Sunday, April 02, 2006

[Global] Sampoerna Foundation Overseas MBA Scholarship Program

Application deadlines are March 31, 2006 for Round 1 and June 30, 2006 for Round 2

The Sampoerna Foundation Overseas MBA Scholarship Program is a mean to groom Indonesia ’s future business leaders. Sampoerna Foundation provides qualified individuals the opportunity to pursue a Master of Business Administration degree at leading business schools overseas. Upon the completion of the program, scholars are expected to return to Indonesia and endeavor to transfer their knowledge to their fellow citizens.


Application deadlines are March 31, 2006 for Round 1 and June 30, 2006 for Round 2. Applications should be submitted as early as possible. Applicant may apply for more than one of Sampoerna Foundation scholarship programs concurrently.

Sampoerna Foundation Overseas MBA Scholarships consist of the following programs:

1. Sampoerna Foundation (SF) MBA in the US - Max Scholarship Granted: 7
2. Fulbright – SF MBA in the US Scholarship* - Max Scholarship Number: 3
3. Australian Education International (AEI) – SF MBA in Australia. Max Scholarship Number: 4
4. Ambassade de Franceen Indonésie – SF MBA in France. Max Scholarship Number: 2
5. British Council (BC) – SF MBA in the UK. Max Scholarship Number: 2

*Please contact AMINEF about this particular program and how to apply.

American Indonesian Exchange Foundation
Balai Pustaka Building, 6th Floor
Jl. Gunung Sahari Raya No. 4
Jakarta 10720
Phone: 021-345-2016, 345-2018, 345-0709
Fax: 021-345-2050
Website: www.aminef.or.id


CONDITIONS OF AWARD

The information contained in this document is intended for the Sampoerna Foundation Overseas MBA Scholarship Program, pertinent to the 2007 intake only.

I. Basic Eligibility

Applicant must satisfy ALL of the following conditions:

* Indonesian citizen.
* Hold a Bachelor degree in any discipline from an Indonesian tertiary institution with a minimum grade point average (GPA) of 3.25(on a 4.00 scale)
* Under 35 years of age when lodging the application.
* Have a minimum of two-year full-time professional work experience after the completion of their undergraduate degree when lodging the application.
* Have valid proof (validity of two years) of:

International TOEFL with a minimum score of 600 (paper based) or 250 (computer based), OR
International English Language Testing System (IELTS) of minimum 6.5 (for MBA Australia only), OR
Institutional TOEFL with a minimum score of 610.*

* Have valid proof (validity of five years):
GMAT test scores above 600 with verbal score to be 25 or above, OR
TPA with a minimum score of 650.*

* Not currently enrolled in graduate or post-graduate program or school, or has already obtained a Master’s degree or equivalent.

* Not enrolled or graduated from an overseas tertiary institution, unless was on a full scholarship.

* Not in receipt of other equivalent award or scholarship offering similar or other benefits at the time of the award.

* Demonstrate they are from financially disadvantaged family and that without the scholarship he/she will not be able to study for an overseas MBA program.

* All applicants selected as Finalists must have a valid GMAT and International TOEFL/IELTS with the aforementioned minimum score as required by each program. Finalists who fail to do so will automatically be removed from the selection process.

** All applicants selected as Finalists for MBA France shall have to take language course in the appointed institution by SCAC and pass the DELF (Diplome d`Etudes en Langue Francaise) Level 1 (A1, A2, A3, A4)

Any applicant proves to have forged information in his/her application form or any of the documents attached therein will be immediately disqualified.

II. Further Requirements

Applicant also must:

1. Demonstrate leadership potential.
2. Demonstrate interest in and commitment to community and national development.
3. Attend ALL stages of selection process conducted by Sampoerna Foundation and the examinations conducted by the recommended university(ies).
4. Meet the requirements for obtaining a proper student visa of the designated country upon acceptance for the scholarship.
5. Comply with the application for scholarship rules and regulations as stipulated by Sampoerna Foundation, partner institution for each respective program, and the university.

III. Nature of award

1. The scholarship’s worth is approximately between USD 70,000.- to USD 150,000.- per student, depending on the country and university, for the duration of study. This covers the following:
* GMAT and TOEFL/IELTS reimbursement, one time only, based on original invoice, for GMAT and TOEFL/IELTS taken no more than 6 months prior to the scholarship application;
* University application fee, for up to 2 (two) universities;
* Student visa application fee;
* Return airfares from Jakarta to the place of study;
* Tuition fees, for the duration of study;
* Living allowance, to support living costs during period of study;
* Literature allowance, to purchase textbooks required for study.

2. The scholarship is intended for full-time / regular class study only.

3. Scholarship recipient is not permitted to undertake any form of employment at any time during the course of study, unless such employment is allowed under the student visa obtained.

IV. Duration of Award

1. The scholarship is provided for a maximum of 2 (two) years, or otherwise as stated by the university as a standard duration for the completion of the relevant study program. No extension will be granted.

2. If the scholarship recipient fails to complete his/her study within the allocated timeframe, he/she is still entitled to continue the study. However, Sampoerna Foundation is not obliged to provide any further financial or other support.

3. The scholarship recipient is obliged to complete his/her study within 2 (two) years. Failure to complete the study within this timeframe will result in a penalty imposed whereby the scholarship recipient must return 50% of the total amount of scholarship fund already disbursed.

4. Continuation of scholarship is subject to the scholarship recipient’s satisfactory academic and non-academic progress.

V. Break from Study

Scholarship recipient is not entitled to take any break from study other than term or semester breaks scheduled by the university without prior written approval from the university and Sampoerna Foundation.

VI. Employment

There is no obligation for the scholarship recipient or Sampoerna Foundation to engage in any form of future employment. Sampoerna Foundation does not oblige scholarship recipients to work for Sampoerna Foundation and its affiliates or supporting organizations.

VII. Penalties

1. Sampoerna Foundation will impose penalties for non-compliance with scholarship terms and conditions, including but not exclusive to academic and non academic performance and participation in mandatory activities. Penalties may be in the form of reduction of funding, suspension of funding, or termination of scholarship funding.

2. Should the scholarship recipient decide to withdraw from the scholarship scheme, any funds already disbursed by Sampoerna Foundation as part of scholarship coverage must be fully repaid by the scholarship recipient.

VIII. Termination

1. The scholarship will cease when a recipient is no longer enrolled as a student:
* When the university issues an academic record (transcript) indicating the completion of study.
* When the recipient is forced to withdraw or cannot continue his/her studies due to illness or any other reason.

2. The scholarship will be immediately terminated if:
* The scholarship recipient fails to fulfill his/her obligations, or fails to meet the required academic performance level; or,
* The scholarship recipient proves to have forged information in his/her application form or any of the documents attached therein; or,
* The scholarship recipient is dismissed from the study program or expelled from the university for any reason; or,
* The scholarship recipient is involved in any illegal activities e.g. drug abuse and trafficking or any other form of criminal activities.

3. The scholarship will be terminated if the scholarship recipient does not pass the academic and non academic evaluation conducted by Sampoerna Foundation every 6 (six) months and fails to improve his/her performance within the given probation period.

Source: Sampoerna Foundation

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