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What loans and scholarships are available for a Master's in UK or USA?

03 Jul 2026 · Answered by Mohit Tanna · 1 min read
Mohit Tanna
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You have great options for scholarships and education loans for your master's in the UK or USA for September 2026. Look at Chevening, Commonwealth, Fulbright-Nehru, and GREAT Scholarships, and consider Prodigy Finance for loans. Check each program’s eligibility and apply early. Prepare your documents in advance and explore loans if scholarships don’t cover all expenses. This will help you secure funding for your studies abroad.

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Muskan Jain
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There are several scholarship options for MBA programs abroad, especially in the UK and USA.

UK options:
- Chevening Scholarships: Full tuition, living expenses, and airfare for a one-year master's (subject to change).
- Commonwealth Master's Scholarships: Full tuition, stipend, and airfare for eligible students from Commonwealth countries (subject to change).
- University scholarships: Many universities offer MBA scholarships based on academic merit, such as up to £5,000 for strong undergraduate performance or partial tuition coverage for outstanding candidates (subject to change).

USA options:
- Stanford Reliance Dhirubhai Fellowship: $30,000 - $50,000 for Indian students with financial need (subject to change).
- Harvard Business School India Fellowship: $40,000 for Indian students from lower-income backgrounds (subject to change).
- University fellowships: Many US business schools offer merit- or need-based scholarships and fellowships (subject to change).

Scholarship deadlines, amounts, and eligibility are subject to change. With your Electrical and Electronic Engineering background and UK focus, prioritize major UK government and university-specific scholarships.

For tailored guidance on applications and eligibility, reach out to your LeapScholar counsellor.

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