10 Scholarships for Graduate Students: Funding Your Advanced Degree

Pursuing a graduate degree can be a life-changing decision, but it often comes with a hefty price tag. Fortunately, there are numerous scholarships available to help graduate students offset the cost of tuition, books, and living expenses. In this article, we’ll explore 10 scholarships specifically designed for graduate students, along with tips on how to apply and increase your chances of winning.

1. Fulbright Scholarship Program

The Fulbright Program is one of the most prestigious scholarships for graduate students worldwide. It offers funding for international study, research, and teaching opportunities in over 160 countries. Open to U.S. citizens, the program covers tuition, airfare, and living expenses.

  • Eligibility: U.S. citizens with a bachelor’s degree.
  • Award Amount: Varies by country and program.
  • Deadline: Typically October each year.

2. Rhodes Scholarship

The Rhodes Scholarship is a fully-funded opportunity for graduate study at the University of Oxford in the UK. It is awarded to exceptional students who demonstrate academic excellence, leadership, and a commitment to making a positive impact.

  • Eligibility: Citizens of select countries, including the U.S., Canada, and India.
  • Award Amount: Full tuition, stipend, and travel expenses.
  • Deadline: Varies by country (usually July-October).

3. Gates Cambridge Scholarship

Funded by the Bill and Melinda Gates Foundation, this scholarship supports outstanding graduate students from outside the UK to study at the University of Cambridge. It covers the full cost of study and provides additional funding for research and travel.

  • Eligibility: Non-UK citizens applying to a full-time graduate program at Cambridge.
  • Award Amount: Full tuition, living allowance, and airfare.
  • Deadline: December or January, depending on the program.

4. Chevening Scholarships

Chevening Scholarships are awarded to outstanding students with leadership potential to pursue a one-year master’s degree in the UK. The scholarship covers tuition, living expenses, and travel costs.

  • Eligibility: Citizens of Chevening-eligible countries.
  • Award Amount: Full tuition and living expenses.
  • Deadline: November each year.

5. Erasmus Mundus Joint Master’s Degrees

The Erasmus Mundus program offers fully-funded scholarships for international students to pursue joint master’s degrees across multiple European universities. The program emphasizes academic excellence and cultural exchange.

  • Eligibility: Open to students worldwide.
  • Award Amount: Full tuition, travel, and monthly stipend.
  • Deadline: Varies by program (usually January-March).

6. AAUW International Fellowships

The American Association of University Women (AAUW) offers fellowships to women pursuing full-time graduate or postdoctoral studies in the U.S. The program supports women in breaking barriers and achieving their academic goals.

  • Eligibility: Non-U.S. women with a bachelor’s degree.
  • Award Amount: 18,000–18,000–30,000.
  • Deadline: November each year.

7. Knight-Hennessy Scholars Program

Stanford University’s Knight-Hennessy Scholars Program provides full funding for graduate students across all disciplines. The program focuses on developing leadership skills and fostering a global community of scholars.

  • Eligibility: Open to students worldwide.
  • Award Amount: Full tuition, stipend, and travel expenses.
  • Deadline: October each year.

8. NSF Graduate Research Fellowship Program (GRFP)

The National Science Foundation (NSF) GRFP supports graduate students in STEM fields. The fellowship provides financial support for three years, including a stipend and tuition allowance.

  • Eligibility: U.S. citizens or permanent residents in STEM fields.
  • Award Amount: $37,000 annual stipend plus tuition support.
  • Deadline: October each year.

9. Rotary Foundation Global Grant Scholarships

Rotary Global Grants fund graduate-level studies in areas aligned with Rotary’s mission, such as peace, disease prevention, and education. The scholarship covers tuition, travel, and living expenses.

  • Eligibility: Open to students worldwide.
  • Award Amount: 30,000–30,000–40,000.
  • Deadline: Varies by Rotary club.

10. Google PhD Fellowship Program

The Google PhD Fellowship supports graduate students in computer science and related fields. The program provides financial support and mentorship to help students excel in their research.

  • Eligibility: PhD students in computer science or related fields.
  • Award Amount: Full tuition, stipend, and research funding.
  • Deadline: May each year.

Comparison Table: Top Scholarships for Graduate Students

Scholarship NameEligibilityAward AmountDeadline
Fulbright Scholarship ProgramU.S. citizensVaries by programOctober
Rhodes ScholarshipCitizens of select countriesFull tuition + stipendJuly-October
Gates Cambridge ScholarshipNon-UK citizensFull tuition + living expensesDecember/January
Chevening ScholarshipsCitizens of Chevening-eligible countriesFull tuition + living expensesNovember
Erasmus Mundus Joint Master’sOpen to students worldwideFull tuition + stipendJanuary-March
AAUW International FellowshipsNon-U.S. women18,000–18,000–30,000November
Knight-Hennessy ScholarsOpen to students worldwideFull tuition + stipendOctober
NSF GRFPU.S. citizens in STEM fields$37,000 stipend + tuitionOctober
Rotary Global GrantsOpen to students worldwide30,000–30,000–40,000Varies by Rotary club
Google PhD FellowshipPhD students in computer scienceFull tuition + stipendMay

FAQs About Graduate Scholarships

1. Can I apply for multiple scholarships at once?
Yes, you can and should apply for multiple scholarships to increase your chances of securing funding. Just make sure to carefully manage deadlines and tailor each application to the specific scholarship requirements.

2. Do I need a high GPA to qualify for graduate scholarships?
While many scholarships prioritize academic excellence, some also consider leadership, community involvement, and financial need. Even if your GPA isn’t perfect, focus on highlighting your strengths in other areas.

3. Are there scholarships for part-time graduate students?
Yes, some scholarships are available for part-time students, though they may be less common. Check the eligibility criteria of each scholarship to see if part-time enrollment is accepted.

Final Thoughts

Securing a scholarship for graduate school can significantly reduce the financial burden of advanced education. By researching opportunities, preparing strong applications, and meeting deadlines, you can increase your chances of winning funding for your degree. Whether you’re pursuing a master’s or PhD, these 10 scholarships offer a great starting point to achieve your academic and career goals.

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