15 Ways To Access Finance for Your Studies Abroad

Many young people in different countries of the world desire to study abroad. This is especially so for those living in developing countries (in Africa, Asia and so on). Studying abroad is a wonderful idea as it offers the student the opportunity to move into a new environment, meet new people and explore opportunities are not in their home countries. However, the idea of studying abroad comes with a daunting challenge and that is how to finance one’s study in the destination country. Many students are confronted by family and friends with questions like:


  • how to finance your studies?
  • how do you plan to fund your studies?
  • what are the bank loans for students studying abroad?
  • how will you be funding your studies?
  • how to arrange funds for study abroad?
  • Can I get a student loan to study abroad
  • how do you plan to finance your education?
  • how will you fund your studies?

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Students who plan to study abroad find themselves asking the same questions and many more because they want to be sure that they can secure a viable source of funding for their studies abroad to avoid traveling to a foreign country and becoming stranded there, or paying through their nose or having to combine one or two jobs with studies or even incurring debts.

When one nurtures the idea of studying abroad and searches online for information on how to fund their studies abroad without finding useful information, they can get really frustrated. That’s the reason why we decided to research on this and make available very useful information on 15 guaranteed ways to finance your studies abroad. If you take time to read through this article, you will discover that there is really no need to worry as there are many options and alternatives and your duty is just to decide which one would work for you and go for it.

Alright. If you are ready, let’s get down to the article.

How Can I Access Finances for my Studies Abroad?

It’s time to answer this very important question. The truth of the matter is that there’re several ways to access finances for your studies abroad. That sounds exciting, right? Yes, there are several ways. In fact, in some countries, some schools and governments provide different funding opportunities for both home and international students.

Apart from school and government sponsored funding opportunities, there are other common ways to finance your studies abroad. They are outlined below:

  • Scholarships
  • Grants
  • Fellowship
  • Student loan
  • Student prizes

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Bringing you well-researched information on the above-mentioned sources of funds for studies is part of our major visions at BeSCHOLASTIC. So we enjoin you to take some time to search through some invaluable posts we have made in the past on this matter. There is something for you on this website no matter your level of study, field of study or country.

For now, we shall be looking at some scholarships that you can easily apply for in order to finance your studies abroad as an undergraduate or postgraduate student.

Scholarships to Finance your Studies Abroad as an undergraduate or postgraduate student

Like we have said earlier, there are many programs organized by institutions, governments and organizations aimed at awarding scholarships to college and university students (both home and international). We are going to be highlighting some of them together with their links.

1. Fulbright Scholarships

This scholarship opportunity is basically for graduates and others in that category, like doctors, artists and civil servants of listed ministries to carry out research and studies and/or teach in the United States of America. If you belong to this category, you may wish to find out more about this scholarship opportunity and how to apply by clicking this SCHOLARSHIP LINK.

2. Scholarships La Caixa

“La Caixa” is also a postgraduate scholarship opportunity that is available for interested candidates who wish to study in Spain, North America, Europe and Asia. They also offer journalism scholarships to international delegations of EFE in Europe, Latin American countries, North America, Africa, and Asia. In addition to these, La Caixa also calls for scholarships to students currently in year 4 of ESO to go for the International Baccalaureate hosted in one of the integrated centers. Get more information by accessing this SCHOLARSHIP LINK.

3. Rafael del Pino Foundation Scholarship

This is another scholarship opportunity packaged solely for postgraduate students and Spanish professionals who have become outstanding over time for their leadership qualities and professional excellence. You can read more about this opportunity via this SCHOLARS    HIP LINK.

4. Ramon Areces Foundation

The Ramon Areces Foundation offers scholarship opportunities to international graduate and post-doctoral students in the field of life sciences and matter. You can read more about this opportunity via this SCHOLARSHIP LINK.

5. Caja Madrid Foundation Scholarships

This foundation offers scholarships to postgraduate students to study for a master‘s degree in graduate schools, or to carry out research in Europe, Canada, or the US, in the subject areas chosen by the foundation. Some of the subject areas normally listed include: social and legal; biomedical, polytechnic, science, and music. You can read more about this opportunity via this SCHOLARSHIP LINK.

6. Scholarships Balsells

This is a California-Catalonia Program that has scholarship opportunities for graduates and doctors interested in carrying out postgraduate studies and postdoctoral research in the field of engineering and sciences. The venue for the studies and research is the University of California, Irvine (UCI) while master’s or doctorate program in bio-engineering is done at the University of Colorado Boulder (UCB). You can read more about this opportunity via this SCHOLARSHIP LINK.

7. Argo Global Grants

This grant is for graduates i.e. people who already have a university degree but still desire to go for internships. If they are willing to do their internships in companies in Europe, Asia, Canada, and the US, the Argo Global Grants can offer them grants for a period of between 3 and 12 months. You can read more about the Argo Global Grants here: SCHOLARSHIP LINK.

8. Scholarships Faro Global

This is packaged to facilitate practical experience of 6-7 months in enterprises and industries domiciled Europe, Canada, Asia and the United States. To benefit from this, you must a Spanish University degree in view. You can read more about this opportunity via this SCHOLARSHIP LINK.

9. United World Colleges Scholarship

You can read more about this opportunity via this SCHOLARSHIP LINK.

10. Santander Scholarships

This scholarship opportunity is particularly accessible in Latin American countries. It is available for graduate students, faculty and research staff. You can read more about this opportunity via this SCHOLARSHIP LINK.

11. MAEC-AECID Grants

This grant scheme is designed for foreign students who want to study in Spain and other Spaniards who wish to study or do internships in countries receiving official development assistance. The grants are facilitated by the Ministry of Foreign Affairs and Cooperation through the Spanish Agency for International Cooperation for Development. You can read more about this opportunity via this SCHOLARSHIP LINK.

12. Chinese Government Scholarships

The Ministry of Education of Chinese government awards annual scholarships to high-flying university graduates to further their studies. You can read more about this opportunity via this SCHOLARSHIP LINK.

13. Pablo Neruda Program

The Pablo Neruda Program is a program structured for different Latin American countries and Spain. It is only accessible to students and teachers in graduate and doctoral programs. You can read more about this opportunity via this SCHOLARSHIP LINK.

14. Cinda Program

The Cinda program is an inter-university program that brings together about 30 of the most prestigious universities in Latin America, Spain, Belgium, and Italy with the aim of encouraging mobility among the students. The criteria for participation is that your university must be part of the Cinda Program and you must be selected and presented by your school. You can read more about this opportunity via this SCHOLARSHIP LINK.

15. UNESCO grants

The United Nations Organization for Education, Science and Sports grants is for beneficiaries who specialize in graduate school. You can read more about this opportunity via this SCHOLARSHIP LINK.

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