Are you planning to study abroad but want financial assistance to be able to do so? If so, you should look for government scholarships to study abroad. Yes, you heard it right; the Indian government offers multiple scholarships for students to help them pursue their higher studies abroad.
Not only the Indian government but also some other countries' governments and universities offer such scholarships where your study expenses are carried out from their end. So, let's look at five scholarships for studying abroad by the Indian government and foreign countries.
1. Fulbright-Nehru Master's Fellowship
The Fulbright-Nehru Master's Fellowship is a prestigious scholarship for students who aim to pursue their higher education in the United States.
Eligibility Criteria:
- You need a bachelor's degree, a master's degree, or a full-time master's diploma.
- A score of a minimum of 55% in your graduation.
- An experience in community service.
- At least a band of 6.0 on English proficiency tests like IELTS
Coverage:
The Fulbright-Nehru Master's fellowship covers a range of your expenses. It includes living costs, tuition fees, health insurance, and travel allowances. The Fulbright-Nehru Master's Fellowship also includes airfare from India to the US. You also get tuition fees for the chosen institution along with the selected health cover. So this makes it one of the most sought-after scholarships for studying abroad by the Indian government due to its excellent financial support.
2. Great Scholarships
The Great Scholarships supports Indian students pursuing postgraduate studies in the UK. It is available at 20 participating UK universities.
Eligibility Criteria:
- Must be an Indian citizen
- Should hold a UG degree
- Must be applying to a participating university in the UK
Coverage:
You can cover your tuition fees, health care, and living expenses through this government scholarship for studying abroad. With a maximum of USD 10,000, this destination-based scholarship is an excellent chance for you to study in the UK. The Great Scholarship also covers your one-way travel and living costs. Hence, it is a valuable option if you want to seek a govt scholarship to study abroad.
3. The Fulbright-Kalam Climate Fellowship
Unicef sponsors the Fulbright-Kalam Climate Fellowship. It supports doctoral, academic, and professional research on climate change issues.
Eligibility Criteria:
- Must be registered for a PhD program with extensive research conducted in their field
- Employed applicants must adhere to guidelines for the employer's endorsement
Coverage:
This government scholarship for studying abroad offers you a monthly stipend, health coverage, and visa fees. The Fulbright-Kalam Climate Fellowship covers J-1 visa support. In addition, it gives you professional allowances and health insurance per government regulations. Hence, it is an excellent opportunity for students seeking a govt scholarship to study abroad.
4. The Indian Global Leaders Scholarship
The Indian Global Leaders Scholarship is for students who want to study Business, Law, or Economics at a university in Queensland. It is offered by the University of Queensland, Australia.
Eligibility Criteria:
- You must be an Indian citizen currently residing in India.
- Should have a strong record in academics.
- Must pursue or be pursuing studies in Business, Economics, or Law.
Coverage:
The scholarship provides you with financial support for these fields. Moreover, it covers your tuition fees ranging from AUD 5,000 to 20,000. The scholarship includes access to programs offered by the Student Employability Team. This government scholarship for studying abroad is a great chance to advance your education in Queensland.
5. The National Overseas Scholarship for Scheduled Caste (SC) Students
The Ministry of Social Justice and Empowerment introduced this scholarship. It funds the education of students from scheduled caste backgrounds. This government scholarship for studying abroad awards 100 scholarships annually.
Eligibility Criteria:
- Must have at least 60% in previous exams
- Should be a Permanent resident of India
- Family's annual income should not exceed INR 8 lakhs
- Maximum of two children from the same family
- Age limit of 35 years
Coverage:
This National Overseas Scholarship covers your airfare, tuition fees, living costs, and books. It also covers medical insurance premiums, contingency allowance, and visa fees. You also get an incidental journey allowance and an annual maintenance allowance.
Importance of International Student Travel Insurance When Going Abroad for Studies
While a scholarship does mean that the government or the university will cover your expenses, comprehensive coverage can be missing sometimes. That's where it becomes essential to have international travel insurance.
There are many plans which are created specifically to cover studies abroad. One such international student travel insurance is Future Student Suraksha by Future Generali.
This travel insurance covers medical expenses abroad, which can cost a lot without this student insurance. Moreover, you also get coverage for lost baggage and passports, along with sponsor protection. So, with this FG student travel insurance, you can ensure your safety abroad.
These five scholarships represent just a few of the many opportunities available to Indian students aspiring to study abroad. These scholarships offer good coverage for studying abroad. However, to maximise your protection and well-being, consider purchasing student insurance.