Scholarships for Master’s Degree Programs/Students 2023

If you are looking for available scholarships for master’s degree programs in 2023, then I wish to notify you that there are so many of such scholarships for a master’s degree students.

Some of these scholarships are regional (for specific countries) while others are not. In this article, I have gathered the best master’s degree scholarships that are suitable for students from any part of the World.

Note: Before applying for a master’s scholarship, it must be that you have completed your bachelor’s degree program and obtain your bachelor’s degree to enable you have access to these master’s degree scholarships.

Facts About Master’s Degree Scholarships 

Getting a master’s scholarship is not quite easy because of the high competition in securing scholarships these days.

Most master’s scholarships nowadays are awarded to the most suitable applicants. In this case, it’s only the best student that are mostly awarded as the most brilliant students or merit based students.

Scholarships can also be awarded by either government, private organizations, and individuals.

Governments can offer master’s scholarships through bursaries, public organizations. Such scholarships are usually given to merit students and also those that are not financially strong.


Scholarships varies. There are fully funded scholarships and also partly-funded scholarships. Each of these scholarships have their own awards and their specific terms and requirements.

To expatiate this more, fully funded scholarships cover almost every financial expenses of the beneficiaries while partly-funded scholarships only cover part of the students’ expenses, mostly their fees or living cost.

Check also: 9 ways you can make money online while studying

How to Secure a Master’s Degree Scholarship

Before I list out the scholarships, let me share these tips with you. I am sure you will like them and also, they will help to charge you to get the best out of this.

There are many ways to secure a scholarship. But it is important to know that securing a scholarship is not quite easy since it is competitive. The number of people applying for certain scholarships are quite massive.

To make things easier and to enlighten you more, I have listed some recommended steps that you can take to stand a high chance of  winning a master’s scholarship in 2023. Below are some recommended steps for you:

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Tip 1. Apply for as many Scholarships as Possible

Applying for different master’s scholarship is very important since it can boost your chances and bring you many opportunities to secure a scholarship.

Tip 2. Plan ahead

In this case, you have to list out the known scholarships that you are interested in and plan ahead for them.

One of the best ways to plan ahead for them is to make sure you get the necessary requirements ready, keep go the date for the next batch of the scholarship and apply as early as possible.

As a good student and enthusiastic applicant, you need to keep up to date with your favourite scholarships so as to know the exact time to send in your application.  You don’t always have to wait for dying-minutes!

Also, you need to and must follow instructions in the scholarship form or application portal. So you must be properly guided and must strictly follow instructions.

Tip 3: Never give up

In every scholarship you apply for, you must think like a winner! Giving up is a choice but never choose it. As a student seeking for scholarship, you must know that getting it is not easy.

You need to push forward by putting more effort even when it seems it’s not really working out the way you expected.

When one scholarship fails, then bear it in mind that they are many other scholarship programs for master’s students out there that you should also attempt. The more you get denied, the more you should attempt.

While doing this, make sure you keep researching! Study the scholarship’s requirements more, study the scholarship’s pattern and make sure you send your application in a new but grand style, apply on time, and do well to follow up after application.

Check out: 6 ways to study abroad for free

List of Scholarships for Master’s Degree Program Students 2023

All over the world, many schools and institutions offer different types of scholarships to master’s degree students.

Below are some trusted scholarships for master’s degree programs in 2023:

  1. Commonwealth Scholarships for Masters Students
  2. The Fulbright Foreign Student Master’s Scholarship
  3. Erasmus Mundus Joint Master’s scholarships
  4. Chevening UK Government Master’s Scholarship Program
  5. Swedish Institute Master’s Scholarships
  6. DAAD Scholarships for Master’s Degree Programs

1. Commonwealth Scholarships for Masters Students

Commonwealth Scholarships been offered to student within the Commonwealth axis, they offers fully funded master’s degree for students such like visa and travel fees, accommodations fees, book allowance, etc.

A master’s degree is not just based on a particular course but on different fields. The Commonwealth Scholarships is specific to only citizens of the Commonwealth countries.

Scholarship link: Visit scholarship here

Check also: Free online master’s degree programs

2. The Fulbright Foreign Student Master’s Scholarship

The Fulbright Foreign Student Program gives fully funded Scholarships to student around the world (graduate/professionals).

The organizations is been found in the United State aiding Student all over the world to conduct research and to study in the United States.

Scholarship link: Visit scholarship here

3. Erasmus Mundus Joint Masters scholarships

The institution does not offer fully funded Scholarships to student but they offers part funded scholarship which covers the student travelling, insurance and living allowance cost.

The European Union are responsible for funding the Institution and it is also the initiative of the European Union’s Erasmus Mundus Program, awarded to student all over the world.

This scholarship is for students that apply for a full degree Scholarship through an Erasmus Mundus Joint Master Degree and are qualify to attend the Erasmus Mundus Joint Programs at the Masters level.

Scholarship link: Visit scholarship here

4. Chevening UK Government Master’s Scholarship Programs 

Chevening is the UK government’s international scholarships programme for Foreign students. This scholarship program started since 1983.

The scholarship program is fully funded and is sponsored by the Foreign, Commonwealth and Development Office and other organizations that are in partnership.

Chevening UK Government offer scholarship awards to qualified applicants to study in the UK for one year on a fully funded master’s degree course. The program is aimed at aiding student all over the world to study in the UK.

Scholarship link: Visit scholarship here

5. Swedish Institute Master’s Scholarships

In 2023, the Swedish Institute will be granting about 400 fully-funded scholarships to students that wish to do their master’s at any university in Sweden.

The scholarship program is fully funded by the government agencies and it offers scholarships specifically to the international student annually.

The Swedish Institute Scholarships Program provide diverse programs. Some of the Swedish Institute Scholarships Program are;

  • The Swedish Institute Scholarships for South Africa
  • The Swedish Institute Scholarships for Western Balkans and Turkey
  • The Swedish Institute Scholarships for Global Professionals (SISGP).

The SISGP is a fully funded scholarship that covers living expenses, tuition fees, insurance (illness and accident), and traveling fees, etc.

Scholarship link: Visit scholarship here

6. DAAD Scholarships for Master’s Degree Programs

The German Academic Exchange Service (DAAD) scholarships are scholarship programs that are designed for foreign graduates from development and newly industrialized countries.

Interestingly, the DAAD offers scholarships to international student and it’s institution is based in Germany. This scholarships are available for all disciplines and students from all countries.

The duration of the program is about twelve (12) to twenty four (24) month in which student can become professionals.

Award: The scholarship is worth over £750 monthly and up to £9,000 annually and it’s covers travel allowance, insurance (personal liability), health and accident.

Core Requirements;

  • You must work in either a public or private company.
  • At least two years’ professional experience
  • You must have a bachelor’s degree (above average).

Scholarship link: Visit scholarship here

Why you Should Pursue a Master Degree?

A master degree certificate is a very important qualification because it can leverage you in the society and give you a chance to handle a bigger position in where ever you are employed.

As the world advance, organizations want the best, that’s why student needs to be advance in knowledge to know more about their fields.

They are many importance of obtaining a master’s degree certificate, which are;

  • You can obtain promotion in your working place.
  • You will be more advance in your field of study.
  • As a master’s degree holder, you can teach students who are bachelor’s degree holder.
  • You are also respected by your colleagues, friends, family and other students.
  • As a master’s degree holder, you have more opportunities when applying for work than those with bachelor’s degree.

Those are the available scholarships for master’s degree programs. There are many other master’s degree scholarships out there that you can also make research about and apply for.

Feel free to do your personal research by using google search to find other scholarships. You can search for them based on your personally needs, country or course.

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