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United States

United States

Over $6 billion in scholarships and grants are awarded to international students annually.

United Kingdom

United Kingdom

The Chevening Scholarship provides full funding for over 1,500 students each year.

Canada

Canada

The Canadian government offers more than $15 million in scholarships for international students.

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NYU Stern School of Business
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I got in touch with Anchal regarding financing options as I head for an MBA at Stanford. She helped me get to know about all the available options with utmost patience. In the end, I was able to get a highly competitive interest rate with her help, which turned out to be the best option available in the market!

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Stanford Graduate School of Business
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Ganesh was my case manager at Nomad Credit. He helped me secure 2 student loans, 1 for each year of my MBA at UCLA Anderson. It is not always straight forward for international students to get student loans in the US, but Ganesh walked me through the whole process step by step, making it as stress free as possible. Highly recommended!

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UCLA Anderson School of Management
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Nomad Team helped me get the best possible option for my financing needs. They made sure that I got the most updated and consistent information to make the right decision towards the most important aspect of my studies i.e. money management. They were always there to help me and have a great attitude towards helping others.

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UVA Darden School of Business
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San Jose State University
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Frequently Asked Questions

About Study Abroad Scholarships

How to get a scholarship to study abroad?

Start early, stay organized, and apply strategically. Follow these steps to improve your chances:

  • Choose your destination, nationality, and degree type
  • Research scholarship options as early as possible
  • Carefully review eligibility criteria
  • Prepare all required documents in advance
  • Write a compelling Statement of Purpose (SOP)
  • Apply to multiple scholarships (aim for 5–10)
  • Track and meet every application deadline

Do I need IELTS/TOEFL for scholarships?

In most cases, yes—but not always.

Many scholarships require proof of English proficiency. For programs in countries like the US, UK, Canada, and Australia, IELTS or TOEFL scores are commonly expected. However, there are exceptions:

  • Medium of Instruction (MOI): If your previous degree was taught in English, some universities accept an official MOI letter instead of IELTS/TOEFL.
  • Duolingo English Test: Some universities, particularly in the US, now accept Duolingo as an alternative.
  • Non-English-speaking countries: Scholarships in countries such as Germany, Japan, China, or Turkey may require proficiency in the local language or no test at all if the program is taught in English.

Always check the specific language requirements of each scholarship—requirements vary, so don’t assume.

Which countries offer the most scholarships?

Several countries fund a large number of international students every year through government and university programs:

  • United States: Offers thousands of scholarships through universities and government programs like the Fulbright Program. Strong availability across undergraduate, master’s, and PhD levels.
  • United Kingdom: Prestigious fully funded programs such as Chevening Scholarships and Commonwealth Scholarships attract students globally.
  • Germany: The DAAD funds tuition, living expenses, and travel. Additionally, many public universities have low or no tuition fees even without scholarships.
  • Australia: The Australia Awards program provides fully funded opportunities, particularly for students from developing countries.

The US, UK, Germany, and Australia consistently offer the highest volume of scholarship opportunities, but eligibility and competition vary by program.

What types of scholarships are available for studying abroad?

Students can apply for a wide range of scholarships, including:

  • Merit-based scholarships (based on academic performance or achievements)
  • Need-based scholarships (financial background)
  • Country-specific scholarships (for students from particular nations)
  • Program-specific scholarships (for certain courses or fields of study)
  • University-funded scholarships
  • Government-funded scholarships
  • Private or external scholarships offered by organizations or foundations

Can Indian students get a 100% scholarship to study abroad?

Yes, fully funded scholarships are available, but they are highly competitive. Selection is usually based on:

  • Excellent academic performance
  • Strong standardized test scores (such as GRE or GMAT, if required)
  • Research experience or extracurricular achievements
  • Financial need (for some scholarships)

How early should I start applying for study abroad scholarships?

Ideally, start 12–18 months before your intended intake. Many major scholarships have application deadlines earlier than university admission deadlines, so early planning is essential.

What GPA or academic score is required for scholarship eligibility?

Requirements vary, but generally:

  • Many universities consider 70% or a 3.0 GPA and above
  • Highly competitive scholarships may require 3.6 GPA or higher, along with:
    • A strong Statement of Purpose (SOP)
    • Academic or professional achievements
    • Leadership or extracurricular involvement

Do I need IELTS or TOEFL scores to apply for scholarships abroad?

Yes. Most countries such as USA, UK, Canada, Australia, and Europe require English proficiency test scores in case they want to be considered for a scholarship.

Which countries offer the most scholarships to international students?

The USA, UK, Canada, Australia, Germany, Ireland, and New Zealand offer the highest number of scholarships for Indian students.

Can I get scholarships without GRE, GMAT, or SAT?

Yes. Many universities now offer scholarships based on CGPA, projects, SOPs, and extracurriculars instead of standardized tests.

Are there scholarships for students with low academic scores?

Yes. Not all scholarships are purely based on academic performance.

Some universities offer profile-based or diversity scholarships that consider factors such as leadership, extracurricular achievements, background, or special talents. In addition, many countries and institutions provide entry-level bursaries to help international students with basic financial support.

