Studying abroad can be a life-changing experience, but for many low-income students, the high costs can make it seem out of reach. Luckily, there are scholarships for low-income students to study abroad to achieve their dream of studying in another country.
These scholarships cover important expenses like tuition fees, living costs, and even travel, making it easier to focus on your studies without worrying about money. Whether you want to try new cultures, gain global experience, or just study at a world-class university, these scholarships can open the door for you.
In this article, we’ll highlight some of the best scholarships available for low-income students looking to study abroad. So, if you’re ready to check out new opportunities but need a little financial help to make it happen, keep reading! These scholarships could be the key to making your study abroad dreams come true.
Scholarships for Low-income Students to Study Abroad
Scholarship options exist to encourage individuals from low-income homes to follow their dreams and get access to a decent education. Available scholarships include:
1. DAAD Scholarships
International students who wish to study postgraduate degrees in Germany are eligible to apply for the DAAD scholarship. The award seeks to improve the winners’ efficiency and expertise while encouraging networking. The following are a few advantages of the scholarships:
- A monthly stipend of 934 euros
- Travel allowance
- Tuition fees
- Accommodation fees among other benefits
Click HERE for more info on this scholarship
2. Aga Khan Foundation Scholarship Programme
Students from developing nations can pursue full-time postgraduate degrees at any higher education institution of their choosing through the Aga Khan Foundation Scholarship program. His Highness the Aga Khan founded it.
Among other requirements, candidates will also need to exhibit financial necessity and have stellar academic records. The 2024/2024 cycle will begin in January 2024, with the 2023/2024 cycle officially closed. A portion of the applicant’s tuition is covered by the partially financed scholarship.
Click HERE for more info on this scholarship
3. Eiffel Scholarships
The Ministry of Europe and Foreign Affairs of France has created the Eiffel Scholarship to allow international students to come and study in France for their master’s and postgraduate courses. This presents an ideal shot for those who wish to undertake their studies in any of the best French universities.
However for a candidate to be considered for the scholarship, he/she must make sure that the institution he/she is applying to is among the qualified institutions. It enables difficult-to-break foreign students to get an education in France that meets their ambitions, fosters their career success, and enables them to experience the richness of French culture and academic faculty.
Click HERE for more info on this scholarship
4. INSEAD Business School International Scholarships
Low-income students can also apply for the INSEAD Business School International scholarship. Students who have shown academic achievement and wish to enroll in a highly regarded MBA school are the target audience. Both Singapore and France are home to its campuses.
The scholarship’s monetary worth begins at $10,000. Additionally, international students have access to a variety of scholarship options, some of which include:
- INSEAD Aleph Scholarship
- INSEAD Alex and Nicolette Manson Endowed Diversity Scholarship
- INSEAD Alexis & Anne-Marie Habib Endowed Scholarship
- INSEAD Alumni Association (IAA) Endowed Scholarship Fund
- INSEAD Alumni Fund (IAF) Diversity Scholarship(s)
Click HERE for more info on this scholarship
5. Emory University Scholarship
Talented international students who wish to attend Emory University in the United States can apply for the Emory University Scholarships. It’s also crucial to remember that students who apply for assistance during the admissions process will be qualified to apply.
The English proficiency test will be required of students from nations where English is not the primary language. Furthermore, first-year students are eligible for financial aid in later years if they get it in their first year.
Click HERE for more info on this scholarship
6. The Mastercard Foundation Scholars Program
The Mastercard Foundation Scholars program is available to African students who wish to continue their education at American and African colleges. The scholarship program is intended for young people who wish to pursue inclusive and pertinent education to lead life-changing experiences.
Click HERE for more info on this scholarship
7. Australia Awards Scholarships
International students who wish to pursue undergraduate and graduate degrees at Australian partner universities are eligible to apply for the Australia Awards Scholarship, a long-term scholarship provided by the Department of Foreign Affairs and Trade. The following are some benefits of the scholarship:
- Payment of full tuition fees
- Airflight ticket
- Monthly stipend among other benefits.
Click HERE for more info on this scholarship
8. University of Oxford
International undergraduate students wishing to get a degree at the University of Oxford in the United Kingdom are eligible to apply for scholarships. It is crucial to remember that before becoming eligible for the scholarship, qualified students must submit an application to the University of Oxford.
January marks the opening of the scholarship for the next term. Furthermore, depending on how long the course lasts, the scholarship may be awarded for three or four years. Some of the benefits are:
- Tuition fees
- Living stipend
- Airfare return ticket
- Living cost
Click HERE for more info on this scholarship
9. The World Bank Scholarship
As part of its efforts to improve capacity building and information sharing in developing countries, the World Bank provides scholarship opportunities to students from low-income families. To date, the scholarship program has supported around 6,000 professionals and scholars. They provide various scholarship programs, some of which include:
Click HERE for more info on this scholarship
10. MIT – Zaragoza Scholarship Program
The Zaragoza scholarship for MIT is an opportunity for international students to study in the United States. This scholarship is available to students who intend to enroll in a full-time master’s degree course in Engineering, Logistics, or Supply Chain Management. It provides funds that enable young, gifted people to afford quality education at MIT.
Thus, by orienting on these fields, the scholarship aims at forgetting the future leaders in engineering and supply chain management. This change enables students to get various skills and information while attending a prestigious academic community.
s opportunity allows students to gain valuable skills and knowledge while being part of a prestigious academic environment.
Click HERE for more info on this scholarship
Conclusion
Education abroad is a dream for many a low-income student and these scholarships can actually make it come true. These scholarships provide the funding for tuition fees, living costs, and travel, making new cultures, excellent education, and once-in-a-lifetime experiences possible.
If you are interested in going to the next level in your academic track, don’t let money seep in and prevent you. Catch these scholarships and make your study abroad dreams real.