Claes Isacson Scholarship

Each year, the Claes Isacson Foundation grants financial aid to students having a keen interest in the marine insurance markets. The Claes Isacson Scholarship is offered by Claes Isacson Foundation to help the young students with their finances who wish to pursue a career in shipping and marine insurance sectors.

The Claes Isacson Scholarship is open to all students around the world. They must meet the eligibility criteria to be considered for the same.

Students above 18 years of age are invited to apply for the Claes Issacson Scholarship, which provides financial aid of up to 20,000 USD. The amount may be awarded to one student or split between many students.

The awardees of the Claes Isacson Scholarship will receive the scholarship in tranche parts :

The first tranche will be transferred to the nominee's bank account during the enrolment.
The second tranche will be transferred at the beginning of the second semester.

The latest deadline is yet to be announced.

Significant features of the Claes Isacson Scholarship are:

The scholarship is privately funded by the donations of Claes Isacson foundation.
It is awarded annually and amounts to USD 20,000
The amount is usually divided between more than one candidate.
Applicants must have an interest in making a career out of shipping and marine insurance sectors.
The Scholarship is open to students from all over the world.
The winners are selected by the Scholarship Committee after the interview session.
The scholarship awardees are required to maintain a satisfying standard of academic progress during the program.

The latest deadline is yet to be announced.

Highlights

Scholarship Type	Need-Based
Offered by	Trust
Organization	Claes Isacson Scholarship Foundation
Application Deadline	N/A
Number of Scholarships	N/A
Amount	₹1,657,800 ($20,000)
Renewability	No
International Student Eligible	Yes
Scholarship Website Link	https://emp.jobylon.com/jobs/51601-gard-the-claes-isacson-scholarship-2020/

Eligibility Criteria

Candidates aspiring for the scholarship must show an excellent record in academics and extra-curricular activities. Applicants for Claes Isacson Scholarship have to Eligibility criteria listed below :

Candidates enrolled at a university or equivalent institution, focusing on subjects related to the Marine Insurance Business or Shipping Industry.
Should provide certified copies of exam certificates, detailing the educational programs they are enrolled in to be eligible
Candidates presenting a post-graduation plan, detailing the extent to which the scholarship has aided in the finance of special projects or education programs that they have already commenced.
Candidates presenting their future plans, describing their intent to pursue a career in the shipping and marine insurance business.

Application Process

Applicants have to submit an online application form for Claes Isacson Scholarships. The step-by-step process involved in the application process is given below:

Step 1: Visit the online application portal of the scholarship, available on the official website of the scholarship.

Step 2: Access the application form and complete the required details.

Step 3: Attach the documents required.

Step 4: Submit the application form.

Step 5: Check upon the decision via email.

Along with application form, applicants have to submit the required documents listed below:

Updated Resume
Official copies of exam certificates of the current educational programs
Proof of enrolment in the mentioned educational programs
Prepare a Presentation of future plans, detailing the intent to pursue careers in the Shipping and Marine Insurance sectors.

The latest deadline is yet to be announced.

Selection Process

After the successful submission of the application form, the scholarship committee will then review application forms of students.
The selection committee will evaluate applicants on the basis of the following criteria:

Applicant’s inclination towards the shipping industry and/or the marine insurance business.
The applicant's presentation, outlining their future plans and the purpose of finance that they are seeking.
The presented documents and copies of exam certificates.

The Selection Committee will interview selected applicants before announcing the winner of the scholarship

Grant Details

The Claes Isacson Scholarship is awarded annually. The amount of 20,000 USD may be awarded to one student or split between many students.

After the completion of the program, scholars are required to submit a report, summarising the benefits of receiving the award and an account report of the funds spent.

Terms and Conditions of Claes Isacson Scholarship

Along with knowing how to obtain the Claes Isacson Scholarship, it is significant for each applicant to know the scholarship’s terms and conditions. They are as follows :

As the scholarship is awarded in two trenches, students must retain eligibility in order to qualify for the second round of reward.
Candidates must adhere to the information requirements of the Gard Scholarship Committee
A report after the completion of the course program.
A statement confirming the authenticity of the fund allocation.
The candidate's failure to present documents will be a cause for disqualification and termination of the award.
Candidates are required to provide a letter of acceptance of the scholarship, with an acknowledgment of the intention to use the funds allocated, and a confirmation that the terms and conditions are met.

The latest deadline is yet to be announced.

For further queries, contact the scholarship board coordinator:

Gard AS
Kittelsbuktveien 31, 4836 ARENDAL
P.O. Box 789 Stoa, 4809 ARENDAL
Norway
Phone: +47 37 01 91 00
Email: companymail@gard.no