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How to apply for an overseas master’s scholarship

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Earning a master’s degree overseas in the U.S. or Canada is an exciting opportunity that can open doors to career growth, cutting-edge research and an international network of peers. However, the cost of tuition and living expenses can be overwhelming for many students coming from other countries. As you consider pursuing a degree abroad, an overseas master’s scholarship can help pay for your education without taking on more debt. Knowing how to apply for a scholarship to study abroad can increase your chances of securing funding and making your dream of studying overseas a reality.

Types of  overseas master’s scholarship

There are several types of education scholarships available for international students pursuing a master’s degree in the U.S. and Canada. Each type of scholarship has different eligibility requirements and benefits.

Scholarships based on merit

These scholarships are awarded to students who have demonstrated outstanding academic performance, leadership skills or contributions to their field. Many universities offer these scholarships to attract top international students. These scholarships can significantly reduce tuition costs and sometimes even cover living expenses.

Scholarships based on need

Designed for students who demonstrate financial need, these scholarships help make education more accessible. Many institutions assess needs based on family income, assets and other financial factors. Some scholarships cover full tuition, while others offer partial funding.

Scholarships for students in specific fields

Many scholarships are available for students pursuing degrees in high-demand fields such as STEM, business and healthcare. These are often provided by universities, private companies or industry organizations looking to invest in the next generation of professionals.

Diversity and regional scholarships

Some scholarships are created to support students from underrepresented backgrounds or specific regions. For example, U.S. scholarships for Indian students provide funding opportunities for Indian nationals studying in the U.S. Many of these scholarships aim to promote cultural exchange and academic excellence.

University scholarships

Many universities offer their own scholarships for master’s degrees, including U.S. postgraduate scholarships for international students. These awards may be based on merit, financial need or a combination of both. Some institutions automatically consider applicants for scholarships during the admissions process, while others require separate applications.

Government-funded scholarships 

Both home and host governments provide scholarships for master’s abroad to promote higher education and international collaboration. Examples include Fulbright scholarships and Canada’s Vanier Graduate Scholarships.

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How international scholarships fit into funding your studies

While an overseas master’s scholarship can reduce tuition and living costs, you may need to combine scholarships with other funding sources to cover all educational needs. Here are some additional ways you can finance their education.

  • Grants: Grants, like scholarships, provide financial assistance that does not need to be repaid. These are often awarded based on financial need, academic merit or specific research interests. Many government and private organizations offer grants to international students.
  • Assistantships: Many universities offer research and teaching assistantships, which provide tuition remission and a stipend in exchange for part-time work. These positions give students valuable experience in their field while helping to cover education costs.
  • Fellowships: Fellowships are highly competitive, merit-based awards that fund graduate studies without requiring students to work. They are often awarded by universities, research institutions or private organizations and can cover tuition, living expenses and even research costs.
  • Work-study programs: Many universities offer work-study opportunities that allow students to work part-time on campus to help offset their education costs. These positions are often flexible, providing valuable work experience while ensuring that students can balance their studies and job responsibilities.
  • Loans: Loans from private lenders can supplement scholarship funding, helping students cover tuition, housing and other education-related costs. Some lenders require a cosigner, while others, like MPOWER Financing, offer no-cosigner loans designed specifically for international students.

Tips for securing an international scholarship

Applying for an overseas master’s scholarship requires careful planning and preparation. Follow these tips to boost your chances of success:

  • Begin the process now: Deadlines for scholarships may be months before the academic year starts. Begin researching and applying as soon as possible to increase your chances of success.
  • Find the right scholarships: Focus on scholarships that align with your academic achievements, field of study, financial situation and nationality.
  • Write a compelling personal statement: Your essay should highlight your academic journey, future goals and why you deserve the scholarship. Be specific and authentic in your storytelling.
  • Line up glowing letters of recommendation: Ask professors or professionals who know your strengths and can provide detailed, personalized recommendations.
  • Customize each application: Tailor your essays and application responses to each scholarship provider’s mission and values.
  • Proofread thoroughly: A well-polished application that’s free of grammatical errors shows professionalism and attention to detail.
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MPOWER Financing: Scholarships and support for international students

MPOWER Financing is a leader in providing financial resources for international students, empowering students from around the world to achieve academic and career success. Along with a variety of overseas master’s scholarships, MPOWER offers no-cosigner student loans that can help to finance a degree in the U.S. or Canada. MPOWER’s loans range from US$2000 to US$100,000 and feature an easy application process, fast approval decisions and interest-only payments while you’re pursuing your degree.

MPOWER also offers career support to help students find internships and jobs, and visa services that include a visa support letter, a visa preparation course, personalized mock interviews and live Q&A webinars. With MPOWER, international students can find the resources they need to make their dreams of studying abroad a reality.

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FAQs

What are no-cosigner loans?No-cosigner loans are education loans that don’t require a guarantor. MPOWER Financing offers no-cosigner loans designed for international students who may not have access to traditional loan options.

Can I apply for multiple scholarships?Yes! Applying for multiple overseas master’s scholarships increases your chances of securing funding.

Where can I find an overseas master’s scholarship?

You can find scholarships for master’s degrees through university websites and online scholarship databases, including www.internationalscholarship.com, IEFA.com, eduPass.org.  

How do I know if I’m eligible for a scholarship?

Each scholarship has specific eligibility requirements, such as academic merit, financial need, nationality or field of study. Be sure to review each scholarship’s criteria carefully.

What documents are required for scholarship applications?

Most scholarships require transcripts, a personal statement, recommendation letters and proof of financial need (for need-based scholarships).

Are scholarships enough to cover all expenses?

While some scholarships are fully funded, most only cover part of the costs. Students often combine scholarships with other funding sources.


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