siliconindia | | February 20178I n today's world, there is a growing demand for well-rounded professionals. Studying abroad is a life-changing experience for a student. The pros-pect of studying abroad is exciting. It helps students grow academically, personally and professionally. In con-junction with their studies, students also develop cross-cultural communication skills and increase their fluency in a second language by studying and living in another country. Advanced technological and communication skills enable graduating students to compete and excel in a multinational or multicultural business environment.Decision of studying in a foreign country commands maturity from students in terms of taking independent decisions, living alone in an entirely new country and money management. Students who live with their parents in their home country can seek help from them, but they have to be penny-wise when they move base to an entirely new country, which implies dealing with a new currency and new cost arrangements.A few suggestions are given below to manage funds while studying in a foreign land:Government Help: Students need to research about funding opportunities provided by the ministry of education of the native country as eligibility criteria differ for International students. Government has specific rules for time limit, application procedures, eligibility criteria and the amount to be lent to students for International studies.University Fund: To manage funds better, students should opt for universities that provide scholarships. Student must enquire about the university they are keen to get enrolled in. They must collect information about the funding process of the university, which is readily available on the university website. Students should check the eligibility criteria for university scholarships to know whether they fulfil the requirements.Scholarships or Respectable Monetary Help: Scholarships are highly desired and the most respected Stephen H RobinetteAn army veteran with three decades of service experience, Stephen graduated from Missouri State University in 1969 and is currently its Associate VP. He also holds a Master's Degree in History from MSU. Manage Funds While Studying at Foreign UniversityBy Stephen H Robinette, Associate VP, Missouri State UniversityIn My Opinion
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