# $120,000 USD Scholarship annually! • What is an IBQMI® scholarship? We grant scholarships specifically for people from developing countries and people who seek global and national development through further education. • What type of help we offer If you are an applicant for a scholarship and live in one of the 50 listed countries (see below), then you are duly qualified and can fill out our scholarship application. In the form, enter your name and physical address. • Why we are delighted to grant scholarships We help people of developing countries to enhance their professional skills. We want you to get a fair chance and have access to education, too. ## ISO 26000:2010 #### Guidance on social responsibility IBQMI® is ISO 26000:2010 conform and intended to contribute to sustainable development. We go beyond legal compliance, recognizing that compliance with law is a fundamental duty of any organization and an essential part of their social responsibility. In applying ISO 26000:2010, IBQMI® take into consideration societal, environmental, legal, cultural, political and organizational diversity, as well as differences in economic conditions, while being consistent with international norms of behaviour. ## We grant$120,000 USD scholarships for the 50 poorest countries in the world.*

*(The rankings are based on the GDP / PPP of a country, which compares the generalized differences in the cost of living and standards between countries.)

Overall, there are two standard methods of measuring the wealth of countries and how rich or poor its inhabitants are. The measure most often used is Gross Domestic Product (GDP), which represents the size of a country’s economy. A refinement of this is per-capita GDP, which is a measure of the average welfare and affluence, or poverty, of residents of a country. However, GDP and per-capita GDP are less useful when comparing economies across national boundaries – which one must do to determine the poorest countries in the world – because GDP is expressed in a country’s local currency.

The measure that most economists prefer, and the one used here, is GDP at purchasing power parity. GDP (PPP) compares generalized differences in living standards on the whole between nations because PPP takes into account the relative cost of living and the inflation rates of countries, rather than using just exchange rates, which may distort the real differences in income. Values are expressed in current international dollars, reflecting a single year's (the current year) currency exchange rates and PPP adjustments.

## List of Countries whose citizens can apply for a scholarship

### What can I do if the annual contingent of IBQMI® is exhausted?

If you’re a student from our list of developing countries, you could apply for the next year. Another option is to get other scholarships. Please try to apply at The International Financial Aid Center. Visit the IEFA website first: http://www.iefa.org Many scholarships for students from developing countries will have additional criteria, such as a specific country of origin or destination, a particular subject of study, or ties to a particular university. But, with a bit of savvy scholarship hunting and a tad of flexibility, you could apply to 10 or more international scholarships in no time.

### This is our list of all countries which will be supported by IBQMI® with scholarships for its citizens.

• Central African Republic
• Congo, Dem. Rep.
• Malawi
• Liberia
• Burundi
• Niger
• Mozambique
• Eritrea
• Guinea
• Madagascar
• Guinea-Bissau
• Togo
• Mali
• Zimbabwe
• Kiribati
• Ethiopia
• Comoros
• Burkina Faso
• Rwanda
• Haiti
• Gambia
• Solomon Islands
• Benin
• Afghanistan
• Tanzania
• Sierra Leone
• South Sudan
• Senegal
• Nepal
• Vanuatu
• Chad
• Tajikistan
• Djibouti
• Lesotho
• Papua New Guinea
• Cameroon
• Côte D'Ivoire
• Micronesia
• Marshall Islands
• Kenya
• Sao Tome And Principe
• Cambodia
• Uganda
• Kyrgyz Republic
• Mauritania
• Bangladesh
• Yemen
• Ghana
• Zambia
• Sudan