The best country-wide scholarships for Indian students applying for 2026 intake are:

• Fulbright-Nehru Master’s Fellowship (USA) — full tuition + living ≈ USD 60 k / yr, deadline 14 May 2025 USIEF portal
• Chevening Awards (UK) — full tuition + stipend ≈ £25 k / yr, deadline 5 Nov 2025 Chevening.org
• DAAD EPOS (Germany) — €934 / month + travel + health, deadline 31 Aug 2025 DAAD India
• Vanier CGS (Canada) — CAD 50 k / yr for 3 yrs, deadline 5 Nov 2025 Vanier portal
• Australia Awards (Australia) — full tuition + AUD 30 k stipend, next cycle opens Feb 2026 AusAwards India

These merit- and need-based schemes cover 50–100 % of total cost; deadlines for 2026 intake fall May 2025 — Jan 2026.

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Program-Specific Scholarships

STEM Field Scholarships Given the high demand for STEM graduates globally, specialized scholarships exist for:

• AI/Data Science: Particularly strong in USA and Canada
• Engineering: Germany and Australia lead in opportunities
• Renewable Energy: Nordic countries and Germany
• Biotechnology: USA, UK, and Australia

For students pursuing MS in AI/Data Science programs, specific scholarships like the Schwarzman Scholars and Knight-Hennessy Scholars offer substantial funding.

Students pursuing automotive engineering in Germany or mechanical engineering programs should explore industry-specific scholarships.

Business/Management Scholarships

• MBA Programs: Focus on leadership and impact potential
• Marketing Specializations: Brand management and digital marketing focus