How to Fund Studies
Define your source of funding before you start your journey
One of the most important things to do when you’re planning to study abroad is making sure you have enough study funds. It is highly preferable if you have a stable and steady source of funding to avoid unpleasant surprises during your study. If you’re still unsure where to start, check out common financial resources that are used by our students:
Many of our students fund their studies right from their own savings. Especially if they have worked before and wishing to advance their educational degree. Some students even get part-time work overseas or paid internships to upkeep their living expenses.
Regardless of age, many parents are pivotal figures in their child’s life, and they won’t miss a milestone as big as sending their child overseas to have better education. It is very common for us to serve students whose education is proudly sponsored by parents from the the beginning until the end.
Getting financial aid from their grandfather or grandmother isn’t a rare occurrence for our students, as grandparents may own accumulated wealth ready to be shared for their grandchildren’s well beings.
Uncle / Aunt
Some of our students have told us that they get funding from an uncle or aunt who opened the door for them when the opportunity knocks.
Many of our students have had scholarships or study grants in their hands. They go to IDP to help them process their Course Acceptance and the rest of the steps to study abroad. More about scholarships here.
Qualified employee who has a sponsorship or scholarship from their employer often seeks the best education that’s in-line with their career advancement. That’s why many of them choose to study abroad with IDP.
If you can’t fund your study yet, don’t worry. There are endless possibilities for your international future. So don’t let your dreams to study abroad perish just because you can’t find sufficient funding for now. We strongly recommend you to start saving up significantly as earliest as possible, and try getting as much information as you can about sponsorships and scholarships. Prepare all the required points, practice your English, and when you’re ready, try applying to get those scholarships. There are more than a couple scholarships out there, so if you’re rejected you can always brush up your skills to try another ones.
After you establish the way your education abroad will be funded, we welcome you to have a free consultation with our counsellors to find out the indicative cost of your studies. You may find that you don’t have to spend as much as you think! Just remember, whenever you dare to dream big, we’re here to make them happen.