If you missed the scholarship deadline or your scholarship application has been rejected the first time, don’t worry, there’s always another chance. This statement is true if you are applying for annual scholarships.
Offered yearly, most annual scholarship programs are well-funded scholarships meaning they have enough funds to sustain the program for a long time and they have ample number of scholarship available. Thus, it is wise to take note of annual scholarship programs.
Popular scholarship programs such as Fulbright Scholarships, Commonwealth Scholarships, DAAD Scholarships, Erasmus Mundus Scholarships, and Australian Development Scholarships are examples of annual scholarship programs but there are a lot more. See the full list of annual scholarships.
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It might seem to make sense to apply to every scholarship you find but consider our advice apply only to a few scholarships. This will not only save you time and effort but also increase your chances in getting a scholarship.
Try following the Pareto Principle or the 80/20 Rule. If you apply this principle in scholarship applications, you should only apply to 20% of available scholarships that would give you 80% chance of success.
Here is an example.
You are a Nigerian looking for a scholarship in Masters in Development Studies in Germany. After your search, you were able to find 10 scholarships that are available for Africans for study in Germany.
Following the advice above, you will try to focus on applying to 2-3 scholarships that gives you higher chances of success. The question now is, how do you pick the scholarships you should apply to?
The U.S. Council of Graduate Schools’ statistics show admissions to Indian post-graduate students are up 25 per cent for 2013-14 from the previous year, compared to a 9 per cent increase for all countries. Post-graduate students from India are increasingly choosing to study abroad. While at the same time numbers for China showed no increase compared to last year. The USA is by far India’s most popular destination; other countries such as Germany, Canada and the U.K. are also seeing significant increases from India.