Unlocking Opportunities: A Guide to the Aga Khan Foundation’s International Scholarship Programme
The Aga Khan Foundation’s International Scholarship Programme (AKF ISP) is a prestigious opportunity designed to support outstanding students from select countries who lack the financial means to pursue postgraduate education. Established in 1969 by His Highness the Aga Khan, this program has positively impacted over 1,000 students, enabling them to further their education and contribute to their communities.
Overview of the Aga Khan Foundation’s International Scholarship Programme
The AKF ISP aims to empower young professionals by providing financial assistance for their studies. The program is particularly focused on students pursuing Master’s degrees, although it also considers applications for PhD studies. Below is a detailed overview of the program’s features, eligibility criteria, and application process.
Key Features of AKF ISP
| Feature | Details |
|---|---|
| Established | 1969 |
| Target Audience | Outstanding students from Afghanistan, Bangladesh, Egypt, India, Kenya, Kyrgyz Republic, Madagascar, Mozambique, Pakistan, Syria, Tajikistan, Tanzania, and Uganda. Students from these countries studying in Canada, France, Portugal, and the USA are also eligible. |
| Funding Structure | Half grant and half loan; recipients must repay 50% of the award amount. |
| Coverage | Tuition fees and living expenses; does not cover international travel or family living expenses. |
| Age Preference | Preference is given to young professionals under 30 years of age. |
| Application Process | Applications are handled by local units of the Aga Khan Foundation or its affiliated organizations. |
| Repayment Terms | Five-year repayment period starting six months after graduation or termination of studies; a cumulative service charge of 5% per annum applies. |
Eligibility Criteria
To qualify for an AKF ISP award, applicants must meet the following requirements:
- Must be from one of the eligible countries listed above.
- Must demonstrate financial need.
- Preference is given to those under 30 years of age.
- Must be pursuing a Master’s degree or a PhD (for the first two years only).
- Applications for part-time programs or short-term courses are not accepted.
Application Process
The application process for the AKF ISP is competitive and occurs annually. The next application cycle will open in early January 2025 for the academic year 2025-2026. Interested candidates should prepare their applications ahead of time to ensure they meet all requirements.
Important Notes
- Applicants are encouraged to seek additional funding sources to minimize their reliance on the AKF ISP.
- Maintaining good academic standing is essential for retaining the scholarship throughout the duration of studies.
Conclusion
The Aga Khan Foundation’s International Scholarship Programme plays a vital role in fostering educational opportunities for deserving students across various countries. By providing financial support and promoting academic excellence, it empowers individuals to make meaningful contributions to their societies.For more information on the application process and updates regarding future cycles, please refer to the following useful links:
