Photographers under age 24 and those enrolled as full-time photography students can apply for the scholarship.
The Ian Parry Scholarship aims to help young documentary photographers undertake a chosen project and raise their international profile.
This year's contest features two prizes: the Award for Achievement and the Award for Potential. Each winner will receive US$3,500, Canon photo equipment and more.
World Press Photo automatically nominates the Achievement winner for its Joop Swart Masterclass in Amsterdam. The Potential winner will receive one year of mentorship from a veteran photojournalist.
There is no entry fee. The deadline to apply is July 5.