Theology can be simply defined as the study of religious devotion, practice, and experience. In simple language we can define theology as the study of God and God’s relation with the world. Having a profound study of religion and its disciplines can help the student to have a deep knowledge about theological subjects.
Students who would like to combine their religious faith and their profession together can have a degree in Theology. Students having a curiosity to gain knowledge about different religions can choose theology and religious studies as their majors to have a great career. There are many professional opportunities for theology students like they can become a priest, teacher, activist or writer or even can work in charitable organizations.
Students who wish to pursue their career with the help of the scholarship can fulfill their dream by availing different opportunities available here. There are different funding bodies providing financial assistance to students who wish to continue their studies with in their home country or internationally. Different scholarships are available to pursue diploma, bachelor, master, graduate or fellowships etc.  Please have a look at scholarships below-

Scholarship Program: JST Financial Awards for U.S and Non U.S Students
Employer: Jesuit School of Theology of Santa Clara University
Level of Study: Degree courses
Subjects: Theology
Country:  USA
Scholarship Description: As a private educational institution, the Jesuit School of Theology of anta Clara University (JST) recognizes that many students need financial assistance beyond their own available resources in order to meet the cost of a graduate education. To assist students in meeting their academic goals, JST offers JST Financial Awards in the form of tuition grants and special scholarships.
Scholarship Websitehttp://www.scu.edu/jst/admissions/financing/financial-awards.cfm

Scholarship Program: Master of Theological Studies Scholarships
Employer: Emory University 
Level of Study: Master
Subjects: Theological Studies
Country: USA
Scholarship Description: Full-time MTS students may receive merit awards ranging from $3,500 to full-tuition, fees, and a stipend of $3,000 per academic year. These awards are available on a competitive basis. Renewal of the award for the second year requires maintenance of a minimum cumulative grade point average of 3.00. A separate application is not required.
Scholarship Website http://www.candler.emory.edu/admissions/financial-aid/mts-scholarships.cfm

Scholarship Program:  Theta Alpha Kappa  Graduate Fellowship Award
Employer:  Emmanuel College
Level of Study: Graduate Fellowship
Subjects: Theology and Religious Studies
Country: USA
Scholarship Description: Emmanuel has a chapter of Theta Alpha Kappa, the national honor society for Theology and Religious Studies, which was founded in 1977 to encourage scholarly excellence in the field. There is a yearly induction that takes place each spring.
Scholarship Website http://emmanuel.edu/Departments/Theology_and_Religious_Studies/Honors_and_Continuing_Study.html

Scholarship Program: Bernardin Scholarship for Masters Students funded by Catholic Theological Union
Employer:  Catholic Theological Union
Level of Study: Masters
Subjects: Theology,  Biblical Ministry, Hispanic Theology and Ministry, Intercultural Ministry, Justice Ministry, Liturgy
Country: USA
Scholarship Description: The Bernardin Scholarship provides graduate theological education to those inspired by and drawn to the vision of Cardinal Bernardin. The full tuition scholarships are available to top students from around the world who are committed to preparing for ministry and leadership in service to the church and the world. Students must be accepted in the Master of Arts (Theology), Master of Arts in Biblical Ministry, Master of Arts in Hispanic Theology and Ministry, Master of Arts in Intercultural Ministry, Master of Arts in Justice Ministry, Master of Arts in Liturgy, or the Ecumenical Doctor of Ministry degree programs at Catholic Theological Union (CTU).
Scholarship Website http://www.ctu.edu/bernardin-center/bernardin-scholarship

Scholarship Program: Newman Doctoral Scholarship in Theology, Philosophy, and Canon Law
Employer: The Catholic University of Paris
Level of Study: PhD
Subjects: Theology, Philosophy, and Canon Law
Country:  France
Scholarship Description: The standard thesis preparation is three years. A written agreement between the thesis supervisor and the candidate determines the research activities during the period of the doctoral program.The Scholarship amount is 16 000 Euros per year including annual tuition fees. The doctoral agreement may be renewed twice.
Scholarship Websitehttp://www.icp.fr/en/Research/News/Newman-Doctoral-Scholarship-2012-2013

Scholarship Program: Bishop AF. Tonnos Scholarship in Health Care Ethics at Ontario Catholic University
Employer: Catholic Health Association of Ontario
Level of Study: Graduate
Subjects: Theology and ethics
Country: Canada
Scholarship Description: In September 2000 the Catholic Health Association of Ontario created the Bishop AF. Tonnos Scholarship to acknowledge the significant contribution of Bishop Tonnos to the Catholic Health Ministry in Ontario.
Scholarship Websitehttp://ustpaul.ca/upload-files/researchservices/documents/scholarships/Bishop_AF_Tonnos_2012-EN.pdf

