If you are willing to give your career the right path, direction and better growth opportunities, then, studying in a foreign University is a great option for you. You’ll be getting the experience of a lifetime, better education facilities, broad exposure and a lot more memories to cherish. But, as cheerful as it may sound, the reality will always reach you something you need to. And in this case, it is about the expenses that you’ll have to meet in your studies abroad.
You are going to a whole different country to study for a good duration and along with studies, there are a lot of other expenses as well like house, travel, books, trips etcetera. And to make your foreign studies abroad, you must contribute yourself to all these activities also. Now, the question comes how you can study abroad if you don’t have the required funds. Don’t worry, we have got you the right measures you can take in order to pursue your studies in a foreign University.
- Education Loan Facilities – This is a very good facility for all the study abroad aspirants and the process is quite accessible as well. The student firstly has to secure a seat in the foreign University to avail the benefits of education loan. And that’s how, the criteria for admission changes from college to college. You have to qualify the entrance exam of the college and then you will be issued the acceptance letter by the college. And this letter will help you in getting your loan sanctioned.
- Scholarships and Grants – Another great way for the assistance in your foreign education is scholarships and grants. These scholarships can either be merit based, caste based or financial status based. But most of the colleges take the academic performance of the student into deep consideration. The student must have a good report. Plus, the student must also have passed the entrance exam held by the college separately or the college may also accept IELTS score as the criteria. Apart from these, you’ll also find plenty of government funded like Nehru Scholarship, private funded like Tata Scholarship for help of the Indian students.
In order to know more about the scholarships that are specific to your University only, you should visit the website of the institution and you can also take help from the education consultants available.
- Other Things to Consider – Now that you have all awareness about the resources available for your financial help, there are a few things which can help you gain some stability in your expenses abroad.
The first one is to choose your college cautiously. Choose such a college and country where the expenses are quite less. Israel, Italy, Australia etcetera might be a better option than USA, UK or Canada in such scenarios.
You can also work along with your studies to have your other expenses sorted. The foreign University will fetch you ample time to invest in a part-time job or freelancing. You should use it well and save it for the repayment of loan purpose.
So, these are a few resources and ways through which students like you can pursue their foreign studies without having ample funds.