Although
one is well aware of the various benefits of overseas
education,
people often restrict themselves from doing the same due to the high
costs associated with it. The fall in the value of rupee coupled with
the rising costs of attaining an international degree hinders study
abroad
plans that a student may have.
However,
the above mentioned facets shouldn’t restrict you from achieving
your dreams; various funding avenues are made available for overseas
education
which makes the process of studying abroad easier. Before making any
arrangements for funding, one must undertake meticulous planning to
understand the costs that may be incurred. The costs incurred will
not only include tuition and application fees but also consists of
costs of books, entrance tests fees, travel, accommodation and food.
Parents
plan their child’s
overseas
education
expenditure in advance and few students have creative solutions to
their financial woes through investments in various avenues. The
exchange rate considerations are paramount when making funding plans.
After careful deliberations of costs, the following avenues can be
availed:
- Personal funds
A
large number of students avail this option when making funding
considerations. Family and friends are often sponsors of the
students. People pool in their personal savings to make funding
opportunities for education. Funds from personal savings are usually
utilized from saving accounts because they offer higher rate of
interests. Personal investment decisions should be continuously
reviewed to undertake maximum benefit for the same.
- Loans
The
second most popular funding avenue to study
abroad
is that of education loans. The education loans provided by the banks
have a varying rate of interest. The bank makes several
considerations before availing a loan to a student. If the student’s
sponsor is strong the ease with which a bank loan can be availed will
be greater.
- Assistantship
Assistantships
are programs made available to students, wherein they provide their
services to the university. These services include assistance to
professor, at the library or any other on-campus jobs that will allow
students to cover the expenses incurred. Most of these assistantships
are usually made available to post-graduate students, however now an
increasing number of universities make this opportunity available to
all the students.
- Scholarships
Scholarships
are financial assistance provided by the university in attempt to
reduce the financial burden of overseas
education
on students. These act as alternative sources of funding and are
highly sought after by the students. Not only universities, but even
governments and private trusts provide scholarships to the students.
The best way to attain a stupendous scholarship is to sell yourself
to the admission committee. Scholarships can either be availed on the
basis of academic qualifications or on need basis. Apply to a large
number of scholarships to increase the chances you have of availing
one.
- Discounts
A
large number of universities are increasingly offering discounts to
students when the fees are paid in one go. This motivates the
students to study
abroad.
- Miscellaneous factors
Other
means through which funds can be accumulated or the costs incurred
reimbursed are through undertaking internships while studying abroad.
Furthermore, interaction with faculty members is imperative because
they source you to other individuals that can help you attain
financial avenues. Long term investments for education can be made in
fixed deposits or in mutual funds which are safe methods through
which money can be accumulated for education purposes.
It
will take you some time to settle in a new country; therefore before
one gets accustomed to the financial situation in the foreign country
you must carry local currency and forex cards in case of emergencies.
Student
Testimonials
It
was a homely environment; the counselor was so friendly and guided me
in every step.
Name:
Sowmyashree
Country:
Australia
University:
Swinburne University
The
starting point of my higher education was Edwise. With their help and
guidance I was able to clear my VISA process without any problem.
They did everything in their power to make the application process
smooth. All together my experience was a stupendous one.
Name:
Avinash Govindrajan
Country:
Canada
University:
Thompson Rivers University
It
was a great experience. I am satisfied with the services and I would
like to thank the team for all their cooperation. The experience was
really good because of which my process of going to USA really became
easier.
Name:
Shruti Kotak
Country:
USA
University:
University of Pittsburgh
It
was simply outstanding. I didn't feel the need to go anywhere else to
ask my queries after I came to Edwise.
Name:
Puskraj K. Kothari
Country:
UK
University:
Middlesex University
Edwise
has really helped me in choosing the right university which has
enabled me to take a giant step towards a successful career. All the
counselors were well trained and well versed in providing information
to students. Today owing to their efforts many aspiring students have
been shown the right direction. Thank you.
Name:
Nosheen Nadiadwala
Country:
Singapore
University:
Management Development Institute of Singapore
Edwise
Overseas Education Consultant
We
at Edwise streamline and personalize the process for each student
irrespective of the destination, institution, course or any level of
study. Our team of experienced professionals will provide you
individual attention and exceptional guidance throughout your process
of application. We provide assistance related to course
selections,
admission, visa, bank-loan and
scholarships.
We also host University delegates for direct student interaction and
all these services are provided free of cost. We have established
since 1991 and have been maintaining strong networks with over 725
universities
in
16
countries,
hence giving us a unique insight into the finest educational
establishments worldwide.
Start your education overseas with valuable information on everything you need to know about studying abroad from study permits, temporary resident visas and how much it costs, to finding the best suited program for you.
Start your education overseas with valuable information on everything you need to know about studying abroad from study permits, temporary resident visas and how much it costs, to finding the best suited program for you.
No comments:
Post a Comment