Deadline: July 9th at 3pm EST
International Student Loan and International Student have combined forces during the month of July to bring you three great chances to win $100! Yesterday the Financial Aid Fun contest was announced and today question 1 of the Financial Aid Fun Contest released! All you need to do is find the correct answer to the question (you can find help here), then post the correct answer either to this blog or one of the following:
If you submit the correct answer you’ll be entered into the drawing to win $100! You only have until July 9th at 3pm EST to submit your answer, so make sure you post your answer as soon as possible!
The question you must correctly answer is:
What is a co-signer?
Time is limited so start searching now and post your answer before the deadline. If you aren’t the winner this week make sure you come back next week. There will be a new question posted, meaning a new chance to win $100!
If you missed the announcement of the winner for the first question- here he is:
“A cosigner is someone who guarantees that if the borrower cannot pay back the loan, they will be legally responsible to pay back the debt. In other words, the cosigner is taking on a huge responsibility for the international student loan or study abroad loan since they are being asked to accept the responsibility of paying back the total loan amount plus any interest.”
Congrats Islam! For those who did not win, don’t worry, just answer our next question for a chance to win!
Funding your education doesn’t have to be impossible if you don’t have the money on hand. There are thousands of scholarships out there designed for international students – you just need to know how to look and what you need to include to make your scholarship application standout. This Friday, May 23 at 11 am EST, our partner InternationalStudent.com will be putting on a live hangout on How to Find a Scholarship.
Topics will include:
- Where to look for an international scholarship
- How to apply for a scholarship
- Tips and tricks to increase the likelihood of getting the award
Scholarships are essentially financial awards that do not need to be paid back, and because of this, they can be competitive. Tune in this Friday to increase your odds of getting picked. Here’s how:
- Step 1. Sign up and reserve your spot.
- Step 2. Set a calendar reminder so that you can tune in.
- Step 3. Watch live.
It’s that easy! At the end of the Hangout they will take any questions you have so make sure you have all of your questions ready. Hope to see you there!
If you need an international student loan for the semester, you have a few more months to prepare! That’s why tomorrow, Wednesday, at 3pm EST, International Student Loan will be hosting a free Google Hangout to answer all of your questions. Join them to learn about international student loans including:
- What you need to apply
- Requirements for approval
- What to expect during the process
They’ll be available to answer all of your questions when it comes to your international student loan, so don’t miss it! To join the Hangout live, all you need to do is:
- Sign up for the Hangout
- Bookmark the page
- Set a calendar alarm for 3pm EST on Wednesday, May 21st
- Get your questions ready
- Join us live!
Want to see previous hangouts? Check out International Student Loan’s YouTube page where you can find videos on all things financial aid for students studying abroad.
Writing a scholarship essay is, perhaps, the most important—and often, most daunting—step for any student looking to win a scholarship. Judges must assess applicants quickly and will already know your basic information/details from the rest of the scholarship application. That being said, the essay is your chance to stand out as an applicant and tell the judge(s) exactly why you’re the ideal recipient for their award.
And, as any experienced essay writer will tell you, an outstanding essay begins with a well-formulated outline.
There aren’t specialized scholarship essay outlines per se, rather, scholarship essays are organized much like any other essay. However, there are a number of key features the scholarship essay must convey to the judge, and these features are important to keep in mind when planning.
Scholarship Essay Important Features to Remember
- Don’t just reiterate the basic information in your profile (the judge(s) already have access to that), identify yourself as the ideal recipient of this particular scholarship
- Give a personalized response, specifically tailored to each individual scholarship
- Remember who the judges will be. Who offers the scholarship? What are they looking for in a candidate? Don’t just respond to the topic, write for your audience and highlight the desired qualities in yourself!
As there aren’t specialized formats for scholarship-specific essays, any traditional outline format will do (Interchanging numerals and letters for major points and supporting details, for example).
- Idea 1
- Supporting statement
- Supporting statement
- Idea 2
- Supporting statement
The only particular thing to remember is you are planning more than a mere response to the provided prompt—you are planning a way to sell yourself as the ideal candidate for the scholarship while responding to the prompt.
