Who Provides Study Abroad Scholarships?
Scholarships can come from many different sources and you’re typically eligible to receive more than one form of financial support. Review the guidelines for each scholarship or award to see what opportunities you qualify for.
There are various sources of funding for the financial aid, such as:
Sponsoring institutions may be run or influenced by people who have studied abroad themselves and because of that they truly understand the value of experiencing an international education.
The availability of scholarships for international students will vary from country to country. Whichever scholarships you apply for, remember to be patient and persistent – as the application process and decision-making can take time. That being said, scholarships are an excellent way to help you finance your study abroad dreams.
What Can a Study Abroad Scholarship Cover?
Depending on which of the many scholarships you decide to apply for and who is sponsoring it, the terms of the scholarship, and what it can be used to pay for (and what it can’t be used for) can vary greatly.
Most scholarships are supposed to cover your basic cost of studying. This might include the cost of tuition, registration fees, books, and other school-related costs. With some scholarships, a portion of living costs may also be covered, such as the cost of food and accommodation (sometimes referred to as “room and board”.
Some international scholarships are much less strict. They will award you a sum of money which you can put towards your studies however you feel is appropriate depending on your circumstances. Of course that doesn’t mean you can just spend the money on whatever you like, it should all be used to fund your education – not for social activities or any other purpose. The difference is that you’re more in control of your own budget and can use the financial aid as you see fit.
It’s important to think about when the study abroad scholarship money will be released to you. Funds are most commonly paid out in a lump sum before the start of the fall semester, but in some cases, may be paid out in instalments over the course of the year. In the case of a study abroad scholarship that is paid out in instalments, in order to keep receiving the payments you may be required to maintain a certain level of academic merit.
Scholarships can be either paid to finance office of the school or to the student directly. Your school or the sponsoring organization will have their own procedures for when scholarship funds will be awarded. You should ask in advance so that you’re able to work out your budget effectively.
Scholarships for Undergraduate Students and Graduate Students
Whether you’re an undergraduate or graduate student, there may be different funding options for you, so remember to explore all the options.
How to Find Scholarships to Study Abroad in 2021
For huge numbers of students, the idea of studying abroad is incredibly exciting and interesting. They want to experience a different culture first-hand, work on their communication skills in a foreign language, or just explore the world as an international student.
Depending on the destination you choose and the type of program you enrol in, it can either be really expensive or could even save you money. But finding a study abroad scholarship to study abroad can reduce the overall cost, otherwise for some, the dream of studying at a school overseas may be out of reach.
To find scholarships to study abroad, first think about the destinations and courses that you are interested in. Contact the schools that you would like to attend to see what aid is available for international students, and use the IEFA.org scholarship search for the latest list of available scholarships.
Education is vital in cultivating a productive global society.
This reality holds true throughout the world. But sadly, not all are given the chance – especially students from developing countries who have huge potential but lack the financial means to experience top-class education.
Fortunately, InternationalStudent.com has partnered with MPOWER in bringing Central American students closer to their dream of pursuing higher education in the United States with the help of the MPOWER/InternationStudent.com Central America Scholarship Program.
The Central American Scholarship Program worth $3,000 which serves as the grand prize will be awarded to one lucky scholar from Central America. There will also be two additional scholarships worth $1,000 that will be given away to two lucky scholars.
Students can apply before the application deadline on Jan. 31 at exactly 11:59 PM Eastern Time. The winners will then be announced on Mar. 31.
The eligibility of the winner will then be verified and the funds will then be directly disbursed to the college or university of the winners.
Students who are citizens of any country belonging to Central America are eligible. They should also be enrolled and or accepted to study full-time at any university or college that is supported by MPOWER in either the U.S. or Canada.
The student should also be legally allowed to study in the U.S. or Canada via green card, DACA program, study visa, or permanent citizenship.
The student’s written essay’s quality has a huge factor in the selection process. The essay should demonstrate that the applicant has clear thought, has compelling and attainable visions and goals, and has excellent writing skills along with good grammar.
The applicant should have a proven track record and willingness in taking part in activities that help improve the quality of living of marginalized communities in the U.S. or in their home country.
The student should have a reasonable and justifiable reason on why they intend to study in the U.S. or Canada. Their goals and aspirations should uphold the common good of not only themselves, but of the community as a whole. The applicant should demonstrate willingness to become a productive part of the U.S., Canadian or Central American community as a whole, with the help of the education acquired.
The application should show strong signs of having the potential of becoming a leader and advocate for global peace, unity, and productivity in the U.S. and that of their home country. He or she must serve as a positive example to others.
Bringing education to underprivileged students from Central American countries who have the potential to create a positive impact to society is what the scholarship is about.
Hopefully, the InternationStudent.com/MPOWER Central America Scholarship Program winners will help improve, in one way or another, the living standards of their home communities and that of the North and Central American society as a whole with the help of their education.
