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Be a Cheap Scholar While Studying Abroad

studyabroadmoneyMany people are smart enough to use their studies to travel and see the world. The common misconception, however, is that you need to have money if you want to study in another country. With the many opportunities being given to students and scholars by schools and other institutions, studying abroad is very possible. Add to that the things you can do to make international studying so much more affordable for yourself and you can create the perfect formula for an exciting adventure in a new country. Here are the top 5 things you can do lower your costs of studying abroad.

Get a Scholarship

The first thing you can do if you want to study abroad and do it within your means is to get outside help. You can apply for international scholarships such as scholarships offered by Diversity Abroad. They offer five $500 scholarships for fall and another five in the summer. The great thing about this scholarship is that it targets economically disadvantaged students who really want to study abroad. The list for requirements are available in their website and as long as you have the requirements you have a good chance of getting in.

Find Housing Close to Your School

The next thing to think about after you get approved for a scholarship would be to start looking for a place to live if living accommodations are not shouldered by the scholarship. There are many scholarships that offer housing allowances for its scholars but you have the option to choose the place where you want to live. Programs like these are ideal for anyone who wants to save since you can scour places that are inexpensive yet near the school where you live. An apartment that is within walking distance to the school can save you hundreds of dollars for cab or bus fare in the long run.

Cook Your Own Meals

Food is often one of the major areas most students tend to spend on. However, it would be severely impractical if you decide to eat out for the majority of your meals. You can save a lot if you simply cooked your own meals. Experts also recommend cooking meals by batches so you only need to reheat meals when you get home. This works well whether you are living alone or living with a group.

Make Friends with the Locals

The locals are the best people who can teach you the most efficient ways to buy, eat and spend in their city. Not only do you gain more friends during your stay, you are also creating an important support network for yourself who can help you adopt an efficient way of living in a new country. Once you know where the best and cheapest places to shop and eat are, sticking to a budget will not be so hard to do.

Stick to a Budget

Most scholarships give out allowances every month. It is important to know how much you are likely to spend each month on food, utilities and other needs and set aside money for those needs. You also need to set money aside for emergency situations. Budgeting may seem like a tedious task, but having a system allows you to look at how you spend the money that comes in so that at the end of the month, you can avoid wondering where all your money went.

Getting an education in another country is not really as hard as it sounds. There are many organizations and schools that offer attractive scholarships for students who love to experience how it is like to study in another country. Start scouring for scholarships now and be on your way to another academic adventure in a new country.

About the Author:

Today’s guest article comes from Ryan Ayers. He is a writer who creates informative articles in relation to education. In this article, he offers financial tips to students studying abroad and aims to encourage further study through Norwich University Degrees for Diplomacy.

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