My Scholarship STRATEGIES - Reduce Your Tuition FEE

Summary

The video script discusses the importance of applying for scholarships when planning to study abroad. It emphasizes the availability of numerous scholarships, including smaller ones, that can accumulate to significant amounts, and the need to apply early and proactively. The speaker shares tips on how to research and secure scholarships, including leveraging university admissions and networking with current students. The script also highlights the competitive nature of securing scholarships and the need for a compelling application to stand out.

Takeaways

• 😀 There are numerous scholarships available for students planning to study abroad, and following certain steps can increase the chances of securing them.
• 📝 It's essential to apply for scholarships early, as many students miss out due to not applying on time, which can result in a higher chance of receiving financial aid.
• 🌟 The speaker emphasizes the importance of standing out in applications, suggesting that it can take a significant amount of time and effort to craft a compelling scholarship essay.
• 🤔 Students often overlook smaller scholarships, but accumulating several smaller awards can add up to a substantial amount of financial support.
• 📚 The transcript mentions that there are over a hundred million dollars in unclaimed scholarships due to students not applying, highlighting the need to be proactive in the search.
• 🏆 The speaker shares personal experiences of helping thousands of students secure scholarships, including their own and friends' successes.
• 💡 Networking with current students at the university of interest can provide insider tips and information about available scholarships that may not be widely advertised.
• 📈 The importance of asking for more funding is stressed; if a student receives a small scholarship, they can negotiate for more based on other offers or by demonstrating financial need.
• 📲 The transcript suggests using platforms like GoFundMe for crowdfunding if genuine need is demonstrated, but warns against misrepresentation as it can affect one's reputation and country's image.
• 🗣️ The speaker encourages students to produce content and engage in constructive discussions in the comments section of their channel, rather than focusing solely on consumption.
• 🎓 Lastly, the transcript touches on the benefits of studying in countries with zero tuition fees, such as Germany, and the speaker's commitment to creating content that can help students apply for such opportunities.

Q & A

What is the first step to follow when applying for scholarships?

The first step is to apply for all available scholarships, as many students miss out on opportunities by not applying widely.

Can you give an example of someone who received an unexpected scholarship?

Yes, the example given is of Chinmay, who received a Japanese government scholarship after his sister encouraged him to apply, even though he was initially doubtful.

Why do many scholarships go unclaimed each year?

Many scholarships go unclaimed because students often only apply for large, well-known scholarships and overlook smaller ones, which can add up to significant amounts.

What is a good strategy for finding scholarships specific to a university?

A good strategy is to contact the admissions committee of the desired university and inquire about all available scholarships, including those not listed online.

How can students use other universities' scholarship offers to their advantage?

Students can leverage offers from other universities by informing their preferred university about these offers and asking for additional funding to secure their enrollment.

What should you do if you receive a scholarship offer that is not sufficient?

If the scholarship offer is not sufficient, you should persistently follow up with the university for additional funding, as persistence can often lead to better offers.

Why is it important to apply early for scholarships?

Applying early is important because it increases your chances of receiving scholarships, as many universities have limited funds and early applicants are prioritized.

How can your essay impact your scholarship application?

Your essay is crucial as it differentiates you from other applicants. It should highlight unique aspects of your personality and experiences to make a strong impression.

What is a recommended approach if you are in an extreme financial situation?

If in an extreme financial situation, consider starting a GoFundMe campaign to crowdsource funding for your education. Be honest and transparent about your needs.

What are some ways to ensure you are aware of all available scholarships at a university?

To ensure awareness of all available scholarships, network with current students at the university, as they can provide firsthand information about various funding opportunities.