Scholarships Offering $500+ Monthly Stipend in 2024

In 2024, hundreds of international scholarships will be offered to international students for bachelors, masters, PhD, short courses, exchange programs, and research grants but the question of the matter is to find out which of those scholarships and fellowships will be offering US$500+ stipend on a monthly basis.

Therefore, let’s find out which of those international scholarships are offering $500+/month in 2024 so that you can get ready in time to apply for those scholarships in 2024 but first let’s read the clear definition of What is Scholarship Stipend here:

A scholarship stipend is a fixed regular sum paid as a salary or allowance, often to a student or learner, to help cover living expenses while they focus on their studies or research. It’s a vital component of many scholarships, ensuring that students can dedicate themselves fully to their academic and research activities without the burden of financial stress.

Advertisement

Here are five noteworthy scholarships that provide stipends of $500 or more per month:

1# DAAD Scholarships for Graduate Students and Researchers from Developing Countries

• • Description: The German Academic Exchange Service (DAAD) offers scholarships for graduate students and researchers from developing countries.
  • Stipend: €850 per month, along with health insurance and travel expenses.
  • Eligibility: Citizens of developing countries with a university degree and a strong academic record, proficient in German or English.
  • Application Deadline: Varies by program.
  • Website: DAAD Scholarships.

2# Eiffel Excellence Scholarships

• • Description: A French government program designed to attract top international students to French universities.
  • Stipend: €1,700 per month, plus tuition fees, health insurance, and travel expenses.
  • Eligibility: Non-French citizens under the age of 30 with a master’s degree or equivalent, admitted to a master’s or doctoral program at a French university.
  • Application Deadline: Varies by program.
  • Website: Eiffel Excellence Scholarships.

3# Fulbright Foreign Student Scholarships

• • Description: A U.S. government program that funds international students to study at U.S. universities.
  • Stipend: $1,800 per month, including tuition fees, health insurance, and travel expenses.
  • Eligibility: Citizens of countries eligible for the program, with a bachelor’s degree and strong academic record, proficient in English.
  • Application Deadline: Varies by country.
  • Website: Fulbright Foreign Student Program.

4# Chevening Scholarships

• • Description: A UK government program offering funding for international students to study at UK universities.
  • Stipend: £1,070 per month, plus tuition fees, health insurance, and travel expenses.
  • Eligibility: Citizens of eligible countries with a bachelor’s degree and at least two years of work experience, fluent in English.
  • Application Deadline: Varies by country.
  • Website: Chevening Scholarships.

5# Schwarzman Scholars

• • Description: A selective leadership program offering full scholarships for international students at Tsinghua University in Beijing, China.
  • Stipend: $4,000 per month for personal expenses​​​.
  • Eligibility: Candidates under the age of 29 with a bachelor’s degree and strong leadership potential, fluent in English.
  • Application Deadline: Early December.
  • Website: Schwarzman Scholars.

These scholarships paying $500+ monthly stipend are just a few examples of the numerous opportunities available globally, each offering significant financial support to help students focus on their academic and professional growth. Therefore, stay tuned with our blog to get the latest scholarship opportunities updates and for your ease here is the full table of above mentioned 5 scholarships with their information on description, stipend, eligibility, deadline, and websites:

This table provides an overview of each scholarship, including the monthly stipend amount, eligibility criteria, application deadlines, and website links for more information