How are partnerships funded?
There are a variety of funding models for partnership awards.
Partner universities most commonly offer a full tuition fee waiver with the FCO covering allowances, stipend, travel, engagement and enrichment programme as well as all other administration costs.
For private sector organisations, contributions often take the form of a fixed sum of either a flat rate or a percentage of the estimated total of an award.
Total costs vary depending on scholars’ course and university choice, but generally costs are split 50/50. The Chevening Secretariat invoices a partner for their contribution before the end of November each year for the agreed amount. University partners waive the tuition fees, with no invoice required.