Funding options for foreign studies

Funding

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.

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Write SOP Effectively

While applying abroad for further study ,many universities require you to write a statement of purpose or SOP. The SOP can be a make or break situation for you. most of the times it so happens that although people are quite good in other aspects of the application process a poor SOP makes them lose it all.
You must be wondering how could a mere essay decide your destiny? Well,a SOP is considered to be the reflection of your personality, your intentions and your future goals.
Learn how to

Write SOP Effectively

  1. You need to tell the reason why you chose the particular university or the pro-gramme.
  2. If there is a break in your academic or professional life, you have explain it in SOP.
  3. Explain the reason for any low marks that you have got in academics.
  4. Don’t repeat information that is already mentioned in other documents.
  5. Make sure there are no grammatical errors or bad prose.
  6. Every sentence in your SOP must be true.
  7. Explain your future goals and how you will achieve them.

In doing all this make sure you remain within the word limit. Also, when explaining your future goals, make sure you don’t make any bombastic goals which are impossible to achieve. Back every statement of yours with a practical example or a way to achieve it. Remember, this is it. Your destiny is decided by this one sheet of paper, make sure it reflects the best of who you are.

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Why Prefer Singapore?

Singapore has become one of the most preferred Asian country to study MBA. Check out here for the reasons to the question, “Why prefer Singapore”

Global And Multicultural Exposure
With about 80,000 international students Singapore is truly becoming a miniature world of its own kind. In NUS, alone 91% of the students are international students. With so many students from different cultural backgrounds and diverse nationalities, it becomes really exciting to study in Singapore. You actually end up polishing your personality, get to know about yourself from a completely different perspective and enjoy the diversity. Even more the exchange programs, international study trips being part of the curricula makes learning all the more exciting.
Best Student City
Singapore is one of the world’s best student cities, according to QS Best Student Cities 2015. The low crime rate, high standard of living, diverse student community and being voted as one of the happiest countries makes studying in Singapore a rich experience.
Great Career Prospects
As per the policies of government funded institutions it is mandatory for MBA abroad aspirants to stay and work in Singapore for three years upon completion of the graduation. This actually acts as a bonus because you have the opportunity to work in Singapore immediately after completing the MBA. Even more job opportunities in Singapore are more than any other Asian country and the employers always look for international candidates to globalize their work force.

While deciding country for the study abroad, remember it doesn’t matter how good the country is, what matters is how well it fits into your idea of success.

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United States Of America

USA is one of the top most destinations students prefer for studying abroad. The fact is you don’t study in country, you rather you study in the state. Choosing a country to study abroad is lot more easier than choosing a state of the country, especially when it is USA. USA has 50 states with Washington DC being its capital. The most interesting thing about USA is that all the states have a distinct regional identity.

Although most people recognize USA with wall street or Walt-Mart or Google, it actually also has places with open spaces. It comes with its own diversity and when you choose a state it is better to choose the one which fits you perfectly. So, how do you know which state to study in and which one doesn’t fits you well. what are the places to visit and what are those that can be avoided. What makes the place unique and what are the similarities. Well, there are fifty states and we cannot tell you about all of them in just one post. So, if you are interested in knowing more about the states of USA and figure out which one is the best for you, just click on the United States Of America tab and choose the state you wish to know about or USA in general.

Always bear in mind, there are people who will give you advice, tell you what is right and wrong, and those people are not wrong, but you should always listen to your heart. Because no matter anyone knows it or not, your heart already knows what you want in life.

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