Studying abroad has become the dream for nearly all kids in this generation. However, given the high costs of education and residence, a common question is, 'How to get a scholarship to study abroad?' Scholarships provide financial assistance to deserving students, making education more accessible.
Types of scholarships available to study abroad
- Merit-based: Awarded to students with outstanding academic achievements or exceptional extracurricular accomplishments.
- Need-based: Granted to students from financially-poor backgrounds to support their education.
- Government-funded: Offered by governments to encourage international education and cultural exchange.
- University-specific: Provided by institutions to attract talented international students.
- Field-specific: Available for students pursuing education in fields such as STEM (Science, Technology, Engineering, and Mathematics), arts, or humanities.
- Diversity scholarships: Aimed at underrepresented groups, including minorities, women, or students with disabilities.
- Athletic: Awarded to exceptional athletes who can contribute to their university’s sports teams while maintaining academic performance.
Indian government scholarships for studying abroad
- Fulbright-Nehru Master’s Fellowships: Supports Indian students pursuing a Master’s degree in the US, covering tuition fees, living expenses, and travel costs.
- National Overseas Scholarship: For students from SC, ST, and other groups, covering tuition fees, visa costs, and living expenses.
- Inlaks Shivdasani Foundation Scholarship: Provides financial aid to students studying at top institutions in the US, UK, and Europe.
- Commonwealth Scholarships: Funded by the UK government, this scholarship is available to students from Commonwealth nations pursuing postgraduate studies in the UK.
- Erasmus Mundus Joint Master’s Degree: A European Union-funded scholarship for students pursuing Master’s programmes across European countries.
How to get a scholarship to study abroad?
1. Start your research early
Look for scholarships well in advance of your planned study abroad programme. Check university websites, government portals, and private scholarship databases for funding opportunities.
2. Understand eligibility criteria
Each scholarship has specific eligibility requirements, including academic performance, financial background, or extracurricular achievements. Ensure you meet the criteria before applying.
3. Prepare a strong application
Most scholarships require an application form, academic transcripts, a statement of purpose, and recommendation letters. Ensure your application highlights your achievements and aligns with the scholarship’s goals.
4. Scholarship essay
A well-crafted essay can set you apart from other applicants. Clearly state your aspirations, how the scholarship will help you, and why you are the right candidate.
5. Secure letters of recommendation
Letters from teachers, professors, or mentors who can vouch for your academic performance and character can strengthen your application.
6. Apply to multiple scholarships<
Increase your chances by applying for several scholarships simultaneously. Even partial scholarships can significantly reduce your financial burden.
7. Stay organised
Mark important dates and ensure you submit complete applications before deadlines. Late applications are often not considered.
Conclusion
Landing a scholarship for international study requires thorough research into available opportunities, fulfilling eligibility requirements and submitting strong applications.
Secure your admission carefully, and finance your studies with Axis Bank Education Loans. The loan offers competitive interest rates and flexible repayment options, making it easier to fund your international education.
Also Read: Securing Education Loan with a low CIBIL score
FAQs
Can I get a 100% scholarship to study abroad?
Yes, several scholarships offer full funding. Fully funded scholarships such as the Fulbright-Nehru Fellowship, Chevening Scholarship, and Commonwealth Scholarships provide complete financial support for eligible students.
How to study abroad for free?
To study abroad for free, you need to secure a fully-funded scholarship. Additionally, some countries, like Germany and Norway, offer tuition-free education to international students.
How much percentage is required for a scholarship to study abroad?
Most merit-based scholarships require a minimum of 70-80% marks in previous academic qualifications. However, some competitive scholarships may have higher cut-offs.
Disclaimer: This article is for information purpose only. The views expressed in this article are personal and do not necessarily constitute the views of Axis Bank Ltd. and its employees. Axis Bank Ltd. and/or the author shall not be responsible for any direct / indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information. Please consult your financial advisor before making any financial decision.
