Any lingering concerns you may have about attending a university abroad are likely related to the exorbitant costs of going abroad and rising international tuition. However, there are an enormous number of financial options available to assist you in covering the costs.

At the best universities in the world, there are more than 800 fully financed masters scholarships available for 2022–2023 international students. These scholarships cover tuition, housing costs, health insurance, and travel expenses in addition to an average monthly stipend of $1000.

Learn about 20 amazing study abroad scholarships that you may be able to apply for: 

• Hungary Government Scholarship

International students can get a fully financed scholarship from the Hungarian government to pursue undergraduate, masters, and doctoral degrees at Hungarian universities. The Stipendium Hungaricum Scholarship will pay for tuition and a monthly stipend of HUF 43,700, monthly payment for housing. Other benefits include up to HUF 65,000 in medical insurance per individual every year.

• Institution: Hungarian Universities
• Study in: Hungary
• Level of Study: Undergraduate/ Masters / PhD

• Chinese Government Scholarships

The Chinese Government Scholarship has complete sponsorship. At more than 280 Chinese Universities, this scholarship is accessible for masters and PhD programmes. The Chinese Government Scholarship includes housing, fundamental health insurance, and a monthly stipend of up to 3500 Yuan.

• Institution: Chinese Universities
• Study in: China
• Level of Study: Masters / PhD

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• Yale University Scholarships USA

International students might get the Yale University Scholarship. It is completely financed. Undergraduate, graduate, and PhD students are all eligible. The average need-based Yale scholarship is over $50,000, but it can range from several hundred dollars to over $70,000 a year.

• Institution: Yale University
• Study in: USA
• Level of Study: Undergraduate / Masters / PhD

• Westminster Full International Scholarship

You must be an international applicant from a developing country and hold a full-time offer from the institution to be eligible for a full scholarship to study abroad at the University of Westminster in the UK. Therefore, you must find out if your nation is considered developing. Academic achievement, financial necessity, and development potential are taken into consideration while awarding these scholarships.

• Institution: University of Westminster
• Study in: UK
• Level of Study: Masters

• Fulbright Scholarships USA

International students can receive fully financed scholarships through the Fulbright Program. These scholarships are exclusively available for graduate and doctoral programmes. The complete cost of education, a living stipend, full housing costs, flights, and health insurance are all covered.

• Institution: USA Universities
• Study in: USA
• Level of Study: Masters / PhD

• DAAD Scholarship Germany

The DAAD Scholarship has full funding. Only graduate or doctoral students at the best German universities may apply. For graduates and doctoral candidates, this scholarship provides monthly payments of 850 and 1,200 euros, respectively.

• Institution: German Universities
• Study in: Germany
• Level of Study: Masters / PhD

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• Chevening Scholarship UK

International students can apply for the fully funded Chevening Scholarship. Only master’s degree studies in any field are eligible for this scholarship. The Chevening Scholarship pays for living expenses, a return economy-class flight to the UK, as well as supplementary grants and allowances for other necessary expenses.

• Institution: UK Universities
• Study in: UK
• Level of Study: Masters

• Government of Brunei Darussalam Scholarship

A fully financed scholarship for international students is offered by the government of Brunei Darussalam. For undergraduate and graduate studies, this scholarship is available. The 650 BND monthly stipend, housing, and tuition fee waiver all come along with this scholarship.

• Institution: Various Universities
• Study in: Brunei Darussalam
• Level of Study: Undergraduate / Masters 

• Adelaide Scholarships International

The University of Adelaide in Australia provides overseas postgraduate students with scholarships that cover tuition, health insurance, and a stipend. The scholarship is available for a total of three years for PhDs and two years for masters degrees. You must possess the equivalency of an Australian first-class honours degree to be eligible.

• Institution: University of Adelaide
• Study in: Australia
• Level of Study: Masters / PhD

• MEXT Scholarship Japan

International students may apply for the fully sponsored MEXT Scholarship. This scholarship is offered for undergraduate, graduate, doctoral, and training programmes. The MEXT scholarship will pay for your tuition, housing, monthly living expenses, and your round-trip flights from your nation to Japan.

