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Study Abroad: World Bank Graduate Scholarship 2024


April 1st, 2024 at 08:02 am

Study Abroad: World Bank Graduate Scholarship 2024

The Joint Japan World Bank Scholarship 2024–25 is a remarkable chance for enthusiastic students to complete a master’s degree program in a development-related field. The Joint Japan World Bank Scholarship Program 2024–25 aims to attract international students and facilitate education, economic development, human resources, and capacity building.

This scholarship program is completely supported and is designed for talented students who wish to enroll in a foreign university for advanced study.

Regarding the scholarship program

The World Bank Graduate Scholarships Program facilitates the connection between students from other countries and low-income nations, enabling them to pursue their educational aspirations. This program offers Master’s degree-level study opportunities in many partner nations, such as the US, Africa, Japan, Oceania, and Europe.

Through this fully-funded fellowship that the JJ/WBGSP offers, international students have the option of choosing from over 26 participating master’s programs.

The JJWBGSP fully-funded foreign scholarship program offers exceptional students the opportunity to advance their career development through a high-quality education, while simultaneously fostering the acquisition of professional skills during the program’s duration.

The scholarship program will offer young researchers a two-year opportunity to contribute to the World Bank’s mission. More than 6,000 mid-career professionals from poor nations have completed degree programs in development-related fields through this scholarship initiative.

Summary of the World Bank Graduate Scholarship for the 2024–25 academic year:

  • Host Countries: United States, Europe, and Japan
  • Financed by: World Bank
  • Academic Level: Master’s Degree
  • Financial Coverage: Completely financed
  • Eligibility: Students from all countries

Advantages of the World Bank Graduate Scholarship for the Academic Year 2024–25:

  • The tuition fee covers the entire cost of Air travel in economy class Comprehensive medical insurance
  • A Monthly Subsistence Allowance will be given to cover essential living costs, such as accommodations, food, and other necessities, including books.

Academic Disciplines and Higher Education Institutions:

For a list of universities and fields of study, please visit the following link:

CLICK HERE TO READ MORE

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You may also refer to the List of Eligible Countries by clicking on the following link:

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The eligibility criteria for the Joint Japan World Bank Scholarship Program for the 2024–25 academic year are as follows:

  • An individual applying for this position must hold citizenship in a developing country that is a member of the World Bank.
  • An applicant must not possess dual citizenship of any developed nation.
  • A candidate must possess a state of optimal physical well-being.
  • Applicants must possess a bachelor’s degree (or its equivalent) obtained at least 3 years before the application deadline date.
  • To be eligible, an applicant must possess a minimum of 3 years of recent work experience in development-related roles, following the completion of a Bachelor’s degree or its equivalent.

Process of selecting

  • The JJ/WBGSP employs a systematic approach to evaluate qualifying scholarship applications from individuals from developing countries. The objective is to find applicants who have the greatest potential to make a significant effect on the development of their respective nations after completing their graduate studies.
  • Each eligible application undergoes a rigorous evaluation process where two competent assessors independently review and provide a score to the application on a scale of 1 to 10. The assessment takes into consideration four primary factors and the level of coherence among them.
  • Weighted at 30%, the evaluation of professional experience focuses on the quality of the experience.
  • Assessment of Professional Recommendations (30% weight)
  • Weighted at 30%, the evaluation criterion for the quality of commitment to one’s home country is assessed.
  • Evaluation of Educational Background (10% weighting)
  • The JJ/WBGSP Secretariat uses the mean score of the two assessors and the subsequent criteria to determine the finalists:
  • Ensuring a sufficiently broad regional distribution of prizes
  • Ensuring a fair and equitable distribution of prizes among genders Taking into account exceptional circumstances or hardships while evaluating the employment experience and other parts of an application;
  • Providing scholarships to applicants who, all other factors being equal, have limited financial resources for pursuing graduate courses overseas.
  • The JJ/WBGSP Secretariat submits the list of finalists to the JJ/WBGSP Steering Committee, which consists of members from the World Bank Board of Directors and WB management, for their approval. Notification is sent to the winners shortly after receiving approval from the JJ/WBGSP Steering Committee.
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What are the procedures for applying to the World Bank Scholarship Program for the 2024-25 academic year?

The application process for the Joint Japan World Bank Scholarship Program (JJWBS) usually consists of the following steps:

  • Examine the requirements for eligibility: Ensure that you fulfill the prerequisites of the program, which usually encompass a bachelor’s degree, pertinent professional background, and proficiency in the English language.
  • Access the official website of WB: The application form is available on the JJWBS website. The system will prompt for personal details, academic history, and work experience.
  • Compile necessary documentation: This may encompass academic transcripts, evidence of professional expertise, and a statement outlining one’s objectives. The program’s website will indicate the necessary paperwork.
  • Application Submission: The applicant must submit the filled application form and necessary papers via the official website before the specified deadline.
  • Anticipate the verdict: The JJWBS selection committee will scrutinize the applications and inform the applicants of their determination.
  • It is crucial to consult the JJWBS website for the latest instructions and deadlines, as they are subject to change annually.
  • Furthermore, it is advisable to reach out to the JJWBS coordinators for any inquiries or apprehensions regarding the application procedure.

Closing date:

The application deadline for international students to apply for the Joint Japan/World Bank Graduate Scholarship Program (JJ/WBGSP) 2024, Window 2, is from March 25 to May 24, 2024.

CLICK HERE TO VISIT THE OFFICIAL WEBSITE

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