20 Fully-Funded Masters Scholarships to Aid Students in 2023

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Fully funded Masters Scholarship
Fully funded Masters Scholarship

Have you been searching for fully-funded masters scholarships? Search no more because we have got some available master’s scholarships to give you the financial aid you need.

A Master’s degree is a great way to improve your career prospects, A lot of people obtain a master’s degree for various reasons, some of the common reasons are; to gain promotion to a higher position in their jobs,  increase their earning potential, gain more knowledge in a particular field of study, etc.

No matter what your reason is, you can always get a fully-funded opportunity to do your masters abroad. Different governments, universities, and charity organizations aid students from all over the world with opportunities to pursue a Master’s degree Abroad, so cost shouldn’t prevent you from getting that Master’s degree you need abroad.

You can check out our article on the 10 Low-cost universities in Uk for Masters.

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What is a Fully-funded Master’s Degree?

You may want to know exactly what a Fully-funded master’s degree is.

A Fully-funded Master’s degree is an advanced degree awarded by universities around the world for completing graduate studies in a certain area.

The tuition fee and living expenses of the student obtaining this degree are usually covered by a university, charity organization, or a country’s government.

Most fully financed Master’s degree scholarships to aid students, such as those offered by the government cover the following: Tuition fees, Monthly Stipends, Health insurance, flight ticket, research allowance fees, Language Classes, etc.

A Masters’s degree provides several professional, personal, and academic benefits to students who have completed a Bachelor’s program.

Masters degrees are accessible in a wide range of disciplines, including the arts, business, engineering and technology, law, humanities, social sciences, biological and life sciences, and natural sciences.

Numerous practical specializations are available within specific disciplines within each of those branches of study.

How Long Does a Fully-Funded Master’s Degree Last?

Generally, a fully-funded master’s degree program normally lasts one to two years and prepares graduates for a job in their field of study.

The short time it takes to obtain a Master’s degree should encourage you to go ahead and get it. You can check out our article on the 35 short Master’s Programs to get.

The range of Master’s programs available can be daunting – but don’t let it deter you!

In this article, we have provided you with some of the best fully-funded scholarships out there.

List of the best Fully-Funded Masters Scholarships

Here are the 20 best fully-funded Masters scholarships:

20 Best Fully-funded Masters Scholarship

#1. Chevening Scholarships

The UK government’s global scholarship program offers this fully-funded Scholarship to excellent scholars with leadership potential.

Awards are often for a one-year Master’s degree.

The majority of Chevening Scholarships cover tuition, a set living stipend (for one person), an economy class return flight to the UK, and additional monies to meet necessary expenses.

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#2. Erasmus Mundus Joint Scholarship

This is a master’s level high-level integrated study program. The curriculum is designed and delivered by an international collaboration of higher education institutions from around the world.

The EU hopes to enhance the excellence and internationalization of partner institutions by financing these jointly recognized Master’s degrees.

Scholarships are available for students to participate in these esteemed programs; the masters themselves provide them to the best-ranked applicants globally.

Scholarships pay for a student’s participation in the program, as well as travel and living expenses.

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#3.  Oxford Pershing Scholarship

The Pershing Square Foundation awards up to six full scholarships each year to outstanding students enrolling in the 1+1 MBA program, which includes both the Master’s degree and the MBA year.

As a Pershing Square scholar, you will receive funding for both your Master’s degree and MBA program course expenditures. Furthermore, the scholarship pays at least £15,609 in living expenses throughout the course of two years of study.

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#4. ETH Zurich Excellence Masters Scholarship Program

This fully-funded scholarship supports outstanding overseas students pursuing a Master’s degree at ETH.

The Excellence Scholarship and Opportunity Programme (ESOP) gives a living and study stipend of up to CHF 11,000 every semester, as well as a tuition price reduction.

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#5. OFID Scholarship Award

The OPEC Fund for International Development (OFID) provides a fully-funded scholarship to qualified people planning to study for a Master’s degree at any recognized university in the world.

Tuition, a monthly stipend for living expenses, housing, insurance, books, relocation subsidies, and travel expenses are all covered by these scholarships, which range in value from $5,000 to $50,000.