Scholarship Program: Henry Luce III Fellowship in Theology program
Employer: The Association of Theological Schools
Level of Study: Fellowship
Subjects: Theology
Country: USA and Canada
Scholarship Description: The Henry Luce III Fellows in Theology program is designed to encourage high-quality research that promises both to contribute to theological inquiry and to provide leadership in theological scholarship. Since its inception in 1994, the program has funded intellectually rigorous research projects that emphasize the interdisciplinary character of theological scholarship and education, and address the needs of the academy, communities of faith, and the wider society. The fellowship enables each Fellow to conduct year-long research in one of several areas of theological inquiry. In addition, Fellows present their findings at a yearly conference, and in both scholarly and popular journals.
Scholarship Website http://www.ats.edu/LeadershipEducation/pages/LuceFellowsInTheology.aspx

Scholarship Program: Theology and Religion AHRC Doctoral Awards
Employer: University of Exeter
Level of Study: Doctoral
Subjects: Theology and Religion
Country: UK
Scholarship Description: The Department of Theology and Religion at the University of Exeter is a growing, collaborative, research community committed to providing an excellent interdisciplinary environment for postgraduate students. The Department has strengths in biblical studies, inter-testamental studies, Patristics, historical and systematic theology, ethics and applied theology, the philosophy of religion.
Scholarship Website http://www.exeter.ac.uk/studying/funding/award/?id=884

Scholarship Program: Saint Thomas More Scholarship at Belmont Abbey College
Employer:  Belmont Abbey College
Level of Study: Undergraduate
Subjects: History, Political Philosophy, Theology, English, Modern and Classical Languages, or the Fine Arts
Country: USA
Scholarship Description: Students, who have the courage of moral conviction and an interest in majoring in History, Political Philosophy, Theology, English, Modern and Classical Languages, or the Fine Arts, may qualify for this scholarship. Early Decision Value: $20,000 per year Recipients of this distinguished and highly-competitive award can receive up to $20,000 per year in financial assistance.
Scholarship Website http://belmontabbeycollege.edu/admissions/scholarships/index.aspx

Scholarship Program: Faculty of Arts Masters Thesis Scholarships
Employer: Faculty of Arts,University of Auckland
Level of Study: Masters
Subjects: Arts, Literature, Public Policy, Creative Writing or Theology
Country: New Zealand
Scholarship Description: The main purpose of the Scholarship is to encourage and support students undertaking a research thesis or portfolio for an approved Masters degree in the Faculty of Arts. Full or part-time enrolment in a thesis, research portfolio or project of at least 90 points for the degree of Master of Arts, Master of Literature, Master of Public Policy, Master of Creative Writing or Master of Theology.
Scholarship Website http://www.auckland.ac.nz/uoa/cs-search-for-scholarships-and-awards?form=details&detailCode=500439

Scholarship Program: National Humanities Center Fellowships
Employer: National Humanities Center
Level of Study: Doctorate 
Subjects:  Environmental studies, English literature, Art , History, Asian Studies,  Theology, Humanities
Country: USA
Scholarship Description: Applicants must hold doctorate or equivalent scholarly credentials. Young scholars as well as senior scholars are encouraged to apply, but they must have a record of publication, and new Ph.D.s should be aware that the Center does not normally support the revision of a doctoral dissertation. In addition to scholars from all fields of the humanities, the Center accepts individuals from the natural and social sciences, the arts, the professions, and public life who are engaged in humanistic projects.
Scholarship Website http://nationalhumanitiescenter.org/fellowships/appltoc.htm

Scholarship Program: McCaul Scholarship in Department of Theology & Religious Studies at King’s College
Employer:  King’s College
Level of Study:  MA,MPhil/PhD
Subjects: Theology & Religious Studies
Country: UK
Scholarship Description: One scholarship of £600 to be awarded annually by the Department of Theology & Religious Studies to continuing graduate (i.e. current part time MA students, or current full or part time research MPhil/PhD) students registered in the Department of Theology and Religious Studies, whose degree course involves significant study of Hebrew and/or the Old Testament or related literature.
Scholarship Website http://www.kcl.ac.uk/artshums/depts/trs/study/funding/mccaul.aspx

