With funding from the Japanese government, in 1991 the IDB established a scholarship program for students from the Bank's borrowing member countries wishing to pursue master's degree-level studies in development-related disciplines. Scholarship recipients may attend accredited institutions in any of the IDB's member countries, including Japanese universities that offer graduate programs in English.
The Program requires that recipient students return to their countries of origin for at least two years after graduation, so they can apply their enhanced knowledge and skills toward helping accelerate the social and economic development of their countries. By mid-2006, the Program had awarded around 500 scholarships and has become an important source for human resource development in the region, particularly among the lowest income countries.

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