What happens if I do not get a scholarship? Do I have other financial options in UK/USA?
Yes, you have several financial options if you do not receive a scholarship for your studies in the USA or UK.
- Education loans: Indian banks and financial institutions offer loans for studying abroad, covering tuition, living, and travel costs. A co-applicant and proof of admission are usually required. Interest rates and terms vary and are subject to change.
- Part-time work: In the UK, international students can typically work up to 20 hours/week during term and full-time during holidays (subject to change). This helps with living expenses but usually does not cover tuition.
- Employer sponsorship: Some employers may offer financial support for higher education if it aligns with their goals.
- University grants and bursaries: Many universities offer need-based grants or bursaries beyond merit scholarships. These can help reduce costs.
You can combine these options to create a sustainable financial plan. If you need guidance on which option suits you best, please connect with your LeapScholar counsellor.
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