A Master in Information Technology scholarship allows you to study a course of your choice while partially or entirely covering your educational expenses. A master’s degree is one of the most sought-after postgraduate academic degrees and you must first complete undergraduate studies to attain it.
Because of competition, many people assume it is challenging to be awarded scholarship funds for a Master’s Degree in Information Technology. But oftentimes they have been looking in the wrong places or haven’t had enough information to know where to look. This article will provide you with all the necessary resources for finding the right IT master’s degree scholarship for you.
What Is a Masters Degree in Information Technology?
A Master’s Degree in Information Technology is one of the few specialized courses designed to help you become a skilled and competent IT professional. This course delves deep into the principles of many computer operations and programs. Computer science, software development, database administration, and various other occupations are linked to information technology (IT).
How Much Does a Master’s Degree in Information Technology Cost?
According to the National Center for Education and Statistics (NCES), a Master’s Degree in Information Technology costs an average of $19,792 yearly. However, tuition fees may vary based on university location, discipline, study duration, and city. Nevertheless, IT graduates tend to land high-paying jobs in the technology field, which offsets the cost of graduate school.
Master’s Degree in Information Technology Salary: How Much Can You Earn?
As an IT specialist with a master’s degree, you can earn an annual salary of $100,000, according to Payscale. With a master’s education, IT professionals can work as computer and information systems managers and earn an average of $151,150 a year. However, salary ranges vary widely, depending on factors such as the company you work for, your position, any certifications you may hold, and the number of years you have been with a company.
Is a Master’s Degree in Information Technology Worth It?
Having a master’s degree is worth it if you are pursuing a career in technology. The demand for IT specialists is increasing across the board. Because of this, it is becoming a necessity for professionals in the field to enhance their skills and education to stand out. These credentials will allow for career growth and promotions, and higher salaries, making it a worthwhile personal investment decision.
Computer and IT jobs are set to grow by 11 percent over the next 10 years, according to the US Bureau of Labor Statistics. This means that to keep up to date with the current trends in information technology, you need a master’s degree.
How to Pay for Your Information Technology Graduate Degree with Master’s Degree in Information Technology Scholarships
You can easily pay for your graduate degree when you have a scholarship. Once a year, application windows for scholarships become available.
The basic eligibility requirements include certificates and transcripts from your graduate programs and English test scores, such as IELTS or TOEFL. The scholarship covers your tuition fees, living and housing expenses, and other financial requirements you may have during your studies.
While some scholarships are based on students’ needs, there are also merit scholarships. Merit scholarships offer financial aid to prospective students of high academic achievement.
Best Master’s Degree in Information Technology Scholarships: Overview
| Organization | Scholarship Name | How Much It Covers |
|---|---|---|
| Arizona State University | ASU Scholars Program | Up to $10,000 |
| British American Foundation of Texas | Women in STEM Scholarship | $5,000 |
| CompTIA | CompTIA Rising Star Scholarship | $10,000 |
| Google Student Veterans of America Scholarship | $10,000 | |
| Hispanic Association of Colleges and Universities | HACU Coca-Cola Scholarship | $2,500 |
| Stanford University | Knight-Hennessy Scholars Program | Full funding |
| University of New Haven | Dean’s Scholarship Program | 50 percent of tuition |
Best Master’s Degree in Information Technology Scholarships: In Detail
ASU Scholarship Program | Arizona State University
The University of Arizona offers scholarships to eligible applicants who wish to take master’s degree programs in Information Technology or any other graduate studies in the United States. The award is issued on the grounds of the academic performance of students. It is a merit-based scholarship awarded to students of high academic standing who apply for their master’s study with a GPA of 3.5 and above. Over $10,000 is awarded to scholarship recipients.
CompTIA Rising Star Scholarship | CompTIA
If you are looking to earn your Master’s Degree in Information Technology in the US, then you should consider the CompTIA scholarship. This award is recognized as one of the major certifying bodies in the industry of information security. CompTIA offers scholarship money of $2,000 to a total of 10 scholarship winners yearly.
The award targets students who are interested in adding value to the IT world through their education and career. Eligible candidates need to be student members of CompTIA and legal residents of the United States.
Dean’s Scholarship Program | University of New Haven
This scholarship is funded by the Dean of the University of New Haven. It is a partly-funded scholarship that offers US students 50 percent tuition assistance for a master’s degree study in Information Technology at the University of New Haven.
