Aga Khan Foundation Scholarships: Eligibility and Process

Aga Khan Foundation Scholarships
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Established in 1969 by His Highness, Aga Khan, the Aga Khan Foundation Scholarship program provides outstanding students with the required financial assistance. Students from selected countries can pursue postgraduate studies in the USA, Canada, France, and Portugal. It is important to fulfil the eligibility criteria and apply before the deadline. To know more about the Aga Khan Foundation Scholarship, read this blog further.

Overview of Aga Khan Foundation Scholarships

The Aga Khan Foundation Scholarship program for international students awards on a 50% grants and 50% loan basis. This means that half of the scholarship amount is a grant and is not to be repaid, while the other part is a loan that must be paid back with a service charge of 5% p.a. It is offered to students who have no other means of financing their studies.

The application process starts in early January every year. You must apply online and eligible students are selected through a global and annual process. A limited number of seats are awarded each year and the process is very competitive. Thus, it is important to know how to prepare for international scholarships for international students.

Overview of Aga Khan Foundation Scholarships
Type of Funding50% grant and 50% loan
Repayment Tenure & Terms5 years, starting six months after the first of the following events: 
(a) graduation, or
(b) termination of studies, or 
(c) the withdrawal of support following failure to meet the academic standards expected of ISP students.
Eligibility CriteriaMust have a good academic record and prove the ongoing financial need, during the postgraduate programme
Funding Duration– The entire duration of the Postgraduate studies- First two years of PhD courses

Also Read: Check out the top 10 fully-funded scholarships to study in Canada.

Important Scholarship Conditions

  • The Aga Khan Foundation scholarships are available in selected countries. These include Afghanistan, Bangladesh, Egypt, India, Kenya, Kyrgyz Republic, Madagascar, Mozambique, Pakistan, Syria, Tajikistan, Tanzania, and Uganda at present.
  • The amount is offered under the Aga Khan Foundation scholarships to study in the US, Canada, France, and Portugal. Students who wish to study in the United Kingdom cannot avail of this scholarship.
  • The foundation primarily supports Master’s level courses but will also consider applications for PhD programs. Short-term courses are not eligible.
  • The scholarship covers tuition fees and living expenses but does not include travel costs or other personal expenses.

Aga Khan Foundation Scholarships Eligibility Criteria

One of the important eligibility criteria to apply for the Aga Khan Foundation Scholarship is that the students must belong to the list of eligible countries. Besides, the preference is given to young professionals under 30 years of age who demonstrate genuine financial need. Check out who is eligible for Aga Khan Foundation Scholarships programs-

  • You must have an excellent academic record.
  • It is important to have a bachelor’s degree or equivalent training/ professional experience.
  • You must be admitted to a reputable postgraduate university/ institution.
  • You must be in the first year of the program.
  • You must have strong leadership skills, professional experience, extracurricular and/or entrepreneurial achievements, and volunteer contributions.

Also Read: Did you that scholarships for left-handed also exist? Check out the best scholarships for left-handed people.

Application Process for Aga Khan Foundation Scholarships

To apply for Aga Khan Foundation Scholarships, you must contact the local units of the Aga Khan Foundation (AKF), Aga Khan Education Services (AKES), or Aga Khan Education Board (AKEB) offices. They help with the latest application forms, deadlines, and requirements.

  • The application cycle for the year 2024-2025 is currently closed. The next cycle is expected to start in early January 2025.
  • For the 2024-2025 cycle, the deadline for applications is March 31, 2024. However, internal deadlines may vary by country, so applicants should check with their local Aga Khan Foundation office.
  • Applicants must demonstrate excellent academic records, financial need, and strong leadership potential. A thoughtful funding plan is also required.
  • The selection is competitive, and candidates may be invited for an interview as part of the assessment process.

Aga Khan Foundation Scholarship India

The Aga Khan Foundation scholarships are offered to Indian students as part of its International Scholarship Programme. You can collect the application form from the Aga Khan Foundation office or the Aga Khan Education Service/Board in India. Make sure to apply via guarantor to co-sign the loan agreement. You can apply for scholarships from any of the two offices in Delhi and Mumbai.

Aga Khan Foundation (AKF)Delhi Office AddressAga Khan Education Service (AKES) Mumbai Office Address
Sarojini House, 6 2nd Floor, Bhagwan Das Rd, Bhagwan Das Lane, Mandi House, New Delhi, Delhi 110001Diamond Complex, 39/43, Nesbit Rd, Mazgaon, Mumbai, Maharashtra 400010

This was all about the Aga Khan Foundation scholarships for international students who demonstrate financial need. Unlike other scholarships, it is considered a resource of last resort to reduce academic expenses. Make sure to go through the important conditions before filling out the application form.

To know more about education loans, the best bank accounts for students, forex and banking experience for global students or international money transfers, reach out to our experts at 1800572126 to help ease your study abroad experience.

FAQs

Who is eligible for the Aga Khan Foundation Scholarship?

Applicants must have a good academic record and prove their ongoing financial need, during the postgraduate programme to be eligible for the Aga Khan Foundation Scholarship.

How to apply for the Aga Khan Scholarship 2024?

The application cycle for the year 2024-2025 is currently closed. The next cycle is expected to start in early January 2025. For the latest application forms, deadlines, and requirements, you can contact the local units of the Aga Khan Foundation (AKF), Aga Khan Education Services (AKES), or Aga Khan Education Board (AKEB).

What is the amount of the Aga Khan Foundation scholarships?

The Aga Khan Foundation Scholarship program for international students awards on a 50% grants and 50% loan basis. The loan portion is to be repaid within five years with a 5% service charge, starting six months after graduation or upon termination of studies.

What is the Aga Khan Foundation scholarship deadline?

For the 2024-2025 cycle, the deadline for applications is March 31, 2024. The application cycle for the year 2024-2025 is currently closed. The next cycle is expected to start in early January 2025.

Can I get an Aga Khan Foundation scholarship in India?

Yes. The Aga Khan Foundation scholarships are available in selected countries, including India. You can collect the application form from the Aga Khan Foundation office in Delhi or the Aga Khan Education Service in Mumbai.

Can I apply for the Aga Khan Foundation to study in the UK?

No. The Aga Khan Foundation Scholarships are not available to students who wish to study in the United Kingdom. Instead, they offer scholarships to applicants who apply to any reputable university or postgraduate institution in the USA, Canada, France, and Portugal.

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About Shubhika Garg

Hey there! I'm Shubhika- a proud graduate in English Literature and Language from Delhi University. My journey as a content writer transitioned from online teacher into the world of words. Stepping into the domain of blogs and articles, I discovered my passion for writing growing deeper and stronger. Having said that, I have experience of writing for diverse industries in automobile, technology, ed-tech, finance and mental-health; crafting details to help you find the solution to what you are looking for. Join me as I invite you all explore and learn together.

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