Financing Study Abroad: Scholarships & Grants

 

Getting Experience

Financing Study Abroad: Scholarships & Grants

[ID:0217]Going abroad to study can be an expensive proposition, but don't let the cost deter you from pursuing your dream of building high-value international experience. You can offset costs by saving up, or by applying for awards, scholarships or grants.  The most important thing you can do for yourself is to start early. Many funding opportunities have lengthy lead times, requiring you to submit various types of paperwork and to have an exact budget prepared for your study abroad adventure.

The whole process will require you to do independent background research, careful planning and lots of follow-up. But although it might be a lot of work to get your finances in order, you will not regret it!

Now, let's take a look at some of the common funding providers. Keep in mind that in North America, "double dipping" is often not allowed. For instance, if you receive a federal loan, a school grant and an outside scholarship, the amounts will likely have an impact on one another and the amounts may decrease or be cancelled out. 

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