Financial Aid ?Many educational institutions and third-party organizations offer sports,merit-based or need-based scholarships,study grants,fellowships and other financial aid opportunities for international students. …Student Loans ?These are the most common option for funding higher education,but consider all your options carefully before taking one. …Work Options ?You can always consider working part-time to help pay for education fees and living expenses while studying abroad. …Personal Loans ?A line of credit or a personal loan for education can also help cover some of the costs associated with higher education. …Family Bank ?You can also ask parents,siblings and other relatives to help out with financing your study abroad. …
People also ask
Are study abroad programs really affordable?
It is true that study abroad programs are not exactly pocket friendly, but with the host of funding options available, they are certainly affordable. More than half the students give up the idea of studying abroad just because the whole research process of funding options is too comprehensive and tedious.
Why study abroad is important for students?
Study abroad programs are the stepping stones for students to transform themselves into culturally sensitive employees with acumen to deal with international challenges. It is not surprising that the popularity of these programs has been cumulatively growing every year.
What is the cost structure of study abroad?
Study abroad is not exactly a pocket-friendly program, with the increasing exchange rate difference, managing your day-to-day expenses is the most challenging part of the experience. The cost structure of studying abroad can vary on the basis of the country as well the university tuition fee.
What is the best option for study abroad accommodation?
The most common options for study abroad accommodation are university residence, homestays, apartments ,student hostels and hotels. Hotel is probably the most expensive option on the list and it is suited basically to people with an open budget.