How to Get a Scholarship to Study Abroad for Indian Students

The rising cost of overseas education has made scholarships more important than ever. However, securing a scholarship requires careful planning, preparation, and timely applications. This guide will walk you through the opportunities, requirements, and practical steps to get started. 

Also Read: How to Send Money Abroad for Your Child’s Education

Types of Scholarships Available for Indian Students 

1. Merit-Based Scholarships 

Merit-based scholarships are awarded to students with outstanding academic achievements (typically above 70-85% or equivalent GPA), exceptional test scores in exams such as IELTS, TOEFL, GRE, GMAT, SAT, or ACT, or notable accomplishments in extracurricular activities, sports, research, or leadership. 

These scholarships are highly competitive and are offered by universities, governments, and private organisations.

It usually covers a full or partial tuition fee waiver and, in some cases, living expenses and travel allowances.

2. Need-Based Scholarships 

Need-based scholarships are designed to support students from financially disadvantaged backgrounds. These scholarships assess a student’s financial situation rather than focusing solely on academic performance.

Students are required to submit proof of income, tax documents, bank statements, or financial affidavits.

These scholarships typically include coverage for partial or full tuition fees, living expenses, accommodation and other educational costs.

3. Government Scholarships 

Government scholarships are funded by the national government of the destination country to attract talented international students and strengthen educational ties between countries.

Students must prove their eligibility by demonstrating strong academic performance, admission to a recognised institution, and compliance with specific country or program requirements.

Students can apply through the official scholarship portal of the sponsoring government and attend interviews if required.

It usually includes full or partial tuition fees, a monthly living stipend, health insurance, and, in some cases, airfare and travel expenses.

4. University Scholarships

Many universities offer scholarships specifically for international students to attract talented applicants. 

These may be merit-based, need-based, or a combination of both.

For this, students must check scholarship opportunities on the university’s website.

These scholarships usually come with tuition fee discounts, partial or full tuition coverage, and occasionally living allowances and research grants.

5. Country-Specific Scholarships

Country-specific scholarships are targeted at students from particular countries, including India. 

These scholarships are often funded by governments, universities, or international organisations. Students can apply through the scholarship provider’s portal.

It generally encompasses tuition fees, living expenses, travel allowances, and health insurance (depending on the program).

6. Private Scholarships

Private scholarships are funded by corporations, foundations, charitable organisations, and educational trusts. They often support students pursuing specific fields of study or career goals.

Interested students can apply directly through the organisation’s website.

It normally entails one-time grants, partial tuition assistance, living expenses or study-related costs.

How to Get a Scholarship to Study Abroad

1. Start Your Scholarship Search Early

One of the biggest mistakes students make is waiting until they receive an admission offer to begin searching for scholarships. Many scholarship applications close months before university deadlines, and late submissions are usually rejected.

Do’s:

• Start researching scholarships at least 12–18 months before your intended intake.

• Create a list of universities, scholarship opportunities, eligibility criteria, and application deadlines.

• Subscribe to university newsletters and scholarship portals for updates.

Don’ts:

• Don’t assume scholarships are automatically awarded with admission.

2. Maintain Strong Academic Performance

Academic achievement is one of the most important factors considered by scholarship providers. A strong academic record demonstrates consistency, discipline, and the ability to succeed in a challenging educational environment.

Do’s:

• Aim for the highest grades possible in your current studies.

• Prepare thoroughly for standardised tests such as IELTS, TOEFL, GRE, GMAT, SAT, or ACT if required.

Don’ts:

• Don’t submit incomplete academic records.

• Don’t exaggerate grades or achievements.

3. Build a Strong Extracurricular Profile

Scholarship committees often look beyond academics. Leadership roles, volunteer work, internships, sports achievements, and community involvement can help distinguish you from other applicants.

Do’s:

• Document your achievements and obtain certificates where applicable.

Don’ts:

• Don’t list experiences you cannot substantiate.

