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Strategies to fund your studies
Article in Deccan Chronicle - March 05
Funding Postgraduate study opportunities vary from country to country .The tuition fee is obviously one of the biggest costs, but other things to be taken into account are travel expenses, accommodation costs, cost of living etc.
Jessica Daniels, Associate Director of admissions and Financial Aid at the Fletcher School of Law in the US, says research is the key to helping you track down funding:” While applying, spend time in searching for fellowships and scholarships. As the sources of funding vary considerably, there is no centralized process to apply for outside scholarships, and many of these wards can only be obtained while students are in home countries. Waiting until an admissions decision is received may leave too little time to identify outside sources of funding.”
All institutions offer scholarships and bursaries, so make sure you explore all the opportunities by contacting the relevant departments .For studying in the US, a good place to start is the website www.fundingusstudy.org which contains an extensive database of scholarships. Teaching assistantships or research assistantships are available in many institutions. Universities in the US earn more than US$ 45 billions from research , so each is going to have many opportunities for research , especially for postgraduate students , who can work up to 20 hours during term time .There are also opportunities for teaching- although payment may be in the form of fee waiver , for instance in Malaysia.
Another source of money would be employment. But each country has its own rules. And then of course there are the banks that can arrange private loans to help finance your studies.
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