Young people nowadays are exploring more options for studying abroad to gain global exposure. In all likelihood, one’s educational years provide the best opportunity to live overseas. Plenty of educational institutions provide open-ended assistance with financial management.

Because of this, fulfilling one’s dreams is more accessible and more affordable than it may have seemed before. With an eye toward a brighter future, an increasing percentage of US students seek higher learning abroad. They add to the expansion of the country’s pool of skilled employees and diversity.

Scholarships are very helpful in this regard since they may cover tuition, miscellaneous fees, and sometimes even living expenses in the place of study. We have compiled a list of the most promising scholarship programs available to students in the United States.

Which country offers the best scholarships for US Students?

British scholarship programs are the best option for American students. Their financial aid packages are the least restrictive and provide a wide range of benefits to the student. The Rhodes Scholarship is one such award that covers up to full funding to students from the United States.

Even though these grants are only accessible to students at the master’s level, they provide the greatest financing for scientific research and study. It is now much simpler for students from the United States to get a visa to study in the United Kingdom, provided they match the necessary conditions. They provide for a wide range of expression and guarantee all citizens’ basic liberties because of their rich cultural heritage.

Best Scholarships for US Students

If you are a student in the United States seeking overseas scholarships for higher education, you have come to the right place. Let us now explore all the details.

1. Ontario Graduate Scholarships, Canada

  • Scholarship Program Link
  • Eligible Degree: Master’s, Ph.D.
  • Scholarship amount: $10,000 – $15,000
  • Offered by: Government of Ontario with partner university (University of Ontario)

One of the top recommend scholarships for US students is the Ontario Graduate Scholarship. Both the government of Ontario and the partner university contribute equally to the scholarship’s total funding. One of its partner universities, the University of Toronto, will award a select number of students and get financing each year.

Ontario’s qualifying institutions give scholarships to deserving students according to academic excellence and program-specific criteria. It’s available to students from all around the world, including those in the United States.

Language competence, a valid visa, and a stellar academic history are all prerequisites for acceptance of this scholarship. The University of Toronto comes under one of the greatest institutes to offer this grant to US students.

2. Rhodes Scholarship, United Kingdom

  • Scholarship Program Link
  • Eligible Degree: Master’s
  • Scholarship amount: Full funding
  • Offered by: Rhodes Trust and University of Oxford

For international students, especially those from the United States, the United Kingdom (UK) is a top study-abroad choice. As well as a long tradition of excellence in higher education and a plethora of world-class institutions, this country also boasts an excellent standard of living and a diverse cultural environment. The fact that it offers the Rhodes Scholarship through the University of Oxford is a big advantage.

To encourage and support outstanding students from across the globe to pursue graduate studies at Oxford University, the Rhodes Scholarship was set up. The Rhodes Trustees cover the whole cost of the student’s studies, including, tuition, laboratory, and other expenses.

In addition to tuition, each qualifying student gets a stipend intended to cover living costs throughout both the academic year and any time off they may take. Scholarships are renewable at the choice of the Rhodes Trustees and cover tuition, mandatory fees, and a living allowance. The eligibility criteria require an outstanding academic record along with English language proficiency.

3. DAAD Scholarship, Germany

  • Scholarship Program Link
  • Eligible Degree: Master’s Degree, Ph.D.
  • Scholarship amount: Full funding
  • Offered by: German Academic Exchange Service

Many of the world’s best universities are located in Germany, making the country a popular choice for international students interested in a wide range of study options. U.S. citizens are well-suited to take advantage of the many opportunities presented by this program.

Master’s degree graduates get an average of €934 per month from DAAD grants, while doctoral candidates receive an average of €1,200 per month. Those that are chosen will be offered a variety of benefits, such as a reimbursement for expenses, access to health care, and safety from legal action.

This fellowship is open to students from the United States who meet the minimal criteria of a Bachelor’s or Master’s degree, an additional two years of professional experience that is applicable, and fluency in English or German. Charité Berlin, Berlin, etc. are just a few of the German universities offering DAAD funding.

4. Erasmus Mundus Joint Masters Scholarships, European Union

  • Scholarship Program Link
  • Eligible Degree: Master’s degree
  • Scholarship amount: Full funding
  • Offered by: European Union

Students from the United States who want to further their education in Europe may do so via the Erasmus Mundus Joint Master Degree (EMJMD) program. Considered to be one of the leading scholarship programs for American students, EMJMD provides students with the opportunity of pursuing education and employment in many European countries. The cost of tuition, mandatory medical insurance, library fees, lab fees, etc. are all paid for in entirety by this.

EMJMD’s registration costs tend to be deducted directly from the monthly compensation. A candidate from a program country may get a yearly award of €4,500, while a student from a partner country can receive a yearly award of €9,000.

Approximately 22 prizes are awarded each year. An updated version of the Erasmus Mundus Catalog, including master’s degree programs that get EU financing and may be competent for providing Erasmus Mundus scholarships, is published periodically by the European Union.

Qualifications for eligibility may include but are not limited to, possession of a four-year degree or higher in a related subject, proof of proficiency in English, etc. Sweden, Denmark, and Belgium are just a few of the European Union (EU) nations that accept applications from America for this award.

5. Korean Foundation Scholarship, Korea

  • Scholarship Program Link
  • Eligible Degree: Master’s, Ph.D.
  • Scholarship amount: Full funding
  • Offered by: Ministry of Foreign Affairs, Republic of Korea.

Last on our list is the Korean Foundation Scholarship, which will grant this award to 150 students from around the world, including students from the US. Korea is a nation rich in educational excellence and regularly offers opportunities for foreign students.

The amount offered in this scholarship is $15,000 for Master’s students and $25,000 for Ph.D. students in the US. To qualify, applicants must not currently possess a doctoral degree and attend full-time in a doctoral program at an educational institution in Korea that is researching a subject linked to Korea in social science, humanities, arts, etc. The applicant additionally has to be a native or permanent resident of a country other than Korea.

 

Although it might be expensive, studying abroad is a fantastic opportunity to invest in one’s life, both professionally and personally. Fortunately, students from the United States may apply for scholarships at a number of foreign institutions. Scholarships and grants are available to deserving students in several countries, including the UK, Canada, Germany, and Korea.

We hope that article about the best scholarships for US students will be of great use to you. Make sure to also check out our Scholarships Page for different information on scholarships and universities across the globe!

About the Author: Hyun Lee

Hyun is the founder at Global Scholarships. He has received a full-tuition scholarship at Birmingham-Southern College as well as $1,000 Burger King Scholarship for his undergraduate degree and has been offered a fully funded scholarship consisting of tuition, living stipend, and health insurance for computer science Ph.D. program at North Carolina State University. Read more about his scholarship journey here.

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