August 25, 2022

List of US scholarships for MS for Indian students.

List of US scholarships for MS

The US is one of the most expensive countries to pursue further studies. With the rupee falling against the dollar and the annual increase in the tuition fees at US universities, this dream of studying in the USA is slowly slipping away for most Indian students.

But not all hope is lost; if you are planning to send your child to the USA for a master’s, then here is a list of US scholarships for MS courses your child should apply for! 

List of US scholarships for MS courses  

Scholarships are a great way to fund your child’s higher education and ease the financial burden on you as a parent. Scholarships are monetary rewards given to students based on their academic performance, financial need, or ethnic background.

The reward given by each scholarship varies from university to university and may not be uniform for all awardees. (Some awardees may be eligible for a higher reward than others) 

US scholarships for MS course

1. Fulbright-Nehru Master’s Fellowships 

Fulbright Nehru Masters Fellowship is for Indian students who wish to study in the USA for their master’s.

The program offers scholarships to students studying a wide range of courses like Arts and Culture, Economics, Environmental Studies, Higher, Journalism and Mass Communication, Public Administration, Urban, and Regional Planning & Gender Studies at select universities and colleges.  

The fellowship is offered for one or two years and provides J-1 visa support, round-trip economy class air travel from a fellow’s home city to the USA, funding for tuition and fees, living costs, and accident and sickness coverage.  

2. Narotam Sekhsaria Foundation Scholarships 

Narotam Sekhsaria Foundation Scholarships offers meritorious students full and part scholarships as interest-free loans to study abroad or in India.

The students who have an excellent academic background and want to pursue postgraduation must apply for these loans and interest-free scholarships on the official website.

Students can win financial rewards as well as mentor guidance to help them build a unique career.  

3. Aga Khan Foundation Scholarship 

The Aga Khan Foundation provides scholarships to pursue masters and PhDs to meritorious scholars from developing countries.

Scholarships functions as 50% grant and 50% loan rewards. Scholarships are awarded for full-term courses and not for short-term courses.

The scholarships are a helping hand to those who cannot financially support themselves throughout college.  

Students get assistance with tuition fees and living expenses. The scholarships do not cover travel costs while funding for Ph.D. courses is limited to 2 years of study.

Since the program covers 50% grants and 50% loans, the interest charged on a 50% scholarship is 5% (less than the average loan interest rate in India). 

The payback period is five years and starts six months after the study period. The loan scholarship requires a guarantor to co-sign and provide reassurance.  

US scholarships for MS courses

4. Generation Google Scholarship 

Generation Google scholarships is an initiative by the tech company, Google to sponsor students who wish to study in Canada and USA.

The scholarships are meant for students who wish to pursue computer science degrees at bachelor’s, master’s, and doctoral levels.

Students receive around $10,000 USD (for those studying in the US) or $5,000 CAD (for those studying in Canada) for the year.

The scholarship is given on the basis of diversity, equity, and inclusion, demonstrated leadership, and academic performance. 

5. Inlaks Shivdasani Foundation Scholarship 

The Inlaks Shivdasani Foundation scholarship is offered to students to study in North America or Europe. It’s given to students who display exceptional talent in their field of choice.

It covers a host of costs like tuition, one-way travel, and living expenses is more than the US $100,000. During the interview process, students are required to provide financial proof to cover their course. This is a mandatory requirement for selection.  

The list of US scholarships for MS courses for Indian students is one way to finance your child’s US dream.

Consult an expert advisor to get the right plan
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    11 reasons to study in Australia

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    5 Reasons why Global Education is the Best for Indian Students

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    7 commonly asked questions during university admissions

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    8 Ways to fund child’s masters in Ireland

    8 Ways to fund child’s masters in Ireland

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    A parent’s checklists to send their child abroad.

    A parent’s checklists to send their child abroad.

