The short answer to the question is: yes. The simple fact is that studying abroad can be costly, and most students do not have the money to pay in full. For this reason, most people will look into student loans as a possible option for paying for school expenses.
Since study abroad is an official academic program set up by your school, your student loan can be used to cover any of the associated costs. This could include airfare, room and board, tuition, and other related expenses. Studying abroad brings a lot of opportunities with it and should not be hindered by financial limitations.
You should keep in mind a few things if you are thinking about using student loans to finance your education abroad. Let’s explore what you need to know in a little more depth.
As we mentioned earlier, studying abroad can be an expensive venture. Some students will have the resources to come up with a large sum of money, but most will not. For this reason, students need to look into student loans as a possible option when it comes time to pay their way through school.
If you want to study in developed countries like the U.S. and UK, it is not surprising that the tuition fees are expensive. Even the living cost can be very high in these countries. For example, the tuition costs for studying at Harvard is $38,891 per year, while Oxford University’s one-year course fee is around the £18,000 mark (more than $29,000).
Therefore, it makes sense to look into student loans as a possible option if you want to study abroad in such countries.
There are two types of student loans – Federal Student Loans and Private Loans.
Federal loans are the loans that are offered and regulated by the United States Department of Education. These loans are typically offered to students who cannot afford to pay out-of-pocket for their education and living expenses. Federal loans are usually offered at a lower interest rate than private student loans.
Private loans are offered by private lenders, such as banks and credit unions. These loans usually have a higher interest rate than federal loans, and they also come with a range of fees. The United States Department of Education does not regulate private loans. They are controlled mainly by private organizations like banks and credit unions.
When it comes to comparing Federal Loans and Private Loans, here are some of the differences between them.
Typically, private loans have a higher interest rate than federal loans. The interest rates vary from 3% to 12%, depending on the borrower’s credit score, among other factors. Federal Loans are offered at an interest rate that the government determines. The current interest rate for Federal Loans is 4.29%.
Private lenders usually have a range of fees, which can include an origination fee, a late payment fee, and a prepayment penalty. Federal loans do not come with any origination fees, late payment fees, or prepayment penalties, as they are considered non-profit loans.
Private student loans typically require a cosigner. A cosigner is a person who agrees to be responsible for the loan if the borrower cannot repay it. And if you are applying for study abroad loans, it is essential to have a cosigner with a good credit score unless you are lucky enough to be approved for a loan without a cosigner. Federal loans do not require a cosigner.
Private lenders typically offer a range of repayment options, including deferred payment, interest-only payments, and graduated repayment.
Federal loans do not have any eligibility criteria for income level or geographic location. They are not affected by the ability of the student to repay the loan or find a job after graduation. They mostly look into students’ academic history and credit scores. On the other hand, private student loans have very stringent eligibility criteria that are based on the credit score of the borrower and cosigner, as well as the borrower’s income level.
Private international student loans usually offer a higher loan amount than federal loans when it comes to the loan amount. The annual limit for Undergraduate students is $12,000-$15,000 and $55,000-$60,000 total in federal loans. Graduate students can borrow up to $20,000-$22,000 annually and $135,000-$ 140,000 total. When it comes to private students loan borrowing, you can almost double the loan amount.
One of the most significant differences between a private student loan and a federal student loan is that personal loans typically have stricter repayment options if the borrower defaults on the loan payments. In the case of Federal Loans, there are no such repayment options, and the government can even garnish the borrower’s wages.
Now that you know some of the differences between Federal Loans and Private Loans, it is essential to decide which type of loan is best for you. Private loans can be expensive and come with a lot of fees. Also, if you default on repayment, private lenders have more stringent repayment options. If you want to save money on interest rates and smaller or no fees, federal loans are the way to go.
However, keep in mind that there are stringent eligibility criteria for federal loans compared to private student loans. You must have a good credit score and meet the income level requirements. So, if you want to study abroad and do not have a perfect credit score or do not meet the income level requirements, you might want to consider getting a study abroad loan from a private lender. A cosigner with a good credit score can help you get a better interest rate as well.
Yes. You can take both federal loans and private loans to study abroad. However, remember that you need to have a cosigner for any private loans you want to take, as they have stringent eligibility criteria.
As we mentioned before, federal loans only offer a limited amount of money for students studying abroad. And sometimes that amount is not enough. So, in that case, you can take a study abroad loan from a private lender. For example, you can use the federal loan towards your tuition fee and the private loan towards the living costs.
Before taking a study abroad student loan, there are a few things to consider. If you are not sure whether it is the right decision for you, here are a couple of points that can help you make that decision:
1. Double check if you qualify for any scholarship, financial aid, or grant for studying abroad.
2. Make sure that you understand your private student loan repayment options.
3. Make sure to read all the terms and conditions of your loan before signing on the dotted line. Please do not take it lightly!
4. Increase your credit score so that you can increase your chances of getting a reasonable interest rate on your student loan.
5. Make sure that you do not borrow any more money than you need to study abroad.
6. Do not think of a study loan as a free ride to have fun during your stay overseas. You still have to pay it back with interest!
Studying abroad is the dream of millions of students around the world. But the costs associated with studying abroad make it difficult for students to fulfill their dreams. If you are one of those students, getting a student loan is the key to making your dream a reality. This article will help you understand everything you need to know about getting a student loan to study abroad.
Getting an engineering degree is the dream of millions of future engineering students and high school students. A good engineering degree offers a good sum of money and the opportunity to work in the best companies around. It makes it very attractive for college students who want to pursue a secure and well-paid career.
The best of engineering is that there are a lot of streams to choose from such as civil engineering, mechanical engineering, chemical engineering, computer engineering, and so on. So, a lot of students who have diverse interests can find their best fit within this field.
However, the cost to study for an engineering degree can be very high. So, it is very important that you think about getting an engineering scholarship to lower the cost of your degree and accomplish your career dreams at a faster pace. In this article, we will be discussing the importance of engineering scholarships and how to get one.
