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Fully Funded Masters Scholarship in USA for 2024 Admissions: Comprehensive Guide

Updated on 28 January, 2024

Bulbul Sharma

Bulbul Sharma

Manager- Content @upGrad

The USA has the most number of top-ranked universities that students aspire to enroll in. These universities ensure world-class education and lucrative job opportunities. It is one of the main reasons why international students prefer the US for their master’s degrees.

If you too wish to pursue higher education abroad, read on as we list down some famous fully-funded master’s scholarships in the USA for 2024.

Scholarships in USA

Scholarships

A fully-funded master’s scholarship in the USA takes care of the education fees, health insurance, housing charges, travel allowances, and an average monthly stipend of USD 10,000. These benefits are aimed at meeting the needs of the student.

For example, Fulbright Fully-Funded Master’s Scholarships have been created for international students. The Fullbright Foreign Student Program, too, is one that is inclusive of entire tuition fees, stipend, and basic living costs.

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The USA hosts the largest number of international students from across the world. Over the past few years, it has become one of the most popular destinations for studying abroad. Reasons such as best-ranked institutions, excellent support facilities, flexible academic environment, and cultural diversity contribute to making it the most preferred destination amongst students planning to study abroad.

Course the Scholarship is Eligible For

These scholarships can be offered to all master’s aspirants, including major interdisciplinary courses. The institutions offering these scholarships are only US universities and similar institutions.

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Level of Scholarship

The scholarships mentioned in the article are only for students who will be pursuing a master’s degree in the US. Some scholarships may be available for doctoral programs as well.

Tenure/duration

The tenure or duration of these fully-funded master’s scholarships in the USA 2022 would vary according to the program type and the funding being offered.

Subject/fields

Different scholarships will be offered as an aid to students in varied fields. For instance, Georgetown University USA provides fully-funded master’s scholarships for an MSc in International Affairs.

On the contrary, the NYU World Journalist Fellowship will aid students studying graduate programs in nine concentrations, namely:

1. Business and Economic Reporting

2. Cultural Reporting and Criticism

3. Global and Joint Program Studies

4. Literary Reportage

5. Magazine Writing

6. News and Documentary

7. Reporting the Nation & New York

8. Science

9. Health and Environmental Reporting

10. Studio 20.

Number of Scholarships Available

As of now, there are over 1500 fully-funded master’s scholarships in the USA. Some of the popular scholarships include:

1. Fullbright Foreign Scholarships

2. Joint Japan/ World Bank Graduate Scholarship Program or JJ/WBGSP

3. Rotary Peace Fellowship

4. MasterCard Foundation Scholarships at Michigan State University

5. Georgetown University Scholarships for African Students

6. New York University (NYU) World Journalist Fellowship

7. Yale University Scholarships US

Top 10 Universities Offering Fully Funded Master’s Scholarship in the USA

Below mentioned are 10 American universities that will provide deserving candidates a fully-funded master’s scholarship for select programs:

1. Stanford University

2. Yale University

3. University of New Haven

4. University of Memphis

5. University of Minnesota

6. Michigan State University

7. University of California, Berkeley

8. Georgetown University

9. Oregon State University

10. Trinity Washington University

Application Duration

Both the notification and application deadlines would be different for varied scholarship programs. Here are some of the deadlines for some popular scholarships:

