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Are scholarships available for studying abroad and what are the chances of getting a scholarship in Canada/New Zealand for a Master's?

31 Aug 2026 · Answered by Disha Roy Choudhury · 2 min read
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Yes, funding exists for a Master's in Canada and New Zealand, but competition is high. Research-based programs with professor funding, first-class grades, and applying eight to twelve months early raise your chances, while course-based Master's degrees and last-minute applications make fully funded scholarships much harder to secure overall.

Disha Roy Choudhury
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You do have a real shot at scholarships for a Master's in Canada or New Zealand, but your actual chances depend heavily on whether you choose a research-based or course-based program. Understanding these factors before you apply can help you target the right funding sources and timeline.

What Affects Your Scholarship Chances

FactorHigher ChanceLower Chance
Program TypeResearch-based Master's (thesis)Course-based or professional Master's
Academic RecordFirst-class honors or top 5 to 10 percentAverage undergraduate grades
TimingApplying 8 to 12 months early with professor outreachApplying after admission deadlines

Funding Options in Each Country

In Canada, options like the McCall MacBain Scholarships or university-specific entrance awards exist, and research-based students can often secure Graduate Research or Teaching Assistantships that offset tuition and living costs. In New Zealand, the government-funded Manaaki New Zealand Scholarships offer full funding but are extremely competitive, while university International Excellence Scholarships provide partial tuition awards ranging from NZD 5,000 to over NZD 30,000 for postgraduate students.

My Advice

If funding matters to you, lean toward a research-based Master's and reach out to potential supervisors three to four months before applications open, since your odds improve significantly once a professor wants to fund your research.

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