The World Bank Scholarships Program is a program that provides financial assistance to students from developing countries who wish to pursue graduate-level studies in fields related to economic development. Moreover, the program is designed to provide students with the knowledge and skills they need to contribute to the economic development of their home countries.
Eligibility to apply for the world bank scholarships program
To be eligible to apply for the World Bank Scholarships Program, individuals must meet the following criteria:
- Citizenship: The applicant must be a citizen of a developing country that is qualified for World Bank financing.
- Education: The applicant must have completed an undergraduate degree and be applying to pursue a graduate-level degree (Master’s or Ph.D.) in a field related to economic development.
- Financial Need: The applicant must demonstrate financial need and the inability to finance their studies through other means.
- Academic Merit: The applicant must have a strong academic record and must have performed well in their undergraduate studies.
- Professional Background: The applicant should have relevant professional experience or be in a position to contribute to economic development in their home country.
- Language: The applicant should have a decent command of the language of the lessons of the proposed program.
- Age: The applicant should be no more than 35 years old at the time of application.
- Health: The applicant should be in good health, both physically and mentally, to be able to complete their studies.
The application process for the World Bank Scholarships Program typically involves the following steps:
- Find an eligible program: The first step is to find a graduate-level program in a field related to economic development that is eligible for World Bank scholarships. The World Bank has a list of eligible programs on its website, and it’s important to make sure the program you are interested in is on the list before applying.
- Prepare application materials: Before applying, you will need to gather all the necessary application materials, such as transcripts, test scores, and other academic documents. You will also have to write a personal statement, research proposal, and a letter of recommendation.
- Submit an online application: The World Bank Scholarships Program uses an online application process. You will need to create an account and submit your application, including all required materials, through the online portal.
- Selection: After the deadline, the selection committee will assess the applications and choose the most qualified candidates. The selection process is competitive, and the selection committee will consider factors such as academic merit, financial need, and potential for contributing to the economic development of the student’s home country.
- Interview: Selected candidates are invited for an interview where they will present their research proposal and answer questions about their background, qualifications, and motivation.
- Notification: The World Bank will notify the candidates of their selection status.
- Enroll: If the candidates are selected, they will be required to enroll in the program and provide proof of enrollment.
In addition, students must submit transcripts, test scores, and other academic documents as part of their application.
The World Bank Scholarships Program is highly competitive and selection is based on several factors. These include academic merit, financial need, and potential for contributing to the economic development of the student’s home country.
The World Bank uses a scorecard to evaluate the applications and the scorecard is based on the following:
-Academic merit (30%) -Potential for economic development impact (30%) -Financial need (20%) -Quality of research proposal (20%)
List of countries ELIGIBLE FOR WORLD BANK SCHOLARSHIPS
The World Bank classifies countries into two categories for the purpose of determining eligibility for its scholarships: low-income countries and lower-middle-income countries. The list of countries eligible for World Bank scholarships is based on this classification and is subject to change.
The list of low-income countries eligible for World Bank scholarships includes:
- Burkina Faso
- Central African Republic
- Democratic Republic of Congo
- Sao Tome and Principe
- Sierra Leone
- Solomon Islands
- South Sudan
The list of lower-middle-income countries eligible for World Bank scholarships includes:
- Cabo Verde
- Central Asia Regional (CAREC)
- Congo, Republic of
- Cote d’Ivoire
- Egypt, the Arab Republic of
- El Salvador
- Kyrgyz Republic
- Lao PDR
- Macedonia, FYR of
- Solomon Islands
- South Africa
- Sri Lanka
- Syrian Arab Republic
- West Bank and Gaza
- West Africa Regional (WART)
The World Bank Scholarships Program offers a variety of benefits to students. These include full tuition coverage, living expenses, health insurance, and round-trip airfare to and from the student’s home country. Additionally, students may also receive a research allowance and a book allowance.
The World Bank Scholarships Program has an active alumni network, which provides opportunities for networking and professional development. Also, this network allows alumni to stay connected with each other and with the World Bank and provides opportunities for alumni to contribute to the economic development of their home countries.
Last Date to Apply
- Application Window#1
From January 16 to February 28, 2023
- Application Widow #2
From March 27 to May 26, 2023
The World Bank Scholarships Program is a valuable opportunity for students from developing countries who are interested in pursuing graduate-level studies in fields related to economic development. The program provides financial assistance, as well as chances for networking and professional growth. So, if you are a student from a developing country who is interested in contributing to the economic development of your home country, consider applying for a World Bank Scholarship.