A Master’s in Engineering comes with an expensive tag, leading to significant student debt and making financial decisions challenging. The good news is that numerous Scholarships cover the entire cost or a substantial portion of degree expenses. Scholarships include merit-based scholarships that reward academic excellence, while need-based options assist students facing financial hardship. Industry-sponsored scholarships support specialized fields, and research grants fund innovative projects. Some Scholarships focus on diversity, encouraging underrepresented groups to enter engineering fields. Professional associations and government programs also provide funding opportunities. Applying early, maintaining strong academic performance, and meeting eligibility criteria improve the chances of securing financial aid. With careful planning and thorough research, scholarships for masters engineering degrees can substantially reduce tuition costs and ease the financial burden of earning an advanced degree.
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The Best Scholarships for Masters Engineering Degrees
This guide presents the best scholarships for master’s in engineering, offering valuable funding opportunities for graduate students. Each scholarship provides distinct benefits, eligibility requirements, and application guidelines. Understanding these options allows applicants to seek financial assistance strategically, minimizing tuition expenses. Exploring these scholarships helps identify the best fit based on academic excellence, research interests, and financial need. Many programs support specialization in various engineering fields, fostering innovation and career advancement. Securing funding through these competitive opportunities strengthens the path toward professional success while reducing financial barriers to higher education. Students from various online engineering degree programs can apply for scholarships aligning with their interests and career goals. These scholarships are available across different categories. Some typical categories are:
- Mechanical Engineering
- Electrical Engineering
- Engineering Management
- Chemical Engineering
- Civil Engineering
- Industrial Engineering
- Computer Engineering
- Software Engineering & Network Engineering
- Biomedical Engineering
- Aerospace Engineering
Scholarships for Masters Engineering Degrees- Category wise
Funding a master’s in engineering can be more accessible through specialized scholarships tailored to different fields. Various organizations offer financial support based on academic achievements, research focus, and career aspirations. Scholarships are categorized to align with distinct engineering disciplines. Here are some of the scholarships for masters engineering degrees in different categories:
Mechanical Engineering
| Scholarship | Description | Application Deadline | Award/Amount |
|---|---|---|---|
| ASME High School Scholarships | The ASME High School Scholarships support graduating seniors pursuing mechanical or mechanical engineering technology degrees. Applicants must enroll full-time in an ABET-accredited or substantially equivalent program immediately after high school. These non-renewable awards assist students in their first year of study. ASME also provides informational webinars, application guidance, and funding resources. Scholarship checks are sent directly to institutions for educational expenses. ASME’s commitment to engineering education helps students transition into higher education with financial support and career development opportunities. | March 15 | $1000-$5000 |
| The American Society of Mechanical Engineers Scholarships | The American Society of Mechanical Engineers (ASME) Scholarships provide financial support for students pursuing mechanical engineering or mechanical engineering technology degrees at the undergraduate and graduate levels. Open to high school seniors, associate, bachelor’s, and graduate students, these scholarships require ASME membership and full-time enrollment. A single application applies to multiple scholarships, with annual reapplication required. Eligible programs must be ABET-accredited or hold regional/national accreditation. ASME also offers informational webinars and Q&A sessions to assist applicants. These scholarships help aspiring engineers reduce financial burdens and advance their education in mechanical engineering disciplines. | Varies | Varies |
Electrical Engineering
| Scholarship | Description | Application Deadline | Award/Amount |
|---|---|---|---|
| IEEE PES Scholarship Plus Initiative | The IEEE PES Scholarship Plus Initiative supports undergraduate students pursuing power and energy engineering careers through financial assistance and real-world experience. Expanding in 2025, it now includes disciplines like electrical, mechanical, civil, and environmental engineering, renewable energy, and data analytics, fostering innovation in sustainable power solutions. | Varies | Up to $10,000 |
| Brown and Caldwell Scholarships for Women | The Brown and Caldwell Women in Leadership Scholarship supports female students pursuing environmental engineering, electrical engineering, and science careers. Applicants must demonstrate leadership and academic excellence when they are open to U.S. citizens or permanent residents in their junior, senior, or graduate studies. Scholarship funds assist with university-billed expenses, encouraging diversity in the environmental profession. | February 28 | $5000 |
Engineering Management
| Scholarship | Description | Application Deadline | Award/Amount |
|---|---|---|---|
| American Society for Engineering Management – Graduate Scholarship | The American Society for Engineering Management (ASEM) Graduate Scholarship supports students pursuing engineering management and related fields. Eligible applicants must be ASEM members, enrolled full-time, and meet GPA requirements. Selection is based on academic achievements, research involvement, and community service. Scholarship funds assist with educational expenses in advancing engineering management careers. | Varies | $500 |
| NASF Foundation Scholarships | The NASF Foundation Scholarships support students pursuing degrees in surface science-related fields such as chemistry, chemical engineering, and materials science. Selection considers academic achievement, motivation, and career interest in surface finishing. These scholarships help advance education in industries focused on coatings, plating, and metallurgical engineering applications. | Varies | Varies |
