"Higher education can be costly affair and it may be difficult for many Indian families to bear that much financial burden. This is why a scholarship can be a very useful financial help when it comes to making higher education possible for a talented student. Here is a look at some of the benefits of a PG scholarship.
1. Freedom to pursue studies
With postgraduate scholarships , students are free to pursue the course of study that they desire. Often, students have to sacrifice their studies if a particular course fall beyond what their family’s financial capability is. However, with a scholarship, you can pursue the educational avenue that you choose and leave the rest to the scholarship provider.
2. Financial help
A PG scholarship will help you and your family save a lot of money, which would otherwise have been spent on the course. Furthermore, you are also saved from having to take an educational loan from a bank or other institutes. Even though such a loan helps you pursue the education that you like, it will also be quite hectic to manage in the long run. For instance, you would have to pay a lot of interest for such loans, which you can avoid if you get a scholarship sanctioned.
3. Free time on your hands
When your course fee, tuitions and all other academic costs are paid by the scholarship, you do not need to take up a part time job or internship to pay off the cost of the education. This leaves you with a lot of free time on your hand, during which time you can pursue your studies or any other interest that you might have. Basically, the scholarship will reduce the hassle that you would otherwise face during a postgraduate course.
4. Benefit during job hunting
Many feel that the advantages of a scholarship last as long as the course does. However, this is not true. It is true that you will receive financial assistance till the end of the tenure of study, but the fact that you received the scholarship can be an asset in your resume. Due to the competitive nature of most scholarships, employers understand that it takes a special talent and skill to win a scholarship. If you do get a scholarship, future employers will likely be impressed by it and it will increase the chances of you getting hired.
At a rate, do not forget to apply for as many scholarships as possible to maximize the chances of getting an approval.
Rajat Kumar has an engineer’s degree and believes that scholarships play a major role in helping one fulfil the dream of studying abroad. He is now a lecturer in one of the top engineering colleges and loves to educate students on the importance of graduation and the benefits of a postgraduate scholarship. Here, he speaks about how PG scholarship makes higher studies easier.