MMMF Grant Contract

Grant recipients are required to sign a contract agreeing to the following:

  • If an MMMF grant recipient receives a grant from the World Bank Graduate Scholarship program in the same calendar year in which she receives an MMMF grant, her MMMF grant shall be rescinded
  • The MMMF expects grant recipients to return to their home countries or another developing country about two years after completing use of their grants and then to perform at least two years of service in their country or another developing country

As a condition of the grant, the recipient will agree to make a payment, equal to the full amount of her grant, to the MMMF if:

  1. The recipient does not return to her country or another developing country within about two years after completing use of the MMMF grant, or,
  2. the recipient does not complete the two years of service after completing her studies in the country where the grant was awarded.