Can you Study Abroad with Less Money?

 

Students who have less money in their pocket and do not wish to burden their parents find it tough to fulfill their study abroad dream. However, it becomes more difficult if they are unable to find a sponsor to provide financial support. In such circumstances, when everyone would think of giving up there still might be some who'd fight to try to make it. So here I/we guide you to how to go ahead. Start with:

Research

 

• Have you ever heard of 'need-blind admission'?

Yes, many top institutions in the USA use this term as a college admission policy where they grant admission purely on a merit basis and do not consider your financial situation when deciding admission. So, if you're meticulous, just go ahead.

• Apply for some good international scholarships to stay away from taking loans.
• If you have financial constraints, you should apply to some cost-effective, economical countries like Germany and Canada rather than following the mob mentality.

 

Time is another factor that might determine if you can study abroad with less money. It will decide where and what courses you might get to choose. However, if you apply early your chances of availing of scholarships and receiving the acceptance letter is high but if you delay you might miss this opportunity.

Likewise, clearing any of the standardized tests early and earning a good score brightens up your chances of seeking admission in a University or college timely. Check out by asking yourself:

• How good is your SOP/LOR?
• Is your IELTS/TOEFL/PTE/SAT score well?
• Is your application letter well written?
• Do your classroom activities support your chosen field?
• Do you hold a good academic record?
• Check out banks that provide scholarships to international students at lower rates of interest but let this be the last option to prevent yourself or your family fall prey to their scheme and keep paying the incurred debts lifelong.

Some scholarship websites listed below might prove helpful. Check them out:

1. India Study Abroad Centre
2. Alliance for Global Education Need-Based Scholarships
3. Unitec Institute of Technology Scholarships
4. Eastern European Study Abroad
5. German Academic Exchange Service
6. Otago Polytechnic Scholarships
7. Uniplaces Scholarships – a website that helps students support their accommodation expenses.

This much effort will definitely help you fetch a good university/college irrespective of your financial conditions.

Save money

To manage with less money abroad simply follow these tips:

1. Find a part-time job.
2. You can work as an assistant researcher or teacher in your own college or university.
3. Go in for cheaper accommodation options, say homestays or shared apartments.
4. Cook yourself and save money on eating out frequently.
5. Choose a students’ pass (if available) for your daily commute. This will help you cut down your transportation expenses.
6. Make the best use of libraries to avoid unnecessary purchases of books.
7. Purchase a calling card to save the cost of international calls.
8. International Student ID Card might help you get discounts on anything you buy and can be used at salons, clothing stores, restaurants, etc. So, get one if you can.

Also remember, 'A PENNY SAVED IS A PENNY EARNED'

With everything in control and a firm determination just reach out to earn an International degree. For more tips on study abroad, book our consultants.

Best Wishes!!