In 1987, the World Bank, with funding from the Government of Japan, established the World Bank Graduate Scholarship Program for graduate studies in subjects related to economic development. Each year, the Program awards scholarships to individuals from World Bank member countries to undertake graduate studies at renowned universities throughout member countries of the Bank.

The Joint Japan/WBGSP scholarship provides annual awards to cover the cost of completing a master’s degree or its equivalent.

Value – $ 32,000 per annum.

Grant award period : 1 year

If the academic program is longer than one year, it may be renewed for a second consecutive year or a portion thereof.

Eligibility

• You must be between the ages of 25 and 45.
• Have at least 2, preferably 4 to 5, years of recent full-time professional work experience
• Have a university degree
• Have good health & good character

The scholarship provides benefits for the recipient only, covering:

• Economy class air travel between the home country and the host university at the start of the study program and one return journey following the end of the overall scholarship period
• In addition to the ticket, scholars receive a US $500 travel allowance for each trip
• Tuition and the cost of basic medical and accident insurance usually obtained through the university
• A monthly subsistence allowance to cover living expenses, including books.

Deadline: March 31 every year.

For more scholarship information and application, see: Joint Japan World Bank Graduate Scholarship Programme Website