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Home » Global Scholarships by Region » Global / Multi-Regional » OPEC » √OPEC Fund for International Development (OFID) Scholarship Guide

√OPEC Fund for International Development (OFID) Scholarship Guide

Education is one of the most powerful tools for creating change. For many students in developing countries, studying abroad offers the chance to gain new knowledge, build global networks, and return home to make a real difference. However, the cost of international education can be overwhelming. That’s where the OPEC Fund for International Development (OFID) Scholarship comes in.

The OFID Scholarship is one of the most generous and globally recognized programs available for international students. It offers full financial support for postgraduate studies and helps young professionals contribute to sustainable development in their home countries. In this complete guide, you’ll learn everything about the OPEC Fund Scholarship, including eligibility, benefits, fields of study, and tips to make your application stand out.


What Is the OFID Scholarship?

The OPEC Fund for International Development (OFID) was established by member countries of the Organization of the Petroleum Exporting Countries (OPEC) in 1976. Its main mission is to strengthen cooperation with developing nations and promote social and economic progress.

The OFID Scholarship Program specifically aims to help talented students from developing countries pursue master’s degrees in development-related fields. This fully funded scholarship covers all expenses, allowing students to focus on their studies and research without financial stress.


Why Apply for the OFID Scholarship?

Applying for the OFID Scholarship is an excellent opportunity for students who want to pursue higher education abroad and contribute to global development. The program doesn’t just pay for your education—it also invests in your future.

Here are some reasons why the OFID Scholarship is highly valued:

  1. Fully Funded Coverage: It covers tuition fees, living costs, travel, and insurance.

  2. Global Study Opportunities: Scholars can study at top universities worldwide.

  3. Focus on Development: The program supports fields that contribute to sustainable progress and poverty reduction.

  4. Leadership Development: Scholars are encouraged to become agents of change in their home countries.

  5. Strong International Network: You’ll join a global community of professionals and alumni working in various sectors.

With such comprehensive support, the OFID Scholarship opens doors to both academic excellence and long-term professional success.


Fields of Study Covered by OFID

The OFID Scholarship prioritizes academic programs that align with its development mission. Therefore, eligible fields of study include:

  • Economics and Finance

  • Development Studies

  • Energy and Environmental Management

  • Public Policy and Governance

  • Agriculture and Food Security

  • Engineering and Infrastructure

  • International Relations and Law

  • Science and Technology

Each of these fields plays a critical role in improving the economic and social conditions of developing nations.


Scholarship Benefits

The OFID Scholarship is fully funded, meaning all essential costs are covered for the entire duration of the study. Below are the main benefits:

  • Tuition Fees: 100% of tuition costs paid directly to the university.

  • Living Allowance: A monthly stipend to cover accommodation, meals, and daily expenses.

  • Travel Support: Round-trip airfare between your home country and the study destination.

  • Health Insurance: Full coverage during your studies abroad.

  • Research and Books Allowance: Additional support for thesis or research-related materials.

These benefits make the program one of the most complete and competitive scholarships in the world.


Eligibility Requirements

Before applying, you should make sure you meet the eligibility criteria. The OFID Scholarship targets students who show both academic excellence and a genuine passion for development.

Here are the general requirements:

  1. Nationality: Applicants must come from a developing country (OPEC or non-OPEC).

  2. Education: Candidates must have completed a bachelor’s degree from an accredited institution.

  3. Academic Performance: A minimum GPA of 3.0 (or equivalent) is usually required.

  4. Age Limit: Applicants must be under 30 years old at the time of application.

  5. Language Proficiency: Applicants must demonstrate fluency in English, proven by TOEFL, IELTS, or equivalent certificates.

  6. Commitment: Candidates must show a clear intention to return home and contribute to national development after graduation.

Meeting all these requirements increases your chances of being shortlisted.


How to Apply for the OFID Scholarship

The application process is straightforward but requires careful preparation. Below is a step-by-step guide to help you through it.

Step 1: Research and Choose Your Program

Visit the official OPEC Fund website to review scholarship information and confirm eligibility. Then, select a development-focused master’s program that matches your career goals.

Step 2: Prepare Required Documents

Gather all essential documents before applying. Most programs require:

  • Completed application form

  • Curriculum Vitae (CV)

  • Motivation letter

  • University admission letter (if available)

  • Academic transcripts and certificates

  • Two recommendation letters

  • Proof of English proficiency

Step 3: Submit the Application Online

Once your documents are ready, submit your application through the OPEC Fund online portal. Always review your information before submitting to ensure accuracy.

Step 4: Wait for Evaluation

After submission, all applications go through a selection process. Shortlisted candidates may be contacted for interviews or additional documentation.

Step 5: Receive Confirmation

If selected, you will receive an official offer letter with details about your scholarship, university placement, and visa assistance.


Tips for a Strong OFID Scholarship Application

Competition for the OFID Scholarship is tough, but a well-prepared application can set you apart. Here are a few tips to help you succeed:

  1. Write a Powerful Motivation Letter: Clearly explain how your studies will benefit your community and align with OPEC’s goals.

  2. Highlight Achievements: Include academic honors, leadership roles, or volunteer experience.

  3. Show Commitment: Emphasize your desire to contribute to your country’s development after graduation.

  4. Stay Organized: Gather all required documents early and submit before the deadline.

  5. Be Honest: Authenticity always stands out to the selection committee.

By following these tips, you’ll present a strong and memorable application.


Life as an OFID Scholar

Being an OFID scholar is not only an academic journey—it’s also a cultural and professional adventure. Scholars study at prestigious universities in countries like the UK, Germany, Canada, the USA, and Australia.

During their studies, they engage in international seminars, research projects, and global discussions on sustainable development. Additionally, they get the chance to collaborate with students from different cultural and professional backgrounds, which enhances their global perspective.

The scholarship also provides opportunities for professional growth. Many scholars gain internships and research experience through partnerships between OPEC Fund and other international organizations.


After Graduation: Making an Impact

After completing their studies, OFID scholars are expected to return home and apply their knowledge to solve real-world problems. Many alumni have become leaders in government, international organizations, and non-profits.

Graduates often work in fields like energy, education, healthcare, and sustainable agriculture—helping create positive change in their communities. The OPEC Fund also maintains an active alumni network that connects professionals worldwide, fostering collaboration and continuous learning.


Conclusion

The OPEC Fund for International Development (OFID) Scholarship is more than just a financial aid program—it’s a life-changing opportunity for students who want to make a difference. By offering full funding and global exposure, the scholarship empowers young leaders to pursue higher education and contribute to sustainable development.

If you’re passionate about global change and want to study abroad without financial worries, this scholarship could be the perfect fit. Start preparing your documents early, focus on your motivation, and apply confidently. With the OFID Scholarship, your dreams of studying abroad and shaping a better world can truly become a reality.

  • Author: Rendy muhammad

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