Can I apply for multiple scholarships at the same time?

Absolutely.

Many students apply for and combine different funding sources to reduce overall costs. This may include:

  • A university scholarship
  • External or private scholarships
  • Departmental or program-specific funding (where permitted)

Always review the terms of each scholarship to ensure combining funds is allowed.

Do scholarships cover living expenses or only tuition?

It depends on the scholarship type.

  • Partial scholarships may cover tuition only
  • Extended scholarships may cover tuition plus a living stipend
  • Fully funded scholarships may include tuition, accommodation, meals, and travel expenses

Always check what expenses are covered before applying.

Scholarships are a great way to reduce financial stress while studying abroad. Learn more about study abroad scholarships, their application procedure, eligibility, required documents, and more.

What is an Education Scholarship?

A scholarship is a form of financial aid awarded to students who are planning to study to help support their education. The scholarship is often awarded based on merit, financial need, or other achievements.

While studying abroad, overseas education scholarships are a way to make top universities accessible to students who otherwise would not be able to afford them. Scholarships for students studying abroad often cover tuition, living expenses, and more. Scholarships also prevent future debt and allow students to focus on their studies.

In recent years, scholarship opportunities have expanded and are offered to students from diverse backgrounds. We, at Nomad Credit, understand the struggle and strive to provide expert guidance and personalized solutions to help secure international scholarships for Indian students as well as international students.

Types of Education Scholarships

Scholarships are divided into various categories, with merit-based and need-based being the most common types. Here are some of the types of study abroad scholarships:

Type of ScholarshipEligibility Criteria
Merit-BasedBased on academic performance, test scores, or achievements
Need-BasedBased on financial need or family income
AthleticBased on the student’s athletic ability and participation in competitive sports
Field SpecificOften awarded based on pursuing a specific area of study (STEM, MBA, Arts, Education, etc)
InstitutionalOffered by Colleges or Universities
Creative / UnusualBased on unique talents or creative contests

Merit-Based vs. Need-Based Scholarships: What’s the Difference?

Merit-based and Need-based are the most common types of study abroad scholarships. Here’s what you need to know about the scholarships:

DifferenceMerit-BasedNeed-Based
FocusBased on academic, athletic, artistic, or leadership excellenceBased on the financial needs of the student
Eligibility CriteriaRequires strong academic records, high test scores, or extracurricular achievementsRequires demonstrating the financial need of the student
Common RecipientsHigh-achieving students, top performersStudents from low-income or financially challenged backgrounds
RenewabilityMay require maintaining a particular GPAMay require continued demonstration of financial aid

How to Get Scholarship to Study Abroad?

Here’s a step-by-step guide on how to study abroad with a scholarship:

      Step 1: Do your research to find a scholarship that will benefit you.
      Step 2: Check if you satisfy the scholarship’s conditions such as grades, language, nationality, past achievements, and more.
      Step 3: Describe your accomplishments and create an essay (if required) outlining why you are right for the scholarship.
      Step 4: Learn about what is required in a good scholarship application and modify yours as necessary.
      Step 5: Seek out and try for multiple scholarships, since more chances mean you’re more likely to succeed.
      Step 6: Make sure to read and obey all the application guidelines, carefully check your application, and submit it.
      Step 7: Keep an eye on the scholarship application and monitor your results.

What are the Eligibility Requirements for Scholarships?

The criteria for qualifying for the scholarship differ from one scholarship to another. Scholarships each have their own set of eligibility requirements. Yet, these are some of the requirements you’re likely to encounter when applying for overseas education scholarships:

  • Academics: Most scholarships ask students to maintain and achieve a certain GPA.
  • Financial Need: Need-based scholarships often ask you to prove your income or to provide documentation to show that you are in financial need of the scholarship.
  • Program Enrollment: Some scholarships may be specific to certain programs, such as STEM, MBA, Nursing, or more.
  • Citizenship / Gender: There are several scholarships for Indian students based on their nationality, while some scholarships may prioritize women students.
  • Education Levels: Several scholarships are available for certain majors. The Next Genius University Scholarships are specifically designed for students seeking undergraduate scholarships abroad. On the other hand, programs like the Fulbright Fellowship or National Overseas Scholarship offer scholarships for graduate students.

What are the Essential Documents for Scholarship Applications?

To secure a scholarship successfully, you must have your documents prepared before applying. Here are some of the most common and essential documents required for scholarships abroad:

DocumentWhy Is It Required
Academic TranscriptsShows your academic history and performance
Proof of AdmissionConfirms that you have secured admission into the University
Letters of RecommendationProvides proof of your abilities and potential from trusted sources
Statement of Purpose (SOP) / EssayHelps the scholarship committee understand your goals, motivation, and how the scholarship will help
CV / ResumeOutlines your academic background and achievements to support your application
PassportVerifies your identity and eligibility to travel internationally
Proof of Language ProficiencyTo ensure that you understand the language required to finish your program
Financial DocumentsDemonstrates your need for financial support
Scholarship Specific Requirements (if required)Tailored documents to prove your suitability for the scholarship

What are the Common Mistakes to Avoid in Scholarship Applications?

