Approximately $50,000 - $100,000 total value (covers full cost of attendance)
Duration
1 year (Standard Master's program duration)
Deadline
April 14 (Annually - specific date may vary by a few days)
Level
Master's Degree
Acceptance
Less than 1%
Difficulty
Extremely High
Quick Summary
OPEC Fund for International Development (OPEC Fund) offers OPEC Fund Scholarship (Graduate Scholarship Award), a fully funded opportunity designed for international students heading to Multiple (Host country depends on student choice). The award covers Approximately $50,000 - $100,000 total value (covers full cost of attendance) and is open to master's degree students studying development-related fields (energy, water, sanitation, environment, education, science and technology, agriculture). The scholarship runs for 1 year (standard master's program duration). Eligibility is generally based on open to high-achieving students from developing countries who have secured admission to a Master's program in a development-related field. The application deadline is April 14 (Annually - specific date may vary by a few days), with an acceptance rate of less than 1%. Students can compare this opportunity against similar scholarships below to find the best fit for their profile.
✨ Should I Apply for OPEC Fund Scholarship (Graduate Scholarship Award)?
Instant AI-powered application intelligence
75%
Eligibility Match
4%
Win Probability
9/10
Difficulty
10/10
Reward Score
60-80 hrs
Time Required
Very Low (Under 0.5%)
Competition
🌍 Overview
💰
Award Amount
Approximately $50,000 - $100,000 total value (covers full cost of attendance)
⏳
Duration
1 year (Standard Master's program duration)
📅
Deadline
April 14 (Annually - specific date may vary by a few days)
OPEC Fund for International Development (OPEC Fund)
📊
Acceptance
Less than 1%
The OPEC Fund Graduate Scholarship Award supports outstanding young individuals from developing countries to pursue a Master’s degree in a development-related field at any recognized university globally, aiming to build human capital for sustainable development.
👥 Who Should Apply
Open to high-achieving students from developing countries who have secured admission to a Master's program in a development-related field.
🏛️ Host University
Any accredited university worldwide (subject to OPEC Fund approval)
Provides full tuition, monthly living stipend, housing allowance, health insurance, relocation grant, and round-trip airfare.
🎯 Target Students
International students from developing nations
🏷 Tags
Master'sFully FundedInternational DevelopmentEnergy ScarcitySustainable Development
📊 Statistics & Competitiveness
Over 5,000 applicants globally
Applicants Last Year
10 awardees
Winners
Less than 1%
Acceptance Rate
Very Low (Under 0.5%)
Competition Level
Win Probability
4%
Match Score
75%
Competition
50%
💸 Funding Breakdown
Tuition
Yes (Full tuition fees)
Living Stipend
Yes (Monthly allowance for food and personal expenses)
Total Award
Approximately $50,000 - $100,000 total value (covers full cost of attendance)
✈️ Travel: Yes (Includes round-trip airfare from home country to host university)🏠 Accommodation: Yes (Included as part of the monthly stipend/allowance)💊 Health Insurance: Yes (Comprehensive medical insurance coverage)🔄 Renewable: No💳 App Fee: Free
🎓 Tuition Coverage
Yes (Full tuition fees)
🏠 Living Stipend
Yes (Monthly allowance for food and personal expenses)
🏡 Accommodation
Yes (Included as part of the monthly stipend/allowance)
✈️ Travel Allowance
Yes (Includes round-trip airfare from home country to host university)
💊 Health Insurance
Yes (Comprehensive medical insurance coverage)
🎁 Other Benefits
Relocation grant, book allowance, and potential networking with OPEC Fund professionals
🔄 Renewable
No
📋 Renewal Conditions
Not applicable (award is for a single Master's program duration)
✅ Eligibility Requirements
🌍 Eligible Nationalities
Must be 23-32 years old, citizen of a developing country (non-OECD), and hold a Bachelor's degree
🎓 Academic Level
Master's Degree
📊 Minimum GPA
3.0 on a 4.0 scale or equivalent (Upper Second Class Honors)
🗣️ English Requirement
Proficiency required (must meet host university requirements, e.g., IELTS 6.5+ or TOEFL 90+)
🍢 Age Limit
23 to 32 years old
💼 Work Experience
Preferred (Relevant professional or volunteer experience in development is an asset)
🏆 Leadership
High (Evidence of leadership potential and community service is required)
💰 Financial Need
Yes (Applicants must demonstrate why they require financial assistance)
🎯 Target Students
International students from developing nations
📝 Application Requirements
Essay / SOP
Yes (Statement of purpose of approximately…
Rec Letters
Yes (Two academic or professional…
Interview
Yes (Shortlisted candidates undergo a…
Application Fee
Free
Documents Required
Academic Transcripts
Passport / National ID
Recommendation Letters
CV / Resume
Personal Statement / Essays
English Proficiency Proof
Interview
Minimum GPA Requirement
📋 Application Process
Focus your essay on how your specific degree will help solve a development challenge (like energy poverty) in your home country.
💡 Insider Tip: Ensure you have a confirmed admission letter from your host university before applying; the scholarship is for those already accepted into a program.
🗾️ Application Roadmap
1
Research eligibility and gather requirements
Start Early
2
Collect all required documents
Start Early
3
Request recommendation letters early
4
Write compelling essays and personal statement
⚠ High Risk Stage
5
Submit complete application before deadline
6
Await shortlisting and attend interview if required
⚠ High Risk Stage
📅 Key Dates & Timeline
📅 Opens
February 1 (Annually)
⏰ Deadline
April 14 (Annually - specific date may vary by a few days)
🎤 Interview
Yes (Shortlisted candidates undergo a virtual interview)
🎓 Study Starts
August/September
February 1 (Annually)
Applications Open
Gather documents and begin essays
April 14 (Annually - specific date may vary by a few days)
Application Deadline
Submit complete application - no late entries
Yes (Shortlisted candidates undergo a virtual interview)
Shortlisting and Interview
Selected candidates invited for interview
After results
Award Announced
Successful applicants notified
August/September
Studies Begin
Commence degree at host institution
⚖️ Selection Process
📋 Selection Criteria
Academic excellence, leadership potential, quality of the essay, and relevance of the field of study to development goals.
⚡ Similar Scholarships
Scholarship
Country
Coverage
Level
OPEC Fund Scholarship (Graduate Scholarship Award)Current
Multiple (Host country depends on student choice)
Full Funding
Master's Degree
—
🌍 L'Oréal-UNESCO For Women in Science Regional Fellowship
Multi-regional (Sub-Saharan Africa, Arab States, Asia-Pacific, Latin America, Levant, Maghreb)
Open to high-achieving students from developing countries who have secured admission to a Master's program in a development-related field.
Provides full tuition, monthly living stipend, housing allowance, health insurance, relocation grant, and round-trip airfare. It is a fully funded scholarship.
The deadline is April 14 (Annually - specific date may vary by a few days). Always verify with the official website as dates may change annually.
Competition level: Very Low (Under 0.5%). Acceptance rate: Less than 1%. Strong academic record and clear motivation are essential.
No
Typically required: academic transcripts, passport, Proficiency required (must meet host university requirements, e.g., IELTS 6.5+ or TOEFL 90+), Yes (Two academic or professional recommendation letters) recommendation letters, CV, personal statement/motivation letter. Check official website for the complete list.