OFID Scholarship Award 2027 – Africa, Asia, Latin America

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About the OFID Scholarship Award 2027

The OFID Scholarship Award 2027 is a fully funded scholarship offered by OFID - OPEC Fund for International Development for study in Multiple — any accredited university worldwide; scholar chooses host institution. The scholarship supports students pursuing Bachelor's (completed or near completion) studies in Development-related ONLY: economics of development (poverty reduction, energy, sustainable development), environment (desertification), science and technology fields related to development. Recipients receive Up to USD $50,000 total (VERIFIED); covers tuition, monthly allowance, flights, health insurance, relocation grant — for 1 year maximum for a duration of Masters only — maximum 1 year funded.

This opportunity is open to applicants from Citizens of developing countries — EXCEPT nationals of OFID Member Countries: Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, UAE, Venezuela. NOTE: Nigerian nationals are NOT eligible. Applicants must hold Bachelor's (completed or near completion) and meet the academic standing: Minimum GPA 3.0/4.0 (or equivalent); strong academic record required. Approximately Only 4 scholarships awarded per year (VERIFIED — very limited) are awarded through a competitive selection process each cycle.

If you meet the eligibility requirements and align with the OFID Scholarship Award 2027 selection criteria, this represents a life-changing opportunity to study with full financial support. Read the sections below carefully to understand the benefits, eligibility, application process, and deadline before applying.

Scholarship Benefits & What's Covered

Selected recipients of the OFID Scholarship Award 2027 receive a comprehensive funding package. Here's what the scholarship covers:

  • Living allowance: Up to USD $50,000 total (VERIFIED); covers tuition, monthly allowance, flights, health insurance, relocation grant — for 1 year maximum
  • Tuition fees: Yes — full tuition
  • Accommodation: Yes (via monthly allowance)
  • Airfare / travel: Yes — one round-trip flight (VERIFIED)
  • Health insurance: Yes (VERIFIED)
  • Family / dependants: No
  • Program duration: Masters only — maximum 1 year funded
  • Number of awards per year: Only 4 scholarships awarded per year (VERIFIED — very limited)

The scholarship is classified as Fully Funded. This means recipients receive complete financial coverage throughout their study period, allowing them to focus entirely on their academic and research goals without financial burden.

Eligibility Requirements

To be considered for the OFID Scholarship Award 2027, applicants must meet the following requirements. Applications from ineligible candidates are automatically rejected, so review these carefully before applying.

Academic requirements

  • Minimum degree level: Bachelor's (completed or near completion)
  • Academic standing: Minimum GPA 3.0/4.0 (or equivalent); strong academic record required
  • Academic background: Must already have an unconditional offer from a recognized university; must be matriculated full-time for upcoming academic year
  • Fields of study: Development-related ONLY: economics of development (poverty reduction, energy, sustainable development), environment (desertification), science and technology fields related to development

Nationality & residency

  • Eligible countries: Citizens of developing countries — EXCEPT nationals of OFID Member Countries: Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, UAE, Venezuela. NOTE: Nigerian nationals are NOT eligible
  • Residency: Must be a citizen of an eligible developing country

Language requirements

  • Language of instruction: English (primary); French or Spanish accepted for non-English programs
  • Language test: Yes — typically required by host university
  • Minimum score: Varies by host university

Other requirements

  • Age: Must be between 23–32 years at time of application (VERIFIED)
  • Gender: Open to all genders

How to Apply for the OFID Scholarship Award 2027

Applications for the OFID Scholarship Award 2027 are submitted through the official channels of OFID - OPEC Fund for International Development. Follow these steps to submit a strong application:

Step 1: Verify eligibility. Confirm you meet every requirement listed above, particularly nationality, academic level, and language proficiency. Applications from ineligible candidates are automatically rejected without review.

Step 2: Prepare required documents. You will need to submit: Completed online application form; unconditional university admission letter; academic transcripts; proof of citizenship; CV; personal statement; 2 reference letters; proof of financial need. Prepare each document carefully — reviewers typically shortlist based on document quality and completeness.

Step 3: Secure reference letters. Yes — 2 references required. Contact your referees early — quality references take time to prepare.

