The scholarship, which is administered by the World Bank and funded by the Japanese government, offers early- and mid-career professionals full financial support.Its objective is to give future leaders the information and abilities they need to make significant contributions to institutional development, social advancement, and economic prosperity when they return to their home nations. Benefits: complete payment of the host university’s tuition. monthly living stipend that consists of: Accommodations Meals Books Expenses for general living round-trip tickets in economy class. a $600 USD per trip travel allowance. The university offers basic health insurance.