Colfuturo is a Colombian non-profit organization whose main objective is to provide financial support and increase the possibilities for Colombian citizens to access high quality postgraduate study abroad.
The financial support model we use is a scholarship-loan. Colfuturo offers each student up to $50,000 per year for a maximum of two years. Students may be awarded scholarships for 50% of the loaned amount, with these three requirements: 1) be awarded their postgraduate degree; 2) return to Colombia; and 3) remain in the country for three to five years. Additional discounts are available for those who engage in employment for one year in the public sector, or as teachers or researchers in public or private institutions.
SIPA will provide partial matching funding for some Colfuturo recipients.