Funding Options for Overseas Education


Funding options for overseas education

More and more international students are moving abroad in the pursuit of world-class education and global recognition by pursuing a foreign degree certificate. Indians are not an exception in this.

The number is increasing year after year due to 2 reason, primary being the craving of a foreign degree to upgrade oneself and the secondary being the funding options for overseas education as it is not that economic as the number of international students studying abroad shows.

The 2 most common and religiously helpful options to fund foreign education are listed below.

1)      Scholarships for overseas education

2)      Education Loans for studying abroad

There are numerous scholarships that cover 50-100% tuition fee of the academic program. In this article you will get information regarding the numerous scholarships granted by the Indian Government and scholarships from abroad universities for international students as well.

Have look at the list below:

  • EBC & OBC Students - Dr. Ambedkar Scheme of Interest Subsidy
  • Minority Community Students - Padho Pardesh Scheme of Interest Subsidy
  • SC Students - National Overseas Scholarship for Scheduled Caste Students
  • ST Students - National Overseas Scholarship for Scheduled Tribe Students

Apart from the scholarships offered by Indian Government, there are multiple foreign universities offering scholarships for the eligible international students to help them fulfil their study abroad dream. These scholarships vary in different ways though.

Not all scholarships are created equal. Let us see how they are different and what all the scholarships cover.

 

Some scholarships are in the form of

  • Tuition fee waivers only
  • Some only cover living expenses
  • Some offer a partial cash grant
  • Few covering - Tuition Fee, Living Expenses, Travel Costs, Book Allowance, Insurance
  • Fully funded scholarships provide everything required to pursue higher education

Have look at the list below of varied country specific most popular scholarships to study overseas by abroad universities:

  1. USA

·         American University (USA)

·         Amherst College (USA)

·         Cornell University (USA)

 

  1. Canada

·         York University

·         Lakehead University

·         Brock University

·         Trent University

·         Dalhousie University

·         University of Regina

·         University of Waterloo

·         New York Institute of Technology

 

  1. Australia

·         Monash University

·         La Trobe

·         Australian Catholic University

·         Macquarie University

·         Curtin University

·         Griffith University

The Universities, State and Central Government altogether offer umpteen number of scholarships for Indian students to pursue their higher education abroad without any hinderance. So, now it completely depends on you to score well and make yourself eligible for these scholarships.

Hope this article was helpful.

Keep looking out for this space to know information about foreign scholarships, education loans and study abroad destinations as well.

See you soon!

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