In today’s landscape of soaring tuition and hidden costs, Student Financial Aid and College Scholarships have become essential for affording higher education. National university tuition has surged by 179% from 1995 to 2020, and additional expenses—such as technology fees and campus facility charges—can add over $2,000 per year to your costs.
Fortunately, a wide range of Federal Scholarships, State Grants, and Private Scholarship Programs are available to help offset these expenses. These funding opportunities are awarded based on merit, cultural background, and specific program requirements, making it easier for students to secure the financial support they need.
Among these opportunities, several organizations stand out for their generosity, donating millions—even billions—of dollars in scholarship funds each year. Discover our exclusive list of the Top 7 Largest Dollar Amount Scholarships to unlock the path to affordable higher education and academic success.
Top 7 Scholarships for International Students
Here’s a curated list of 7 of the Largest Fully-Funded Scholarships globally, offering substantial financial support for undergraduate, master’s, and doctoral studies. These scholarships cover tuition, living expenses, travel, and more, making them ideal for high-achieving students seeking to study at top universities worldwide.
1. Rhodes Scholarship (University of Oxford, UK)
Country: United Kingdom
Level: Masters, PhD
Benefits:
- Full tuition coverage
- Monthly stipend (£17,310/year in 2024)
- Travel costs, health insurance, and research funds
Approx. Value: $70,000+ per year
Eligibility: Academic excellence, leadership, and commitment to societal impact.
Official Link: Rhodes Scholarship
2. Gates Cambridge Scholarship (University of Cambridge, UK)
Country: United Kingdom
Level: Masters, PhD
Benefits:
- Full tuition fees
- Living allowance (£18,000/year in 2024)
- Airfare, visa, and family support (if applicable)
Approx. Value: $65,000+ per year
Eligibility: Academic brilliance, leadership, and a commitment to improving the lives of others.
Official Link: Gates Cambridge
3. Fulbright Scholarship (USA)
Country: United States
Level: Masters, PhD, Research
Benefits:
- Full tuition coverage
- Monthly stipend ($2,500–$3,000/month)
- Travel, health insurance, and conference funds
Approx. Value: $60,000+ per year
Eligibility: Academic excellence, leadership, and cultural ambassadorship potential.
Official Link: Fulbright Program
4. Chevening Scholarship (UK)
Country: United Kingdom
Level: Masters
Benefits:
- Full tuition fees
- Monthly stipend (£1,236/month in 2024)
- Travel, visa, and thesis/research grants
Approx. Value: $55,000+ per year
Eligibility: Academic merit, leadership, and professional experience.
Official Link: Chevening Scholarships
5. Schwarzman Scholars Program (Tsinghua University, China)
Country: China
Level: Masters (Global Affairs)
Benefits:
- Full tuition coverage
- Travel, accommodation, and living stipend
- Mentorship and networking opportunities
Approx. Value: $60,000+ per year
Eligibility: Leadership potential, academic excellence, and a commitment to global issues.
Official Link: Schwarzman Scholars
6. Knight-Hennessy Scholars Program (Stanford University, USA)
Country: United States
Level: Masters, PhD, Professional Degrees
Benefits:
- Full tuition fees
- Living stipend ($10,000/year)
- Travel, health insurance, and academic funds
Approx. Value: $70,000+ per year
Eligibility: Academic excellence, leadership, and civic engagement.
Official Link: Knight-Hennessy Scholars
7. World Bank Scholarships (Global)
Country: Varies (Partner Universities)
Level: Masters, PhD
Benefits:
- Full tuition fees
- Monthly stipend ($2,500–$3,500)
- Travel, health insurance, and research support
Approx. Value: $60,000+ per year
Eligibility: Citizens of developing countries, academic excellence, and professional experience.
Official Link: World Bank Scholarships
Why Apply for These Scholarships?
Fully Funded: No financial burden for tuition, living, or travel.
Prestige: Recognition from top universities and governments.
Networking: Access to global leaders and alumni networks.
Final Tips
These scholarships are highly competitive —start preparing early.
Highlight leadership, academic achievements, and societal impact in applications.
Double-check deadlines and eligibility criteria on official websites.
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