While studying abroad is generally considered more expensive than studying in your home country, an international degree brings its own incredible value.
An international degree is also far more accessible and affordable today than it has been in the past.
So, if you’re considering a degree abroad, keep reading to discover why now is a great time.
Scholarships
Fortunately, there are a wealth of scholarships available for international students, some of which you’ll be considered for automatically upon applying, that make studying abroad extremely affordable and easy.
There are generally two classifications of scholarships: internal and external.
1. Internal Scholarships
Internal scholarships are scholarships that are offered directly from the university you’re applying to.
Internal scholarships also can be separated into two categories: entrance scholarships and application scholarships.
Entrance scholarships are scholarships for which you will automatically be considered when applying to a university. They are generally merit-based awards given to students based on GPA, standardized test scores, and essay responses.
Application scholarships are specific scholarships which you need to apply for in order to be considered. Information about eligibility and requirements for these scholarships can generally be found on university websites.
2. External Scholarships
External scholarships are scholarships that are offered by third parties outside of the university you applied to.
For instance, governments, private institutions or other donors can offer scholarships for students. These scholarships may have restrictions, such as the field of study, and are also awarded on an application-base.