Scholarships, according to some experts, have become a marketing ploy to entice international students, who pay four times the tuition of any local candidate.
Scholarships granted by low-ranked foreign colleges are frequently used to entice international students. Scholarships from foreign colleges are frequently used to entice ambitious students who want to study overseas.
Counselors and specialists relate incidents in which many students have been forced to labor illegally in foreign countries after falling prey to the scholarship trap.
“Agents misguide students and families because they get a substantial fee from the institution,” says Professor Amarjiva Lochan of the India Centre for Migration (ICM), which functions as a research think tank to the Ministry of External Affairs (MEA) on international migration and mobility.
Students receive the scholarship for only one semester, following which the college charges full tuition for the remainder of the course.” Because they lack a work permit, such students frequently turn to work illegally in addition to studying. Even the family is having difficulty arranging funds because their education budget unexpectedly overshoots.
Students have received scholarships ranging from $12,000 to $19,000 for the school year 2022-26, based on their academic abilities. However, this is a one-time scholarship that will not be renewed for the following academic session. Agents frequently misunderstand and misinform students in order to maximize their compensation from the university.
Scholarships are typically awarded by leading global universities for real academic excellence as well as other characteristics such as leadership and abilities. However, parents should keep in mind that low-ranking universities use it as a honey trap.
“Indian parents consider receiving a scholarship as a matter of achievement and pride,” said Adarsh Khandelwal, Managing Director of Collegify, a worldwide organization in the study abroad industry.
He adds that one shouldn’t blame the universities. “I don’t think it’s the universities’ fault. Colleges give a one-time scholarship perhaps as an incentive to attract international students to enroll and pay up with them for undergraduate/graduate courses,” Khandelwal said.
“I have seen students with 70 to 80 percent marks and a SAT optional background offered scholarships in the range of $12000-15000. It’s great but they should evaluate the ROI,” he cautioned.
It provides parents the sense that their children are being treated as scholars and will continue to be treated as such year after year. Reality is frequently harsher than their perception. Other analysts agree with Khandelwal that international students pay much greater tuition than domestic students. As a result, before enrolling in any college, it is critical to conduct thorough research.
Colleges in the United States offer a wide range of courses, some of which are specifically geared to attract international students. Because it covers their whole expenses, it is critical to assess and know your facts well. Considering all of the unknowns surrounding a scholarship is thus vital before depositing funds and applying for admission to an overseas university.
Legal Disclaimer: This article is provided for information purposes only.
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