What scholarships and loan coverage can I expect for a master's program at Griffith University?
Yes, Griffith University offers a 20% International Academic Merit Scholarship automatically and a competitive 50% Vice Chancellor's Scholarship. Indian bank loans, such as SBI's Global Ed-Vantage, can cover up to 3 crore rupees, with up to 50 lakh available collateral-free.
You can reduce your Griffith University master's cost significantly through automatic and competitive scholarships, then fund the remainder through an Indian education loan sized to your reduced tuition.
Griffith University Scholarship Options
| Scholarship | Benefit | Eligibility |
|---|---|---|
| International Academic Merit Scholarship | 20% tuition reduction for the whole degree | GPA equivalent of 4.5 out of 7 or higher, assessed automatically |
| Vice Chancellor's International Scholarship | 50% tuition reduction for the whole degree | GPA equivalent of 6.0 out of 7 or higher, separate application required |
Indian Education Loan Coverage
- SBI Global Ed-Vantage: Covers up to 3 crore rupees, with up to 50 lakh available collateral-free at select institutions.
- Repayment: Up to 15 years, with a moratorium during the course plus 6 months.
- Coverage: Tuition, hostel fees, travel, books, equipment and eligible project or thesis expenses.
My Advice
Do not borrow the maximum loan amount just because you qualify for it. Apply for the 20% scholarship automatically through your admission, then submit a separate Vice Chancellor's application if your GPA equivalent clears 6.0, since a smaller loan means a lighter EMI once you graduate.
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