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When the education system is relevant enough, it gets easier to understand the career prospects of the respective course. Choose a country whose education system aligns with your child’s needs and requirements. For instance, the best country for STEM courses is the USA, and if your child is interested in pursuing this path and saving for higher education in the USA can help fast-track their careers! Thus, conduct proper research to consider ROI, curriculum, research, facilities, etc.   3. Career counseling helps If you find planning and strategizing your child’s education challenging, you can refer to a career counselor for expert advice. For instance, if you and your child are confused about which is the better country or university for studying psychology, you can approach a career counselor who can guide you better.   4. Shortlist the countries and universities   If you know your child has an interest in studying finance, then it's time to shortlist the best countries and universities that have the infrastructure to build a good career. This step helps you understand the cost involved, and the future career pathway as well as gives you the chance to study indices like lifestyle, cost of living, job opportunities, etc.  source: pixabay 5. Future fees and accommodation cost  Tuition fees and accommodation are the two biggest and recurring expenses. It’s important to budget well and save for these expenses. Tuition fees can be very costly, your child can save up on them by applying for scholarships, getting grants, or fellowships. In terms of accommodation, it’s cheaper to live on campus than in off-campus facilities. It also saves money to share your living space than renting it alone. Your budget should also include food, travel, health coverage, etc.  Miscellaneous expenditures can dismantle your financial planning, so keep some extra money.  6. Consider the cost of entrance exams  Once you have chosen the correct country and institution, read and understand the entrance pathway. Certain universities require students to sit for entrance exams like IELTS, GMAT, TOEFL, GRE, etc. Make sure your child prepares in advance for it. There are application fees for giving these exams that can be expensive so keep the cost in mind while creating a plan of action.  7. Build a plan of action  Once you know where you want to send your child to study, it’s time to start planning for the expense! Get to know the details of the countries and the best institutions. From the application fees of every university to the cost of entrance exams, tuition fees, accommodation to visa costs, and flights, there is a list of expenses that you need to take into account before your child even leaves for their university.    8. Visa process  Visa is the last step in the admission process! Once your child has her/his acceptance letter that’s when the visa process begins. Student visa application can be hefty so it’s important to consider the cost and prepare for it in advance. To apply for a visa, your child must own a passport valid for at least six months from the date of application. You must visit the office with your documents, passport-size pictures, and a duly filled form.   9. Consider their safety  Safety is yet another significant concern of all parents. From finding them safe and secure accommodations to giving them an emergency fund. As parents, your desire to ensure your child’s welfare is your priority.   10. Prepare your child financially  It is a tough emotional decision to send your child abroad. You might not get to meet your child for quite some time and cannot guide them constantly. Your child will be responsible for a host of chores like paying bills, managing their houses, cooking, and budgeting. This is your chance to teach your child money management, how to budget their expenses and spend well rather than carelessly. Having a conversation about money management and budgeting is extremely important and can help your child build healthy financial habits.  There are a host of activities you need to consider before sending your child abroad. At the center of them, all is finance. Budget your finances well so that your child can have the best opportunities to kickstart their careers!  Consult an expert advisor to get the right plan for you TALK TO AN EXPERT
    Aditya Birla Scholarship

