How to Score the Best Study Abroad Scholarships
Guess what, abroad education is not unaffordable anymore. So, don’t let the cost of abroad education bring you down. You can nullify this notion that abroad studies is unaffordable. You can apply to the already available umpteen number of studies abroad scholarships and grants out there!
Scholarships are not less than smart saving. Mixing these tactics with financial aid means that you’ll be able to easily achieve your study abroad goal.
Read on to know how to score the best study abroad scholarships and the best foreign universities offering scholarships.
Ask for Help
The thumb rule is not to hesitate from asking information from all the knowledgeable and directly connected people in study abroad field. You can ask about the scholarships, grants, the means to apply, success rate and the eligibility criteria from your university’s study abroad office, your professors, the financial aid office, and your academic advisors. To know more in depth about how to get a scholarship to study abroad, you can go in-person to these offices to ask for advice.
Thorough Research
You have a scope of getting more financial aid to study abroad, if you apply for more and more scholarships. You can start your research online by checking your desired university page, desired country’s government scholarships and private scholarships as well. Apart from abroad scholarships, there are multiple scholarships available in India for students to study abroad.
Location oriented Particular Grants or Scholarships to Study Abroad
To encourage students to study in specific countries, or even certain cities these scholarships or grants are created. You can start checking this once you have shortlisted your study abroad destination.
Course-Specific Particular Grants or Scholarships to Study Abroad
To students who decide to study abroad through a particular program for them these scholarships or grants are often offered. This could be through a particular program crafted by your university or the independent study abroad provider as well. Students who want to pursue that particular course, only the are qualified to apply for scholarships.
Now, it is clearly known that there are definitely Scholarships available as the financial aid but, along with that Education loans are good and sure shot alternatives of financial aid which also provides tax benefits as well. To help students pay for post-secondary education a student loan is a loan product designed specifically to also assist for the associated fees like tuition, books, supplies, and living expenses. Study abroad loan differs from general loans in terms of interest rate and the repayment schedule may be deferred while the student is still at the school.
Benefits of Availing a Study Abroad Loan
Sometimes to fund the student’s education the savings and family income may not be enough. In such cases you can always avail a student loan from private or public banks and non-banking financial companies (NBFC) as well. By availing the study abroad loan you can stay rest assured of fulfilling the university education cost without any sort of financial hindrances.
The unnecessary talk and perception of study abroad loans being a debt is actually wrong since it is an investment on yourself as you are pursuing higher education of which you will get immense returns in future. You can always take assistance for overseas education loan process.
Scholarships are like a silver lining on the dark cloud, but education loans are the way to avoid dark clouds. So, both are equally necessary and important to have a smooth and hassle-free study abroad process.
