How to manage financial uncertainties as a student abroad

How to manage financial uncertainties as a student abroad

91% of students do not know how to manage their personal budget. Many students run out of money during their first semester of college. 

How can you differentiate yourself from this majority? You create a well-organized budget and learn to manage financial uncertainties from the beginning of your college experience.

Fortunately, there are numerous funding options available to help you throughout your studies. Here are a few options:

Part-time jobs: One of the most common ways for international students to increase their income is by finding a part-time job. Many universities offer employment opportunities on campus, such as in the library, cafeteria, or administrative offices. Additionally, you can explore job opportunities off-campus in the local community, such as those in the hospitality sector, internships, or freelancing. Balancing work and studies can be a challenge, so make sure to prioritize your academic commitments while looking for a job.

Government sources: Depending on the country where you are studying, there may be government-sponsored financial aid programs or scholarships available to international students. These programs can provide financial assistance based on academic merit, financial need, or specific criteria. Researching and applying early for such funding can increase your chances of receiving additional financial support for tuition, living expenses, or other educational costs.

FINS student loans: You can receive up to 25,000 euros to fund expenses such as accommodation, tuition fees, living expenses. Discover more details here. 

Overall, managing finances as an international student requires careful and ingenious planning. The three resources previously presented are just some of the ways you can use to prepare for studying abroad.

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