Uncover the leading 8 academic scholarships in available today!

Academic scholarships | An overview

An academic scholarship is a form of financial aid to students based on academic achievement. It comes in the form of tuition waivers, grants, or loans. These scholarships typically require recipients to have good grades and high SAT scores. Continue reading the blog to learn about the top academic scholarships available today.

The Rhodes Scholarship

The Rhodes Scholarship is a postgraduate award to students from the United States, Canada, and Germany. To avail this scholarship, you must have a GPA of 3.7 and study at an accredited college or university in the United States (or Germany). Applicants must also be under 25 years old as of July 1st in their year of application.

Gates Cambridge Scholarship

The Gates Cambridge Scholarship is one of the most competitive postgraduate scholarships in the world. It is open to students from around the world who wish to study at Cambridge University. Preference is given to applicants with a high GPA who have experience working with disadvantaged communities.

The scholarship recipient is chosen based on academic achievement and personal qualities. Leadership potential and a desire to increase possibilities for others also plays a role. Students can apply for up to three years but must have a different academic focus each time they use it.

Marshall Scholarship

The Marshall Scholarship is a full-cost scholarship for postgraduate study in any subject at any UK university. Students from various backgrounds and disciplines who show the most significant intellectual and personal promise are eligible for this scholarship.

The scholarship pays all tuition fees, provides annual stipends (currently £27,000), and offers accommodation. There are approximately 100 scholarships available each year, which cover one or two years of study depending on the degree program chosen by the student.

Fulbright Scholarship

The Fulbright Scholarship is a prestigious international educational award to study abroad for students from the United States. It’s one of the most sought-after awards among US students, providing opportunities for personal growth, professional development, travel, and cultural immersion.

The Fulbright Scholarship is open to all academic fields, including business, education, the environment and ecology, health and medicine, science, and technology.

Schwarzman Scholars

Schwarzman Scholars is a scholarship program for outstanding students from the U.S. and China. Dr. Stephen A established it in 2010. Schwarzman, Chairman, CEO, and Co-Founder of Blackstone Group L.P., who serves as the Honorary Chairman of Schwarzman Scholars at Tsinghua University in Beijing, China. 

To study together for a year at Tsinghua University under a curriculum, about 50 scholars are accepted into the programme. The design allows them to explore issues related broadly to economic development and global policy. The exploration of interests in depth through independent research projects on topics chosen by each scholar based on their interests, strengths, and career aspirations is encouraged by students.

Schwarzman Scholars aims to develop future leaders who are intellectually brilliant. It helps them to build new networks among peers from around the world while living in China.

George J Mitchell Academic Scholarships

Students who are enthusiastic about peacebuilding are eligible for the George J. Mitchell Scholarship. The Mitchell Foundation, which offers this scholarship, supports the development of young people interested in making positive change through their education and work.

The scholarship offers one year’s worth of funding for a student from the US or the UK to study at a UK university. It is open only to current or future students who are already studying or planning on looking at universities within the United Kingdom. It does not provide funding for any other types of study abroad programs (including summer programs).

To apply for this award and be considered eligible, you must be-

• A citizen of either the United States or Great Britain (or hold dual citizenship)
• Between ages 18 and 30 years old as of December 31st, 2019
• A full-time student enrolled in an accredited degree program leading towards a bachelor’s degree at an accredited college/university in the United Kingdom.

Kanders Churchill Scholarship

U.S. citizens interested in studying at a university or college in the United Kingdom have the option of applying for the Kanders Churchill Scholarship. The scholarship covers the living costs like room and board as well as tuition and fees.

Applicants must be pursuing their first degree from a recognized institution of higher education outside the U.S. However, exceptions apply to those seeking graduate degrees in engineering, architecture, or business administration from American institutions. They must also have completed at least one year of studies before applying for the scholarship. 

It is only for incoming students who have not yet started their coursework abroad who are eligible for this scholarship; awardees are not permitted to continue with their degree programme after winning this grant.

Rajiv Gandhi Scholarship for Academic Excellence

The Rajiv Gandhi Scholarship for Academic Excellence, a programme for undergraduate, graduate, Ph.D., and post-doctoral students, was launched by the state government of Rajasthan.

The scholarship aids students who wish to enroll in graduate, master’s, Ph.D., and post-doctoral research programs in approved 150 Universities. It supports individuals in pursuing higher education overseas in the relevant fields. The awards given to the chosen students will vary.

Key takeaways

• Students with a high GPA passionate about academic research are eligible for the scholarships.
• It can be challenging to receive scholarships. Since there are thousands of applications for some grants, your pre-college accomplishments will receive added recognition if you have a scholarship.
• Even if you have a solid financial background, you might still be unable to attend some premier institutions without a scholarship. One of the most beneficial aspects of getting a scholarship is having access to a top education.

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Liked this blog? Read next: Your handy guide on finding available scholarships | Tips included!

FAQs

Q1. What is the critical requirement for an academic scholarship?

Ans –  There are numerous scholarships with educational prerequisites. This indicates that the GPA and test results are the main criteria for receiving the scholarship.

Q2. What is an Indian Oil Scholarship?

Ans- Indian Oil gives 2600 scholarships to students pursuing programs in the fields such as 10+, ITI, Engineering, MBBS, and MBA. The scholarship is offered on a merit-based basis. 

Q3. What does an academic scholarship cover?

Ans – Scholarships usually covetable the total cost of college typically only pay for tuition, book costs, and other educational expenses. These grants, however, probably won’t cover living expenses, travel expenses, or room and board.