4. Write a Compelling Statement of Purpose (SOP)

Your Statement of Purpose is your opportunity to explain who you are, why you deserve the scholarship, and how studying abroad aligns with your future goals.

Do’s:

• Personalise your essay for each scholarship application.

• Proofread carefully before submission.

Don’ts:

• Don’t copy templates from the internet.

• Don’t use generic statements without supporting examples.

5. Obtain Strong Recommendation Letters

Recommendation letters provide independent validation of your academic abilities, character, and potential. A strong recommendation can significantly strengthen your application.

Do’s:

• Choose teachers, professors, employers, or mentors who know you well.

• Request recommendations well in advance.

• Provide recommenders with details about the scholarship and your achievements.

Don’ts:

• Don’t select recommenders based solely on their job title.

6. Apply to Multiple Scholarships

Scholarship opportunities are highly competitive, and even strong candidates may face rejection. Applying to multiple scholarships increases your chances of receiving funding.

Do’s:

• Keep track of application requirements and deadlines.

• Tailor each application to the specific scholarship criteria.

Don’ts:

• Don’t stop applying after receiving one rejection. 

7. Prepare for Scholarship Interviews

Some scholarships require an interview to assess your motivation, communication skills, and suitability for the award.

Do’s:

• Research the scholarship provider and its objectives.

• Practice answering questions about your academic background and career plans.

• Be confident, professional, and authentic during the interview.

Don’ts:

• Do not memorise scripted answers.

8. Keep Your Documents Organised

A missing document can result in a rejected application, even if you meet all eligibility requirements.

Do’s:

• Create a checklist for each scholarship.

Don’ts:

• Don’t submit incomplete applications.

9. Apply Before Scholarship Deadlines

Many deserving students miss out on scholarships simply because they submit their applications late or rush them at the last minute. Scholarship providers strictly follow application deadlines, and most do not accept late submissions under any circumstances.

Do’s:

• Note down all scholarship deadlines in a calendar or spreadsheet.

• Aim to complete your application at least 2–4 weeks before the official deadline.

• Gather required documents such as transcripts, test scores, recommendation letters, and essays well in advance.

• Submit your application as early as possible to avoid technical issues or website congestion on the final day.

Don’ts:

• Don’t submit incomplete applications with the intention of updating them later.

• Don’t overlook time zone differences if the scholarship provider is based overseas.

• Don’t ignore confirmation emails or application status updates after submission.

Top Scholarships for Indian Students to Study Abroad

Here are some of the most popular scholarships that Indian students can explore.

1. Fulbright-Nehru Master’s Fellowships (USA)

The Fulbright-Nehru Master’s Fellowships support outstanding Indian students pursuing a master’s degree at selected universities in the United States. The program aims to promote academic excellence and cultural exchange between India and the USA.

Eligibility:

• Indian citizenship
• Bachelor’s degree from a recognised institution
• Strong academic and leadership record
• Relevant work experience may be required for certain fields

How to Apply:

• Submit an online application through the United States-India Educational Foundation (USIEF)
• Provide academic transcripts, essays, recommendation letters, and other supporting documents
• Shortlisted candidates may be invited for interviews

Benefits:

• Tuition and university fees
• Living expenses
• Health insurance
• Airfare and travel allowances
• Support for visa-related expenses

2. Chevening Scholarships (United Kingdom)

Funded by the UK Government, Chevening Scholarships enable future leaders from around the world to pursue a one-year master’s degree at a UK university.

Eligibility:

• Indian citizenship
• Undergraduate degree
• Demonstrated leadership potential
• Minimum work experience requirement as specified by the program
• Commitment to return to India after completion of studies

How to Apply:

• Apply through the official Chevening portal
• Submit essays detailing leadership experience and career goals
• Attend an interview if shortlisted

Benefits:

• Full tuition fees
• Monthly living stipend
• Economy-class return airfare
• Visa application costs
• Travel grants for approved activities

3. DAAD Scholarships (Germany)

The German Academic Exchange Service (DAAD) offers scholarships for international students pursuing postgraduate studies and research in Germany.

