Planning to study abroad? Then you already know that tuition fees and living costs can quickly add up to a large budget for your education. Luckily, scholarships provide the essential financial support that so many students need.
In this article, you’ll find answers to the following questions:
- What is a scholarship, and how is it different from grants and student loans?
- Who can apply for a scholarship?
- How can you apply for a scholarship?
- How to find study abroad scholarships?
- What types of scholarships are out there?
Before diving right in, here are a few universities we recommend for studies abroad:
- University of California, Berkeley (UCB), the US
- University of Toronto, Canada
- Imperial College London, the UK
- IU International University of Applied Sciences, Germany
- Université de Lyon, France
- EU Business School, Spain
- University of Canberra, Australia
What is a scholarship?
According to the Cambridge dictionary, a scholarship is “an amount of money given by a school, college, university, or other organization to pay for the studies of a person with great ability but little money.” I will add that some scholarships are more flexible, allowing all students to apply regardless of their academic abilities or finances.