Scholarships for Indian Students Abroad 2026: Macquarie University in Australia has recently announced a scholarship plan to attract Indian prospective students to the undergraduate and postgraduate programs. In this plan, the eligible students will have an opportunity to obtain financial aid amounting to approximately 28.5 lakh throughout their course of degree. The scholarship is a combination of the benefits of India's Early Acceptance Scholarship and the Vice-Chancellor's International Scholarship.
Macquarie University has consolidated its position in the world ranking, ranking 9th in Australia and 166th in the world, in the Times Higher Education (THE) World University Rankings 2026, which measures university research output, industry partnership and innovative learning environment.
What the Scholarship Offers
The Early Acceptance Scholarship in India offers AUD 10000 (₹5.7 lakh) in the second semester of the first year and thereafter $ 5000 (2.8 lakh) per semester. Moreover, one-time Vice-Chancellor International Scholarship of AUD 10,000 (₹5.7 lakh) can also be awarded to a few students.
Together, for a typical four-year degree program, the total financial benefit comes out to approximately ₹28.5 lakh.
Students may also apply for additional funding options, including:
-Faculty of Science & Engineering Sustainability Scholarship – AUD $5,000
-Faculty of Science & Engineering FIRST Australia Scholarship – AUD $5,000 per year
Eligibility Criteria
To qualify for the India’s Early Acceptance Scholarship, applicants must:
-Be a citizen of India
-Accept their Letter of Offer and pay the commencement fee before the specified deadline
-Remain enrolled throughout the course
-Not already receive full-tuition government-funded scholarships (unless approved by the university)
How to Apply
Admissions and scholarship applications must be submitted through the official Macquarie University application portal. The scholarship can be applied for at any time during the year, provided the student meets admission and payment deadlines.
Courses Covered
The scholarship applies to a wide range of study fields, including:
-Banking & Finance, Business Analytics, Management
-Data Science, Artificial Intelligence, Cyber Security, Networking
-Engineering (Mechanical, Electrical, Civil, Mechatronics, Renewable Energy)
-Media, Arts, Medical & Health Sciences
-Macquarie University’s Global Standing