How to Afford Studying Abroad: 7 Exciting Scholarship Opportunities
The prospect of studying abroad can be an exciting one, but it can also be expensive if you’re not prepared to pay out of pocket. If you want to study abroad in the near future but are worried about how you’ll pay for it, you should check out these 7 scholarship opportunities that are specifically designed to help students fund their studying abroad experience. Whether you’re planning on spending your semester on the other side of the world or in another country closer to home, there are scholarships here that are sure to apply to your situation and financial needs!
1) The Fulbright Program
The Fulbright Program is a highly competitive, merit-based grant for international exchange for students, scholars, professionals and artists in a variety of fields. It operates in more than 155 countries worldwide, making it one of America’s most prestigious international educational programs. In addition to exchanges with other countries, applicants can also receive grants for study or research in any field at U.S. colleges and universities. The program awards over 3,600 grants annually; roughly one-third of recipients are U.S. citizens who study abroad and two-thirds are foreigners studying in America.
2) The Rhodes Scholarship
The Rhodes Scholarship is a prestigious award given by The Rhodes Trust, a charity organization created to commemorate Cecil Rhodes, a South African mining magnate who made his fortune in diamond mining. To qualify for one of these prestigious awards, you must be pursuing undergraduate studies at Oxford University and have held office in your school’s student government body or be an editor of your school’s publication. You must also demonstrate potential for leadership through community service and extracurricular activities such as athletics or volunteering. Finally, you must demonstrate academic merit with a minimum SAT score of 1450 (math and critical reading) or an ACT score of 33. The deadline for applying is October 1st each year. For more information about eligibility requirements and scholarship funding amounts, click here
3) The Truman Scholarship
The Harry S. Truman Scholarship is an academic merit scholarship established in 1975 by friends and admirers of Harry S. Truman, who was President of the United States from 1945 to 1953. Since its creation, over 1,000 students have been awarded a Truman Scholarship. Each year 40 exceptional juniors and seniors are selected as finalists for up to four scholarships at each of 14 regional award sites across America. Finalists are eligible for $30,000 scholarships for graduate school studies in any field except divinity; 20 selected finalists become eligible for $50,000 Foreign Language Education or Study (FLEX) Fellowships.
4) The Churchill Scholarship
This prestigious scholarship will cover all your expenses for a study program at Oxford University, including your tuition and boarding fees, as well as travel costs and an additional £2000 stipend. This is also just one of three Churchill Scholarships that you could win — each year, they award four scholarships in total. To apply, submit an application form online along with two letters of recommendation from academics who can speak to your academic potential (both may be from faculty members). You must also write an essay which should be no more than 800 words and describe how studying abroad in Britain would help you achieve your career goals. The application deadline is October 31.
5) The Gates Cambridge Scholarship
The Gates Cambridge Scholarships are awarded by The Gates Foundation. You must be a citizen of any country except Australia, Canada, or New Zealand, and must have achieved outstanding academic success as an undergraduate student. Applicants should also have leadership potential and a strong motivation to improve people’s lives; they should also demonstrate an interest in working in low-income countries.
6) The Academic Common Market Program (ACMP)
Allows a student in a participating state (Alabama, Alaska, Arizona, Arkansas, Colorado, Florida, Georgia, Idaho, Kansas, Louisiana Maine*, Mississippi*, Missouri*, Montana*, Nebraska*, New Mexico*, North Carolina+, Oklahoma+ or South Carolina+) to transfer academic credits earned at two- or four-year public institutions within their home state to an institution in another participating state. Program participants pay no more than 150% of in-state tuition for any single course (with some restrictions). State Scholarships for International Students: Offered by governments and organizations around the world for students from other countries who wish to study abroad. The US Department of State’s Bureau of Educational and Cultural Affairs maintains a database that includes over 2200 scholarship opportunities worldwide.
7) Full Tuition Scholarships for Women in STEM Majors
This scholarship program offers women who are pursuing a degree in a STEM field (science, technology, engineering, or math) full tuition scholarships. Each award recipient receives up to $25,000 per year for up to three years. Awards are granted based on academic merit, leadership potential and community service experience. The application deadline is July 15th each year and winners will be notified at that time. It is sponsored by Chevron and National Council for Research on Women (NCRW). Applications can be found here.