Is It Possible To Obtain A Fully-Funded Scholarship For International Education?
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Several international universities offer free courses in various fields, such as business management, law, and public administration. This is a great opportunity for those who want to study abroad without any financial outlay.
However, studying abroad cannot be absolutely free of cost. While affordable universities don’t charge tuition fees, they do have small administrative fees. For example, in the UK, administrative fees for a Master’s range from £7,000 to £36,000 per year (INR 7 to 36 lakhs) & £9,250 (INR 980019) per year for an undergraduate degree. These fees cover services such as student support, registration, and use of university facilities.
Some countries offer full or partial tuition waivers, while others provide stipends for living expenses. Not all countries or universities offer 100% scholarships or tuition waivers, but they do make education more affordable.
Why do Universities Provide Free Education To International Students?
Universities provide affordable or free education for international students for several key reasons:
1. Diversity and Cultural Exchange: Hosting students from diverse backgrounds enriches the campus environment, fostering cultural exchange and broadening perspectives for all students and faculty.
2. Global Reputation: Offering affordable or free education enhances a university’s global reputation, attracting top-tier talent worldwide and elevating its international rankings.
3. Talent Acquisition: By admitting international students, universities can access a wider pool of talent, leading to innovative research and significant academic advancements.
4. Soft Power and Diplomacy: Countries and their universities may use affordable education as a form of soft power, fostering goodwill and strengthening diplomatic relations with other nations.
5. Economic Benefits: International students often contribute substantially to the local economy through living expenses, travel, and other expenditures, thereby providing an economic boost to the host country.
6. Funding and Grants: Some universities receive government funding or grants specifically earmarked for supporting international students, enabling them to offer reduced or waived tuition fees.
7. Academic Collaboration: Hosting international students can lead to increased academic collaboration and partnerships with institutions in other countries, benefiting research and educational initiatives.
Is It Possible To Obtain A Fully-Funded Scholarship?
Yes, it is possible to obtain a fully-funded scholarship, however you have to compete rigorously for it. We elaborated on this point.
There is often confusion among students regarding the distinction between full-ride and full-tuition scholarships, despite their apparent interchangeability. The primary disparity lies in their coverage: full-ride scholarships encompass not only tuition fees but also accommodation, insurance, airfare, and additional expenses necessary for attending university. Consequently, these scholarships incur higher costs and are typically awarded initially for one academic year, renewable contingent upon the student’s ongoing eligibility. They represent a minority share to ensure a financially unburdened and gratifying college experience.
On the other hand, full-tuition scholarships strictly cover the cost of tuition alone, excluding supplementary expenses such as accommodation, laboratory fees, and travel costs. These scholarships are comparatively more prevalent and generally extend their coverage throughout the entirety of the academic program.
Thus, while full-ride scholarships offer comprehensive financial support, full-tuition scholarships focus solely on covering the educational expenses directly associated with tuition fees.
If you want to know more about the full-ride scholarships contact Ixora Global at: contactus@ixorainternational.in or leave a WhatsApp message at +919091011101.
List of Fully-Funded Scholarships for International Education
Here are few of the fully-funded scholarships for your study abroad journey:
1. UNSW Scholarship:
– Funded by UNSW.
– For master’s or PhD programs at the University of New South Wales.
– Available for arts, business, engineering, law, medicine, and sciences.
– Covers full tuition fees and provides a living allowance of AUD 37,684 per year.
– Details are available on the HDR Scholarships page at UNSW.
2. Chevening Scholarship:
– Funded by the UK’s Foreign, Commonwealth and Development Office and partners.
– For one-year master’s courses in the UK.
– Covers full tuition fees and offers networking opportunities.
– More information on the Chevening Scholarship page for Indian applicants.
3. Manaaki New Zealand Scholarships:
– Includes full tuition fees.
– Provides NZD 531 per week, an establishment allowance of NZD 3000, and covers medical insurance, tutoring costs, and travel expenses.
– Details available for Manaaki New Zealand Scholarships.
4. Australia Awards Scholarships:
– Administered by Australia’s Department of Foreign Affairs and Trade.
– For full-time undergraduate and postgraduate study in Australia.
– Covers tuition fees, airfare, living expenses, and more.
– Note: Indian students are ineligible; details for Bangladesh, Myanmar, Nepal, and Sri Lanka applicants are on the Australian government website.
5. Vantage One Excellence Awards:
– Offered by Vantage College, University of British Columbia.
– Covers full tuition fees and living expenses.
– Requires leadership skills and extracurricular achievements.
– Information is available on UBC’s International Scholars webpage.
6. Karsh International Scholars Program:
– Funded by Martha L. and Bruce A. Karsh.
– For Duke University applicants demonstrating financial need.
– Covers tuition, accommodation, and additional needs.
– More details on Duke University’s official website.
7. Rhodes Scholarship:
– For full-time postgraduate study at the University of Oxford.
– Covers course fees, an annual stipend, flights, visa fees, and health surcharge.
– Details at the Rhodes Trust website.
8. Lester B. Pearson International Student Scholarships:
– Offered by the University of Toronto.
– For exceptional undergraduate students showing leadership potential.
– Approximately 37 scholarships are awarded annually.
– More information on the Lester B. Pearson Scholarships webpage.
9. Gates Cambridge Scholarship:
– 80 scholarships for University of Cambridge students.
– Covers tuition, living allowance, visa, and travel costs.
– Focus on leadership and community impact.
– Visit the Gates Cambridge Scholarship website for details.
10. Erasmus Mundus Joint Masters:
– Offers study opportunities across European universities.
– Full scholarship includes travel, visa expenses, and living allowance.
– Courses typically last 1 to 2 years.
– Details available for Erasmus Mundus Joint Masters.
For additional study abroad scholarships, explore options such as Commonwealth Scholarships, Royal Society Grants, Tata Scholarship at Cornell University, Fulbright-Nehru Master’s Fellowships, Inlaks Shivdasani Foundation Scholarships, and various university-specific scholarships tailored for Indian international students. These scholarships provide partial to substantial support for your educational journey abroad.