Prepare well, and you can surely get a spectacular score in GRE, but getting a perfect score of 340 in GRE is not your final destination. Your final destination is getting admitted into a respectable grad school. But getting a higher degree in a country like the US can be quite expensive. So, before you make up your mind regarding joining any grad school, don’t you think you should stop for a moment and look for different financial aids that are available? You may have to dig deep into your pocket especially if you decide to pursue an M.S. or Ph.D. course from a top university in a country like the U.S. or the U.K. Even if you are planning to get funds from banks, you must remember that the student loans are usually offered at very high interest rates. So the question that can give you sleepless nights is how to avoid getting buried under debt? The answer is right in front of your eyes; all you need to do is look carefully. Ample scholarships are offered by most of the universities so that students can study freely without worrying about the repayment of the education loan.
Before you think of applying for a scholarship, it is important to understand that the ETS does not provide any scholarship to the top scorers, so just getting a perfect score in GRE or TOEFL will not fetch you a scholarship. Apart from your GRE and TOEFL score cards, there are many other factors that will play a decisive role in your chances of getting a scholarship:
- The performance of other aspirants who have also applied for the scholarships.
- The total number of scholarships that are being offered.
- The quality of your letters of recommendation along with the aptness of the statement of purpose.
- Number and quality of research projects you have done in your undergraduate study. It works like a cherry on the cake, in your application.
- Your past academic performances.
You will be amazed to know that the total value of scholarships provided every year by the top 25 MS Universities in the US is approximately $200 million. Harvard University itself offers scholarships worth approximately $31.5 million every year. You may also be eligible for n-number of scholarships. So, make sure that a lack of awareness about these scholarships is not the reason why you do not apply for them. Read further to learn more about the most popular scholarships for Indian students.
The Fulbright scholarship, which is administered by the United States – India Educational Foundation (USIEF) is one of the most popular scholarships for Indian students. The top universities such as Harvard University, Massachusetts Institute of Technology, California Institute of Technology (Caltech), Stanford University, and Princeton University offer their own scholarships, which are sponsored by benefactions from various trusts, companies, and individuals. Given below are some other scholarships, which can be availed by the Indian students:
- Chevening UK Government Scholarships
- Fulbright Fellowships
- Fulbright-Nehru Master’s Fellowships (for Indian students)
- Royal Society Grants
- The Mahatma Gandhi Scholarship Programme
- Erasmus Scholarships
- Commonwealth Academic Fellowships
- Hubert-Humphrey Scholarships
- Commonwealth Split-site Doctoral Scholarship
- Tata Scholarship (At Cornell University for Indian students)
Try to apply for these scholarships as soon as possible so that you don’t miss out on an opportunity to ensure that no holes are burnt in your pocket in the name of higher education.
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