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6 Tips To Make Studying Abroad More Affordable - Education - Nairaland

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Lecturer Explains Why Nigerian Youths Prefer Studying Abroad / Studying Abroad is not as Expensive as you think / 7 Reasons Why Studying Abroad Will Help You Land A Job (2) (3) (4)

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6 Tips To Make Studying Abroad More Affordable by study4free(m): 9:52pm On Mar 24, 2016
Studying abroad doesn’t have to break the bank. There is a lot of information out there online, on campus, and in the form of firsthand experience from friends and other students who’ve recently returned from studying abroad. Before you decide NOT to go due to cost, do your research.

Most people seem to assume that study abroad is expensive so much so that they write it off before even investigating programs and associated costs. This is unfortunate because studying abroad can be quite affordable, and it’s certainly worth the investment. In fact it’s probably the cheapest opportunity that most students will have to spend a significant amount of time overseas without actually moving there. But the cost of studying abroad varies greatly depending on the type and location of the program, the length of the stay, and whether the program is administered through a university or an outside organization.

In an effort to encourage more students to go abroad, many colleges and universities are committed to maintaining cost parity; in other words, a semester abroad should cost exactly the same as one on the home campus, at least as far as tuition and board. Others offer vouchers that can be used to help defray the costs of airfare, meals and in-country travel, since these costs can vary widely depending on the destination country. Some study abroad programs especially those in developing countries can actually be less expensive than tuition and fees for the equivalent amount of time on your home campus. With a little research, you might be able to find scholarships and financial assistance to cover a significant percentage of the upfront cost.
Below are the 6 Tips to Make Studying Abroad program More Affordable

1. Determine if you can apply your financial aid to study abroad.
Any financial aid that you already receive from your university should be transferable to a study abroad experience run by or affiliated with that university, because the tuition that you will be paying to study abroad is probably that of your home university. Some institutions will also allow students to use their university aid for nonaffiliated programs. Moreover, the amount of aid may vary depending on the type of program you choose. So don’t assume that whatever aid you are currently receiving from your school will transfer over; you need to check with the financial aid office. Federal financial aid can be applied to any program as long as credit is earned and your home college accepts the transferred credits.

2. Apply for Study Abroad Scholarships.
Most colleges have a straightforward framework for applying for study abroad scholarships, one that lays out the potential amounts available, the process and deadlines for applying, and any restrictions that may exist. General scholarships for study abroad assistance, as well as targeted scholarships for diversity, first-generation (if you are the first in your family to attend college), and financially needy students are usually offered. Students must apply for scholarships and some can be very competitive. Be sure to look beyond your college scholarships, and ask your on-campus mentor or study abroad adviser for further advice and ideas:

College-based study abroad scholarships, including merit-based, student-specific, destination-specific, program-specific and subject-specific.
U.S. Government-sponsored scholarships and fellowships, including Benjamin A. Gilman, numerousFulbright awards, Critical Language Scholarship and Boren Awards.
Private organizations, such as AIFS Foundation and Rotary Foundation.
Foreign governments or organization, such as German Academic Exchange Service and the Chinese Government Scholarship Program.

3. Pursue destinations off the beaten track.
The best way to get a handle on the cost of living in your temporary home overseas is to compare the cost of living between the two countries, taking into account the fact that individual cities or regions can be above or below the national level. Study abroad program advisers should be able to provide you with the exchange rates and cost of living statistics for your host country, including those for food, housing and local transportation. Individuals who have studied abroad in the same location or on the same program recently should also be a good source of practical, on-the-ground information. Certain locations such as Spain, England and Italy are inherently going to be more expensive than others such as Ecuador, Peru or Senegal. It all has to do with the host country’s overall standard of living, especially as reflected in the postsecondary education system, and the overall price of basic commodities and services.

4. Opt for a short course.
Many universities have been encouraging students to go on short experiences abroad, coupled with on-campus coursework before departure and after their return. Because these programs involve only a limited time overseas – two to four weeks – they usually have the advantage of being considerably less expensive. However, many of these short courses do not have the same number of scholarships available.

5. Look for Ways to Save Money on the Ground.
Two of the biggest expenses are housing and food. Participating in a home stay is considered the cheapest option and includes meals and laundry, and offers the best immersion. You can also save money by preparing your own meals, if possible, and eating at local restaurants. You should also manage your money wisely, an important lesson to learn as a student that you can carry through life as a traveler.

6. Work or intern abroad – but do so legally
Internships abroad are a growing area in education abroad, and they are not only in the purview of study abroad offices. You can also seek guidance from your academic department or career services department which often work with the private sector to arrange internships for their students. More often than ever before, universities are reaching out to their alumni to develop internship opportunities for their students. Plus you might be able to find some sort of work when you arrive, but make sure you investigate and follow local labor laws.

