The World Bank is an international financial institution that provides loans, scholarships and grants to the individuals of low and middle income countries for the purpose of pursuing human development.
World Bank scholarships are offered to international students, by United Nations for study or research purposes. These are also called as financial aid and many times the financial aid office of the World Bank deals with it.
Since 1982, the DEC’s scholarship programs have 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.
1. JJWBGSP has enabled more than 6,000 mid-career professionals from 160 developing countries and Japan to complete graduate degrees in development-related fields. On an annual basis, the Government of Japan solely funds the JJWBGSP.
2. RSMFP has provided support to young researchers on a wide variety of topics in development-related fields. Currently, the program connects promising young researchers to World Bank research, data resources, and technical expertise. Selected fellows are hosted as a cohort at the World Bank in Washington D.C. and work on DEC research projects, receiving formal training and participating in policy relevant research.
3. LDCs are given preference in grants to travel to attend the Agricultural and Applied Economics Association (AAEA) Annual Meetings.
4. The University of California Berkeley Law School LDC Scholarship is available to eligible students admitted to its LL.M. professional track program
5. IPCC Scholarship Programme is available for young scientists from developing countries working on issues related to climate change. Students from LDCs and SIDS researching topics within the field of study indicated in the call for applications are given priority.
6. The Organization for Women for Science for Developing World (OWSD) has instituted a fellowship programme for female students from Sub-Saharan Africa and LDCs, who wish to pursue postgraduate training leading to a Ph.D. outside their home countries.
Japan Indonesia Presidential Scholarship Program (JIPS): This Program is no longer accepting applications. With a one-time $10 million grant from the Government of Japan, this scholarship supported three cohorts (2008–2010) of 43 Indonesian PhD students to study abroad under the sponsorship of one of the program’s ten partner Indonesian universities. This window is now closed to new applicants.
Currently, the program connects promising young researchers to World Bank research, data resources, and technical expertise. Selected fellows are hosted as a cohort at the World Bank in Washington D.C. and work on DEC research projects, receiving formal training and participating in policy relevant research.