ScholarshipLevelFundingDeadline (2024)University/Organization
Fulbright ScholarshipMasters, PhDFull tuition, stipend, travel, health insuranceVaries (Feb/Mar typical)U.S. Department of State
Boren AwardsMasters, PhDFull tuition, stipend, living allowanceJan 26National Security Education Program
Gates Cambridge ScholarshipMasters, PhDFull tuition, college fees, stipendOct 12, 2023University of Cambridge
Marshall ScholarshipMastersFull tuition, college fees, stipend, living allowanceOct 17, 2023U.K. Foreign, Commonwealth & Development Office
Schwarzman ScholarsMastersFull tuition, living allowance, travel, health insuranceDec 1, 2023Schwarzman College, Tsinghua University
Knight-Hennessy Scholars ProgramMasters, PhDFull tuition, stipend, living allowance, travelJan 7Stanford University
Stanford Graduate FellowshipsMasters, PhDFull tuition, stipend, living allowanceVaries (Jan/Feb)Stanford University
Yale University International Student ScholarshipsMasters, PhDFull tuition, stipend, living allowanceVaries (Jan/Feb)Yale University
MIT-Schwarzman ScholarshipMastersFull tuition, living allowance, travel, health insuranceDec 1, 2023Massachusetts Institute of Technology
Fulbright-Daad Award for German and American StudiesMasters, PhDFull tuition, stipend, living allowance, travelNov 1Fulbright Commission in Germany
Hubert H. Humphrey Fellowship ProgramMastersFull tuition, stipend, living allowance, travelFeb 1Bureau of Educational and Cultural Affairs
Erasmus Mundus Joint Master DegreesMastersFull tuition, living allowance, travelVaries (Nov/Dec)European Union
U.S. Department of Agriculture ScholarshipsMasters, PhDFull tuition, stipend, living allowanceVariesU.S. Department of Agriculture
American Association of University Women International FellowshipsMasters, PhDFull tuition, stipend, living allowanceDec 15American Association of University Women
Schlumberger Faculty for the Future ProgramMastersFull tuition, stipend, living allowanceNov 15Schlumberger Foundation

Mode of Application

The mode of Application for fully-funded master’s scholarships in the USA for 2024 is online.

Eligibility Criteria and Additional Requirements

The eligibility criteria and additional requirements vary with each scholarship program every year.

For instance, here are the entry requirements for the Yale University Scholarship program:

1. The required language is English. Therefore, language proficiency test scores are required.

2. Countries eligible: all countries in the world

3. You should be enrolled in or allowed to be a part of the Federal Free or Reduced-Price Lunch Program (FRPL)

4. You are eligible to receive or have received an SAT or ACT testing fee waiver

5. You are a part of a federal/ state/ local program that helps students from low-income families (e.g., TRIO programs like Upward Bound)

6. The student is either an orphan or ward of the state

7. Your annual family income should fall within the Income Eligibility Guidelines maintained by the USDA Food and Nutrition Service

8. You should reside in a foster home, federally subsidized public housing, or are homeless

9. Your family gets public assistance

10. Students can add a supporting statement from a college access counselor, school official, community leader, or financial aid officer

Value of Scholarship

The scholarship value will differ in various fully-funded master’s scholarships in the USA. The value could be over USD 50,000 (INR 38,09,500).

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Selection Process

Every organization or university will consider various factors while selecting the student for a fully-funded master’s scholarship. The factors usually considered are:

1. Proven record of educational success

2. Realistic and clear goals

3. Leadership skills and abilities

4. Relevant ideas for high power growth in the chosen field

5. Their commitment to community service

6. Pledge to have a lifelong relationship with the organization/university post-graduation

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Requirements for Continuing the Scholarships

Generally, the scholarships cover the entire span of the master’s course or require a minimum score throughout the course tenure to continue being disbursed.

Conclusion

In 2024, the landscape of fully funded master's scholarships in the USA remains a pivotal aspect for international students seeking advanced education in a variety of fields. These scholarships are a gateway to numerous opportunities in American universities, known for their academic excellence, diverse programs, and innovative research facilities. Fully funded scholarships typically cover tuition, living expenses, health insurance, and sometimes even include a stipend, making higher education in the USA accessible despite its reputation for high tuition fees.

This comprehensive guide emphasizes that students should meticulously research and apply for these scholarships, which are offered by universities, private foundations, and government bodies. The eligibility criteria often include academic excellence, leadership potential, and specific research interests or skills. In addition to easing the financial burden, these scholarships can provide invaluable resources such as networking opportunities, mentorship, and exposure to industry leaders. For those aiming for the 2024 admissions, early preparation, meeting application deadlines, and a strong academic record are crucial. The journey to securing a fully funded master's scholarship in the USA is competitive but deeply rewarding, opening doors to world-class education and unparalleled career opportunities.

 

Bulbul Sharma

Manager- Content @upGrad

Bulbul is a self-driven professional and an expert writer & editor. She has been a part of the ed-tech industry for the past 2 years now and is motivated to provide study abroad aspirants with factually correct and relevant information. Her knack for impactful writing makes her blogs worth a read!

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