Top 10 Scholarships to Study Abroad in 2025
If you have been thinking about studying abroad for a while but the financial aspect is holding you back, this article is all you need to take action and make the move.
Whether it’s a year at high school, a degree or a master’s degree, we’ve all fantasized about studying abroad at some point.
If you’ve also thought about this idea at some point, you’ve probably been stuck at the same point as most of us: how much money do I have to pay for it?
Well, to prevent this issue from stopping you from taking the plunge and living this experience, we’ve compiled in this article the best scholarships for studying abroad, so you can take a look at them and turn this idea into reality.
We explain which are the best scholarships to study abroad and how to apply for them
1. Erasmus scholarship
We start with the classic of all scholarships for studying abroad: the Erasmus scholarship . Who doesn’t have a friend, brother or acquaintance who has lived in Europe for a year thanks to this scholarship? Erasmus+ organizes student exchanges between universities in the different countries of the European Union.
In addition to making friends and having a good time, which we already take for granted, these scholarships to study abroad are a great opportunity to get to know the culture of the destination country you choose, develop your language skills and, as our grandmothers would say, “know what a comb is worth”, since it means getting around in another country with different customs and leaving our comfort zone.
The duration of this scholarship ranges from 3 to 12 months, and can be combined with paid internships abroad.
The first thing you need to know to be eligible for an Erasmus grant is that you must be enrolled in a higher education institution and your studies must be aimed at obtaining a recognised qualification.
If you are a first-cycle student, you must apply for this grant when you have completed at least the first year of your studies.
In addition, both the institution in which you are enrolled and the institution of the destination you want to go to must have an inter-institutional agreement between them and have the Erasmus Charter for Higher Education.
2. Iberdrola Scholarships
The Iberdrola International Scholarship Programme for Master’s Studies is aimed at young professionals who want to develop their career in innovation within the energy sector. A total of 35 scholarships are offered to study abroad, distributed as follows:
- Spain : 8 scholarships to study in Spain, the United Kingdom or the United States.
- United Kingdom : 12 scholarships to study in the United Kingdom.
- Mexico : 15 scholarships to study in Mexico.
To know when to apply for these scholarships to study abroad, you have to pay attention to the information they publish on their website, since that is where they publish all the information related to the registration processes, the necessary documents and the winners of the scholarships.
3. DAAD Scholarships
If you’ve ever thought about going to study in Germany, you’ll probably be familiar with the DAAD , Deutscher Akademischer Austauschdienst, which means German Academic Exchange Service, founded in 1925 and based in Bonn.
It is Germany’s largest organisation for funding international academic cooperation, and provides support to those who want to go to Germany to study.
The DAAD is estimated to offer scholarships to study abroad to around 150,000 students each year and has a budget of 500 million euros per year, most of which comes from public funds, despite not being a governmental organisation.
The DAAD offers more than 100 different scholarship programmes, so we recommend that you take a look at their website to find the most suitable scholarship for you.
This can vary depending on the admission criteria, such as the country of origin, knowledge of the German language, level of study or duration of the studies.
4. Endeavour Scholarships
Considered one of the best scholarships for studying abroad, specifically in Australia, the Endeavour Scholarships are part of the Australia Awards scholarship program offered by the Australian Government so that citizens of America, Asia and Europe can train and develop professionally in Australia.
The Endeavour scholarships were created in 2009 and are divided into four categories:
- Endeavour Graduate Scholarship
- Endeavor Research Grant
- Endeavour Scholarship for Vocational Education and Training
- Endeavour Scholarship for Executives
These scholarships cover tuition fees and provide a monthly stipend of AU$3,000, as well as a travel and accommodation allowance of AU$3,000. They also offer grants of between AU$2,000 and AU$40,000 to settle in Australia.
Among the requirements to apply for these scholarships to study abroad are the following:
- Be over 18 years old.
- Belong to one of the participating countries, including Spain.
- Have a university degree as well as a good academic record.
- Have a good level of English knowledge.
5. Ramon Areces Scholarship
A very interesting and perhaps less known option among scholarships for studying abroad is the Ramón Areces scholarship , which awards 24 scholarships for studying at universities and research centres abroad.
These scholarships are focused on 6 different categories: economic analysis, commercial distribution, applied economics, business economics, economic history and European Union law.
The scholarship has a duration of 12 months, extendable according to the decision of the Board of Trustees of the Ramón Areces Foundation and upon request of the interested party, and a financial endowment of €1,800 net per month.
The scholarship also covers the registration and enrollment costs, as well as the costs of an annual round trip. To learn more about how to apply for this scholarship and what requirements you must meet, you can visit this website.
6. Eiffel Scholarships
The Eiffel Excellence Scholarships were created by the Ministry for Europe and Foreign Affairs of the Government of France and are aimed at foreign students who wish to pursue master’s or doctoral studies in France.
The 4 areas of study of the Eiffel scholarships are:
- Right
- Economics and Management
- Engineering for the Master’s level and Sciences in the broad sense for the PhD level (Engineering, exact sciences: mathematics, physics, chemistry and life sciences, nano and biotechnologies, earth, universe and environmental sciences, information and communication sciences and technologies)
- Political sciences.
The age requirements for these scholarships are a maximum of 25 years for the master’s level and 30 years for the doctorate level.
7. Fulbright Scholarships
The Fulbright program is the main educational and cultural exchange program in the United States.
Participants in these scholarships to study abroad are chosen based on their academic and professional achievements, taking into account their leadership abilities, and have the opportunity to study, research and work in the United States for different periods of time depending on the duration of the specific scholarship, between 2 and 5 years.
The annual endowment of this scholarship is $35,000, approximately €32,500. Here you can consult the different scholarships available for International Students, a total of 17 different ones, as well as their application deadlines and requirements.
8. Vulcanus Scholarship
The Vulcanus Scholarships are a scholarship programme created in 1997 by the Government of Japan to allow students from the European Union to undertake internships in the country.
The duration of these scholarships is one year and includes a financial endowment of ¥1,900,000, approximately €15,400. The costs of accommodation, language courses and seminars are also covered by this scholarship.
A priori, there are only two requirements to apply for these scholarships to study abroad: being a citizen of the European Union and pursuing university studies in the field of engineering or science. Participants of this scholarship will enjoy:
- A one-week seminar on Japanese culture.
- An intensive Japanese course.
- 8 months of internship in a company in Japan.
9. Chevening Scholarships
Chevening Scholarships are an international scholarship programme created in 1983 by the British Foreign Office and are aimed at students with high academic potential who wish to pursue postgraduate studies in the United Kingdom.
To apply for these scholarships to study abroad, you must have a university degree, at least 2 years of work experience and be a citizen of one of the 116 countries to which these scholarships are directed.
These scholarships cover tuition fees, airfare from the country of origin, and accommodation and subsistence expenses.
The fields to which the approximately 1,500 scholarships apply are the following:
- Agronomy
- Architecture
- Arts and Humanities
- Business
- Medicine
- Education
- Engineering
- Geography
- Languages
- Right.
10. Vanier Scholarships
Vanier scholarships are fully funded by the Government of Canada and help finance careers related to health, science and engineering research for international students.
They are especially aimed at students from a Latin American or Spanish-speaking country. They last for 3 years and have a financial endowment of $50,000.
Due to the international recognition and popularity of these scholarships, the registration process as well as the requirements to obtain them are very strict:
- Be nominated by a Canadian university.
- Not having a doctorate degree.
- Having been the best student in the class for the last two years.
- Not having previously enjoyed a PhD scholarship or a CIHR, NSERC or SSHRC scholarship.