Sampoerna Foundation Overseas MBA Scholarship 2010 Intake. General Information. Application deadline is February 1, 2010.

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1 Sampoerna Foundation Overseas MBA Scholarship 2010 Intake General Information Sampoerna Foundation Overview Sampoerna Foundation is a professional philanthropy organization and a service provider for Corporate Social Responsibility with a commitment to education. It was established in 2001 in response to the urgent need to improve the quality of education in Indonesia. Sampoerna Foundation Overseas MBA Scholarship The Sampoerna Foundation Overseas MBA Scholarship is a means to groom Indonesia s future business leaders. Sampoerna Foundation provides one (1) scholarship to pursue a Master s of Business Administration degree at leading university overseas. Upon completing the program, the scholarship recipient is required to return to Indonesia and endeavor to transfer his/ her knowledge to his/ her fellow citizens. Application deadline is February 1, Sampoerna Foundation Overseas MBA Scholarship consists of the following options: No. Name of Scholarship 1. Sampoerna Foundation MBA in the USA 2. Australian Education International Sampoerna Foundation MBA in Australia 3. Ambassade de France en Indonésie Sampoerna Foundation MBA in France 4. British Council Sampoerna Foundation MBA in the UK 5. Singapore Education Sampoerna Foundation MBA in Singapore CONDITIONS OF AWARD The information contained in this document is intended for the Sampoerna Foundation Overseas MBA Scholarship, pertinent to the 2010 Intake only. I. Basic Eligibility Applicant must satisfy ALL of the following conditions: 1. Indonesian citizen who is under 35 years of age when lodging the application. 2. Hold a local Bachelor s degree from any discipline with a minimum Grade Point Average of 3.00 (on a 4.00 scale). 3. Have a minimum of 2 year full-time professional work experience after the completion of the undergraduate degree. 4. Currently did not enroll in graduate or post-graduate program, or obtained a Master s degree or equivalent. 5. Did not graduate from an overseas tertiary institution, unless was on a full scholarship. 6. Do not receive other equivalent award or scholarship offering similar or other benefits at the time of the award. Sampoerna Foundation Overseas MBA Scholarship 2010 Intake - General Information Page 1 of 5

2 7. Has applied to the university(ies) that are recommended by Sampoerna Foundation for the academic year 2010/2011 by the closing date of this scholarship application (February 1, 2010). 8. Submit the result of TOEFL/ IELTS and GMAT with the minimum score as required by the chosen university. 9. Have motivation to return to Indonesia and work in Indonesia upon completion of the MBA program. II. Further Requirements Applicant also must: 1. Demonstrate leadership potential and interest in and commitment to community and national development. 2. Meet the requirements for obtaining a student visa of the designated country upon acceptance of the scholarship. 3. Comply with the application of the scholarship rules and regulations as stipulated by Sampoerna Foundation, partner institution for each respective program, and the university. III. Nature of award 1. The scholarship covers the following: o GMAT and TOEFL/ IELTS reimbursement, one time only, based on original invoice; o University application fee, for up to 2 (two) universities; o Student visa application fee; o Return airfares from Jakarta to the place of study; o Tuition fees, for the duration of study; o Living allowance, to support living costs during period of study; o Literature allowance, to purchase textbooks required for study. 2. The scholarship is intended for full-time/ regular class study only. 3. Scholarship recipient is not permitted to undertake any form of employment at any time during the course of study. IV. Duration of Award 1. The scholarship is provided for a maximum of 2 (two) years, or otherwise as stated by the university. 2. The scholarship recipient is obliged to complete his/ her study within 2 (two) years. Failure to complete the study within this timeframe will result in a penalty imposed whereby the scholarship recipient must return 50% of the total amount of scholarship fund already disbursed. 3. Continuation of scholarship is subject to the scholar s satisfactory academic and non-academic progress. V. Employment There is no obligation for the scholarship recipient or Sampoerna Foundation to engage in any form of future employment. Sampoerna Foundation does not oblige scholarship recipient to work for Sampoerna Foundation and its affiliates or supporting organizations. However, upon completion of study, the scholarship recipient is required to return and work in Indonesia for 5 (five) consecutive years to contribute the skills and knowledge gained from the MBA study for the development of the country. VI. Penalties 1. Sampoerna Foundation will impose penalties for non-compliance with scholarship terms and conditions, including but not exclusive to academic and non-academic performance and participation in mandatory activities. Penalties may be in the form of reduction of funding, suspension of funding, or termination of scholarship funding. 2. Should the scholarship recipient decide to withdraw from the scholarship scheme, any funds already disbursed by Sampoerna Foundation as part of scholarship coverage must be fully repaid by the scholarship recipient. Sampoerna Foundation Overseas MBA Scholarship 2010 Intake - General Information Page 2 of 5

