BI Presidential Scholarship in Norway 2024  – Description

Do you want to study in Norway, a beautiful country in Europe with great views? And why not get a funded scholarship? BI Presidential Scholarship in Norway 2024 is a prestigious opportunity for all nationals to study in Europe. Both International and domestic students are eligible for this scholarship. This fully funded scholarship is offered for the Post-Graduate program in several fields. The host University is the BI Norwegian Business School. All students who wish to study Master’s degree in Norway can apply for this scholarship. High-performing and outstanding students with great academic achievements and records are firmly encouraged to apply for this scholarship. The duration of the program is one year.

The BI Presidential Scholarship is offered by the BI Norwegian Business School in Oslo, Norway. This is a great university in Norway with great achievements in the last few years. It is a substantial chance for students from all over the world to continue their higher education. This University has a really beautiful campus with great libraries. It equips students with advanced technologies learning tools and systems. Students at this university can improve their skills and gain the required qualifications for their dream careers.

This scholarship provides an opportunity for students to study at BI Norwegian Business School without worrying about expenses. The coverage for this scholarship is different and you can see it later in the article. With this scholarship, there will be international career opportunities. There will be the chance to visit Norway and learn about the Norwegian culture.

What is the deadline for the BI Presidential Scholarship 2024?

Deadline for BI Presidential Scholarship 2024

The deadline for this scholarship is:

• March 1, 2024

Brief details about this Scholarship in Norway:

• Location: Oslo, Norway
• Type: Partially funded
• Levels of study: Master’s degree
• Host Institution: BI Norwegian Business School
• Duration: 1 year
• No of Seats: 20
• Gender: Both
• Language of Instruction: English
• Language requirement: None

Eligibility Criteria for BI Presidential Scholarship 2024

To be eligible for this scholarship, you need to comply with the following requirements:

• Candidates must have a minimum overall GPA of ‘A’ on the ECTS scale or the equivalent top-level grade on international grade scales to be considered.
• Students in the 3rd year of the Sivøk programme are eligible to apply.
• Candidates with Norwegian citizenship or international citizenship from EU/EEA/Switzerland.
• Citizens of countries from outside the EU/EEA who are residents of Norway may be eligible, depending on their residency status. Please see list on this webpage to determine eligibility. If you fall in this category, include documentation of residency with your scholarship application letter.
• International applicants (all citizenships) who moved to Norway for their bachelor studies and will complete a bachelor’s degree in Norway (full 180 ECTS) in the spring of year of application. International applicants with citizenship from outside the EU/EEA must not have a break in studies between the completion of their bachelor’s degree and the commencement of their master’s degree.
• Candidates admitted to a Master of Science degree programme at campus Oslo or campus Bergen, with the exception of the BI-Luiss Joint Masters in Marketing.

Please note:

• You may apply for more than one scholarship; however, BI Norwegian Business School will award only one scholarship per applicant.
• Awarded scholarships are tied to a specific academic programme at a designated campus and cannot be transferred.
• International candidates who are eligible for a student loan in Norway from Lånekassen (180 ECTS bachelor’s degree from a Norwegian educational institution) will be considered as domestic applicants for scholarship purposes and therefore do not qualify for stipends towards living costs.
• Priority is given to applicants seeking their first master’s degree. Candidates who have already earned a master’s degree are not given priority for scholarships.

Only candidates admitted to a Master of Science programme commencing Autumn 2024 will be considered for this scholarship.

All candidates must meet academic progression requirements to maintain their scholarship. Detailed requirements are included in the Scholarship Agreement.

• Full study progression (30 ECTS) in each semester.
• Minimum cumulative GPA of a “B” on the BI ECTS scale after completion of each academic semester.
• Candidates who are awarded the BI Presidential Scholarship must be prepared to be “BI Ambassadors”, acting as spokespeople, assisting in recruitment efforts, and promoting a good study environment. Scholarship recipients will be informed about responsibilities during the academic year.

Essential information about this scholarship:

• BI Norwegian Business School aims to build a diverse and international student body.
• Only applicants who have been admitted to a Master of Science programme and have applied as instructed will be considered.
• Scholarship applications will be considered only if the offer of admission has been accepted.
• BI ensures the distribution of scholarships across MSc programmes.
• BI reserves the right to award scholarships according to institutional priorities which may include prioritizing specific master’s programmes, diversity, and gender distribution, or selected partner schools of BI.
• All candidates will be assessed according to the ECTS scale. Applicants with international bachelor’s degrees will have their grades converted to the ECTS scale.
• Other factors that may influence awarding could be other academic achievements, GMAT/GRE/CAT scores, extracurricular achievements, and special personal achievements.
• International applicants who apply for the BI Presidential Scholarship will also be considered for the MSc International Scholarship.

Benefits:

The following benefits are awarded to the scholarship winners:

• Norwegian and International Applicants who are residents of Norway: Scholarships will cover full tuition fees for each semester, for up to two years, if the student achieves the academic progression requirements.
• Sivøk Applicants: Scholarships will cover full tuition fees for each semester, for up to two years, if the student achieves the academic progression requirements.
• International Applicants: Scholarships will cover full tuition fees and a stipend for each semester, for up to two years, if the student achieves the academic progression requirements. The stipend is to assist with living expenses but does not cover all expenses (approximately 70%).
• Travel to Norway and experience Norwegian culture.
• Study with international students
• Chance to build an international students.

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Required Documents:

• English Proficiency and International Test/s
• Scholarship Letter
• Copy of Passport
• CV
• Motivation Letter
• Financial Plan

Scholarship Process:

• Scholarship offers are not sent with offers of admission. You will receive the offer of admission first.
• Applicants must accept the offer of admission while awaiting scholarship decisions.
• Scholarship offers will be sent to selected candidates throughout the admission cycle.
• Scholarship offers must be accepted by the date indicated on the offer. Scholarships not accepted by the deadline will be withdrawn/canceled and awarded to another candidate.
• All scholarships will be awarded by the end of April with the exception of the A. Wilhelmsen Foundation Scholarship and the BI-Luiss Joint Master in Marketing Scholarship which are awarded later in the spring.
• All scholarship applicants, including those not selected, will be informed of the scholarship application decision by the end of April.

Application Process for BI Presidential Scholarships

• Applications for scholarship are not accepted by email, with the exception of 3rd year Sivøk applicants (see below). 
• Always apply for a scholarship at the same time as you apply for admission on the online application portal.
• Write a scholarship application letter, a maximum of one page, outlining why you should be considered for this scholarship. Scholarships are awarded based on academic merit, not on financial need.
• Upload it to the section marked ‘Scholarship’ in your online application for admission.
• Include all the required documentation to be evaluated for admission to a Master of Science programme. The scholarship application will only be considered if a complete application for admission has been submitted and the offer of admission is accepted.
• BI students currently in their 3rd year of the Siviløkonom programme, can apply in the spring of their 3rd year by sending a scholarship application letter to info@bi.no with the subject line: BI Presidential Scholarship Application
• International applicants who apply for the BI Presidential Scholarship will also be considered for the MSc International Scholarship. A separate scholarship application letter is not required.

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