Tuesday, December 18, 2007

Studying Abroad Cost and Fees

Studying abroad often requires financial assistance for extra expenses such as travel, accommodations and materials, which can make it a greater financial commitment. Though studying abroad is comparatively expensive, you can reduce your expenses to an extent. A number of universities and colleges offer financial aid in the form of scholarships, tuition fees waivers, and part-time work options. However scholarships are usually numbered. It is recommended that you start the search for aid early, if you want to seek admission to a programme that is not within your budget. Many countries like the UK and Australia allow you to work part time on your study visa. You can work part time to fund your tuition fees.

You can also look out for international student loans. As the lending rates in countries such as the US and Canada are lower than that of India, loans are available at competitive interest rates. There are no application fees or out-of-pocket fees you need to pay when applying for International student loans. All you have to do is fill an online loan application and you will receive funds within 5 working days after submitting the complete online loan application. Students can actually find out within 15 minutes if they qualify for the preliminary approval or not.

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