Studying abroad can be pretty expensive. While you can rely on an education loan to cover your college tuition and living expenses, a scholarship can go a long way in saving you money.
Now, applying for a scholarship is fairly straightforward. All you need to know is how to get a scholarship to study abroad and fulfil the specified eligibility criteria.
Let us break down the process for you.
1. Do your research
Information is virtually free in the age of the Internet. So, do your scholarship research online. Make sure you check for the following types of scholarships:
- location-specific grants
- program-specific scholarships
- university-provided grants
- organisation-funded scholarships
- student-specific scholarships
- government-backed grants, and more.
Also, don’t forget to look at dedicated scholarship directories of various countries. Doing this will give you a comprehensive view of the scholarships available.
Additional Read: The Best Scholarships for Indian Students
2. Narrow down your list
Now that you have a list of scholarships to apply for, it’s time to trim it down. So, you can apply for only those grants you can get and save time.
So, check which scholarships have eligibility requirements you can meet. This includes age, educational requirements, grades, certifications required and more. And if you need some help narrowing down your list, don’t hesitate to reach out to a career counsellor for help.
3. Make sure you tweak your resume and cover letters
Many scholarships require you to send your resume and a cover letter to be eligible for consideration. What’s more, these play a major role in whether you land a scholarship or not. So, update your resume and highlight stand-out academic experiences and participation in campus activities. Also, make sure to make a compelling case for being awarded the scholarship in your cover letter.
4. Ask for suitable references
Reference letters are a mandatory requirement for many scholarships. So reach out to your college professors and inform them about it in advance. That way, they can prepare for it. Additionally, remember to choose references who not only know you well but are relevant to the scholarship and would be happy to recommend you for it.
5. Keep an eye on the deadlines
When you’re applying for several scholarships, keeping track of scholarship deadlines and application requirements can become overwhelming. So, have a dedicated calendar for your scholarship application requirements and deadlines and refer to it frequently. This way, you always know when a deadline is coming up and have enough time to get your application ready.
If you miss out on a scholarship despite following these tips, worry not. You can always get a personal loan to help you out. These days lenders even offer minimal personal loan eligibility criteria to make securing a loan even easier.
Additional Read: Reasons to Choose a Foreign University for Your Education
Finance your study abroad with Tata Capital
At Tata Capital, you can get loans at the most affordable interest rates and even benefit from flex-repayment plans. Not sure which plan you want? Use our personal loan EMI calculator and select one based on your repayment capacity. It’s that simple!