Studying abroad is a dream for many students but high tuition fees and living costs often stand in the way. Fortunately, every year, international organizations, governments, and top universities offer fully funded scholarships that cover tuition, accommodation, travel, health insurance, and even monthly stipends.
If you’re planning to study abroad in 2025, this updated guide brings you 10 of the best fully funded scholarships you can apply for right now. Each scholarship listed here is reputable, competitive, and open to applicants from various countries.
And to help you prepare better, this guide connects with our other articles such as how to write a strong SOP, how to avoid scholarship scams, how to find accommodation, and more so you can navigate the entire process with ease.
Let’s begin.
1. Chevening Scholarship (UK)
The Chevening Scholarship is one of the world’s most prestigious scholarships for international students who want to pursue a one year Master’s degree in the UK.
What It Covers
Full tuition fees
Monthly stipend
Travel costs
Arrival and departure allowance
Free visa processing
Access to exclusive Chevening events and global alumni network
Who Can Apply
Students from eligible Chevening countries
Must have at least 2 years of work experience
Strong academic background
Proven leadership potential
Why It’s Popular
Chevening is known for turning scholars into global leaders. Officials, CEOs, entrepreneurs, and diplomats have emerged from this program.
Helpful Related Articles
How to Write a Winning SOP for Scholarships
Scholarship Scams: How to Identify and Avoid Fake Opportunities
2. Fulbright Foreign Student Program (USA)
Funded by the U.S. Government, Fulbright offers opportunities for students from over 160 countries to study for Master’s or PhD programs in the United States.
What It Covers
Full tuition
Health insurance
Travel expenses
Monthly living stipend
Research and academic support
Who Can Apply
Bachelor’s degree holders with strong academic records
Students showing leadership potential
Commitment to return home after studies
Why It’s Unique
Fulbright places scholars in top U.S. universities and provides pathways to research, community service, networking, and post-study collaborations.
Helpful Related Articles
Essential Documents for a Successful Scholarship Application
How to Prepare for University Life Abroad
3. Erasmus Mundus Joint Master’s Scholarships (Europe)
Erasmus Mundus is a European Union initiative that offers fully funded joint master’s programs in multiple European countries.
What It Covers
Full tuition
Monthly stipend (around €1,100 – €1,200)
Travel allowance
Insurance
Cost of relocating between countries in multi-country programs
Who Can Apply
Bachelor’s degree holders
No age limit
Students willing to study in 2 – 3 different European countries
Why It Stands Out
You graduate with a degree recognized across Europe and gain multicultural exposure.
Helpful Related Articles
Top 5 Affordable Countries to Study Abroad in 2025
How to Find Affordable Student Accommodation Abroad
4. DAAD Scholarships (Germany)
Germany is one of the most affordable study destinations and DAAD takes it further by offering thousands of fully funded scholarships each year.
What It Covers
Tuition-free education
Monthly stipend
Health insurance
Travel allowance
Funding for research projects
Who Can Apply
Graduates with strong GPAs
Those applying for full-time Master’s or PhD programs
Some programs require German proficiency, others don’t
Why It’s Attractive
Germany offers tuition-free education even without scholarships, but DAAD covers living costs, making it one of the best deals globally.
Helpful Related Articles
Top 10 Universities for International Students in 2025
Travel Tips for Students Studying Abroad for the First Time
5. Commonwealth Scholarships (UK & Partner Countries)
The Commonwealth Scholarship targets students from low and middle income Commonwealth nations to pursue a Master’s or PhD in the UK.
What It Covers
Full tuition
Monthly living allowance
Travel from home country to the UK
Warm clothing allowance
Thesis grants (for research students)
Who Can Apply
Students from participating Commonwealth countries
Must show financial need
Strong academic and leadership background
Why It’s Highly Competitive
It focuses on students who want to return home and contribute to development.
Helpful Related Articles
How to Prepare for Scholarship Interviews
How to Write a Strong Motivation Letter
6. Australia Awards Scholarships (Australia)
Australia Awards is funded by the Australian Government and supports students from Asia, Africa, and the Pacific.
What It Covers
Full tuition
Return flight
Establishment allowance
Monthly living allowance
Health insurance
Language preparatory courses
Who Can Apply
Students from eligible developing countries
Those committed to contributing to their home country’s development
Applicants with strong academic performance
Why It’s Worth Applying
Australia is known for high-quality universities, strong PR pathways, and job opportunities.
