This article is about how you can sponsor your education abroad, many times people ask in the comments section about how to study overseas belonging to a middle-class family how do you think we can sponsor our education abroad some say our family cannot afford this much money so how to go abroad free while some ask how to study abroad for free. most of these questions came from people with a middle-class background looking for how to apply to foreign universities with part-time jobs, now people usually believe those study scholarships are only for the elite people, so in this article, we will be talking about a few ways in which you can sponsor your education abroad.
1. Scholarship Programs:
The first and most important thing is a scholarship, now almost everyone knows that scholarships are good but then how you apply for full scholarships is a big task. Now for that one very simple thing that you should be doing is going to the university webpage whichever university you plan to go to and they will have a dedicated scholarship webpage and apply to all those university scholarships.
One thing you should know when you are going and taking an admission via an agent (Broker), now if you take admission via an agent he gets commission from the university, let’s suppose you go to any agent they tell you to go to some university again there is a difference between a counselor and an agent, Agent has collaborations with universities they get your admissions in universities.
Now if you ask that person (Agent) can I get a scholarship that agent is incentivized to take maximum money out of you so he can tell you that yes you can get a 25 scholarship or max he can tell you to get a 50 scholarship but nothing more than 50 scholarships but there are ample opportunities out there where you can get scholarships of more than 100 as well.
Foreign Scholarship Programs Tips:
it is a simple thing the more number of scholarships that you apply for the better your chances of getting the fully funded scholarship, also one more thing that there are some scholarships that offer you a five thousand euro scholarship or a 5 -10 % scholarship, I actually do not like those scholarships because I’ve seen the education system since the past five or six years now international education system what they ideally tend to do is they hike up the price and then give scholar sponsorship scholarship on the same fee.
Let me brief you with an example “ when you go to buy a dress the dress which was for 20 Dollars what they do is they boost the price by 100% and that’s like a dress for 20$ increase & they try to sell it for 40$ and then offer a 50 % discount and sell it for 20$. So you do not buy a dress which was 20% but you go and buy a dress which is for 40$ but on a 50 % discount”.
So exactly they offer the same discounted scholarships as well in universities as well, so if let’s suppose you get into an X and Y university, the Y University offers you a 5-10% fee discount in scholarship, don’t think that it’s okay now I’m getting a scholarship I should be going to Y university, because 5-10% Discount scholarship is not actually that good of a scholarship it’s something that they offer to everyone because that’s just the Fee that they have hiked this year only because every year you’ll see in Canada or in the UK they hike up the fee 5-10%, so if you’re getting a 5-10% scholarship please don’t be too happy with that because that’s actually not a scholarship program that’s just like a marketing strategy.
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2. Making Connections with University Professors:
The second thing which majorly none of the students know is that let’s suppose you’re good at one subject you can choose any subject which you’re good at now if you’re good at finance now you are planning to go for a master’s degree abroad or a Ph.D. scholarships degree abroad you can help the professor.
Now how does that actually work? you can reach out to the professors of the university you can tell them that I’ve been teaching students for the past couple of months and I am very good at it, so I can actually help you and I can also take your classes now why is that important because the universities usually have a budget but on this budget, they can only have a professor they cannot have an assistant to the professor.
Let’s suppose you’re coming as a student so they can give you most of the time what they do is they can give you a very small stipend for it or they can go ahead if you’re very good at it they can go ahead and they can remove your tuition fees altogether give you free tuition plus you might also get a stipend, yes you will be working a bit longer a number of hours but you would be working in the same thing and you can actually get this opportunity while sitting here in your country only like when you’re planning to apply for a university you get an admission from the university you know that you’re good at finance you can tell your professor that I am good at this subject. This can happen either way you can become an assistant to a professor if you can demonstrate that you are very good at the subject.
Now how does that help you because you already planning to study that subject either in your master’s or in your Ph.D. right, so if you are already planning to do that the same thing for bachelor’s would be a piece of cake for you so it’s like you sort of revise that same thing and just give your professor help with the class and for that, you can actually get your entire fee sponsored.
This usually happens in a Ph.D. program but in some cases, this also works for master’s programs as well, for masters, it gets a slightly a bit trickier to get the opportunity right sitting at home while applying for the university. Once you’re in the university it’s much possible but sitting in your home country before getting admission just while getting an admit getting this opportunity might just be a bit difficult but yes this is something very important
3. Part-time Job Income Scenario:
Thirdly is part-time jobs now I know many peoples already know that part-time jobs can be done I’m just giving you an idea as to how part-time jobs would work in your favor.
Many people in Canada, as well as the UK, work on minimum wage, in Canada minimum wage is somewhere around fifteen dollars per hour and 15 C$ x 20 Hrs. is what they are allowed to work in a week so that’s somewhere around 300 Canadian Dollars is what they make, but in Canada, if you work inside the campus means lots of universities usually have a very big campus now if you’re working inside the campus you can work as many hours as you want the 20 hours work restriction now goes away and usually you work 40 hours a week, so when you are allowed to work 40 hours a week, so now in this case you’re making around 600 CAD Per week 2400$ is what you can make working on campus in the university and ideally your living expense comes to somewhere around thousand dollars so you can actually sponsor your entire education if you end up getting a part-time job in Canada.
It is difficult in colleges, as college is usually a smaller building it does not have a lot of opportunities, there are few places where you can work completely like job roles of security and all those things but in a university, you will find way many like so many other opportunities where you can work so at university level in Canada that makes sense in terms of a part-time job for around 40Hrs. per week. There are many peoples who are making money while working part-time as well.
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4. Education loan
The fourth way is an education loan or applying for private student loans, I know many of you will think that an education loan is not a wise decision, and sometimes it becomes very hard to pay even the cheapest student loans in installments or all at once in 3-4 years bearing my other expenses as well, so does that make sense?
Ideally when you’re applying for private education loans you should be very sure about what you’re going for and if that has job opportunities or not that’s a very important thing now the best thing that you are doing right now while you’re applying load is investing in yourself which is the biggest asset, if you think that you can apply loan for your house then why not for my education loan because, as you know that through your education there are better future results than a house loan and spent whole life struggling in repaying.
Self Confidence is very much important in this case because you have to believe in yourself before involving in any kind of load including both an education loan and a house loan if you do not believe in yourself I do not think taking an education loan will be good advice. you need to first of all focus on your priorities you need to, first of all, understand where you live and then decide to go abroad because even if you have the money even if all these first three steps you can somehow manage if you’re not sure what you’re doing I don’t think it makes much sense