When you apply for Visa, financial statement / documents are one of matter of importance to produce adequate funds available to meet your education and living cost , which may include Scholarship , Grants , Bank Loan , Private Funding . A well planned and managed finance will make your gateway to study abroad a smooth sail. You also need to keep in consideration usually universities in countries like: UK, Australia, New Zealand do not offer scholarships of financial grants. The University Funding is only possible in USA.
However the globe is open for you and you can apply anywhere, there are many countries have flexible approach towards international students for giving financial assistance to International students.
It’s well known fact , that , abroad education is very expensive affair , University Fee , Living Cost and many unplanned expenses need to be met , we advice to start working on finances also when you start applying for admission abroad .
US Universities have different ways to provide financial assistance to international students like: Assistantship , Fellowship and Scholarship depending on the course or specialization you choose . Other countries will ask for outside funding or other means of financial assistance.
Its merit based and depends on the course student has choose also every university has different requirements for assistantship. At Undergraduate (UG) level: It has been observed that it’s very tough to get it Masters or Graduate level: For Business Management courses like MBA normally universities don’t offer assistantship, many business schools offer scholarship based on merit. For Students perusing MS its preferred to go for assistantship.
It’s purely based on merit with extra ordinary achievements in their profile. This is available for both students of UG and PG level.
There are some organizations and trust who offer financial assistance to Indian students to study abroad and student can contact them to check criteria for scholarships offered by them:
As scholarships are offered to very selective merit students, education loan is alternative to meet your funding requirements Grad Ark Counselor will guide you and assist for education loan application process.
