Studying abroad is amazing, but it’s expensive! Luckily, there are scholarships that pay for everything - tuition, living expenses, even flights. This guide shows you how to get one!
What is a 100% Scholarship to Study Abroad?
A 100% scholarship, also known as a full-ride scholarship, covers all the essential costs associated with studying abroad. This typically includes:
- Tuition fees: The complete cost of your academic program.
- Living expenses: Accommodation, meals, transportation, and other daily costs.
- Travel expenses: Round-trip airfare to your study destination.
- Health insurance: Coverage for medical expenses during your stay.
- Books and supplies: Funds for necessary academic materials.
Types of 100% Scholarships
These scholarships come in various forms, often overlapping in their criteria:
- Merit-Based: Awarded to students with exceptional academic achievements, standardized test scores, and impressive extracurricular activities.
- Financial Need-Based: Granted to students from low-income backgrounds who demonstrate a genuine need for financial assistance.
- Government-Funded: Offered by governments to foster international collaboration and exchange. Examples include Fulbright, Chevening, and DAAD scholarships.
- University-Sponsored: Provided by universities to attract high-achieving students from around the world. These can be based on academic merit, specific talents, or diversity goals.
- Organization-Specific: Offered by organizations, foundations, or corporations to support students in specific fields or with particular backgrounds.
Full-Ride vs. Full-Tuition Scholarships
While both sound similar, there’s a key difference:
- Full-ride: Covers all expenses, as mentioned above.
Top Fully funded Scholarships for Indian Students to Study Abroad - Full-tuition: Covers only the tuition fees, leaving you responsible for other costs.
5 Popular Full-Ride Scholarships
- Lester B. Pearson International Scholarship: Offered by the University of Toronto to recognize outstanding international students.
The Lester B. Pearson International Student Scholarships - Future Students. University of Toronto | University of Toronto - Chevening/Cambridge Scholarship: A prestigious scholarship program funded by the UK government for master’s degree studies at the University of Cambridge.
https://www.chevening.org/ - Karsh International Scholarship Program: Offered by Duke University to support exceptional international students pursuing undergraduate studies.
- Australia Awards Scholarships: Funded by the Australian government, these scholarships provide opportunities for students from developing countries to study at Australian universities.
https://www.dfat.gov.au/people-to-people/australia-awards/Pages/australia-awards-scholarships - Concordia Presidential Scholarship: Awarded by Concordia University to high-achieving international students pursuing undergraduate studies.
https://www.concordia.ca/students/financial/scholarships-funding/scholarships.html
Tips for Winning Full-Ride Scholarships
- Start Early: Begin your research and application process well in advance.
- Build a Strong Profile: Maintain excellent academic grades, participate in extracurriculars, and gain relevant experience.
- Craft Compelling Essays: Clearly articulate your goals, aspirations, and how the scholarship will help you achieve them.
- Ace Standardized Tests: Score high on required tests like TOEFL, IELTS, GRE, or GMAT.
- Secure Strong Recommendations: Request letters from individuals who can speak to your abilities and character.
- Demonstrate Leadership: Showcase your involvement in community service or leadership roles.
- Apply to Multiple Scholarships: Increase your chances by applying to various suitable programs.
- Prepare for Interviews: Practice answering common questions and be confident in presenting yourself.
Securing a 100% scholarship requires dedication and a strategic approach. By following this guide and putting in the effort, you can increase your chances of achieving your study abroad dreams. Good luck!
How Niyo Can Help Save on Expenses:
Niyo: Your Smart Spending Solution for Students
Managing your finances as an international student can be tricky. Niyo offers tools and features that simplify money management and help you save on everyday expenses:
Application Fee Waivers:
We have partnered with multiple U.S. universities, to offer application fee waivers for international students like you. This means you can focus on crafting a stellar application without worrying about the financial burden of application fees. Our team works directly with these universities, simplifying the waiver process and ensuring you meet all the necessary requirements.
Ready to Start Saving?
Here’s how to secure an application fee waiver for US universities through Niyo:
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Explore Niyo’s Student Offers Page: Visit the Niyo website and navigate to the Student Offers section. You’ll find a dedicated page with a list of study abroad application fee savings and exclusive international student fee waivers.
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Submit the Request Form: Fill out a quick form with your program preferences, target universities, and basic information. This helps us match you with eligible waiver options.
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Connect with a Niyo Representative: Once you’ve submitted the form, a Niyo representative will be in touch to confirm your eligibility and guide you through the application process with the waiver in place.
Explore Offers Here: Explore Fee Waivers
Discounts on Essential Exams: Prep for your studies with exclusive discounts on crucial exams:
- GMAT: Save up to $25 (₹2000) on your GMAT exam fee.
- GRE: Enjoy savings of up to ₹4500 on the GRE exam fee.
- TOEFL: Save up to ₹3500 on the TOEFL exam fee.
- PTE: Save up to ₹3000 on the PTE exam fee.
- And More: Keep an eye on the Niyo website for the latest discounts and offers.
Zero Forex Markup: Use your Niyo card for international transactions without incurring extra forex charges. This can lead to significant savings, especially when paying for tuition, rent, or other large expenses. Explore Fee Transfers
Easy Budgeting and Tracking: The Niyo app provides a clear overview of your spending patterns, making it easier to track expenses, create budgets, and stay on top of your finances.
Exclusive Discounts and Offers: Niyo partners with various businesses to offer discounts on essentials like food, transportation, and entertainment, helping you stretch your budget further.
Niyo Global Offers
International Money Transfers: Send money abroad with ease and at competitive rates, whether you need to support family back home or cover unexpected costs.
Flight Bookings: Book your flights through Niyo and access competitive fares on domestic and international routes.
Visa Assistance: Niyo can help simplify the visa application process, providing guidance and support to ensure a smooth and hassle-free experience.
With Niyo, you can focus on your studies and make the most of your international experience without constantly worrying about money.
Why Niyo?
Niyo is more than just a financial platform; it’s a dedicated partner for international students.
- Personalized Guidance: Niyo provides expert support and resources tailored to your academic goals.
- Streamlined Processes: They simplify complex procedures, making your transition to studying in the US smoother.
- Exclusive Offers: Access a range of benefits designed specifically for international students.
Take the First Step!
Don’t let application fees deter you from pursuing your dream of studying at a fantastic US university. Contact Niyo today and explore the possibilities. Your international education journey starts now!