Eligibility:

• Indian citizenship
• Strong academic record
• Relevant undergraduate qualification
• Program-specific requirements may apply

How to Apply:

• Apply through the DAAD scholarship portal
• Submit academic documents, a motivation letter, recommendation letters, and proof of language proficiency if required.

Benefits:

• Monthly stipend
• Travel allowance
• Health insurance
• Tuition support where applicable
• Research and study grants

4. Australia Awards Scholarships

Funded by the Australian Government, Australia Awards Scholarships provide opportunities for students from developing countries, including India, to undertake higher education in Australia.

Eligibility:

• Indian citizenship
• Academic qualifications required for the chosen program
• Demonstrated leadership qualities and development impact potential

How to Apply:

• Apply through the Australia Awards online application system
• Submit academic records, references, and supporting documents

Benefits:

• Full tuition fees
• Return airfare
• Living allowance
• Overseas Student Health Cover (OSHC)
• Academic and settlement support

5. Erasmus Mundus Joint Master’s Scholarships (Europe)

Erasmus Mundus scholarships allow students to study in multiple European countries through joint master’s degree programs offered by a consortium of universities.

Eligibility:

• Bachelor’s degree
• Strong academic performance
• Program-specific requirements
• Open to students from India and other non-European countries

How to Apply:

• Apply directly to participating Erasmus Mundus programs
• Submit academic transcripts, motivation letters, recommendation letters, and language proficiency scores

Benefits:

• Full tuition fees
• Monthly living allowance
• Travel costs
• Installation allowance
• Insurance coverage

What If Your Scholarship Doesn’t Cover All Your Expenses?

Receiving a scholarship is a major achievement, but it’s important to understand that most scholarships do not cover every expense associated with studying abroad. 

If your scholarship covers only part of your study abroad expenses, an education loan can help bridge the remaining funding gap without forcing you or your family to bear the entire financial burden upfront.

Many lenders offer study abroad loans that can be used to cover:

1. Unpaid tuition fees
2. Living expenses
3. Travel costs
4. Accommodation expenses
5. Study materials and other educational costs

Depending on your profile and eligibility, you may be able to choose between secured (collateral-based) and non-collateral education loans.

Before applying, make sure to:

• Calculate the total cost of attendance, not just tuition fees.
• Consider how much your scholarship covers and how much funding is still required.
• Compare interest rates, repayment terms, and loan benefits from multiple lenders.
• Borrow only what you genuinely need to avoid unnecessary debt after graduation.

ExTravelMoney Student Loans helps students explore education loan options through trusted lending partners, making it easier to find financing solutions that suit their study abroad requirements.

ExTravelMoney education loans stand out from the rest due to several other reasons:

1. Compare different banks and NBFCs to give you the best loan provider available within your financial and course prospects
2. Interest rates from 10.5% per year
3. Loan tenures up to 10-15 years
4. Unsecured loan for up to Rs 1.25 crore
5. Simple online processing with minimal documentation 
6. Flexible repayment structure with a repayment moratorium option
7. Obtain collateral-secured and non-collateral loans

Once your admission and scholarship are confirmed, you'll typically need to pay any remaining tuition fees, accommodation deposits, or other university charges before departure.

ExTravelMoney enables students to send money abroad through RBI-authorized banks and financial institutions, helping make university fee payments simpler and more cost-effective.

Making these international payments through ExTravelMoney can help you transfer funds securely, quickly, and at competitive exchange rates. Comparing rates and transfer options beforehand can also help you save money on overseas education expenses.

Winning a scholarship is one of the best ways to reduce the cost of studying abroad, but it rarely covers every expense. From funding the remaining costs with an education loan to transferring university fees and buying foreign currency before departure, proper financial planning is essential. ExTravelMoney makes the entire process simpler by helping students access education loans, send money abroad, and get competitive currency exchange rates, all in one place.

Also Read: Self-Funding or Student Loan- Which is Best for Abroad Studies