The Quota Scholarship, Norwegian Business School
Listed: 17 May 2012
Country: Norway
Category: Scholarship
Program: Postgraduate,Master
Field: Others
Financial Support from the Norwegian State Educational Loan Fund
The Quota Scholarship is provided by the Norwegian Government and administered by the State Educational Loan Fund (Lånekassen). One of the objectives of this programme is to help students from developing countries and Eastern European countries outside the European Union to acquire competence in research areas and in certain professions. When the student returns home, his/her loan will be repaid by the Ministry of Foreign Affairs as a part of the financial aid offered to these countries. Students must be from BI's partner institutions to be considered for this scholarship. A list of eligible countries is available here.
Please see here for more information on the quota scheme.
The yearly amount covered by Lånekassen is sufficient to cover parts of the tuition fee, books and living expenses for the academic year (10 months). The amount consists of a living cost allowance of NOK 8290* pr month (given for 10 months), and a tuition fee support of NOK 50 880*. The financial support is regarded as a loan, and will only be turned into a Scholarship upon return to your country of origin.
(When you return to your home country you need to apply for this, and you need to inform Lånekassen before you leave Norway that you intend to apply for a release of debt and what your address will be so that they can send you the proper information.)
If residence is taken in Norway within ten years after termination of studies, the scholarship is converted back to a loan, and must be repaid.
Students who are awarded this scholarship will be given a student residence permit in Norway, with the obligation to return home once the studies are completed according to present regulations. The scholarship will be available 4-8 weeks after the arrival to Norway.
The quota scholarships are only available for students from BI partner institutions. BI has partner institutions in the following eligible countries: Azerbaijan, Russia, Ukraine, Peru, China, India, Thailand, Vietnam and South Africa. Candidates must hold a bachelor degree from one of the partner institutions in an eligible country. See partner list here.
In addition quota scholarships can be offered to graduates from the following institutions, due to special agreements:
National University of Kyiv-Mohyla Academy, Ukraine
Foreign Trade University, Vietnam
Khazar University, Azerbaijan
You can apply for this scholarship by attaching a scholarship application essay to your programme application. In this maximum one-page essay you explain why you feel you are a good candidate for the scholarship.
Please see current specified list of countries/institutions by following this link.
The MSc Programme is a two-year program. In order to secure a scholarship for the second year, students need to have a normal study progression during the first year.
Deadline for application for the 2012 intake is March 15th 2012.
* Subject to change
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