Sources of Financial Aid for Students and Aspirants

Sources of Financial Aid for Students and Aspirants

Only 35 % of all students receive the financial aid from college or university in one of following forms: Scholarship; Fellowship, Assistantship. All the rest use other sources for study payment, for example, private funds. Competition on receiving the financial aid from university or private fund is high. Only students with good knowledge can receive it. The Financial Aid for Post-Graduate Students Usually financial aid is provided by university after decision-making on transfer to postgraduate study. However the financial aid is received not by all applicants in postgraduate study. Often the university gives the right to educating in postgraduate study without financial support, assuming thus that the post-graduate student will personally pay education or will find sponsors. The decision on the financial aid accepts a management of faculty and special department on financing of education of university on the basis of results of examinations, the statement, and a substantiation of a theme, recommendations and other available documents. The decision on financial support depends also on degree interest of university in research of the theme offered by you. Kinds of the Financial Aid The full financial aid includes the grant and all expenses on education. However it is necessary to remember, that even by granting of full financing of your education, you should pay the bill completely on road to a prospective place of education, food, etc. In many cases universities give partial aid. Universities provide following kinds of the financial aid: Teaching Assistantships - the financial aid at a working condition as the assistant to the teacher. Research Assistantships - the financial aid under condition of performance of research work. Fellowships - the full financial aid without necessity of additional work. It is given to the best post-graduate students. Financial Aid for Students There is a possibility of providing of financial aid to students for their education. You can receive the financial aid directly from college or university, from public organization or from private fund.

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