The Asian Development Bank (ADB) Scholarship Program for 2024, generously funded by the Japan Government, aims to support approximately 300 students hailing from Asia and Pacific countries in their pursuit of Master’s Degree programs. The scholarships are available at designated universities located across nine countries.
Eligibility Criteria
To be eligible for the ADB Scholarship, candidates must meet certain criteria. They should be below the age of 35, in good health, and possess a bachelor’s degree or its equivalent with a commendable academic record. Additionally, applicants must be nationals of ADB member countries and hold admission to an approved master’s course at a designated institution. It is essential to have at least two years of full-time professional experience and a commitment to return and work in their home country upon completion of the program.
Financial Coverage
The ADB Scholarship offers comprehensive financial coverage, including:
- Tuition Fees: The scholarship covers full tuition fees for the duration of the master’s program.
- Living and Housing Allowance: Recipients receive a monthly subsistence allowance to cover living expenses and housing costs.
- Book Allowance: An allowance for books and instructional materials is provided to support academic endeavors.
- Medical Insurance: Scholars are entitled to medical insurance coverage for the duration of their studies.
- Travel Expenses: The scholarship includes provisions for travel expenses, facilitating students’ mobility to and from their study destination.
Duration and Fields of Study
The duration of the scholarship varies depending on the master’s program, ranging from one to two years. A diverse range of fields of study are supported under the program, including:
- Science and Technology
- Economics
- Business and Management
- Development Studies
Application Process
Interested applicants can initiate the application process by requesting information and application forms from their chosen partner institution. Upon completion of the application and compilation of necessary documents, these are to be submitted to the respective institution for evaluation. Following this, the university shortlists candidates and forwards their applications to the ADB for further review and selection. Successful candidates are then notified accordingly.
Participating Countries
Nationals of various countries across Asia and the Pacific are eligible to apply for the ADB Scholarship, including but not limited to:
- Afghanistan
- Bangladesh
- India
- Pakistan
- Sri Lanka
The ADB Scholarship Program presents a remarkable opportunity for students from Asia and the Pacific to pursue their academic aspirations with financial support and access to prestigious universities. By investing in the education of talented individuals, the program aims to foster regional development and capacity-building initiatives. For further details and to commence the application process, interested candidates are encouraged to visit the ADB Scholarship website and adhere to the provided guidelines.
