Best Study Abroad Scholarships in 2022

There are many reasons why a student may be interested in studying abroad. For some, it is an opportunity to learn in a new environment and meet like-minded people; for others, it may be the only way to achieve their educational goals. But studying abroad is not possible without incurring a mountain of financial debt.

Students from India are some of the most prolific international students in the world today. Over 207,000 Indian students studied on foreign campuses in 2016-17 alone. It is mainly due to India's booming economy, which has led to more young people seeking higher education abroad. However, choosing where to study can be challenging for students with unique circumstances or requirements—especially when it comes to covering tuition, accommodation, and living expenses.

Luckily, there are numerous scholarships for Indian students that will help them fund their dreams and give them the best chance of success at whichever school they choose. Read on for the Best 10 study abroad scholarships.

Best Study abroad scholarships in 2022

Commonwealth Scholarship and Fellowship 

Commonwealth Scholarship and Fellowship Foundation awards scholarships to talented but financially challenged Indian students who wish to pursue an undergraduate or postgraduate degree abroad.

Eligibility Criteria: This scholarship is available to Indian citizens admitted to an accredited program outside India in the following fields: Engineering, Computer Science, Sciences, Humanities, Arts, Business, or Journalism. Also meeting the above criteria, applicants must also have a minimum 70% overall academic average (with no mark lower than 60%), demonstrate financial need, and they have to write a strong essay as part of their application. The essay should focus on how the candidate's studies will benefit the people of India.

Fulbright-Nehru Fellowships 

The USIEF, an independent non-profit organization, awards the Fulbright-Nehru Fellowships/Scholarship for Indian Students. Foundation provides scholarships to Indian students who wish to study abroad in the USA at any of the following institutions: American University, University of Southern California, Cornell University, Georgetown University, Georgia Tech, Purdue University, Stanford University, Temple University, University of California, University of Chicago, University of Illinois, University of Michigan, University of Pennsylvania, University of Notre Dame, University of Texas, University of Virginia and Wharton Business School.

Eligibility Criteria:  Applicants must be Indian citizens currently enrolled in an undergraduate or postgraduate degree program outside India. In addition to meeting the above criteria, candidates must have a minimum 90% overall academic average and a 12th-grade GPA of 80%.

IIM Scholarships for Indian Students 

The Indian Institutes of Management (IIMs) are autonomous public institutes of management education and research across India. They are one of the country's most prestigious business schools and consistently rank near the top of Forbes' list of "best management schools in Asia." There are 20 IIMs today, with campuses in Ahmedabad, Bangalore, Bhubaneswar, Calcutta, Gandhinagar, Hyderabad, Jammu, Kolkata, Lucknow, Patna, Ranchi, Rohtak, Shillong, Shimla, Silchar, Srinagar, and Tiruchirappalli.

The IIMs also offer a range of scholarships to Indian students who wish to study at their campuses. These include different scholarships for both undergraduate and postgraduate candidates. IIM scholarships are highly competitive but very generous in terms of their value. They can cover 50% and 100% of a candidate's tuition costs and are awarded based on academic merit and financial need. Many of these scholarships are granted on a first-come, first-served basis, so you should apply as early as possible to give yourself the best chance of success.

Australia Awards Scholarship 

The Australia Awards Scholarship program for Indian Students is awarded by the Department of Foreign Affairs and Trade in Australia, Indian students who wish to study in any of the following fields: Accounting, Applied Sciences, Architecture, Business, Computer Science, Dentistry, Engineering, Humanities, Journalism, Law, Medicine or Visual Arts abroad can apply for this program. Eligibility Criteria: Applicants must be Indian citizens currently enrolled in an undergraduate or postgraduate degree in Australia.

PEO International Scholarship Program 

PEO International offers a scholarship program for Women. This organization was founded in 1894 to aid women and has currently seven programs running to do so. The Foundation aims to empower women from marginalized communities by providing them with the financial resources they need to study at a tertiary level.

Eligibility Criteria: Applicants must be women currently enrolled in an undergraduate or postgraduate program in the USA or Canada. Under the program, a grant of around 2,900 USD will be offered to the selected candidates.

Tata Scholarship 

Tata Scholarship Program is specifically for students who want to pursue a Bachelor's degree from Cornell University. Awarded only to Indian students pursuing a bachelor's program in the following fields Engineering Applied Economics, Agriculture and Life Sciences, Biological Sciences, and Physical Sciences Social Sciences. Tuition Fees for all semesters, accommodation expenses, Travel expenses, and Medical and miscellaneous expenses are funded in this scholarship program.

Australian Embassy Scholarship Programs 

The Australian Embassy announced to the award fully funded scholarships to Indian nationals from the 2018-2019 academic year. This scholarship program is open to all Indian citizens and has been designed to provide maximum support and flexibility to eligible participants. Scholarship payments are made directly into a participant's bank account monthly in arrears. Successful applicants must register with the Australian Study Services Centre across the country. Successful applicants will be required to interview with the Australian Embassy in Canberra before being granted a scholarship place.

Vice Chancellor's International Scholarships 

The Vice Chancellor's International Scholarships was established in 2015 and is open to all students who are not citizens of the United Kingdom and have been admitted to a full-time undergraduate degree program at the University of Edinburgh.

This scholarship is the only one of its kind in the world which provides international students with a full tuition fee waiver for three years and an £850 stipend each year.

Rhodes Scholarship 

The Rhodes Scholarship provides funding to study at the University of Oxford. The scholarship is considered an honor and one of the world's most prestigious.

The Rhodes Scholarship selects thirty-six students from each year's applicant pool, or about sixty. Successful applicants receive financial support for two years at Oxford, including tuition and living expenses, as well as money for overseas travel during their second year. They also receive mentorship from a member of the Scholarship Committee either before they go abroad or while there.

Chinese Government Scholarships 

The country has focused on enhancing its educational system, forming alliances with leading academic institutions worldwide, and creating an excellent scholarship program for international students eager to come to China for higher education.

Chinese government scholarships are not just about education. They have other purposes, too, such as understanding the culture, getting hands-on experience in large enterprises, and finding one's passion.

Applicants can submit their resumes online through an online application form or at Chinese embassies abroad. They can also do so personally at any Chinese embassies/consulates located abroad or at any institutes of higher learning located within China where they want to study.

UBC International Leader of Tomorrow Award 

The UBC International Leader of Tomorrow Award is an annual award that recognizes the achievements of a student from a developing country in their pursuit of post-secondary education.

The UBC International Leader of Tomorrow Award was announced in 2010 by the Office for International Students and Scholars and the Faculty of Medicine and Graduate Studies at the University of British Columbia. UBC award aims to recognize international students' extraordinary commitment to academic excellence who have demonstrated leadership and resilience throughout their time at UBC.

Eligibility: Students must study a program at the University of British Columbia.

Conclusion 

These are some of the best study abroad scholarships in 2022 available for Indian students. We picked the programs based on top countries. Many other great programs are available, but these were our top picks. It is essential to research and select the program that fits your requirements.

An IIT Delhi IIM Ahmedabad alumni initiative

Alpha Education Abroad is an initiative by IIT Delhi and IIM Ahmedabad alumni. The firm helps students get admitted to top universities overseas in the US, UK, Australia, Canada, Germany, and many other countries. It allows students to apply for graduation as well as post-graduation courses abroad. It also helps students get admitted to top 1 year MBA programs such as ISB and IIM Ahmedabad in India.