5 Strategies to Study Abroad for Free

  • Posted on February 07, 2022
5 Strategies to Study Abroad for Free

The concept of receiving something for free appeals to everybody. Especially if you feel entitled to get it. In terms of education, the costs include tuition fees, exam fees, living expenses and travel expense. To get the highest quality education, one needs to go to top universities and that is never cheap or free. Then again you must be wondering the reason for writing an article on the said subject. Well, study abroad for free can also mean that you need not spend money from your own pocket and in the event, you do spend, it will be considerably lesser than your other counterparts. There are several ways to achieve this magical feat and we have listed 5 strategies to study abroad for free

5 Strategies to Study Abroad for Free

  • Sponsorships
  • Education Exchange Programs (EEPs)
  • Scholarships
  • Bursaries
  • Paid Internships

Depending on your degree of specialisation, you may be able to obtain your costs sponsored by a corporation, firm, or institution. Corporate sponsorship is when a firm with which you have a connection (for example, you work for them and wish to continue working for them while you study or after you graduate) pays your tuition. A Sponsored degree, on the other hand, is unique in that you do not need to have a relationship with the firm. This type of sponsorship is typically employed by businesses to attract talent to their workforce. Finally, a business scholarship is a cost discount granted by a corporation in exchange for you finishing a certain degree, generally with added job experience and mentorship on the side.

Education Exchange Programs (EEPs)
In the sector of education, the Indian government has signed Memorandums of Understanding (MOUs), Education Exchange Programs (EEPs), or Joint Declarations of Intent (JDI) with 54 nations worldwide. The goal of such agreements is to encourage student exchange programs. The list of nations and their agreements may be found on the Ministry of Human Resources and Development's official website (MHRD).

Aside from that, eight nations, including South Korea, China, Mexico, the Commonwealth Scholarship (UK), the Commonwealth Scholarship (New Zealand), Israel, Hungary, and Italy, provide scholarships to Indian students to take up higher studies in their countries. Interested students can apply for these scholarships online, and the MHRD assists the nomination process.

There are a plethora of chances accessible to people with good academic credentials, from a low-income family, or working in a particular sector, depending on the institution, nation, and course. A fully financed scholarship is one method to pursue higher education without putting too much strain on your finances. Obtaining a fully financed scholarship, on the other hand, is exceedingly difficult due to a large number of applications vs the restricted number of scholarships available. There are several sorts of scholarships, such as general scholarships and specialised financing schemes. Scholarships are also provided by specific colleges, government agencies, philanthropic organisations, and certain private businesses. Scholarships cover two categories of expenses:
Tuition fee

Living expenses
Other scholarship schemes include those which are given to some specific groups like ‘Central Sector Scheme of National Overseas Scholarship for SC etc. candidates’ which is awarded, to SC students whose annual family income does not exceed INR 6 lakh, by the government of India.

A bursary is a monetary reward awarded based on financial necessity. They are not the same as for scholarships which are often merit-based and granted for academic performance. Bursaries, on the other hand, are need-based rewards that do not have to be returned. Various colleges and universities provide financial awards to students in the form of bursaries, allowing them to pursue higher education without having to worry about tuition and other expenditures. The terms and conditions for obtaining it differ from one university to the next. Most colleges that offer bursaries ask students to pay or contribute once they complete their studies so that others might benefit as well. In addition, in many universities, students are required to volunteer in exchange for a bursary.

Paid Internships
Paid internships feature a pay, stipend, or covering for additional expenditures, so you won't have to dip into your funds throughout your work-study programme. It may be tough for you to know where to begin your search for paid internships. Even in a booming economy, jobs for students and recent graduates can be limited, and employment for students necessitate firms providing both work and educational opportunities to their young workers. Nonetheless, many corporations, non-governmental organisations (NGOs), government agencies, and non-profit organisations provide internship opportunities as part of their recruiting strategy.

How Study Abroad Consultants Help You to Study Abroad for Free
As a leading study abroad agency in India, Campus world can guide you on the plethora of opportunities available to you and achieve the goals that are in your best interests. Each year, there are several corporates offering grants and scholarships to those in need as well students with good merit. We constantly update this list of grants and scholarships so that you can acquire them before the time is up. Also, we have tie-ups with several universities in free education countries, that offers courses at nil tuition fees. Moreover, we can help you to understand the list of part time and full job opportunities during your time abroad. With decades of experience in helping students achieve their best potential, Campus World is one of the best study abroad agencies to help you out in India.