7 WAYS TO INDEPENDENTLY FUND STUDYING ABROADPosted by Rishabh Sharma on January 30th, 2017 Whether you are funding study abroad yourself, looking for a way to help your parents save some cash or splitting with your parents, here are some tips and tricks to saving to study abroad on your own.
4. A Parent Loan: Take a private loan from your parents. Make an official document that outlines a set of amount that will be loaned and the time frame you will be granted to make monthly payments to pay off the loan. You can start paying the moment you get back from being abroad. 5. Tax Return: Choose to study abroad in spring and enjoy a nice influx of cash when you get your cash return around April. Or you can request that your parents not claim you as a dependent and this way you will get a little extra cash. 6. Scholarships: There are many government and privately funded scholarships that can be obtained for studying overseas. Many university study abroad counselors can provide a list of popular popular scholarships for you to consider. Don’t forget to some Personal research. 7. Choose a Cheap Cost of Living: One of the most important thing to consider when choosing to study abroad is the cost of living in that city. Countries with a less valuable currency have a lower cost of living. If you are thinking to study overseas and pay on your own, it's better your start planning early, a year in advance at least. You should know exactly what is expected of you financially. If not financially prepared, you would have to withdraw, which would be the worst feeling. Like it? Share it!More by this author |