Isn't cost the first element that comes to your mind when you think of foreign higher education? Hasn’t the idea of studying in the US lingered in your mind? Pursuing higher education in the US has been a dream of many Indian and South Asian students. Students of diverse backgrounds, at various points in their academic ladder, wish to study in the US as the country has some of the best educational institutions in the world.
Everything has a price and education is no exception. You might have to spend a lot of money for your education but a degree from an internationally celebrated institution and a career following that will make up for the investment. If you are that gifted student with impeccable academic record you might get funded for your education and living expenses abroad. Students are funded through scholarships, grants and fellowships on a regular basis by the government and non governmental institutions. Below are some of the American and Indian financial aids available for students.
American Financial Assistance for Indian Students
Financial aid is a significant chance serving thousands of meritorious students to finish their higher education and understanding the potential of Indian students, the US offers several prominent scholarships, grants and fellowships. Some of the popular American scholarships, grants and fellowships are:
Washington & Jefferson College Merit-Based Scholarships are offered to international applicants amounting up to $5,000 per year with a possible increase up to $20,000 over four years of classes.
Council on Library and Information Resources Mellon Fellowships provides a stipend of $2,000 per month ranging from 9-12 months. Each fellow will get an additional $1,000 upon participating in a seminar on research in original sources and submitting a report adequate to Cross Language Information Retrieval (CLIR) on the research experience contributing to the maximum award of $25,000.
Fulbright Foreign Student Program is a $ 20,000 grant designed to increase the understanding between the US and other countries. 10 Fulbright grants are sponsored by the US Department of State and 2 are sponsored by private organizations as “Friends of Fulbright” towards the cost of tuition fee and other expenses. These are non-renewable grants for 10 months.
International Fulbright Science and Technology Award is a funding for students pursuing Ph.D. study at top American institutions.
The Fulbright Foreign Language Teaching Assistant Program funds foreign students who are doing a degree in teaching English as a foreign language providing students with the opportunity to study English at an American institution, while learning American culture and customs.
The American Association of University Women sponsors annual International Fellowship for women in 116 countries, funding them to pursue their graduation or under graduation at a renowned American Institution.
Humane Studies Fellowship is a non-residency program which awards $2,000-$15,000 per year.
Roothbert Fund Scholarships are awarded to eligible students with impeccable scholastic record. The scholarship starts from $2,000 to $3,000.
Rotary International Ambassadorial Scholarships have been awarded to thousands of eligible scholars. The 2010-2011 class of Ambassadorial Scholars received $9.6 million through individual grants of $25,000.
As an international student you should also consult the Institute of International Education for information on other grants, fellowships and scholarships, for higher education in the United States of America.
Indian Financial Assistance for Indian Students
In India most scholarships and grants are provided in the form of interest free loans by nongovernmental Indian institutions and by the Indian government to help Indian students who are looking to study abroad.
National Overseas Scholarships\Passage Grants comprises 30 overseas scholarships and five passage grants awarded by the central government. 27 scholarships and four passage grants are awarded to Scheduled Castes, two scholarships and one passage grant is awarded to Nomadic and semi-Nomadic Tribes and one scholarship is awarded to Landless Agricultural Labourers and Traditional Artisans.
American Alumni Association Scholars Abroad Program is a merit-based grant for international educational exchange of students, scholars, teachers, professionals, scientists and artists.
Asian Cultural Council Grants and Fellowships enable cultural exchange between Asia and the US in the performing and visual arts, providing individual fellowship grants to students and specialists from Asia to study, research, travel and work in the US.
So here is the chance, with exemplary higher secondary scores and qualifying test scores American higher education is no longer a distant dream. Hope this article helped you understand the various kinds of financial assistance available for higher education in the US.
Apply Now! All the Best.