    Aditya Birla Scholarship

    The Aditya Birla Group is one of India's leading multinational corporations, with a diverse range of businesses including cement, metals, telecommunications, and financial services. As a part of their corporate social responsibility initiative, the Aditya Birla Group offers scholarships to deserving students who are in need of financial assistance to pursue higher education. Who can apply for the Aditya Birla Scholarship? The Aditya Birla Scholarship is available to students pursuing undergraduate and postgraduate studies in India. The scholarship is awarded based on academic merit, financial need, and overall personal characteristics and achievements. The scholarship is awarded for a period of one academic year and is renewable for a second year based on the student's academic performance. What are the eligibility criteria for Aditya Birla Scholarship? To be eligible for the Aditya Birla Scholarship, students must be Indian citizens and should have secured admission to a recognized university or college in India.  They should also have a good academic record, with a minimum aggregate of 60% in their last examination. In addition, students should come from economically and socially disadvantaged backgrounds and should have a demonstrated need for financial assistance to pursue their studies. What are the expenses covered by the Aditya Birla Scholarship? The scholarship provides financial assistance to cover expenses such as tuition fees, hostel fees, and other miscellaneous expenses. The amount of the scholarship varies depending on the student's individual needs and the cost of their education. How to apply for the scholarship? To apply for the Aditya Birla Scholarship, students must fill out an application form, which is available on the Aditya Birla Group website. They must also submit relevant documents such as their academic transcripts, proof of admission to a recognized university or college, and proof of financial need. The application process for the Aditya Birla Scholarship is competitive and rigorous, with a panel of experts from the Aditya Birla Group reviewing each application. The panel considers factors such as the student's academic record, personal characteristics, and financial needs before making a decision. The Aditya Birla Scholarship is a valuable opportunity for students in India who are in need of financial assistance to pursue higher education. It provides financial assistance to cover the costs of education and enables students to focus on their studies without worrying about financial constraints. The scholarship also allows recipients to develop the skills and knowledge necessary to succeed in their chosen field and make a positive impact in their communities. The Aditya Birla Group is committed to promoting education and empowering individuals to reach their full potential. Through the Aditya Birla Scholarship, the group is helping to create a brighter future for deserving students in India. Tips on how to apply for the scholarship! In addition to the basic eligibility criteria and application process, there are a few other key points to keep in mind about the Aditya Birla Scholarship: The scholarship is available to students pursuing a wide range of courses, including engineering, medicine, science, commerce, and arts. However, preference is given to students pursuing courses in science and technology. Students who are already receiving financial assistance from other sources are not eligible to apply for the Aditya Birla Scholarship. Along with the application form and required documents, students must also submit a personal statement outlining their academic and career goals, as well as their reasons for applying for the scholarship. The selection process for the Aditya Birla Scholarship is highly competitive, with only a limited number of scholarships awarded each year. Therefore, it is important for students to make sure that their application is as strong as possible. In addition to financial assistance, the Aditya Birla Scholarship also provides recipients with mentoring and career guidance to help them succeed in their studies and future careers. Recipients of the Aditya Birla Scholarship are also expected to participate in community service activities as part of the scholarship program. The scholarship is a great way for students to get support from the Aditya Birla Group, one of India's leading multinational corporations. This can open up opportunities for internships, networking, and future employment with the group. The Aditya Birla Scholarship is an excellent opportunity for deserving students in India who are in need of financial assistance to pursue higher education. The scholarship provides not only financial support but also mentoring and career guidance to help recipients succeed in their studies and future careers.  In summary, the Aditya Birla scholarship is a merit and need-based scholarship for Indian students pursuing undergraduate and postgraduate studies in India. The scholarship is awarded for a period of one academic year and is renewable for a second year based on academic performance. The applicants are selected based on their academic record, personal characteristics, and financial need through a competitive application process. The scholarship is an initiative of Aditya Birla Group as a part of their corporate social responsibility and it is a great opportunity for financially challenged students to pursue higher education. Consult an expert advisor to get the right plan TALK TO AN EXPERT
    Bachelor's degree in India

