Study Abroad: Finding it difficult to meet the expenses of studying abroad? This is how you can fulfill your dream

Study Abroad: Every year lakhs of youth go abroad to study. Although it is not easy and the first problem for this is money. There are some ways in which money can be arranged to fulfill the dream of studying abroad. Here information is being given about some such methods.

education loan

You can take loans from banks or other financial institutions for studies abroad. Just like home loan or personal loan or gold loan, education loan is also taken. The special thing about an education loan is that its interest rate is usually lower than a personal loan and there is no EMI to be paid during studies. Apart from this, even after the completion of studies, for some time there is time (moratorium period) to find a job.

Shock to small savings investors, even after increasing the repo rate, interest rates of schemes like PPF, NSC, KVP did not increase

Scholarship

Just as universities-colleges in their country give scholarships to students, in the same way scholarships are available abroad. This scholarship is available either on the basis of merit or on the basis of sports or on the basis of skill. You can choose the college for yourself according to the ratio of your budget and scholarship.

sponsorship

Apart from scholarship, sponsorship is also an option for studying abroad. Under this, the study is completed in two ways. Under a corporate sponsorship, the company you work for bears the cost of your studies and you will have to work for these companies after completing your studies. On the other hand, under the second option sponsored degree, a company funds your studies and then after the completion of the course, you have to work in the company for a limited time. In this bond has to be filled i.e. if you leave the course midway, you will have to pay damages.

Documents Needed for ITR Filing: The deadline to file ITR is near, keep these important documents ready

part time jobs

Along with studying abroad, you can also do part time job. However, there may be some guidelines for this like the hours of part time are fixed and you cannot work part time for more than that.

free study

There are some countries where no fee is charged for higher education. In this way you save a huge expenditure. However, the accommodation and food facilities there are not free and you will have to bear the cost.