Scholarship for Master’s degree in Nigeria and abroad are funded by Governmental bodies, NGOs, private organizations, etc. The scholarship schemes are meant to support various qualified and suitable graduates who want to obtain Master’s degree.
They are fully or partly funded by organizations with numerous criteria outlined for qualified candidates to adhere to strictly. This scholarship covers several things such as tuition fee, accommodation, and other living expenses. There are certain scholarship that requires students to fulfill some obligation to enable participation. Some of these obligations might be the candidate’s involvement in some research works, projects, seminars, or conferences for a particular organization or Institution at the end of your study year.
Advantages of Scholarship to Students
Scholarship is a means of granting financial aid to students, and it doesn’t require one to make repayment as they are rendered based on merit for a recognized achievement, and these are the benefits:
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1. Monetary Aid
There are cases of students or graduates with debt, and this makes it hard for them to settle their tuition fee. As a result of this, some students have to reduce the hours they have with their school work or education to carry-out per-time jobs to enable them to afford their educational expenses and cost of living. Along the way, some of these students end up dropping out of school due to the inability to further as a student of various disciplines and degrees.
The monetary aid is beneficial to graduates and students with intentions of pursuing their goals to a higher level, Scholarship provides them a more direct and focused vision on their chosen career without fear of repaying student loans or tuition fees. For Master’s degree students, it terminates financial barriers and gives access to furthering education and also creating an easier life.
2. Academic Assistance
This reduces monetary concerns in obtaining the desired degree. Academic assistance is a great way of increasing and promoting higher chances of furthering ones education or postgraduate programs. An Individual on scholarship obtaining assistance as regarding his or her academics will have more time to learn and study for them to obtain good grades.
3. Increased Employability
An Individual who must have obtained scholarship is liable to become more employable when in contact or faced with job opportunities. This is because some employers know how competitive it is to be awarded scholarship, and it is a an achievement for the individual which further shows his or her capabilities. Scholarship can make an individual exceptional when job searching, and also offer that desired career you have always envision.
Disadvantages of Scholarship to Students
Although various scholarship schemes have indeed proven to work out and also rendered assistance to suitable candidates.
1. Minimal Number of seats
The Scholarship scheme is faced with the problem of restrictions in terms of seat numbers. This means that very few students benefit from this scholarship scheme, while others are left alone and unable to further their higher education due to lack of funds or monetary assistance. This implies that not every student gets the opportunity of being sponsored because of this limitation.
2. Partiality/Unfair Judgement
This is another problem student encounter as a result of obtaining scholarship. There are some case that partial treatments or unfair judgment which benefits one over another. For instance, two students might be having equal scores in the same course, and a particular student could be favoured over the other student. As a resilt of this, the other student might feel bad for not being awarded scholarship.
There are some students with an ignorant attitude towards the scholarship programme. It is known that there are times when people take free things for granted, and this implies that it is not fully appreciated. There can be a tendency of the student showing signs of ignorance and giving less attention to studies and learning.
Top 20 Masters Scholarship for Graduate Studies in Nigeria
A comprehensive list that provides the necessary information on the Top 20 Masters Scholarship for Graduate Studies in Nigeria both locally and internationally is presented in this article.
1. AGIP Postgraduate Scholarship
This scholarship is for Nigerian students with a desire to further and obtain a Master’s degree in Nigeria or abroad. The scholarship covers tuition fees, books, accommodation, trip expenses for the one-year course of study. It is compulsory that applicants fulfill all the necessary requirements.
2. Chevening Scholarship
The Scholarship is in association with the United Kingdom Government. Chevening scholarship is funded by the Foreign and Commonwealth Office (FCO) to support students in UK universities. It is for a period of one year, and it covers the duration for a Master’s degree.
3. Commonwealth Scholarship Commission
This organization grants Scholarships to eligible applicants to study for their Master’s program in any institution of their choice. There are also requirements that each candidate must provide and fulfill to ensure a successful application. If you are able to obtain those criteria, then, you will be considered eligible for the scholarship.
4. Federal Government Scholarship Board
The Federal Ministry of Education in Nigeria offers a Bilateral Education Agreement (BEA) scholarship to be awarded to qualified students in Nigeria to further their education for their Master’s level. Therefore, graduate students don’t have to bother about their tuition fee.
5. FINCAD Women in Finance Scholarship
The Scholarship is open to Females from all countries including Nigeria to enroll in a post-graduate program at an accredited university. It is meant to encourage women in the field of Finance. There is no age limitation as women of adult age-grade can apply as long as they are qualified and suitable candidates with the interest in pursuing their education to masters level.
6. Griffith Postgraduate Scholarship
The Scholarship covers 50% tuition fees which will be subtracted from the postgraduate fees for the duration of the program. The country of study is Australia and the name of the school is Griffith University. It is not gender-specific and there are reuirements that applicants need to fulfill as well as the application deadline.
7. Japanese Government Scholarship
The Japanese Government’s Ministry of Education bids on students to apply for scholarships to study courses under Social Sciences, Humanities, economics and business administration, Natural Sciences in Japan. It covers the students’ monthly allowance, tuition fee, flight ticket, and other expenses. It is opened for application to individuals who want to pursue their academic career to masters level.
8. Leventis Foundation/Alba Graduate Business School
The organization provides a program for interested individuals in Nigeria to study in Greece for a Master’s degree. They offers two scholarship opportunities, one is fully-funded and the other is partly funded covering tuition fees and accommodation fees. There are also criteria to meet up by applicants, if they want to be eligible for the scholarship.
9. National Information Technology Development Agency (NITDA)
This agency provides scholarship for candidates that are qualified to obtain a Master’s degree in a Nigerian University. The agency follows a directive of changing the country to an IT-driven nation, the scholarship is also aimed at advancing and encouraging Information and Technology.
10. NDDC Foreign Post Graduate Scholarship
The Scholarship is meant to provide funds for academic staff to gain access to the postgraduate training for a master’s degree in Nigeria or abroad. Several Nigerian students have benefitted from this NDDC foreign post graduate scholarships.
11. NNPC/TOTAL International Master’s Degree Scholarship
The Scholarship provided by these organizations is to award suitable and qualified Nigerian students to study in France for a Masters degree. There are recommended courses to study as well as requirements to meet. Therefore, individual research by the interested candidate should be made to have full knowledge of the scholarship.
12. NUTM Scholars Program 2020 for Nigerian Students
Nigerian University of Technology and Management scholarship program bids for Nigerian students to send in their applications for this scholarship grant. The program is one year interdisciplinary postgraduate program in technology, entrepreneurship, and design which will be studied in Nigeria Universities. It is a full scholarship that is being awarded to all qualified Scholars.
The Scholarship provided by various organizations, institutions, and Joint venture differ in Requirements for candidates to make an application. It is advisable that thorough research is made by interested individuals to ensure they become acquainted with the requirements and have knowledge on the needed information to enable them to make an application for the scholarship of interest and to avoid errors or mistakes.