Scholarship Program: Doctoral Studentship in the School of Arts, Histories and Cultures, University of Manchester
Employer:  University of Manchester
Level of Study: Doctoral
Subjects: Archaeology, Art History & Visual Studies; Classics & Ancient History; Drama, Performance and Dance; English & American Studies; Film Studies; History; Music; Museum Studies; and Religions & Theology.
Country: UK
Scholarship Description: For UK and EU students, the main funding body is the AHRC. Manchester has been awarded among the highest number of studentships under the AHRC’s Block Grant Partnership (BGP) scheme of any UK university. AHRC awards are highly competitive and provide payment of tuition fees and a maintenance stipend for UK students, and tuition fees (and in some cases a maintenance stipend, subject to eligibility criteria) for EU students. The selection of candidates is made by the School, with final confirmation of awards by the AHRC.
Scholarship Website http://www.arts.manchester.ac.uk/postgraduatestudy/funding/fundingfordoctoralstudents/

Scholarship Program: Vice Chancellor’s Scholarship Scheme at Roehampton University
Employer: Roehampton University
Level of Study: Undergraduate and Postgraduate
Subjects: Courses offered by the University
Country: UK
Scholarship Description: Through a generous bequest from the Spain family, the Department of Theology and Religious Studies is able to award annual scholarships to its outstanding majors. The amount of the award depends on the number of eligible majors each year and the earnings of the endowment fund.
Scholarship Website http://www.sandiego.edu/cas/theo/students/spainfamily.php

Scholarship Program:  Read-Tuckwell scholarship at University of Bristol
Employer: The University of Bristol
Level of Study: MPhil and PhD
Subjects: Theology and Religious
Country: UK
Scholarship Description: The University of Bristol, Department of Theology and Religious Studies, offers a Read-Tuckwell postgraduate scholarship (for MPhil and PhD only) covering fees. UK, EU and overseas students are eligible. Any student applying for this award must be working on some aspect of Human Immortality.
Scholarship Website http://www.bristol.ac.uk/thrs/prospective-postgraduates/

Scholarship Program: PhD scholarships in theology and the study of religion
Employer: Aarhus University
Level of Study:  PhD
Subjects: theology and the study of religion
Country: Denmark
Scholarship Description: The Graduate School of Theology and the Study of Religion at the Faculty of Theology aims to attract applicants from among the best Master’s students abroad to enrol in our PhD programme at the University of Aarhus, Denmark. We offer a four-year, fully financed PhD programme in theology and the study of religion (incl. Islamic studies) at the highest international level. The annual salary for the first two years is approximately DKK 129,000 (before tax). For the final two years, this increases to approximately DKK 335,000 (incl. pension contribution and before tax).
Scholarship Website http://teo.au.dk/en/research/graduateschool/prospectivestudents/phd-scholarships/

Scholarship Program: University of Groningen Talent Grant
Employer: University of Groningen
Level of Study: Master’s Research
Subjects: Theology and Religious Studies
Country: Netherlands
Scholarship Description: A scholarship is only valid for the period the student is registered at the University of Groningen as a full time student within the time frame of the research master’s programme. The maximum study period is 24 months for this 2-year programme. 2.University of Groningen Talent Grant continuation is not guaranteed when a student changes his or her programme.
Scholarship Websitehttp://www.rug.nl/gradschoolthrs/degree/researchmaster/TalentGrant

Scholarship Program: Archdiocese of Brisbane Theology Scholarship at Australian Catholic University
Employer: Australian Catholic University
Level of Study: Postgraduate
Subjects: Theology
Country:  Australia
Scholarship Description:   Established in 1997 by the Archdiocese of Brisbane to provide support and encouragement for postgraduate study in theology. The Scholarship will have a value of $1,000. Up to three Scholarships may be awarded each year on the recommendation of a Selection Committee consisting of the Head of the School of Theology located at the Brisbane campus, the Deputy-Vice-Chancellor (Students, Learning and Teaching), and a representative of each of the Christian Brothers and the Sisters of Mercy in Queensland.
Scholarship Websitehttp://www.acu.edu.au/apply_and_enrol/how_to_enrol/scholarships_and_bursaries/Scholarships_and_Bursaries_Browser/archdiocese_of_brisbane_theology_scholarship/

Scholarship Program:  Walton Scholarships for Postgraduate Students at King’s College London
Employer: King’s College London
Level of Study: Postgraduate
Subjects: Theology and Religious Studies
Country: UK
Scholarship Description: The Department of Theology and Religious Studies offers two postgraduate scholarships, the Walton Scholarships. 2. The aims of the Scholarships are to assist students of excellent academic calibre to continue their training beyond a first or masters degree and to attract high quality applicants to undertake MA programmes or to undertake or continue research MPhil/PhD programmes at King’s College London within the Department of Theology and Religious Studies.
Scholarship Website http://www.kcl.ac.uk/artshums/depts/trs/study/funding/forms/Waltonguidelines2012.pdf

Wishing you Success..!

Ginni Juneja