A scholarship is an award of financial aid given to a student for the purpose of furthering the student’s education. Scholarships are usually awarded based on criteria’s such as academic performance, diversity, field of study, country of origin or any other purposes deemed necessary by the donor or founder of the award.
Many universities have introduced scholarship programs for incoming international students who are required to pay tuition fees.
A number of governmental and non-governmental bodies, including educational charities, provide financial assistance to a range of students seeking education abroad. You can also approach commercial and industrial companies in the fields related to your specialization.
There might be scholarships, grants and student loans provided by your local government as well. Inquire about the different options from the Ministry of Education in your own country.
The competition for scholarships are often hard as there is a limited number of awards, however, it is always worthwhile applying for the ones relevant to you. You should begin your research early on as some scholarships require you to apply a year before your courses starts.
Although the competition for a scholarship might be hard, a couple of days of work can potentially generate a significant reduction in your tuition fee. Many students often think they don’t have a chance, thus the scholarship recipients are usually students who were willing to put the time and effort in the application.
More information about the scholarship can be found here.
It’s often also possible to apply for study abroad scholarships or grants in your home country.
The easiest way to get information about such possibilities is to visit the website of your country’s Ministry of Education, or contacting them through email or phone.
Edunation also offer our own scholarships for international students interested in studying at one of our partner universities in Finland.
If you know of a good sponsor not listed here, feel free to suggest it to us!