How to Fund Your Studies Abroad

You have a dream to study abroad but then you have little or no more to see that dream come true. This is a common scenario with most international students around the world looking to study in foreign countries like the U.S., Canada, The U.K., and so on.

When you make plans to pursue your studies you should also put into consideration the cost of textbooks, tuition fees, living expenses, etc. If you have no proper plans to pay for your education, your dreams to further your education will end before it actually begins.

Over the years, students have come up with various means to fund their studies abroad and this includes scholarships, student loans, grants, part-time jobs, sponsorships, and many more. With all these methods to raise funds for studies, you no longer have to give up on your dreams to study abroad for lack of funds.

In this article, you’d find few tips on the best strategy to get funds to pay for your studies. The first thing you must do is to acknowledge the fact that you have no money and you probably wouldn’t except you work towards it.

How to Fund Your Studies Abroad

Find Free-Tuition Universities

Not many universities or countries provide students with the opportunity to study for free. However, there are still many other universities that allow students to study at a low cost or even for free. Some countries like Norway and Germany also offer free tuition to students. Below is a list of the top 10 free universities you can get started with.

  1. Ludwig-Maximilians-Universität München, Germany.
  2. University of Helsinki, Finland.
  3. Freie Universitaet Berlin, Germany.
  4. Humboldt-Universität zu Berlin, Germany.
  5. University of Oslo, Norway.
  6. Aalto University, Finland.
  7. RWTH Aachen University, Germany.
  8. University of Bergen, Norway.


Scholarships are probably one of the famous ways students get funds to sponsor themselves in school, but the high competition for a single scholarship what chance do you have? The good thing about scholarships is that you don’t have to be the most brilliant, or the most athletic to get a scholarship.

Scholarships come with different criteria, some are need-based many are merit-based while others will depend on your country or based on a religious group. Some scholarships even favor genders mostly women and some others favor athletes or people offering a particular course of study. You should not limit yourself because you think you cannot qualify for a scholarship, just do your research and you will be amazed at what you’d find.

Student Gift Aid

A student gift aid popularly known as grants and bursaries is more like scholarships but slightly different. You don’t have to worry about merits because they are often awarded on a first-come-first-serve basis. Everyone is qualified but not all will receive the grant especially if you apply late. If you have the need financial support, you need to talk to the universities financial department early.

Get a Job

Working while studying can be stressful but it comes with great rewards. You get the opportunity to gain working experience while you also make money to pay for your tuition and other bills.