Finding out how much it will cost to apply to and attend a university should be your priority before delving too deeply into your options for a college or university. To precisely assess and categorize costs, it is ideal to use this data with the assistance of an admissions counselor or scholarship department at the institution.
Even when you create your college list, there are several expenses to take into account. You can plan and budget more wisely if you are aware of these charges.
A guide on various scholarships, grants, and loans available to students pursuing education abroad, along with tips for a robust application.
Indian government scholarships for study abroad-
Below is a list of some of the most popular Indian government scholarships for studying abroad in 2024.
Fulbright-Nehru Fellowships for Masters-The sponsorship will run for a year or two. Understudies are qualified to get it relying upon the two necessities and legitimacy.
Benefits: living expenses, travel expenses, tuition fees, help for J-1 visa holders, accidents, and health insurance
Qualifications: 55% require a four-year college education, three years of involvement, and local area administration inclusion.
Fellowships for Doctoral Research at Fulbright-Nehru—These will be awarded on a merit-based basis and last for nine months.
Benefits include assistance with obtaining a J-1 visa, a monthly stipend, health and accident insurance, and round-trip economy airfare.
Eligibility: PhD candidate in preparation for thesis submission at an Indian university.
National Overseas Scholarship: Approval will be based on need, and the scholarship will be sanctioned for two years.
Benefits: A one-time payment of USD 15,400 Includes payments for living expenses, health insurance, books, airfare, tuition, and visa fees.
Exam eligibility: 60%; under 35 years of age; family income fulfills government necessities.
Erasmus Mundus Joint Master’s Degree: Students who place high on the merit list are eligible to apply for this two-year fellowship.
Benefits: Month-to-month payment of 1,100 – 1,200 EUR: protection, library expenses, educational costs, and then some.
Qualifications: A bachelor’s degree or its equivalent.
Agatha Harrison Memorial Fellowship: This fellowship is one year long, although performance may allow for a two-year extension. It will only be made available based on merit.
Benefits: Located at the University of Oxford in London’s St. Antony College. About 30,000 euros are awarded. Reimbursement for travel expenses.
Eligibility- 60%+ up to PhD, 30- to 40-year-old, with three years of teaching experience.
FAFSA for Indian Students-
FAFSA is a free application meant to let eligible non-citizens and US citizens apply for financial aid, sometimes known as federal aid, from the federal or state governments of the United States.
FAFSA’s Significance for Indian Students-
In addition to determining if a student is eligible for financial aid to attend a US university, the FAFSA is essential for eligible students of Indian descent for the following reasons:
• It’s one of the simplest methods to cover the expense of studying in the United States if you qualify for federal aid.
• The data given in the FAFSA is used to determine how much aid can be awarded to the student.
• If awarded a grant, Indian students will not be required to repay it.
• If Indian students take out student loans in the United States, the interest rate will be reduced, and they won’t have to pay it back until after they graduate.
How do I apply for FAFSA?
• Register for an FSA ID and create an account.
• Go to fafsa.gov and choose if you are a parent or student.
• Pick the meeting that you are applying to.
• Decide the colleges and universities you wish to apply to.
• Respond to inquiries regarding dependence.
What is the application process for getting financial help?
The following are the steps:
• A letter of motivation. Make sure you understand how to write a scholarship inspiration letter because it’s the most crucial piece of writing that can help you win the scholarship. Keep in mind that occasionally, it may be labeled a scholarship essay or a personal statement.
• Proof of your inventive, athletic, or scholarly achievements.
• Some need-based scholarships may require you to provide certified documentation of your income.
• A letter of acceptance from college. You will not be awarded a scholarship if you do not have documentation proving that you intend to start your studies.
• Provide an authentic translation if any of these papers are written in a language other than your native tongue.
What can you do to improve your chances of being awarded a scholarship?
To begin, writing a motivational letter: The inspiration letter is one of the sections in most scholarship application processes where you can highlight your character, ambitions, and life goals. You get the chance to write a narrative about who you are and your dreams, filling in the vacant spaces on the page. Furthermore, it cannot be overstated how crucial it is to let your ideas and inventiveness guide the composition of this letter.
Tell us about yourself: What have been some of the most critical events in your life? The listeners are oftentimes attracted to convincing individual stories. People with unique stories to tell include those who travel, volunteer, participate in a range of organizations or activities, or follow their hobbies.
While searching for and applying for scholarships may seem intimidating, it is an essential first step toward realizing your goal of studying overseas. Unlike student loans, scholarships provide financial assistance that you are not required to repay. At Gateway Abroad Jaipur, a trusted study abroad consultant, our expert consultants guide you through the process, helping you explore the various types of scholarships available and where to find them, improving your chances of success.