| ABC Wildlife Academic Scholarships | The ABC Wildlife Academic Scholarship supports women pursuing STEM careers to promote diversity in scientific fields. Applicants must submit an essay on how their STEM education will impact biodiversity, environmental health, or human welfare. Open to undergraduate and graduate students, the scholarship encourages women to drive innovation in science and technology. | July 1 | $1000 |
Civil Engineering
| Scholarship | Description | Application Deadline | Award/Amount |
|---|---|---|---|
| Richard H. Crosser Memorial Scholarship FundRichard H. Crosser Memorial Scholarship Fund | The Richard H. Crosser Memorial Scholarship Fund supports Franklin and Whiteland High School students pursuing careers in the building and construction trades industry. Established by developer Richard Crosser, the scholarship encourages youth to enter diverse fields within construction, fostering skilled professionals who will contribute to the industry’s future. | Varies | Varies |
| Associated General Contractors (AGC) Education and Research Foundation Scholarships | The AGC Education and Research Foundation awards scholarships to undergraduate and graduate students in ABET or ACCE-accredited construction management or engineering programs. Additionally, Workforce Development Scholarships support students in craft and technical fields. These scholarships help cultivate future construction professionals by providing nationwide financial assistance and industry connections. | Varies | $1000 up to 2 years |
Industrial Engineering
| Scholarship | Description | Application Deadline | Award/Amount |
|---|---|---|---|
| Society of Manufacturing Engineering | The SME Education Foundation supports future manufacturing and engineering professionals through a wide range of merit and need-based scholarships. With over 60 distinct programs, these scholarships assist high school seniors and college students pursuing technical degrees. The Foundation prioritizes diversity and has awarded millions to thousands of aspiring industry leaders. | February annually | $2500-$20,000 |
| Association for Iron and Steel Technology (AIST) | The AIST Foundation supports the future of the iron and steel industry by awarding scholarships and grants to students pursuing careers in the field. Through Steel Intern Scholarships, Member Chapter Scholarships, and Endowment Scholarships, AIST provides financial aid and hands-on industry experience to develop a skilled and dedicated workforce. | Varies | Varies |
Computer Engineering
| Scholarship | Description | Application Deadline | Award/Amount |
|---|---|---|---|
| Ralph W. Shrader Graduate Diversity Scholarship | The Ralph W. Shrader Graduate Diversity Scholarship supports talented graduate students from underrepresented backgrounds pursuing degrees in STEM, communications, and related fields. This scholarship, awarded by AFCEA, recognizes academic excellence, leadership potential, and a commitment to advancing technology and national security through innovative research and professional contributions. | Varies | $3000 |
| NANOG Scholarship Program | The NANOG Scholarship Program supports undergraduate and graduate students pursuing computer engineering, computer science, electrical engineering, network engineering, or telecommunications degrees. Applicants must meet academic and enrollment criteria. The program includes the Abha Ahuja and Jon Postel Scholarships, recognizing students for their achievements and contributions to networking and technology. | Varies | Varies |
Software Engineering & Network Engineering
| Scholarship | Description | Application Deadline | Award/Amount |
|---|---|---|---|
| Inoxoft Scholarship | The Inoxoft Software Engineering Scholarship supports high school seniors, college students, and first-year university students passionate about technology. As an international software development company, Inoxoft aims to foster education by providing opportunities for students to advance their knowledge in software engineering, science, and emerging technologies through financial assistance and educational initiatives. | Varies | Varies |
| Rural Technology Fund Scholarship | The Rural Technology Fund Scholarship supports students from rural communities pursuing degrees in computer technology fields. It offers opportunities such as cybersecurity training, financial assistance, and certifications through partnerships. Awards are based on essays demonstrating a passion for technology, career aspirations, and community pride, helping recipients advance in the tech industry. | April 14, 2025 | $1000 |
Biomedical Engineering
| Scholarship | Description | Application Deadline | Award/Amount |
|---|---|---|---|
| BMES Diversity Lecture Award | The BMES Diversity Lecture Award recognizes individuals who promote diversity, equity, and inclusion in biomedical engineering. Presented at the BMES Annual Meeting, this award highlights efforts that foster an inclusive research and professional environment, aligning with the Society’s mission to advance human health through collaboration. | Varies | Varies |
| National Defense Science and Engineering Graduate (NDSEG) Fellowship: | The National Defense Science and Engineering Graduate (NDSEG) Fellowship supports U.S. citizens pursuing doctoral degrees in science and engineering disciplines critical to national security. Sponsored by the Air Force, Army, and Navy research offices, this highly competitive program allows fellows to choose their U.S. institution and conduct research in military-relevant fields. | Varies | Varies |
Aerospace Engineering
| Scholarship | Description | Application Deadline | Award/Amount |
|---|---|---|---|
| Virginia Space Grant Consortium | The Virginia Space Grant Consortium Graduate Research STEM Fellowship Program supports full-time graduate students conducting NASA or aerospace-related research. This competitive fellowship enhances basic research funding and requires faculty mentorship. Awardees engage in projects aligned with NASA’s mission, fostering innovation and advancing careers in science, technology, engineering, and mathematics. | February 16, 2025 | $6000 |
| Vertical Flight Foundation Scholarships | Vertical Flight Foundation (VFF) scholarships support students pursuing careers in vertical flight technology. Open to full-time students worldwide, these merit-based awards recognize academic excellence, research, and passion for aeronautics. Applicants must demonstrate an interest in aeronautics engineering or aviation systems, with top candidates eligible for specialized awards emphasizing affordability and technological advancements. | February 1, 2025 | $4000 to $6000 |
How to Apply for Scholarships for Masters Engineering Degrees?
