However, many students falsely believe that studying abroad is too expensive for their budget and don’t know where to start on the scholarship application process in a different country. The good news is that there are plenty of study abroad scholarships for international students who are interested in pursuing a course or a degree abroad. Many universities and other institutions of higher education set goals to recruit a specific number of students from abroad as a way to diversify their student body and enrich the cultural experience of the campus.

That’s why many schools have created scholarships specifically for international students who otherwise may not have been able to afford it. Likewise, many universities also offer their own students the chance to study abroad by offering similar study abroad scholarships. There are also plenty of independent organizations that offer global scholarships to interested students as a way to promote education and international relations. These organizations are often run by former students who have studied abroad themselves and recognize what a fun and enriching experience it can be.

The important thing is that you understand which scholarships are available and which you are eligible to receive. Once you see how much support is available and you apply to receive as many scholarships as possible, all that’s left to do is start deciding where your top study abroad destinations are.

What Will a Study Abroad Scholarship Cover?

Depending on which global scholarship you receive and who is providing it, what the scholarship will pay for or not varies greatly. Most scholarships are designed to cover your basic cost of studying. This includes the cost of tuition, student fees, books, and any other school-related costs. In some cases, a portion of our living costs will also be covered, including the cost of food and accommodation. Other international scholarships are less strict. They will simply provide you with a lump sum of money which you can apply to your studies however you deem appropriate. That doesn’t mean spend your money on just whatever, it’s all still meant to fund your education. The difference is that you’re able to prioritize your own budget and apply the financial aid accordingly.

Often times, scholarships also come with stipulations from the donor. Most organizations consider it as an educational investment rather than simply a gift. For that reason, college scholarships usually have strings attached. It’s common for scholarships to require a certain grade point average throughout your studies or for a certain performance level to be maintained for you to continue receiving financial aid.

It’s also important to take into consideration when the study abroad scholarship money will be awarded. Scholarship money is most commonly paid out in a lump sum before the start of the semester, but can, in some situations, be distributed in installments throughout the year. Scholarships are either paid to the student or to the school bursars office directly. Each school or organization has their own procedures for when scholarship money will be awarded. Make sure to ask in advance so that you’re not stuck with a big bill and no funds to cover it.

Who Provides Study Abroad Scholarships?

Scholarships can come from many sources and usually you’re eligible to receive more than one form of aid. Check the guidelines for each global scholarship to see what you qualify for. There are several different sources for scholarships funding such as:

• – Schools
• – Government
• – Organizations
• – Businesses
• – Private donors
• – Often times, these institutions are run or influenced by people who have studied abroad themselves and understand the value of an international education. This is a huge benefit to students who want to study abroad, especially since many scholarships are reserved specifically for them! It’d also be helpful to look into the profiles of the previous scholarship recipients and even reach out to them for advice.

Sources of scholarships for international students will also vary from country to country. Whichever type of scholarship you decide to apply for, remember to be patient and persistent! Scholarships are an excellent way to help you achieve your study abroad dreams. Continue reading to learn more about each individual scholarship provider.