The cost of attending college is rising even as countries around the world face inflation and economic crises. Education in the USA is no exception, it is equally expensive, especially for international students. The good news is that there are numbers high paying scholarships in the US that could benefit all levels of study, including undergraduate, graduate, and doctoral students. Here, studygreen.info has compiled a list of 15 High Paying Scholarships in the United States to assist those applying to study at the destination. These scholarships, which are mostly fully funded programs, cover full tuition fees, monthly/annual allowances for living expenses and other academic expenses throughout the academic studies. US scholarships paying over $50,000 include:
1.) Fulbright Foreign Student Program ($50,000+)
More than 4000 students are awarded the Fulbright scholarship every year by the US Department of State to study graduate courses in the US. This scholarship covers full tuition fees, a monthly stipend, accommodation fees, travel expenses and medical insurance. Over $215. 4 million are available each year for students in the US. Applications are encouraged from underrepresented groups, minorities and economically disadvantaged individuals. The Fulbright Scholarship operates in more than 160 countries. official webpage
2.) MasterCard Foundation Scholars Program ($50,000)
The Mastercard Foundation in partnership with selected institutions awards fully funded scholarships to students from developing countries who intend to study graduate and undergraduate programs in the USA (eg at the University of California, Berkeley). Each recipient is awarded $50,000 per year for study. The scholarship covers full tuition fees, monthly stipends, living expenses, travel expenses, medical insurance, visa costs, leadership development opportunities and mentoring support. Master’s degree applicants must first apply to a master’s program before being considered for the Mastercard Foundations Scholars Program.
3.) Harvard University MBA Scholarship ($102,200)
The Harvard Boustany MBA Scholarship is awarded every two years for a two-year course at Harvard Business School. Boustany Foundation Awards scholarships to exceptionally talented individuals, creates life-changing opportunities for underprivileged children. Applicants must have an excellent academic background and show considerable promise.
4.) Gates Scholarship Program ($50,000+)
Each year, the Gates Foundation awards fully funded scholarships to 1000 academically talented students to study for four-year undergraduate degrees at any accredited US university. The Gates Foundation awards more than $100 million in scholarships each year to cover the full cost of tuition, board, room, books, transportation, and other academic needs. The Gates Scholarship is renewable for four years of study. This full scholarship is worth $100 million each year.
See also: Top 25 Fully Funded Scholarships in USA for International Students
5.) Knight-Hennessy Scholarship at Stanford University ($50,000)
This is one of the best scholarships for local and international students who wish to study any MSc, MBA, JD, MFA, MA, MD, PhD or dual degree program at Stanford University. The scholarship amounts to 400 million dollars. It covers full tuition, $33,000 for room and board, travel and airfare, supplemental grants for conference attendance, mentoring opportunities, and financial support for non-profit organizations or start-ups for award recipients upon graduation. Recipients receive funding throughout their graduate program at Stanford University.
6.) World Bank Japan Joint Scholarships ($50,000+)
This scholarship is awarded to individuals from developing countries to study a master’s program at top universities in the US or other continents. The scholarship worth $20 million per year covers full tuition, travel allowance and living expenses (amount varies by country). Applicants must be in good health, hold a bachelor’s degree, be a citizen of a developing country and have at least 3 years of work experience in a development-related field.
7.) Hubert H. Humphrey Scholarship Program ($50,000)
This scholarship is awarded to young and mid-level professionals to study non-degree programs in the USA. Each professional is awarded $50,000 annually. This scholarship covers full tuition fees, monthly stipends, book allowance, computer allowance, travel expenses, professional development allowance and accommodation allowance.
8.) ADB Japan Scholarship Program (($50,000+)
The Asian Development Bank-Japan Scholarship Program awards a total of 135 scholarships each year to high achievers from developing countries who have at least two years of work experience. The scholarship is worth more than $80 million annually. Covers full tuition, medical insurance, monthly expenses, books and travel allowance. Applicants must be willing to study graduate programs in the following academic fields:
- Science and technology
- Economics, Business and Administration
- Development Studies
- Law and Public Policy
To be eligible for this scholarship, applicants must not be over 35 years of age and must be from a developing country.
9.) Schlumberger Foundation Faculty for the Future Fellowships ($50,000)
The Schlumberger Foundation offers fellowships of $50,000 each to female PhDs in the fields of management and engineering. Applicants are welcome from all nationalities and countries. PhD students who have secured an offer of full-time admission from any university in the United States may apply for this scholarship. Applicants must demonstrate their academic excellence, leadership skills, community outreach activities, and track record of mentoring other women to join the Stem fields.
10.) AAUW International Scholarships ($50,000+)
The American Association of University Women offers fully funded scholarships of up to $50,000 to women from all countries for master’s, doctoral, or postdoctoral studies in the United States. The scholarship covers education, living and travel expenses. Candidates are requested to submit the following when applying:
- Three letters of recommendation from teachers.
- Proof of degree.
- Proof of current registration.
- Official report of TOEFL test scores or waiver request.
- Letter of Introduction.
- Completed application form and eligibility test.
Applications for the AAUW International Fellowship open in August and close on November 15 each year.
Also Check: Top 10 Universities in USA that Offer Fully Funded Admission [without IELTS]
11.) Google PhD Scholarship ($50,000)
Google offers fully funded PhD scholarships and research mentorships to international students at any university who have outstanding performance in the field of computer science and research. The scholarship covers full tuition and fees, health insurance, registration fees, travel expenses, book allowance, and monthly stipends. In addition, it offers Google research guidance to these students. Application requirements and deadlines vary by country. The scholarship is worth $50,000 annually.
Yale University offers numerous scholarships to its students so that the cost of study does not burden them. These scholarships include need-based scholarships. Need-based scholarships are usually awarded to students admitted to Yale University regardless of academic program (BSc, MSc and PhD). The scholarship is non-refundable and ranges from a few dollars to over $70,000. The scholarship covers monthly stipends, full tuition and medical insurance. US citizens and international students are eligible for this scholarship. The student does not need a separate application for this scholarship in addition to applying for admission to Yale University.
This scholarship is awarded to PhD students studying International and Regional Studies or any social science program and postdoctoral students. Candidates must have strong knowledge of regions outside the US and Canada. Applicants must also have excellent grades in their academic discipline. The scholarship is worth $75,000 each year for 2 years.
14.) Trustee Boston Scholarship ($57,100)
This prestigious merit-based scholarship is awarded to outstanding undergraduate students who have applied to study at Boston University. This scholarship is worth $57,100 per student. It covers tuition and other academic fees for four years of undergraduate studies. Applicants must submit the application for admission and complete the Trustee Scholarship essay by December 1st.
15.) Rotary Foundation Global Scholarships ($50,000+)
The Rotary Foundation generously funds postgraduate and doctoral courses or research in any country where the Rotary Club is located. The Rotary Foundation awards $86 million in grants each year. The research or course must be in the following areas
- Maternal and child health
- Disease prevention and treatment
- Economic and community development
- Peace and conflict resolution
- water drainage
- Basic education and literacy
This grant can be used to cover travel expenses, tuition fees, passport/visa, living allowance or language training courses. Applications for this scholarship are accepted on a rolling basis.