Indian Recruitment Agency House of overseas education
Some important point before going abroad studyIf looking for study abroad, you should need to concern with some peoples like study abroad advisor, financial advisor and main concern with your mom and dad, then main thing is that you have to concern with study abroad advisor, you will get some important tips from them like where to go, go for which course, an opportunities and about the colleges, this will help you for research where to move and what is benefits and lot more.
The second and main thing is that you have to go for financial advisor, will provide you the information about the financial loan, education loan. Some course need lots of amount of money, they will suggest you for best education loan. You should need to make a budget for it, living cost, personal expenses, college materials and much more.
Try for study abroad scholarship, per year many students are applying for abroad study, and trying to get scholarship for it. It is good if you get scholarship . It will help for students to reduce cost of studying abroad in tuition fees, fees, housing rent, meals, and international student identity card.For study abroad you need passport and visa. For this you can apply for a passport, for this you can concern with passport provider agents, they will help you, you need a some personal document like residential proof, citizenship proof, identity proof like driver license, pan card
. Once you get passport you can applied for Visa, for this find out some Embassy addresses and phone numbers. After you get passport and Visa you need to a phone number to contact or communication with your family members and friends.For study abroad you have to choose a good country and best university. School or college. You can choose country like Australia, New Zealand, and China also a good country for education. Always care about your health and safety, try to communicate all persons to share knowledge and experience.
Make sure that you plan atleast one year before the admission process. Identify appropriate universities and the related courses. You can do this by getting in touch with educational consultants. Higher courses like MBA, Master's degrees and ph.D may require that you take the below tests- GRE(Graduate Record Examination), GMAT(Graduate Management Admission Test), TOEFL(Test of English as Foreign language) and IELTS(International English Language Testing system). As you need to prepare for these tests, make sure that you allocate at least one year to clear these tests before applying for admission
Should I quit my job?
This is the most frequently asked question. Since most people wish to study abroad in order to secure a enhanced profile with a higher pay scale, one should ensure that they choose the apt course that will enable them to secure a higher job profile. Secondly, one should be able to secure a job immediately after completing the course. You should calculate the salary package and correlate it with your loan-repaying capacity. Some foreign universities claim extravagent placement records, but these may not be true. So, be careful in choosing the correct course and university before quitting your job.
Most people have a general idea that MBA courses are the ones which fetch them lucrative jobs in the service sector industry. However, this is not true. If an engineer with experience chooses to study MBA, his experience in engineering may not be counted when he graduates as an MBA. So, he should rightly be pursuing a Master's in Science instead of an MBA. Always bear in mind that doing justice to your skills is more important than earning money
Make adequate savings if you are working
If you are already working and planning to study abroad, start saving adequate funds now itself because even if you secure an educational loan, you may be required a part of the fee out of your pocket. Further, even if you have applied for any scholarship, it's not guaranteed that you may definitely secure it. So, the right way to go about is to start saving and simultaneously apply for scholarships. This way, you can avoid unnecessary liabilities and tension
How to obtain Scholarships?
Obtaining scholarship is an important task if you are planning to study abroad. There are many institutions which offer you scholarships and these are called as Fellowships/Loans. Some of the renowned institutions in India are JN TATA Endowment, Aga Khan Foundation, Inlaks Scholarships, KC Mahindra Education Trust etc. However, the terms and conditions of the institutions may vary. For example, in JN TATA endowment, students should re-pay 4 years after scholarship being granted or getting employment, whichever is earlier. Overseas aids are also available, depending upon the course and the university. ph.D students get paid in the form of tuition Waivers, insurance, subsidised housing etc
How to obtain Educational Loans?
Apart from scholarships and other Aids, students could get educational loans from banks. Some of the renowned banks in India are SBI, Punjab National Bank(PNB), Canara Bank, ICICI etc. Banks offer loans for all educational courses but the T&C are stringent for overseas educational loans. You may be required to offer collateral in the form of Collateral-Fixed deposits, National Savings certificate(NSC), insurance policy, House etc. A co-borrower may also be required. Loans are generally capped at Rs. 20 lakh. However, it you are able to secure an alternative means to fund your studies, you may choose to cancel the bank loan. Generally, banks would release the funds only upon request from the student to do so. While applying for loans, find out whether the bank applies simple interest or compound interest. Also, remember that it's better to repay the interest amount during the period of studies itself, else the interest would build up on the principal amount, in order words, you may need to pay interest on interest