Study abroad doesn’t have to break the bank. There is a lot of information out there online, on campus, and in the form of firsthand experience from friends and other students who’ve recently returned from studying abroad. Talk to other students who have gone before (several if possible) to find out how much things really cost and how much they really spent above and beyond the “posted” price of the study abroad program.

http://study4free.com.ng/6-tips-make-studying-abroad-affordable/

lalasticlala

14 Likes 3 Shares

Re: 6 Tips To Make Studying Abroad More Affordable by Soulz22(m): 9:54pm On Mar 24, 2016
Nice one OP

1 Like

Re: 6 Tips To Make Studying Abroad More Affordable by KingAdeOluomo1(m): 10:01pm On Mar 24, 2016
Ok

1 Like 1 Share

Re: 6 Tips To Make Studying Abroad More Affordable by Cholls(m): 10:25pm On Mar 24, 2016
my brother chai money is good o.........see headache

2 Likes

Re: 6 Tips To Make Studying Abroad More Affordable by RichYoungNigga: 4:18am On Mar 25, 2016
You can work even if you are a student in America.
Food is cheap.
The only expensive bill is paying for your house,every other thing dey cheap.

1 Like 1 Share

Re: 6 Tips To Make Studying Abroad More Affordable by dmostcheerful(f): 4:18am On Mar 25, 2016
Ok, Abroad things loading
Re: 6 Tips To Make Studying Abroad More Affordable by VickyRotex(f): 4:20am On Mar 25, 2016
cool cool cool
Re: 6 Tips To Make Studying Abroad More Affordable by Nobody: 4:26am On Mar 25, 2016
Who among the MODS is posting a this time of the day.. that MOD is having a sleepless night... yes. about 6topic in Frontpage around 2am
Re: 6 Tips To Make Studying Abroad More Affordable by ozome15(m): 4:42am On Mar 25, 2016
godson36:
Who among the MODS is posting a this time of the day.. that MOD is having a sleepless night... yes. about 6topic in Frontpage around 2am

my bother no be small thing, things da man hard. Change has turned to Chen.

1 Like

Re: 6 Tips To Make Studying Abroad More Affordable by Nobody: 4:45am On Mar 25, 2016
No thanks i would rather #BuyTheNairaToGrowTheNaira

3 Likes 2 Shares

Re: 6 Tips To Make Studying Abroad More Affordable by Lucasbalo(m): 5:19am On Mar 25, 2016
baebae:
No thanks i would rather #BuyTheNairaToGrowTheNaira
I like your patriotic and optimistic view but unfortunately your Naira is just like a tissue paper. No offence.

9 Likes

Re: 6 Tips To Make Studying Abroad More Affordable by hobermener: 5:21am On Mar 25, 2016
7: ask buhari, the only president who took a loan to obtain his party's presidential nomination form, while simultaneously funding his kids education in one of the worlds most expensive countries (england) undecided

9 Likes 1 Share

Re: 6 Tips To Make Studying Abroad More Affordable by 1miccza: 5:46am On Mar 25, 2016
Lucasbalo:
I like your patriotic and optimistic view but unfortunately your Naira is just like a tissue paper. No offence.

If only she understands..

3 Likes

Re: 6 Tips To Make Studying Abroad More Affordable by raziboi(m): 5:49am On Mar 25, 2016
nice write up
no knowledge is a waste!!!!
Re: 6 Tips To Make Studying Abroad More Affordable by untainted: 5:51am On Mar 25, 2016
@OP,
You may have good intentions but please don't confuse Nigerians here.
What you posted specifically targeted American students who might be interested in studying abroad and not Nigerians.
For Nigerians, studying abroad whether in the US, Europe or even Asia requires a lot of money unless you get full or partial scholarship.
However, scholarships mostly depend on the strength of your application and in some cases your negotiating skills.
Cost of living is another matter entirely.
Good luck!

22 Likes 2 Shares

Re: 6 Tips To Make Studying Abroad More Affordable by Nobody: 5:54am On Mar 25, 2016
Am going out of this country right away
Re: 6 Tips To Make Studying Abroad More Affordable by iamauxin(m): 5:59am On Mar 25, 2016
Nice one!
Re: 6 Tips To Make Studying Abroad More Affordable by emmadeking(m): 6:10am On Mar 25, 2016
RichYoungNigga:
You can work even if you are a student in America.
Food is cheap.
The only expensive bill is paying for your house,every other thing dey cheap.
What is the range of their tuition fee for postgraduate studies

1 Like

Re: 6 Tips To Make Studying Abroad More Affordable by anonimi: 6:14am On Mar 25, 2016
hobermener:
7: ask buhari, the only president who took a loan to obtain his party's presidential nomination form, while simultaneously funding his kids education in one of the worlds most expensive countries (england) undecided

Na bojuboju hide & seek PRETENCE from a master HYPOCRITE.



www.nairaland.com/attachments/2151923_10959780101527066886056781674305683697845804n_jpeg88571234fc99d5765ef94ba8883de888

3 Likes 1 Share

Re: 6 Tips To Make Studying Abroad More Affordable by Drabeey(m): 6:17am On Mar 25, 2016
Thanks op
You just added some grezzing muggy into our epimallic efeco.


Anyways....



