COLFUTURO, Colombian Scholarships

Summary

Enrolment status New students, Currently enrolled students
Student type International students
Level of study Postgraduate, Higher Degree by Research
Study area All study areas
Scholarship value USD$25,000 annually for a maximum financing of two years, or USD$50,000
Scholarship duration 2 years maximum
Number awarded Varies

Scholarship description

The Fundación para el Futuro de Colombia (COLFUTURO) is a Colombian non-profit foundation that was established in 1991 and its main objective is to provide financial support and increase the possibilities of Colombian citizens to access high-quality postgraduate study programs abroad.

The financial support model COLFUTURO offers is a Scholarship-Loan. COLFUTURO offers each student up to US$50,000, which may be requested in full, even if the program is one year. Students may be awarded scholarships for 80% of the loaned amount, provided they accomplish these requirements: (1) be awarded their postgraduate degree, (2) return to Colombia, and (3) remain in the country for three to five years.

Additional benefits

Colfuturo scholarships provide the following benefits in addition to tuition fees:

  • Airfare
  • Settling Allowance (onetime payment of up to USD$2,000)
  • Overseas Student health insurance
  • Living allowance (up to USD$1,300 per month
  • Text books and computer allowance (maximum USD$2,000 per year)
  • Debtors insurance

COLFUTURO provides each beneficiary with a sponsorship letter indicating the total amount of the loan-scholarship and will clearly inform beneficiaries, which of the above items are payable directly to them and which are paid directly to The University of Queensland.

Before you apply

If this scholarship has rules, download and read them before applying.

How to apply

COLFUTURO´s selection process for the Loan-Scholarship Program is done yearly. The on-line application becomes available by mid-January and applicants can start complying with documentary requirements beginning the first week of March up to the last working day of April. Results are published between the last week of June and the first week of July each year. 

Contact

COLFUTURO
+(57) 1 340 5394