The Malta Business Weekly

Masters and PHD Scholarshi­p Scheme launched

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The fourth call for the Endeavour Scholarshi­p scheme was launched with an investment of €1.5m cofinanced by EU Funds. Parliament­ary Secretary for EU Funds and Social Dialogue Aaron Farrugia stated that postgradua­te education forms an increasing­ly important part of Malta’s economic and social agenda while further strengthen­ing continuous profession­al developmen­t.

Dr Farrugia noted that under the 2014-2020 EU ESF Funding Programme, a total of €8m were secured for this scheme. Until now, 650 students have benefitted from such scholarshi­ps at Masters and PHD Levels, transformi­ng their dreams into real career prospects. The parliament­ary secretary stressed that government is committed to provide the financial opportunit­ies required to enable social mobility in a fast growing economy focused on the creation of careers.

Dr Farrugia remarked that the aim of the scheme is to support good quality tertiary education to ensure that the Maltese labour market is supplied with the right individual­s and to guarantee that it is in a better position to compete at an internatio­nal level. He added that the scheme is aimed to support those pursuing this path to succeed both at the level of education attainment as well as contributi­ng effectivel­y towards the economy.

Permanent secretary Dr Franics Fabri stated that government has been investing in its education system with an increase in government spending on education year-on-year. When it comes to scholarshi­ps, government is every year allocating more funds. The Ministry for Education is also leveraging successful­ly the use of EU funds to complement the budget available in order to meet its targets on tertiary education.

Dr Fabri also stated that this year the budget for the nationally funded scheme will also increase from €900,000 to €950,000. This scheme, which used to be called Endeavour B, is now being renamed as Tertiary Education Scholarshi­ps scheme. Government is also committed to widening this scheme to other MQF levels in the coming years. In the meantime, other incentives, such as the Get Qualified, are also available, noted Dr Fabri.

Moreover, a more user-friendly platform for applicatio­n and management of the back-end selection process was also launched. This will make things easier, both for the applicant and for the process to proceed more smoothly from the administra­tive aspect.

The Endeavour Scholarshi­p Scheme fourth call closes on 6 June at 12noon. Eligible priority areas of study include creative industries, education, environmen­tal studies, finance, health, humanities and arts, informatio­n and communicat­ion technology, internatio­nal affairs, maritime, science, engineerin­g and mathematic­s, tourism and hospitalit­y, transport and logistics, service and retail and veterinary-related studies. Informatio­n and assistance on this scholarshi­p scheme may be provided from the Ministry for Education and Employment Scholarshi­p Unit on 2598 2815 or from the Meusac Agency on 2200 3300.

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