Depending on what global scholarship you receive and who provides it, what the scholarship will or will not pay out varies widely. Most scholarships are designed to cover the basic cost of your studies. This includes tuition, student fees, books, and any other school-related costs. In some cases, part of our living expenses will also be covered, including the cost of food and accommodation.
Other international scholarships like the dell scholarship are less strict. They will simply provide you with a lump sum that you can apply to your studies as you see fit. It doesn’t mean spending your money on anything, it’s all always meant to fund your education.
Often scholarships also come with stipulations from the donor. Most organizations see it as an educational investment rather than just a gift. For this reason, university scholarships usually come with conditions. It is common for scholarships to require a certain grade point average throughout your studies or that a certain level of performance be maintained for you to continue to receive financial aid.
It is also important to take into account when the study abroad scholarship will be awarded. Scholarships are most often paid in a lump sum before the start of the semester, but may, in some situations, be distributed in installments throughout the year. The scholarships are either paid to the student or directly to the scholarship office of the school. Each school or organization has its own procedures for awarding scholarships. Make sure you ask in advance so you don’t get stuck with a big bill and no funds to cover it.
Who offers scholarships for study abroad?
Scholarships can come from many sources and you are generally eligible to receive more than one form of aid. Check out the guidelines for each global exchange to see what you are eligible for. There are several sources of scholarship funding such as:
- Schools
- Governments
- Organizations
- Companies
- Private donors
Often these institutions are led or influenced by people who have themselves studied abroad and understand the value of international education. This is a huge advantage for students who wish to study abroad, especially since there are many scholarships reserved specifically for them! It would also be helpful to review the profiles of past fellows and even contact them for advice.
The sources of scholarships for international students will also vary from country to country. Whatever type of scholarship you decide to apply for, remember to be patient and persevering! Scholarships are a great way to help you achieve your study abroad dreams. Keep reading to learn more about each scholarship provider.
University scholarships
Colleges and universities will easily help their students to find study abroad scholarships and international grants. Admissions offices may automatically offer scholarships and grants when you apply, or they may require you to apply for financial aid in advance.
To find global scholarships at a college or university, it is best to go through an academic advisor or financial aid office. The counselor will recommend different types of scholarships you are eligible for based on your academic performance, athletic ability, special talents, or financial need. Individual school-based scholarships through the university may be offered as a full tuition fee or as part payments.
Also, be sure to check with the school where you plan to study abroad. They may offer additional financial assistance if a scholarship from your home university is not enough to cover the cost. If you are studying a full study abroad program, be sure to check if your new university offers scholarships specifically for international students. Often, schools have to meet a certain quote from international students, so they offer financial aid as an incentive.
Government scholarships
Federal or state governments are a great source of financial aid for international students. In the United States, the government is the largest source of need-based financial assistance, primarily in the form of the Pell Grant.
State governments may fund grants and scholarships for residents attending university in their state. In addition, foreign governments may offer international grants or global scholarships to international students who wish to study in their country.
In order to find available government grants and scholarships, it is helpful to contact the country’s embassy. They will offer more detailed information.
Private and individual donor grants
Many companies, foundations, community organizations, and clubs sponsor scholarships for study abroad. Scholarships and educational grants from these organizations are referred to as “external” or “private” scholarships. Organizations offering these types of private scholarships can be institutions such as unions, religious centers, public organizations, or clubs. A private scholarship is generally a one-time form of aid.
Individual donors, on the other hand, are individuals who have created a private fund for students to receive financial aid. These study abroad scholarships or grants vary in amount and have specific eligibility conditions set by the donor. Scholarships are awarded on the basis of academic merit or financial need depending on the donor.
To find global scholarships through individual donors, it usually takes a little more research. Sometimes these scholarships are advertised, but more often than not you will have to research them on your own.