An engineering scholarship is a financial aid that is offered to students who are studying engineering. The scholarship can be in the form of a tuition waiver, money, or a combination of both.
The scholarships are offered by different organizations such as universities, colleges, private companies, and government organizations. The scholarships can be for any level of students, from undergraduate to postgraduate students. The scholarships are also offered for different streams of engineering, such as civil engineering, mechanical engineering, electrical engineering, and so on.
There are many reasons why you should consider getting an engineering scholarship. Some of the most important reasons are
One of the biggest reasons why you should get a scholarship is that it can reduce the cost of your engineering degree. It can even make it completely free. Many engineering scholarships offer a full tuition waiver, which means that you don’t have to pay any money for studying at the university. This will significantly lower your expenses and allow you to save a lot of money, which you can use for other things such as traveling or buying a car.
Another important reason to get a scholarship is that it boosts your career prospects. Many companies have a great interest in students who can graduate without having any student debt. This means that you will be more likely to get a job offer from these companies because they know that they don’t have to worry about paying off your student loans.
One of the main reasons why universities offer scholarships is to attract bright students. This means that by getting a scholarship, you will be showing the university that you are an intelligent and talented student. This can give you an advantage over other students when it comes to getting admission into a good engineering school.
There are different scholarships that are available for both undergraduate and graduate students. Here are some of the most popular scholarships that are available
The American Society of Civil Engineers is one of the most prestigious engineering organizations in the world. They offer a scholarship that they call the ASCO Engineering Scholarship Program. Under this program, $5,000 scholarships will be awarded to deserving students.
The American Society of Heating, Refrigerating, and Air-Conditioning Engineers offer a scholarship program that is open to undergraduate and graduate students. The scholarship offers $2,500 to the students who are chosen. The scholarship offers both for your financial and personal growth needs. You will need a 3.0 GPA and you have to be among the top 30% of students to be eligible for this scholarship.
This scholarship is offered by the American Society of Mechanical Engineers and is open to undergraduate students. The scholarship offers $3,000 to the students who are chosen. The scholarship is for students who have a 3.0 GPA or higher and who are majoring in mechanical engineering
The Donald and Barbara Mozley Scholarship is offered by the National Society of Professional Engineers. Eligible students can get up to $5,000 per year to pay for their college expenses. You have to be a high school senior or a graduate student with a 3.5 GPA or higher to be eligible for this scholarship.
The Edward D. Hendrickson/SAE Engineering Scholarship is one of the most prestigious scholarships that are offered by the Society of Automotive Engineers. Under this scholarship, students can be rewarded up to $20,000 for their college expenses. The scholarship is open to undergraduate and graduate students who are majoring in automotive or aerospace engineering.
The IEEE Power & Energy Scholarship is offered by the IEEE Power & Energy Society. This scholarship is open to both undergraduate and graduate students who are majoring in power engineering, electrical engineering, and other related fields. The scholarship offers $3,000 to the students who are chosen.
The SAE Engineering Scholarship is offered by the Society of Automotive Engineers. This scholarship is open to undergraduate and graduate students who are majoring in automotive or aerospace engineering. The scholarship offers $2,500 to the students who are chosen. You have to be among the top 20% of students at your university to be eligible for this scholarship.
The Society of Automotive Engineers also offers a scholarship program open to undergraduate and graduate students who are majoring in mechanical engineering. The scholarship offers $2,500 to the students who are chosen. You have to be among the top 20% of students at your university to be eligible for this scholarship.
International students also have the opportunity to get scholarships for studying abroad. Here are some of the best Engineering scholarships that are available.
This UK-based scholarship is open to students who are studying an engineering-related course at a UK University. They have been offering scholarships to students for more than 30 years. Eligible students can be offered for their entire or partial college expenses.
The Bernard M. Gordon Prize is awarded by the National Academy of Engineering to graduate students who are studying engineering for more than 5 years already. The scholarship offers $15,000 to each student annually. Eligible students must have an outstanding research career and offer promising solutions to problems that need quick responses. You must be among the top 5% of your graduating class to be eligible for this scholarship.
This scholarship is offered by the David and Lucile Packard Foundation for undergraduate students who are planning to study science, technology, or engineering. The scholarship offers $5,000 per year to the students who are chosen. Eligible students must have a high GPA and financial needs.
The ExxonMobil Bernard Harris Math and Science Scholarships are offered by the Exxon Mobil Corporation in order to encourage African-American students to study math, science, or engineering in college. Under this scholarship program, up to 300 students can be awarded $10,000 per year. The scholarship is open to high school seniors and college freshmen who are majoring in math, science, or engineering.
The Gates Cambridge Scholarship is one of the most prestigious scholarships that are offered by the University of Cambridge. This scholarship is open to students who want to study at the University of Cambridge. The scholarship offers up to $5,000 for each student annually. Eligible students are those with outstanding academic records and future leaders who have the potential to make a difference in their communities back home.
Applying for scholarships can be a daunting task, but with the right tips, you can make the process a lot easier. Here are some tips that will help you during your scholarship application process.
One of the best ways to make your scholarship application stand out is by listing your achievements. Think about all the awards, leadership positions, and notable accomplishments that you have received so far. Also, list down your relevant skills and experience to strengthen your application.
It is also important to check if there are special requirements for your chosen engineering scholarship. Make sure that you meet all the eligibility requirements before you start applying. This will save you time and effort in the long run.
The scholarship essay is one of the most important parts of your application. Make sure to start drafting it early so that you can revise it multiple times. The essay should highlight your achievements, experiences, and reasons for wanting to study at your chosen university.
One of the main requirements for most scholarships is a high GPA. So applicants must focus on their academics and get good grades. If your grades are high enough, your 80% job is already done. Now you just have to work on the other parts of your application.
You might feel nervous about applying for scholarships, but you should always be confident during the process. Remember that you deserve to win a scholarship because you are academically smart and motivated. If you believe in yourself, others will also believe in you too!
