Funding options for foreign studies
Educational loans are the best means of financial aid for sponsoring the abroad education. Banks will help in arrangement of funds as parents usually well aware about their financial condition. So, it’s better to approve your loan in advance. There are number of foreign and private banks that are providing loans for foreign education. Banks demands collateral for educational loans which may be insurance policies, FD’s, NSC’s or a house of same worth. They charge some simple or compound interest on the loan amount which should be paid during the education period otherwise it will be added to the principle loan amount. So, it is good if the interest amount should be paid during the tenure of education either by parents or their wards.
Also as per universities norm, one can choose two-three family sponsors. So, if you have any relative who can sponsor your fund, then it will help you in decreasing the loan burden. One can pay the dues according to his own convenience to their relative. But in case of Educational loan, you have to repay the whole amount within 5 to 7 years after completion of your course. Repayment of loan starts either from 6 month after getting a job or one year after course completion.
Funding options for foreign studies
There are plethora of scholarships available in market but then which one is right for you and which ones are the best suited. Well, there are many and everyone has their own rights and wrongs. For today we present to you details of “Jane M. Klausman Scholarship”.
- What is it?
- It was established in 1998 by Jane M. Klausman, a member of Zonta Club of Syracuse, New York and Zonta International Parliamentarian. It is awarded annually to women pursuing undergraduate or master’s degrees in business management. These scholarships may be used for tuition, books or living expenses at any university, college or institution often accredited with business courses and degrees.
- Are you eligible?
Women of any age pursuing a business-related program who demonstrates outstanding potential and are living in Zonta district/region are eligible. Although women living in areas with no zonta club are also considered. You can even apply online.
But if you are a classified member or employee of Zonta international foundation and the Zonta international or a family member, you are not eligible to apply.
- What is the process?
- The Jane M. Klausman Women in Business Scholarship program operates at the club, district/region and international levels of Zonta International. You may not apply to more than on Zonta district. Applicants are nominated by a local Zonta Club. These are then sent to the respective Zonta governor/regional representative. One applicant per district/ region is selected and sent to the Zonta International Headquarters. In all, 12 international recipients are selected from the district/region applicants.
- What is the deadline?
The applications must be completed and submitted according to the club’s assigned deadline.
A club recipient is selected and the name is forwarded to the governor/regional representative by 1 jury 2015. The region recipient is selected and it is sent to the Zonta International Club by 1 September 2015. International recipients will be contacted by the mid October.
So, if you have the dream to change the world, scared about the money, go on and apply for the scholarship. Live Your Dream.
Scholarships are what most of us are in dire need of. The fact is we all need it. But many of us scare away from them because there might be chances that you get stuck in scholarship scams. There are people who can fraud you in the name of scholarship. And the truth is yes it does happen. So, how to be wary of them?
The easiest way to do this is ask yourself,” Is the scholarship too good to be true?Your intuition is correct most of the times. It could be that the application process is very easy or maybe you have to pay to get the scholarship. If the website offers you “guaranteed scholarship” or you receive an unsolicited email, it is better to stay away from it.
Is the scholarship authentic?
Conduct an online search of the scholarship. If you find more information about it, maybe it is authentic. But if there are less search results regarding it, just leave it.
One thumb rules while taking scholarships, stick to official websites or use free scholarship search service.
Money cannot buy dreams. There are so many of you talented enough to change the world, but stop themselves thinking maybe you cannot. Some of you having confidence but fear the fact that you are poor and getting into the right universities may be costly and beyond your scope. Before you make any life changing decisions remember, universities are not hungry of money. They want talented students. And if you have the talent, they provide you with the scholarships.
There are many scholarships that are provided by the universities. A university never wants someone who is just good in studies. They want people from different backgrounds, people with different stories, people who are ready to leave their comfort zone and become something better. To make sure it happens, following are some of the scholarships universities provide-:
Scholarships for minorities
Scholarships for women
Community service scholarships
You need not to be the best student or best athlete but the best of you to get a scholarship. So, what are you waiting for? Find out what makes you unique? What is that one thing that is the best about you? And if you are yet not the best version of yourself, become one. Remember, you can never be the best copy cat but you can always be the best version of you. BE THE BEST, YOU CAN BE and LIVE YOUR DREAM.