15 Best Scholarships for Master’s Degree in Australia in 2024

Pursuing your education with a masters scholarship in Australia can be a wise investment for career growth and life enrichment. However, the costs of postgraduate study in Australia for international students can range from AU$30,000 to AU$60,000 per year, creating a financial barrier. But what if you could eliminate or reduce those heavy costs? Sounds too good to be true, right?

Wrong. There are numerous scholarships for master’s degree in Australia, both locally funded and geared for internationals, that make achieving a masters scholarship in Australia cost-effective and within reach. We’ve uncovered some of the most generous, practical scholarships for master’s degree in Australia that could fully or partially support your postgraduate aspirations down under. In this guide, we spill all the details on the 15 best scholarships for master’s degree in Australia in 2024:

Best Scholarships for Master’s Degree in Australia

Now, without further ado, let’s dive into our selected list of the top scholarships for master’s degree in Australia in 2024. Let’s explore the details of these scholarships to study in Australia:

1. The University of Sydney International Scholarship

Award Amount: Covers full tuition fees and travel allowance up to AU$5,000

Provider/Offered By: The University of Sydney

Offered In Country: Australia

Eligibility: International students from China, India, Indonesia etc.; have an eligible master’s degree offer; display academic achievement and financial need

Deadline: For research period 1,2 it is September 2024, For research period 3,4 it is December 2024

Scooping up The University of Sydney International Scholarship means scoring a free ride for your entire master’s degree down under! As Australia’s first university, you know the University of Sydney sets a high bar for academic excellence. So, only top international scholars gain full tuition coverage plus a travel stipend of up to AU$5,000 by this masters scholarships in Australia.

2. Australia Awards Scholarships

Award Amount: All tuition costs, return air travel, allowance for living etc.

Provider: Department of Foreign Affairs and Trade

Offered In Country: Australia

Eligibility: Be an international student from selected countries; have at least 2 years work experience in relevant field; agree to return to home country after study completion

Deadline: May 2024

Capturing an Australia Awards Scholarship is like winning the lottery for your Australian postgrad degree! Get all tuition costs, flights home and living expenses paid while you gain a top-notch education. Applicants from developing countries get priority as part of Australia’s aid program. But the chance to return home equipped with new skills makes competition stiff worldwide with these masters scholarships in Australia and to get a world class education while studying at top universities in Australia.

3. Melbourne Research Scholarships

Award Amount: Covers tuition fees, health insurance costs

Provider: The University of Melbourne

Offered in Country: Australia

Eligibility: Have an eligible research-based master’s offer; demonstrate academic achievement

Deadline: October 2024

If you excel at research, then Melbourne University wants to fund your postgraduate degree! Their coveted Melbourne Research Scholarship offers full tuition and health insurance costs. With a price tag of AU$80,000, scoring this award lets you focus on academic achievements without money stress. Applicants with publications under their belt do well if you opt for this masters scholarships in Australia.

4. Endeavour Postgraduate Scholarship

Award Amount: Up to AU$276,480

Provider: Australian Government

Offered in Country: Australia

Eligibility: International students from Asian countries; display high academic achievement

Deadline: November 2024

The Endeavour Scholarship serves up a sweet deal for Asian students to score their postgrad education in Australia without money pains. We’re talking over a quarter million bucks provided by the Australian government! Flaunt exceptional undergrad grades and English language skills to stand out. STEM field researchers tend to be top contenders.

5. Adelaide Scholarships International

Award Amount: Covers tuition fees and living expenses

Provider: University of Adelaide

Offered in Country: Australia

Eligibility: Have an eligible master’s degree offer; demonstrate financial disadvantage

Deadline: June 2024

Adelaide University dishes out free rides to talented as well as a whole group of international students via their Adelaide Scholarships International. If you can nail the application essay on using postgrad study for social impact, you’ve got a great shot. Past scholars in development studies and social sciences inspire change due to this scholarship for master’s degree in Australia.

6. University of Queensland Research Scholarship

Award Amount: AU$28,597 per year plus tuition fees

Provider: University of Queensland

Offered in Country: Australia

Eligibility: Have an eligible research master’s offer at UQ; outstanding academic record

Deadline: October 2024

Budding researchers should chase the University of Queensland’s bountiful scholarships and score over AUD 28K in yearly stipends! It helps you in adding paid tuition fees for your master’s. Outperform peers with publications and presentations already under your belt. Sci-tech and engineering wizard students have an extra edge at this top Australian university with this amazing scholarship for master’s degree in Australia.