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#6. Orange Knowledge Programme

International students can apply to the Orange Knowledge Programme in the Netherlands.

Students can use the funding to study Short Training and Masters-level programs in any field taught at Dutch universities. The deadline for scholarship applications is Varies.

Orange Knowledge Programme strives to help build a society that is both sustainable and inclusive. It provides scholarships to professionals in their mid-career in certain countries.

The Orange Knowledge Programme aims to promote individuals’ and organizations’ capacity, knowledge, and quality in higher and vocational education.

If you’re interested in getting a master’s in the Netherlands, you should see our article on How to Prepare for a Master’s Degree in the Netherlands for international students.

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#7. Clarendon Scholarships at the University of Oxford

The Clarendon Scholarship Fund is a distinguished graduate scholarship initiative at the University of Oxford that provides approximately 140 new scholarships to qualified graduate students each year (including overseas students).

Clarendon Scholarships are offered to graduate students at the University of Oxford-based on academic performance and promise in all degree-granting fields. These scholarships pay for tuition and college costs in full, as well as a generous living allowance.

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#8. Swedish Scholarships for International Students

The Swedish Institute provides full-time Master’s degree scholarships in Sweden to highly-qualified international students from developing countries.

The Swedish Institute Scholarships for Global Professionals (SISGP), a new scholarship program that will replace the Swedish Institute Study Scholarships (SISS), will provide scholarships to a wide range of master’s programs at Swedish universities in the Autumn semesters.

The SI Scholarship for Global Professionals seeks to train future global leaders who will contribute to the United Nations 2030 Agenda for Sustainable Development as well as good and sustainable development in their home countries and regions.

The scholarship covers tuition, living expenses, a portion of a travel stipend, and insurance.

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#9. VLIR-UOS Training and Masters Scholarships

This fully-funded fellowship is available to students from developing countries in Asia, Africa, and Latin America who aspire to pursue development-related training and master’s programs at Belgian universities.

Tuition, lodging and board, stipends, travel expenses, and other program-related fees are all covered by the scholarships.

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#10. Erik Bleumink Scholarships at the University of Groningen

The Erik Bleumink Fund generally provides scholarships for any one-year or two-year Master’s degree program at the University of Groningen.

The scholarship covers tuition, as well as international travel, meals, literature, and health insurance.

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#11. Amsterdam Excellence Scholarships

The Amsterdam Excellence Scholarships (AES) provide financial assistance to outstanding students from outside the European Union (Non-EU students from any subject who graduated in the top 10% of their class) who intend to attend eligible Master’s programs at the University of Amsterdam.

Academic excellence, desire, and the relevance of the chosen Master’s degree to a student’s future career are all factors in the selection process.

The following English-taught master’s programs are eligible for this scholarship:

  • Communication
  • Economics and Business
  • Humanities
  • Law
  • Psychology
  • Science
  • Social Sciences
  • Child Development and Education

The AES is a complete scholarship of €25,000 that covers tuition and living expenses.

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#12. Joint Japan World Bank Scholarships

The Joint Japan World Bank Graduate Scholarship Program supports students from World Bank member countries who want to study development at a number of colleges across the world.

The scholarship covers your travel costs between your home country and the host university, as well as your graduate program tuition, the cost of basic medical insurance, and a monthly subsistence grant to support living expenses, including books.

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#13. DAAD Helmut-Schmidt Masters Scholarships for Public Policy and Good Governance

The DAAD Helmut-Schmidt-Programme Masters Scholarships for Public Policy and Good Governance program provides excellent graduates from developing countries with the opportunity to pursue a Master’s degree at German institutions of higher learning in disciplines that are particularly relevant to their home country’s social, political, and economic development.

Tuition expenses are waived for DAAD scholarship holders in the Helmut-Schmidt-Program. The DAAD now pays a monthly scholarship rate of 931 Euros.

The scholarship also includes contributions to German health insurance, appropriate travel allowances, a study and research subsidy, and, where available, rent subsidies and/or allowances for spouses and/or children.

All scholarship recipients will receive a 6-month German language course prior to beginning their studies. Participation is required.