Millions of students from other countries apply for international colleges every year. In the USA alone, more than 2 million applications are received annually by about 3.4 thousand colleges and universities. Studying in an international college brings a lot of benefits to foreign students. Better education, professional development, learning new things and culture, better job opportunities, and many more.
But everything good comes with a price. On average, international students pay around $20,000 in tuition fees. Then there are living costs, study materials, food costs, transportation costs, accommodation costs. All these costs add up to about $30,000 – $40,000 every year.
Not everyone is not capable of paying such a huge amount. But luckily most international colleges offer various scholarships including partial and full scholarships. If you are among those who can’t afford the high costs of studying in an international college, you should look for international scholarships first. In this article, we are going to look at some of the best international scholarships for international students. But first, let’s take a look at what international student scholarships are and how to qualify for one!
An international scholarship is a form of financial aid/financial assistance that is awarded by colleges, universities, organizations, and foundations to students for their international education. Not every college offers international student scholarships. They are mostly offered in countries like the USA, Canada, UK, etc where tuition fees are very high (nearly $25,000 – $30,000 per year).
International student scholarships don’t come as cash. Usually, they are in the form of partial or full tuition fee waivers, which reduce your overall college fees by covering all or part of them.
There is no specific rule that can be applied for every particular international scholarship program. But most colleges use the same criteria when selecting students for their international scholarships. These criteria include:
Most of the international scholarships and tuition fee waivers are awarded on academic merit. That means how well you did in high school and your last year. If you have good grades, then you will surely get a chance to receive an international scholarship for college. And if not, then there is less chance that you can even get a partial waiver.
Many international scholarships require good English language skills, like IELTS (International English Language Testing System). If you can’t speak and write in fluent English, then it will be very difficult for you to get an international scholarship. There are different language tests accepted by different colleges, so that’s something you should keep in mind! This may vary if you can find a sponsor from your home country.
You must be clear about the college you want to study in, and their international scholarships. If a particular college doesn’t offer international scholarships on academic merit, then you may be better off apply to one that does. You have to choose your options wisely depending on the scholarship programs offered by the colleges.
These three are the most important criteria that will help you get an international scholarship for college. Other than these, there are a few more criteria such as:
The following is the list of top international student scholarships in the world for graduate students and undergraduate students. We have listed all types of international student scholarships including partial tuition waivers, full tuition waivers, and even some which come with a monthly allowance or living cost support.
The Fulbright program is a full-tuition scholarship, which covers your tuition fees and provides a monthly allowance of $30,000 to $40,000 depending on where you want to study in the USA. It also provides you with the opportunity to explore the US culture and spend an entire semester studying there.
The Fulbright Scholarship is a merit-based scholarship which means you can get a chance to apply for it only if your country participates in the international Fulbright Scholars Program. You have to be at least 18 years old by the time of application, and meet the grade requirements as well as English language skills prescribed by your chosen college.
The Gates Cambridge Scholarship is a full-tuition scholarship that covers the cost of studying at the University of Cambridge in the UK. You can get a chance to apply for it only if you want to do a postgraduate degree in any subject offered by this university
You don’t have to make an actual application for this scholarship. Instead, all you have to do is to show your interest in Cambridge by taking the online test provided by this scholarship program. It’s a completely automated process, so no worries about essays or letters of recommendation!
The UK Chevening Scholarship Program covers the cost of studying at any British university, including the University of Oxford or the University of Cambridge. It also provides you with a monthly allowance to cover your living costs.
The Chevening Scholarship is a partial tuition waiver that covers 50% to 100% of your full-time postgraduate degree program. You get the chance to apply for this scholarship ONLY if you want to study in the UK and get it only if you are given an unconditional offer from any British university after your college application.
The British Marshall Scholarship covers the cost of studying any subject at a university in the USA, other than Oxford or Cambridge. The scholarship also provides you with a monthly allowance to cover your living costs while you are there.
You have to be a citizen of one of the countries listed by this scholarship program in order to get a chance to apply for it. It’s not necessary for you to take an actual application for this scholarship. However, you have to send them all the required documents by email so that they can consider your application.
The Amsterdam Excellence Scholarships (AEX) is a partial tuition waiver for postgraduate students who want to study abroad at the University of Amsterdam in the Netherlands. It covers 50% – 100% of your college tuition fees, depending on what field you apply for.
You can get a chance to apply for this scholarship ONLY if you meet the general eligibility criteria. Applicants must be endorsed by their home institution before they can send their application to AEX.
The Australia Awards Scholarship is a full-fee-paying scholarship that provides candidates from developing countries with the opportunity for undergraduate or post graduate studies at any of the Australian universities. You have to be a citizen of one of the developing countries listed by these academic programs.
In order to be eligible for application, you must meet the entry requirements of a specific Australian course offered at a particular university. You also have to show that you have a certain level of study experience in your country and meet English language proficiency standards.
The Clarendon Scholarship is an international scholarship offered by the University of Oxford to study any full-time postgraduate degree at the university. The scholarship covers the cost of tuition fees for your postgraduate degree.
You get the chance to apply for this scholarship only if you want to study at Oxford. It does not matter which college or academic program you are applying for since they will be equally supportive of your application. However, you have to make sure that they meet all of your particular requirements before sending them a copy of your application form and personal statement.
Here is a few helpful information for you to get your application noticed by scholarship program administrators:
Most scholarships will require you to show that your English skills are strong enough for you to be accepted into the course or program. Therefore, make sure that you are comfortable communicating in English before applying for these programs.
Take the time to research all of the opportunities available and what requirements they have. You can find some scholarships via social media, college websites, google, etc.
If you are applying for scholarships (especially merit based scholarships), work on getting good grades and taking advantage of any opportunities that your college or university has to offer. Most colleges will be looking at your academic ability and then decide whether you are eligible or not!
If you find a scholarship that you really like but is outside of your country, go ahead and email them. Most universities are international and they will talk to you despite the distance.
Due dates and application deadlines can come around really fast, so don’t miss them! Make sure to get your forms in ahead of time and get your references done early.
