Let the best team of psychologists and career counsellors help you achieve your dream career!
Get expert guidance about your abilities, industries, and best ranked career options for you
Blog
09 January,2023 | By Brainwonders
A scholarship is defined as "a sum of money given by a school, college, university, or other organisation to pay for the education of a person with exceptional aptitude." However, certain scholarships are more flexible, allowing all students to apply regardless of academic ability or financial circumstance.
Scholarships and grants are both sorts of gift aid, which means students do not have to repay the funds. However, grants are primarily based on need and are regularly awarded to young people who cannot afford the price of their studies. Most scholarships, on the other hand, are awarded based on intellectual, athletic, or creative qualities.
Student loans, as opposed to scholarships, are a form of financial assistance that must be repaid, sometimes with interest. Student loans can be a blessing in disguise as well as a curse. In the United States, for example, student loan debt is expected to reach an eye-watering 1.5 trillion USD by 2020.
Recommended Read: Online Career Counselling & Career Guidance | Best Career Counsellors – Brainwonders
Anyone who meets the application conditions is eligible to apply. Yes, it's a cliche answer, but different types of scholarships cater to different kids. Always double-check whether you are eligible to apply, whether the scholarship application deadlines are current, and whether the scholarship is open to national students, international students, or both.
Recommended Read: How to choose a Career Counselling Course in India 2023
Begin preparing your documentation once you've located a study abroad scholarship for which you can apply. The application procedure is as follows:
The official websites of your desired school are an excellent place to start your scholarship search. If you don't find anything useful, contact a representative via email or chat to see if they can assist you.
The next step is to look for additional financial assistance on the internet. Finding reputable information, on the other hand, is not always easy, and not all websites provide up-to-date content. Here are a few resources to assist you in locating the best scholarship programme:
Recommended Read: Career Assessment - How do Career Assessment work?
The following are the most popular types of scholarships available for international studies:
To be eligible for these scholarships, you must be a top student. Universities and colleges are the most common organisations that provide academic achievement scholarships, but they are not the only ones. Check the 'costs and funding' page on the official university website to see if a university offers this form of financial aid.
If you are interested in science, athletics, or the arts, this scholarship section is for you. Athletic excellence scholarships are very popular in the United States, but they are available in other nations as well. You must demonstrate your abilities to acquire financial assistance. Impressing scouts, demonstrating research skills beyond your age, or making a work of art that can readily wow critics could all be part of this.
This form of scholarship is akin to a grant. The goal is to assist students who desire to study but cannot afford to pay full tuition or living expenses. Need-based scholarships are a fantastic investment for universities and other organisations since future graduates frequently give back to their community and try to help others who are going through similar difficulties.
Not all scholarships are aimed at a certain group of students. Some business institutions or non-governmental organisations (NGOs) just want to help international students have a better education by allowing them to apply for scholarships. These students must still complete the requirements, but they are very general and wide, not specific to a location, minority, or ability.
For any further Career related queries contact Brainwonders, India’s leading Career Counselling Firm.
Let the best team of psychologists and career counsellors help you achieve your dream career!