Top Scholarships for Analytics & Data Science Students

Data plays a crucial role in today’s world, impacting businesses, healthcare, sports, and entertainment. Experts in analytics and data science transform raw numbers into actionable insights. Learning these skills can be expensive, with courses, degrees, and certifications costing a lot. Scholarships offer a solution to this problem. They cut down on education expenses, allowing students to concentrate on their studies without financial stress. Many scholarships, available both online and offline, target students in analytics and data science. These opportunities cater to beginners and advanced learners alike, covering areas such as machine learning, AI, and big data. Besides money, these scholarships often provide mentoring and job prospects. 

This article takes a look at some top scholarships for analytics and data science students. It aims to help you discover opportunities that match your career goals in a straightforward manner.

1. DAAD Scholarships for Analytics & Data Science

DAAD is an abbreviation for German Academic Exchange Service. Its German name is Deutscher Akademischer Austauschdienst. Each year, DAAD helps over 100,000 students and researchers from Germany and other nations. Students from India can also get benefit from studying data science and analytics without spending too much with the aid of DAAD Scholarship. Data science and analytics play a key role in our world today. This scholarship gives money to students learning analytics, machine learning, or big data to pay for their schooling.

• Who Can Apply:  International students who want to study data science or similar topics in Germany can apply for the DAAD scholarship.
• Scholarship Benefits: The scholarship gives a monthly sum, money for travel, insurance, and no tuition fees.
• How to Apply: Candidates can apply on the DAAD website.

Here’s an opportunity to get global experience and attend top universities in Germany.

2. Fulbright International Scholar Program (USA)

The Fulbright Program is a well-known global scholarship that gives students a chance to study in the United States.

• Who Can Apply: Students from many countries, including those in data science, AI, analytics, or computer science fields.
• Scholarship Benefits:  Fulbright takes care of tuition, living costs, airfare, and other expenses.
• How to Apply: Check the U.S. Embassy or the Fulbright official website in your country.

If studying in the U.S. and boosting your data analytics skills appeals to you, Fulbright is a great choice.

3. Acxiom Corporation Diversity Scholarship

Acxiom provides scholarships to promote diversity in tech fields like data science.

• Who Should Apply:  College students from different backgrounds who are studying data science, computer science, stats, or IT.
• Rewards and Benefits:  The scholarship amount changes, but it’s often about $5,000.
• Application: Check out Acxiom’s official website.

This scholarship aids students from minority groups and assists them in starting careers in analytics and tech.

4. MinneAnalytics Data Science Scholarship

MinneAnalytics, a nonprofit in the U.S., gives scholarships to students who are excited about data science and analytics.

• Who Should Apply:  Undergraduates at colleges and universities in Minnesota or nearby areas who are studying data science, analytics, or similar fields.
• Rewards and Benefits:Usually, the scholarship ranges from $1,000 to $5,000.
• Application: Check the MinneAnalytics official website to apply. 

This scholarship is a good chance for students in the Midwest interested in a data science career.

5. National Science Foundation (NSF) Graduate Research Fellowship (USA)

The NSF has a Graduate Research Fellowship Program (GRFP) for students studying science, tech, engineering, and math (STEM), which includes data science.

• Who Should Apply: U.S. citizens, nationals, or permanent residents working toward graduate degrees in data science, stats, or similar areas.
• Rewards and Benefits: About $37,000 a year, plus money for education costs for up to 3 years.
• Application:  Check the NSF official website to apply. 

This is one of the best scholarships in the U.S. for graduate students in data science.

6. Palantir Women in Technology Scholarship

Palantir Technologies provides this scholarship to support women in technology and analytics.

This scholarship is the best avenue for women who want to pursue a career in data science, computer science, and analytics. 

• Who Should Apply: Women studying data science, computer science, or engineering.
• Rewards and Benefits: A scholarship plus a workshop with Palantir engineers.
• Application: Candidates can apply through Palantir’s official website.

This scholarship aims to close the gender gap in tech and supports women in data analytics.

7. Bill Caspar Memorial Diversity Scholarship

This scholarship promotes diversity in analytics, data science, and IT.

• Who Should Apply: Minority students studying data science or related fields.
• Rewards and Benefits: Varies (up to a few thousand dollars).
• Application: Check affiliated organizations or the Bill Caspar Memorial website to apply. 

This helps students by giving both financial aid and recognition in analytics.

8. Milliman Opportunity Scholarship

Milliman, a global consulting and actuarial firm, offers scholarships for students from diverse backgrounds entering data science and actuarial jobs.

• Who Should Apply:  High school seniors or college students studying data science, statistics, mathematics, or actuarial science.
• Rewards and Benefits: Amount and awards from $5,000 to $10,000.
• Application:  Candidates can apply through Milliman’s official website.

Milliman wants to give chances to underrepresented students in data science.

9. Remote DBA Scholarship

Remote DBA, a database administration firm, grants scholarships to students keen on data science, database management, and IT.

• Eligibility: High school seniors, undergrads, or graduates in data science, database management, or information tech can apply.
• Award: Typically $1,000+ and the exact benefits may vary. 
• Application: Candidates can apply on the Remote DBA’s official website.

Good choice if you’re seeking smaller scholarships to offset tuition or related costs.

10. INFORMS Analytics Society Student Scholarship

INFORMS (Institute for Operations Research and the Management Sciences), via its Analytics Society, awards scholarships to help students in data science and analytics.

• Eligibility: Undergraduate and graduate students in analytics, operations research, or similar areas can apply.
• Award: Scholarship amount and invites to INFORMS conferences.
• Application: Candidates can apply on the INFORMS official website.

A superb option for students wanting to learn and network with pros in the data science field.

In conclusion, scholarships offer graduates and undergraduates aid for their data science and analytics studies. Scholarship providers offer scholarship amounts, assistance, and access to workshops, internships, and chances to study abroad.

Important Considerations Before You Apply 

*   Make sure you meet the requirements.

*   Have your transcripts, references, and essays prepared.

*   Submit by the deadline.

*   Write application essays that are clear, truthful, and organized.

Taking advantage of scholarships allows students to put more effort into mastering machine learning, big data analytics, AI, and stats since they have less to worry about when it comes to monetary concerns. 

If you are a student aspiring to benefit from various scholarships, CollegeSearch is a hub for Indian scholarships that filters scholarships based on need and requirements. You can filter in thousands of scholarships based on categories such as class, country, region, state, course, gender, and even religion. And if you’re particularly interested in data science, it’s worth checking out the Data Science course by the Boston Institute of Analytics, which pairs well with many of the scholarship opportunities listed.

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