Student Scholarship

The success of MBUST in developing new technology, among others, will be contingent upon its ability to attract the best students to PhD and Master’s programs.

A strong competition among universities on a global level focuses on attracting the best talent in the world. Bachelor’s Degree graduates from Nepal are lured by prestigious universities by offering tuition waivers and financial assistance in the form of teaching and research assistantships. In addition, students are persuaded by the prospect of getting decent employment upon the completion of their studies. Due to the attractiveness of promising prospects abroad, most brilliant students leave Nepal after completing their Bachelor’s Degree.

In order to retain at least some of the bright students in Nepal, MBUST will provide scholarships and fee waivers to graduate students and influence their decisions to remain in Nepal.

These scholarships are meant to cover modest living costs and costs of instructional materials. Government funding is not available for scholarships. Therefore, there is a need for mobilizing resources for scholarships from other sources.

The inaugural number of students to be admitted will be 24 Master’s students and 8 PhD students.

– Tuition fee per student per year is Rs.300,000 for master’s and Ph.D.

– Scholarship per student per year is Rs.25,000 and Rs.30,000 respectively for master’s and PhD.

– The total cost of tuition fees and scholarships for the inaugural batch of students is Rs. 26 Million) equivalent to US$350 thousand (at the exchange rate of 132.3 Rs./US$ as of September 2, 2023.

– USD Conversions?: The total funds required for a program for the full cycle of study is Rs. 576 thousand, and the funds required for four programs are Rs. 2 Million 304 thousand

– The academic fees for a two-year Master’s Scholarship are Rs. 600,000 ($7,200 USD) and a three-year Ph.D. Scholarship is Rs. 1,080,000 ($13,100 USD).