Scholarships are offered by the World Bank’s

It is a crucial part of the Countries Bank’s initiatives to support economic growth and shared prosperity by funding human resource development, capacity building, and education in the developing world.
Since 1982, the DEC’s scholarship programs have contributed to the formation of a pool of more than 6,000 development experts and scholars, altering their nations and having a beneficial impact on future generations.
Current Programs
Joint Japan/World Bank Graduate Scholarship Program (JJWBGSP): Since 1987, JJWBGSP has made graduate degrees in development-related subjects possible for almost 6,000 mid-career professionals from 160 developing countries and Japan. The JJWBGSP is entirely funded by the Government of Japan each year.
Program for Robert S. McNamara Fellowships (RSMFP): RSMFP has supported young researchers on a wide range of subjects in domains connected to development since 1982. Promising young researchers are currently connected through the initiative to World Bank research, data resources, and technical experience. Selected fellows work on DEC research projects while being housed as a cohort at the World Bank in Washington, D.C. They also receive formal training and take part in research that is pertinent to policy.
Program not in use
Program for Presidential Scholarships in Japan-Indonesia (JIPS): Applications are no longer being accepted for this program. This scholarship allowed 43 Indonesian PhD students to study overseas for three semesters (2008–2010) under the guidance of one of the program’s ten partner Indonesian universities thanks to a one-time $10 million donation from the Government of Japan. The opportunity for new candidates has officially closed.