Financial aid/ Scholarships

USA - (conditions may apply)

Need based financial aid is generally not available to international students. Merit based financial awards that are usually available for international students are:

Scholarships/Fellowships: An outright grant of specific amounts, partial or full tuition waivers, full award of tuition, fees and living expenses as well.

Tuition waivers:

Many Universities, particularly in USA, offer merit based scholarships, depending upon good GPA/test scores.

Full or partial waiver of tuition will help students lower the cost of education. Unless specifically awarded, other fees and living expenses have to be borne by students. These waivers may be offered independently or in conjunction with a scholarship or assistantship.

Graduate assistantships:

Graduate students are awarded assistantships. With the assistantship tuition may be waived fully or partially. A cash grant is provided on a monthly basis to support living expenses of the student. In return the student has to work for 20 hours in a week normally engaging himself in research or teaching, or sometimes perform such duties as may be assigned by the faculties/ department.

Jobs in the campus:

International students are not allowed to work full time or part time outside the university campus. They are however given the option to take jobs offered within the university campus; however, students can work only for a maximum of 20 hours in a week. Wages paid vary from university to university and from job to job and may usually be in the range of $ 8 to $ 12 per hour. However there is no guarantee of such jobs being available or offered at all times to international students. As students may get such jobs only when the opportunity arises, they should not consider this as a definite source of financial availability.

Curricular Practical Training (CPT):

This is an employment option available to International students where the practical training employment is considered to be an integral part of the curriculum or academic program. According to the immigration regulations, this employment may be an internship, cooperative education job, a practicum, or any other work experience that is either required for your degree (as defined in the course catalogue) or for which academic credit is awarded. Under this facility, international students can take part-time or full time paid employment. Such training and employment requires prior approval of the institution and may be subject to conditions and procedures stipulated by the institution.

Students can take on internship assignments for a period of up to one year or less. Students are however advised to keep the length to a maximum of 6 months so that they get back to studies in a reasonable time. Another reason is that if a student works on internship for the full one year, then such student will lose the privilege of post study optional practical training work opportunity described below, which is even more valuable and beneficial to the student.

Other countries: (conditions may apply)

Students are allowed to take paid employment outside the college campus to a limited extent while studying. Students are not offered jobs in college campus but may take paid employment anywhere outside the college subject to complying with prescribed regulations.

Scholarships or tuition waivers are generally not available in European countries as the tuition charged is very low over there.

Most of these countries allow international students to stay, after completing studies, for a period of 1 or two years to find employment. Subsequent to getting post-study paid employment students are allowed work for 2 or three years, for applying the skills they learned in regular work. Period and regulations vary from country to country. Many countries believe that it may be advantage to let talented students stay in their country, work and contribute to their economy, technological and scientific development. Consequently many talented students may be able to get permanent residence after a few years of work.

Minimising study costs