One of the first concerns that invades the minds of students who want to go to university abroad, is the amount of money that will represent the payment of tuition fees until the end of the course, as well as the expenses that must be covered for maintenance; especially if they have a financing program.
In many cases, this financial aid determines the acceptance or rejection of a certain academic offer; it is insufficient and the candidate cannot afford the remaining difference. Therefore, we give you more information about scholarships, as well as advice so you can take the most suitable one for you.
Types of scholarships
Total scholarship: it is the scholarship desired by all, upon receiving it, all the university costs are covered, including: tuition, lodging, transfers and maintenance.
Partial scholarship: usually covers between 35% and 90% of the total cost of university tuition. It is also known as a half-scholarship and is the usual choice of universities, because it allows them to encourage several students at the same time.
Academic excellence: as its name says, it is that aid granted by the institutions to outstanding students and that have the highest academic averages. They can be total or partial depending on the university.
Sports and artistic: are those that recognize the athletic or artistic qualities of students who combine their academic studies with outstanding performances in sports and artistic groups of the institution. They can also be total or partial.
Research: can only be for graduate students, although sometimes universities consider supporting the development of undergraduate research, granting scholarships if the proposal is outstanding.
What is the coverage of a scholarship?
Usually, it consists of a discount that is applied to the price of the license plates. It is not a payment of money to the beneficiary. In the case of an educational loan, students receive a certain amount every certain time. The coverage of the scholarships usually vary, from a thousand to about 25 thousand dollars or more.
Some of the most recognized and prestigious in the world are:
- Chevening grants from the Government of the United Kingdom
- Scholarships of the Commonwealth of Nations
- Erasmus scholarships
- Subsidies of the Royal Society
A scholarship that covers 100% … Reality or fiction?
That is the question asked by all those interested in pursuing higher education studies abroad, especially those who could only do so if they receive a sponsorship. Unfortunately, the answer is negative; there are no financial aid programs for international students that contemplate the payment of the entire course. However, some may cover 85% of the cost, but they are very limited.
Subsidies for research and scholarships:
Students should know that grants and technical scholarships are very different than regular scholarships. As researchers, they spend long hours dedicated to projects in laboratories, which are financed by large corporations or government entities. When receiving income for their work, they are subject to be replaced if the research fails or does not become economically sustainable; and the competition to get this type of place is extremely close.
How to apply for a scholarship?
This is the most important step of the entire process. Once you have made a list of the institutions in which you would like to study, check their Web pages in search of scholarship programs for foreign students. Read in detail the requirements to determine if you are eligible, and proceed to apply for each of them.
Be careful and meticulous when collecting the information requested, and send it on time. Keep in mind that in addition to these types of scholarships, many philanthropists and private entities offer help before the periods of academic enrollment.
Also, take into account these recommendations to choose the financing that best suits you:
- Study the market:analyze the future work field and see what are the specializations with which you will have greater opportunities in the future. If the scholarship for which you apply is to obtain a degree higher than the degree, consider adding value to your curriculum.
- Identify your skills: make a diagnosis of your skills to select the best scholarship option. For example, if you do not consider yourself good with numbers and plan to study something related to engineering, the path will be more uphill.
- Evaluate the funding: there are some scholarships that cover 100% of the tuition or most of the expenses, but there are others that do not have that option. If you will take a scholarship abroad, you must consider the expenses of maintenance for the duration of the program.
- Analyze the call:you should carefully read all the information and clauses of the scholarship in case there are doubts, in order to have enough time to make them known to the issuing institution before sending the request.
- Consider the language: mastering a second language is an advantage when applying and at the same time it will be more likely that students who speak the language of the destination country will receive a scholarship.
- Commit yourself: not only the average is vital to maintain the scholarship, your behavior will also be. Respect the rules of the institution and make sure you have the ability to adapt culturally.
Best scholarships for 2019
As every year, the British government offers us its full Chevening scholarships to study masters degrees in a wide selection of universities in the United Kingdom. These grants are given to people with demonstrable leadership potential who also demonstrate solid academic backgrounds.
The J. William Fulbright program offers professionals with a high degree of social commitment and academic excellence the opportunity to pursue a master’s degree in the United States as of August 2019. The scholarship is directed to all areas of knowledge, except for areas health clinics and MBAs.