Our mission is to promote international education worldwide through the development and publication of comprehensive database of International Education Financial Aid information available on the Internet.
The most common answer to international students seeking information on financial aid has always been, “There are very few resources available.” In comparison to financial aid available for students who are not studying abroad, this may be true. However, there is an incredible number of resources that many students and advisors are not aware of.
To make this information available, we are developing an online, searchable database that students can use to find international financial aid. Now when students ask, “How am I going to pay for study in a foreign country?” The new answer is, “Visit INODEV”.
What kinds of scholarships are there?
Regardless of the type, almost all scholarships are merit-based, so you’ll need to stand out and make yourself shine!
Academic. These scholarships are the most report card-oriented. Grades, GPA’s, and standardized test scores are the main deciding factors for academic scholarships.
Demographic. These are scholarships given solely based on ethnicity, gender, or a variety of minority characteristics.
Destination-Based. Whether you are looking at programs in your home country or abroad, check out scholarship and financial aid organizations specific to the destination of your travels for some great finds!
Industry. Specific industries or career tracks offer scholarships for those seeking study within the field abroad. These may be offered through big businesses, local companies, memorial funds, or government-sponsored associations.
Need-Based. These are scholarships awarded to students based on demonstrated financial need.
University. Whether public or private, universities offer scholarships linked with financial aid programs to assist international and local students interested in completing courses or degree programs abroad.
Be sure to explore all of your options thoroughly. The more specific you get, the less candidates there are, and the higher your chances of being awarded are! More scholarship application tips here.
How to plan for scholarships?
Here are some of the best ways you can plan ahead for your scholarship applications.
1. Bring out your best. We all know that scholarships abroad are highly competitive. Use this as motivation to broaden your scope of activities and improve your game. Focus on grades, but also get active in extracurricular activities.
2. Start the search early. Whatever type of program you want to do abroad, start researching scholarships abroad options at least a couple of semesters before. The application window between getting accepted into a program and applying for financial aid is not very large, so it helps to already have options lined up at this point. That way, all you have to worry about then are the actual applications.
3. Stay organized. There’s nothing worse than missing a deadline when applying for scholarships abroad, so grab a calendar and start color-coding your days. This way, as soon as you get accepted, you know where to send applications off first.
4. Read eligibility requirements thoroughly. There’s no point in wasting time and writing the year’s best essay if you don’t actually qualify for the scholarship. Read the fine print, and, if you have any questions, contact the scholarship provider.