I. The Overseas Community Affairs Council (OCAC) provides scholarships with the intent of rewarding top and outstanding overseas compatriot students studying in Taiwan for a bachelor's degree. The two available scholarships are:
i. Top Overseas Compatriot Students Scholarship: NT$260,000 per academic year, renewable by review results, totaling NT$1.04 million over four years.
ii. Outstanding Overseas Compatriot Students Scholarship: NT$100,000 per academic year, renewable by review results, totaling NT$400,000 over four years.
II. The application eligibility is as follows:
i. Overseas compatriot students who have graduated from a high school or above, have achieved excellent academic performance, demonstrated good conduct, and meet the requirements of Article 2 of the regulations regarding Study and Counseling Assistance for Overseas Chinese Students to study for a bachelor's degree in Taiwan.
ii. Before the application deadline, the applicant's average academic performance is equivalent to that of all domestic senior secondary schools and above. The top scholarship score is 88 points, as the lowest score or within the top 5% of the class, and the outstanding scholarship score is 85 points, as the lowest or within 10% of the whole class, and the overall average conduct score is above 80 points.
iii. To cope with the different academic systems and performance evaluation methods in various countries, the overseas office that accepts the application and unit designated by OCAC shall submit the overall average academic grade conversion standard in accordance with the provisions of the preceding paragraph and send it to OCAC for reference; if there are no conduct grades, other related factors shall be used for performance evaluation.
III. The application and award process are as follows:
i. Apply to each country's ROC overseas missions in accordance with its announcement prospectus and application forms.
ii. The ROC overseas missions will conduct a preliminary review.
iii. The ROC overseas missions will submit the preliminary selection list, and after approval by OCAC, an official award letter will be issued and announced to the public.
iv. The ROC overseas missions will forward the official letter of the award to the award-winning student, who will then confirm the admission to the school and submit it to OCAC.
v. After the award-winning students come to Taiwan to register, the school they attend will submit the information of the award-winning students to OCAC, and OCAC will allocate scholarships and ask the schools to distribute the scholarships to the students.
IV. Eligibility for continuing to receive scholarship money:
i. Recipients should study for more than nine credits per semester during their studies. Top scholarship recipients should have an overall average academic grade of A or above 85 points; Outstanding Scholarship recipients should have an overall academic average of A- or 80 points or above, and an overall conduct average of 80 points (or same grade) or above.
ii. Those whose grades in the previous school year did not meet the current benchmark will not be allowed to apply. However, if grades in subsequent academic years reach the current benchmark, they may apply again.
iii. After the second academic year, award recipients should submit transcripts that meet the provisions of the preceding paragraph and apply to the school for renewal; the school should review the award recipient's eligibility to renew the award, submit the renewal review results to OCAC for review.
V. Joint Scholarship
In order to attract outstanding overseas students to study in Taiwan, OCAC has launched joint scholarship cooperation with colleges and universities. The schools will decide on their own to provide scholarship categories and quotas, and the winners must obtain approval from both OCAC and the schools.
Schools provide half of the scholarship amount, and a renewal review mechanism will be adopted while the awardees are in school.
