Saturday, March 1, 2008

How, where, why and what of scholarships

How, where, why and what of scholarships

At a time when the entire student community from around the world is striving to go to the United States, the United Kingdom, Australia and Europe for higher studies, what is barring you? Finances? Well, if you are someone who has a colorful academic background, money should not be a factor deterring you from dreaming big and making it to the most prestigious colleges of the world.

How? Scholarships! In fact, scholarships are a very necessary item on the 'must-have' list of any student planning to go abroad for further studies – except the super-lucky ones with private funding. Believe it or not, there are hundreds of scholarships for you on offer (mostly for post-graduate, doctoral and post-doctoral courses) that can translate your dream of studying at Oxford, Harvard or Princeton come true. However, the catch lies in, first, knowing about the scholarship and, secondly, unearthing the right scholarship from among the maze of information on scholarships available on the net. EduMedia, through this article on scholarships, tries to streamline and put into perspective the jungle of information just for you.

Extremely competitive scholarships

If you are one of those with a never-say-die attitude, then you should go all out for the scholarships listed below. Be warned that they are extremely competitive but, at the same time, the very best in the world. If you can sweat enough to become the recipient of one of these, take our word, your life is made.

Rhodes Scholarship
The Rhodes scholarships, one of the oldest and most prestigious international fellowships, were initiated after the death of Cecil Rhodes in 1902.It now attracts outstanding students from the Commonwealth, Germany, and USA to Oxford University. Indian Rhodes scholarships are awarded on an All-India basis. Six Scholars are elected from India every year. For information, check: http://www.rhodesindia.com

Chevening Scholarships
Chevening is the UK government's flagship scholarship scheme, aimed at future leaders, opinion formers and decision-makers. The programme is funded by the Foreign and Commonwealth Office (FCO) and managed by the British Council worldwide, supporting over 2,300 international students annually to study in the UK. For general information on the British Chevening Scholarship Programme, visit web site:
http:// www.chevening.com

World Bank Graduate Scholarship Program
In 1987, the World Bank, with funding from the Government of Japan, established the World Bank Graduate Scholarship Program (WBGSP) for graduate studies in subjects related to economic development. Each year, the Program awards scholarships to individuals from World Bank member countries to undertake graduate studies at renowned universities throughout member countries of the Bank.

The Program's objective is to help create an international community of highly trained professionals working in the field of economic and social development. The objective of these Programs is to prepare the participants for effective policy-making roles in their home countries and regions. For information visit: http: // www. worldbank.org/wbi/ scholarships/

Erasmus Mundus Scholarships
The Erasmus Mundus programme aims at improving the quality of higher education in Europe and at promoting intercultural understanding with third countries. It has a budget of EUR 230 million for the period 2004-08.

Erasmus Mundus programme is addressed to third-country graduate students/scholars who apply to and are accepted by selected Erasmus Mundus Masters Courses. Students apply to follow the Course, scholars apply to carry out teaching and research assignments and scholarly work in the institutions participating in the Course. You can get complete information regarding the program at: http://www.delind.cec.eu.int/en/eco/erasmus_mundus.htm

Commonwealth Scholarships and Fellowships
This is an annual scheme made available to all Commonwealth countries by the Commonwealth Scholarships Commission. The India programme is managed jointly by the Association of Commonwealth Universities (ACU, UK ); Ministry of Human Resource Development (MHRD), Government of India and the British Council. The award is given for Master's/M.Phil/ PhD/ six-months clinical training/Fellowship.

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