It is awarded based on academic excellence. Eligible candidates must have completed an undergraduate STEM degree, and have enrolled for the graduate course of study at the university.
Google Student Veterans of America Scholarship | Google
American students are qualified to apply for the Google Student Veterans of America Scholarship. The award was borne out of a partnership between Google and Students Veterans of America. The scholarship awards successful applicants with the sum of $10,000 for the study year and the graduate study can be taken in any university in the US.
HACU Coca-Cola Scholarship | Hispanic Association of Colleges and Universities
The HACU Coca-Cola Scholarship provides American graduate students with educational support of $2,500 for their master’s degree study in information technology in US universities. This scholarship is funded by the Hispanic Association of Colleges and Universities (HACU) in partnership with Coca-Cola. The funding is for one academic year.
Knight-Hennessy Scholars Program | Stanford University
American students looking to earn their Master’s Degree in Information Technology can take advantage of the Knight-Hennessy Scholars Program. This scholarship also covers other studies of choice and provides leadership opportunities through experiential learning initiatives and mentorship.
This scholarship covers tuition, accommodation, monthly stipend, and medical insurance. You must separately apply for the program at Stanford before you fill out the online application form on the scholarship page.
Women in STEM Scholarship | British American Foundation of Texas
The British American Foundation in Texas sponsors female students earning a Master’s Degree in Information Technology or other related STEM courses at Texas State. The award is open to both graduate and undergraduate students pursuing an education to work in the STEM field. Winners of the scholarship are awarded the sum of $5,000.
How to Pay for Your Information Technology Graduate Degree Without Scholarships: Alternative Financial Aid Options
Sometimes, an application for a scholarship can be denied. To avoid owing a lot of money after your studies, there are other options for financial assistance available that you can use to help fund your school fees and costs.
Work at a University
Some schools will offer you a job while you’re attending classes there. Such an offer can also include accommodation. It could be on a full-time or part-time basis. Prospective students can do extensive research about universities that offer such opportunities.
Graduate Assistantship
Some professors and lecturers often seek assistantships in grading papers, teaching undergraduates, helping out in the laboratory, or doing research. As a prospective graduate student, you can reach out to professors in your intended institutions or fields of study to inquire about graduate assistantships.
A graduate assistantship gives you the option of receiving full or partial tuition reimbursement. Another benefit is that, beyond the classroom experience, you will gain practical experience and network with others who have excelled in your field.
Apply for Grants and Fellowships
Many colleges provide eligible students with specialized programs, fellowships, and grants. Grants are available at the state level. You can also go to your school’s financial aid office to learn more about a loan-free academic year.
Should You Apply for Master’s Degree in Information Technology Scholarships?
Yes, you should apply for scholarships to help fund your master’s degree education in IT. If you are certain that you want to pursue a career in this industry, a scholarship is a great way to ease the financial strain of earning a graduate education in STEM.
"Career Karma entered my life when I needed it most and quickly helped me match with a bootcamp. Two months after graduating, I found my dream job that aligned with my values and goals in life!"
Venus, Software Engineer at Rockbot
Another thing to note is that you will have more time to focus on your studies instead of working to meet your financial needs when you get a scholarship. Hence, it is a win-win situation for you.
Master’s Degree in Information Technology Scholarships FAQ
What documents are required to apply for an IT scholarship?
Documents required when applying for IT scholarships typically include official transcripts, school certificates, and proof of residency. Certain scholarships may also request letters of recommendation, a personal statement, your academic record, or answering essay questions in a 500-word essay.
When will information technology scholarships be available?
Online application portals for scholarships open at different times as different professional organizations administer them. You can find the opening and closing dates for applying to these scholarships on the websites of these organizations.
Can I do a Master’s Degree in Information Technology without an undergraduate degree?
No, you can’t. Qualified applicants who are eligible to apply for a master’s degree in a technical field must have completed an undergraduate program. Most master’s degree programs require that you complete an undergraduate degree in a field related to your graduate study of interest.
When is the best time to apply for a scholarship?
The best time to prepare scholarship applications is before the online application portal opens. It is advisable to have prepared all the essential documents during the waiting period before the application window is announced.
About us: Career Karma is a platform designed to help job seekers find, research, and connect with job training programs to advance their careers. Learn about the CK publication.
