January 20th, 2024 at 07:41 am

Study In Abroad: Aga Khan Foundation International Scholarships 2024

His Highness The Aga Khan founded the International Scholarship Programme (ISP) of the Aga Khan Foundation. It is intended to assist highly gifted students from underdeveloped nations who are unable to pay for full-time postgraduate courses at esteemed universities.

The Foundation provides a small number of postgraduate scholarships each year with the primary goal of developing competent academics and leaders for employment within the AKDN (Aga Khan Development Network). Scholarships are offered through a competitive application procedure that takes place once a year in June or July, with the grants being made up of 50% loans and 50% grants.

Master’s level courses are given precedence; however, outstanding applicants who are strongly advised by their instructors and who need a Ph.D. to pursue their goals of working in academia or research-focused fields may also be taken into consideration.

Notably, neither applications from students currently enrolled in their course of study nor those for short-term courses will be accepted.

Level of degree:

Master’s and PhD studies can be pursued at Aga Khan Foundation International Scholarships 2024 (Step-by-Step Application Process).

Subjects Available:

Study options for all subjects are offered under this scholarship program.

Benefits of the Scholarship:

The following are the advantages of the Aga Khan Foundation International Scholarships:

• Assistance with living costs and tuition only.
• Funding for Ph.D. programs is restricted to the first two years of study; after that, students must find alternative sources of financial assistance.
• Financial aid is customized to each student’s specific requirements.
• To reduce their dependency on the Foundation’s support, applicants are urged to look for supplementary funding from other sources.
• Applicants who have obtained some money from other sources are given preference.

About the terms of the loan:

• A loan equal to 50% of the scholarship amount is due with an annual service charge of 5%.
• A guarantor is required for a co-signed loan arrangement.
• The five-year repayment period begins six months following the Aga Khan Foundation-funded study time.

Nationalities That Qualify:

obtainable in Afghanistan, Bangladesh, Kenya, the Kyrgyz Republic, Canada*, Egypt, France*, India, Madagascar, Mozambique, Pakistan, Portugal*, Syria, Tajikistan, Tanzania, Uganda, and the USA*. [*Note: Individuals from certain developing countries who are interested in studies connected to development and do not have access to alternative financing sources are welcome to apply to Canada, France, Portugal, and the USA.]

Those who meet the eligibility requirements must be citizens of these nations and submit their applications through the local Aga Khan Education Board, Aga Khan Education Services, or Aga Khan Foundation offices.

Qualifications:

• The International Scholarship Program (ISP) of the Aga Khan Foundation invites competitive applications each year.
• Priority is granted to applicants who looked into other funding options before contacting the ISP for support.
• Candidates under 30 years old are given preference; short-term courses, students enrolled in postgraduate programs, or students in part-time programs will not be taken into consideration.

How to Apply:

The guidelines for applying to the Aga Khan Foundation International Scholarships are as follows:

• Get accepted to the university of your choice to study.
• Obtain the application form from Aga Khan Education Services/Boards or AKF headquarters in your present home nation.
• Finish the application and send it back to the source; do not send applications to Geneva.
• For additional details and information, go to the official website. The cycle for 2024–2025 is presently open.

CLICK HERE TO VISIT THE OFFICIAL WEBSITE

Concerning the Aga Khan Development Network

Regardless of background, gender, or religion, the Aga Khan Development Network (AKDN) is committed to enhancing the lives of individuals in need, primarily in Asia and Africa. Our comprehensive approach to development is to assist individuals and communities in achieving self-sufficiency.

The Aga Khan Development Network (AKDN) operates in more than 30 nations worldwide. At the moment, we run more than 1,000 programs and institutions, many of which go back more than 60 or even 100 years. View the honors our work has received.

Approximately 96,000 people work with us; most of them are from underdeveloped nations. We allot about $1 billion a year to non-profit development initiatives. The Aga Khan Fund for Economic Development, our economic development arm, brings in $4 billion a year, but all of the project firms’ profits are reinvested in more development initiatives, typically in remote, vulnerable, or post-conflict areas.

WHAT WE DO

Income is not the only factor in determining living standards. While a family may require emergency housing or medical care, long-term well-being is largely dependent on education, loans, physical market access, work, and a comfortable home.

As a result, AKDN approaches attaining sustainable changes comprehensively. We work to address pressing issues like food distribution and disaster relief while pursuing long-term development goals like constructing universities and green infrastructure.

We take care of the more concrete needs, like building bridges and restrooms, as well as the intangible ones, like financing research, setting up savings groups, and sponsoring live performances.

DEVELOPING HUMAN CAPACITY

To support people in thriving, we provide healthcare, education, and parental support.

BUILDING RESILIENT COMMUNITIES

We assist communities in improving their environments and mitigating and overcoming natural calamities.

GENERATING ECONOMIC GROWTH

To promote equitable economic growth, we provide financial services, construct infrastructure, and impart knowledge.

Honoring CULTURAL HERITAGE

To empower communities to confidently look to the future while building on their past, we invest in the arts, architecture, and cultural heritage.

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