The maximum amount for each scholarship is valued at €20,000 per year, and will cover tuition and basic living expenses.
Degree programmes considered relevant to thestudy of hydrocarbons are fields such as: Hydrocarbon Engineering, Oil Geology, Oil Geophysics, Hydrocarbon Finance, Hydrocarbon Logistics, and Hydrocarbon Law.
The selection criteria is weighted 80% towards academic credentials and performance, and 20% on socioeconomic factors.
A prerequisite for the scholarship is that a place is secured on an unconditional basis in a university programme in the relevant fields.
The deadline for submitting the applications has been set as September 30 2016.
The application along with the full list of the prerequisites and selection criteria can be found on the Ministry’s website at www.mcit.gov.cy