With numerous scholarships available, navigating the application process can be overwhelming. Understanding funding amounts, eligibility requirements, required documents, and deadlines is essential. Scholarship search platforms like Fastweb or ScholarshipOwl help streamline the process by matching applicants with suitable opportunities.
Visiting the official website ensures accurate application details for those who have already identified a scholarship. Most applications are completed online, with some requiring additional documents to be mailed. Carefully following instructions, submitting materials on time, and verifying requirements improve the chances of securing funding for a master’s in engineering.
Ways to Pay for Masters Engineering Degrees
Here are a few more ways students can fund their program:
Scholarships
Scholarships provide financial aid to students based on merit, need, or specific criteria, reducing the burden of tuition costs. Various organizations offer scholarships, including government agencies, private foundations, and professional associations. Applying strategically by researching eligibility, deadlines, and requirements increases the chances of securing funding for higher education.
Grants
Grants offer financial assistance for education, research, or projects without requiring repayment. They are typically awarded based on financial need, academic merit, or specific criteria set by government agencies, nonprofits, or private organizations. Understanding eligibility, deadlines, and application requirements is essential for securing grants to support educational or professional goals.
Student Loans
Student loans provide financial support for education, requiring repayment with interest after graduation. Offered by government and private lenders, they cover tuition, fees, and living expenses. Understanding loan terms, interest rates, and repayment options is crucial to managing debt effectively and minimizing the financial burden of higher education.
Graduate Assistantships
Graduate assistantships provide financial support to master’s and doctoral students in exchange for research, teaching, or administrative work. These positions often include tuition waivers and stipends, reducing education costs. Assistantships offer valuable professional experience, networking opportunities, and skill development while helping students manage the financial demands of graduate studies.
FAFSA
The Free Application for Federal Student Aid (FAFSA) is crucial for U.S. students seeking financial aid for higher education. It determines eligibility for federal grants, loans, and work-study programs. Submitting FAFSA early ensures access to the best funding options, helping students manage tuition and related educational expenses.
Additional Resources for Scholarships for Masters Engineering Degrees
Finding scholarships for a master’s in engineering can be challenging, given the various funding options available. Many students may not know the best resources to locate financial aid opportunities. Several organizations and platforms simplify the search process by categorizing scholarships based on academic merit, specialization, and financial need. These resources help applicants identify suitable programs, understand eligibility criteria, and meet application deadlines. Some widely used scholarship databases and organizations offering scholarships for masters engineering degrees for students include:
Fastweb is a leading scholarship search platform that connects students with financial aid opportunities based on their profiles. It offers access to thousands of scholarships, grants, and internships, helping students reduce educational expenses. With personalized matches and deadline alerts, Fastweb simplifies the scholarship application process for undergraduate and graduate students.
Appily is a college and scholarship search platform that helps students find financial aid opportunities, college matches, and admissions insights. It provides personalized scholarship recommendations based on academic achievements and interests. With its user-friendly tools, Appily simplifies the search process, making higher education more accessible and affordable for students.
Unigo is a scholarship and college resource platform offering financial aid opportunities, college reviews, and career advice. It provides a vast database of scholarships tailored to students’ backgrounds and interests. With essay contests, unique funding options, and personalized matches, Unigo helps students secure financial support for their higher education journey.
Scholarships.com is a comprehensive scholarship search platform that connects students with financial aid opportunities based on their academic profile, interests, and background. It offers a vast database of scholarships, grants, and financial aid resources. With personalized matching and application guidance, Scholarships.com simplifies the funding process for higher education.
FAQs About the Scholarships for Masters Engineering Degrees
What types of scholarships are available for master’s in engineering students?
Master’s in engineering students can access merit-based, need-based, diversity-focused, research, and industry-sponsored scholarships. Professional organizations, government agencies, or private foundations award some. Scholarships may cover tuition, research expenses, or living costs, with some tailored for specific engineering fields, underrepresented groups, or students with outstanding academic achievements.
How can I find scholarships for my specific engineering specialization?
What are the eligibility criteria for engineering scholarships?
What role do recommendation letters play in scholarship applications?
What happens if I receive multiple scholarships?
Do I have to repay scholarships after graduation?
Can working professionals apply for engineering scholarships?
Do engineering scholarships cover only tuition, or can they be used for other expenses?
Are there scholarships for international students pursuing a master’s in engineering?
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