• Institution: Japanese Universities
• Study in: Japan
• Level of Study: Undergraduate / Masters / PhD

• Bangkok Government Scholarship

Bangkok Government Scholarships are 100% financed. Only master’s and doctoral degrees are eligible for these scholarships. The full cost of school, a monthly stipend, and housing (16.000 Baht.) are all covered by this scholarship.

• Institution: Chulalongkorn University
• Study in: Thailand
• Level of Study: Masters / PhD

• International Leader of Tomorrow Award at the University of British Columbia

Undergraduate scholarships are available to overseas applicants at the University of British Columbia in Canada based on academic achievement and financial need. You must be an international student, not already hold an undergraduate degree, have a strong academic record, show financial need, and be an international student in order to qualify.

• Institution: University of British Columbia
• Study in: Canada
• Level of Study: Undergraduate

• University of Alberta Scholarship Canada

Canadian citizens and all international students are invited to submit applications for scholarships at the University of Alberta. The brightest applicants are encouraged to submit their applications, especially those who want to pursue undergraduate, master’s, or doctoral degrees. For eligible and talented students, the university offers a variety of scholarships. Additionally, the university offers completely paid scholarships.

• Institution: University of Alberta
• Study in: Canada
• Level of Study: Undergraduate/ Masters / PhD

• Stanford University Scholarship Program – Knight Hennessy Program

The Knight Hennessy Scholarship Program is a fully funded scholarship programme for American citizens wishing to pursue a master’s, doctorate, MS, MBA, MFA, MD, or Juris Doctor degree. It is open to all international students from around the world.

• Institution: Stanford University
• Study in: United States
• Level of Study: Masters / PhD / MBA / MFA / MD / JD

• Victoria University Wellington Scholarship New Zealand

The Tongarewa Scholarship at Victoria University of Wellington is available to all international students from all over the world. Students who wish to pursue a Masters or PhD in New Zealand are eligible. The scholarship is offered for the academic year 2022–2023.

• Institution: Victoria University of Wellington
• Study in: New Zealand
• Level of Study: Masters / PhD 

• University of Toronto Scholarship Canada

All domestic and foreign students from all around the world are qualified to apply for the University of Toronto’s scholarships. The university has many fully-funded scholarships available for all students. Candidates who intend to pursue an undergraduate or graduate degree in Canada can submit an application.

• Institution: Toronto University
• Study in: Canada
• Level of Study: Bachelors / Masters 

• Oxford University Clarendon Scholarship UK

All international students from all countries are eligible to apply. Students wishing to pursue their Masters or PhD in a European country may apply for scholarships through the University of Oxford. The Clarendon Scholarship is fully funded and will pay all costs. Applying for the scholarship doesn’t require paying any fees.

• Institution: Oxford University
• Study in: United Kingdom
• Level of Study: Master / PhD

• Koc University Turkish Scholarship Turkey

Koc University accepts applications for its Turkey Scholarship from all international students. The Koc University Scholarship is available to people who wish to pursue a masters or doctoral degree in Turkey. For the most brilliant individuals, this is an exceptional chance to study for free at a Turkish university.

• Institution: Koç University
• Study in: Turkey
• Level of Study: Masters / PhD

• Gates Cambridge University Scholarship UK

The Gates Cambridge Scholarship is entirely funded. It is open to all international students and US citizens who are not currently enrolled in a course of study in the UK. Students are urged to apply for the most prestigious scholarship if they wish to pursue their doctoral or masters degrees at Cambridge University in the UK. 

• Institution: Cambridge University
• Study in: United Kingdom
• Level of Study:  Masters / PhD 

• Doha Institute for Graduate Studies Scholarship Qatar

Fully funded scholarships are available at Qatar University. They are open to all domestic and foreign students from any region of the world. Application is suggested for those who intend to study for their masters degree in Qatar. This scholarship does not require the IELTS or TOEFL.

• Institution: Doha Institute For Graduate Studies
• Study in: Qatar
• Level of Study: Masters Degree

Conclusion

Do not undervalue the importance of applying to scholarships, whether you’re a student considering the future or a parent considering how to pay for college. 

College expenses might be partially or entirely covered through scholarships. If parents or students are looking for financial aid, it really could be a lifesaver.