International
Scholarship Programme
The
Aga Khan Foundation provides a limited number
of scholarships each year for postgraduate studies
to outstanding students from developing countries
who have no other means of financing their studies.
Scholarships are awarded on a 50% grant : 50%
loan basis through a competitive application process
once a year in June or July. The Foundation gives
priority to requests for Master's level courses
but is also willing to consider applications for
PhD programmes, when doctoral degrees are necessary
for the career objectives of the student. Requests
will also be considered for travel and study awards
for PhD students doing their research in Third
World countries on topics judged to be of interest
to the Aga Khan Development Network. Applications
for short-term courses are not considered; neither
are applications from students who have already
started their course of study.
Geographic
Scope.
The Foundation accepts applications from countries
where it has branches, affiliates or other AKDN
agencies which can help with processing applications
and interviewing applicants. At present, these
are Bangladesh, India, Pakistan, Afghanistan,
Tajikistan, Syria, Kenya, Tanzania, Uganda, Mozambique,
Madagascar, France, Portugal, UK, USA and Canada.
Selection
Criteria.
The main criteria for selecting award winners
are: l) excellent academic records, 2) genuine
financial 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, potential to achieve their goals
and likelihood to succeed in a foreign academic
environment. Applicants are expected to have some
years of work experience in their field of interest.
Age Limit.
Preference is given to students under 30 years
of age.
Financial
Assistance.
The
Foundation assists students with tuition fees
and living expenses only. The cost of travel is
not included in AKF scholarships. Applicants are
requested to make every effort to obtain funding
from other sources as well, so that the amount
requested from the Foundation can be reduced to
a minimum. Preference is given to those who have
been able to secure some funding from alternative
sources.
Loan
Conditions.
Half of the scholarship amount is considered as
a loan, which must be reimbursed with an annual
service charge of 5%. A guarantor is required
to co-sign the loan agreement. The payback period
is five years, starting 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
may obtain application forms as of January 1st
each year from AKF offices or Aga Khan Education
Services / Boards in their countries of current
residence. Completed applications should be returned
to the agency from which the form was obtained,
or to the address indicated on the front of the
form. They should not be sent to Geneva. The deadline
for submission of applications is March 31, although
in certain countries internal deadlines may be
earlier.
Applicants
should be prepared to be interviewed by local
Scholarship Committees about their financial situation,
their academic performance, extra-curricular achievements
and career plans. Interview reports are sent with
the applications to Geneva for the final selection.
The
annual Scholarship Selection Meeting takes place
in late June or early July and the Aga Khan Foundation
notifies all students of the outcome of their
application shortly thereafter.