    Bachelor's degree in India

    Is your child about to finish 12th this year? The question that which is the best bachelor's degree in India may have crossed your mind a dozen times.   India’s educational landscape has involved the years with thousands of esteemed universities and colleges for your kid to choose from. Let’s look at some of the best bachelor's degrees in India that your child should consider!    Based on the field of study, bachelor's degrees can take three to five years to complete in India. For instance, bachelor's degrees in the arts, business, communications, and sciences normally take three years to finish, whereas those in engineering, pharmaceutical science, and technology take four years to complete, and those in architecture, medicine, or surgery take five years.   Different programs, institutions, and applicants will have different tuition costs. Depending on financial needs or academic accomplishments, scholarships may be offered to help with costs. If you believe that enrolling in a bachelor's program in India could be the next step in realizing your kid’s career objectives, continue reading to learn more about the fantastic bachelor's options offered by Indian colleges and other educational institutions.  Popular bachelor's degrees in India 1. MBA/BBA Management in an organization or corporation is a term used to describe a person who plans and organizes the work of personnel. So, unless you are the type of individual who enjoys or believes that they can properly plan, organize, choose staff, lead or direct, and control an organization to achieve different objectives, management classes can give you guidance to achieve various objectives by making efficient and effective use of human and financial resources.   The top colleges for studying BBA are   Loyola College   Delhi University   University of Mumbai  Christ University  Amity University  2. Engineering Engineering is the use of mathematics, empirical data, and scientific, economic, social, and practical knowledge to design, develop, maintain, research, and enhance organizations, machines, tools, systems, components, materials, processes, and systems. Many scientific students choose it as one of their top programs after completing their 12th-grade education since it leads to the highest-paying job in the world.  The best college for studying engineering in India are:   IITs  NITs  VIT Vellore  Jadavpur University  Anna University   3. Computer Application Computers are becoming an essential component of education as well as the young (student) generation's lifeblood. Computer systems are getting more and more accessible, and the information technology sector is increasing and rising along with it. The term "system software" refers to computer software that is created to carry out a number of synchronized tasks and operations for the consumer. In order to understand how to use the technology, computer application students mostly study those software packages.  The best college for studying computer applications are:   NITs  Birla Institute of Technology   Christ University  Jawaharlal Nehru University   Delhi University 4. Hotel Management  Always questioned how similar opulent hospices, resorts, and elegant outfits operate and coordinate similar massive structures without a hitch. hostel operation is the operation of the hospitality assiduity's service division with an emphasis on meeting the conditions of its guests. The hostel's general director is the top superintendent in charge of running that hostel or a connected business. Being the director of a voyaging boat would also give you the chance to sail.  The best colleges for studying hotel management are:   Institute of Hotel Management, Lucknow  Heritage Institute of Hotel and Tourism   KR Mangalam University  Amity University  5. Fine Arts Fine Trades Fine art is distinguished from applied art by being created purely for aesthetics or beauty rather than having to have some practical purpose. Fine art generally consists of imaginative graphic displays that are valued for their aesthetic, intellectual, or imaginative rates. Fine trades include effects like oil, form, armature, music, poetry, photography, film, videotape product, theatre, and cotillion. This field is for you if one or further of these formats allows you to express your feelings more effectively or inspires or fascinates you.   Here are the best colleges for studying fine arts in India:   Jamia Millia Islamia  Sir J J Institute of Applied Arts  Government College of Fine Arts  Aligarh Muslim University  College of Art, Delhi  6. Nursing Nursing, which is described as the profession of minding for cases, families, and societies so that they can heal from illness, is further than just a job. The foundation of the health sector, nurses are essential to the smooth operation of the entire assiduity. The need for healthcare is global, so the range of nursing is veritably broad. As a nurse, you will have the capability to help individuals in a variety of ways, from minding for new maters to offering advice to cases who are meaning self-murder. One of the stylish nursing seminaries in India is RAK College of Nursing in Delhi and CMC Vellore College of Nursing. In recent times, India has come the country that exports the most largely good nurses.  Here are some of the best colleges for nursing:   AIIMS, Delhi  Armed Forces Medical College  King George's Medical University  Madras Medical College  Dayanand Medical College & Hospital With the cost of education increasing every year by 5-6% across the globe, the need to start planning your child’s higher education is unavoidable!   Universities and the education world are no strangers to inflation. In fact, the educational sector has witnessed an unprecedented increase in tuition fees and living expenses. To ensure your child’s dreams are not crushed under the weight of inflation, you need to start planning and saving for their future right here!   Consult an expert advisor to get the right plan TALK TO AN EXPERT
    Can my child study for an MBA in Canada for under Rs 40 lakhs?

