In 2024, there will be hundreds of international scholarships available for students pursuing bachelors, masters, PhD, short courses, exchange programs, and research grants. The key question is which of these scholarships and fellowships will offer a stipend of US$500 or more on a monthly basis.
It’s essential to find out which international scholarships will be offering $500+ per month in 2024 so that students can prepare to apply for these opportunities. First, let’s clearly define what a scholarship stipend is.
A scholarship stipend is a fixed regular sum paid as a salary or allowance, often to a student or learner, to help cover living expenses while they focus on their studies or research. It’s a vital component of many scholarships, ensuring that students can dedicate themselves fully to their academic and research activities without the burden of financial stress.
Here are five noteworthy scholarships that provide stipends of $500 or more per month:
1# DAAD Scholarships for Graduate Students and Researchers from Developing Countries
The German Academic Exchange Service (DAAD) offers scholarships for graduate students and researchers from developing countries. The stipend is €850 per month, along with health insurance and travel expenses. Eligibility criteria include being a citizen of a developing country with a university degree and a strong academic record, as well as proficiency in German or English. Application deadlines vary by program. More information can be found on the DAAD Scholarships website.
2# Eiffel Excellence Scholarships
This is a French government program designed to attract top international students to French universities. The stipend for this scholarship is €1,700 per month, in addition to covering tuition fees, health insurance, and travel expenses. Eligible candidates are non-French citizens under the age of 30 with a master’s degree or equivalent and admission to a master’s or doctoral program at a French university. Application deadlines also vary by program. Visit the Eiffel Excellence Scholarships website for more details.
3# Fulbright Foreign Student Scholarships
This program is funded by the U.S. government and supports international students to study at U.S. universities. The stipend is $1,800 per month, including coverage for tuition fees, health insurance, and travel expenses. Eligible applicants must be citizens of countries eligible for the program, hold a bachelor’s degree, have a strong academic record, and be proficient in English. Application deadlines vary by country. More information is available on the Fulbright Foreign Student Program website.
4# Chevening Scholarships
This UK government program offers funding for international students to study at UK universities. The stipend is £1,070 per month, in addition to covering tuition fees, health insurance, and travel expenses. Eligible candidates must be citizens of eligible countries with a bachelor’s degree and at least two years of work experience, and fluency in English. The application deadlines vary by country. Visit the Chevening Scholarships website for more information.
5# Schwarzman Scholars
This is a selective leadership program that offers full scholarships for international students at Tsinghua University in Beijing, China. The stipend for this scholarship is $4,000 per month for personal expenses. Eligible candidates must be under the age of 29 with a bachelor’s degree and strong leadership potential, and fluency in English. The application deadline is in early December. More details can be found on the Schwarzman Scholars website.
These scholarships are just a few examples of the numerous opportunities available globally, each offering significant financial support to help students focus on their academic and professional growth.
For more information and updates on scholarship opportunities, stay tuned to our blog. Additionally, a full table of the above-mentioned scholarships with information on their description, stipend, eligibility, deadline, and websites is provided for your convenience. This table offers an overview of each scholarship, including the monthly stipend amount, eligibility criteria, application deadlines, and website links for more information.
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