Colombia COLFUTURO – Joint Graduate Loan-Scholarship Program
Award Overview
- Award Category: Admission Awards, Doctoral Awards, International Awards, Master's Awards
- Level of Study : Doctoral, Master’s
- Required Legal Status : International
Purpose
The COLFULTURO joint Graduate Loan-Scholarship program aims to foster cooperation and enhance the links between institutions by providing shared financing for talented Colombian students admitted to graduate degree programs at the University of Toronto.
Value & Duration
COLFUTURO will provide:
A loan of up to $50,000 USD for a maximum financing period of two years. COLFUTURO provides each beneficiary with a sponsorship letter indicating the total amount. Funds may be used to cover:
- Airfare
- Settling Allowance (one-time payment of up to $2,000 USD)
- Tuition
- Health insurance
- Living allowance (up to $2,000 USD per month)
- Textbooks and computer allowance (maximum $2,000 USD per year)
- Debtor’s insurance
The loan may be converted into a partial scholarship when the student returns to Colombia and resides there for a pre-established period. To qualify, the student must comply with all the requirements previously agreed with COLFUTURO. For full information, visit COLFUTURO’s website.
University of Toronto will contribute:
| Program | Value |
| Doctoral programs (PhD and research stream only) | charged domestic tuition fees. |
| Master of Arts (MA) in Criminology and Sociolegal Studies | $3,000 CAD tuition reduction for all beneficiaries of COLFUTURO. |
| Master of Laws (LLM) | $10,000 CAD scholarship for up to two (2) COLFUTURO beneficiaries who are eligible for financial aid (see financial aid policies and criteria). |
| Full-Time MBA, One-Year MBA, Extended Full-Time MBA, Master of Management (MMGT), Master of Management Analytics (MMA), and Master of Financial Risk Management (MFRM) | 20% tuition discount for up to eight (8) COLFUTURO beneficiaries. |
| Master of Education (M.Ed.) programs: | $3,000 CAD tuition reduction for all COLFUTURO beneficiaries. |
| Doctor of Education (EdD) programs: | $3,000 CAD tuition reduction for all COLFUTURO beneficiaries. |
Eligibility
In order to qualify for the COLFUTURO Loan-Scholarship, applicants must:
- Be a citizen of Colombia.
- Complete a Loan-Scholarship application before the deadline stated in COLFUTURO’s instructions for applicants.
- Apply for and receive an offer of admission to a full-time University of Toronto graduate program.
Application Process
Please visit COLFUTURO’s website for further instructions on the application process.
Contacts & Resources
University of Toronto
Graduate Awards Office, School of Graduate Studies
graduate.awards@utoronto.ca
COLFUTURO
https://www.colfuturo.org/
Carrera 15 #37-15 Bogotá, Colombia
(57) 601 340 5394
yosoyfuturo@colfuturo.org