International scholarships are a great way to fund your higher education. They are often highly competitive, but this also means that they are very accessible to students who have the right grades or skills for them! Also, studying abroad comes with a lot of benefits. Make sure to apply for as many scholarships as you can, give it your best shot. In case you don’t qualify for scholarships, you can apply for other awards like grant programs, loan programs, or other financial aid.
What’s a better way to make your kids grow up smart and independent than sending them out for studies in a foreign country? In recent years, there has been an increase in students who want to study abroad. For this reason, many government organizations and private companies have come up with scholarship programs that offer financial aid to students who want to study abroad.
It has been observed that the number of students who are applying for education abroad is increasing by 50% every year. There are many reasons behind this rise in the number of high school students who want to study in another country. The major and most prominent reason is globalization. With so many multinational companies and multi-national universities, the need for a good education has increased so people are now more interested in studying in foreign countries.
In this article, we will be discussing some of the study abroad scholarships that high school students can apply for. These scholarships will help you finance your education and living expenses, wherever you want to study in the world.
High school students are young and energetic. It should be your goal to utilize this energy in doing something productive and useful. If you can get a scholarship for studying abroad, then we suggest that you take the opportunity and learn about new cultures and traditions. Here are a few reasons why studying abroad can be beneficial to you as a high school student:
You will gain an understanding of the way people from other cultures live and think. As young students, you will be able to relate better to those who aren’t like you. It will broaden your mind and make you more accepting and open-minded.
Traveling provides an excellent opportunity for personal growth to high school students. It will help you learn more about yourself and allow you to discover who you are when separated from your friends, family, and school.
Having experience in studying in another country looks good on college applications. Many prestigious colleges prefer students with international experience in their classes. This can work in your favor when applying for colleges later on.
Learning about other cultures can open new doors for your future career. For example, today there are so many companies that are opening their offices abroad, especially in countries like China and India. If you learn about these countries now, it will help you open new doors to your career in the future.
So here are a few study abroad scholarships for high school students. These scholarships are offered through several different organizations and companies that try to encourage international exposure at a very young age. So here they are:
This scholarship is available for students who want to study abroad in another country. This scholarship covers tuition, room and board, textbooks, travel expenses, pocket money, and other necessary expenses that a student may have during the course of his/her study or training period.
This study abroad program is offered by the Bill and Melinda Gates foundation to high school students who want to study at the University of Cambridge in England, UK. This scholarship covers full tuition, travel expenses during your tenure as an awardee, as well as personal expenses such as health care and pocket money. This scholarship is only available for students who want to pursue a full-time postgraduate degree in any subject.
This scholarship is offered by the US government to school students who are planning to study less commonly taught languages across the world in various countries, such as China, Russia, Japan, Brazil, and other countries. The scholarship was created to build a strong foundation in less commonly taught foreign languages, and the students it benefits will be able to do a lot of things with these skills.
This scholarship is available for students who want to study at the University of Cambridge, UK. This scholarship gives out full tuition to students who come from low-income backgrounds and cannot afford their education otherwise. The Reach Programme was started by the University of Cambridge trust, with a goal to increase access to world-class teaching at the university. If you are between the age of 14-18 and want to study at the University of Cambridge, UK, then this scholarship may be for you.
This scholarship is offered by the American Foreign Service Association to qualified students who want to major in international relations, foreign affairs, or a related field. This scholarship provides full tuition and also covers living expenses of up to $18,000 per year. You will also get a chance to meet the secretary of the USA in Washington DC! You’ll get to participate in National High School Essay Contest to showcase what you’ve learned about US foreign policy.
The Sons of Norway Scholarship is available to students who are of Norwegian descent. Applicants must plan on pursuing higher education in an accredited college or university, full-time. The scholarship award generally ranges from $500-$2000 for one academic year of study. You can apply to any Norwegian Folk High School. Norway is the home of the Vikings and a visit to Norway is on the bucket list of most people.
This scholarship is offered by the German government to students who are planning to study in Germany. The program offers full tuition, monthly allowances, travel expenses for visits home, and health insurance during your tenure as an awardee of this scholarship. Germany is known as one of the most popular destinations for international students. Their education system is very different from other education systems. So if you want to study abroad and get comfortable with a different culture, this is your chance.
It’s a student exchange program offered by the US State Department to American high school students. The scholarship offers full tuition, monthly allowance, all your travel expenses including your tickets to and from Germany. You will be studying in Germany for one academic year. The scholarship aims to promote mutual understanding between the US and Germany by fostering opportunities for young people of both countries.
This scholarship is available for students and graduates who are “first-time travelers” and have the desire for travel and cultural immersion. You must be at least 18 years old and currently enrolled full-time at an accredited university to apply for this scholarship. Applicants should also be enrolled in a program related to tourism, such as hospitality management, environmental studies, arts, social sciences, literature, conservation, or international affairs.
The DC College Access Program is offered by the District of Columbia Government to high school students who want to pursue college education in the US. The scholarship awards $10,000 for four years of study at any accredited institution of your choice. This scholarship is available for students who don’t have access to other forms of financing and will be used towards your freshman year expenses.
This is vital! Don’t make the mistake of thinking your parents won’t be supportive. If they are against this idea, talk to them about what you can do to change their minds or at least take their concerns into consideration. The truth is that many scholarships don’t pay for housing and other expenses. It’s important to include your parents in all the plans to make it a successful experience for you and them.
Merit based scholarships are offered to talented students. So it’s important that you maintain your grades by having good attendance and being involved in school activities outside the classroom. It’s always easier to get a scholarship when you already have a good academic record.
Know what countries fit your needs before applying for a scholarship. For example, if you want to study in France and will need to learn the language before going there, apply for a scholarship that will cover your French classes. There are plenty of scholarships out there; all you have to do is look!
This is a common-sense tip but many students still don’t do it. If there is more than one scholarship you are eligible for, apply for all of them! You have nothing to lose and everything to gain from being as thorough as possible.
