Top 10 Fully Funded Master's Scholarships 2026 for International Students

A fully funded master's covers tuition and living costs, and often travel, with no debt at the end. For 2026, these ten programmes are the best-known fully funded master's scholarships for international students.

1. Chevening Scholarships. The UK government's main award fully funds a one-year master's at any UK university for applicants from 160+ countries.

2. DAAD Scholarships in Germany for Development-Related Postgraduate Courses (EPOS). Fully funds master's and PhD study in Germany for students from developing countries.

3. Fulbright Foreign Student Program. The US government's award for graduate study, covering tuition support, stipend and travel.

4. Erasmus Mundus Scholarships for International Students. Fund joint master's programmes delivered by consortia of European universities, with full tuition and living costs covered.

5. Swedish Institute Scholarships for Global Professionals (SISGP). Fully fund master's study in Sweden, covering tuition, living costs, insurance and travel.

6. Stipendium Hungaricum Scholarship Programme. The Hungarian government's fully funded scholarship for students from more than 70 countries covers tuition, stipend and accommodation.

7. Australia Awards Scholarships. The Australian government's development scholarship funds full tuition, return airfare and a living allowance for students from eligible countries.

8. Swiss Government Excellence Scholarships for Foreign Students. Fund master's and research study in Switzerland with a monthly stipend and tuition.

9. HEC-Eiffel Scholarships in MBA for Developing Countries. The Eiffel Excellence tier at HEC Paris fully funds MBA study for candidates from developing countries.

10. Joint Japan/World Bank Graduate Scholarship Program (JJ/WBGSP). Funds development-related master's study at partner universities worldwide.

All of these awards are competitive. Most require strong grades, a clear statement of purpose and, for the government programmes, a commitment to return home. Deadlines cluster between October and March for the following autumn, so start your application materials early.