Monetary Benefits of Studying Abroad

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Studying in the US, Canada, Australia, and other countries is a dream for many teenagers, this not only opens the inner chambers of your brain into a new environment and provide you education from best mentors around the world but also benefits any person financially. It will be helping you upgrade your knowledge as well as in making a stable living.

FUNDING FOR STUDY

Many students aspiring to study abroad have a financial constraint stopping them from reaching their goal. Well, a lack of money should never be a barrier between a person and an education. Here are some scholarship programs which help students financially to perceive any education abroad.

1.Commonwealth Scholarship:
This scholarship is for those who are applying for masters in the United Kingdom. This scholarship requires a minimum of 65% in Bachelors and 60% in 12th grade. It covers tuition fee, airfare, and other expenses

2.Fulbright-Nehru Fellowships:
This is for those applying for post-graduation in the United States. They require 3 years of work experience. It covers tuition, airfare, textbooks, and living

3. Tata Scholarship:
This scholarship is for Cornell University. It is for undergraduate students and it secures up to 8 semesters. Food, medical and living will be covered.


SALARY DIFFERENCE

It is well observed and known that the salary difference between India and abroad especially places like the UK is great. The pay for any job abroad is at least 3 times more than that of India. It is noticed that in the IT sector Indians are making 5 to 6 times lesser than those doing the same job in the UK. For instance, Lawyers in India is paid up to 10 lakh per annum whereas in countries like Germany they are being paid up to 80 lakh per annum in Indian currency. This difference is one of the main reasons many of the Indians are attracted to other countries.


EARNING WHILE STUDYING BY WORKING UNDER PROFESSORS

Students doing postgraduate courses abroad may get a chance to work for their professors. The internships can be like mentoring undergraduates and clarifying their queries and also helping the professors in research work. And earn while doing projects with them. This helps in better understanding of the course. A student can earn a handful from this. But these internships are only awarded to those having higher grades and with merit. Also, other students who are willing to can tutor students privately.


FREELANCING

Freelancers are those who work on their schedule, they will not be bonded to a certain company. This is why they are not obligated to work for a single company for a certain period. So until you complete your education and secure a job, freelancing can help in earning money in comfortable working time. Freelancing includes various categories from online tutoring to software development.


WORKING ON CAMPUS

Taking up on-campus jobs is one of the most comfortable ways to earn money while studying. The college itself offers you some job on the campus on your requirement. As this is in college you can have a balance between work and study. This includes jobs like Library attendant, Mailroom attendant, campus ambassador, Teaching assistant, administrative assistant, event caterer, residence assistant.

There are a lot of ways to earn while studying abroad. Although scholarships will be provided by many colleges themselves, working while studying will help you make money for other requirements.

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