Financing an Education in the UK

Finding the money to finance their educations is one of the biggest obstacles that international students face after deciding that they want to study in the United Kingdom. As a general rule, there are not very many sources of funding, so students must take the initiative early on to seek out different financing options.

Financial Aid Loans

Fortunately, there are some universities in the UK that offer financial aid options to international students. UK.internationalstudent.com has compiled a database that lists the different universities in the United Kingdom that offer some sort of financial aid to students who live overseas.

Regardless of whether you have already decided on a particular major or not, you might want to begin your research by reviewing the list of universities that offer financial aid so that you can directly contact the ones you are interested in. In addition to offering more traditional types of financial aid, most of the universities listed in the database also regularly award scholarships to international students who meet certain criteria.

Scholarships

Searching for scholarships is an excellent idea for international students who want to study abroad. Try not to be discouraged if you do not have exemplary grades or an outstanding overall academic record. In some cases, there are certain types of scholarships that may be awarded to international students based on alternative criteria rather than relying solely on a student’s past grades.

Some scholarships are awarded directly through universities, so in some instances the opportunities you have will depend on the particular schools for which you submit an application. In other instances, you will be able to find some scholarship opportunities that are available to all international students regardless of which university they decide to attend.

Beware of Scams

Because scholarships are so popular among all college students, there are a number of “organizations” that exist solely to try to scam people out of money rather than helping them obtain money for school.

To help you avoid scholarship scams, you first need to understand how they generally operate. As a general rule, you should beware of the following when searching for scholarships:

  • Loan fees – if a company wants you to pay them any type of loan fee up front, it should raise a red flag. Legitimate companies will not ask you to pay them money up front for a loan or scholarship.
  • Company and Scholarship names – as you browse through lists and websites of potential scholarship opportunities, be very cautious when you see words such as “government”, “national”, or “official” in the name of the actual scholarship or in the company name. Often times, these are scams.
  • Application fees – there should never be an application fee for any type of legitimate scholarship. Likewise, you should never have to pay any other type of fee to apply for this kind of aid.
  • Scholarships that are guaranteed – no legitimate company can promise, or guarantee, that you will be awarded a scholarship.

This entry was posted on Wednesday, January 20th, 2010 at 10:21 pm and is filed under Admissions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Financing an Education in the UK”

  1. Mvuyisi Njomi Says:

    Dear Sir/Madam
    I am a South African male of 19 years old.Last year I completed my matric at Cangci Comprehensive High School,the school in rural areas.Now my problem is that I do not have money to further with my studies because both my parents does not work.I am intrested in doing Bcom Accounting at the university.I would like you to help me with financial assistance if you can.Also studying in onother country was my dream but now I see all my dreams disapearing.My phone number is .I can be so happy if you can help me on achieving my dreams.
    THANKS
    MVUYISI NJOMI

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