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Discover the World and Fund Your Education: The Ultimate Guide to Scholarships for Study Abroad Programs

Discover the World and Fund Your Education: The Ultimate Guide to Scholarships for Study Abroad Programs

Ashutosh Mishra Author

Founder @ EduAbroad

A Chemical engineer with a sharp managerial flair; Ashutosh Mishra holds a business management degree from the top School of India; Indian Institute of Management; Ahmadabad, He has more than a decade of experience in teaching and has taught more than 10000 students so far. Interacting with young minds and nurturing them is his passion which is why he has been instrumental in procuring and shaping the solid talent team at and continually differentiating the company from its competitors by benchmarking educational services with impeccable quality.

Tue May 16 2023

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Scholarships play a crucial role in making study abroad programs more accessible and affordable for students. They provide financial assistance that can significantly reduce the burden of tuition fees, accommodation, and other related expenses. Scholarships also offer opportunities for students to enhance their academic and professional pursuits, broaden their cultural horizons, and gain a competitive edge in their future careers.

These are some common type of scholarships student can research on:

  • Merit-based scholarships: These scholarships are awarded to students who demonstrate exceptional academic achievement, leadership skills, and community involvement.
  • Need-based scholarships: Students who can show a need for funding are given these scholarships.
  • Program-specific scholarships: Some study abroad programs offer scholarships that are only available to students enrolled in that particular program.
  • Destination-specific scholarships: These scholarships are awarded to students who plan to study in a particular country or region.
  • Diversity scholarships: These scholarships are awarded to students who come from underrepresented backgrounds, including minorities, first-generation college students, and low-income students.
  • Athletic scholarships: These scholarships are awarded to students who excel in sports and plan to continue playing at the college or university level while studying abroad.
  • Research-based scholarships: These scholarships are awarded to students who plan to conduct research while studying abroad.
  • Language-specific scholarships: These scholarships are awarded to students who plan to study a particular language while abroad.
  1. A merit-based scholarship

It is a type of financial aid that is awarded to students based on their academic achievements, leadership skills, community involvement, or other exceptional talents. These scholarships are usually awarded to students who have outstanding grades, high test scores, and strong extracurricular activities.

The criteria for merit-based scholarships can vary depending on the organization offering the scholarship. Some scholarships may also consider factors such as the student's financial need, ethnic or cultural background, or intended field of study.

To be considered for a merit-based scholarship, students usually need to submit an application that includes transcripts, test scores, essays, and letters of recommendation. The application process can be competitive, as many students will be applying for the same scholarships.

Merit-based scholarships can be a great way to finance a college education or study abroad program. They can help cover tuition costs, living expenses, and other educational expenses. If you're interested in applying for a merit-based scholarship, make sure to research available scholarships early and submit a strong application that highlights your achievements and talents.

  1. A need-based scholarship

It is a type of financial aid that is awarded to students based on their financial need. These scholarships are designed to help students who cannot afford to pay for college or other educational expenses on their own.

To be considered for a need-based scholarship, students usually need to submit an application that includes financial information, such as income and assets, as well as other personal information such as family size, number of dependents, and other expenditures. The organization offering the scholarship will use this information to determine the student's financial need.

Unlike merit-based scholarships, need-based scholarships do not typically consider academic achievement, leadership skills, or other talents. They are only given based on need for money.

The amount of money awarded through a need-based scholarship can vary depending on the organization offering the scholarship and the student's financial need. Scholarships can help cover tuition costs, living expenses, textbooks, and other educational expenses.

If you're interested in applying for a need-based scholarship, make sure to research available scholarships early and submit a strong application that accurately reflects your financial situation. It's important to note that some need-based scholarships may require students to maintain a certain GPA or participate in specific activities to maintain eligibility.

  1. Diversity scholarship

It is a type of financial aid that is awarded to students who come from underrepresented backgrounds or groups, including minorities, first-generation college students, low-income students, and other groups that are traditionally underrepresented in higher education. These scholarships are designed to promote diversity and inclusivity in the classroom and on college campuses.

To be considered for a diversity scholarship, students may need to demonstrate their membership in an underrepresented group or provide other information about their background and experiences. Some diversity scholarships may also consider academic achievement, leadership skills, community involvement, or other talents.

The amount of money awarded through a diversity scholarship can vary depending on the organization offering the scholarship and the student's financial need. Scholarships can help cover tuition costs, living expenses, textbooks, and other educational expenses.

Diversity scholarships can be a great way to finance a college education or study abroad program. They can help make higher education more accessible to students who might not otherwise have the opportunity to attend college or study abroad. If you're interested in applying for a diversity scholarship, make sure to research available scholarships early and submit a strong application that accurately reflects your background and experiences.

  1. Destination-specific scholarship

It is a scholarship that is awarded to students who plan to study in a specific location or country. These scholarships are designed to encourage students to study in a particular destination, either to promote educational opportunities in that location or to foster cultural exchange.

Destination-specific scholarships can be awarded by governments, universities, private organizations, or non-profit organizations. The eligibility criteria for these scholarships vary depending on the organization awarding the scholarship and the destination country. Some scholarships may require students to have a certain level of academic achievement, while others may require students to demonstrate financial need or proficiency in a particular language.

If you are interested in a destination-specific scholarship, you should research the various scholarship options available in your desired location. You can check with the universities you plan to apply to or search online for scholarships offered by government agencies, non-profit organizations, or private companies. It's also important to make sure that you meet the eligibility criteria and follow the application instructions carefully.

  1. Research-based scholarship

It is a scholarship that is awarded to students or researchers who are pursuing research in a specific field or area of study. These scholarships are designed to support research efforts and encourage innovation and development in various academic disciplines.

Research-based scholarships can be awarded by government agencies, universities, private organizations, or non-profit organizations. The eligibility criteria for these scholarships vary depending on the organization awarding the scholarship and the specific research area. Some scholarships may require students to have a certain level of academic achievement, while others may require students to demonstrate their research skills and experience in the field.

To apply for a research-based scholarship, you typically need to submit a research proposal outlining your research objectives, methodology, and expected outcomes. You may also need to provide academic transcripts, letters of recommendation, and a personal statement explaining your motivation for pursuing research in your chosen field.

If you are interested in a research-based scholarship, you should research the various scholarship options available in your desired research area. You can check with the universities or research institutions you plan to apply to or search online for scholarships offered by government agencies, non-profit organizations, or private companies. It's also important to make sure that you meet the eligibility criteria and follow the application instructions carefully.

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