Colfuturo Scholarships

The financial support model 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. Students obtain the percentages of the scholarship distributed as follows: Those pursuing Masters' degrees in management or MBA programs are awarded 20% scholarship of the loaned amount. Those who study postgraduate in any area of knowledge are awarded 40% scholarship of the loaned amount. Students may also obtain an additional 20% 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. Students may also obtain an additional 20% discount if upon returning to the country, they work outside Bogota and it's metropolitan area. Applicants must make two separate applications: 1 to Queen Mary for admission, and 1 to COFUTURO for the scholarship. Those who are successful in securing the scholarship and hold an offer for admission to Queen Mary will automatically be granted the co-funding discount.