It’s a good idea to talk to your home country’s representatives and ask them for advice on getting a scholarship. They will know which scholarships are available and may even be able to help you apply!
You don’t want to miss the deadline by just a few days and let $10,000 slip away from your hands. Check out important dates and plan ahead. It might be a good idea to set up a calendar on your phone or on the wall with all the dates that you need to remember on it. That way, there’s no room for error!
There is no better way to get money to study abroad than through the scholarship you’re applying for! If possible, send an email or call the people who are offering the scholarship and let them know your story. They may be touched by your situation and will give you an extra push to apply.
If you want to study abroad in high school, don’t let anything stop you. You can do it! The most important thing is to make sure your parents are on board and understand why this is a good idea for you. Don’t let a lack of money hold you back. There are scholarships out there that will pay for all the expenses related to studying abroad. Make sure to do your research and apply for as many scholarships as possible to increase your chances of succeeding. Follow these tips and you’ll be studying abroad in no time!
Due to high tuition fees in International colleges, students are unable to afford their studies. And when it comes to Canadian colleges and universities, the tuition fees for international students are one of the highest in the world.
However, if you qualify for a scholarship, your tuition fees would instantly decrease. And good news for international students, Canada has a lot of scholarship schemes to support students.
In this article, we are going to talk about the top scholarships that are available to international students who seek admission to Canadian colleges. So let’s begin!
Scholarships are types of financial support/grants that students receive to study in Canada or study abroad in other countries. The number of scholarships for international students has been increasing over time as the number of students applying for admission every year is on the rise.
A lot of scholarship programs have been introduced by Canadian colleges and universities which make it easier for students to study in Canada. And the main motive behind these scholarship programs is to attract more and more international students towards post-secondary studies in Canada.
These scholarships help both local citizens and international students to pay their living costs, tuition fees, transportation costs, etc. These scholarships are mostly given to outstanding students who have the highest potential and exceptional academic achievement.
Many well known Canadian universities offer scholarships for studying abroad such as:
The University of British Columbia (UBC) offers a lot of scholarships for students interested in studying at the university. The university has a dedicated department that negotiates with various agencies and organizations to offer financial aid to deserving students from around the world.
Ryerson University is a public research university in Toronto, Ontario. The university offers a number of scholarships for students from various countries around the world.
Simon Fraser University is one of the well-known public universities in Canada that offer a number of scholarships to students every year. There are a total of 42 scholarship programs offered by SFU and one can get a scholarship in almost any field they wish to study.
The University of Victoria is one of the most well-known universities in Canada and it offers several scholarship programs for international students who seek admission to one of their campuses located across Canada. A total of 18 scholarships are offered through this university and one can apply in almost any field they want to study.
The University of Alberta is a public research university located in Edmonton, AB. The university offers scholarships for international students from around the world who wish to pursue undergraduate or graduate studies at their campus.
York University is a public research university located in Toronto, Ontario. The university offers many different scholarship programs for international students every year and one can find scholarships in almost any field they wish to study.
Cape Breton University is a public Canadian university that was established back in the late 1990s. It is located in Cape Breton Island and offers scholarships for international students who wish to pursue undergraduate, postgraduate, or doctoral studies at this university.
These are some of the major universities in Canada that offer a number of scholarship programs for international students every year. A lot of other Canadian colleges also offer scholarship programs for international students but many receive very few applications so the chances of getting these scholarships are very low.
Now let’s take a look at some of the most popular Canadian scholarships for international students.
There are a number of Canadian scholarship opportunities that offer full undergraduate scholarships for undergraduate programs every year. These scholarships cover both tuition fees and living expenses and can be awarded to international undergraduate students every year.
The Pearson International Scholarship Program is offered by the Government of Canada in order to attract a number of the best and brightest students from around the world in various fields. The scholarship program awards up to 100 scholarships annually to internationally-trained students who wish to pursue undergraduate studies at any one of 39 participating universities across Canada.
This program is open to international students who have applied or are applying for an undergraduate program at York University. Eligible students can get $60,000-$100,000 in scholarship funding for the entire length of their undergraduate degree. It brings great opportunities for students from various countries to study in Canada for a very affordable tuition fee.
The scholarship offers a wide range of undergraduate scholarships for international students every year. International students who seek admission to one of the programs offered by this university can get full or partial funding for their tuition fees and living expenses.
This scholarship is awarded to international students who wish to pursue studies at Humber College. Selected candidates can get up to $4,000 per year for the first two years of their program that covers both tuition fees and living expenses.
The Winnipeg International Scholarship is offered by the Government of Canada to attract some of the best international students from around the world. Eligible students can get full scholarships for their tuition fees, living expenses, books, and other miscellaneous fees including airport transfers upon arrival in Canada.
Just like undergraduate students, Canada also offers numerous postgraduate scholarships for students who are looking to pursue graduate studies in Canada. The following are some of the most popular Canadian scholarships for international graduate students:
This scholarship program is awarded to doctoral students by the Government of Canada. The scholarship program awards up to $50,000 annually in order to attract some of the brightest minds from around the world for doctoral program/graduate studies at Canadian universities.
A number of scholarships are available to international students looking for doctoral studies at any one of the seven universities across Canada. The scholarship program covers tuition fees, living expenses, travel allowance, health insurance, and book allowance.
The fellowship program awards up to 10 scholarships each year to international graduate students who wish to pursue advanced studies at one of the four universities across Canada. Doctoral-level students can get up to $75,000 (backed by the Canadian Government) that covers tuition fees and living expenses for their entire period of study.
A number of scholarships are available to international students looking for graduate studies at the University of Waterloo. Selected candidates can get up to $2,000 as a fellowship award and $10,000 as a research grant that covers some part of their tuition fees and living expenses.
Under this scholarship, selected candidates can get up to $60,000 that covers everything for three years for their master’s degree. This scholarship is also given to candidates who are applying for PhD Scholarships in the social sciences and humanities. The Pierre Elliot Trudeau Foundation Doctoral Scholarships are open to foreign PhD students from the developing world.
