Affording University – Costs and Funding

Despite the impending rises in tuition fees the number of students attending university continues to rise with perception that an academic experience and qualification at degree level is a key precursor to a successful career. Many employers no doubt favour those who have demonstrated their ability to achieve a higher level qualification and the implicit skill sets required to get there. While young adults looking forward to their working life (as well as their parents) are keen to get any advantage they can to compete in an evermore ruthless job market.

Before considering what finances will need to be in place before you child goes to university it is worth looking at the costs and funding that will be available at the time. Under the new system the costs of university can be split into two camps: tuition fees and living costs.

Tuition Fees
Universities in the UK will be permitted to levy tuition fees of up to £9,000 a year from 2012 onwards, for a full time student, although these fees will vary from one institution to another. The fees will be paid directly by the Student Loans company and so will form all or part of a student’s Student Loan. Read the rest of this entry »

, , , ,

No Comments

A Teaching Assistantship May Help Alleviate Some Grad School Education Costs

If you are like most graduate students or prospective graduate students, paying for your graduate degree is a top concern for you. There is no denying the value of a graduate degree to further your career prospects and help you to achieve your ambitions, but an advance degree does not come inexpensively. Fortunately, graduate students tend to have more funding opportunities than do undergraduate students. One valuable source of funding for graduate school might come from a teaching assistantship.

What is a teaching assistantship? This position involves serving as an assistant to a professor or a department during your time in graduate school. Teaching assistants, or TAs, are usually contracted by the semester or the year. You will receive compensation for your services in the form of free tuition or a generous tuition reduction during the time that you are contracted as a TA. You will also likely receive a monetary stipend as well as health care options and other benefits. Serving as a TA can make graduate school a possibility for students who would not otherwise be able to afford the expenses. Read the rest of this entry »

, , , ,

No Comments

Studying Abroad – It’s Time to Take the Plunge

The time after completing school is often a very challenging time for students. This is the time when you need to make many serious decisions about your career. One of these decisions is to choose the right college for yourself. However did you realize that now you can actually browse across countries as well while selecting a college for higher education?

There are many reasons for that. Primarily, with the end of cold war, there is greater synergy among nations of the world and there is a serious intention of creating alliances for mutual benefit such as education, trade and commerce. Most of the countries today allow the easy transit of students for the purpose of education. Most colleges also today have specific provision for admitting foreign students.

What really creates the need for students to go abroad for higher studies? Primarily, it is the idea of gaining a global perspective that propels students to look for opportunities for higher education. With over a hundred countries in the world, virtually every other country offers a whole-new experience in terms of climate, culture, people and professional environment. Therefore to visit abroad for higher education often helps one in developing into a well-rounded global professional.

Another reason is that there are many cases when it is the individual repute of institutions that attracts students from around the world. For instance there are various universities in the US that are highly reputed for offering programs in technology and hence they become the target for all ambitious technology students around the world. Similarly, there are colleges and universities in the world that hold the crown when it comes to specific domains and career fields.

Another trend being followed in the sphere of higher education today is its use as a plank for settling abroad. While emigration has its own challenges and takes substantial number of years, a student visa takes just months to process. And having a qualification from the target country often makes it easy for settling there as employers prefer such candidates.

So if you too have been contemplating this step, now is the time to take the plunge. If money is an issue, you can look for soft loans from the bank. If information is the issue, explore the web or refer a consultant. However there is a word of caution. Whatever you do, make sure you do a proper verification of the college or university that plan to join.

No Comments