A scholarship is one of the best ways to pay for your study abroad program. For international students, there are many scholarships that offer reasonable benefits to support their travel and academic activities abroad. Let's examine a few renowned foreign scholarships for an MS in Economics:
Fulbright Foreign Student Scholarship Program in the USA
The Fulbright Foreign Student Scholarship Program in the US is open to students from 155 different countries. Any topic area provided by US universities may be studied at the masters and doctorate levels under the scholarship. The deadline for the scholarship is between February and October.
Benefits: they cover tuition, air travel, health insurance, and some amount as a stipend is also provided.
Global Korea Scholarship - Funded by the Korean Government
The Global Korea Scholarship, which is supported by the Korean government, is open to international students. The scholarship enables recipients to enrol in any undergraduate, graduate, or postgraduate program provided by universities in South Korea.
Benefits: Fully-funded scholarship.
Friedrich Ebert Stiftung Scholarships
The political organization known as the Friedrich Ebert Stiftung awards financial aid to German and international students who excel academically and exhibit civic responsibility, primarily through social or political activity.
Benefits: Stipend of 850 USD/month. The total sum covers tuition, health insurance, textbooks, and other supplies required for each term of the class.
Japanese Government (MEXT) Scholarships for Young Leaders Program
There are only limited numbers of scholarships available for students with exceptional educational backgrounds and are only given away on the basis of competition. The only students who can get this scholarship must be recommended by the university, embassy, government, or consulate.
Benefits: a monthly stipend of 1690 USD to cover all kinds of expenses, tuition fee, application fee, and the admission fee is completely paid. Air travel is also included.
UEA International Development Full Fees Scholarships
Students enrolling in any full-time Master's program offered by the University of East Anglia are eligible for competitive scholarships from the School of International Development that cover the full cost of EU or international tuition.
Benefits: full tuition fees up to 17,600 USD.
ADB-Japan Scholarship Program for Developing Countries in Asia and the Pacific
The University of Hong Kong, Kyoto University, Kyushu University, Ritsumeikan Asia Pacific University, Saitama University, Tokyo Institute of Technology, University of Tsukuba Japan, The University of Tokyo, University of Auckland, Lahore University, and the ADB-Japan Scholarship Program for Developing Countries in Asia & Pacific 2022–23 are among the institutions that are eligible to participate.
Benefits: full tuition fees, a monthly allowance, housing, an allowance for books and instructional materials, medical insurance, and travel expense.
The Humphrey Fellowship Program
The Humphrey Fellowship Program is designed for seasoned professionals who want to improve their leadership abilities via a mutual exchange of information and understanding regarding problems that affect both the United States and the Fellows' home countries.
Benefits: tuition fees, one-time lump sum allowance, English language coaching, travel tickets, study material allowance, etc.
Read: Top Scholarships to Study Abroad