25 Best Scholarships for Online Masters Programs

Earning a master’s degree is important for many professionals looking to advance their careers. However, the cost of graduate school can be prohibitive for some students. Fortunately, numerous scholarships are available specifically for students pursuing their master’s degree online.School News Portal

These scholarships help make earning an advanced degree more affordable and accessible. Various organisations offer them, from professional associations to private companies and nonprofits. The award amounts also vary, from several hundred to several thousand dollars.

This article will highlight 25 great scholarships for online master’s students. They encompass various fields and disciplines, from STEM and healthcare to business and humanities. Many are open to students in any online master’s program, while others are specific to a certain concentration or demographic.

Reviewing these scholarship opportunities can help online learners find funding to offset the costs of tuition, fees, books, and other expenses. With careful searching and applying, graduate students can reduce the financial burden of earning their degree.

25 Best Scholarships for Online Masters Programs

1. GoGrad STEM Scholarships

GoGrad is an online resource that helps students find the right online graduate program and admission process. The site offers several STEM-specific scholarships for graduate students pursuing science, technology, engineering and math degrees.

Their scholarships include awards for women and minorities, as well as general STEM master’s students. The amounts range from $1,000 to $10,000. Applicants must be accepted or enrolled in an online graduate degree program.

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2. AAUW Career Development Grants

The American Association of University Women provides Career Development Grants to women who hold a bachelor’s degree and are pursuing a master’s degree, looking to re-enter the workforce, or seeking to advance their careers. Grants are open to women studying in the U.S. or outside the country.Scholarships for Online Masters Programs

Grants support coursework, research, and development projects that enhance career options. Award amounts range from $2,000 to $12,000.

3. SR Education Group Graduate Scholarships

SR Education Group offers six $5,000 scholarships yearly for graduate students enrolled in an online degree program. Applicants must have a 3.0 GPA and submit a short response essay.

These scholarships are open to graduate students in any discipline pursuing their master’s degree online from an accredited U.S. university.

Read Also: TAMU President’s Endowed Scholarship Requirements

4. GradSchoolHub.com Future of STEM Scholarship

The GradSchoolHub.com Future of STEM Scholarship awards $1,000 to a graduate student enrolled in an online master’s degree program in a STEM field. Eligible programs include engineering, math, technology, and natural or physical sciences.

Applicants must have a 3.0 GPA and submit a 500-700 word essay on their STEM degree and career goals. The scholarship aims to support promising students in STEM fields.

5. eQuality Scholarship

The eQuality Scholarship Collaborative provides scholarships for lesbian, gay, bisexual, transgender and allied students pursuing a healthcare degree. This includes students enrolled in an online master’s degree program in health, healthcare administration, nursing, pharmacy, medicine, and related fields.

Scholarships range from $1,000 to $5,000. Applicants must live in California and demonstrate leadership and advocacy for the LGBTQ+ community.

6. Distance Learner Merit-Based MBA Scholarship

This scholarship, offered through the University of North Carolina at Chapel Hill, supports outstanding students in their online MBA@ program. Applicants must currently be enrolled or accepted into the MBA@ program.

Awards are up to $5,000 per recipient. Students are selected based on strong academic achievement, leadership, community involvement, and other merits.

7. AICP Scholarship Program

The Association of Insurance Compliance Professionals Foundation provides several scholarships for graduate students based on merit and financial need. Applicants must pursue a degree related to the insurance industry, such as risk management, business, or finance.

Both part-time and full-time students enrolled in online or traditional programs can apply. The awards typically range from $2,500 to $5,000.

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8. Frank L. Greathouse Government Accounting Scholarship

The National Association of State Boards of Accountancy administers this scholarship. It provides financial assistance to graduate students pursuing a master’s degree in accounting or finance. Applicants must demonstrate an interest in governmental accounting.

The $5,000 scholarship supports full-time students attending online or in-person programs. Undergraduate accounting majors planning to enrol in a master’s program are also eligible.

9. Bemidji State University Online Scholarships

Bemidji State University offers several competitive scholarships for students enrolled in their online master’s degree programs. These range from $500 to $3,000 in awards.

Eligible programs cover fields like industrial technology, computer science, special education, English, nursing, and management. Students must apply and be accepted to BSU’s Graduate Studies.

10. 2U STEM Scholarship

2U partners with universities to offer online graduate degree programs in engineering, computer science, and data analytics. Their STEM scholarship provides $5,000 awards to exceptional female students enrolled in one of 2U’s STEM master’s programs.

Applicants must have a 3.5 GPA and demonstrate financial need. The goal is to support women in pursuing STEM graduate degrees.

11. Society of Women Engineers Scholarship

The Society of Women Engineers awards over $750,000 in scholarships annually, including awards for graduate students. Applicants must identify as female and pursue a graduate degree in engineering, engineering technology, or computer science.

Both online and on-campus students can apply. Awards typically range from $1,500 to $15,000. Applications involve essays, recommendations, transcripts, and resumes.

Read Also: TAMU Track and Field Requirements

12. Golden Key International Honour Society Graduate Scholar Award

Golden Key International Honour Society members pursuing a master’s degree can apply for a $10,000 Graduate Scholar Award. Applicants must have a 3.8 GPA and demonstrate academic excellence, leadership, service, and financial need.

The award supports both full-time and part-time graduate students, including those earning their master’s degree online. Membership in Golden Key is by invitation to top-performing undergraduates.

13. Niche Graduate Student Scholarship

Niche offers a monthly scholarship drawing for graduate students who are legal residents of the U.S. or international student with valid student visas. Applicants complete a short form with basic contact information.

