Best Scholarships In The World That Can Fund Your Tuition Fees In 2024

Have you thought about the below options for funding your studies?  Loans, Borrowing, Putting Your House on Lease. It turns out that most students who choose these routes to study abroad are stressed and constantly swimming in the worry of repayment. Fortunately, the option of scholarships and financial aid funding has left students with a sigh of relief. Many governments, universities and private institutions give out scholarships for the welfare and encouragement of students to pursue their higher education even if they have financial difficulties. In this blog, we will be covering a list of the best scholarships in the world and various scholarship opportunities for international students that can completely fund your tuition fees, living expenses, and much more In 2023

Best Scholarships For International Students

Forget loans! Here are some life-changing scholarship opportunities for international students that you shouldn't miss in 2023:

1. The Rhodes Scholarship

Course Level: Postgraduate Scholarship 
Number of Scholarships: 100 
Deadline: Depends on the region 
Type of scholarship: Merit/ Needs Based

The Rhodes Trust is an Oxford University home organization that delegates one of the best scholarships in the world, i.e. The Rhodes Scholarship. As a Rhodes scholar, you will have a once-in-a-lifetime opportunity to participate in classes at Oxford University, studying any subject matter the university offers. Even though the scale of competition is global, Rhode Scholarship is" only" awarded to young visionaries who are extremely passionate about their chosen subject and have outstanding knowledge, leadership skills, and commitment to service. Being a recipient of the Rhode Scholarship comes with an elite honour and responsibility to be a global changemaker. But don't worry; the responsibility would not only be yours, and you will also connect with several other pioneers of change makers as excited as you to study at Oxford. 

Benefits: 

• The Rhodes Scholarship is a fully funded opportunity to study at the University of Oxford. 
• Rhode scholars will also be given a generous stipend of around £18,800 annually to support their living costs in the UK.
• You will also be a lifetime addition to a world alum network and an international community of Rhode scholars. 
• Unlike most scholarships, Rhodes Scholarships are not necessary looking for an outstanding academic record. 

How to apply: https://www.rhodeshouse.ox.ac.uk/scholarships/the-rhodes-scholarship/ 

2. Chevening Scholarship 

Course Level: Postgraduate Level 
Number of Scholarships: 1,500
Deadline: November
Type of scholarship: Merit-based

Studying in the UK has always been a talk of privilege, but after the inclusion of the Chevening programme in 1983, the tables have turned around. Known as one of the best scholarships in the world, Chevening scholarships were formally introduced by the Foreign and Commonwealth office of the British Government to attract some of the best pool of talent worldwide to study at UK's esteemed institutions and universities. The Chevening scholarship is accessible to students aspiring to start their master's degree in the UK. An individual considered a complete Chevening scholar with promising ideas, undying passion, and fulfilling dreams to shape the world positively, along with the skills of a thoughtful leader. To check your further eligibility and requirements, check out our blog Chevening Scholarship Requirements Eligibility and Deadlines. 

Benefits

• The scholarship is also fully funded; It will cover your tuition, flights, and accommodation.
• The Chevening programme actively tries to help students absorb British culture and make the most of their time in the UK by arranging extracurricular activities and volunteering opportunities. 
• The scholarship is open to more than 160 countries across the globe.  

Isn't it one of the best scholarships in the world?

How to apply: https://www.chevening.org/apply/ 

3. Australia Awards Scholarships

Course Level: Masters/ PhD 
Number of Scholarships: It varies from year to year
Deadline: It varies from region to region
Type of scholarship: Merit Based

Do you know what it is to be a global leader? Are you thrilled to bring solutions to global problems like world hunger or climate change, to name a few? If you have solid, convincing answers to such questions, applying to this scholarship can be your foot in the door to success. Australia Awards Scholarship is an Australia Government fully funded empowering boost for individuals with exceptional talents from India, Cambodia, Indonesia, Myanmar, Nepal, Bangladesh, and other Indo-Pacific countries. Apart from being one of the best scholarships in the world, it is also a coveted honour to study under this scholarship in Australia. This scholarship was bought in place by the Australian Government's Department of Foreign Affairs and Trade to inspire growth and stability and bond people and organizations to build mutual understanding and communication. It is specially tailored for young people with the potential and zeal to contribute to the country's development and become prosperous leaders in their fields of interest. Just adding, we have student accommodations that are right out of your dreams in all major locations including Melbourne, Sydney, Adelaide, Gold Coast and others.

