The Annual Report of the Japan Scholarship Program (JSP) covers the period 1 January–31 December 2014 and presents the JSP’s activities, achievements, and success stories from students and alumni. The JSP was established in 1988 to give qualified citizens of developing member countries of the Asian Development Bank an opportunity to take postgraduate studies in economics, business and management, science and technology, and other development-related fields at 29 educational institutions in 10 countries in Asia and the Pacific. Between 1988 and 2014, Japan contributed around $155 million to the JSP. A total of 3,258 scholarships have been awarded to recipients from 37 member countries, with 1,173 of them being women. Of the total, 2,896 scholars have already completed their courses. An average of 150 scholarships are awarded each year.