The ultimate guide to university scholarships

  • 6 min read
The ultimate guide to university scholarships

Studying abroad is a dream for many students, but it can be expensive if you don’t have the money to fund this. Scholarships are one type of financial aid that could be available to you as an international student, and can help lower some of the costs of studying abroad.

In this guide, we’ll explain:

What scholarships are

The types of scholarships you could qualify for and factors that might affect your eligibility

How to get a scholarship

Frequently asked scholarship questions

Common scholarship questions and myths

How we support international students with their scholarships

What are university scholarships?

Scholarships are financial awards provided by universities, governments, or private organizations to help you pay for university.

How much you will receive and what expenses your scholarship covers depends on the type of scholarship awarded to you. Scholarships can help cover costs like tuition fees, living expenses, travel, and study materials such as books and equipment.

Unlike student loans, scholarships don’t need to be repaid. However, it’s rare to receive a scholarship that covers 100% of your study abroad costs, so make sure to budget properly and explore other financial aid options if you need them.

Types of scholarships and factors that affect eligibility

Scholarships come in various forms, each with specific requirements. Your eligibility can depend on factors like your academic achievements, financial situation, or country of origin.

Merit-based scholarships

Awarded based on academic performance, these scholarships are typically given to students with high grades, test scores, or specialized qualifications. Strong academic performance is often crucial, as these scholarships can be highly competitive. Some universities automatically consider high-achieving applicants, while others may require a separate application.

Need-based scholarships

These scholarships are awarded based on financial need. To qualify, you may need to demonstrate your family’s income level through documentation. Financial need must be proven, but academic performance can also play a role in selection.

Program-specific scholarships

Designed to encourage enrollment in specific fields—such as STEM (science, technology, engineering and math), sports, or the arts—these scholarships may require an additional application or essay. Fields like STEM and business often have more scholarships available, making your program choice an important factor in eligibility.

Country-specific scholarships

Certain scholarships prioritize students from particular regions, especially those with fewer educational opportunities. These scholarships aim to increase diversity and are often awarded to international students or those from underrepresented or developing countries.

Government scholarships

Some governments, like the US and UK, sponsor scholarships for international students through programs like the Fulbright Program and Chevening Scholarships. These programs often prioritize applicants who meet specific academic or regional criteria.

Extracurricular activities

Involvement in sports, arts, or community service can also improve your chances, as many scholarships look for well-rounded candidates with a range of interests.

How to get a scholarship

Ready to apply for your scholarship? You’ll be automatically considered for some scholarships when you apply for your program based on your academic and financial background. However, other scholarships, especially competitive ones, may require a separate application.

The application process can look like this:

1.Research scholarships

Determine what scholarships are available to you based on your academic interests and what you’re eligible for. Gather the information you need to apply, including necessary documents and important deadlines.

Check out government or university websites, attend education fairs, or apply to university through Studee, where we can help you find scholarships that you’re eligible for and match your needs.

2.Prepare documents

Documents you’ll need to apply for a scholarship typically include:

  • Academic transcripts: Copies of your grades, test scores and qualifications

  • Personal statement: This is your chance to explain why you’re a great candidate for this scholarship and how it will impact your future. Make sure to tailor your personal statement to the scholarship you’re applying for

  • Letters of recommendation: People who know you well, like parents, friends, teachers and employers, can provide additional insight into who you are and what skills you have

  • Proof of finances: This can include bank statements, tax returns, proof of income, or financial aid documents

3.Complete and submit the application

Follow the application instructions carefully, ensuring all relevant information and documents are included. Double check for any inaccuracies or mistakes.

Be aware that scholarship deadlines may not be the same as your main university application deadlines, so always verify specific dates to avoid missing opportunities.

Frequently asked scholarship questions

Can I apply for multiple scholarships at the same time?

Applying for multiple scholarships is encouraged to increase your chances of receiving some financial support. Check each scholarship’s eligibility criteria to ensure you qualify.

Can I receive scholarships from multiple providers?

In most cases, yes, but some scholarships may have specific terms that limit combining them with other awards. Confirm this with each scholarship provider.

Do I have to pay taxes on scholarship funds?

Tax policies vary depending on the country. Some scholarships are tax-free if used for tuition, while funds for living expenses may be taxable. Check the tax regulations of the study destination for accurate information.

Are scholarships renewable?

Some scholarships are renewable for multiple years if you can continue to meet the criteria. Other scholarships are one-time awards, so make sure to clarify with each provider when you apply.

Scholarship myths debunked

Myth:

Only top students can get scholarships

Reality:

While scholarships for high academic achievement are more common, there are scholarships available for students of all academic levels, including need-based, athletic, and extra-curricular based scholarships

Myth:

Scholarships cover all my costs

Reality:

Scholarships can support some of your study abroad expenses, but it’s rare for a scholarship to cover all your tuition and living costs.

Myth:

Scholarships are only available in specific countries

Reality:

Scholarships exist worldwide and are offered by universities in almost every country. However, availability and competition can vary, so it’s a good idea to research opportunities in multiple regions

Myth:

If a university offers a large scholarship, it’s the best option

Reality:

Even if a university offers a large scholarship. It may still be more costly overall than universities with lower tuition fees and smaller scholarships. The US, for example, often offers large scholarships, but is known for having high tuition and living expenses. Always consider the total cost of attendance and be prepared to budget based on how much your scholarship can cover

How we support international students with scholarships

At Studee, we want to make the process of studying abroad easier for international students, and this includes support with applying for scholarships.

Eligibility and matching

We help you find the scholarships you’re most likely to be eligible for based on your academic profile, financial situation, desired field of study, country of origin, and intended study abroad destination.

Application support

We guide you through the scholarship application process, ensuring you know what you need to do, have everything you need, and are aware of any important deadlines.

Feedback

We can provide feedback on your application so that you can apply confident that you’re showing your skills and strengths.

Ongoing support

We’ll keep in touch after you’ve submitted your application to provide updates and important reminders so that you can keep track of your progress.

Ready to start your study abroad journey? Tell us your study plans and we’ll help find your ideal program at the perfect university for you.