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 Provides full tuition, monthly living stipend, housing allowance, health insurance, relocation grant, and round-trip airfare. 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 approximately 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 500 words)
Rec Letters
Yes (Two academic or professional recommendation letters)
Interview
Yes (Shortlisted candidates undergo a virtual interview)
Application Fee
Free
Documents Required
Academic Transcripts
Passport / National ID
Yes (Two academic or professional recommendation letters) Recommendation Letters
CV / Resume
Personal Statement / Essays
Proficiency required (must meet host university requirements, e.g., IELTS 6.5+ or TOEFL 90+)
Interview: Yes (Shortlisted candidates undergo a virtual interview)
Min GPA: 3.0 on a 4.0 scale or equivalent (Upper Second Class Honors)
📋 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
—
🇯🇵 Keio University Scholarships for International Students (including 'Design the Future' Award)
Open to high-achieving students from developing countries who have secured admission to a Master's program in a development-related field.
This scholarship covers: 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.