Surrey Business School offers 15 scholarships, of which 15 are accessible to Indian applicants. The MBA Global Changemaker Scholarship covers 100% of tuition worth INR 36.98 Lakhs per award.
Indian applicants can also stack the Vice-Chancellor’s Future Leaders Award with the Early Payment Discount. That combination trims a taught masters bill by INR 12.11 Lakhs before any external funding.
- Standard PG tuition 2026-27: Up to £24,700 (INR 31.49 Lakhs) for top-priced MSc programs.
- With Vice-Chancellor’s Future Leaders Award: £17,200 (INR 21.93 Lakhs) after a £7,500 fee waiver.
- Future Leaders plus Early Payment Discount: £15,200 (INR 19.38 Lakhs), the deepest self-funded cut.
- Next major deadline: Chevening closes on October 6, 2026 at 4:30 PM IST.
Currency Note: All INR conversions use the live rate of 1 GBP = INR 127.5 as of September 2026. A fee waiver reduces your tuition bill directly; a discount is applied at payment; a stipend is a monthly cash allowance for living costs.
Table of Contents
- Surrey Business School Scholarships for UG Students
- Surrey Business School Scholarships for PG / Master’s Students
- India-Specific Scholarships at Surrey Business School
- Surrey Business School PhD Scholarships
- External UK Government Scholarships for Surrey Business School Applicants
- Surrey Business School Scholarships: Frequently Asked Questions
Surrey Business School Scholarships for UG Students
UG applicants from India tap three awards ranging from INR 1.28 Lakhs to INR 9.56 Lakhs. Every UG scholarship applies as a tuition waiver or grant on top of your standard offer.
| Scholarship | Value (GBP / INR Lakhs) | Type | Who Can Apply | Deadline |
|---|---|---|---|---|
| Vice-Chancellor’s Future Leaders Award (UG) | £7,500 (INR 9.56 Lakhs) | Fee waiver | International self-funded UG applicants | Tentative July 31, 2027 (annual cycle) |
| International Excellence Award (UG) | £5,000 (INR 6.38 Lakhs) | Fee waiver | International self-funded UG applicants | Tentative July 31, 2027 (annual cycle) |
| International Students Travel Placement Grant | £1,000 (INR 1.28 Lakhs) | Travel support | Indian UG students on a compulsory placement year abroad | Rolling; tentative March 31, 2027 for summer placements |
The Vice-Chancellor’s Future Leaders Award applies to any self-funded international UG candidate with a strong academic profile. Surrey reads your application form and personal statement for evidence of leadership and ambition. No separate scholarship essay is required.
The Placement Grant supports UG students during a compulsory year abroad. It covers relocation and travel costs up to INR 1.28 Lakhs. You claim it through Surrey Business School once your placement is confirmed.
Explore More: Surrey Business School Overview | Admissions Guide
Surrey Business School Scholarships for PG / Master’s Students
PG awards at Surrey Business School stretch from a 20% alumni discount to a 100% MBA tuition waiver. The seven live awards below all take Indian nationals.
| Scholarship | Value (GBP / INR Lakhs) | Type | Who Can Apply | Deadline |
|---|---|---|---|---|
| Vice-Chancellor’s Future Leaders Award (PG) | £7,500 (INR 9.56 Lakhs) | Fee waiver | International PG taught applicants | Tentative July 31, 2027 (annual cycle) |
| International Excellence Award (PG) | £5,000 (INR 6.38 Lakhs) | Fee waiver | International PG taught applicants, excludes MBA and MSc AI Conversion | January 8, 2027 (February 2027 entry) |
| Surrey Graduate Discount | 20% off tuition | Alumni discount | Surrey alumni returning for a second PG program | Rolling; auto-applied at enrolment |
| Early Payment Discount | £2,000 (INR 2.55 Lakhs) | Fee discount | Any offer-holder paying full first-year tuition upfront before CAS issue | Rolling; before your visa CAS date |
| Surrey MBA Global Changemaker Scholarship | £29,000 (INR 36.98 Lakhs) | 100% tuition waiver | Full-time MBA applicants; 2 awards per cycle | Tentative April 30, 2027 (September 2027 intake) |
| Surrey MBA Women in Leadership Scholarship | Up to £14,500 (INR 18.49 Lakhs) | 50% fee waiver (max) | Women joining the MBA cohort | Tentative April 30, 2027 (September 2027 intake) |
| Surrey MBA AI Pathfinders Scholarship | Up to £14,500 (INR 18.49 Lakhs) | Fee waiver | MBA applicants with an AI, data, or technology background | Tentative April 30, 2027 (September 2027 intake) |
The Vice-Chancellor’s Future Leaders Award assesses your admission form and personal statement, so there is no additional essay. The International Excellence Award needs a short online form after you receive an offer. Note that it excludes the MBA and the MSc AI Conversion program.
