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Q. What is cost of education?
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A. Cost of education is a cost incurred
for your tuition fees at the university. It varies from
country to country and from university to university.
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Q.
What is the cost of living?
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A. Cost of living are costs incurred
throughout your stay at an overseas country where you
will pursue your education.
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| Q.
What are costs before admission? |
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A. These are costs of test registration
fees, application fees, and mailing costs.
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| Q. What
are costs after admission? |
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A. These are living expenses, medical,
personal and expenses incurred during your stay at the
university.
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| Q. What is TA (teaching
assistantship)? |
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A. Teaching assistants assist a professor
by teaching an undergraduate class or checking exam
papers. They are paid for this job, which covers most
of their expenses while at the university..
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| Q. How much does a
TA earn? |
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A. As compared to the cost of studying in
India only, going abroad can seem to be steeply expensive.
However one must keep the possible returns in mind which
are in the form of quality of education, international
exposure and boost to ones career when evaluating the
costs of studying abroad. A student can rely on sources
like family funds, bank loans, scholarships, bursaries,
sponsorships etc to provide for funds required by him.
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| Q. What is RA (research
assistantship)? |
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| A. Research fellowship/assistantship is
an award that allows you to work in the capacity of an
assistant to a professor on the research project assigned
to him. |
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| Q. How much does a
research assistant earn? |
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| A. As a research assistant the student
receives a tuition wavier or pays in-state tuition fees
and earns additionally to sustain living expenses through
their education |
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| Q. What is a guarantor?
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| A. A guarantor is the person who legally
co-signs your loan/financial aid documents. The guarantor
takes the responsibility of assuring the bank that you
can and will pay back the loan. If, in case you do not
pay back then it is the responsibility of the guarantor
to repay the loan. |
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| Q. Can I get a loan
to study overseas? |
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| A. Yes! There are a number of loans for
students looking to study overseas |
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| Q. What is a loan
fee? |
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| A. This is the fee paid for processing
your loan application |
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| Q. What are SFG's |
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| A. This is an initial for Scholarships/Fellowship/Grants. |
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| Q. What is an application
package? |
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| A. An application package consists of the
material required by the university: |
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| · Application forms |
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| · Application fees |
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| · Recommendations |
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| · Transcripts |
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| · Essays |
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| · Financial aid form |
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| Q. What are financial
aid packages? |
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| A. A university offers a financial aid
package, which consists of scholarships/grant and an on-campus
employment program for the student. Hence this package
helps you pay a large amount of your total cost. |
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| Q. How do I apply
for financial aid? |
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| A. Ask the universities, to send you the
financial aid form, which you should finish and submit
before the financial deadline date mentioned in the application
package of the respective university.! |
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| Q. What is a transfer
option? |
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| A. A transfer option is to complete at
least 2 years of the Bachelors program and then apply
for a transfer to the University that you want to attend
in the US. The years waived off in your transfer status
will depend on the courses covered in India and the grades
for the same. |
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| Q. What are tuition-waivers?
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| A. Tuition waivers are awards that waive
your tuition fees. These could range from partial to complete
tuition waivers. |
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| Q. What documents
do I send with my financial aid package? |
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| A. The documents sent are: |
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| Financial aid form |
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| Bank letter or Tax documents |
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| Q. What is a Bank
letter |
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| A. A bank letter is the letter issued by
the bank confirming the amount your parents can pay for
your education. |
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