Taiwan's been trying to encourage foreign students to come and study in Taiwan and the number of scholarships offered are increasing. I'm studying in Taiwan with the Nationcal Science Council scholarship and have been contacted a few times with questions regarding the scholarships available for foreigners in Taiwan. Following is a compilation of the information I know of.

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The best source is the Study in Taiwan website : http://www.studyintaiwan.org/taiwan-scholarship/taiwan_scholarship.htm

The scholarship that I have is the National Science Council scholarship of the 4 Taiwan scholarships mentioned here : http://www.studyintaiwan.org/taiwan-scholarship/ScholarshipProgram.htm

This will help with about 25000-30000NT$ for a period of two-four years.BUT, there are other scholarships available directly from the universities as well, especially the big ones. The Taiwan government is trying to encourage foreign students to come to Taiwan.

Here are some of the university specific scholarships I know of :

NTU - http://www.ciae.ntu.edu.tw/Chinese/Foreign/international/scholarship_eng.asp

Their special scholarship - NTU has 2 different types of scholarships offered ONLY to graduate students. They are International Graduate Student Scholarship and NTU International Graduate Students Support Funds (Tuition / Sundry Expenses Waiver). Applicants do not need to submit any additional application, but indicate at the NTU international student admission application form.

NCTU Business school - http://www.icom.nctu.edu.tw/admission_1.aspx

Applicants can apply for "NCTU International Student Scholarship". If approved, the tuition coul be waived and applicants could also receive financial assistants from NT$10,000 /month. up to NT$20,000 /month. (This will need to be reapplied annually).

NCKU Business school - http://www.imba.ncku.edu.tw/phd_program/admissions/feesandfin.htm (I'm not sure whether this is available for MA students)

A total of 30 admitted international students for Doctoral Program will be granted a four-year scholarship, which includes free tuition and dormitory fee, plus US$ 300-500 assistantship monthly during the study period.

Tsing Hua - http://my.nthu.edu.tw/~exten/english/PS_scholarships.html

Tsing Hua International Student Scholarship (Tsing Hua ISS) is guaranteed to be awarded to graduate students for the first year study in the National Tsing Hua University. Tsing Hua ISS will be offered to those without Taiwan Scholarship or other scholarships given by any government body.

• First year Ph. D students can get scholarships worth to NT$20,000/per month for one year.
• First year students in pursuit of their master degrees can get scholarship up to NT $10,000/per month for one year.
• For detailed information regarding the scholarship, please refer to http://my.nthu.edu.tw/%7Eocfso/foreign/

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If you know of any other scholarship information, please comment here with the updates,