Reddit Insight: Indian recipients on r/UniUK note that Surrey converts the Future Leaders Award automatically for offer-holders scoring a first-class equivalent (60%+ in an Indian Bachelor’s), with no separate essay round.
MBA candidates chase three high-value awards: Global Changemaker, Women in Leadership, and AI Pathfinders. Global Changemaker delivers the full INR 36.98 Lakhs MBA fee waiver but funds only two applicants per cycle. The Women in Leadership and AI Pathfinders awards cap out at 50% of the MBA fee, or INR 18.49 Lakhs each.
Surrey alumni returning for a second Surrey PG program receive a 20% Graduate Discount at enrolment. Paying your first-year tuition in full before your Confirmation of Acceptance for Studies (CAS, the UK visa sponsorship document) is issued unlocks a further INR 2.55 Lakhs Early Payment Discount.
Explore More: Surrey Business School Fees | Courses and Programs
India-Specific Scholarships at Surrey Business School
Two awards target Indian nationals directly at Surrey Business School. Both stack with several standard Surrey fee waivers, subject to award terms.
| Scholarship | Value (GBP / INR Lakhs) | Type | Who Can Apply | Deadline |
|---|---|---|---|---|
| GREAT Scholarships India (British Council + Surrey) | £10,000 (INR 12.75 Lakhs) | Fee waiver | Indian nationals on a one-year taught masters starting September | Tentative May 29, 2027 (annual cycle) |
| Developing Countries Scholarship | £2,500 (INR 3.19 Lakhs) | Auto-grant fee waiver | Indian nationals on eligible PG taught programs; excludes MBA | Automatic on offer acceptance |
GREAT Scholarships India is funded jointly by the British Council and Surrey. It grants INR 12.75 Lakhs off tuition for a one-year taught masters that begins in September. The wider University of Surrey placed around 10 GREAT awards in the 2026-27 cycle across its business, tech, and creative subject areas.
The Developing Countries Scholarship applies automatically once you accept your offer. It grants INR 3.19 Lakhs off tuition for Indian nationals on eligible taught masters programs. The MBA and short professional courses are excluded.
Reddit Insight: GREAT awardees from Surrey on r/IndiansAbroad emphasise a targeted 500-word statement on how the UK degree drives career impact back in India, submitted well before the late-May cutoff, alongside two academic referees.
Explore More: Surrey Business School Rankings
Surrey Business School PhD Scholarships
Surrey Business School funds doctoral candidates through a competitive full studentship worth INR 27.80 Lakhs a year in stipend.
| Scholarship | Value / Stipend | Type | Who Can Apply | Deadline |
|---|---|---|---|---|
| Surrey Business School PhD Studentship | Full home or international tuition plus stipend of £21,805 (INR 27.80 Lakhs) per year for 3 years | Doctoral studentship | PhD applicants across Surrey Business School research areas | Tentative January 31, 2027 (September 2027 start) |
The Studentship covers full home or international tuition for three years plus an annual stipend at UK Research and Innovation (UKRI) rates. The 2026-27 stipend sits at INR 27.80 Lakhs, paid monthly. Surrey Business School awards a handful of studentships each year across five research groups: Marketing, Finance, Accounting, Operations, and People.
Applications open in September and close by end of January. You need a research proposal aligned with a named potential supervisor. Direct supervisor contact before submission sharply improves your funding odds.
External UK Government Scholarships for Surrey Business School Applicants
Two UK government schemes fully fund Indian applicants at Surrey Business School: Chevening and the Commonwealth Master’s Scholarship.
| Scholarship | Value | Type | Who Can Apply | Deadline |
|---|---|---|---|---|
| Chevening Scholarship | Full tuition + monthly stipend + return airfare + visa costs | Fully funded one-year masters | Indian citizens with 2+ years of work experience | October 6, 2026 at 4:30 PM IST |
| Commonwealth Master’s Scholarship | Full tuition + stipend of £1,712 (INR 2.18 Lakhs) per month; £2,000 (INR 2.55 Lakhs) for London-based courses | Fully funded one-year masters | Indian citizens on development-related taught masters | October 20, 2026 at 8:30 PM IST |
Chevening covers full tuition, a monthly stipend, return airfare, and visa costs for a one-year taught masters. You need Indian citizenship, two full years of work experience, and admission to a taught program at Surrey Business School by mid-July 2027. The 2027-28 Chevening cycle closes on October 6, 2026 at 4:30 PM IST.
To apply for Chevening at Surrey Business School, you need:
- Indian citizenship with intent to return home for two years after graduation.
