COLFUTURO Scholarships Loan Programme

About the award

COLFUTURO is a Colombian non-profit foundation established in 1991 with the support of the National Government and some of the most important companies of the private sector in the country. Its main objective is to provide financial support and increase the possibilities of Colombian citizens to access high-quality postgraduate study Masters or Doctoral programs abroad.


COLFUTURO offers each student up to US$25,000 per year for a maximum of two years. In total, the foundation offers loans of up to US$50,000. Students may be awarded scholarships for 50% of the loaned amount, provided they accomplish these three requirements: 

(1) be awarded their postgraduate degree, 
(2) return to Colombia, 
(3) remain in the country for three to five years. 

Students may also obtain an additional 10% discount if, upon returning to the country, they engage in employment for one year in the public sector, or as teachers or researchers in public or private institutions. Those pursuing Masters’ degrees in management or MBA programs are awarded only 25% scholarship of the loaned amount.

How to apply

For more details and how to apply, visit the COLFUTURO website, or contact COLFUTURO


Application deadline:28th February 2018
Duration of award:per year
Contact: COLFUTURO Office, Bogota -