Business start-ups are highly regarded and promote a productive and profitable economy in many different fields or niches of businesses.
The CHESTER Entrepreneurship Scholarship is one of the leading solutions to overcome many entrepreneurship-related problems.
Successfully building your own business needs money, which may be in quite short supply following graduation if you’ve been saddled with a large student loan repayment.
That’s why ambitious administrators want to support their college education through money-saving scholarships, and different financial aid opportunities.
A monetary donation or any means of supporting one’s educational expenses is what we call scholarship. It is granted to qualified students who have completed all the necessary requirements.
They are usually limited in number and are typically awarded to students with academic excellence and also based on household status.
After obtaining or being chosen as one of the recipients of a scholarship, a scholar student will be required to meet all the standards set by the sponsor.
It can be either maintaining a grade throughout the range of the school year you are a scholar to them. Or maybe you need to join some seminars that they had organized.
The CHESTER Entrepreneurship Scholarship was established to support business-minded individuals to generate business while studying.
It gives assistance to students who are keen to learn things about entrepreneurship and more about setting up a business.
The CHESTER Entrepreneurship Scholarship is one of the most regarded scholarships that has helped many business-minded young individuals.
If you are an undergraduate of any course and love to learn about entrepreneurship, then you might be considered for this scholarship.
This scholarship is open to anyone as long as you can meet the requirements and the deadline of application. You will be required to prepare an essay comprised of 500-1000 words that showcases all your skills and your desire to have this scholarship.
Please elaborate on all the things that motivate the entrepreneur in you. All the requirements must be submitted before or on April 30, 2020, and September 30, 2020.
CHESTER will grant one $2,500 scholarship to each chosen scholar decided by the selected judges. This scholarship will award four lucky recipients.
The recipients should contact the sponsor once they received a letter that confirmed that they are one of the hopeful scholars of CHESTER.
Find out more and apply here: Chester Scholarship
Students around the world who are in 11th and 12th grade are able to enter The Fountainhead essay contest for the chance to win $10,000. To enter, students can choose one of three pre-determined topics based upon the novel The Fountainhead by Ayn Rand and write an essay between 800 and 1,600 words. There is not an application for this contest, however, along with an essay, individuals must submit a contact sheet with the following information by April 26th:
This contest is sponosored by the Ayn Rand Institute, and the following prizes will be awarded based upon the evaluation of the pre-determined judges:
Students who would like more information on how to enter The Fountainhead essay contest can visit here.
Portrait of a serious student writing an essay photo courtesy of Shutterstock
Ramapo College of New Jersey is a public, liberal arts college, founded in 1969 and rated by Kiplingers in 2010 as one of the “100 Best Values in Public Colleges.” With 5,660 students, including several hundred international students, Ramapo offers degrees in the arts, business, the humanities, the social sciences, and the sciences, as well as in professional studies programs such as nursing, social work and Teacher Education.
Scholarships available to international students include the Presidential Scholarship and the Provost Scholarship:
Presidential Scholarship (Full tuition waiver for four years): To be considered for the Presidential Scholarship, an international student must be in the top 10 percent of their high school class with SAT scores of at least 1300 in Critical Reading and Mathematics. For more information, visit: http://www.InternationalScholarships.com/Ramapo Presidential
Provost Scholarship ($10,000 per year for four years): To be considered for the Provost Scholarship, an international student must be in the top 10 percent of their high school class with SAT scores of at least 1230 in Critical Reading and Mathematics. For more information, visit: http://www.InternationalScholarships.com/Ramapo Provost
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Zaragoza Logistics Center (ZLC) is a research institute established by the Government of Aragón in Spain in partnership with the Massachusetts Institute of Technology and the University of Zaragoza. The mission is to create in Zaragoza an international center of excellence for education and research in logistics and supply chain management that actively engages with industry and the public sector to develop and disseminate knowledge.
ZLC offers several different scholarships, including:
MIT-Zaragoza Eastern and Central Europe Scholarships for students from Eastern and Central Europe that want to study at ZLC;
MIT-Zaragoza African Supply Chain Professional Scholarship for students from Africa that want to study at ZLC;
MIT-Zaragoza Western & Northern European Logistics Scholarship for students from Western and Northern Europe that want to study at ZLC; and
MIT-Zaragoza Supporting Promising Professionals in Logistics and SCM for promising students anywhere in the world.
To learn more, you can click on any of the links above, or visit the Zaragoza site: http://www.zlc.edu.es
Application deadline is April 15.
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IMD is one of the world’s top-ranked business schools, located on the shores of Lake Geneva in Lausanne, Switzerland. Truly global in scope, IMD has students from 98 different nationalities. The application deadline for the two scholarships offered to students from China/Hong Kong is September 30.
Click the link below to learn more about the scholarship and how to apply:
IMD also offers scholarships to students from many other parts of the world, including developing countries. Click the link above for more information.