February 14th, 2024 at 07:30 am

Study Abroad: World Bank Scholarships 2024–25

The World Bank’s Development Economics Vice Presidency (DEC) supports the organization’s objective of creating innovative, cutting-edge methods for knowledge exchange and capacity building in developing nations by awarding scholarships to scholars and students.

It plays a significant role in the World Bank’s initiatives to support shared prosperity and economic development in poor nations by funding human resource development, capacity building, and education.

Since 1982, the DEC’s scholarship programs have contributed to the formation of a pool of more than 6,000 skilled and knowledgeable scholars and development professionals, who have transformed their nations and had a beneficial influence on coming generations.

Active Programs

Through the JJ/WBGSP or Joint Japan/World Bank Graduate Scholarship Program, more than 6,000 mid-career professionals from 160 developing nations as well as Japan have been able to finish graduate degrees in development-related subjects since 1987. Each year, the Government of Japan provides all funding for the JJ/WBGSP.

Robert S. McNamara Fellowships Program (RSMFP): This program has supported young researchers in development-related fields on a broad range of themes since 1982. As it is, the program links up-and-coming young researchers with World Bank data resources, research, and technical know-how. Selected fellows work on DEC research projects, receive formal training, and take part in research important to policy while living and working as a cohort at the World Bank in Washington, D.C.

Joint Graduate Scholarship Program of the World Bank and Japan

Citizens of specific developing nations who have supported their governments’ development efforts in the past and have relevant professional expertise are eligible to apply to the JJ/WBGSP for master’s programs in development-related fields.

JJ/WBGSP provides scholarships for 53 participating master’s programs at 27 institutions in the United States, Europe, Africa, Oceania, and Japan in important development fields such as infrastructure management, tax policy, and economic policy management, subject to funding availability.

Please be aware that you will not be able to apply for a JJ/WBGSP scholarship in 2024 if you are not accepted into one of these 52 participating master’s programs.

Benefits of the Scholarships

The following advantages are given to the recipient of the JJ/WBGSP scholarship:

• Air travel in economy class during the start of your study program and right after the scholarship period ends, between your home country and the host university. Scholars will get two-way airfare as well as a US $600 travel stipend for each trip;
• The cost of your graduate program tuition and the basic health insurance you purchase from the university.
• a monthly subsistence grant to cover all living expenditures (housing, food, books, etc.) while on campus throughout the scholarship period. Depending on the host nation, the allowance’s amount varies.

Note that all JJ/WBGSP scholarships are good for two years, or the length of the graduate program, whichever is less.

Not included in the JJ/WBGSP scholarship are:

• Costs associated with applying for a visa
• fees associated with transporting and/or providing for a scholar’s family;
• extracurricular training or courses;
• courses that don’t count toward the graduate degree’s minimal credit requirements;
• training in languages not offered by the graduate program;
• extra travel that is required for the study program;
• expenditures for fieldwork, research, extracurricular activities, field trips, workshops, seminars, internships, or educational supplies like computers.
• Fee for a resident permit

Note: The JJ/WBGSP scholarship is intended to be a supplement to, not a replacement for, any other financial aid or fellowship that you may be eligible for. You must notify and provide documentation to the JJ/WBGSP Secretariat at the time of receiving notification that you are a semi-finalist or that you have been awarded a scholarship if you have additional sources of scholarship funding.

Who can apply?

The Application Guidelines for each call for applications contain information on the eligibility requirements, and these specific requirements are closely followed. There are no exclusions.

In general, citizens in developing countries are required to:

• Be a citizen of one of the developing countries on this list that is a member of the World Bank;
• Not hold dual citizenship with any developed country;
• Be in good health;
• Possess a bachelor’s degree (or its equivalent), obtained at least three years before the application deadline;
• Be working full-time, paid employment related to development at the time the scholarship application is submitted. hold a bachelor’s degree (or an equivalent university degree) and have worked in a paid development-related capacity for at least three years. The job must have been obtained within the last six years from the application deadline.

For information on how to apply for eligible part-time work toward this three-year requirement, please go to FAQs—Window 1. Kindly refer to Annex 2 of the Application Guidelines for a recommended list of subjects relating to development.

The only exception to this rule is for citizens of developing nations who reside in nations listed in Annex 3 of the Application Guidelines as Fragile and Conflict States. We do take into account the limited job opportunities in those nations in such circumstances.

Who Cannot Submit an Application?

Not work for the World Bank Group as an Executive Director, his or her alternate, or staff member, nor be a close family member of any of the aforementioned by blood or adoption, with “close relative” meaning mother, father, sister, half-sister, brother, half-brother, son, daughter, aunt, uncle, niece, or nephew.

Reapplication is not permitted for those who have previously been given a JJ/WBGSP scholarship but turned it down or who have previously been awarded a scholarship but did not complete their education.

Note that all eligibility requirements are properly followed. There are no exclusions. An open call for applications WILL NOT result in changes to the eligibility requirements. But between the conclusion of one application period and the start of the next, this information could alter.

Only individuals who have been shortlisted as eligible JJ/WBGSP applicants will receive the link to the application form from participating universities. To find out if they fit this criteria, prospective candidates are encouraged to get in contact with the university that offers the JJ/WBGSP participating master program that they are interested in.

Procedure for applications

To align with JJ/WBGSP Participating Programs’ academic calendar, the upcoming application procedure will be divided into two phases:

Window #1 for Applications

JJ/WBGSP Participating Programs accepting submissions under Window #1 from January 15 to February 29, 2024, at noon EST. The names of the chosen applicants will be disclosed by the end of March 2024.

Second Application Window

JJ/WBGSP Participating Programs are taking applications under Window #2 from March 25 to May 24, 2024 at noon EST. The names of the accepted applicants will be released by the end of June 2024.

WBGSP/JJ Programs Undertaking Participation in the Special Application Process

Scholars from developing nations pledge, upon graduation, to use their newfound knowledge and abilities to advance the social and economic advancement of their home countries

CLICK HERE TO VISIT THE OFFICIAL WEBSITE

HIGHLY RECOMMENDED