    Can my child study for an MBA in Canada for under Rs 40 lakhs?

    Previously we discussed can you really do an MBA in the UK for under 25 lakhs? Before you ask your friends and family whether your child can study for an MBA in Canada for under Rs 40 lakhs, you must first understand the different kinds of costs involved from the application process to flying your child to his/her dream university.   What is the average cost of studying in Canada?  This query is a fairly common and reasonable query many parents harbor: What is the cost of studying in Canada? While the cost varies based on your university, province, course as well as lifestyle, the average cost of studying is around CAD 20,000 to CAD 30,000! This cost is increased every year due to the growing demand and influx of international students to Canada. The high cost is also because of the marring effects of education inflation.   Why pick Canada for MBA?  This is because Canada offers the accredited and highest ROI offering- MBA programs. In terms of cost, MBA in the USA can cost you up to Rs. 50 to 1cr, while MBA in the UK from top universities can cost you Rs. 75-50 lakhs. Most of the UK’s popular universities are located in London which exponentially increases the cost of living for international students. Then there is Canada, the costs range wildly from Rs. 30 lakhs to Rs. 1 cr., depending on the university your MBA.   When you are shortlisting countries for higher studies, you must consider the cost of living, the ease of picking up a part-time job, the chances of obtaining a work permit, and how convenient it is to apply for a Resident Visa while the student is there. Canada is ahead of USA and UK in terms of lifestyle, ease of permanent residency, and work permit.  Types of MBA offered by Canadian Universities  Another reason to study MBA in Canada is that its universities offer part-time MBA, full-time MBA, Executive MBA, and also online MBA. Each of these degrees is well accepted in the international business circles and families must check the location, ranking, and placements of the institute while shortlisting the final ones. Some courses offer one-year programs which means your child can join the Canadian workforce after completing their graduation.   Source: pixabay How is MBA in Canada under Rs. 40 lakhs possible?  There are over 40 recognized universities offering MBAs in Canada. Here we list some of the universities where you can pursue an MBA in Canada under Rs. 40 Lakhs - the Memorial University of Newfoundland, University of Calgary, University of Victoria (Double Masters), University Canada West, Vancouver Island University, New York Institute of Technology - Vancouver Campus.   One basic rule of thumb while looking for more affordable MBA options in Canada is central and western Canadian universities are a better bet than the ones on the East coast and the ones that are closer to the US. Many of these universities offer MBAs in a host of subjects ranging from General Business Administration and Finance to International Business and Entrepreneurship. If you are looking for a good university degree, that is followed up by a great work opportunity, most of these names are a good bet.   The course duration ranges from one year to 20 months to two years, depending on the format you choose. Most Canadian university classes are scheduled to allow students to work for 20 hours along with their studies and support their finances.   There are scholarships available to international students offered directly by the universities, others offered by private trusts, that can support a student through the two years of MBA.   Coming back to the question that we began with… when parents ask us, Can my child study an MBA in Canada in under Rs. 40 lakhs, our answer is a resounding yes. Just do your research, start saving early, and ensure the student checks all the academic boxes and is focused where his / her study is concerned.   How you can save Rs. 40 lakhs for your child’s MBA in Canada  Here are some simple ways to save Rs.40 lakhs  Start early Budget your expenses and make a savings plan Embrace all financial investment options like FDs, Gold, Mutual Funds, PFP, ETFs, etc  If you have over 5 -7 years in hand before your child leaves the country, invest in growth-oriented instruments. If your investment horizon is 4-5 years or lesser, put your money in debt-based instruments. Check on the lock-in periods and returns. Guard your corpus fund, do not dip into it during emergencies. Constantly monitor your investments and check the changing fees rates and rules of admissions in the universities of your interest.   Do this regularly, and in due course of time, you will have the corpus you need to fly your child out to Canada to do an MBA in under Rs. 40 lakhs. Happy planning and saving! Consult an expert advisor to get the right plan for you TALK TO AN EXPERT
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