While scholarships ease financial burden, students often tend to forget several things and make common mistakes, which can be easily avoided. Here are some of the common mistakes that you should avoid in your scholarship application:

Common MistakesHow You Can Avoid It
Missing DeadlinesCreate a calendar, set reminders, and seek the help of friends/family to complete the application
Not Following InstructionsCarefully read and thoroughly follow all the instructions
Incomplete or Incorrect InformationDouble-check your application and include all necessary documents and details that are required
Writing Generic EssaysEnsure that you are tailoring your essay according to the scholarship
Not ProofreadingUse spell check and grammar check tools to avoid grammar and spelling mistakes
Ignoring Eligibility CriteriaConfirm that you are meeting all the eligibility requirements; if not, try to fulfill them first before applying for the scholarship
Poor ReferencesChoose recommenders who know you well and who can highlight your strengths and accomplishments
Not Standing OutMake your application stand out by highlighting your achievements and skills
Not Demonstrating Financial NeedProvide details about your financial needs and situation
Not Asking for FeedbackHave someone else review your application before submitting
Applying for the Wrong ScholarshipsApply for scholarships that focus on your goals and financial needs

Top Country-Specific Scholarships for International Students

When you are looking for study abroad scholarships undergraduate or a scholarship abroad for master’s degree, it helps to know which opportunities are available in different countries. There are plenty of study abroad master’s scholarships out there for overseas education. Here’s a country-wise list of scholarships for students:

CountryTop Scholarship
USA
  • Fulbright Scholarship for Indian Students in USA – A prestigious scholarship for Master’s in USA
  • Chevening Scholarship – Scholarship for MBA in USA open to international students
  • AAUW International Fellowships – Scholarship for MS in USA for female international students
UK
  • Commonwealth Scholarship – Top scholarship for Master’s in UK for international students
  • Chevening Scholarship – Top scholarship for international students in UK
Canada
  • Vanier Canada Graduate Scholarships – Scholarship for international students in Canada pursuing Master’s or PhD
  • Ontario Graduate Scholarship (OGS) – Scholarship for Indian students in Canada for MS and MBA programs
Australia
  • Australia Awards Scholarship – Scholarships for international students in Australia covering full tuition
  • Destination Australia Scholarships – Scholarship in Australia for Indian students to study in regional institutions
Ireland
  • Government of Ireland International Education Scholarship (GOI-IES) – Top scholarship in Ireland for Master’s or PhD
  • The Walsh Fellowship – Top scholarship for international students supporting PG students
Germany
  • Expatrio Scholarship – Top scholarships in Germany supporting students from all countries at all levels of study
  • DAAD Scholarship – Scholarship for international students in Germany pursuing Master’s, PhD, and Postdoctoral Research
France
  • École Normale Supérieure (ENS) International Selection – Awarded to international students pursuing a Bachelor’s or Master’s in France
New Zealand
  • New Zealand Excellence Awards (NZEA) – Top New Zealand scholarship for international students funded by New Zealand Universities and Education New Zealand (ENZ)
  • Vice Chancellor’s International Excellence Scholarship for India – Top scholarship in New Zealand for Indian students
Dubai
  • Khalifa University Scholarships – Top fully funded scholarship in Dubai
  • UAE University Scholarships – Top Dubai scholarships for international students pursuing a Bachelor’s or Master’s degree

Searching for Other Ways to Fund Your Education?

Getting a scholarship opens doors to a world of opportunities while reducing financial burden. However, sometimes when luck is not on your side, there is a chance that you may not secure a scholarship. If you are unable to secure a scholarship, don’t worry, Nomad Credit can help you explore alternative funding options for your study abroad journey. Here’s how we help you in fulfilling your dreams:

  • Flexible education loan options starting from 3.47%
  • FREE admission counselling, college shortlisting, visa assistance, and SOP review from our top experts
  • Partnership with 20+ top lenders, helping you secure a loan
  • 500+ international university tie-ups with a 90% admission success rate
  • Over $200M loans secured – you’re in trusted hands
  • Loans up to 1.5 Crores with quick sanction within 72 hours*

Frequently Asked Questions

How can I get scholarships for international students in the USA?

To secure scholarships for international students in the USA, research for scholarships, and apply that meet your criteria. Explore scholarships from universities, the government, organizations, and foundations.

How can I get a fully funded scholarship to study in USA?

Maintain a strong academic record, craft compelling personal statements, and aim for a strong score on tests to secure a fully funded scholarship for USA.

How can I apply for a scholarship in Canada?

Check eligibility on scholarship website, prepare all the required documents, apply online through the scholarship websites, and meet deadlines to apply for a scholarship in Canada.

What are the CGPA requirements for scholarships for a Master’s in Canada?

For most scholarships for MS in Canada, you must secure a minimum CGPA of 3.0 out of 4.0. Some competitive Master’s scholarships in Canada may ask for 3.5 or 3.7 out of 4.0.

Who is eligible for scholarships for MBA in Canada?

To be eligible for scholarships for MBA in Canada, you must show academic achievements, strong GMAT/GRE scores, financial need, a well-written statement of purpose (SOP) or essay, and strong letters of recommendation.