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Not all scholarships are created equal. There are fully funded scholarships and there are others. Some scholarships are in the form of tuition fee waivers only, some only cover living expenses, while some offer a partial cash grant but there are those scholarship programs that cover both tuition fee and living expenses and sometimes include travel costs, book allowance, insurance, etc. Fully funded scholarships provide most, if not all, of what you need to pursue your studies abroad.

*Fully funded scholarships in this list pertains to scholarships that cover at the least, both the tuition fee and living expenses.

Fully funded Scholarships offered by Governments »

Fulbright Foreign Student Program (USA)
The Fulbright Foreign Student Program are prestigious fully funded scholarships for international students who wants to pursue a Master’s or PhD degree in the United States. Generally, the grant funds tuition, airfare, a living stipend, and health insurance, etc. The Fulbright program provides funding for the duration of the study.

British Chevening Scholarships (UK)
Chevening Scholarships, the UK government’s global scholarship programme, are awarded to outstanding scholars with leadership potential. Awards are typically for a one-year Master’s degree. Most Chevening Scholarships cover: tuition fees; a living allowance at a set rate (for one individual); an economy class return airfare to the UK; additional grants to cover essential expenditure.

Swiss Government Excellence Scholarships (Switzerland)
The Swiss Government Excellence Scholarships provide graduates from all fields with the opportunity to pursue doctoral or postdoctoral research  at one of the public funded university or recognized institution in Switzerland.  The scholarship covers a monthly allowance, tuition fees, health insurance, lodging allowance, etc.

Swedish Scholarships for International Students (Sweden)
The Swedish Institute provides scholarships in Sweden to highly-qualified international students from developing countries who wants to pursue full-time Masters studies at Swedish Universities.  The scholarship covers tuition fee, living expenses, some travel grant, and insurance.

VLIR-UOS Training and Masters Scholarships (Belgium)
VLIR-UOS awards scholarships to students from selected developing countries in Asia, Africa, and Latin America so that they can pursue a Training and Master’s Programme related to development at Universities in Belgium. The scholarships cover tuition fee, accommodation, allowance, travel costs,  and other program related costs.

Gates Cambridge Scholarships (UK)
Gates Cambridge Scholarships are full-cost awards for graduate study and research in any subject available at the University of Cambridge.  The scholarships are open to all international students from all over the world.  A Gates Cambridge Scholarship covers the full cost of studying at Cambridge namely: university fees, maintenance allowances, airfare, and some dependent’s allowance.

See also Cambridge International Scholarships

Clarendon Scholarships at University of Oxford (UK)
The Clarendon Scholarship Fund is a prestigious graduate scholarship scheme offering around 140 new scholarships every year to eligible graduate applicants (including international students) at the University of Oxford. Clarendon Scholarships are awarded on the basis of academic excellence and potential across all degree-bearing subjects at graduate level at the University of Oxford.  The fully funded scholarships cover tuition and college fees in full and a generous grant for living expenses.

See also Reach Oxford Scholarships and  Weidenfeld Hoffman Scholarship and Leadership Programme

Warwick Chancellor’s International Scholarships (UK)
The Warwick Graduate School awards around 25 Chancellor’s International Scholarships to the most outstanding international PhD applicants each year. The scholarships are open to students of any nationality and to any discipline offered at Warwick. The scholarships include the full payment of overseas tuition fees and maintenance allowance.

University of Sydney International Scholarships (Australia)
The University of Sydney invites candidates who are eligible to undertake a Postgraduate Research Degree or Master’s by Research program at this University to apply for the University of Sydney International Research Scholarship (USydIS).   The USydIS will cover tuition fees and living allowance for up to three years.

University of Maastricht High Potential Scholarships (Netherlands)
The University of Maastricht High Potential Scholarships are made available by the UM Scholarship Fund with the aim of encouraging talented students from outside the EEA to follow a master’s programme at UM.  The scholarships include tuition fee, living expenses, visa costs, and insurance.

TU Delft Excellence Scholarships (Netherlands)
The Delft University of Technology offers a number of excellence scholarship programs for international students. The Justus & Louise van Effen scholarship is one of those programs and it aims to financially supporting excellent international MSc students wishing to study at TU Delft. The scholarship is a full scholarship – coverage of tuition fees and monthly allowance for living expenses.

Erik Bleumink Scholarships at University of Groningen (Netherlands)
The Erik Bleumink Fund Scholarships are usually awarded for any 1 year or 2 years Master’s degree programme offered at the University of Groningen.  The grant covers the tuition fees plus the costs of international travel, subsistence, books, and health insurance.

Amsterdam Excellence Scholarships (Netherlands)
The Amsterdam Excellence Scholarships (AES) awards scholarships to exceptionally talented students from outside the EU to pursue eligible Master’s Programmes offered at the University of Amsterdam. The AES is a full scholarship of €25,000 covering tuition and living expenses.

ETH Zurich Excellence Masters Scholarship Program (Switzerland)
ETH Zurich supports excellent international students wishing to pursue a Master’s degree at ETH. The Excellence Scholarship & Opportunity Programme (ESOP) consists of a grant covering living and study expenses (CHF 11,000 per semester) as well as a tuition fee waiver.

International Leader of Tomorrow Award at University of British Columbia (Canada)
University of British Columbia (UBC) provides bachelors scholarships for talented secondary and post-secondary international students from around the world. International Leader of Tomorrow Award-winners receive an award-level commensurate with their financial need as determined by the costs of their tuition, fees and living costs, minus the financial contribution the student and their family can make annually towards these costs.

See also Donald A. Wehrung International Student Award

Lester B. Pearson International Scholarship Program at University of Toronto (Canada)
The Lester B. Pearson International Scholarship Program at the University of Toronto is intended to recognize international students who demonstrate exceptional academic achievement and creativity and who are recognized as leaders within their school.  The scholarship will cover tuition, books, incidental fees, and full residence support for four years.

Fully funded Scholarships offered by Organizations and Institutions»

Joint Japan World Bank Scholarships
The Joint Japan World Bank Graduate Scholarship Program provides fully funded scholarships to students from World Bank member countries to pursue development-related studies at selected Universities around the world. The scholarship provides travel costs between your home country and the host university, tuition for your graduate program, the cost of basic medical insurance, a monthly subsistence allowance to cover living expenses, including books.

ADB Japan Scholarship Program
The Asian Development Bank-Japan Scholarship Program (ADB-JSP) aims to provide an opportunity for well-qualified citizens of ADB’s developing member countries to undertake postgraduate studies in economics, management, science and technology, and other development-related fields at participating academic institutions in the Asian and Pacific Region.  The ADB-JSP provides full tuition fees, a monthly subsistence and housing allowance, an allowance for books and instructional materials, medical insurance, and travel expenses.

Rotary Foundation Global Study Grants
The Rotary Foundation offers scholarship funding through the Rotary Foundation Global Grant scholarships. The scholarship funds graduate-level coursework or research for one to four academic years.  The minimum budget for a global grant scholarship is $30,000 which can fund the following: passport/visa, inoculations, travel expenses, school supplies, tuition, room and board, etc.

OFID Scholarship Award
OFID (The OPEC Fund for International Development) offers a fully-funded scholarship to qualified applicants who wish to study for a Master’s degree in an accredited University around the world. The scholarships are worth up to $50,000 that covers the tuition fees, monthly allowance to cover living expenses, accommodation, insurance, books, relocation grants, and travel costs.