Helpful Related Articles
How to Adapt Quickly as an International Student Abroad
Best Part-Time Jobs for International Students in 2025
7. Swiss Government Excellence Scholarships (Switzerland)
Switzerland offers fully funded scholarships for postgraduate researchers, including PhD, research programs, and postdoctoral studies.
What It Covers
Full tuition
Monthly stipend
Health insurance
Housing allowance
Travel costs
Who Can Apply
Master’s degree holders
Strong research background
Students with supervisors willing to host them at Swiss institutions
Why It’s Unique
Switzerland is known for cutting-edge research facilities, especially in engineering, science, and innovation.
Helpful Related Articles
A Complete Guide to Writing a Research Proposal
How to Build a Strong Academic CV for Scholarships
8. Japanese Government (MEXT) Scholarships
MEXT Scholarships fund undergraduate, Master’s, and PhD programs in Japan.
What It Covers
Full tuition
Monthly stipend
Accommodation assistance
Travel from home country to Japan
Who Can Apply
Students from eligible countries
Must pass basic academic tests
Interest in studying in Japan long-term
Why It’s Highly Respected
Japan has world-class technology, engineering, business, and STEM programs.
Helpful Related Articles
How to Choose the Right Course to Study Abroad
How to Survive Your First Year Abroad Successfully
9. OPEC OFID Scholarship Program
This scholarship supports students from developing countries pursuing Master’s programs in any field.
What It Covers
Full tuition
Monthly living support
Travel costs
Health insurance
Who Can Apply
Bachelor’s degree holders under 30
Strong academic record
Students passionate about community development
Why Students Love It
It is one of the few fully funded scholarships open to almost all developing nations.
Helpful Related Articles
Essential Documents for Scholarship Applications
Scholarship Scams: How to Identify Fake Opportunities
10. University of Toronto Lester B. Pearson Scholarship (Canada)
One of Canada’s most competitive undergraduate scholarships, targeting top-performing international high school students.
What It Covers
Full tuition
Books
Full residence support
Incidental fees
Who Can Apply
Outstanding academic achievers
Students with strong leadership and creativity
Must be nominated by their school
Why It’s Prestigious
It allows students to study at one of the world’s best universities entirely free.
Helpful Related Articles
How to Study Abroad from Africa in 2025
How to Budget as an International Student Abroad
How to Increase Your Chances of Winning a Fully Funded Scholarship
While these scholarships are fully funded and highly desirable, the competition is intense. Here are tips to boost your chances:
✔ Have a strong academic record
Scholarship committees often prioritize academic performance.
✔ Prepare documents early
Start arranging your academic transcripts, recommendation letters, CV, and passport.
✔ Write a compelling SOP
Explain your goals clearly. (We have a full guide on writing a powerful SOP.)
✔ Avoid scholarship scams
Before applying, verify every scholarship using our Scholarship Scam Guide.
✔ Search for affordable accommodation early
Once accepted, follow our guide on finding cheap student housing abroad.
✔ Connect with current international students
They can give insights into scholarship processes and life abroad.
Final Thoughts
Getting a fully funded scholarship can change your life. Whether you wish to study in the UK, USA, Europe, Asia, or Australia, the opportunities above give you a chance to study abroad without financial stress.
Start early, stay consistent, and prepare strong applications. And remember, your scholarship journey doesn’t stop here. Explore the supporting articles below to guide you through every step from writing your SOP, avoiding scams, finding accommodation, preparing for interviews, and navigating life abroad.
Related Posts You Can Check out:
Essential Documents for a Successful Scholarship Application (2025 Guide)
How to Write a Winning Statement of Purpose (SOP) for Scholarships
Scholarship Scams: How to Identify and Avoid Fake Opportunities
How to Find Affordable Student Accommodation Abroad
Travel Tips for Students Studying Abroad for the First Time
How to Prepare for Scholarship Interviews
How to Adapt Quickly as an International Student Abroad
Top 5 Affordable Countries to Study Abroad in 2025
How to Choose the Right Course to Study Abroad
How to Maximize Your Chances of Winning a Scholarship Abroad
Scholarship Application Mistakes You Must Avoid in 2025
How to Leverage Your Extracurricular Activities for Scholarship Success
How to Write a Scholarship Resume That Gets Noticed
Funding Your Studies Abroad: Scholarships vs Grants vs Fellowships