An Example of a Better Response
When planning, it is important to remember that there are better and worse ways to respond to a scholarship provider’s prompt while simultaneously selling yourself as the ideal candidate to receive the award.
Outlining and planning your scholarship essay is the most valuable asset in crafting a formidable response—a response that needs to both answer the provider’s question while setting you apart from a group of similarly qualified applicants.
BAD: “I am a very hard worker.”
BETTER: “At my current job, there are often extended lulls in the workload. During those lulls I stay busy by finding things in the office that still need to be done and taking care of them. Rather than sitting around or waiting to be told what to do, I refill paper trays, tidy up areas that have become cluttered throughout the day, and otherwise take initiative to improve the workplace and assist my co-workers.”
Scholarship Essay Outline Recap:
- The scholarship essay is the best means for a student to distinguish themselves from other applicants and procure a scholarship
- Creating a detailed outline and planning your response is the best step a student can take to write an impeccable scholarship essay
- When planning responses, students should write for their audience—highlight the qualities the scholarship provider is looking for!
- Any traditional outline format will do (numerals, letters, etc) as there is no specialized scholarship essay outline format—it’s not important what style the outline is, only that there’s an outline!
Going off to college on your own isn’t easy – let alone off to college in a whole different country. It’s an exciting and scary time, a chance to be independent and do what you want, when you want. But then it is also a chance to deal with all of the responsibilities as well – including managing your money!
No matter where your studies take you, studying overseas is expensive when you consider that you will probably pay more in tuition, and that you’ll have to consider other costs such as your living expenses, travel, etc.
You won’t want to miss this Google Hangout focused on Budgeting for International Students. In this Hangout, they will be sharing the ways that you can improve your budgeting skills so that you can do all the must-do’s while you are studying overseas!
How Do I Join?
This week’s Google Hangout is free for all students! Simply sign up, set a calendar reminder, and attend the hangout this Wednesday at 2:00 EST. Be sure to check your local time so that you don’t miss it!
How Can I Join the Conversation?
You will not only learn more about budgeting from a Financial Aid Representative, but you’ll also get a chance to join the conversation and get your questions answered. Here’s how:
- Follow International Student Loan on Twitter @intstudentloan and join the conversation at #FinancialAidTalk
- Like International Student Loan on Facebook and add your comments
- Ask your questions during our Google Hangout and be sure to plus them at +InternationalStudentLoans
Questions and Comments?
International Student Loan will be available after the Hangout to get all your questions answered in real-time. Be sure to stick around and join our social channels to get your questions answered – and see what other international students are saying!
While there are many sources of financial aid, scholarships are by far one of the best ways a student can offset some of the costs associated with pursuing a degree. That being said, most scholarships require students to write an essay in response to a provided prompt.
The scholarship essay is typically the biggest hurdle students face when applying for scholarships, so we will explain why the scholarship essay is actually the best opportunity for students to secure the scholarship, then we will provide some important tips to keep in mind when doing an effective scholarship essay all of your own.
The Essay is a Great Opportunity for Applicants
The essay is one of the most important components in a scholarship application because it helps the scholarship provider to narrow down their choices from a range of applicants that meet the application criteria (and, typically, most people applying will have similar academic standing, extra-curricular activities, interests and goals). That being said, the essay is also the best opportunity for students to differentiate themselves from the other applicants, and really catch the attention of the scholarship provider.
Essay Writing Tips
1. Tailor each response to the particular scholarship
It’s important that you not only directly respond to the prompt given by the award directions, but remember who the organization is: Who are they specifically looking to give the scholarship to? What qualities are they looking for in a recipient? Try to highlight those qualities in yourself while staying on topic.
Make the essay passionate enough to stand out, personal enough to distinguish yourself as the ideal recipient, and directly tailored to the provider—write (eloquently) for your audience!!
2. Have someone else edit/proofread
The last thing anyone wants to do after writing a personalized essay that can make or break their application is read it over again (and over again, and over again). Plus, it is just general good proofreading practice to get a second set of eyes to edit a document. So, edit the paper yourself, then have someone else proofread and suggest edits in addition. Better safe than sorry!
