What are Stanford Scholarship programs? How can it help you get your degree at a low cost?

Many people have the desire to pursue their master’s degree at an esteemed institution like Stanford University, but funding can be a major obstacle. Nonetheless, Stanford is dedicated to providing access to education by offering a range of financial aid opportunities, such as grants, fellowships, and scholarships. Let’s examine the various financial assistance options Stanford University offers for master’s and doctoral degrees, highlighting funds and initiatives that enable students to achieve their academic goals.

Best Scholarship Programs at Stanford

Stanford University is renowned for its academic brilliance as well as its dedication to making sure that worthy students can still receive a top-notch education without being limited by their ability to pay. Numerous financial aid programs are available at the university, such as merit-based, need-based, and specialty fellowships. Let’s examine a few prospects:

1. Knight-Hennessy Scholars Program: Fully funded opportunity for international students

Stanford University’s flagship program, the Knight-Hennessy Scholars Program, provides full funding for graduate study. All nationalities can apply for this esteemed program, which offers financial assistance for up to three years to cover living expenses, tuition, and fees. It seeks to establish an international community of scholars dedicated to working across disciplinary boundaries to address difficult problems.

2. Stanford Interdisciplinary Graduate Fellowships (SIGF): Funds for interdisciplinary research 

Funding is vital for Ph.D. students who are passionate about interdisciplinary research through the SIGF program. This scholarship encourages and supports exceptional students whose research crosses traditional disciplinary boundaries. It helps promote creativity and cooperation throughout academic disciplines.

3. Stanford Graduate Fellowships

Outstanding first-year Ph.D. candidates in a range of subjects gained from Stanford Graduate Fellowships. With complete financing for living expenses and tuition for the first year of study, these fellowships allow students to concentrate on their academic goals and research without worrying about money.

4. Stanford GSE Centennial Teaching Fellowships:

Outstanding master’s students in education can apply for Centennial Teaching Fellowships from Stanford’s Graduate School of Education (GSE). These fellowships offer chances to obtain relevant teaching experience in addition to financial support, thereby developing future leaders in education.

5. Departmental Assistantships and Scholarships

Stanford University offers scholarships, fellowships, and assistantships offered by numerous academic departments. These grants, which encourage students to succeed in their chosen disciplines, are frequently given out in accordance with department-specific requirements, research potential, and academic excellence.

Does Stanford have a need-based financial aid system?

Stanford University is dedicated to providing all admitted students with financial help, regardless of their circumstances, through a comprehensive need-based program. In addition to having a need-blind admissions procedure, almost two-thirds of Stanford students get financial aid. The financial aid program fills the gap between a family’s ability to pay and the entire cost of education by evaluating the financial situation of the family.

Understanding parent contribution
Stanford determines an estimated contribution by reviewing a family’s financial situation using a standardized process. This contribution takes into account living expenditures, assets, taxes, medical bills, and the cost of college for the siblings. Stanford expects both parents to contribute to the student’s educational costs in the event of a divorce or separation.

If you do not have enough savings for college, Stanford can help!
Stanford University is aware that certain families can experience financial difficulties. Stanford does not require a parent contribution from households with assets and a total annual income under $100,000. Although some income, savings, and part-time jobs are required of students, this method makes sure that financial limitations do not prevent access to education and release a huge chunk of the burden.

Does Stanford have fellowships and scholarships for master’s students?

Stanford master’s students have access to a variety of fellowships and scholarships. With the financial support of a fellowship, students can concentrate fully on their studies, free from the burden of teaching or research duties.

GEM Fellowship Program:
For graduate students, the GEM fellowship program, for instance, offers awards ranging from $0 to a maximum one-time $20,000 payment.

A Five-Year Funding Package for Doctorate Students in Financial Assistance:
All Ph.D. candidates accepted to Stanford GSE get a five-year financing package that includes assistantship pay, fellowship stipends, and tuition assistance. When paired with apprenticeships, this package equips students with the necessary skills to succeed as college instructors, researchers, and industry leaders.

Assistantships at Stanford:
Combining Employment and Education: As a component of their academic and career development, students work as assistants, receiving funding for both tuition and benefits. Research assistantships, which are supported by faculty research grants, provide students with the chance to collaborate on publications and investigate dissertation subjects. Students with the necessary skills can also apply for teaching assistantships.

Stanford University’s Types of Aids

Stanford provides different types of financial aid to students such as:

1. University Scholarships

Every university scholarship is given out based on the applicant’s financial need as assessed by the data on the CSS Profile. The amount that Stanford expects you and your parents to contribute toward your tuition and other federal and state grant funding is deducted from the overall student budget in order to establish your eligibility for each specific award. It is not necessary to submit a separate application for any of the designated scholarship grants. International students can apply for fully financed scholarships from Stanford University for the academic year 2024–2025. Masters and Ph.D. programs are eligible to apply for these awards. These scholarships pay for the entire cost of tuition as well as living, travel, and educational expenses.

2. Federal Grants

Stanford Undergraduates are qualified to apply for the Federal Supplemental Education Opportunity Grant and the Federal Pell Grant. Financial need as established by the data on the FAFSA determines eligibility. As the University reviews your financial aid application, it automatically takes into account your eligibility for federal grant monies. An additional application is not necessary.

