Once you have decided to study in the UK, your focus naturally turns to arrange enough funds to pay your tuition fee and living expenses to support yourself whilst there. For many Indian students, securing financial aid is a critical aspect of whether they can afford to study at a UK university.
In an effort to make funding as easy to understand as possible, we have collated a list of financial aid, scholarship and bursary providers, public and private, who can help Indian students study in the UK. Additionally, our international application advisors can assist Indian students in finding the right financial package to achieve their dream of gaining a UK degree.
The main aim of the financial aid is to ensure the worthy Indian students accomplish their future endeavours and fulfil their dreams and goals in life.
Public funding is offered by universities or government programmes, while private funding is often provided by independent lender programmes and large corporations, such as banks. Examples of such companies can be found further below.
Each year, governments, universities and private organisations make a limited number of scholarships available to students who wish to study in the UK. Because of the limited number available, competition can be fierce. Some scholarships are for students, who cannot afford to study in the UK, and some are for academic excellence, but all will enable you to worry less about how to cover the expense of studying in the UK.
SI-UK helps both undergraduate and postgraduate Indian students interested in studying the UK secure scholarships and bursaries.
Indian banks offer a variety of loans which come with flexible repayment options, allowing you to plan for the future accordingly. Repayments do not usually commence until six months after your course is completed, or when you find employment, and loans can cover the expense of tuition, travel, accommodation or other costs related to your course of study.
The loan would be sanctioned only if you have received the unconditional offer letter from the university and have met all the terms and conditions of the bank. As banks take some time to sanction the loan, it is advisable to start the process of applying for the loan immediately after receiving the conditional letter.
SI-UK student loan advisors will assist you with all the information you will need to apply for and successfully receive an education loan if you do indeed meet the requirements.
Do you want to take the next step and apply for student funding? Arrange a free consultation at your nearest SI-UK India office today so we can take you through all the options ahead of your stay in the UK.
I sincerely thank SI-UK for getting me accepted to UCL. The MSc in Urban Development and Planning is extremely competitive, but the right guidance provided by SI-UK made my dream of studying at University College London a reality. The services were exceptional from beginning to end.
Rashmi Lakshanya Urban Development and Planning at University College London