Top fully-funded Master’s scholarships for prospective graduate students
Pursuing a Master’s degree can be a major investment, but for exceptional candidates, fully-funded scholarships make it possible to study abroad without financial constraints. From the UK to Europe, the US, China, and Australia, here’s a roundup of well-established programs that cover tuition, living expenses, travel, and more.
1. Chevening Scholarships (United Kingdom)
Funded by the UK government, the prestigious Chevening Scholarships support one-year Master’s studies at any UK university. Open to global applicants with leadership potential and at least two years of work experience, the award covers full tuition, travel, and a monthly stipend.
Apply here: https://www.chevening.org/apply/
2. Erasmus Mundus Joint Master Degrees (Europe)
The Erasmus Mundus program facilitates joint Master’s degrees across European universities. Scholarships cover tuition, installation, travel, insurance, and subsistence, offering a fully immersive and collaborative academic experience.
Apply here: https://www.eacea.ec.europa.eu/scholarships/emjmd-catalogue_en
3. Commonwealth Master’s Scholarships (UK)
Aimed at students from low- and middle-income Commonwealth nations, this scholarship includes tuition, airfare, and a living allowance. It promotes academic excellence and development-oriented study.
Apply here: https://cscuk.fcdo.gov.uk/scholarships/commonwealth-masters-scholarships/
4. DAAD Scholarships (Germany)
Provided by the German Academic Exchange Service, DAAD scholarships support citizens from developing countries. They include full tuition, monthly stipends, travel, and health insurance for Master’s programs at leading German universities.
Apply here: https://www.daad.de/en/study-and-research-in-germany/scholarships/
5. Gates Cambridge Scholarship (UK)
Funded by the Bill & Melinda Gates Foundation, this elite scholarship awards full tuition, living allowance, and research/travel grants for postgraduate study at the University of Cambridge. Selection is based on academic excellence, leadership, and commitment to improving the lives of others.
Apply here: https://www.gatescambridge.org/apply/
6. Clarendon Fund (University of Oxford)
The Clarendon Fund awards over 200 annual scholarships to Oxford graduate students from across the world. The award covers full fees and living costs and is open to all degree-bearing master’s and doctoral applicants.
Apply here: https://www.ox.ac.uk/clarendon
7. Weidenfeld-Hoffmann Scholarships (Oxford)
Targeted at emerging and developing economy graduates, this leadership-focused scholarship supports one-year Master’s candidates at Oxford. It covers full tuition, living expenses, and provides access to a leadership program.
8. Schwarzman Scholars (China)
Located at Tsinghua University in Beijing, this one-year program offers a fully-funded Master in Global Affairs. With 100–200 scholars selected annually, it covers tuition, accommodation, travel, and more.
Apply here: https://www.schwarzmanscholars.org/apply/
For ambitious Master’s aspirants, these global scholarships represent transformative pathways to world-class education and leadership development. Ideal candidates demonstrate strong academic records, proven leadership, and clear future impact. Application deadlines range from early autumn 2025 to early 2026, so begin preparing now.