Most students worry about paying back the education loan they took on when they decided to study abroad. As an international student, he/she need to remember that if you are meritorious enough you don’t need to apply for a loan. You can apply to the scholarships available at the university you are applying to. Edubrix on your behalf gets in touch with the financial aid department of the colleges of your choice and discuss the options available to you.
A scholarship to a foreign college is a monetary award given to academically gifted students. This amount could be used toward the tuition expenses, additional expenses of the program such as air travel, course books, and accommodation. There are some scholarships where the students need to apply, and some scholarships don’t need an additional application. Some scholarships tend to be competitive, while others could be underutilized.
Grants and scholarships are a great way to reduce your overall expenses on overseas education. A common misconception among candidates is that there are no scholarship opportunities available for international students. Well, that’s not true. Governments and universities around the world value high performing students and have many scholarship programs designed to attract the best and the brightest minds in their country.
Types of scholarships available
There are various kinds of scholarships available for every kind of student, majorly categorised as:
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Based on a student’s academic record or extracurricular activities such as achievements in sports and service to the community.
Students who qualify based on factors such as gender, race, religion, family, women in male-dominated industries, LGBT scholarships, students with disabilities, and medical history can apply to such scholarships.
Several public authorities, governments or universities grant bursaries and funds to students from a particular country. For instance, scholarships offered by the Ministry of Foreign Affairs and Trade of New Zealand or the Chevening fellowship granted by the UK Government for international students from Commonwealth countries.
Certain universities and institutions award grants to students who plan to pursue a specific field of study.
Targeted towards students facing financial constraint, these scholarships are offered on the basis of your parent’s financial background. Authorities may ask the students for documents such as family income, tax statements, employment proofs, etc.
Provided to top-notch sportsmen, these scholarships require you to contribute with rigorous training and representing your university at events whilst balancing your education.
Early Bird scholarships:
Provided to aspirants who apply early and accept the offer letter much in advance. These kind of scholarships are usually provided by private universities
Teacher Assistantship/ Research Assistantship: