Of course InternationalStudentLoan.com is best known for helping international students discover and compare loans to fund their education abroad.
However we are also part of a larger network including IEFA.org, InternationalScholarships.com and InternationalStudent.com
And that’s why today we’re sharing a great opportunity for Central American Students interested in or already studying at an approved school in the USA or Canada – the Central American Scholarship Program by InternationalStudent.com and MPOWER.
Learn more about the opportunity over at IEFA.org
If you need financial support to study abroad it’s important to find the right scholarship for you. There are several different scholarships to which you can apply, but as you search through the various options you’ll realize each has different requirements. Below are just a few categories that scholarships often put requirements and limitations around.
Many institutions and organizations offer scholarships based on the course you’re studying. It is common for fields that require greater numbers of graduate workers to incentivize study in that subject area. For example, some states or institutions may be lacking in qualified specialist nurses or criminal justice and finance managers, therefore providing grant opportunities such as the Global Nursing Research Grant.
Scholarships in specialist fields encourage students to make their studies more tailored to their future career by alleviating financial pressure. Therefore, graduates studying more general subjects, such as literature or history, may have a better chance of finding a scholarship based on different criteria.
Institution Specific Scholarships
Each institution has its own scholarship(s). Many universities provide financial support to students based on family income or academic success and potential. The criteria for these types of scholarships is usually to show you are a candidate of distinction – to have great grades, experience in an internship or volunteering program, to have extra-curricular hobbies and to show the institution what you can bring to the department by studying there. As well as university-wide grants, some departments offer scholarships only available to students within that specific department, reducing the competition.
Check out the rankings to see which institutions offered the most financial aid to their students last year.
If you have a specific talent or extra-curricular interest you can apply for a talent-based scholarship. Many universities and companies offer grants to students with extraordinary skills in sports, the arts, and other areas outside of major work. You will be expected to prove your talent and be part of the sports team or music department, as well as maintaining excellent grades, to be eligible for this type of scholarship.
Companies, particularly big multinationals and law firms, often offer scholarships for students who intend to work in the company after they graduate, or as an intern. This is particularly common for MBA students (Master of Business Administration).
Consider internships with big companies near the institution you are going to attend to get your foot in the door. Also reach out and contact the department you are interested in for your future career to see if they have any grant opportunities. The worst they can do is say no, at best they may offer you a grant, internship or part-time job.
International Student Scholarships
Maybe surprisingly, some grants are provided for international students to gain valuable life experience by studying abroad. That’s right, you could be paid simply for attending an institution in the US as a foreign student. Employers recognize that traveling out of your comfort zone, learning to study in more than one language, and engaging both academically and culturally, are great qualities in employees.
Visit the Study Abroad Scholarship search engine for a comprehensive list of scholarship opportunities for international students.
On October 1st, the Institute of International Education (IIE) announced that more than 600 partners have committed to the Generation Study Abroad Initiative and have pledged a total of $185 million.
Established by the Institute of International Education in 2014, Generation Study Abroad is a five-year initiative whose goal is to double the number of U.S. students who study abroad by the end of the decade. This initiative has brought together partners from K-12 organizations, U.S. universities and colleges, social networks, and international universities and organizations to address the biggest obstacles students face when deciding to study abroad: cost, curriculum, and culture.
In just one year, these partners have begun to make practical changes to address these issues by focusing on: Read the rest of this entry »
Saudi youth can start 2015 right, knowing that they can fund their entire international education as a King Abdullah Scholar. This scholarship, founded in 2005, provides students in Saudi Arabia the opportunity to attend partnering foreign universities through government sponsorship. The Saudi Arabian Ministry of Higher Education‘s mission being to foster the professional and intellectual competitiveness of Saudi youth in the international job market and in their own country. Since its establishment, the King Abdullah Scholarship Program (KASP) has become the main source of funding for more than 90% of Saudi students who are completing degrees abroad. Read the rest of this entry »