The eligibility criteria generally differ according to each scholarship program. However, there are some common eligibility criteria that you need to meet in order to apply for international student scholarships. This includes:
1. You must hold a valid passport and student visa from your home country of origin or legal residency
2. You should have the required academic and language credentials for the scholarship program that you are applying for.
3. You should meet certain age and other eligibility criteria that may be specified by the scholarship program that you are applying for.
4. You must demonstrate your financial need in order to help support yourself while studying in Canada.
5. Most importantly you must have outstanding academic achievement.
The application procedure varies depending on the scholarship program that you are applying to. Usually, it includes:
1. Completing the scholarship application form
2. Writing an essay/research proposal
3. Attaching proof of your academic achievement, language skills, and employment experience
4. Submitting all required documents to the given authority
5. Participating in an interview or test if necessary for your application
6. Monitoring changes in government regulations and other scholarship program requirements
You can get details on how to apply for an international student scholarship by visiting the official website of the scholarship provider. However, the general process involves filling out a research abstract and submitting your application before deadlines set by each scholarship provider. Besides this, you are required to participate in an interview or written test if necessary.
Canada is one of the finest countries for higher studies. Not only is it a popular destination for international students from all over the world, but also attractive to candidates looking for scholarships. There are various scholarship programs available for international students to get admission in Canada and finance their education expenses. So make sure to do proper research and select the best scholarship program to apply for.
Do you need a loan to pay for your college tuition in North America?
MPOWER Financing announced this month that they have raised their maximum loan limit for international students in the U.S. and Canada. You can now borrow up to $100,000 over the course of your studies! This means that you can get access to more money than ever before to cover the cost of your international education!
We understand how expensive it is to study abroad, which is why we want to help as many people as possible afford this experience by offering them a better way of financing their education through our partner lenders.
We know that studying outside of your home country isn’t cheap – but it shouldn’t be out of reach either! That’s why we work hard every day so that everyone has access to affordable education regardless of where they live or what financial situation they are in. Our goal is simple – make sure all students around the world have access to higher education no matter who they are or where they come from. And we believe that anyone should be able to study in Canada or the U.S. without having any financial barriers standing in their way!
That’s why we’re sharing this news today – because we want everyone around the world who wants an education at one of over 350 universities across North America to be able to find the funding they need! So whether you’re looking for undergraduate or postgraduate programs, find out if you are eligible today using our loan finder or find out more at mpowerfinancing.com
Studying abroad can offer incredible opportunities for anyone who wants to make new friends, learn about different cultures, and experience the world. It’s full of life experiences that can’t be found in a classroom. It could be a life changing experience. But it’s important to know some things before you go.
Studying abroad is not just about going to a new country and having fun. It’s also about being an adult for the first time. For most people studying abroad, this means being completely independent for the first time with no friends or family nearby. That can be overwhelming, but it’s also a learning experience that will help you become an adult.
It requires a lot of research such as what college is the best, what study abroad program to choose, accommodation, tuition fees, and more. You will have to do the research, but it should be very much worth it in the end.
But is it really hard? Not really! If know what to do and what not to, anyone can study abroad. In this article, we will cover the major topics and discuss some of the questions you may have to help you study abroad.
There are a few common questions that most students and their parents have. Whether it is the living cost or tuition fee, we are going to take a look at them all so you can get an idea of exactly what you should do.
Every student who wants to study abroad has a dream country they want to go to. But not every country is ideal for studying abroad. If you plan on studying in your dream country, it’s important that you do some research before you commit. Some countries are easier than others when it comes to visas and immigration procedures, while others can be difficult if you don’t have enough money.
Also, you can’t ignore the living cost. European countries are a lot cheaper than US or Australia when it comes to living costs. While Asian colleges are cheaper than European ones. You should research the college fees and living costs in your dream country before you go there.
There are several types of study abroad programs, but your study abroad program depends on what you want to do. If you choose an exchange program, you will have to transfer from one college to another. If you choose a direct enrollment program, then you can go straight into the class with the rest of your classmates. But keep in mind that study abroad programs are not easy to get into.
If you want to study at a university in another country, then you should apply for an exchange program. If it goes well, depending on the college’s regulations, you may be able to transfer credits back to your home university.
You should think about why you want to study abroad and what kind of courses interest you. Are you interested in studying a course that isn’t offered at your university, or do you need to take an English course before you graduate? Be sure that you know what courses are available before you go abroad.
Tuition fee is probably the biggest concern of both students and their parents. Even if you wanted to study abroad, it can be a bad idea if the cost of studying in that country is very high. You should always consider whether or not studying abroad fits into your budget and how much money you will need during your stay.
It’s obvious that colleges like Yale or Harvard are expensive, but have you thought about public colleges in France, for example? You probably haven’t! Public colleges in European countries are much cheaper than private ones. Most German or Dutch universities have a tuition fee of as low as €500, but they don’t compromise anything on their educational quality. You should research carefully the tuition fee of each country because you can save a lot if you know how to do it.
Depending on where you’re going, facilities might vary from college to college – and they may not be the same as what you’re used to. If you’re going to a European country, many colleges will have everything you need such as Wi-Fi and computers in every room. On the other hand, some Asian universities don’t provide any of those facilities.
They are many colleges that offer accommodation to their students and there are some who don’t. And if there’s no free dorm room to live that means you have to live off-campus. In that case, you should think about how you’re going to get from your house to the college every morning and back again. And the living cost will be much higher as well. You must research thoroughly about the college facilities to know what the college has to offer or not.
Now you what some of the major things to consider before studying abroad. Now take a look at some of the lesser-known facts that you should consider before going abroad.
If the country you’re going to speaks your first language, it’s pretty easy for you. But if it doesn’t, there will be some struggles as English may not be as prevalent as in your home country. In some places, even basic communication can be hard if you don’t speak a foreign language. Also, if you prefer English, you have to make sure that the college you plan to study provides the courses you want in English.
