How Bangladeshi students can apply for a scholarship to study abroad in the U.S. or Canada

Applying for scholarships to study abroad may feel like a big challenge, but the rewards can make it all worthwhile. For Bangladeshi students dreaming of studying in the U.S. or Canada, a scholarship can help ease the financial burden and give you access to incredible academic and career opportunities. The significant currency exchange rate between the taka and dollar makes scholarships particularly important for Bangladeshi students. If you’re searching for international postgraduate scholarships, knowing what’s available and how to apply can improve your chances for success.

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Key statistics

  1. Total number of Bangladeshi students in the U.S. (2023-2024):In 2023–2024, more than 17,000 Bangladeshi students were enrolled in U.S. institutions, which is an all-time high. This is a 26% increase from the previous academic year.Source: opendoorsdata.org
  2. Year-over-year growth – Bangladeshi students in the U.S. and Canada (2022-2023 to 2023-2024):Canada’s popularity as a study destination for Bangladeshi students has grown significantly. In 2023, over 15,800 Bangladeshi students chose Canada, a 150% increase since 2018. Meanwhile, the number of Bangladeshi students studying in the United States reached an all-time high, with more than 17,000 currently enrolled in U.S. institutions.Source: opendoorsdata.org, Government of Canada
  3. The proportion of Bangladeshi students among all international students:The total number of international students in the United States for the 2023-2024 academic year was 1,126,690. Bangladeshi students accounted for 1.5% of this total, with 17,099 Bangladeshi students enrolled.Source: IIE Open Doors 2024 Report

Why scholarships for studying abroad matter for Bangladeshi students

Earning a scholarship to study internationally can transform your academic experience and your future. Here are some of the key reasons why scholarships for master’s degrees or doctoral programmes are worth exploring for Bangladeshi students.

  • Eases financial pressure: Studying abroad in the U.S. and Canada can be expensive, with tuition, housing and other costs quickly adding up. For Bangladeshi students, scholarship funds can bridge the significant gap created by the taka-to-dollar conversion, which makes U.S. and Canadian education particularly expensive. A scholarship helps cover some or all these expenses, allowing you to focus on excelling in your studies rather than worrying about funding them.
  • Boost your academic and professional profile: Being selected for a scholarship is a recognition of your achievements. It shows you’ve excelled academically or demonstrated exceptional leadership skills, which can set you apart in future job applications or academic pursuits. For Bangladeshi students returning home after studies, having prestigious international scholarships on your CV can significantly boost career prospects with multinational companies operating in Bangladesh.
  • Networking opportunities: Many scholarship programmes will connect you with mentors, professionals and fellow scholars. For Bangladeshi students, these networks can be invaluable for securing internships and job opportunities, both internationally and when returning to Bangladesh. These connections can provide valuable guidance, open doors to career opportunities and help you build a strong professional network.
  • Less reliance on loans: Without a scholarship, you may have to take on loans to cover the cost of your education. For Bangladeshi students and families, the high exchange rate means even larger loan amounts in taka. Receiving financial aid through a scholarship can reduce your debt, making it easier to manage your finances after graduation.

Strategies for how Bangladeshi students can apply for a scholarship to study abroad

As you consider how to apply for a scholarship to study abroad, these strategies can help you stay organised and improve your chances of success.

  • Start early: Scholarship deadlines can be months before the start of a semester, so begin your research at least a year in advance. For Bangladeshi students, this is particularly important as you’ll need extra time to arrange for credential evaluation, standardised test scores, and visa processing. This gives you enough time to find the best opportunities and prepare strong applications.
  • Research scholarship opportunities: You can find a variety of scholarships by looking at university websites, scholarship databases, professional organisations and government programmes. The EducationUSA Bangladesh maintains offices in Dhaka and provides free advising services on scholarship opportunities for Bangladeshi students. Be sure to consider all the various types of scholarships available, including those based on academic merit, financial need and specific fields of study.
  • Check eligibility requirements: Each scholarship has different requirements, such as GPA minimums, leadership experience or nationality restrictions. For Bangladeshi students, additional requirements may include specific standardised test scores like GRE, GMAT or TOEFL, as well as authenticated academic transcripts from Bangladeshi institutions. Confirm you meet all criteria before investing time preparing an application.
  • Prepare a winning personal statement: Your personal statement is your chance to stand out. Share your academic goals, career aspirations and why you deserve the scholarship, describing yourself in a way that’s compelling and authentic. Consider including how your education abroad will benefit Bangladesh upon your return, as many scholarship committees value this commitment to giving back. Draw on uniquely Bangladeshi experiences that set you apart.
  • Line up recommendations: Choose recommenders who know you well and can write detailed, enthusiastic letters about your achievements and potential. If possible, include recommendations from well-regarded Bangladeshi academics or professionals who understand the global context of your field. A strong letter from a professor or employer can make a big impact.
  • Apply for multiple scholarships: The more scholarships you apply for, the better your chances of securing funding. Many successful Bangladeshi students combine several smaller scholarships to fund their education. Don’t put all your hopes on one application – casting a wide net can increase your opportunities.

Creating a standout scholarship application for Bangladeshi students

Submitting a thoughtful and well-prepared application can significantly improve your chances of earning a scholarship to study abroad. Here are some strategies for how Bangladeshi students can apply for scholarships to study abroad and help you stand out.

