I have just discovered that the OPEC Fund for International Development (OFID) has announced that qualified undergraduate students are welcome to apply for the OFID Scholarship 2009/10. The OFID Scholarship will be awarded to support an undergraduate student from any developing country, to pursue higher education in a relevant field of development, in any recognized university/college in the world. The winner of the OFID Award will receive a scholarship of up to US$100,000.

The funds will be spread over a maximum of two years, toward the completion of a Master’s degree, or its equivalent, at an accredited educational institution, starting in the autumn of the academic year 2009/10. Students from Malawi, Zambia, Zimbabwe, Mozambique and many other developing countries are eligible. You can  check the list of eligible countries to find out if your country is included.

US$100,000 is a lot of money. Competition will be stiff but you will lose nothing by trying your luck. As you prepare your documents, make sure that your study pertains to OFID’s core mission which includes economics of development (poverty reduction, energy and sustainable development), environment (desertification) and other related science and technology fields. The deadline is June 30, 2009.