Students of Aerospace Engineering have numerous scholarship schemes from government organizations such as NASA, ISRO, and the Department of Defense, while private industries like Boeing, Lockheed Martin, and Airbus also offer scholarships. Numerous universities provide merit-based and need-based scholarships for undergraduate and postgraduate students studying aerospace streams. Most scholarships are based on academic achievement, leadership quality, and research work in aerodynamics, space technology, and aviation systems.
Apart from the above, the international students also have access to scholarships such as DAAD (Germany), Chevening (UK), and Fulbright (USA) which fund aerospace research. There are some that include full tuition scholarship while others entail research and internship stipends. The students can seek opportunities using professional organizations such as AIAA (American Institute of Aeronautics and Astronautics) and SAE International. Maintaining a good academic record, taking part in aerospace competitions, and getting practical experience through internships can enhance the prospects of receiving financial assistance in this competitive sector.