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Claes Isacson Foundation provides Claes Isacson Scholarship for students who want to study further and have merit but are unable to do so. It was started in the memory of Claes Isacson, head of P&I underwriting and CEO of Grad. He established this scholarship to assist younger individuals in finance for admission purposes and to support their future career goals. Read this article to know all about the Claes Isacson Scholarship scholarship details, including its eligibility and specifications.
| Particulars | Details |
| Name of Scholarship | Claes Isacson Foundation |
| Courses | Shipping and Marine Insurance |
| Eligibility | – Post-graduation plan – Presentation for future intent – Good academic record – 18 years old or above |
| Last Date To Apply | To be notified |
| No. of Selected Applicants | Not specified |
| Mode of Application | Online |
| Scholarship Amount | 20,000 USD (INR 16.5 Lakhs) |
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What is the Claes Isacson Scholarship?
Every year, students who want to pursue their career in the shipping and marine insurance markets but are unable to do so because of financial constraints will get a scholarship from Claes Isacson Foundation. This scholarship is valid for applicants all over the world who fulfil the eligibility criteria for the scholarship. Claes Isacson Foundation provided financial aid for 20,000 USD (INR 16.5 Lakhs), which can be granted to one student or split between more than 1 applicant.
Eligibility of Claes Isacson Scholarship
Getting a scholarship depends on whether you are eligible for the scholarship. There are certain eligibility criteria for the scholarship set up by the conducting body. Refer to this table for detailed information and check if you are eligible for the scholarship.
| Particulars | Details |
| Educational Qualifications | – Post-graduation plan – Presentation for future intent – Good academic record |
| Age | Above 18 years |
| Nationality | Anyone |
| Income | Not Specified |
Some of the other criteria for the Claes Isacson scholarship are:
- Candidates enrolled at a university or equivalent institution, focusing on subjects related to the Marine Insurance Business or the Shipping Industry.
- Should provide certified copies of exam certificates to be eligible
- Candidates presenting a post-graduation plan, detailing the extent to which the scholarship has aided in the financing 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.
Also Read: List of Scholarships for Master’s in Agriculture in the USA
Benefits of Claes Isacson Scholarship
Applying for this Scholarship can be very beneficial for any student who wants to pursue shipping and marine insurance in any program. These benefits are not only limited to monetary benefits but also opportunities after your education. This scholarship provides personal skill development, counselling for their future, and also how to develop leadership skills.
Some of these benefits are:
- Promotes the students to pursue shopping and marine insurance as a career path.
- Access to the opportunities in the Shipping and marine business.
How to Apply for Claes Isacson Scholarship?
Applying for the Claes Isacson Foundation is very easy. You just need to follow these four simple steps to apply for the scholarship:
Step 1: Click on the official website of Claes Isacson Foundation.
Step 2: Find the tab for the application of the Class Isacson Scholarship and click on that. You will be redirected towards an application form. Fill in the mentioned details correctly.
Step 3: Attach all the documents and submit the application form.
Step 4: Open your email and click on the link to confirm your application.
Documents Required for Application
While filling out the application form, you need to upload some essential documents along with it. Some of these documents are
- Copies of your official documents
- Resume
- Proof of enrollment in the university
- Presentation of your plans and intent
Also Read: Provost Scholarship in UK: A Complete Guide
Selection Criteria
Applicants will be selected based on their academic record, application and personal interview. There will be a committee that will review your application and conduct your interview to get to know you in depth.
The selection committee will select based on;
- The application form that you have filled out
- Your presentation of your plans for the future and how you would use the money.
- Copies of your academic certificates.
FAQs
Claes Isacson Foundation provides the Claes Isacson scholarship for students who are willing to study further in shipping and marine insurance. It also helps the students to fulfil their career goals by providing financial aid.
No, the Claes Isacson scholarship is not renewable. It is a one-time scholarship for each applicant.
No, the scholarship amount is granted in two tranches. The first tranche will be transferred to the applicant’s bank account during the process of enrollment. The second tranche is transferred at the beginning of the second semester only. You need to give all the details of the amount spent at the end of your program.
You can apply for 100% scholarships at top universities, government schemes, and private foundations. Examples include Fulbright, Chevening, and DAAD. Strong academics and a good profile improve your chances.
To improve your chances, maintain strong academics, build extracurricular achievements, write a compelling statement of purpose, and apply early. Tailoring applications to requirements also makes a big difference.
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If you are planning to study abroad in the upcoming intakes, get in touch with our study abroad experts at 1800-57-2000. And stay tuned to our scholarships page for more information related to various scholarship schemes to study abroad.
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