One winner is awarded a $2,000 monthly scholarship, which can be applied toward online or on-campus graduate programs in any field of study. Students can enter each monthly drawing.

14. MyDegreeGuide.com Master’s Degree Scholarship

MyDegreeGuide.com provides rankings, guides, and other resources related to online colleges and degrees. Their $1,500 scholarship is awarded to students currently enrolled in an online master’s degree program at an accredited U.S. university.

Applicants must submit a 500-word essay on their motivations for earning their master’s degree online. One winner is chosen quarterly.

15. AFCEA Educational Foundation Scholarships

The AFCEA Educational Foundation provides merit-based scholarships to graduate students pursuing degrees related to national security, homeland security, intelligence, cybersecurity, and other relevant fields. Applicants must be U.S. citizens and can be enrolled in online or on-campus programs.

Awards range from $2,000 to $4,000. Eligible master’s degrees include computer engineering, IT, public policy, economics, and more. Past academic performance, leadership skills, and financial need are considered.

Read Also: TAMU Full-Time Student Requirements

16. ALA Scholarship Program

The American Library Association oversees various scholarships for master’s students pursuing library science degrees and careers. Applicants must be accepted or enrolled in an ALA-accredited program, including online master’s degrees.

Scholarships range from $1,500 to $7,000 with applicants evaluated on academic achievement, financial need, letters of recommendation, and an essay. Some awards are aimed at members of minority groups.

17. AfterCollege Succurro Scholarship

AfterCollege offers a $2,500 semi-annual scholarship open to all graduate students currently enrolled at an accredited college or university. Applicants must be pursuing nursing and health science degrees, including relevant online master’s programs.

Students must complete a short online form explaining their career goals to apply. One winner is chosen every 6 months, and funds are sent directly to the student.

18. LITA/OCLC Minority Scholarship in Library and Information Technology

Sponsored by LITA (Library and Information Technology Association) and OCLC, this $3,000 scholarship supports minority students pursuing a master’s degree in library and information technology. Applicants must be members of a minority ethnic or cultural group.

Both online and on-campus students can apply. The scholarship aims to increase diversity in library IT fields through financial assistance to promising minority master’s students.

19. Dorothy and Robert DeBolt Scholarship

Through the Association on Higher Education and Disability, students with disabilities can apply for this scholarship toward their master’s degree. Applicants must have a documented disability and be enrolled in an accredited U.S. higher education institution.

Students pursuing their master’s degree online or on-campus are eligible. The award amount is $2,000 per year, up to 2 years. Applications require transcripts, essays, and recommendations.

20. ACHE Albert W. Dent Graduate Student Scholarship

The American College of Healthcare Executives awards this scholarship. It provides $5,000 in financial assistance to minority students pursuing a master’s degree in healthcare management or administration. Applicants must be minorities interested in healthcare leadership careers.

Both on-campus and online graduate students can apply. Applications are judged on academic performance, honors, leadership experience, letters of recommendation, and an essay.

21. IES Abroad David Porter Need-Based Diversity Scholarship

The Institute for the International Education of Students (IES Abroad) offers this scholarship to minority and diverse graduate students. Applicants must pursue a master’s degree with an international focus at an accredited U.S. institution, including online programs.

This need-based scholarship provides up to $5,000 in financial assistance toward degree-related costs. Applications require transcripts, financial information, and letters of recommendation.

22. Cognizant Making the Future Scholarship

Cognizant’s $5,000 Making the Future Scholarship supports graduate students earning a master’s degree in technology, including computer science, information technology, engineering, data science, and related majors. Applicants must be enrolled full-time.

Both online and on-campus students can apply. Key factors include academic performance, leadership skills, and diversity of background and thought.

23. The Hispanic Scholarship Fund

The HSF Scholarship is open to Hispanic graduate students pursuing any master’s degree at a U.S.-accredited institution. Awards range from $500 to $5,000 based on relative financial need, among other criteria.

Students must have a 3.0 GPA, demonstrate commitment to the Hispanic community, and complete at least 15 graduate credit hours. The scholarship can be applied toward online or on-campus programs.

24. International Scholarships for Online Students

International students pursuing a master’s degree through online programs at U.S. universities face higher tuition costs. Scholarships like the International Students Scholarship help provide financial assistance.

Awards vary but can cover up to 25% of tuition. Eligible students must be enrolled full-time in an online master’s program at an accredited U.S. institution. A 3.0 GPA and an essay are required.

25. WGU Sage Scholarship

Western Governors University offers the Sage Scholarship for new students enrolled in one of their online master’s degree programs. This need-based award provides up to $4,000 toward WGU tuition costs.

To qualify, applicants must demonstrate financial hardship and be unable to pay for their education without assistance. Current and prospective WGU students can apply by completing the required essay, video, and application form.

Read Also: TAMU Full-Time Student Requirements


Pursuing a master’s degree is a major investment of time, effort, and money. These 25 scholarships for online graduate students can help reduce the financial burden through awards ranging from $500 to $15,000. They come from diverse sources, including professional organizations, private companies, nonprofits, and universities.

While application requirements vary, most involve submitting transcripts, letters of recommendation, essays explaining career goals, and proof of community service or leadership skills. Competition can be stiff for some top awards. But with diligent searching and applying, online master’s students can uncover funding to offset their educational costs.

The key is finding scholarships that best fit your situation regarding field of study, demographic criteria, and award amount. This list offers a starting point to explore financial aid options for your online graduate degree. With creativity and persistence, graduate school can become more affordable through scholarships.

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