So – you are studying at the university wherever in the world but are thinking about a study in Australia. The problem is that you are worried about finding financial aid to cover it, right? Financing your dream is easier than you might realize. It is anticipated that more than 30,000 students participate in study abroad programs each year. At one point, each of them had just begun their search for financial aid just like you.
Seek Guidance to Study Abroad in Australia
Chances are, your local university has an entire department dedicated to studying abroad. Your first step should be to schedule an appointment with a member of this department. They will be able to provide you with invaluable information regarding your desire to study abroad in Australia. They may even have students currently studying in Australia and could put in touch with them. Additionally, the university may have scholarships or grants available to help finance your education. If they do not have anything available, they should be able to provide you with more information regarding other resources that can help. This department will also be an invaluable connection to the university’s alumni association, who tend to be very generous with their financial aid.
Federal Financial Aid
If you are in the United States, fill out your FAFSA at www.fafsa.ed.gov. As long as you are earning credits that can be transferred to your home campus, you can use federal financial aid to help fund your study abroad in Australia. The government created this program specifically to help finance your education when you prove to have the need for it. Most people who need it take full advantage of this program.
Be sure to check that the credits you plan to earn while studying abroad in Australia will transfer to your home institution. Any credits that are earned abroad have to have the ability to be applied to your current degree at home, as per FAFSA financial aid regulations.
If you are outside of the United States, it is recommended that you still look into your own government’s financial aid program.
Institution Awarded Financial Aid
If you are currently attending a university and they have awarded you a scholarship, you can request for the school to allow the financial aid to be allocated to study abroad in Australia. This is ultimately up to the university, but failing to ask the question will most certainly result in a no. Be prepared before you meet with the school, and make them aware of the ways in which you will use your Australian study abroad time to better their school. Offer to give seminars upon your return to benefit the study abroad department. Offer your experience and time to the school as a recruitment tool. There are many ways to gain their approval. Have a proposal ready for them to consider.
Independent Funding Sources
When you have exhausted the above possibilities, begin looking for private scholarships, grants, and loans that are earmarked specifically to finance your education abroad. There are companies and universities which provide assistance with scholarships – just google the phrase “study abroad in australia” and you’ll find the relevant websites. You’ll want to be careful of utilizing too much of your time competing for national scholarship awards, however, as thousands are bidding for that same money. Look for local grants and scholarships as much as possible. Another excellent source in the USA is your local Lions Club or Rotary Club. They set money aside specifically to help students finance their education. Similar to your university, do not expect to simply walk in and ask for money. You will need to phone the president, inform him of your intentions, ask to attend a meeting, and be put on their agenda to present your case. Present yourself in a professional manner if you are serious about obtaining financial aid to study abroad in Australia.
As a final note, if you do secure financing for your education, do not forget to send a thank you to the approval committee immediately! Then update them about your trip upon your return home.
After you have done all of the above, you should be well on your way to securing your financial aid so that you may study abroad in Australia!