Study in Monaco: Fully Funded Scholarships for International Students in 2024

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Do you wish to pursue a scholarship to study in Monaco? Monaco offers fully funded scholarships to students from other countries.

Online applications for admission to associated schools and universities in Monaco are now being taken for the fully-funded 2024 Monaco Scholarships. One may submit these applications for a doctorate, master’s degree, or bachelor’s degree. This is going to be your finest chance to receive a completely free education in Monaco!

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Why study in Monaco?

Monaco is famous for its elite educational system and has the densest population of any nation in the world. Numerous professional degree programs attract students from all around the world. Monaco has a population of 38,400 people living on its 2.1 km2 of land.

There are nine more higher education establishments in the principality of Monaco in addition to the International University of Monaco, which is the only university there. Due to the excellent business programs provided there and the affordable tuition, international students frequently select Monaco as their study destination. Apart from that, Monaco has a comparatively low percentage of racists.

Read Also: Top Graduate School Scholarships and How to Apply

List of Fully Funded Monaco Scholarships

1. International University of Monaco Scholarships

The biggest university in Monaco is the International University of Monaco (IUM), which also provides a number of scholarship options. Each scholarship that is given out has a value that falls between one thousand and five thousand euros (EUR) for the recipient. The only criteria taken into account for granting the scholarships is the candidates’ academic standing. Their need for financial assistance is not taken into account. Certain awards are sponsored by companies, and others are determined by nationality.

Furthermore, a sizable fraction of students receive loans from the government to help with their finances. However, an applicant for a scholarship must show that they have a strong academic background and significant leadership potential. They must also pledge to support the university in realizing its objectives.

Click here to apply.

2. Awards by the Monaco Foundation to Study in Monaco

These awards are given by Prince Albert II of Monaco to worthy recipients. The awards are meant to promote and assist research and education in the areas of sustainable practices and environmental sciences. Students and researchers working in fields relevant to ethical practices and technical developments are eligible to apply for this scholarship.

This scholarship will pay for the expenses of taking part in a climate change management program. The scholarship is open to citizens of less developed countries, with the understanding that they will use it to spread awareness of climate change. The budget has enough funds to provide twenty awards in total. This program will teach learners about climate change, how to control it, and its effects on the environment.

Click Here to apply.

Read Also: List of Top Scholarships With Deadlines in April 2024 – Apply Now

3. Study Awards by the Monaco Government

Within the scope of this scholarship program, there will be two categories of awards:

High school students currently enrolled in Monaco’s diploma program are eligible for the first prize. You may discover details about the related courses and programs on the website of Monaco’s Ministry of Youth, Education, and Sports. The scholarship may cover anywhere from 40% to 100% of the total cost of the diploma.

The second category of scholarships is given to students who are either studying abroad or who are living a long way from their relatives. These students belong to what are referred to as “independent households.” These scholarships can cover up to 100% of the total cost of tuition. more than 15 hours per week in addition to their academic endeavors. Monaco’s citizens have a larger quota for the awards; thus, they will be given priority over other applications.

Click Here to apply.

4. Monaco Government Scholarship Grants

Financial aid is available to Monegasque students who want to study abroad and take part in language immersion programs overseas through the Ministry of Youth, Education, and Sports in Monaco. Candidates must be enrolled full-time in an elementary, secondary, or postsecondary educational institution and be at least eleven years old. Applicants who satisfy the qualifications ought to fit into one of the following groups:

  • Citizens of Monaco or the spouse of a citizen of Monaco are required.
  • They ought to be the children or other dependents of people working for Monaco’s government.
  • They must have lived in the Principality of Monaco for at least ten years.

Click Here to apply.

5. Scholarships by the Papyrus Association

The Papyrus Association, a non-profit in Monaco, is the source for financial aid and scholarship applications for students enrolled in institutions there. It offers numerous scholarships to individuals who:

  • The Paul Scholarship is open to students who are now working on a research project for their research studies courses. The amount of the scholarship will depend on how well the applicant’s project is executed.
  • Scholarships from the Marc Foundation are available to university students studying in health and medical disciplines.
  • Thomas Scholarship applications are accepted from students studying digital sciences, computer science, or engineering.
  • The Noah Stock Exchange Scholarship is open to students presently enrolled in courses with a communications, marketing, or public communication concentration.
  • Students who are currently enrolled in political science or law programs are eligible to apply for Robert Grant grants.
  • The Tote Exchange scholarship is available to students from Monaco who require financial assistance for their study project or research abroad. This grant supports students’ projects abroad.
  • The Stephane Scholarship is available to students participating in degree programs relevant to management.

Click Here to apply.


  • Okechukwu Liberty is a graduate of Mass Communication and a content writer for AfterSchoolAfrica. He is dedicated to researching scholarship and empowerment opportunities to students looking to study abroad.

    Content Research Writer