Table of Contents
1. Why are scholarships for women important?
2. Scholarships for women studying in the US
3. Scholarships for women studying in Europe
4. Summary

Making the jump to higher education is a challenging feat. Access to quality education can be tough, especially for women who encounter obstacles. Luckily, scholarships for women pursuing bachelor’s or master’s degrees in the United States and Europe are available. Tag along as we discuss why scholarships are crucial for women and list various scholarship opportunities and programs.

Why are scholarships for women important?

Women-specific scholarships are essential for closing the gender gap in higher education. Women have historically experienced discrimination, such as restricted access to educational opportunities, financial limitations, and social expectations. Nevertheless, organizations, institutions, and governments are now providing a variety of scholarships to aid women in their academic ambitions in response to gender inequality and the untapped potential of women. Scholarships allow women to gain a financial boost to achieve their educational aspirations, foster gender equality, and empower future leaders.


Scholarships for women studying in the US

The number of women enrolled in programs for business education has been rising. In 2021, 41% of MBA students were female, up from prior years, according to the Forte Foundation. Women’s MBA scholarships continue this trend to support women’s completion of business degrees and reduce the gender wage gap.


Jane M. Klausman Women in Business Scholarship

Eligibility: This scholarship is for women pursuing a business or management degree at the undergraduate or graduate level. Applicants must undertake a business or business-related program at an accredited institution. Enrollment in at least the second year of an undergraduate program through the final year of a master’s program is necessary when the application is submitted.

Deadline: Varies

Award amount: 6 international scholarships of $8,000

“Women make up over 60% of graduate students.”

In seven Ph.D. degrees, women outweigh men. The following are popular graduate degrees for women: Arts and Humanities, Biological and Agricultural Sciences, Education, Health Sciences, Medicine, and Public Administration.

AAUW International Fellowships

Eligibility: Women who aren’t US citizens or permanent residents and want to return to their home country to pursue a career are given support during full-time graduate or postdoctoral study through this program. There are only a few rewards available for studying abroad.

Award amount:

Master’s/first professional degree: $20,000

Doctoral: $25,000

Postdoctoral: $50,000



November 15 every year


PEO International Peace Scholarship (IPS.)

Eligibility: The PEO International Peace Scholarship Fund offers financial aid to women from outside the United States and Canada who wish to pursue advanced degrees at a college or university in the United States or Canada, with the hope that recipients will use their education upon returning home to make a positive contribution and promote world peace. An applicant must have a year of coursework left, be enrolled, and be in residence for the whole school year.


Award amount:



Eligibility Period: September 15-December 15 every year


Margaret McNamara Education Grants (MMEG)

Eligibility: MMEG awards grants to women from developing countries enrolled as full-time students at accredited universities in the United States or Canada. The grants support women studying in a variety of fields. Applicants must be at least 25 years old and come from developing countries whose graduate studies and plans aim to benefit women and children in their home country or another developing country.


Award amount:



Details of the 2024-25 application to be announced later


“Currently, only 33% of researchers are women.”

Stereotypes suppress a significant part of history and perpetuate gender inequality in access to fields of study and careers.

Scholarships for women studying in Europe

ECB Scholarship For Women

For this scholarship, you must be currently or soon to be a student in a master’s program at a European university or business school. The money is to help you pay for your studies. The scholarship allows EU women from low-income backgrounds to pursue postgraduate studies in economics, statistics, engineering, and computing.


Award amount:




Details of the 2024-25 application to be announced later


Erasmus Mundus Scholarships

The European Union’s Erasmus Mundus program offers scholarships to outstanding students worldwide, including women, to pursue master’s degrees in various disciplines across European universities.


Award amount:

1,000 each month for living costs during the 24-month duration of the program



Details of the 2024-25 application to be announced later


The L’Oréal-UNESCO For Women In Science

The program was created to enhance and encourage the contribution of women pursuing research careers in the UK or Ireland. Five women are awarded grants across Engineering, Life Sciences, Mathematics and Computer Science, Physical Sciences, and Sustainable Development.


Award amount:




Details of the 2024-25 application to be announced later



Start your scholarship application today!

By giving women access to high-quality education and financial support, scholarships help to advance gender equality in higher education. The scholarships mentioned are only a small portion of what is available to women who want to study for bachelor’s or master’s degrees in the US and Europe.

Scholarships support a more inclusive and equitable society, enabling women to overcome financial obstacles and pursue academic goals. Each passing day is closer to where gender equality is the norm, and women can succeed in their careers as more institutions and organizations see the value of assisting women in education.

Equip yourself with the tools for the future by pursuing higher education. Of course, a good application starts off with excellent test preparation and the 700+Club has got your bases covered with SAT, GRE, and GMAT courses for your bachelor’s or master’s program. 

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