Claes Isacson Scholarship

4 minute read
Claes Isacson Scholarship

Annually 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 started this scholarship to help younger people in finance for admission purposes and also in their future and career goals. Read this article to know all about the Claes Isacson Scholarship scholarship details including its eligibility, and specifications.

Name of ScholarshipClaes Isacson Foundation 
CoursesShipping and Marine Insurance
Eligibility– Post-graduation plan
– Presentation for future intent
– Good academic record
– 18 years above
Last Date To ApplyTo be notified
No. of Selected ApplicantsNot specified
Mode of ApplicationOnline
Scholarship Amount20,000 USD (INR 16.5 Lakhs)

About Claes Isacson Scholarship

Every year students who want to pursue their career in 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. 

Important Dates of Claes Isacson Scholarship

To not miss any updates on the scholarship, you need to keep a tab on the important dates of the scholarship. Refer to the table below to have a look at the dates of the scholarship:

Application OpensTo be notified
Application ClosesTo be notified
ResultsTo be notified

Eligibility of Claes Isacson Scholarship

Getting a scholarship depends if 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. 

Educational Qualifications– Post-graduation plan
– Presentation for future intent
– Good academic record
AgeAbove 18 years
IncomeNot Specified

Benefits of Claes Isacson Scholarship

Applying for this Scholarship can be very beneficial for any student who wants to pursue shopping 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 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 conveniently for the scholarship:

Step 1 Click on the official website of Claes Isacson Foundation. 

Step 2: Find the tab for application of 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 mail 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 universities
  • Presentation of your plans and intent 

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 know in depth about you.

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 would you use the money.
  • Copies of your academic certificates.


Why does Claes Isacson Foundation provide scholarships?

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 to students.

Is Claes Isacson’s scholarship renewable?

No, the Claes Isacson scholarship is not renewable. It is a one-time scholarship for each applicant. 

Is the scholarship amount granted in one part to the selected applicant?

No, the scholarship amount is granted in two tranche parts. 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.

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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