Studying abroad is a common dream for students. It goes without saying that studying abroad allows students to make new friends, gain work placement, tour the globe, create meaningful networks, and indulge themselves in a new environment.
Many students mistakenly think that the cost of studying abroad exceeds their means, and they are unsure how to begin the international scholarship application process. The good news is that international students interested in pursuing a course of study or a degree abroad can receive guidance regarding scholarships from the top study abroad consultancies in Delhi.
Abroad study scholarships offered to Indian students:
- European Scholarships
- Campus France Charpak Scholarship
- UCD Global Graduate Scholarships in Ireland
- Orange Tulip Scholarship
- UK Scholarships
- Sir Ratan Tata Fellowships for South Asian Students at LSE
- Commonwealth Scholarships Commission and Fellowship
- Sussex India Scholarships
- University of Sheffield
- Asian Scholarships
- Aichi Scholarship Program For Asian Students in Japan
- Silk-Road Scholarship Program at Seoul National University
- Singapore-India Joint Research Grants
- Hinrich Full Scholarship in International Journalism at HKBU
- Australian Scholarships
- University of New South Wales Future of Change India Scholarship
- India Global Leaders Scholarship
- University of Adelaide Ashok Khurana Scholarship
- US Scholarships
- Chicago Booth School of Business
- Cornell University Tata Scholarship
- Asian Women in Business Scholarship
- SN Bose Scholars Student Exchange Program for Indian Students
- Study Abroad Scholarships by the Indian Govt.
- Global Study Awards
- Microsoft Scholarships
- Narotam Sekhsaria Scholarship Program
- GREAT Education Scholarships
- The JN TATA Endowment for the Higher Education of Indians
How is a scholarship different from students loans and grant?
Grants and scholarships are both examples of gift aid, which means recipients do not have to repay the funds. However, grants are frequently given to young people who cannot afford the costs of their studies because they are usually based on need. As opposed to this, most of scholarships are based on a student’s talent in the arts, sporting activities, or academics.
Student loans, as opposed to scholarships, are a type of financial aid that must be repaid, occasionally with interest. Student loans can be both a boon and a bane. For instance, the US has a staggering 1.5 trillion USD in student loan debt as of 2020.
What’s the process of awarding a scholarship?
Scholarships are given out by groups or individuals to students they believe the best match the qualities of their ideal applicant. The scholarship amount will determine whether it is given to the student directly or to the institution. Some scholarships come in a lump sum, while others come in payments over the course of the student’s academic career.
Some scholarships function as low-interest lending, which the recipient must repay after receiving their college education. Other scholarships, also referred to as grants, are sums of money that the recipient is given without having to repay. Grants are preferred by many students over loans because they are more advantageous financially.
Different types of Scholarships depend on Funding Agency.
The best international study consultants in Delhi have consolidated information regarding this
Governments at the federal or state levels are excellent sources of financial aid for overseas students. Grants and scholarships for residents attending colleges in their state may also be funded by state governments in the United States. Foreign governments may also provide global scholarships or grants for students hailing from other countries to study in their country. It’s helpful to get in touch with the embassy of the country to get more specific information about available grants and scholarships from the government.
Universities are happy to assist their students in locating international grants and scholarships for study abroad. When you apply, admissions offices might automatically award you scholarships and grants; alternatively, they might demand that you apply for financial aid beforehand. It is best to seek scholarships for overseas students through a college or university’s academic advisor or student aid office. The advisor will be capable of recommending a wide variety of scholarships.
Scholarships for studying abroad are offered by numerous businesses, philanthropies, associations, and youth groups. Institutions like trade unions, religious institutions, civil society organizations, or clubs are examples of institutions that provide these kinds of private scholarships. These “external” or “private scholarships” are usually a one-time form of financial aid; their sums can vary, and they generally have strict qualifying conditions established by the donor.
You can now learn more about the aspects of availing scholarships from the online platform Admissify. Chat with the counselor and allow us to help you choose the best international university for you.