The World Bank’s Development Economics Vice Presidency (DEC) provides scholarships to students and young researchers, contributing to its mission of forging new dynamic approaches to capacity development and knowledge sharing in the developing world. Established in 1982, the scholarship programme has helped to form a pool of over 6,000 well-trained and experienced development professionals and scholars, transforming their countries and positively impacting future generations.
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This scholarship provides tuition, a monthly living stipend, round-trip airfare, health insurance and travel allowance. Under the scholarship, the applicants can study at six global universities, including Columbia University, Johns Hopkins and the University of Hong Kong. After earning their degree, the scholars are required to return to their home country to use their new skills and contribute to their countries’ social and economic development.
Eligibility
To be eligible to apply for the scholarship, the applicants must:
Be a national of a World Bank member developing country on this list;
Not hold dual citizenship of any developed country;
Be in good health;
Hold a Bachelor’s (or equivalent) degree earned at least 3 years prior to the Application Deadline date;
Have 3 years or more of recent development-related work experience after earning a Bachelor’s (or equivalent) degree;
Be employed in development-related work in a paid full-time position at the time of submitting the scholarship application.
Have at least 3 years of paid development-related employment since earning a Bachelor’s degree (or equivalent university degree).
On or before the Scholarship Application Deadline date, be admitted unconditionally (except for funding) for the upcoming academic year to at least one of the participating Master’s programs.
The letter of admission must be uploaded before submitting your application
Funding Details
The scholarship provides the applicant with the following benefits:
Economy class air travel between the home country and the host university at the start of the study programme and immediately following the end of the scholarship period. In addition to the two-way air travel, scholars will receive a US $500 travel allowance for each trip;
Tuition for the graduate programme 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, food, etc., including books). The amount of the allowance varies according to the host country.
There are two application windows for the scholarship. The last date to apply in the first window is February 28, 2022, and for the second window, the last date is May 29, 2022.
For further information regarding the scholarship, click here.
