Funding Your Future A Guide to Study Abroad Scholarships
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To move abroad is not simple if you are all alone without any guidance. There is a requirement for a consultancy that will show you the courses in foreign universities. Global Degrees will guide you in every way and simplify the steps in this arduous journey.
Also, read the step-by-step procedure that Global Degrees will take for your dream destination.
Moving abroad and receiving a foreign degree seems like a holy grail to many students, but proper guidance from Global Degrees would ensure that you move abroad, and if you deserve a scholarship, you will get one. Also, we have connections with many banks, and you will receive bank loans.
This blog is specific to Scholarship, and that is what we will discuss.
Types of Scholarships
The cost of studying abroad brings unnecessary stress. Don’t worry. You’re not alone. The good news? There are different types of scholarships out there, designed to meet the needs of different students.
Whether you are a bright student with a high IQ facing financial issues, perhaps normal marks, and are full of determination. Perhaps you are from a middle-class family. Don’t let finance be a hindrance to receiving a foreign degree. Global Degrees will help you get a scholarship.
Scholarships are merit-based, and those scholarships reward you if you get a high percentage and good marks in your academics. Another scholarship is need-based scholarship, which, in general, is not concerned about your marks. The intention is to ease out your finances. They’re meant to ensure that money doesn’t become a barrier to quality education.
Some scholarships are fully funded, and they cover everything from tuition, living costs, and travel. It covers the entire package. But there are other scholarships, like partially funded ones. The partially funded scholarship will cover tuition fees and some of the expenses.
Who is funding the Scholarships?
- University
- Government Organization
- External Body, like a non-profit or private company
So if you qualify for a scholarship, then it is worth exploring.
Therefore? Don’t let finances hold you back. With the right scholarship, studying abroad can become not just possible, but totally achievable.
Different Scholarships
- Merit Based
- Need Based
- Government funded
- University
- Specific Subject(STEM , Arts)
Merit-Based Scholarships
Let’s talk about merit-based scholarships. It is not about being academically gifted or being a nerd (although it definitely helps). These scholarships are given to students who are excellent in their field. It could be academics, sports, art, or music. Therefore, if you are a math whiz or a gifted athlete, and a brilliant painter, then you will receive a scholarship.
The application will get more weightage if extracurricular activities, i.e, Non-academic activities, are super good. However, each scholarship is different. There could be universities that prefer high academic scores. While the other university might value your performance in other fields. That’s why it’s important to read the requirements carefully for each one you apply to.
In crux, if you have a passion and talent, then you will be aptly recognized and given a scholarship.
Students from Varied Backgrounds
This belongs to need-based scholarship. Grades are not important here. The university is taking affirmative action and giving financial assistance to certain races, genders, religions, or even those with medical histories. Those students who were marginalized and left behind due to certain circumstances or historical discrimination are given the opportunity for higher education through this university.
They do give importance to minority scholarship. In certain countries, minorities could be marginalized; therefore, the university is giving them a chance to succeed.
Scholarships on Various Subjects
Let’s say you already know what you want to study. It could be anything, perhaps some subject from the STEM field. It could be Engineering, Information Technology. Good news! There are scholarships for those subjects.
The subject-based scholarship is a scholarship that students who are pursuing the subject will receive.
These are called subject-based scholarships, and they’re awarded by colleges or even government institutions to students who are passionate about a particular field. So, if you’re planning to dive deep into a specific major, this type of scholarship could be perfect for you.
But there’s a catch — you usually need to be enrolled in subject-specific courses while you’re studying abroad. Also, keep in mind, the eligibility criteria can vary a lot depending on the scholarship, so it’s always smart to check.
Coverage Based
Coverage of the scholarship is very important. It is mandatory to know if the scholarship covers the tuition, living costs, airfare, and visa assistance. Some scholarships are fully funded, which means all the expenses will be borne by the scholarship amount. But a partially funded scholarship will take care of the tuition fee; other expenses, such as living costs, health insurance, should be taken care of by the students.
To Conclude knowing about the scholarships and the information about them would be helpful. Contact Global Degrees to know more information about the scholarship.