3 VII. Termination 1. The scholarship will be immediately terminated if: o The scholarship recipient proves to have forged information in his/ her application form; or, o The scholarship recipient is dismissed from the study program or expelled from the university; or, o The scholarship recipient is involved in any illegal or criminal activities. 2. The scholarship will be terminated if the scholarship recipient does not pass the academic and non academic evaluation conducted by Sampoerna Foundation every 6 (six) months and fails to improve his/ her performance within the given probation period. VIII. Alumni Contribution Scheme "What goes around comes around". This expression highlights that we are all a part of a community. When we use the term community, we can mean our family, our neighborhood, our company, our city, our country, and even "the global village" as the late architect Buckminster Fuller once said. We are all part of a community. As a member of the community, we help each other in order for all of us to grow as individuals as well as a group of people. We grow in professional terms and, of course, personally. It is this principle of a larger community which helps each other helps themselves that has shaped the vision of the Sampoerna Foundation. As a part of the community of the Sampoerna Foundation, we look upon each of you, as an individual and as a collective body to help Sampoerna Foundation fulfill its mission to further educate our fellow Indonesians as many as possible and ensure that we will thereby contribute to the building of Indonesia as a nation to stand strong on its own and yet also be an integral part of "the global village". Let us join hands and continue to build this vision. How can we do this? Through join together in contributing fund upon graduation. This fund is a vehicle that enables those of us who have benefited from a Sampoerna Foundation scholarship to further enable other Indonesians to also benefit as you have to better ourselves as individuals and as a nation. Through this scheme Sampoerna Foundation encourages and supports you to become future donor and philanthropist. As a scholarship recipient, you will have an opportunity to enjoy better education. What better way to extend the same opportunity to other deserving scholars in our future generation? What better way to strengthen our "community", however you define it? What better way to apply the principles of good will, fellowship, and scholarship? The way? After graduation, you will be an active part of the Sampoerna Foundation community, as a part of this community; you will communicate and cooperate among yourselves to keep the dream alive. Together, you and your colleagues will help ensure that sufficient funding can provide scholarships for individuals such as yourself in the next generation. The full scholarship s worth is approximately between USD 70,000.- to USD 150,000.- per student, depending on the country and university, for the duration of study. Each Sampoerna Foundation Overseas MBA scholarship recipient is required to contribute on monthly basis between USD (three hundred US dollars) to USD (seven hundred US dollars), or 5% (five percent) of his/her total net salary / income, whichever is lower, for twenty five years. The alumni contribution scheme will apply starting from 6 (six) months after the alumni returns to employment upon graduation. Alumni are also encouraged to perform fund-raising activities individually or collectively to contribute to the fund. Collected contributions will be managed jointly by Sampoerna Foundation and appointed representatives of the Sampoerna Foundation Overseas MBA scholarship program alumni. Let's keep the dream alive. We need your support for the sake of our future. Sampoerna Foundation Overseas MBA Scholarship 2010 Intake - General Information Page 3 of 5

4 IX. General Procedures Application package can be downloaded at Sampoerna Foundation's website: Interested applicants who meet the requirements must complete and return the application package (application form & reference form) by the deadline (February 1, 2010) to Sampoerna Foundation office: Sampoerna School of Education Building Jl. Kapten Tendean No.88 C, 5 th Floor Jakarta Selatan 12710, Indonesia When submit the application package, please write the name of the program at the top right corner of the envelope. Sampoerna Foundation will consider complete applications only, and will notify the short-listed applicants to attend the continuing stages of the selection process. When applicable, the supporting documents must be certified by university (for school transcripts), public notary or other relevant authorized parties/ individuals as true copy of the original. Please do not send any original documents. Sampoerna Foundation will not be responsible for handling and returning original documents, but does reserve the right to request the provision of original documents if necessary. X. Timeline Stage Timeline Application Deadline February 1, 2010 Paper Selection and Announcement of Results 4 th week of February 2010 Panel Interview, Group Discussion, Psychology Profiling and Home Visit 1 st week of March 2010 Deadline for Candidates to Report University Admission Status to 2 nd week of April 2010 Sampoerna Foundation Final Review 3 rd week of April 2010 Winners' Announcement 4 th week of April 2010 Departure preparation: passport, student visa, ticket 2 nd week of May 2010 Master s Program Starts July 2010 *This is a tentative schedule and subject to change without prior notice XI. Additional Information A. List of Universities Sampoerna Foundation recommends the 2010 scholarship applicants to apply for admission to any of the following universities: Sampoerna Foundation MBA in the USA Scholarship 1. Harvard University - Boston, MA 2. Stanford University - Stanford, CA 3. Northwestern University (Kellogg) - Evanston, IL 3. University of Pennsylvania (Wharton) - Philadelphia, PA 5. Massachusetts Institut of Technology (Wharton) - Cambridge, MA 5. University of Chicago (Booth) - Chicago, IL 7. University of California-Berkeley (Haas) - Berkeley, CA 9. Columbia University - New York, NY 10. Yale University - New Haven, CT * Reference: USNews: America s Best Graduate Schools 2009 ( Sampoerna Foundation Overseas MBA Scholarship 2010 Intake - General Information Page 4 of 5

5 Australian Education International Sampoerna Foundation MBA in Australia Scholarship 1. Australian Graduate School of Management 2. Melbourne Business School Ambassade de France en Indonésie Sampoerna Foundation MBA in France Scholarship 1. INSEAD British Council Sampoerna Foundation MBA in the UK Scholarship 1. London Business School 2. University of Cambridge (Judge) 3. University of Oxford (Said) Singapore Education Sampoerna Foundation MBA in Singapore Scholarship 1. National University of Singapore 2. Nanyang Technological University Prospective applicants are advised to directly contact the universities to find out about the admission process and requirements for an enrolment. Applicants inquiries about the scholarship (requirements, conditions, coverage, etc.) should be directed to Sampoerna Foundation: ( ext.7153/ B. Further Information TOEFL The Indonesian International Education Foundation (IIEF) Tel Website: GMAT Universitas Indonesia, Salemba Phone: Universities in Australia Australian Education Centre Phone: Website: Universities in UK British Council Phone: Website: Universities in France CampusFrance Phone: Website: Universities in Singapore Singapore Education Phone: / 2279 Website: Sampoerna Foundation Overseas MBA Scholarship 2010 Intake - General Information Page 5 of 5