Scholarships for Master’s Degrees

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CAN YOU GET SCHOLARSHIPS FOR MASTERS DEGREE?

If you are heading to grad school, there are a wide range of master’s scholarships available. Scholarships for masters degrees may help you go to graduate school for free. They could offset other expenses such as the cost of researching for your thesis.

Financial aid for graduate school is different than it is for an undergrad degree. Federal financial aid is available to grad students in the form of work study and loans. Pell Grants are only for undergraduates. As such, finding a master’s degree scholarship may make the most financial sense.

Unlike federal loans, graduate school scholarships are money you get. But don’t have to pay back. As long as you abide by the terms and conditions.

Is it hard to get scholarships for graduate school?

Grad school scholarships come with their own criteria for eligibility. Getting a scholarship that helps pay for your master’s degree may require:

  • Merit (E.g. academic talents, athletic ability, creativity)
  • Financial need
  • Desire to study a specific topic (E.g. Oncology Nursing, Architecture, Project Management, etc.)
  • Intention to research in a chosen area (E.g. Archaeological Research)
  • Demonstrated qualities (E.g. Leadership or Public Service)

Some scholarships for master’s degrees are also open to undergrads. So, you’ll be up against both sets of students who are competing for the awards.

One example is the Davis-Putter Scholarship. Scholarships from the Davis-Putter Scholarship Fund pay $15,000. The grants help students who are active in movements for social and economic justice.

You’ll also find master’s degree scholarships that may fund grad students who are women or minorities. The Holly A. Cornell Scholarship is one example. This $7,500 award is from the American Water Works Society. It goes to talented female and/or minority students. The recipient needs to be pursuing a degree and research in the field of water supply and treatment.

Another example is the Jonathon Lax Scholarship Fund for Gay Men. These tuition scholarships come in amounts of $5,000 or $10,000. They are set aside to help gay men who live in the five-county Philadelphia region obtain more education.

There are also scholarships for graduate students in specific fields of study. One example is the Frederic G. MELCHER Scholarship. Two candidates receive $7,500 each.

To apply, you need to be a student pursuing a Master’s in Library Science (MLS) degree. And plan to work in children’s librarianship.

The American Speech-Language-Hearing Foundation offers a similar type of scholarship. Their awards are $5,000. They go to grad students in communication science and disorders.

WHAT BENEFITS ARE THERE TO PURSUING MASTERS SCHOLARSHIPS?

As a graduate student, getting a master’s degree scholarship may come with many benefits. For one, the money might cover tuition, books, living expenses and research.

This may free you up to focus on completing your master’s degree. Without having to take out loans or get a job to pay for your classes.

You may also reap rewards of attaining a master’s degree when you graduate. Employment in master’s-level occupations is on the rise by almost 17 percent from 2016 to 2026. That’s the fastest of any education level.

This may explain why in the 2017-18 period alone, 775,000 students earned a master’s degree. Yet many students weigh the cost of pursuing a master’s degree with the cost of attaining it.

For sure, the average costs of graduate tuition and required fees has been climbing. What does graduate school cost? The National Center for Education Statistics has been tracking this data.

On average, the tuition and fees associated with pursuing a master’s degree are:

  • Private institution: $20,368
  • Public institution: $8,763
  • Average overall: $14,537

It is no surprise that recently, 70.4% of graduate students received some type of financial aid. Almost half of these students (43.8 %) took out loans. Take away? if you are trying to go to graduate school for free, securing a scholarship or grant may be ideal.

LIST OF MASTER’S DEGREE SCHOLARSHIPS

Check out our list of scholarships for masters degrees. There are 1,277 awards worth $8M.

ScholarshipPoints $1,000 Scholarship

This $1,000 scholarship drawing is open to legal residents of the United States. Students must plan to attend college at least half time during the academic year.

Total: $36000

Awards: 36

Deadline: June 30, 2021

Davis Property Management Scholarship

Davis Property Management offers $2,500 in scholarships in 2021. Applicants write an essay on real estate and there are three winners: 1st place winner receives $1,500, 2nd place $500 and 3rd place $250.

Total: $2250

Awards: 3

Deadline: June 30, 2021

Payroll Vault Franchise Scholarship

Do you have an entrepreneurial spirit? Are you interested in owning your business? Applicants can apply to win their own and operate a software-based payroll services business. All college seniors, graduate students, and or parents are welcomed to apply. Those with business, marketing and entrepreneurship coursework and experience are preferred.

Total: $40000

Awards: 1

Deadline: June 30, 2021

Do-Over Scholarship

This award is open to all U.S. students who are 14 and older and who are currently enrolled (or enroll no later than fall of 2026) in an accredited postsecondary institution of higher education. One scholarship winner will receive a $1,500 scholarship.

Total: $1500

Awards: 1

Deadline: June 30, 2021

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Total: $500

Awards: 1

Deadline: June 30, 2021

EducationDynamics $10,000 Minority First Generation Scholarship Contest

This scholarship is open to all minority applicants who are the first in their families to go to college, are at least 17 years of age and are pursuing an associate’s or bachelor’s degree at an accredited post-secondary institution of higher learning or a certificate program. Learn more and apply today!

Total: $10000

Awards: 1

Deadline: June 30, 2021

The City That Works Scholarship

The City That Works Scholarship is open to any current high school senior, college student or graduate student who is a legal resident of the United States and resides in one of the 50 states or the District of Columbia. The applicant must also be enrolled and/or accepted in a two to five-year college or university for the Fall 2021 school year.

Total: $1000

Awards: 1

Deadline: June 30, 2021

Nitro College Graduate Scholarship

Nitro cares about providing graduate students the resources needed to successfully navigate financing graduate school. That’s why they are offering the opportunity for graduate students to earn a $2,000 scholarship.

Total: $24000

Awards: 12

Deadline: June 30, 2021

Scholarships360 No Essay Scholarship

The Scholarships360 “No Essay” Scholarship is open to all students. That means this scholarship is open to high school students, college students, community college students, transfers students, and graduate students.

Total: $500

Awards: 1

Deadline: June 30, 2021

2021 Car Accident Scholarship

The scholarship is open to any current high school senior, college student, or graduate student who is a legal resident of the United States. International students in the United States may also apply.

Total: $1000

Awards: 1

Deadline: June 30, 2021

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