Tuesday, November 27, 2018

VSB Fund Study and Research Scholarship for Dutch Students

The VSBfonds foundation is a Dutch charity organization that supports cultural and social initiatives. The VSB fund originated from the VSB Bank. In the nineteenth century Nutsspaarbanken, the later VSB Bank, was established by the Company to Nut of General in the Netherlands. Achieving profit was not the main goal for these banks. In 1990, the VSB Bank merged with Amev, and the owner Stichting VSB received an extensive shareholding in a concern that would later be called Fortis. The VSB Foundation was renamed Stichting VSBfonds and uses the dividend on its shareholding to support cultural activities in the Netherlands.

The VSB Vermogensfonds Foundation was created at the end of 2007 by a split of Stichting VSBfonds. VSB Vermogensfonds owns and manages the fund assets from which VSBfonds makes payments for the realization of the social objectives. The Equity Fund had 52 million Fortis shares (2% of the outstanding shares), but in the beginning of 2009 they sold their last shares of Fortis. Due to the fall in prices in 2008, the total value of the fund's assets fell from around 2 billion to 900 million euros. The fund has therefore reduced the annual budget for donations to the VSB fund from € 60 million to € 30 million. After deduction of organizational costs, VSBfonds has an annual donation budget of € 26 million available.

The social initiatives are divided into the two categories "People & Society" and "Art & Culture". Every year, the fund also awards the VSB Poetry Prize. The head office is located in Utrecht.

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Requirements:

You have Dutch nationality.
You complete a bachelor’s or master’s program at a Dutch university college or university with which VSBfonds cooperates.
Your foreign study or research is additional to your studies.
Your graduation date is between 1 March 2018 and 31 December 2019.
Your foreign study or research does not start before 1 July 2019.
Your foreign study or research is a deepening or broadening of your Dutch education and may not be part of the curriculum of a Dutch study program. The scholarship is not intended for internships.
Your study results are more than sufficient, but selection mainly takes place on what you did next to your studies and on the involvement with your environment.
The foreign study or research period lasts for a minimum of 3 and a maximum of 24 consecutive months.
You conduct your studies or research at a college or university that is recognized by the government of that country or has a good reputation.

Benefits:

The final amount of the scholarship, up to a maximum of € 10,000, depends on your study plan and budget.
The maximum amount is only paid to students who are going to do a study or research of 2 academic years. A maximum of € 7,000 applies to all other studies, examinations and study programs.