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The Inter-American Development Bank, through the Integration and Trade Sector, with funding from the Government of Japan, has established a scholarship program for students from the Bank's borrowing member countries who wish to pursue Master's degree in development-related fields, such as Social Sciences, Business, Public Administration or other development-related technical disciplines (except law and medicine). Scholarship recipients may attend accredited Institutions offering Master's Programs, located in any of the member countries.
The scholarship provides benefits covering the following topics:
University Fees: The scholarship covers tuition, mandatory administrative and student fees charged by the University; the cost of medical and accident insurance obtained through the university for the student only.
There is no maximum or minimum amount for the university or tuition fees.
Subsistence: During the period of study, the student can be entitled to a subsistence allowance for himself/herself only for the period of study in the academic year. The estimate for the subsistence include the cost of housing, food, utilities, and other reasonable living expenses.
Installation Allowance: Paid at the beginning of studies (amount set by the IDB).
Book Allowance: Paid at the beginning of studies (amount set by the IDB).
Travel: The scholarship can also cover the cost of economy class air travel for the student only once for travel from the place of residence to the university and for one return trip following the end of the scholarship or any renewal thereof.
Note: The scholarship is effective as of the start of the academic year and does not cover any expenses during the summer. |