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Saturday, March 26, 2011

The Aga Khan Foundation Scholarship

The Foundation assists students with tuition fees and living expenses only. The price of travel isn’t included in AKF scholarships

The Aga Khan Foundation supplies a limited number of scholarships every year for postgraduate studies to outstanding students from developing countries who’ve no other means of financing their studies. Scholarships are awarded on a 50% grant : 50% loan basis by way of a competitive application procedure once a year in June or July. The Foundation gives priority to requests for Master’s level courses but is also willing to take into consideration applications for PhD programmes, when doctoral degrees are needed for the career objectives of the student. Requests will also be considered for travel and study awards for PhD students performing their study in Third World countries on topics judged to be of interest to the Aga Khan Development Network. Applications for short-term courses aren’t considered; neither are applications from students who’ve already began their course of study.

Geographic Scope

The Foundation accepts applications from countries where it has branches, affiliates or other AKDN agencies which can support with processing applications and interviewing applicants. At present, these are Bangladesh, India, Pakistan, Afghanistan, Tajikistan, Syria, Egypt, Kenya, Tanzania, Uganda, Mozambique, Madagascar, France, Portugal, UK, USA and Canada.

Selection Criteria
The major criteria for choosing award winners are:
1.outstanding academic records,
2.genuine monetary will 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, possible to acquire their objectives and likelihood to succeed in a foreign academic environment. Applicants are expected to have some years of work encounter in their field of interest.

Loan Conditions

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

Application Procedures
The application procedures of AKF’s International Scholarship Programme are decentralised. Students could acquire application forms as of January 1st every year from AKF offices or Aga Khan Education Services / Boards in their countries of present residence. Completed applications will need to be returned to the agency from which the form was obtained, or to the address indicated on the front of the form. They will need to not be sent to Geneva.

Scholarship Application Deadline: March 31st, 2011

Study Subject: Any Subject
Employer: The Aga Khan Foundation
Level: Postgraduate
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