What Is Scholarship?

Overview

A scholarship is a financial award granted to students based on various criteria such as academic excellence, leadership potential, financial need, or specific skills. Scholarships help students cover tuition fees, living expenses, and other costs associated with studying abroad.

Types of Scholarships for Nepali Students for Abroad Study

1. Government-Funded Scholarships
   • Offered by foreign governments to attract international students.
   • Examples: Fulbright, Chevening, Australia Awards, Erasmus+.
2. University-Specific Scholarships
   • Provided by universities for outstanding international students.
   • Example: University of Wolverhampton’s International Scholarships.
3. Merit-Based Scholarships
   • Awarded based on academic achievements, leadership skills, and extracurricular involvement.
4. Need-Based Scholarships
   • Given to students from economically disadvantaged backgrounds.
5. Subject-Specific Scholarships
   • Provided for students pursuing studies in specific fields like STEM, arts, business, or environmental sciences.
6. Exchange Program Scholarships
   • Short-term scholarships for students to study abroad for a semester or a year.

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Scholarships for Nepali Students for Study Abroad

1. Fulbright Scholarship (USA)

• Funded by the U.S. Government, it provides full funding for graduate studies, research, and professional development.
• Covers tuition, airfare, living stipend, and health insurance.
• Eligibility: Strong academic background, leadership potential, and commitment to returning to Nepal.
• More info: Fulbright Nepal

2. Erasmus+ (European Union)

• The Erasmus Mundus Joint Master Degrees (EMJMD) provides scholarships for students to study in multiple European countries.
• Covers tuition, travel, and living expenses.
• Eligibility: Bachelor’s degree with strong academic credentials.
• More info: Erasmus+ Official Website

3. Chevening Scholarship (UK)

• Fully funded by the UK Government for a one-year master’s program in any UK university.
• Covers tuition, living allowance, travel, and visa costs.
• Eligibility: At least two years of work experience and leadership potential.
• More info: Chevening Official Website

4. Australia Awards Scholarship (Australia)

More info: Australia Awards

Funded by the Australian Government for postgraduate studies.

Covers full tuition, living expenses, travel, and health insurance.

Eligibility: Commitment to returning to Nepal and contributing to development.