Financial Guarantee

Financial guarantee for foreign universities:

One of the conditions for the candidate for scholarship to obtain admission to study in foreign universities is the existence of a financial credit that guarantees the educational institution in which he will join its financial dues, whether by bank guarantee or a letter from a government or private body. The university pays tuition fees for its scholarship students through the Ministry of Education represented by the Saudi cultural attachés in the scholarship countries. Thus, its employees are granted candidates for scholarship letters of financial guarantees to foreign educational institutions.

The financial guarantee is: a letter issued by the university in English that includes the name of the candidate for scholarship, the degree he wishes to study, the general and exact specialization, and the type of study (courses, or thesis ... etc) and the name of the country and the name of the educational institution, and clarifies the university's commitment to pay tuition fees, and all financial expenses needed by the scholarship student and his family members who accompany him at the mission headquarters. And that the party responsible for the scholarship and for paying the financial expenses is the Saudi Cultural Attaché in the country of scholarship and that all invoices are sent to the Attaché to be disbursed.

This letter is submitted by the candidate for scholarship to educational institutions abroad to obtain admission to study there. It also applies to the embassy of the country, which has obtained acceptance from one of its educational institutions, to obtain an entry visa (visa).

There are two types of letters of guarantee:

Important Note:

The scholarship candidate should ensure that the educational institution to be contacted is among the educational institutions recognized academically and recommended by the Ministry of Education in the specialization and stage he wishes to study (master's, doctorate or fellowship) and not closed or overcrowded with students and among the best (300) universities, except Australia, which is among the best (200) universities. According to one of the international rankings: (QS, The Times, Shanghai, US News).

Every person wishing to scholarship must take into account that the period between the start of the scholarship procedures and the date of the beginning of the study is sufficient to complete the scholarship and travel procedures, so that it is not less than six months as a minimum, according to the directives of the Ministry of Education ([1]).

Financial guarantee for Saudi universities:

Teaching assistants and lecturers are allowed to receive internal scholarships to public academic programs paid for by Saudi universities in Sharia specialties, Arabic language, and Saudi medical fellowships, and scholarships to King Abdullah University of Science and Purification (KAUST) only, provided that the program to be enrolled in is a general academic (non-parallel) and that the study is full-time and full regularity and with the regular education system, and the university bears the tuition fees for their enrollment in this program, if any.

They are granted financial guarantees to meet the admission requirements, by filling out the financial guarantee application form for the internal scholarship for that, and sending it to the Scholarships Department through a competency path with a letter by the Deanship of the College after being approved by the direct head and the head of the entity.