The objective of the Financial Aid Program at universities/colleges of  Cyprus is to provide financial assistance to students who need aid in  order to begin or complete their studies in Cyprus.
Need Grants  are awarded to students and are based mainly on substantial financial  need, regardless of academic performance. The amount of the grant  provided depends upon the student's need for assistance, but grants  usually amount to less than one third of the tuition and fees of the  semester.  Students interested in this type of grant must complete the  "Financial Aid Application Form" and submit it to the respective  department of universities/colleges.
It must be noted, however,  that the funds for Financial Aid are provided by universities/colleges  and are limited.  Students and their families are expected to finance  their education and Financial Aid should be considered only as  supplemental assistance.
Cyprus Government Scholarships - The  Government of the Republic of Cyprus provides each year a number of  scholarships to students wishing to attend the MBA program. As from 1994  the Government of the Republic of Cyprus has launched the Technical and  Development Assistance Scheme, within the framework of which the Cyprus  Government provides each year a number of scholarships of short and  long duration for participation in educational courses organized by  Academic Institutions in Cyprus, as part of its Official Development  Assistance (ODA) strategy. All the scholarships are provided officially  on a bilateral basis (from Government to Government) and are announced  through the diplomatic channels.
List of scholarship recipient countries for the academic year 2010-2011 : Armenia, Azerbaijan, Bangladesh, Bosnia – Herzegovina, Gambia, Georgia, Indonesia, Iran, Kazakhstan, Kyrgyzstan, Moldova, Pakistan, Sudan, Tajikistan, Uzbekistan
All the countries in the above list are included in the OECD DAC List of ODA recipients (thus addressing the need to direct resources to developing countries). The list is subject to change on a yearly basis. All fields of study are areas in which Cyprus has accumulated expertise (like Tourism, Services, Management, Forestry etc.).
List of scholarship recipient countries for the academic year 2010-2011 : Armenia, Azerbaijan, Bangladesh, Bosnia – Herzegovina, Gambia, Georgia, Indonesia, Iran, Kazakhstan, Kyrgyzstan, Moldova, Pakistan, Sudan, Tajikistan, Uzbekistan
All the countries in the above list are included in the OECD DAC List of ODA recipients (thus addressing the need to direct resources to developing countries). The list is subject to change on a yearly basis. All fields of study are areas in which Cyprus has accumulated expertise (like Tourism, Services, Management, Forestry etc.).





 
 
 
 
 
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