Studying abroad has become increasingly popular, with over 1.3 million Indian students enrolled in foreign universities.
Most of these students are studying in countries like Canada, the United States, the United Kingdom, and Australia.
However, studying abroad can be very expensive, making it challenging for many middle-class families.
Scholarships provide a way to ease the financial burden and make this dream a reality. Let’s explore some of the top scholarships available.
Prodigy Finance $5,000 Scholarship
Prodigy Finance offers a $5,000 scholarship for students planning to study abroad next year.
To apply, students must submit their applications by September 30, 2024. The scholarship winners will be announced on October 15.
Applicants need to answer questions about how they plan to bring positive change to their community and the steps they will take to achieve this. A panel of judges will review the responses and select the recipients.
Commonwealth Masters Scholarship
The Commonwealth Masters Scholarship is aimed at students from low- and middle-income Commonwealth countries.
It covers full-time courses at universities in the UK, providing a round-trip air ticket, full tuition coverage, and a monthly living allowance of £1,378 to £1,690, depending on the location.
Applications are open for the next academic session, and students can apply now.
Inlaks Scholarship
Indian students pursuing higher education can benefit from the Inlaks Scholarship, which provides financial assistance for studies in the UK, Europe, and the US.
The scholarship offers up to $100,000, covering tuition fees, living expenses, one-way travel, and health allowances. This scholarship is not available for postgraduate, master’s, or PhD programs.
JN Tata Endowment
The Tata Group offers the JN Tata Endowment to support Indian students pursuing higher education abroad.
Financial aid ranges from ₹1 lakh to ₹10 lakh, with a simple interest rate of 2% on the loan amount.
However, students may be eligible for interest discounts. This scholarship is available for postgraduate, PhD, and postdoctoral programs. Applications typically open in January.