3. State Grants

The Cal Grant program helps a lot of Stanford’s California citizens. You must submit both the Cal Grant GPA Verification Form and the FAFSA in order to be eligible for the Cal Grant program. If students lacking legal immigrant status are unable to fill out the FAFSA, they ought to submit the California Dream Act Application. At the start of each quarter, Stanford accounts belonging to students receive monies from Cal Grant. 

  • If you are a Cal Grant A recipient, the entire amount of your grant will be directly credited toward your tuition charge.
  •  If you are a Cal Grant B recipient, the tuition portion of your award will be credited toward your tuition charge, and the Access (Subsistence) portion of your award will be credited against any remaining charges on your bill, unless you request direct disbursement of the Access award.

4. Student Employment

One of the best ways to help with your school fees is to work part-time. You have a plethora of options for part-time employment, both on and off campus.

5. External Scholarships 

You can apply for numerous other online scholarships in addition to Stanford. However, keep in mind that your eligibility for need-based scholarships would be limited if you earn a Stanford scholarship and additional outside funding totaling more than your student responsibility.

  • DOE Computational Science Graduate Fellowship: The DOE Computational Science Graduate Fellowship is a prestigious program designed to assist students pursuing doctoral degrees in fields that utilize high-performance computing to tackle complex science and engineering challenges. The fellowship offers comprehensive support, including full tuition coverage, a substantial stipend of $45,000, and an annual professional development allowance of $1,000.
  • Environmental Protection Agency – NCER’s STAR Program: The STAR program by the Environmental Protection Agency (EPA) provides research grants and graduate fellowships in environmental science and engineering disciplines. For graduate fellows, the program covers tuition expenses up to $12,000, offers a generous stipend of $25,000 and includes a $5,000 allowance to support their academic and research endeavors.
  • Hertz Foundation Fellowship: The Hertz Fellowship is a distinguished program offering financial and fellowship support to exceptional Ph.D. students specializing in physical, biological, and engineering sciences. The fellowship provides two options: the first includes full tuition support and a stipend of $38,000, while the second offers coordinated tuition support, a stipend of $44,000 for the first two years, and a supplemental Hertz stipend of $9,000 for the subsequent three years.
  • NASA Space Technology Research Fellowships: NASA’s Space Technology Research Fellowships are aimed at supporting innovative space technology research conducted at accredited U.S. universities. The fellowship offers a substantial maximum annual award of $80,000, providing the necessary resources for fellows to engage in cutting-edge research that advances space technology.
  • National Defense Science and Engineering Graduate (NDSEG) Fellowship: The NDSEG Fellowship is a prestigious award granted to U.S. citizens pursuing a doctoral degree in supported disciplines. The fellowship covers full tuition, provides an annual stipend of $40,800, and includes an institutional medical allowance of $1,400, ensuring comprehensive support for recipients to pursue advanced studies in critical fields.
  • National Science Foundation Graduate Research Fellowship Program (GRFP): The GRFP is a highly competitive program that supports outstanding graduate students pursuing research-based master’s and doctoral degrees in science and engineering. Recipients of the GRFP receive tuition coverage up to $12,000 and a generous stipend of $37,000, facilitating their academic and research pursuits at the forefront of scientific exploration.

6. Loans 

Even if working part-time can help you save a lot of money, you should still apply for student education loans. Additionally, some students use their eligibility for federal student loans to help their parents with their expected payment. Among the loan schemes are:

  • Federal Direct Loans.
  • Federal Direct PLUS Credits

7. Financial Assistance for International Students 

It needs to be mentioned that Stanford offers a restricted quantity of financial assistance to students from other countries. International applicants must make this clear on their admissions application if they are seeking scholarships. Worldwide Depending on the financial situation of their family, approved candidates who qualify for aid will get funding from the college. During their undergraduate studies at Stanford, international students who fail to request scholarship aid at the time of admission or neglect to do so will not be able to apply for aid.

However, you may also be considered for need-based scholarship monies beginning in the quarter in which your citizenship status changes if it does so after you are admitted and you are qualified for federal student aid.

International students must get an Individual Taxpayer Identification Number (ITIN) or Social Security number (SSN) in order to be eligible for university grant monies. It is not necessary to provide the SSN or ITIN in order to apply for financial aid.

Among the well-liked external scholarships are the following:

  • JN Tata Endowment grant: To be eligible for this grant, which is for master’s programs, one must have For this, the applicant must have at least 60% in UG and be an Indian student.
  • Aga Khan Foundation Scholarship: This scholarship is preferred for master’s level degrees and is also valid for master’s programs. To be awarded, a person must be a citizen of an eligible nation under the AKF.
  • KC Mahindra Trust Scholarship: Indian students who have completed more than 65% of their UG coursework are eligible for this scholarship, which is available to master programs.
  • OPEC Fund for International Development Scholarship: This scholarship is available to students from developing nations like India and covers both partial and full living expenses in addition to academic fees for both bachelor’s and master’s degrees.
  • Fulbright Scholarship: This scholarship is available to international students enrolling in qualified academic programs for master’s and research degrees.


In summary, Stanford University’s financial assistance policy demonstrates the institution’s commitment to developing a talented and diverse student body. The goal of the university’s need-based financial aid program is to close the gap between the total cost of education and the financial situation of students and their families. Stanford maintains an equitable and thorough review process by using a standardized procedure to evaluate the financial status of families. Stanford works to ensure that worthy students can access its top-notch education, whether through scholarships, grants, or other means. This supports the university’s purpose to support the development of bright minds and future leaders.

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