What is a Good Scholarship Amount?

What is a Good Scholarship Amount? is a common question we see at the QnA forum of Shiksha.com. among students planning to study abroad. Answering this question isn't easy as the answer will differ from student to student. A good scholarship amount can't be appropriately defined as what may be enough for one student may not be enough for others.
Check out the article for all details about scholarships and how to assess if they are good enough or not.
- How to Choose Which Scholarship is Best?
- Which ones are Good Scholarships?
- What is a Good Scholarship Amount? FAQs
How to Choose Which Scholarship is Best?
There are a wide range of scholarships available for students to study abroad. From university-based scholarships to external scholarships, a plethora of scholarships are available for international students. The students can choose the best options for themselves based on the availability of scholarships. Thus, applicants should check the following pointers before choosing a scholarship:
- The duration covered under the scholarship and how much aid will be offered.
- The coverage of the scholarship for tuition fees, accommodation costs and other miscellaneous expenses.
- If the scholarship award is granted before the study commences after the study is completed or during the course of the study.
- Also, if the scholarships are externally funded then check for authenticity and submit the documents accordingly.
- Finally, check if the scholarship amount is credited within the required time based on the previous applicant testimonials.
Which ones are Good Scholarships?
There are various types of scholarships but those which are full-ride and merit-based or even need-based are considered good scholarships for international students. Check out in detail about the good amount offering scholarships for international students in the following section:
Full Ride Scholarships
We will begin by explaining Full-Ride Scholarships. These scholarships offer free education as 100% of your costs are taken care of. However, these scholarships are immensely exclusive and competitive. Student profiles are judged based on academic excellence and extra-curricular achievement. If your GPA is a perfect 4 or you were captain of a sports team or president of a society, you only stand a chance at winning this scholarship. Therefore, although full-ride scholarships are very lucrative, they are tough to get.
Also Read: How to Win a Chevening Scholarship – Complete Guide
Merit-Based Scholarships
When searching for scholarships, many students feel that they are unlikely to find the money for university/college. While it seems that most scholarships reward only $100 to $200, some scholarships far surpass that value. Many scholarship awards are higher in value and available for students who are selective and have good academics. Below we have compiled a list of some of the most significant dollar-amount scholarships.
- ASNT Fellowship Award
Amount - $20,000
The ASNT Fellowship Award is a cash award, currently up to $20,000 per award. The application should be in the form of a proposal for a graduate-level research project from the university.
- Augustana University Distinguished Scholar Competition
Amount - $60,000
Augustana University invites students who have strong records in their academics and have demonstrated exceptional leadership to their school. Eligible applicants must have an ACT of 27, SAT of 1260, and a 3.5 GPA.
- Boren Scholarships
Amount – $25,000
Boren Scholarships is a prestigious National Security Education Program initiative for students. It provides unique funding opportunities for U.S. undergraduate students in study abroad, including Africa, Asia, and the Middle East. High school graduates, GED recipients, and matriculated undergraduate students may apply for the scholarship.
- Davidson Fellows Scholarship
Amount - $50,000
The Davidson Fellows Scholarship awards scholarships to extraordinary young people who have completed a significant piece of work. Davidson Fellows are honored yearly in Washington, D.C. with Congressional meetings and a special reception. Applicants must be U.S. citizens or permanent residents 18 years old or younger.
So what is the realistic amount most students should expect from a scholarship? The true answer to this question will be whatever amount you are offered should be good enough. It could be 25% of your one-year's tuition fee or $5,000-$10,000. You might get a $50,000+ scholarship and should consider yourself lucky if you get any amount above $15,000. The better and more robust your student profile, the larger the amount you will get. Don't ignore smaller scholarships that offer $500-$1000. This amount may not be enough to cover the tuition fee but it can take care of your textbook expenses or lab fee. Moreover, you can apply for as many different scholarships as you wish.
Also Read
- How Are Scholarships Awarded?
- What Kind of Student Profile is Required to Win a Scholarship?
- Types of scholarships available for Study Abroad aspirants
- Private Trusts offering Scholarships and Loans for studying abroad
- What are the chances of receiving a Scholarship?
- Common Expenses Covered in Scholarship
What is a Good Scholarship Amount? FAQs
Q. Can I get a full scholarship as an international student?
A. Yes, you will get a full scholarship based on your academic profile. Many universities in the U.S. offer scholarships to international students. It can depend on which college or university the student wants to attend. In addition, the Fulbright scholarship, which the government funds, gives full-tuition scholarships to its recipients. The applicants will have to be at the top of their game in order to get a full scholarship as international students.
