Fully funded is a description of a pension plan that has sufficient assets to provide for all the accrued benefits it owes and can thus meet its future obligations. A full fund can be contrast with an underfund pension, which does not have enough current assets to fund its obligations. Fully funded means everything is paid for. Tuition, living expenses, and whatever you may need are completely paid for. Except otherwise stated! So check the scholarship offer properly.
Scholarships may be fully fund or partially fund which means they might cover all the cost or just a fraction of it. In some cases, the scholarship money is made in the student’s name and paid to them directly. The money is, on other occasions, given to the institution or school of the student.
A scholarship is a form of financial aid award to students to further their education. Scholarships are awarded based upon various criteria, such as academic merit, diversity and inclusion, athletic skill, and financial need. Scholarship criteria usually reflect the values and goals of the donor or founder of the award.
While scholarship recipients are not required to repay scholarships, the awards may require that the recipient continue to meet certain requirements during their period of support, such as maintaining a minimum grade point average or engaging in a certain activity. Scholarships may provide a monetary award, an in-kind award, or a combination.
Government Scholarships are given by governments of develop countries as part of their obligation to global affiliation and advancement. It also helps to develop their education systems. Governments of developed countries such as the United Kingdom, the United States of America, Japan, the Netherlands, and many nations grant government-funded scholarships to extraordinary international students from around the globe.
Government Scholarships are give by governments of develop countries as part of their obligation to global affiliation and advancement. It also helps to develop their education systems.
Top Government Scholarships. Below are the countries that offer government scholarships:
The United Kingdom and British Commonwealth Government Scholarships
The UK and Commonwealth offer scholarships to students from Commonwealth member states. They are:
1. UK Commonwealth Scholarship for Developing Commonwealth Countries
UK Commonwealth Scholarship for Developing Commonwealth Countries: This scholarship is aimed at students from developing Commonwealth nations who want to pursue seek Masters and Ph.D. studies in the UK. Each scholarship gives flight tickets to and from UK, examination and tuition fees, initial arrival stipend, private maintaining allowance, etc. They give 300 scholarships each year.
- An applicant must be a citizen or permanent resident of a Commonwealth country.
- Must be a refugee or British protected person
- Be unable to afford to study in the UK without this scholarship
- Be an undergraduate honor degree holder with at least upper second class
2. British Chevening Scholarship
These scholarships are awarded to excellent students of Chevening eligible countries around the universe. The scholarship is usually for a year Master’s degree. The scholarship encompasses tuition, a residence allowance, an economy class return flight to the UK, and extra cash to cover the necessary cost. It gives 1,500 scholarships each year.
- Be a citizen of a Chevening eligible country or province
- Have at least an upper second class degree
- Have at least two years of work experience
- Return to your country of citizenship for a minimum of two years after your award has ended
- Apply to three different eligible UK university courses and has received a thorough offer from one of these options
- Meet the Chevening English language requirement.
The United States Government Scholarships
The following are scholarships offered by the United States government:
1. Herbert Humphrey Fellowship Program
This fellowship gives a year of skilled enrichment in the US for trained professionals from assigned countries throughout the globe. The fellowship provides tuition, flight ticket, allowance, health and accident insurance, etc. It gives 200 fellowships each year.
- Have a record of public service in the community
- With an undergraduate degree
- Should not have a US permanent resident status or US citizenship
- Must have exemplified leadership personalities
- Have not had more than six months of US experience in the last 5 years prior to the start of the Fellowship
- Must have not attended graduate school in the US for one academic year or more in the seven years prior to the start of the Fellowship
- Should have a minimum of five years of full-time professional experience
- The English language proficiency
2. Fulbright Foreign Student Program
These are full scholarships for international students from 155 countries around the universe who wants to go after a Master’s or Ph.D. degree in the US. The scholarship can also be grant for non-degree postgraduate studies. The grant encircles tuition, flight tickets, stipend, textbooks, and health insurance. It gives 1,800 scholarships each year.
- Must be doctoral students and have the approval of their home institution
- Priority will be given to applicants who have not studied in the US
- Must have an extraordinary academic record and high level of English mastership
- Applicants with strong proposals, summarizing their research goals, procedure, time frame, and reason for conducting the research in the US
- A minimum score of 100 on the internet-based TOEFL test
- Must have high enthusiasm and a serious devotion to completing the program as scheduled and to returning home
3. Swedish Institute Study Scholarship
This scholarship is offered by the Swedish Government to highly readied international students from developing countries who want to pursue full-time Master’s studies at Swedish universities. It covers tuition, insurance, living expenses, and travel grant, it covers 335 scholarships each year.
- Must be a citizen of a country that is eligible for the scholarship program
- Should have a minimum of 3,000 hours of demonstrating the employment
- Must have demonstrated leadership experience from your current or previous employment.
Japanese Government Scholarship
The Japanese Government offers international students who wish to study at Japanese universities as undergraduate and research students. This scholarship covers tuition, travel costs, and allowance.
- Must have the nationality of a country that has diplomatic relations with Japan
- Must be willing to learn Japanese
- Obtain a “Students” visa at the Japanese diplomatic mission located in the applicant’s country
- Must submit a health certificate
- Applicants must be born between April 2, 1995, and April 1, 2003
- Applicants must have 12 years of schooling in countries other than Japan.
How to Get Government Scholarships to Study Abroad
Below are some of the ways you can get government scholarships to study abroad:
- Research for possible government scholarships available
- Check your preferences, eligibility, and criteria
- Have the needed grades
- Ask for help
- Contact the scholarship funder directly
Application opens for government scholarships for international students every year. From China, Japan, Indonesia, USA, UK, Australia, Belgium to Estonia, Russia, Indian government scholarship.
These are usually fully fund scholarships for undergraduate, master, or Ph.D./doctoral degrees. Start here to apply for government scholarships for African students, developing countries & international students around the world.
However, if there is anything you think we are missing. Don’t hesitate to inform us by dropping your advice in the comment section.
Either way, let me know by leaving a comment below!
Read More: You can find more here https://www.poptalkz.com/.
Note: You have more to gain on you asking more questions on Government Scholarships 2023. And more other work and study abroad like USA, Australia, UK, and other developed countries are all on guidelines Here.
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