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CEOWORLD magazine - Latest - Education and Career - Why Should You Focus on Scholarship More Than You Do

Education and Career

Why Should You Focus on Scholarship More Than You Do

Excited male African student reading a paper

Pursuing higher education is not a simple task. There is so much to consider before you decide anything about it. Of course, your future is at stake. However, the most immediate concern is the financial burden that may fall upon you. Financial management takes centre stage as we end up deliberating on the possible sources of finances and their management so far as education is concerned. Scholarships, therefore, come in handy.
Scholarships have become resourceful tools for students, especially those wanting to study abroad. They effectively do away with or reduce the financial burden on you provided certain conditions are met. Yet, not many take them seriously. Students do not invest their energy as much as they should in researching and applying for scholarships. As a result, many capable students miss out on many great scholarship opportunities. Today, I want to talk about exactly this. Let us understand why we need to consider scholarships seriously.

  1. Access quality education across the globe
    Many students from underprivileged or financially strained backgrounds often lose the chance to educate themselves in good universities. Higher education is generally expensive around the world, and this fact is a major obstacle for such students. Scholarships, however, offer a chance to access these institutions and pursue dreams which otherwise would have become difficult to realize. The one major aspect of higher education, finances, is readily taken care of by scholarships. All you have to do is to show that you deserve them.

  2. There is extensive support offered to recipients
    You need to understand that the nature and extent of support vary so far as scholarships are concerned. Some extend support over various areas such as travel, tuition, daily allowance, etc. Whatever scholarship you apply for and/or receive, you will be offered a good range of support. A good scholarship such as the Rhodes Scholarship provides complete coverage, from travel to tuition. Moreover, these scholarships come with many other perks which may not be financial in nature, such as exclusive membership to international students’ clubs, etc.

  3. No burden to work during education
    Of course, this is your decision whether or not to work part-time, but a scholarship might make the decision easier. If you have won a good scholarship, then you will not have to earn extra to sustain yourself. In fact, many scholarships may come with terms and conditions requiring the recipient to refrain from any full-time or part-time during the scholarship period. Nevertheless, unlike many students, you will be spared the compulsion to work during education. Instead, you can focus more on studies and travel, which are equally very important.

  4. Adds a star to your credentials
    The most vital document in the life of a student is his resume. You have to have a good resume, or else no good university will take you in. In fact, you get a scholarship based on what your resume speaks about you. The better your resume is, the more chances you can win the scholarship. Once you gain a scholarship, it will only add more colour to your credentials. Any takers in the future, whether it is another university or workplace, will be confident in your abilities as everyone knows that you don’t get scholarships unless you are good. So, it is not just money that will get you going; your reputation will be significantly enhanced by the fact that you hold a scholarship.

  5. Boosts networking
    I have already noted this but would like to elaborate more. Once you are placed in the circle of scholarship recipients, you are put in touch with many like you. You become a part of a network comprising equally talented scholarship recipients, and this will help you immensely in the long run. Through this network, you will be able to get referrals and testimonials from its members, and things might become relatively easier for you to access. Many scholarships operate clubs and associations across the globe that offer a centralized database of their recipients. These members are often entitled to many perks, such as VIP parties and whatnot.

Have you read?
How raising your emotional intelligence can make you the best salesperson in the room by Christopher Golis.
The Great Resignation is Over – Or Is It by Walt Brown.
How to (Really) Build Cross-Cultural Competence from Education Abroad Experiences by Dr. Paula Caligiuri.
To Achieve Top Performance, Growth Mindset is Not Enough by Brent Keltner.
Book Review: Confessions of an Economic Hit Man 3rd Edition – China’s EHM Strategy; Ways to Stop the Global Takeover, by John Perkins by Ladys Patino.


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CEOWORLD magazine - Latest - Education and Career - Why Should You Focus on Scholarship More Than You Do
Lisa Brown
Lisa Brown is the opinion editor for News and Initiatives at the CEOWORLD magazine, supervising coverage that includes consumer issues, technology, travel, life, and money news. She's a California native who grew up in the Central Valley. Lisa is also an editor on the Breaking News desk and oversees stories of national significance. Reach her at info@ceoworld.biz