Here Are 3 Ways to Fund your study abroad.

Education Loans and 3 Ways to Fund your study abroad

Some financial institutions (often in partnership with universities) offer education loans to international students. These loans can help cover tuition, living expenses, and more.
But here’s the thing, loans mean debt. And if you’re moving to a new country without a stable income yet, repaying that loan can become stressful very quickly. It’s an option, but not always the best one. I don’t advise anyone (especially coming from Africa) to go through take the option); but it’s your choice. How Mpower study loan can help travel abroad

Self-funding and 3 Ways to Fund your study abroad

You have enough money to carter for your studies and your living expenses abroad despite the inflated exchange rate. Or your family is buoyant enough financially to fund your study abroad expenses.
In my class we were 4 Nigerians; out of the 4, I was the only one who came in with scholarship (not even fully funded). I know a girl in my class whose parents paid for everything- I mean £20k fees + one year hostel accommodation in one of the best hostels in the university. So if you are in this bracket; you have no issues.

Scholarships and 3 Ways to Fund your study abroad

Now this is the game-changer. Every year, over $1 billion in scholarships is given to international students by universities and other institutions. And it’s not just about free tuition, in many countries like US, Canada, Sweden, Germany, and the Netherlands, getting a scholarship can also put you on a faster path to Permanent Residence (PR).
So not only do you get your education funded, you also increase your chances of building a long-term life abroad in your field.

This is why, I talk about scholarships all the time.
Good thing is, there are a lot of them out there.
You just have to have the resilience to find them, prepare for them and apply.