  • Follow instructions carefully: Scholarship providers receive many applications, and one of the quickest ways to get disqualified is by ignoring the instructions. Read through the scholarship requirements carefully, ensure you’ve included relevant documents and stay within word limits on written responses. For Bangladeshi students, prepare for additional documentation requirements such as degree equivalency certificates, financial affidavits and passport verification.
  • Showcase leadership and extracurricular activities: Scholarship committees often look for well-rounded students. Be sure to highlight any community service, leadership roles or research experiences that show your initiative and impact. For Bangladeshi students, highlighting experiences relevant to your home country, such as volunteer work in local communities or leadership in national organisations, can give your application a unique perspective.
  • Tailor your application to each scholarship: Don’t submit the same essay for every application. Customise your responses to point out how your experience and interests align with each scholarship funder’s mission and values, showing why you’re the perfect fit. Research each organisation’s mission to understand what they’re looking for in candidates.
  • Proofread thoroughly: Spelling and grammar mistakes can weaken even the strongest application. Review your work multiple times and ask a teacher or mentor to provide feedback before you submit your materials. For Bangladeshi students writing in English, it may be helpful to have your application reviewed by someone familiar with British or American English conventions, depending on your destination country.
  • Submit before the deadline: Funders typically will not consider late applications. Set reminders for deadlines and try to submit at least a few days early to avoid last-minute stress or technical issues. Remember to account for time zone differences when submitting applications from Bangladesh.

MPOWER Financing: International scholarships, loans and more for Bangladeshi students

MPOWER Financing is dedicated to helping international students achieve their educational dreams. As a mission-driven lender, MPOWER offers financial resources that make it possible for students from around the world to finance their education in the U.S. or Canada.

MPOWER provides:

  • International scholarships: MPOWER offers a variety of scholarships for international students pursuing a postgraduate degree in the U.S. or Canada. The MPOWER Global Citizen Scholarship provides up to US$8,000 (BDT 880,440) for selected students. They also offer scholarships for Chinese students, refugees and students pursuing STEM or MBA degrees at an MPOWER-eligible school.
  • International student loans: MPOWER provides flexible education loans from US$2,001 (BDT 220,220) to US$100,000 (BDT 11,005,500). With no collateral or cosigner required, these stable, fixed-rate loans are a hedge against inflation and open up more possibilities for financing an education in the U.S. or Canada. This can be particularly valuable for Bangladeshi students who may not have family or connections in North America who could serve as cosigners.
  • Career services: Free assistance with searching and applying for jobs and internships for F-1 students, making it easier to find work after graduation. These services can be particularly valuable for Bangladeshi students looking to gain work experience through optional practical training (OPT) in the U.S. or the post-graduation work permit program (PGWPP) in Canada.
  • Visa support: MPOWER offers free guidance and expert resources to help students navigate visa applications and meet necessary requirements for studying in the U.S. or Canada. This is especially helpful for Bangladeshi students applying for U.S. and Canadian student visas each year.
  • Additional offerings: MPOWER also helps students find health insurance options, financial services and many other customised resources to support international students in their academic journeys. Health insurance is mandatory for international students in the U.S., and finding affordable options is especially important for Bangladeshi students managing expenses in a foreign currency.

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FAQs


How do I find scholarships I’m eligible for as a Bangladeshi student?

Start by looking for scholarships that match your academic background, country of origin and field of study. The EducationUSA Bangladesh maintains offices in Dhaka and provides free advising services on scholarship opportunities. University websites, government programmes and private organisations all offer valuable opportunities including websites such as internationalscholarship.com, IEFA.com and EduPass.org. Additionally, check with the Ministry of Education in Bangladesh for Bangladesh-specific opportunities.

Can I apply for multiple scholarships?

Applying for multiple scholarships increases your chances of receiving financial aid. Many successful Bangladeshi students combine several smaller scholarships to fund their education. Just be sure to tailor each application to the specific requirements of each funder. Keep track of different application requirements and deadlines with a spreadsheet or similar tool.

What documents do I need for my application as a Bangladeshi student?

Most scholarship applications require transcripts, a personal statement, recommendation letters and proof of financial need. For Bangladeshi students, prepare for additional documentation requirements such as degree equivalency certificates, financial affidavits and passport verification. Some may also ask for a CV or additional essays. For many scholarships targeting Bangladeshi students, you may also need to provide proof of Bangladeshi citizenship or permanent residency.

Are there scholarships specifically for master’s degrees for Bangladeshi students studying abroad?

Many organisations offer master’s scholarships for Bangladeshi students. The Fulbright Bangladesh Fellowship and several international foundations offer substantial funding specifically for Bangladeshi students. Some overseas master’s scholarships are available through universities, while others are funded by governments or private foundations. The MPOWER Global Citizen Scholarship provides up to US$8,000 (BDT 880,440) for selected students pursuing studies in various fields.

Do I need to take English proficiency tests for postgraduate scholarships in the U.S.?

Many U.S. postgraduate scholarships for international students require proof of English proficiency, such as TOEFL or IELTS scores. If your previous education was in English, which is common for many Bangladeshi students who attended English-medium schools, you may be able to request a waiver. However, it’s best to check the specific requirements of each scholarship, as some may still require these scores regardless of your educational background.

DISCLAIMER – Subject to credit approval, loans are made by Bank of Lake Mills or MPOWER Financing, PBC. Bank of Lake Mills does not have an ownership interest in MPOWER Financing. Neither MPOWER Financing nor Bank of Lake Mills is affiliated with the school you attended or are attending. Bank of Lake Mills is Member FDIC. None of the information contained in this website constitutes a recommendation, solicitation or offer by MPOWER Financing or its affiliates to buy or sell any securities or other financial instruments or other assets or provide any investment advice or service.

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