congo, Ivory Coast, Djibouti, Egypt, Eritrea, Eswatini, Ethiopia, Gambia, Ghana, Grenada, Guinea, Guinea-Bissau, Guyana, Haiti, Kenya, Kiribati, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Marshall Islands, Mauritania, Micronesia, Morocco, Mozambique, Niger, Nigeria, Papua New Guinea, Rwanda, Samoa, São Tomé and Príncipe, Senegal, Sierra Leone, Solomon Islands, Somalia, South Sudan, Saint Lucia, Saint Vincent, Sudan, Tanzania, Togo, Tonga, Tunisia, Tuvalu, Uganda, Zambia, Zimbabwe.
- Europe: Ukraine, Kosovo.
- America: Belize, Bolivia, Dominique, El Salvador, Nicaragua, Venezuela.
- Asia: Afghanistan, Armenia, Azerbaijan, Bangladesh, Bhutan, Cambodia, Fiji, Honduras, Iraq, India, Indonesia, Lebanon, Myanmar, Maldives, Mongolia, Nepal, Palestine, Pakistan, Philippines, Syrian Arab Republic, Kyrgyz Republic, Tajikistan, Timor-Leste, Sri Lanka, Uzbekistan, Vanuatu, Vietnam, Yemen.
Benefits for the World Bank Scholarships:
- Round-trip airfare between recipient’s home country and the host country.
- Travel allowance of US$500 for each trip.
- Tuition waiver
- Basic medical coverage
- On-campus housing
- Monthly stipend.
Application Guide for the World Bank Scholarships:
Prospective candidates for the World Bank Scholarships 2024 must have received an unqualified offer of admission from a participating program to qualify for consideration. This entails that applicants need to carefully review the list of eligible participating programs offered by various host universities and subsequently apply for admission to their desired programs.
Here are the steps to follow when applying for the scholarship:
- Submit a Single Online Application: To be considered for the scholarship, applicants must submit one fully completed application electronically through the designated online application platform by the specified application deadline.
- Provide Two Online Recommendation Letters: Applicants should arrange for the submission of two recommendation letters from individuals who have direct knowledge of their professional work experience.
- Proof of Meeting Eligibility Criteria: Applicants must submit documentation that demonstrates their compliance with the eligibility criteria concerning the number of years of recent development-related work.
- Bachelor’s Degree Diploma: Submit your Bachelor’s degree diploma, and if applicable, also the diploma for your most advanced graduate degree. (Do not include a transcript or use it as a substitute for a diploma.)
- Curriculum Vitae (CV): Create a CV using the required format, written in English or the language of the master’s degree program for which you are seeking funding. If the work experience was unpaid, you should not include it in your CV. Instead, you can create a category labeled “Volunteer Work” and list any unpaid internships or other unpaid work under this heading.
- Unconditional Letter of Admission: You must provide an unconditional Letter of Admission for the upcoming academic year to the participating master’s program. Please note that the letter should be unconditional, except for financial considerations.
Following these steps and meeting all the specified requirements is essential when applying for the World Bank Scholarships in 2024.
For more information Visit the Official Website.