Q. How much scholarship money do most students get?
A. The average scholarship that most of the students get is worth $7,400. Only 0.2% of students got $25,000 or more in scholarships per year. The NCAA awards more than $2.9 billion in athletics scholarships annually. 48% of students receive federal scholarships.
Q. Which are the best scholarship for international students studying abroad?
A. Some of the best scholarships for international students to fund their education abroad are as follows:
- Eiffel Excellence Scholarship Programme (France)
- Chevening Scholarships (UK)
- Endeavour Postgraduate Awards (Australia)
- Fulbright Scholarships (USA)
- Rotary Foundation Global Study Grants (Global)
- GREAT Scholarships (UK)
There may be other scholarship programs that can be considered by international students to study abroad, thus applicants will have to check the university websites and check for other external scholarships also so that they can get some good funding.
Q. Is it hard for international students to get a scholarship?
A. International students get scholarships based on their academic profile or merit. The main difference is that international students may need to provide additional documentation during the application process. Many international students study abroad seeking a high quality education. Thus, not everyone can support their education through finances that are available from their parents. In orer to be able to study abroad, applicants need funding and nothing is better than getting scholarship. Since, the competition is tough, it might be hard for applicants to get a scholarship to study abroad.
Q. What is a good GPA for a scholarship?
A. The Minimum GPA requirements range from around 2.0 on the lower end to 3.75 or higher for competitive academic scholarships. So many abroad universities ask for high GPAs for scholarships. A 3.0 GPA or higher will give you a decent shot at qualifying for a variety of scholarships. A lot of students compete for one scholarship, thus, the applicants who have a good academic background and can justify themselves to get a scholarship are awarded one. Thus, it is important to have a good academic background and then apply for a scholarship.
Q. What is the highest scholarship amount that one can get?
A. The highest scholarship amount can vary significantly depending on the specific scholarship, the institution, and the country. Some scholarships cover full tuition fees, living expenses, and even visa and English test fees, while others provide only partial funding.
Here are some of the most prestigious fully-funded scholarships to study abroad:
- Gates Cambridge Scholarship: This scholarship covers full tuition, fees, and living expenses for graduate study at the University of Cambridge.
- Rhodes Scholarship: Offers full funding for graduate study at the University of Oxford.
- Fulbright Scholarship: Provides funding for study or research in the United States.
The application process at the University of Manchester can change depending on course chosen and level of study. The steps to apply for undergraduate and postgraduate courses at the university are given as follows:
UG Application Process:
- Student must apply through the UCAS common application portal.
- They can go to the website and select the course that they are interested in.
- Students are required to meet the eligibility requirements (Academic qualifications, English proficiency, etc.
- Once they have decided on the course, the important documents are to be submitted such as SOP, Transcripts and personal statements.
- You can track the application's progress through your given credentials by UCAS.
- Once the applicant submits the application to UCAS, it forwards to the University, and the admission teams carefully analyse the application document.
- The university will send you an offer letter once selected. Hence keep checking your UCAS portal for your application status.
Check out: tips to improve your SOP.
PG application process:
- Select the postgraduate course you are interested in from the University of Manchester.\
- Ensure you meet the entry requirements for the chosen program, as they vary depending on the course.
- Complete the online application by providing your personal information.
- Upload the required documents, such as Academic transcripts and proof of English language proficiency ( TOEFL/ IELTS). experience in your fields and references (depending on the course). You also may require Two LORs depending on the course.
- If your application is successful, you will receive an offer from the University of Manchester.
To make your admission better, check out the following: How Admission Officers Evaluate your application.
The English language test score required at the Univerisyt of South Wales are mentioned in the table below for the international applicants whose first language is not English
Exam | Minimum Scores |
---|---|
IELTS | 6.0 with at least 5.5 in each band |
TOEFL | 72 overall and a minimum of 18 in reading, 17 in listening, 20 in speaking and 17 in writing |
PTE | a score of 59 overall and 59 in each component. |
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2 years ago
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2 years ago
After applying to Hertfordshire University UK, the applicants are going to receive an initial decision about their application within 2-3 working days. After the submission of the application and documents, the applicants are required to pay their tuition deposit. Then, complete the Sponsorship interview and the financial declaration. International students are required to pay a deposit of £5,000 before registration. The balance can be paid in line with the liability dates related to the year and entry of the semester.