Benefits

• The AAS will take your entire burden of tuition fees; recipients of this scholarship will be exempted from paying any tuition fees.   
• The scholarship will also cover your living expenses, air travel, and health coverage during your stay in Australia.
• You will become a part of the Australia global alumni, where you can engage and network with other global leaders and similar thinkers in your interest field. 
• You will be equipped to be a changemaker with the right resources, skills, tools, and knowledge that will bring socio-economic prosperity.  

How to apply: https://australiaawards.com.au/ 

4. Commonwealth Scholarship

Course Level: Master and PhD programmes
Number of Scholarships: 800
Deadline: December
Type of scholarship: Merit Based

Like the Chevening Scholarship, Commonwealth Scholarship is designed to open your doors to the possibility of studying in the UK. Recognized as one of the most prestigious scholarships in the world, this scholarship is targeted at Commonwealth country students who are willing to make a positive lasting impression in the world through their ideas and knowledge. Most of the top universities in the UK, like the University of Nottingham, the University of Cardiff, University of Strathclyde, are a part of the commonwealth scholarship programme. Lastly, this scholarship is very diverse in its approach and encourages students from any background to apply for any Master's courses offered in the UK. Getting awarded one of the best scholarships in the world is a prestige of honour!  

Benefits

• This scholarship programme takes care of the awardee's tuition fees, travel expenses, and various allowances like thesis expenses. 
• The scholarship is very generous to applicants who have spouses and family by offering spousal and children grant every month.
• Students (without any spouse or children) will get a monthly allowance of  £1,084.
• It is one of the best international scholarships to get a pathway into the UK.

How to apply: https://cscuk.fcdo.gov.uk/scholarships/commonwealth-masters-scholarships/ 

5. Gates Scholarship

Course Level: Undergraduate Level
Number of Scholarships: 300
Deadline: October
Type of scholarship: Need-based scholarship

Bill Gates once said, "Power comes not from knowledge kept but from knowledge shared"; by being true to his own words, The Bills and Melinda Gates Foundation drove a scholarship initiative by helping share the opportunity of getting knowledge and education for the underprivileged children in the United States. Students who are awarded this scholarship are usually meritorious, committed to service, and have leadership qualities in them. This is one of the best scholarships in the world for people in need of generosity because it covers everything from your books, tuition fees, and living expenses for your entire undergraduate period. This scholarship is renewable each year; this is not a common sight that we usually see in most of the terms and conditions of the scholarships. It is indeed a transformative experience to receive the Gates Scholarship and get awarded one of the best scholarships in the world.

Benefits

• This scholarship is exclusively only for students who belong to underprivileged or low-income families
• This scholarship is a blessing in disguise as it covers and covers all the expenses and aspects of education.
• Students also get the leverage of participating in networking, mentoring, and leadership programmes. In short, they churn out to be professional and personally developed Individuals. 

How to apply: https://www.gatescambridge.org/programme/the-scholarship/ 

6. The Erasmus Mundus Scholarship

Course Level: Postgraduate/ PhD Level
Number of Scholarships: 15
Deadline: January 
Type of scholarship: Need-based scholarship

The Erasmus Mundus Scholarship is a European Union-funded scholarship open to students looking to study and attain global exposure in Europe. With the purpose of encouraging academic excellence and promoting intercultural understanding, this scholarship is open for master's and PhD aspirants at European colleges. To be a good fit for the Erasmus Mundus Scholarship, one has to express their motivation through their academic, language, intercultural & leadership skills. By being a part of the programme, students have shown to become great leaders of experts with cultural sensitivity and intercultural understanding; in short, achieving this top-esteem scholarship will help you boost and take your career up to new heights.   

Benefits

• Just like most other scholarships, this scholarship will fund your entire tuition fee.
• Apart from your tuition fees, the scholarship generously gives out a living allowance, travel allowance, as well as an insurance cover 
• The scholarship helps its recipients to grow through the experience by conducting workshops, seminars, field trips, internships, and language courses to help them professionally and personally, making it the best scholarship in the world. 
• You can also build your international network through the scholarship to help expand your connections.  

How to apply:  https://erasmus-plus.ec.europa.eu/opportunities/opportunities-for-individuals/students/erasmus-mundus-joint-masters-scholarships 

The Study FREE Abroad with Postgraduate Scholarships will help you understand the details and types of the best scholarships in the world with exclusive scholarship tips! In conclusion, Money should never be the bane to your career fulfillment; there are many top scholarships for international students and the best scholarships in the world that will help you burden less with the worry of money. By keeping this in mind, Amber has launched its initiative of starting its Amberscholar scholarship program that targets students who want to study in the UK without any financial pressure on their minds and with amber you will be able to find the best student accommodations near your university! For more, dive into our latest webstory on all you need to know about Chevening Scholarships. Also learn how can you pay your tuitions fees without any hassel.