Don’t forget to look into cultural differences before you go because what’s normal for others may not be so for you and vice versa. For example, in some Asian countries, it’s considered rude to stare at people. When you are in a different country you have to pay respect to other cultures.
Most students go to another country for studying. However, some of them decide to do a part-time job while they study abroad and it’s totally fine. Even though you’re abroad, you can still get a part-time job and make an income every week as long as your visa allows it. But the thing is if you want to work, you should research where and how to get a job. Also, don’t forget to ask the college whether they allow their students to take up a part-time job.
Since studying abroad means staying in another country for a while, you have to prepare your housing well beforehand! It’s not easy to find an apartment abroad so be sure that you know about different options before going. For example, some colleges offer dorm rooms for students and you can stay there while studying. But other colleges don’t provide such options so you have to look for your own place to live in.
If the college has a certain bus system that makes it easy for students to go around, then you’re lucky! You don’t need to worry about where to go and how. But if there’s no such thing, you should look into the private and public transportation system of that country before studying abroad. It’s not that hard because many countries have well-established systems and usually students can go around by themselves easily.
Visas are very important, whether you go as a student or tourist. Only those who have student visas can study in a foreign country and it’s your responsibility to find out about that as soon as possible! You can’t just go there and get a visa after you’re already settled down because it will be illegal. So take care before going overseas!
In most countries, it’s required that you have health insurance even if you’re just a tourist. So before going to study abroad, find out about the country’s health insurance system. Also, check whether the college provides students with a free insurance plan or not.
If you’re finding it hard to pay the expenses from your pockets, you have to research student loans. Your college can provide you with some information but there are also private organizations that offer international student loan options. You just have to apply for it so don’t worry too much!
Try to find additional funds from scholarships by searching our international scholarship database.
We have researched and found out a few things that might be helpful to you before studying abroad.
Almost every college knows that students are struggling to raise the money for studying abroad. So of course, many of them are willing to help you financially by providing scholarships and financial aid if you meet certain requirements.
If you’re not sure about your living conditions, think about getting a room with roommates. You can save money because the rent is shared between several people so it’ll be easier on your wallet.
If you’re studying in a country where no one follows the rules of driving, you should learn about the traffic rules before going. You don’t want to get into trouble because you didn’t know how to drive properly.
An ex-student who has studied abroad would be able to give you the most accurate information about studying in that college. They know what it’s like overall so ask them before going. Remember that they are your elders so respect their advice! You can learn a lot from their study abroad experience.
Talking to study abroad advisors is a good idea if you want to know more about studying and living in another country. They will be willing to help you out so don’t hesitate and ask them anything! They can help you with the application process, what will be the total cost, finding an apartment, suitable study programs, etc. You can either go to a study abroad office or seek online help.
Don’t forget about your expenses so manage them carefully. There’s no need to prioritize shopping over studying because that won’t help you in the long run. You can go for a little trip if you have some time off but try not to waste your money on useless items.
So there you have it. We hope that you will take advantage of your studying abroad experience so enjoy your student life to the fullest! It’s an important experience but doesn’t forget about your future because if you do, it will be hard for you to get a job in the future. Good luck!
An adventure of a lifetime. A dream for many. A great opportunity to pursue your higher education in a foreign land – but is it affordable? Between tuition, insurance, travel and living expenses the cost of an international education quickly adds up.
If you’re thinking about studying abroad, it’s important to know your options for financial aid – and start saving!
One of the biggest factors in finding appropriate financial aid for a study abroad program is the location of the university you would like to attend. The availability of support for foreigners attending an American school is very different from that available to Americans pursuing an international education in Europe or elsewhere.
With that in mind, there is no simple answer to the best way to fund your study abroad adventure, but there are resources and opportunities for everyone, including undergraduate and graduate students.
From federal student aid to study abroad scholarships and from private sponsors, state organisations and your schools’s financial aid office – there is a financial aid package that will help you cover your study abroad expenses.
In this post we’re going to explore all the options and answer all the most common questions our readers have about securing financial aid for study abroad programs in the U.S., Canada and around the world. We’ll cover sections for Americans studying outside the U.S., international students coming to America, and those attending international schools around the world.
This is a topic that comes up all the time with our readers. Many students ask “Can you get FAFSA for study abroad?”.
First, let’s explain that FAFSA is the the Free Application for Federal Student Aid. This is a federal government form that determines your financial needs and informs most colleges’ financial aid offers. FAFSA collects information from applicants and parents, then uses a formula to calculate your capacity to pay for college in the United States and your financial aid requirements.
You won’t be able to receive any kind of federal financial aid in the US without completing the FAFSA, and it is very likely that you would need to complete it in order to receive financial aid directly from your college or university, too.
Federal aid is available for U.S. students seeking to study abroad. The type of program, duration of study and your status as an undergraduate or graduate can affect your eligibility, just like it does at schools in the U.S., but there are some differences when applying for this type of funding.
One of the biggest differences in the financial support for international studies is the duration of the intended study abroad program. At IEFA we generally talk about 2 main categories of international study: Study Abroad and Foreign Enrolled.
“Study Abroad” would be the term for those taking part in a short program of one semester or up to one academic year at a foreign university. Students on this type of program may be able to receive financial aid from the government if they fill out the FAFSA, meet the eligibility requirements and get the required paperwork completed by the financial aid office both at their home (U.S.) college and the foreign university they will attend.
Unfortunately, if your college is not part of the federal program then you would not be able to receive federal support for your study abroad costs.
A “Foreign Enrolled” student, on the other hand, is a U.S. citizen or permanent resident who is taking their degree program entirely at a foreign university. These students don’t have a “home institution” – a college in the U.S. They must therefore navigate the application process and study abroad experience themselves directly with their chosen school.
The good news for foreign enrolled students is that at many top universities around the world federal student aid is available and those same universities may have relationships with lenders who offer private loans for eligible students, too, meaning there are more funding opportunities and your study abroad dreams may be closer than you think.
