The financial support model we use is a Scholarship-Loan. COLFUTURO offers each student up to US$25,000 per year for a maximum of two years. In total, the foundation offers loans of up to US$50,000. Students may be awarded scholarships for 50% of the loaned amount, provided they accomplish these three requirements: (1) be awarded their postgraduate degree, (2) return to Colombia, and (3) remain in the country for three to five years. Students may also obtain an additional 10% discount if, upon returning to the country, they engage in employment for one year in the public sector, or as teachers or researchers in public or private institutions. Those pursuing Masters’ degrees in management or MBA programs are awarded only 25% scholarship of the loaned amount.

Loan-Scholarship Requirements
To participate in COLFUTURO’s yearly application process, students shall follow the regular admission process to the program in the educational institution in the country of their choice. COLFUTURO does not get involved in the different universities’ or in their study programs’ application and selection processes. Additionally, applicants shall demonstrate advanced proficiency in a foreign language and hold an undergraduate degree, except for those students applying to double degree programs.

Administrative Contacts & How To Apply

See website for details: https://www.colfuturo.org/english

Funding Notes

Colombian students only

Funding Information

Please see our website for how to apply:
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