3. Remember all the standard essay qualities
In addition to distinguishing yourself as the ideal recipient of whichever scholarship it is you’re applying for, the scholarship essay also has to demonstrate your writing abilities. As important as the content, the ability to write effectively is a major criterion for providers. Remember to plan your response ahead of time, use proper grammar, and demonstrate your mastery of language (but not at the expense of being clear or concise!).
Check out our most recent Google Hangout where we gave you tips on writing your scholarship essay:
A few weeks ago, the British government introduced its new International Education Strategy, the goal of which is to attract an additional 90,000 university students from overseas by 2018. According to the report, the education exports industry—which includes everything from tuition paid by international students to the overseas branches of British schools—adds £17.5 billion, or $26.5 billion, to the national economy.
The United Kingdom wishes to increase partnerships with other countries, encourage more British students to study overseas, and expand the Chevening Scholarship program, which finances foreign students studying in Britain. Business Secretary Vince Cable said in a statement, “Overseas students make a huge contribution to Britain. They boost our economy, and enhance our cultural life, which is why there is no cap on the number of legitimate students who can study here.”
Research suggests that as many as a third of the educational institutions in Britain, including some of the country’s finest, will recruit more students from outside Britain and the EU this year, continuing an already established trend. In the last ten years alone, the proportion of international students recruited to British universities has doubled. In fact, half of all students enrolled in postgraduate courses are now foreign. Read the rest of this entry »
InternationalStudent.com has launched their 8th Annual Travel Video Contest! Like in past years- the contest is open to students who would like to study outside their home country, as well as to students who are already studying abroad and would like to take a trip.
Eligible individuals can enter their short video into the contest from September 3rd through October 23rd. The finalists will be announced the week of October 28th and the winners will be announced the last day of International Education Week: November 15th.
One grand prize winner will receive $4,000 toward their travels abroad along with their very own blog to document the trip on InternationalStudent.com! Keep in mind that judges want to hear about more than where you want to go and why you need the financial help to get there. To be the 8th InternationalStudent.com Travel Video Contest winner you will need to tell your story in such a creative and original way that it’ll make the judges want to watch your video on repeat! Just keep in mind that your video must be less than 5 minutes and you must be over the age of 18. Read the rest of this entry »
According to a recent study by HSBC, Australia, the USA, and the UK are the three most expensive countries for international students. The study was done on data available on higher education in 13 countries around the world.
The UK was the third most expensive country overall, with annual fees of $19,291 and living costs of $10,177.
HSBC spokesperson Malik Sarwar commented, “”Those who wish to educate their children overseas need to consider more factors than simply tuition fees, such as living costs, exchange rates and inflation in their estimates of total costs. On average, living expenses can comprise at least a third of total costs and parents need to budget for travels back home during school holidays. As such, there is a need for parents to ensure their children’s education forms an important part of their financial planning.”
According to new research, international students in the UK are being charged up to four times as much for some degree courses than students from the UK. In some cases, international undergraduate students are being asked to pay up to £35,000 for their courses. Read the rest of this entry »
That’s right, if you are currently studying outside your home country – or if you want to study abroad, you have the chance to win $4,000! The 2012 Travel Video Content hosted by InternationalStudent.com has just opened allowing you to submit your video with the opportunity to add $4,000 to your travel budget.
As the 7th annual Travel Video Contest, this could be your year to win! To enter, submit a video of less than 5 minutes explaining why you want to study or travel abroad! If you are currently abroad, then talk about a trip you’d like to take and why.
Check out previous winners to get those ideas flowing, and submit your video before the deadline, October 31st. The winner of the Travel Video Contest will be announced on the InternationalStudent.com website the week of November 12-16, International Education Week.
In addition to the grand prize of $4,000, the winner will get their very own blog on International Student to document their trip and share their experience with viewers. This blog will start immediately after the winner is announced, and will continue through the trip until return to school. For more information, check out the Travel Video Contest for rules and regulations, to see previous videos, and learn how to submit your video.
Good luck to you all!
* Professional Video Camera picture thanks to Shutterstock