Step 4: Submit the application. Complete the application on the official portal before the deadline. The application deadline for this scholarship is 04/05/2027. Late or incomplete applications are not considered.

Step 5: Await response. Shortlisting typically takes 4–8 weeks after the deadline. Successful candidates are invited to interview or additional assessment. Final decisions are announced 3–6 months after the application deadline.

Visit the Official Application Portal →

Application Deadline

The application deadline for the OFID Scholarship Award 2027 is 04/05/2027. Applications opened on January–February 2027 (approx.).

We strongly recommend starting your application at least 6–8 weeks before the deadline to allow sufficient time for document preparation, reference letter requests, and revisions to your personal statement. Rushed applications are visibly weaker and reduce your chance of shortlisting.

Frequently Asked Questions

Is the OFID Scholarship Award 2027 fully funded?

The scholarship is classified as Fully Funded. This means it covers all or most major costs — see the Benefits section above for a full breakdown.

Who can apply for the OFID Scholarship Award 2027?

Applicants must be from Citizens of developing countries — EXCEPT nationals of OFID Member Countries: Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, UAE, Venezuela. NOTE: Nigerian nationals are NOT eligible. Additionally, applicants must hold Bachelor's (completed or near completion). Full eligibility criteria including language, age, and academic requirements are detailed in the Eligibility section above.

What is the application deadline?

The application deadline for the OFID Scholarship Award 2027 is 04/05/2027. Late applications are not accepted, so aim to submit at least 2 weeks in advance.

Is there a bond or return obligation?

Must return to home country upon completion of studies.

Where do I apply?

Apply directly on the official portal: Official Application Link. We link directly to the awarding body — ScholarshipSpace does not process applications on their behalf.

Core Identity

1Scholarship NameOFID Scholarship Award
2Awarding BodyOFID - OPEC Fund for International Development
3Category TagsFully Funded; Masters; Development; Africa; Asia; Latin America
4Year / Intake2027

Location & Eligibility

5Host CountryMultiple — any accredited university worldwide; scholar chooses host institution
6Eligible CountriesCitizens of developing countries — EXCEPT nationals of OFID Member Countries: Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, UAE, Venezuela. NOTE: Nigerian nationals are NOT eligible
7Residency RequirementMust be a citizen of an eligible developing country
8Age RequirementMust be between 23–32 years at time of application (VERIFIED)
9Gender RestrictionOpen to all genders

Academic Requirements

10Minimum Degree LevelBachelor's (completed or near completion)
11GPA / Grade RequirementMinimum GPA 3.0/4.0 (or equivalent); strong academic record required
12Fields of StudyDevelopment-related ONLY: economics of development (poverty reduction, energy, sustainable development), environment (desertification), science and technology fields related to development
13Academic BackgroundMust already have an unconditional offer from a recognized university; must be matriculated full-time for upcoming academic year

Language Requirements

14Language of InstructionEnglish (primary); French or Spanish accepted for non-English programs
15Language Test RequiredYes — typically required by host university
16IELTS Required?Yes (required by most host universities)
17Min. Language ScoreVaries by host university

Funding & Benefits

18Funding TypeFully Funded
19Annual StipendUp to USD $50,000 total (VERIFIED); covers tuition, monthly allowance, flights, health insurance, relocation grant — for 1 year maximum
20Tuition Covered?Yes — full tuition
21Accommodation Covered?Yes (via monthly allowance)
22Airfare Covered?Yes — one round-trip flight (VERIFIED)
23Health Insurance?Yes (VERIFIED)
24Covers Dependents?No
25DurationMasters only — maximum 1 year funded
26No. of Awards / YearOnly 4 scholarships awarded per year (VERIFIED — very limited)

Dates & Application

27Application Deadline04/05/2027
28Application Opening DateJanuary–February 2027 (approx.)
29Application LinkApply Now
30Official WebsiteVisit Website
31Bond / Return ObligationMust return to home country upon completion of studies

Required Documents

32Required DocumentsCompleted online application form; unconditional university admission letter; academic transcripts; proof of citizenship; CV; personal statement; 2 reference letters; proof of financial need
33Reference Letters Required?Yes — 2 references required
Last verified: 02/06/2026 · Source: Official Source