If you are studying inside the U.S. or abroad, there are a number of different federal student loan programs and financial aid options. If you’d like more information on federal loans, you can learn about Stafford Loans here. Stafford loans are for students attending college at least half time. They provide an excellent educational funding resource for US citizens and permanent residents.
Funding options for international students in the U.S. are more limited than they may be in your home country.
In terms of the financial aid that you may be able to receive there are a few broad categories.
Whatever country you’re from, if you’re studying in Canada you’ll face the same challenges as many other students around the world.
The great news is that as well as the funding that you may be able to find by talking to your study abroad office such as tuition discounts, waivers, scholarships and more, there are also student loans available at a number of top universities across Canada. These loans do not require you to have collateral or a cosigner. Find out more about international student loans in Canada.
Do you have any questions about funding your study abroad experience? Let us know in the comments!
Many international students attend college or community college in the USA or go to a university or other higher education institution in Canada, the UK, Australia or many other countries around the world.
At IEFA we encourage students to broaden their horizons and take on the rewarding experience of an international education just like the estimated 5 to 6 million international students currently enrolled at universities in all four corners of the globe.
Some international students may feel they are isolated in their new country away from friends and family. However, this does not have to be the case! You can find communities of other international students, clubs and societies with common interests and the local community who will help you with the transition to your new country. Many international students actually report that the social life and extra curricular activities many colleges offer is even more valuable to them in their future careers than the quality education they receive compared to staying in their home country.
There are also plenty of resources specifically for international students – from housing, to scholarships and even financial assistance – whether you attend a small college or a large university overseas. You will have access to an international student advisor who can provide assistance and guidance to you before, during and often after you’ve completed your degree program. Many schools have dedicated support teams, or an international student office, who can help with any student visa questions foreign students might have, financial aid and advice on funding sources and access to financial resources.
I hope that this article offers some helpful advice on what people need when they first come over to a different country; don’t be afraid or shy! If you ever need any help please don’t hesitate to reach out to us.
International students, or foreign students, are individuals who choose to do all or part of their post-secondary education in another country and relocate there for the explicit purpose of study. Most international students (more than 40% of all international students around the world) study at colleges and universities in just four destination countries – The U.S., The U.K., Canada and Australia.
Many countries require prospective international students to complete standardized tests to demonstrate language competence in the language of instruction or the main spoken language in that country. Students who do not have the required level of language to enter onto their chosen degree program may be able to take a Pathway Program at many colleges and universities. Pathway programs allow students to develop their language skills before proceeding onto their chosen degree programs.
Requirements will also vary depending on your chosen academic studies – whether you’re enrolling for undergraduate study or pursuing a graduate degree.
A student visa is one of the required documents for enrolment for many students. The exact student visa requirement will vary depending on the destination country, length of program and many other factors. Your chosen college or university will be able to give you the latest advice on whether student visas are required or not – for example for a short course of less than 6 months in Canada may not require a study visa as the course can be completed in the time allowed for many temporary visitor visas. Talk to the admissions office or international student office for guidance.
Living expenses, travel, tuition fees, having a social life… the costs of your education soon add up. Of course this is great for a country’s economy! It does mean that you may have to demonstrate that you have the resources to pay for the total cost of your education in that country in order to be granted your student visa. If you will be studying in the U.S. then there is definitely a requirement to prove you can pay for your own education and living costs. You can do this by providing statements from your bank account, as well as information about whether you receive funding from other sources to pay for your education.
The feeling of homesickness can be very real for international students when they first study abroad. Most students go through a period of adjustment where they may feel very emotional and even want to return home.
It may feel like the people you meet don’t understand your culture, you miss your friends and family back home, or you can’t get used to the weather or find food that reminds you of home. It can be many things. But there are a number of ways for an international student to overcome homesickness:
There are also plenty of resources specifically for international university students-from housing, to scholarships and even financial aid information, we have it all covered here!
As well as the IEFA international scholarship database you can also search internationalscholarships.com and speak to the advisors at your college or university as there may be some specific financial aid available for you. Many organizations and top universities offer financial and other aid to support talented students who otherwise wouldn’t be able to access higher education at home or abroad.
You can set up a free account to use IEFA here.
Many international students simply cannot afford to study abroad with only their own income and family support. Even after securing scholarships, awards and grants there can still be a gap between the funds available and the costs.
If this is the case most international students on graduate programs or in their final 2 years of their undergraduate studies at many Canadian or American universities may be eligible for international student loans.
Loans for U.S. permanent resident students abroad are also available (and Stafford Loan funds can be used for study abroad, too). The majority of international students studying in other countries will struggle to find loans available to them.
Whether it’s advice on financial aid or support with on or off campus housing, your university has one or more departments dedicated to getting you the advice and resources you need as an international student. Your education, happiness and welfare is their number 1 priority.
You will have access to
Although the federal government doesn’t offer financial aid to those studying abroad in the USA, that doesn’t mean that there are no other funding sources. In fact, American colleges and universities are among the most generous in the world when it comes to offering international student financial aid in the form of tuition waivers or discounts as well as scholarships based on financial need, academic merit or athletic ability.
Wherever you are studying the advisors at your school or university should be your first port of call for any questions or concerns you have along your international student journey, from admissions requirements right through to job prospects and careers advice after graduation.
One of the most important aspects in determining who you are is your community.
The communities you belong to have a significant influence on your life and even determine certain choices you make.
That’s why InternationalStudent.com is asking you to share how “community” has impacted or influenced your studies in another country for their Travel Video Contest this year.
You may interpret the term “community” however you wish. However, examples might include your family or your neighborhood at home, your new community while studying abroad, or an internet community.
To be eligible for the 2021 Travel Video Contest, you must be 18 years old. You also must be studying outside of your home country or planning to do so in the future.
The Travel Video Contest is not only a fantastic way to display your video abilities on an international stage, but it’s also a chance to win one of four cash prizes.
This year’s prizes are as follows:
Yes, the top prize is $4,000! You could do a lot with that kind of money!
If you believe you have what it takes to win the grand prize go to the official contest page to get full details.