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#14. University of Sussex Chancellor’s International Scholarships

International and EU students who have applied for and been offered a place for eligible full-time Masters degrees at the University of Sussex are eligible for Chancellor’s International Scholarships, which are available in the majority of Sussex Schools and are awarded on the basis of academic performance and potential.

The scholarship is worth £5,000 in total.

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#15. Scotland’s Saltire Scholarships

The Scottish Government, in collaboration with Scottish universities, offers Scotland’s Saltire Scholarships to citizens of select countries who wish to pursue full-time Masters degrees in science, technology, creative industries, healthcare, and medical sciences, and renewable and clean energy at Scottish universities.

Students who strive to be prominent leaders and who have a wide range of interests outside of their studies, as well as a desire to enhance their personal and academic experience in Scotland, are eligible for the scholarships.

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#16. Global Wales Postgraduate Scholarships for International Students

International students from Vietnam, India, the United States, and European Union countries can apply for a scholarship worth up to £10,000 to study a full-time master’s program in Wales through the Global Wales Postgraduate Scholarship program.

The Global Wales Programme, a collaboration between the Welsh Government, Universities Wales, The British Council, and HEFCW, is funding the scholarships.

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#17. Schwarzman Scholars Program at Tsinghua University

Schwarzman Scholars is the first scholarship formed to respond to the geopolitical landscape of the twenty-first century, and it is designed to prepare the next generation of global leaders.

Through a one-year Master’s Degree at Tsinghua University in Beijing – one of China’s most prominent universities – the program will provide the world’s best and brightest students with the opportunity to strengthen their leadership abilities and professional networks.

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#18. Edinburgh Global Online Distance Learning Scholarships

Essentially, the University of Edinburgh awards 12 scholarships for distant learning Master’s programs every year. Above all, the scholarships will be available to students enrolled in any of the University’s distance learning Master’s programs.

Each scholarship will pay the entire cost of tuition for a period of three years.

If an online master’s degree interests you, you should see our article on 10 Free online master’s degree courses with certificates.

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#19.  Nottingham Developing Solutions Scholarships

The Developing Solutions Scholarship Program is for overseas students from Africa, India, or one of the Commonwealth countries who desire to study for a Master’s degree at the University of Nottingham and contribute to their home country’s development.

This scholarship covers up to 100% OF the tuition fee for a Master’s degree.

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#20. UCL Global Masters Scholarships for International Students

The UCL Global Scholarships program assists overseas students from low-income families. Their goal is to increase student access to UCL so that their student community remains diverse.

These scholarships cover living expenses and/or tuition fees for the duration of a degree program.

For one year, the scholarship is worth 15,000 Euros.

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Frequently Asked Questions about Fully-funded Masters Degree International Scholarships

Is it possible to get a fully funded masters scholarship?

Yes, it is very possible to get a fully-funded master's scholarship. However, they are usually very competitive.

How can I get fully funded scholarships for master's in the USA?

One way to get a fully-funded scholarship for master's in the US is to apply for the Full bright scholarship. A number of other fully-funded scholarships are available in the US, and we have discussed some of the in detail in the article above.

Are there any fully funded masters programs?

Yes A lot of fully-funded scholarships are available. Review the article above for more information.

What are the requirements for a fully-funded master's program?

#1. A Bachelor's degree #2. Details of your course: if it isn't already evident, specify which Master's program you want the grant for. Some financing opportunities may be limited to students who have already been accepted for study. #3. A personal statement: A personal statement for a grant application should explain why you are the best candidate for this assistance. #5. Evidence of funding requirements: Some need-based scholarships will be accessible solely to those who cannot afford to study otherwise. Certain funding organizations (such as small charities and trusts) are more inclined to aid you if you already have other financings (and just need help 'getting over the line').

What does a fully-funded scholarship mean?

A Fully-funded Master's degree is an advanced degree awarded by universities around the world for completing graduate studies in a certain area. The tuition fee and living expenses of the student obtaining this degree are usually covered by a university, charity organisation or a country's government

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Conclusion

This article includes a detailed list of 30 of the greatest fully financed Master’s scholarships available to international students.

This article has covered all of the relevant details about these scholarships. If you find a scholarship that interests you in this post, we invite you to apply.

Best wishes, Scholars!