Studying abroad is a life-changing opportunity. It expands your academic horizons, enhances cultural understanding, and boosts your career potential. But let’s be honest—it’s also expensive. Between tuition, travel, housing, and daily expenses, the cost can seem overwhelming. Fortunately, there’s good news: scholarships and grants for study abroad programs can significantly reduce financial barriers.
In this comprehensive guide, we’ll walk you through the most popular types of scholarships and grants available, how to find them, eligibility requirements, tips for applying, and some of the best programs worldwide.
Understanding the Cost of Studying Abroad
Before diving into scholarships and grants, it’s important to understand the full cost of studying abroad. These expenses usually include:
- Tuition fees (if not part of an exchange program)
- Accommodation (dorms, apartments, or homestays)
- Meals and groceries
- Airfare and transportation
- Visa and travel insurance
- Books, supplies, and technology
- Personal and cultural activities
Depending on the destination, costs can range from $10,000 to $30,000 per semester. That’s why financial aid can be crucial.
Scholarships vs. Grants: What’s the Difference?
While the terms are sometimes used interchangeably, there’s a subtle difference:
- Scholarships are typically merit-based, awarded for academic excellence, leadership, or special talents.
- Grants are often need-based, given to students who demonstrate financial need.
Both do not require repayment, unlike student loans.
Types of Study Abroad Scholarships
There are several categories of scholarships available for study abroad. Understanding the types can help narrow down your search.
Merit-Based Scholarships
These scholarships reward academic achievement, test scores, extracurricular involvement, or leadership qualities.
Examples:
- Boren Awards
- DAAD Scholarship (Germany)
Need-Based Scholarships
These are awarded based on financial need, not academic performance. You typically need to provide proof of income and financial documents.
Examples:
- Benjamin A. Gilman International Scholarship
- Fund for Education Abroad (FEA)
Destination-Specific Scholarships
These scholarships are awarded to students planning to study in a specific country or region.
Examples:
- Chevening Scholarships (UK)
- MEXT Scholarships (Japan)
- Endeavour Leadership Program (Australia)
Program-Specific Scholarships
These are tied to a particular university or study abroad program. Always check with your host institution or study abroad office.
Examples:
- CIEE Scholarships
- IES Abroad Scholarships
Subject-Specific Scholarships
These are available to students studying certain disciplines, such as STEM, arts, or international relations.
Examples:
- Fulbright Program (various subjects)
- ThinkSwiss Research Scholarships (Switzerland – science and technology)
Diversity and Inclusion Scholarships
Designed to encourage underrepresented students (e.g., BIPOC, LGBTQ+, first-generation students) to study abroad.
Examples:
- Diversity Abroad Scholarships
- FEA Rainbow Scholarship (for LGBTQ+ students)
Top Government-Funded Scholarships
Governments around the world fund scholarships to promote cultural exchange and international education. Here are some of the most prestigious:
Fulbright U.S. Student Program
Offered by the U.S. government, this program provides full funding for one academic year of study, research, or teaching abroad.
Erasmus+ (European Union)
Open to students from the EU and partner countries, Erasmus+ supports study and internships across Europe.
DAAD (Germany)
The German Academic Exchange Service offers scholarships for undergraduate and graduate students to study or conduct research in Germany.
MEXT (Japan)
The Japanese government funds students from around the world to study in Japanese universities.
Chevening Scholarships (UK)
These scholarships fund full master’s degrees in the UK, with a focus on leadership and global impact.
University and College Scholarships
Many universities have their own funding opportunities. These may include:
- International student scholarships
- Study abroad office awards
- Partner university discounts
- Departmental scholarships
Pro Tip: Always check your home and host university websites for scholarship portals or financial aid sections.
Private Organizations and Foundations
Numerous nonprofit organizations, foundations, and corporations offer financial aid for study abroad. Some popular ones include:
- Rotary International: Global Grant Scholarships
- The Critical Language Scholarship (CLS) Program
- Tortuga Backpacks Study Abroad Scholarship
- GoOverseas and GoAbroad Scholarships
These may require essays, recommendation letters, or even video submissions.
Country-Specific Grants and Opportunities
Here are some examples of country-specific scholarships:
Australia:
- Australia Awards
- Destination Australia Scholarships
Canada:
- Vanier Canada Graduate Scholarships
- Canada-CARICOM Leadership Program
France:
- Eiffel Excellence Scholarship Program
- French Ministry of Foreign Affairs Scholarships
South Korea:
- Global Korea Scholarship (GKS)
Italy:
- Italian Government Scholarships for Foreign Students
Tips for Applying for Study Abroad Scholarships
Start Early
Deadlines for scholarships often fall 6–12 months before your departure date. Create a timeline with application due dates.
Stay Organized
Track required documents: transcripts, essays, recommendation letters, proof of income, passport copy, etc.
Write a Compelling Essay
Clearly express your goals, what you hope to gain from the experience, and how it aligns with your future. Tailor your essay to the scholarship’s values.
Apply to Multiple Scholarships
Don’t put all your hopes on one award. Apply to as many as you qualify for.
Ask for Strong Letters of Recommendation
Choose mentors, professors, or advisors who can speak to your character, goals, and achievements.
Proofread and Edit
Ask a friend, mentor, or advisor to review your application before submission.
Common Mistakes to Avoid
- Waiting until the last minute
- Submitting generic or copy-paste essays
- Ignoring eligibility requirements
- Overlooking smaller, less competitive scholarships
- Forgetting to follow up or confirm receipt of your application
Final Thoughts and Resources
Studying abroad is one of the best investments in your future, and financial support is more accessible than you might think. With a combination of scholarships and grants, many students fund all or part of their international education.
Helpful Websites:
- https://www.studyabroad.com
- https://www.goabroad.com
- https://www.gilmanscholarship.org
- https://www.diversityabroad.com
- https://www.ciee.org
Take the leap, do your homework, and apply early. The world is waiting—and with the right support, it’s within your reach.
