Studying abroad is a dream for many Indian students who want to pursue higher education in a different country and culture. However, studying abroad can also be a daunting and expensive process that requires careful planning and preparation. In this blog post, we will share some tips and resources on how to plan and finance your study abroad experience from India.
1. Choose your destination and course wisely
There are many factors to consider when choosing where and what to study abroad, such as your academic interests, career goals, budget, language skills, visa requirements, and cultural preferences. You can research various study abroad destinations and programs on websites like Collegedunia, Study in India, Study Abroad, Mindler, and Go Overseas. You can also consult with your academic advisors, professors, peers, and alumni who have studied abroad before
2. Apply for scholarships and financial aid (Educational Loan)
Studying abroad can be costly, but there are many ways to reduce expenses and get financial support. You can apply for scholarships and grants from the Indian government, foreign governments, universities, foundations, and organizations. Some of the popular scholarships for Indian students are Fulbright-Nehru Fellowships, Commonwealth Scholarships, Chevening Scholarships, Erasmus Mundus Scholarships, DAAD Scholarships, and ADB-Japan Scholarships.
Applying for an Education loan is the most important step in your journey. It’s always better to start early and check if you are eligible for an education loan or not. We’d advise you to use Cynapse 5 minute Whatsapp process flow to know if you are eligible for an education loan from major public/private banks or NBFCs in India. Go to cynapse.co.in home page and click on Send Hi on Whatsapp to know now. You should also refer this FAQ for major questions regarding edu-loans.
3. Prepare your application documents and essays
To apply for study abroad programs and scholarships, you will need to submit various documents such as transcripts, certificates, test scores, letters of recommendation, statement of purpose, essays, resumes, etc. You should prepare these documents well in advance and make sure they are accurate, complete, and customized for each program or scholarship you are applying for. You can also seek help from professional counsellors, mentors, or online services to improve your application documents and essays.
4. Take the required entrance tests and language exams
Depending on your chosen destination and course, you may need to take certain entrance tests or language exams to prove your academic aptitude and proficiency. Some of the common tests for Indian students are SAT, GRE, GMAT, IELTS, TOEFL, PTE, etc. You should prepare for these tests well in advance and register for them at least a few months before your application deadlines. You can also take advantage of free tips and tricks from online sources or join coaching classes to boost your scores.
5. Apply for a visa and prepare for departure
Once you get accepted into your desired program or scholarship, you will need to apply for a student visa from the embassy or consulate of your destination country. You should check the visa requirements and procedures carefully and submit all the required documents and fees on time. You should also prepare for your departure by booking your flight tickets, arranging your accommodation, exchanging currency, packing your luggage, getting travel insurance, etc.
Studying abroad can be a rewarding and enriching experience that can open up new opportunities and perspectives for you. However, it also requires a lot of planning and financing which can be challenging and stressful at times. We hope that this blog post has given you some useful information and guidance on how to plan and finance your study abroad experience from India.