DrabeeyWasHere
Re: 6 Tips To Make Studying Abroad More Affordable by jasssbabe(f): 6:20am On Mar 25, 2016
Asia is quiet cheap and the standard of living is better than Nigeria, people keep saying they are poor but their government made everytin cheap for them.
untainted:
@OP,
You may have good intentions but please don't confuse Nigerians here.
What you posted specifically targeted American students who might be interested in studying abroad and not Nigerians.
For Nigerians, studying abroad whether in the US, Europe or even Asia requires a lot of money unless you get full or partial scholarship.
However, scholarships mostly depend on the strength of your application and in some cases your negotiating skills.
Cost of living is another matter entirely.
Good luck!

1 Like

Re: 6 Tips To Make Studying Abroad More Affordable by dominique(f): 6:23am On Mar 25, 2016
godson36:
Who among the MODS is posting a this time of the day.. that MOD is having a sleepless night... yes. about 6topic in Frontpage around 2am

Hope you know there are Nairalanders in other timezones.

2 Likes 1 Share

Re: 6 Tips To Make Studying Abroad More Affordable by monsieursam64(m): 6:23am On Mar 25, 2016
RichYoungNigga:
You can work even if you are a student in America.
Food is cheap.
The only expensive bill is paying for your house,every other thing dey cheap.
"[b][/b]every other thing dey cheap"

Bros, I disagree with you strongly on d above statement. It depends on d state you are schooling at. Cost of living in some states is quite high e.gCalifornia, Florida, New york etc unless you live in some states like Texas, Kansas etc that is quite affordable.
Don't forget that school fees for intl student is also there, which is so expensive. I don't know what country the OP is referring to, but from my understanding and experience, only the kids of the wealthy in Naija come to the US to study without full scholarship.
Re: 6 Tips To Make Studying Abroad More Affordable by monsieursam64(m): 6:35am On Mar 25, 2016
emmadeking:

What is the range of their tuition fee for postgraduate studies
Tuition is quite high in the US,you should be looking at $30k to 100k per session, depending on d school though

3 Likes

Re: 6 Tips To Make Studying Abroad More Affordable by Truefederalism(m): 6:39am On Mar 25, 2016
Una good morning o.

Please I really need help on how to go about this whole study abroad stuff.
I will like to go for a PhD in Architecture in any good school and country that are not so expensive for the Nigerian POOR MAN.
I really need this and will appreciate some insight. Please quote this comment if you have an idea.

Thank you. undecided
Re: 6 Tips To Make Studying Abroad More Affordable by Ramanto(m): 6:51am On Mar 25, 2016
Truefederalism:
Una good morning o.

Please I really need help on how to go about this whole study abroad stuff.
I will like to go for a PhD in Architecture in any good school and country that are not so expensive for the Nigerian POOR MAN.
I really need this and will appreciate some insight. Please quote this comment if you have an idea.

Thank you. undecided
Enquire about university of technology and economics, Budapest
Re: 6 Tips To Make Studying Abroad More Affordable by Ramanto(m): 6:54am On Mar 25, 2016
Buhari must hear about this. At this time when our economy needs domestic patronage you are stil canversing for foreign schools

2 Likes 1 Share

Re: 6 Tips To Make Studying Abroad More Affordable by EazyMoh(m): 6:58am On Mar 25, 2016
Thanks OP, again please what are the best scholarship programmes world over? I mean those that will make me feel like a small Alhaji.
Re: 6 Tips To Make Studying Abroad More Affordable by Nobody: 7:17am On Mar 25, 2016
monsieursam64:

"[b][/b]every other thing dey cheap"

Bros, I disagree with you strongly on d above statement. It depends on d state you are schooling at. Cost of living in some states is quite high e.gCalifornia, Florida, New york etc unless you live in some states like Texas, Kansas etc that is quite affordable.
Don't forget that school fees for intl student is also there, which is so expensive. I don't know what country the OP is referring to, but from my understanding and experience, only the kids of the wealthy in Naija come to the US to study without full scholarship.
You're right about the cost of living; though the interior parts of California are much cheaper to live in than the coastal areas.

Overall, Texas, Minnesota, Indiana, Georgia and Arizona are amongst the states with the lowest cost of living (and tuition).

3 Likes

Re: 6 Tips To Make Studying Abroad More Affordable by Ayoguy(m): 7:19am On Mar 25, 2016
Judging by the way the economy is and the way jamb is treating students, I dnt see any thing wrong in studying abroad anymore..
Re: 6 Tips To Make Studying Abroad More Affordable by smd837(m): 7:20am On Mar 25, 2016
grin ok
Re: 6 Tips To Make Studying Abroad More Affordable by GboyegaD(m): 7:26am On Mar 25, 2016
Truefederalism:
Una good morning o.

Please I really need help on how to go about this whole study abroad stuff.
I will like to go for a PhD in Architecture in any good school and country that are not so expensive for the Nigerian POOR MAN.
I really need this and will appreciate some insight. Please quote this comment if you have an idea.

Thank you. undecided

Why not first determine the country you want to go do your PhD and then work towards surpassing their requirements.

1 Like 1 Share

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