The cost of attending university education has been on the increase even as countries round the world are faced with inflations and economic crises. Education the USA is not an exception, it is equally costly, especially for international student. The good news is – there are numerous highly paid scholarships in the USA which could benefit all levels of study including undergraduate, masters, and doctoral students.
Here, studygreen.info has compiled a list of 15 highly paid scholarships in the United States to assist those applying to study in the destination. These scholarships, which are mostly fully funded programs, cover full tuition fees, monthly/yearly allowances for living expenses and other academic expenses throughout the years of academic study. USA scholarships that pay above $50,000 include:
1.) Fulbright Foreign Student Program ($50,000+)
More than 4000 students are awarded the Fulbright scholarship each year by the US Department of State to study postgraduate courses in the US. This scholarship covers the full tuition fees, a monthly stipend, accommodation fees, travel costs, and medical insurance. More than $215. 4 million is allocated each year for students to study in the US. Applications are encouraged from underrepresented groups, minorities, and economically disadvantaged people. The Fulbright scholarship operates in more than 160 countries.
2.) MasterCard Foundation Scholars Program ($50,000)
The Mastercard foundation in partnership with selected institutions awards fully funded scholarships to students from developing countries who intend to study masters and undergraduate programs in the USA (eg: at the University of California, Berkeley). Each recipient is awarded $50,000 per year for studies. The scholarship covers full tuition fees, monthly stipends, accommodation fees, travel costs, medical insurance, visa costs, leadership development opportunities, and counseling support. Master’s degree applicants must first apply to a graduate program before they will be considered for the Mastercard Foundations Scholars Program.
3.) Harvard University MBA Scholarship ($102,200)
The Boustany MBA Harvard Scholarship is granted every two years for a two year course at Harvard Business School. Boustany Foundation awards scholarships to exceptionally talented individuals, creates life-changing opportunities for less privileged children. Applicants must possess excellent academic background and demonstrate considerable promise..
4.) The Gates Scholarship Program ($50,000+)
Every year, the Gates Foundation awards fully funded scholarships to 1000 academically talented students to study for four-year undergraduate degrees in any accredited US university. The Gates Foundation awards more than $100 million worth of scholarships each year to cover the full tuition costs, board, room, books, transportation, and other academic needs. The Gates scholarship is renewable for four years of study. This full-ride scholarship is worth $100 million each year.
5.) Knight-Hennessy Scholarship at Stanford University ($50,000)
This is one of the best scholarships for local and international students looking to study any MSc, MBA, JD, MFA, MA, MD, PhD joint, or dual degree program at Stanford University. The scholarship is worth $400 million. It covers full tuition, $33,000 for accommodation and living expenses, travel and airfare costs, supplemental grants to attend conferences, mentoring opportunities, and financial support for non-profits or startups for recipients of the award after graduation. Recipients receive funding throughout their graduate program at Stanford University.
6.) Joint Japan World Bank Scholarships ($50,000+)
This scholarship is awarded to individuals from developing countries to study a master’s program at top universities in the USA or other continents. The scholarship which is worth $20 million per year covers full tuition, travel allowance, and living costs (the amount varies depending on the country). Applicants are required to be in good health, hold a bachelor’s degree, be citizens of a developing country, and have at least 3 years of work experience in a development-related area.
7.) Hubert H. Humphrey Fellowships Program ($50,000)
This scholarship is awarded to young and mid-career professionals to study non-degree programs in the USA. Each professional is awarded $50,000 per year. This scholarship covers full tuition fees, monthly stipends, book allowance, computer subsidy, travel costs, professional development allowance, and accommodation allowance.
8.) ADB Japan Scholarships Program ($50,000+)
The Asian Development Bank-Japan Scholarship Program awards 135 total scholarships each year to high-achieving individuals from developing countries who have at least two years of working experience. The scholarship is worth more than $80 million per year. It covers full tuition fees, medical insurance, monthly expenses, books, and travel allowance. Applicants must be willing to study postgraduate programs in the following academic areas:
- Science and Technology
- Economics, Business, and Management
- Development Studies
- Law and Public Policy
For applicants to be eligible for this scholarship they must not be over 35 years old and must come from a developing country.
9.) Schlumberger Foundation Faculty for the Future Fellowships ($50,000)
Schlumberger Foundation offers doctoral women in stem and engineering fields grants of $50,000 each. Applicants are accepted from all nationalities and countries. PhD students who have secured a full-time offer of admission from any university in the United States can apply for this grant. Applicants must demonstrate their academic excellence, leadership skills, community outreach activities, and mentoring record of other women to join Stem fields.
10.) AAUW International Fellowships ($50,000+)
The American Association of University Women offers fully funded scholarships up to $50,000 to women from all countries for masters, PhD, or postdoctoral study in the United States. The scholarship covers educational expenses, living stipends, and travel costs. Applicants are required to submit the following during the application:
- Three recommendation letters from professors.
- Proof of degree certificate.
- Proof of current enrollment.
- Official report of TOEFL test scores or waiver request.
- Letter of admission.
- Completed application form and eligibility test.
Applications for AAUW International Fellowship open in August and end on November 15 every year.
11.) Google PhD Fellowship ($50,000)
Google offers fully funded PhD scholarships and research mentorship to international students in any university who have excellent performance in the field of computer science and research. The scholarship covers full tuition and fees, health insurance, enrollment fees, travel costs, allowance for books, and monthly stipends. In addition, it offers Google research mentorship to these students. Application requirements and deadlines vary with countries. The scholarship is worth $50,000 per year.
12.) Yale Need-Based Scholarship (up to $70,000)
Yale University offers numerous scholarships to its student so that the cost of studying will not be a burden on them. These scholarships include need-based scholarships. Need-based scholarships are usually given to students admitted into Yale University irrespective of the academic program (BSc, MSc, and PhD). The scholarship is non-repayable and varies from a few dollars to over $70,000. The scholarship covers monthly stipends, full tuition, and medical insurance. US citizens and international students are eligible for this scholarship. The student doesn’t need a separate application for this scholarship other than a Yale University admission application.
13.) Harvard University Academy Scholars Programme ($75,000)
This scholarship is awarded to PhD students studying International and Area Studies or any social sciences program and postdoctoral students. Applicants must have strong knowledge of regions outside the USA and Canada. Applicants must also have excellent grades in their academic discipline. The fellowship is worth $75,000 each year for 2 years.
14.) Boston Trustee Scholarship ($57, 100)
This prestigious merit-based scholarship is awarded to outstanding undergraduate students who have applied to study at Boston University. This scholarship is worth $57,100 per student. It covers tuition fees and other academic fees for four years of undergraduate study. Applicants are required to submit the admission application and complete the Trustee scholarship essay by December 1.
15.) Rotary Foundation Global Study Grants ($50,000+)
The Rotary Foundation generously funds master’s and doctoral level coursework or research in any country where the rotary club is located. The Rotary Foundation awards $86 million every year for grants. Research or coursework must be in the following areas
- Maternal and child health
- Disease prevention and treatment
- Economic and community development
- Peace and conflict resolution
- Water sanitation
- Basic education and literacy
This grant can be used to cover travel expenses, tuition, passport/visa, living allowance, or language training courses. Applications for this scholarship are accepted on a rolling basis.