Every year, millions of rupees in scholarship money goes unclaimed by Indian students — not because they don't qualify, but because they either don't know these scholarships exist or assume the process is too complicated. This guide fixes that. These are real scholarships, with real amounts, that real Indian students have won. We've listed every meaningful one, with the actual eligibility criteria, deadlines, and exactly what the selection committee wants to see.
- Eiffel Excellence (France): €1,181/month + travel + health insurance
- DAAD (Germany): €934/month living allowance + tuition coverage
- Chevening (UK): Full tuition + £1,173/month + flights + visa
- Fulbright-Nehru (USA): Full tuition + living allowance + flights
- Erasmus Mundus: Up to €1,400/month + travel lump sum of €3,000
The Eiffel Excellence Scholarship — France's Best-Kept Secret
The Eiffel Scholarship is run by Campus France and awarded to international students for Master's and PhD programs at French higher education institutions. It is not a means-based scholarship — it is purely merit-based, and the selection criteria are academic excellence plus professional potential.
Indian students are among the most successful Eiffel applicants globally. France is actively trying to increase the number of Indian students in its higher education system, and the Eiffel is its primary tool for attracting high-achieving candidates. In 2024, India was among the top five source countries for Eiffel recipients.
What It Covers
- Monthly allowance of €1,181 (approximately ₹1.06 lakh per month at current rates)
- Return airfare from your home country to France
- Health insurance coverage throughout the scholarship period
- Cultural events and activities organised by Campus France
Eligibility
- Under 30 years old at the time of application (for Master's programs)
- Strong academic record — typically 75%+ or equivalent
- Must be nominated by the French host institution (you apply through the university, not directly)
- IELTS 6.5+ or DELF B2+ if applying for a French-language program
Applications open in October each year. Deadline is typically in January for programs starting the following September. Contact your French university's international office in September to begin the nomination process.
DAAD Scholarships — Germany's Most Accessible Funding
The German Academic Exchange Service (DAAD) is the world's largest funding organisation for international academic exchange. For Indian students, the most relevant DAAD programs are the Master's scholarships for development-related postgraduate courses and the Research Grants for doctoral candidates.
Unlike Chevening or Fulbright, DAAD has multiple scholarship programs running throughout the year, with different focuses and eligibility criteria. The most popular for Indian students is the Master's Scholarship for Graduates of All Disciplines — this is the general DAAD scholarship with the broadest eligibility.
DAAD Master's Scholarship: What It Covers
- Monthly stipend of €934 for Master's students
- Travel allowance (from India to Germany, return)
- Health, accident and personal liability insurance
- At some universities, tuition fee waivers (German public universities mostly have no tuition fees anyway)
Eligibility for Indian Students
- Bachelor's degree with at least 55% from an accredited Indian university
- Relevant work experience (typically 2+ years) for non-research Master's programs
- German language (B1–B2) for German-taught programs; English B2 / IELTS 6.0 for English-taught
- Must apply within 6 years of completing your qualifying degree
Find Scholarships Matched to Your Profile
Enter your CGPA, IELTS score, target country and degree type to see which of 35+ scholarships you are eligible for.
Open Scholarship Finder →Chevening Scholarships — The UK's Flagship Award
Chevening is the UK government's international awards programme and is about as competitive as scholarships get. Around 65,000 people apply globally each year. Approximately 1,500 are selected. For India specifically, the Chevening quota is relatively generous — India consistently receives among the highest number of awards of any country.
What Chevening selects for is not just academic performance. The selection criteria explicitly look for leadership potential, networking ability, and a clear plan to return to India and contribute to your field. Many of the strongest Chevening applications from India come from people with 3–5 years of professional experience, not fresh graduates.
Full Funding Package
- Full university tuition fees (no cap)
- Monthly living allowance of £1,173 (approximately ₹1.25 lakh/month)
- Economy return flights from India to the UK
- Arrival and departure allowance
- Chevening alumni network access (this is genuinely valuable — it's used as a professional network by thousands of Chevening alumni in India)
What Makes a Strong Chevening Application
The four Chevening essays — on leadership, networking, your UK study plan, and why you're returning to India — are where applications win or lose. The word limits are strict (150 words each, with one 500-word essay). Vague answers about "wanting to make a difference" score poorly. What the assessors want to see: specific examples, quantifiable impact, and a coherent narrative about why this particular UK university and program is the next logical step in a purposeful career.
Fulbright-Nehru Fellowships — USA's Premium Scholarship
The Fulbright-Nehru program is administered by the United States-India Educational Foundation (USIEF) and is one of the most prestigious awards an Indian student can receive. Unlike most scholarships, Fulbright has several distinct programs: Master's Fellowships, Doctoral Research Awards, and Postdoctoral Research Awards.
The Master's Fellowship is the most relevant for most Indian students — it funds a 2-year Master's degree at a US university and covers tuition, living costs, health insurance, and flights. Competition is intense: USIEF receives thousands of applications from India annually and selects roughly 35–40 Master's fellows per year.
Who Gets Fulbright
Almost every Fulbright-Nehru Master's recipient from India has: a First Class bachelor's degree (70%+), at least two years of relevant professional experience, a clearly articulated reason why US higher education specifically is necessary for their goals, and a commitment to return to India after the fellowship. Purely academic candidates without work experience are rarely selected.
Erasmus Mundus — Europe's Best-Value Scholarship
Erasmus Mundus Joint Master Degrees (EMJMD) are unique: they fund a Master's program that takes place across two or three different European universities. An Indian student on an Erasmus Mundus scholarship might spend the first semester in Italy, the second in Germany, and write their thesis at a university in Portugal. The experience is unlike anything else.
The scholarship amount is generous: up to €1,400/month living allowance, plus a travel and installation lump sum of €3,000 (for students from outside Europe), plus full tuition coverage. For a two-year program, the total value can exceed €35,000.
How to Find EMJMD Programs for Your Field
The EACEA (Education, Audiovisual and Culture Executive Agency) publishes the official list of funded EMJMD programs on eacea.ec.europa.eu. There are over 100 active programs across fields from Agricultural Sciences to Theoretical Computer Science. Each has its own consortium of universities, language requirements, and application deadline.
Scholarships Specific to Indian Students
| Scholarship | Country | Amount | Work Exp Required | Deadline |
|---|---|---|---|---|
| Inlaks Shivdasani Foundation | USA/UK/Europe | Up to USD 100,000 | Preferred | April each year |
| JN Tata Endowment | Any country | ₹10–15 lakh loan-scholarship | Not required | November each year |
| KC Mahindra Scholarship | Any country | ₹3–8 lakh | Not required | June each year |
| Narotam Sekhsaria Foundation | USA/UK/Europe | Up to ₹20 lakh | 2+ years preferred | September each year |
| ONGC Foundation Scholarship | Any country | ₹3 lakh/year | Not required | October each year |
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