The World Bank Scholarship is a vital source of financial and technical assistance to developing countries around the world. Scroll down to read in details.
About World Bank Scholarship
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Established in 1944, the World Bank Group is headquartered in Washington, D.C. We have more than 10,000 employees in more than 120 offices worldwide.
The World Bank Scholarship Program contributes to the World Bank Group’s mission of forging new dynamic approaches to capacity development and knowledge sharing in the developing world.
It is an important component of the Bank Group’s efforts to promote economic development and shared prosperity through investing in education and developing human resources in the developing world.
Since 1982, the Program has helped to form a pool of over 6,000 well-trained and experienced development professionals, transforming their countries and positively impacting future generations.
Deadline for World Bank Scholarship 2022
The application form is not yet out. As of last year, the World Bank Scholarship Program offers two sources of funding for graduate studies in development-related fields for mid-career professionals and researchers:
The World Bank Graduate Scholarship Program since 1987 has enabled more than 6,000 mid-career professionals from developing countries and Japan to complete graduate degrees in development-related fields.
To be eligible to receive a World Bank Scholarship in 2022, developing country nationals will have to be admitted to a master’s degree program that is among this new set partner and preferred master’s degree programs.
World Bank Scholarship Innovative Knowledge Sharing
They offer support to developing countries through policy advice, research and analysis, and technical assistance. Their analytical work often underpinsWorld Bank financing and helps inform developing countries’ own investments.
In addition, they support capacity development in the countries we serve. We also sponsor, host, or participate in many conferences and forums on issues of development, often in collaboration with partners.
To ensure that countries can access the best global expertise and help generate cutting-edge knowledge, the Bank is constantly seeking to improve the way it shares its knowledge and engages with clients and the public at large.
What to do Before the Next call for World Bank Scholarship
Read information posted on their website at www.worldbank.org to review eligibility criteria carefully
1. Identify a university advisor abroad who will sponsor your fellowship-funded Ph.D. research. Please note, World Bank Scholarship does not provide guidance on choosing a host institution or research advisor.
2. Ensure both your Ph.D. advisor and your host university advisors are aware of and support your proposal for research that would be funded by a World Bank Scholarship
3. Begin gathering required documentation for the fellowship application, including (1) if you are employed, proof of current employment; (2) diploma of highest degree earned;
Also, (3) an official statement from your current university that you are either: (i) currently enrolled as a Ph.D. student.
Also, have completed all coursework and exam requirements for your doctoral program; or (ii) currently enrolled in a research-only Ph.D. program.
Eligibility for the 2022 World Bank Scholarship
Applicants Must:
1. Be a national of a World Bank member developing country
2. Not hold dual citizenship of a developed country
3. Be 35 years of age or younger on the Application Deadline date
4. Be enrolled in a Ph.D. program in a member developing country of the World Bank at the time of application
5. Reside in a member developing country of the World Bank since enrolled in the Ph.D. program;
6. Have completed all coursework and exam requirements for attaining a Ph.D. at the time of application;
7. Have a Ph.D. thesis centred on a field of development.
8. Not be a staff member (which includes a consultant) or a relative of a staff member of the World Bank Group.
How to Apply for World Bank 2022 Scholarship?
When the call for applications is open, the application guidelines, online application, and a final list of eligibility criteria will be available on www.worldbank.org
The World Bank 2022 Scholarship application must be completed online by the Application Deadline date and include:
1. The completed application form
2. An agreement to the terms and conditions for an RSMFP fellowship listed on the Application Form’s Signature Page;
3. A completed recommendation form submitted online by the host university research advisor
4. A completed recommendation form submitted online by the Ph.D. thesis supervisor.
5. All required documents must be uploaded online. Any documents an applicant provides by email, post or any means other than the online application form will not be reviewed.
World Bank Scholarship Financial Products and Services
World Bank Scholarship provides low-interest loans, zero to low-interest credits, and grants to developing countries.
These support a wide array of investments in such areas as education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management.
Some of their projects are co-financed with governments, other multilateral institutions, commercial banks, export credit agencies, and private sector investors.
They also provide or facilitate financing through trust fund partnerships with bilateral and multilateral donors. Many partners have asked the Bank to help manage initiatives that address needs across a wide range of sectors and developing regions.
World Bank 2022 Scholarship Benefits
The World Bank Scholarship provides the recipient with the following benefits:
Economy class free air travel between your home country and the host university at the start of your study program, and immediately before the end of the scholarship period.
In addition to the two-way air travel, scholars will receive a 500 dollars travel allowance for each trip;
Tuition for your graduate program and the cost of basic medical insurance obtained through the university.
While on campus during the scholarship period, a monthly subsistence allowance to cover all living expenses (accommodations, and food, including books) is given.
The amount of the allowance varies depending on the host country.
What is the Selection Process for the 2022 World Bank Scholarship?
The World Bank 2022 Scholarship uses the following process to review completed applications, with the aim to identify eligible candidates with the most innovative and relevant research proposals in the area of development.
Two qualified reviewers independently review each eligible application to assess the following:
➣ Quality of the proposed fellowship (70%)
➣ Prospects for a productive career in research on development post-PhD (30%)
Important! All eligibility criteria are strictly adhered to. No exceptions are made. Eligibility criteria will not change during an open call for applications.
However, this information is subject to change between the close of one application process and the opening of the next.
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