One of the most popular destinations for studying a Master’s degree, Australia is known for its world-class research facilities, globally ranked universities, and a warm multicultural environment. The country promises an enriching academic experience. While studying a Master’s in Australia can be expensive, there are numerous scholarship options available to reduce the costs.
Why Choose Australia for Your Master’s?
Before we explore the various scholarship options available, let us first review what makes Australia a preferred destination for higher education. The most crucial aspects are:
- Globally recognized institutions: Seven Australian universities are among the world’s top 100 (QS 2025 Rankings).
- Research excellence: Australian universities are well-known for conducting cutting-edge research in STEM, business, health, and the environment.
- Cultural diversity: A safe, inclusive community that provides excellent support for overseas students.
- Post-study employment rights: Australia provides substantial post-study employment permits (up to five years for Master’s degrees in certain fields).
Financial Considerations
Studying in Australia can cost between AUD 20,000 and AUD 50,000 per year, depending on the course and university. Additional living expenses (accommodation, transport, insurance) can average around AUD 15,000 to 27,000/year.
Scholarships significantly reduce this burden by covering the costs of tuition fees, insurance, research expenses, living costs, and even airfare.
Top Scholarships for Master’s in Australia in 2025
Below is a list of the most popular scholarships available for international students studying master’s degrees in Australia:
| Scholarship | Benefits | Eligibility |
| Australia Awards Scholarships (DFAT) | Covers full tuition, return airfare, living allowance, OSHC, research fieldwork | Available for citizens of eligible developing countries, strong academics, and work experience (varies by country) |
| Research Training Program (RTP) | Covers full tuition fee + stipend (AUD 33,500–52,000/year); research support | Enrolled in Master’s by Research; academic merit; offered through universities |
| Destination Australia Program | AUD 15,000/year to support regional campus study | Domestic & international students enrolled in eligible regional universities |
| University of Melbourne Graduate Research Scholarship | 100% tuition fee, up to AUD 38,500/year living expenses, relocation grants up to AUD 3000 & OSHC | High academic merit; enrolled in Master’s by Research at UoM |
| Monash University Scholarships | Merit-based awards that can cover a significant portion or even full tuition. | Monash offers various scholarships for international students studying Law, Medicine and Engineering disciplines. |
| Macquarie University Early Acceptance Award | AUD 10,000/year reduction in tuition fee | Indian UG/PG students who have accepted the offer |
| Commonwealth Teaching Scholarship | Up to AUD 20,000 in funding for education-focused Master’s programs | Enrolled in postgraduate teacher education; Australian citizens/permanent residents |
Please note: For detailed up to date information, visit the official scholarship pages. The scholarship criteria and benefits are subject to change.
General Eligibility Criteria
Eligibility is Key when it comes to scholarships. While particular qualifications differ by program or grant, the majority of Master’s-level scholarships in Australia require:
- Academic merit – A strong undergraduate degree, typically with a GPA of 6.5 – 7.0 on 10.
- English language proficiency: IELTS, TOEFL, or PTE scores that meet the university’s minimum requirements.
- Nationality – Some scholarships are country-specific (such as the Australia Awards).
- Work or research experience – For programs such as Australia Awards or RTP, job experience or a strong research proposal is frequently required.
Please note: Leadership or Community Impact is especially crucial for government-funded programs such as the Australia Awards.
How to Apply for Scholarships in Australia
Here are simple steps to explore relevant scholarships in the country and ace the application process:
- Research and shortlist: Explore government, university, and regional scholarships that match your nationality, academic background, and career goals. Refer to trusted sources like Study Australia, DFAT, and official university websites.
- Secure admission: Apply to your chosen Master’s program at an Australian university. Some scholarships require an unconditional or conditional offer before you can apply.
- Prepare documentation: Gather essential documents such as academic transcripts, English language test scores (IELTS/TOEFL/PTE), resume, statement of purpose, letters of recommendation, and any required research proposals or work experience certificates.
- Submit scholarship applications: Apply for qualified scholarships directly through the government portal (such as OASIS for Australia Awards) or university portals. Ensure that all forms, supporting documentation, and deadlines are completed. Some scholarships are automatically considered when you apply to the course.
- Wait for a response: Scholarship organisations and institutions will contact successful applicants via email or their application portal within the specified time frames. Keep an eye on your mailbox and be prepared to provide any necessary follow-up documentation.
Explore Master’s Programs in Australia
Discover a diverse range of Master’s programs from leading Australian universities, whether you’re interested in research, innovation, or career-ready coursework.
Conclusion
Opting to pursue a master’s in Australia can be a life-changing opportunity. With the right scholarship, it can also become financially viable. Whether you plan to explore research excellence or are looking for subject-specific funding, there is no dearth of options when it comes to scholarships in Australia. Start early, research thoroughly, and tailor your application to stand out.
Ready to take the first step? Get in touch with our consultants today!
