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The Land of Opportunity, USA, offers fully funded scholarships for deserving domestic and international students enrolled at higher education institutions. Fully funded scholarships in the USA 2024-25 are based on criteria on entrance-basis, in-course external funds, etc. Before considering any scholarship program, students must understand that scholarships in the USA have a high competition level and their process of availability and eligibility changes every year or semester. Let’s discuss some of the most popular fully funded scholarships in USA 2024-25.
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How Scholarships Make Studying in the USA a Global Reality?
On average, college students graduate with around $30,000 in student loans, a figure that has seen a 25% increase over the past decade as per U.S. News & World Report. Scholarships offer an advantage in minimizing student debt. Additionally, scholarships help in:
- Post-COVID-19 pandemic, public colleges, and universities faced budget cuts, leading to increased tuition fees. Scholarships play an important role in filling these funding gaps.
- Unlike students who rely on part-time jobs to afford tuition, scholarship recipients have more time to focus on their studies.
- Merit-based scholarships often require a high GPA and strong writing skills. Adding these awards to a resume can increase the appeal of scholarship recipients to future employers.
Also Read: Scholarships to Study in the USA for International Students
Top 5 Best Fully Funded Scholarships in USA
From New York to Oregon, institutions and universities in the USA offer several scholarships for domestic and international. These scholarships provide financial assistance to students with their academics and study abroad journey. From tuition fee coverage to health insurance, these scholarships offer several benefits. That’s why we have filtered out some of the best fully funded scholarships in the USA for you.
1. Yale University Scholarship 2024
The Yale University scholarship 2023-24 offered an annual stipend of more than $40,000. By far, this is one of the most popular scholarships for international students, where the tuition fee and other expenses like the cost of living, health insurance, flight charges, etc. are covered. Check the table for more details.
| Eligibility | Must have an excellent academic record.Must be enrolled in a UG, PG or Doctoral program at Yale University. |
| Deadline | April 2024 |
| Amount | Up to $70,000 |
| Scholarship Coverage | Fully Funded |
| Application Link | https://admissions.yale.edu/ |
2. Fulbright Scholarships USA
Applications for the Fulbright Scholarships USA will open in April 2024. Operating in more than 160 countries worldwide, this prestigious international educational exchange program is sponsored by the United States government. It is designed to increase mutual understanding between the people of the United States and the people of other countries. Check the table for more details.
| Eligibility | Must be enrolled in a higher education institution in the USA.Must have an excellent academic record. |
| Deadline | 8th October 2024 |
| Amount | $2,500 to $3,500 monthly allowance |
| Scholarship Coverage | Fully Funded and Cost of Living Expenses |
| Application Link | https://us.fulbrightonline.org/ |
3. Stanford University Scholarships
Stanford University Scholarships are fully funded programs for interested students enrolled in postgraduate and doctoral programs. With this scholarship, students will be able to cover their academic expenses like tuition fees and stationary expenses, health insurance, living allowances and travel allowances. Check the table for more details.
| Eligibility | Must have an excellent academic record.Must be enrolled in a Master’s or PhD program at Stanford University |
| Deadline | July 2024 |
| Amount | $50,000 |
| Scholarship Coverage | Fully Funded |
| Application Link | https://financialaid.stanford.edu/ |
Must Read: Study Abroad Scholarships and Applications
4. University of Haven Scholarships
The University of Haven offers fully funded scholarships for students who are pursuing a 2-year master’s course at the university. Through this scholarship, students are offered an annual financial assistance of 75% of their tuition fees and an hourly wage. Check the table for more details.
| Eligibility | Must have completed a bachelor’s degree with a minimum score of 85% or equivalent.Must be enrolled in a master’s program at the University of Haven, USA. |
| Deadline | Fall Semester – 30th MarchSpring Semester- 15th October |
| Amount | 75% of Tuition Fees + hourly wage |
| Scholarship Coverage | Fully Funded and Wages |
| Application Link | https://www.newhaven.edu/admissions/ |
5. ACI Foundation Scholarship
ACI Foundation scholarship or fellowship program is offered to international students enrolled in UG, PG, PhD and Postdoctoral courses at universities in the USA which offers financial assistance to students, which can range between $10,000 to $15,000 annually. Check the table for more details.
| Eligibility | Must have an excellent academic record.Must be enrolled in aUG, PG, PhD or Postdoctoral program in any American university. |
| Deadline | up to $200,000 annually |
| Amount | upto $200,000 annually |
| Scholarship Coverage | Fully Funded |
| Application Link | https://studentapps.secure-platform.com/a |
Other Fully Funded Scholarships for International Students (2024)
Below we have listed the details regarding some other fully funded scholarships for international students :
| Scholarship Name | Level of Study | Covers |
| University of Memphis Scholarships | Undergraduate / Masters | Varies (covers cost difference between international and domestic tuition) |
| University of Minnesota Fellowship | Masters | Tuition, living expenses, travel, health insurance |
| AAUW International Fellowship Program | Masters / PhD / Postdoctoral | $18,000 – $30,000 / year |
| Onsi Sawiris Scholarship | Undergraduate / Masters | Tuition, living allowance, travel, health insurance |
| Rotary Peace Fellowship Program | Masters / Certificate Studies | Tuition, fees, room and board, travel, internship and field-study expenses |
| Clark Global Scholarship Program | Undergraduate | $15,000 – $25,000 per year for 4 years |
| The HAAA Scholarship | Undergraduate | Varies |
| Boston University Presidential Scholarship | Undergraduate | $25,000 per year, renewable for 4 years |
| Berea College Scholarships | Undergraduate | 100% for first year |
| Cornell University Scholarship For International Students | Undergraduate | Need-based financial aid |
| Illinois Wesleyan University Scholarships | Undergraduate | Full tuition scholarships ranging from $16,000 to $30,000 per year |
| Jefferson Scholars Foundation National Fellowship | PhD | $25,000, office, access, internet, seminar presentation opportunity, discounted scholar accommodations |
| University of Miami Stamps Scholarship | Undergraduate | Tuition, room and board, textbooks, computer allowance, $12,000 for research and conferences |
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FAQs
A1. There are several fully funded scholarships in the USA which are offered to eligible students. Some of these scholarships are Stanford University Scholarships, The University of Minnesota Fellowships, ACI Foundation Scholarship, etc.
A2. To apply for a scholarship in the USA, students must successfully take admission to a higher education institution. Once admission is secured, students will automatically become eligible for scholarships. However, for certain scholarships, students must visit the official website of their university and apply for scholarships.
A3. To become eligible for a 100% scholarship in the USA, your academic record must be excellent with a persuading personal statement and essay, financial records, and a strong letter of recommendation from teachers or mentors.
This was all about ‘Fully Funded Scholarships in USA’. Exploring study abroad scholarships? Not sure how to go about it? Let the professionals at Leverage Edu take care of your academic journey! You may enlist the assistance of Leverage Edu specialists to assist you with the application process so that you can realize your goals. Call us immediately at 1800 57 2000 for a free 30-minute counselling session.
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