- At least 2,800 hours of full-time or equivalent part-time work experience.
- A UK Bachelor’s-equivalent degree, typically a 60%+ Indian Bachelor’s.
- Three UK university choices, one of which should be a Surrey Business School masters.
The Commonwealth Master’s Scholarship funds one-year taught masters in development-related fields. Awardees receive a monthly stipend of INR 2.18 Lakhs, or INR 2.55 Lakhs on London-based programs. The 2027-28 cycle closes on October 20, 2026 at 8:30 PM IST.
Neither government scheme lets you double-dip with Surrey’s major fee waivers. You must declare every offer to both funders. That said, you may still receive the Developing Countries Scholarship or Early Payment Discount alongside a Chevening award, since these are administrative rather than merit awards.
Surrey Business School Scholarships: Frequently Asked Questions
Ques. What is the largest scholarship an Indian applicant can secure at Surrey Business School?
Ans. The Surrey MBA Global Changemaker Scholarship delivers the single largest cut of INR 36.98 Lakhs, covering 100% of MBA tuition for two applicants each cycle. For taught masters, Chevening is the richest external route: full tuition plus monthly stipend, return airfare, and visa costs, worth roughly INR 45 to 50 Lakhs across a year. Among self-funded Surrey Business School awards, GREAT Scholarships India at INR 12.75 Lakhs is the top single non-MBA cut.
Ques. When should Indian applicants apply for Surrey Business School scholarships?
Ans. Chevening for September 2027 closes on October 6, 2026 at 4:30 PM IST, and Commonwealth Master’s closes on October 20, 2026 at 8:30 PM IST. Surrey’s International Excellence Award for the February 2027 entry closes on January 8, 2027. GREAT Scholarships India for September 2027 opens in early 2027 and closes tentatively on May 29, 2027. Vice-Chancellor’s Future Leaders and MBA scholarships assess candidates on a rolling basis, with a tentative July 31, 2027 cutoff for the September 2027 intake.
Ques. Do I apply separately for Surrey Business School scholarships or through my admission form?
Ans. Most Surrey awards run automatically once you submit your admission application. The Vice-Chancellor’s Future Leaders Award, Developing Countries Scholarship, and Surrey Graduate Discount all auto-consider without extra paperwork. The International Excellence Award and the three MBA scholarships need a short online form after you receive an offer letter. GREAT Scholarships India, Chevening, and Commonwealth Master’s are entirely separate applications submitted through external portals, not through Surrey directly.
Ques. What is GREAT Scholarships India and how competitive is it at Surrey?
Ans. GREAT Scholarships India is a joint British Council and Surrey award worth INR 12.75 Lakhs off tuition on any one-year taught masters starting September. The wider University of Surrey funded around 10 GREAT awards in 2026-27 across business, tech, and creative disciplines. You need Indian citizenship, an unconditional or conditional Surrey offer, and a 500-word statement linking your UK study to career impact in India. Two academic references and clear evidence of leadership push you into the shortlist.
Ques. Does a Surrey Business School scholarship cover living costs in Guildford?
Ans. Surrey’s own fee waivers reduce tuition only; they do not fund rent or food. Guildford living costs run roughly INR 1.15 to INR 1.53 Lakhs per month (£900 to £1,200) for accommodation, meals, transport, and utilities. Chevening covers this through its monthly stipend, and the Commonwealth award pays INR 2.18 Lakhs per month (INR 2.55 Lakhs in London). For a self-funded taught masters, plan to fund living costs from savings or an education loan even after winning a Surrey fee waiver.
Scholarships offered
Bharat Petroleum Scholarship
- International Student Eligible: Yes
- Amount: Variable Amount
- Type: Merit-Based
- Level of Study: Master
- Number of Scholarships: N/A
Commonwealth Rutherford Fellowship
- International Student Eligible: Yes
- Amount: $3,105
- Type: Merit-Based
- Level of Study: Doctorate
- Number of Scholarships: 50
Forktip Women’s- Innovation Scholarship
- International Student Eligible: Yes
- Amount: Variable Amount
- Type: College-Specific
- Level of Study: Bachelor
- Number of Scholarships: 10
India Postgraduate Taught Master’s Scholarship
- International Student Eligible: Yes
- Amount: $3,555
- Type: College-Specific
- Level of Study: Master
- Number of Scholarships: 5
Axol Science Scholarship
- International Student Eligible: Yes
- Amount: $2,000
- Type: Company-Sponsored
- Level of Study: Bachelor
- Number of Scholarships: N/A
Leo Murray Entrepreneurship Scholarship
- International Student Eligible: Yes
- Amount: $14,000
- Type: College-Specific
- Level of Study: Master
- Number of Scholarships: N/A
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