Last Updated on September 20, 2021 by iSchoolConnect

Aspiration and education always go hand in hand, but it is not always the case with your finances. You may wish to study in the most renowned universities, but they are oftentimes expensive. So how do you fund your way to the top?

If you’re ambitious, then you probably want a well-equipped location to boost your drive for success. Not just that, you want to go to a prestigious university to pursue your masters after finishing your bachelors. There’s no greater educational hub than the USA for pursuing your masters education.  Take a look at these top American universities where you can pursue your higher education without letting your finances hinder you.

1) Massachusetts Institute of Technology (MIT)

If you’re looking for scholarship for MS in the USA, then check out the MIT’s graduate level program. The university offers financial aid and is largely decentralized.  Students can also study on student loans and carry out research assistantships, teaching assistantships, fellowships, and traineeships. The students can also work as resident tutors in undergraduate residence.

2) Stanford University

The cost of MS in the USA becomes a lot less at universities like Stanford that offer broad financial aid. Stanford University also offers loans and emergency grants.  If you are looking for universities in the USA with low tuition fees for international students, then consider applying to Stanford University as it offers various scholarships and funds.

3) Harvard University

If you think you cannot afford the cost of MS in the USA, you may want to consider applying for Harvard. This esteemed university provides need-based financial assistance to students belonging to different professional, cultural, and socioeconomic backgrounds. It clearly encourages diversity and appreciates brilliance. It offers admission to international students even on scholarships. 

4) California Institute of Technology (Caltech)

Caltech is widely renowned for being one of the best universities for MS in USA. About 60% of students of California Institute of Technology are awarded financial aid as they might deserve it. Caltech provides wide-range of scholarships not only to permanent residents but also international students in the form of financial aid. 

5) University of Chicago

University of Chicago helps graduate students pay for their education in a whole lot of ways.  They do this by offering their students federal loan programs and direct funding.  The masters program offers both merit and need-based aid. Besides this, the university offers great opportunities for paid employment, teaching or research assistantships, and grants and fellowships. It also provides benefits for veterans.

6) Princeton University

This highly regarded university does not only let undergraduate students study for free, but it also supports its master’s student with financial aid. It offers tons of assistantships to its students so that they can live on their stipend and complete their education.

7) Cornell University

The university provides various grants to brilliant students who might require them. These grants are a form of gift aid and do not need to be repaid.  Students can have part-time employment for 9-12 hours per week to bear their education expense.  The university also offers loans. Besides what the university offers, there are private and non-profit organizations that have collaborated with the university to provide exceptional students with scholarships.

8) Yale University

Regardless of their economic resources, students are encouraged to apply to Yale as it is financially accessible to all brilliant students.  There are external scholarships, as well as merit-based scholarships which are automatically granted to those who deserve them.  There are also specifically offered loans that the students can take to pay for their education.

9) Columbia University

Columbia University is also not behind in offering gift aids like grants and fellowships. These aids may come from governments, private organizations, as well as colleges. There are also various scholarships awarded for athletic or academic ability, volunteer work, or interest in a particular subject.  You can also gain some specific scholarships if you are from a certain ethnic or religious group.

10) University of Pennsylvania

Like other universities, University of Pennsylvania also offers loan based, need-based, and merit-based scholarships.  It is an ivy league university known worldwide for its research advancements and scientific prowess. Students across the globe apply to this university and are awarded grants and scholarships generously.

We hope this blog solved some of your finance based questions and helped you decide on the perfect university for you. To know more about other Universities, you can also check out our other blogs such as the ones on Massachusetts Institute of Technology, Harvard, Carnegie Mellon University, New York University and Boston University.  To know more about cost of MS in the USA, visit our website or call us to create a strong portfolio for admission in the best universities of US.