My Scholarship STRATEGIES - Reduce Your Tuition FEE

Murrad on Run

22 May 202409:24

Summary

TLDRThe 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.

Outlines

00:00

🎓 Applying for All Scholarships: Why It's Crucial

The speaker emphasizes the importance of applying for all possible scholarships when planning to study abroad. They share personal experiences and examples of friends who successfully obtained scholarships, including a friend who received a Japanese government scholarship. The speaker highlights that many students miss out on numerous small scholarships because they only apply for major ones. They encourage students to spend time researching and applying for various scholarships, even the smaller ones, as they can add up to a significant amount. The speaker also suggests leveraging scholarship offers from other universities to negotiate better deals.

05:01

💡 How to Find and Apply for Scholarships Effectively

The speaker provides practical tips for finding and applying for scholarships. They suggest using ChatGPT to identify scholarships for specific universities and courses. Applying early is crucial, as it increases the chances of getting scholarships. The speaker shares insights from their conversations with admission committees of prestigious universities, reinforcing the importance of early applications. They also stress the significance of crafting a compelling essay that sets applicants apart, especially for those facing stiff competition. Finally, the speaker advises students to explore crowd-sourcing platforms like GoFundMe for additional financial support, emphasizing honesty and integrity in their campaigns.

Mindmap

Keywords

💡Scholarship

A scholarship is a financial grant awarded to a student to help cover the cost of their education. In the video, the speaker emphasizes the importance of applying for all available scholarships, regardless of the amount, as many students overlook smaller scholarships that can cumulatively cover significant expenses. Examples include Japanese government scholarships and TOEFL scholarships.

💡Apply Early

Applying early refers to submitting scholarship and admission applications well before the deadlines. The speaker highlights that early applications have a higher chance of being awarded scholarships, as funds are often limited and awarded on a first-come, first-served basis. This strategy is recommended for maximizing scholarship opportunities.

💡Funding

Funding is the financial support provided for a student's education, which can come from various sources like scholarships, grants, or university funds. The video discusses how students can negotiate with universities for additional funding by showing offers from other institutions, thus increasing their chances of receiving financial aid.

💡Email Communication

Email communication is the process of contacting universities and scholarship providers through email to inquire about financial aid opportunities. The speaker advises students to proactively email university admissions committees to request additional scholarships, highlighting the importance of clear and persuasive communication in securing funding.

💡TOEFL Scholarship

The TOEFL scholarship is a financial award given to students based on their TOEFL exam scores. The video mentions this as an example of a smaller scholarship that students might not be aware of but can contribute significantly to their education costs. It underscores the idea that various niche scholarships are available based on different criteria.

💡Personal Statement

A personal statement is an essay that students write as part of their application to showcase their background, achievements, and motivations. The speaker stresses that a well-crafted personal statement can set a student apart from others and increase their chances of winning scholarships. It's a crucial element in the application process that requires significant effort and introspection.

💡Networking

Networking involves building connections with current students and alumni to gain insights into available scholarships and application tips. The speaker recommends reaching out to students already studying at the target university to learn about unadvertised scholarships and gather advice on the application process.

💡Crowdfunding

Crowdfunding is the practice of raising small amounts of money from a large number of people, typically via the Internet. The video suggests using platforms like GoFundMe or Kickstarter to raise funds for education expenses, especially for students in extreme financial situations. It emphasizes honesty and transparency in sharing one’s story to garner support.

💡University-Specific Scholarships

University-specific scholarships are financial awards provided directly by universities to their students. These scholarships can be merit-based, need-based, or specific to certain programs. The speaker encourages students to inquire about these opportunities directly from the universities they are interested in, as they might not be widely advertised.

💡Persistence

Persistence is the continuous effort to achieve a goal despite difficulties or delays. In the context of the video, it refers to the relentless pursuit of scholarships through repeated applications and follow-ups with universities. The speaker motivates students to be persistent in their efforts, suggesting that perseverance can lead to success in securing scholarships.

Highlights

Many students are unaware of the steps required to apply for scholarships, which are essential to follow in order to secure financial aid for studying abroad.

The speaker emphasizes the importance of applying for scholarships early, as it increases the chances of receiving financial support.

There are numerous scholarships available, including small amounts like $1000, $2000, or $3000, which can accumulate to a significant sum.

Students often overlook smaller scholarships, focusing only on large ones, which can be a missed opportunity for financial aid.

The speaker shares personal experiences of helping thousands of students secure scholarships, including their friends and acquaintances.

There are over a hundred million dollars in unclaimed scholarships due to students not applying for them.

The speaker advises students to inquire with their university's admissions committee about available scholarships and express their interest in attending.

Negotiating for scholarships is recommended; students should not be shy to ask for more financial support if they receive a small scholarship.

The speaker mentions that many scholarships are not well-publicized and may require students to actively seek information from peers or the university.

Students are encouraged to connect with classmates who have received scholarships to learn about their experiences and tips for applying.

The importance of a well-crafted application essay is highlighted, as it can set a student apart in a competitive application process.

The speaker suggests that students should spend at least a month preparing their scholarship applications to ensure they stand out.

There are various platforms like GoFundMe where students can raise funds for their education if they have a compelling story and need.

The speaker warns against lying on fundraising platforms as it can damage one's reputation and reflects on their country as well.

Students are urged to be proactive and not rely solely on university information, but to also seek out and inquire about scholarships actively.

The transcript mentions that there are zero tuition fees at public universities in Germany, which is an attractive option for students looking to study abroad.

The speaker concludes by emphasizing the importance of effort and persistence in securing scholarships and the value of sharing knowledge within the community.