Analyons header image 2

Post-Grad Possibilities - International Grants And Fellowships

September 22nd, 2008 · No Comments

Receiving a Fulbright Scholarship sure sounds impressive. If you\'re a Rhodes Scholar no one would doubt your academic chops. But what exactly are they? They\'re just two of several international grants and fellowships that fund a wide variety of independently-designed projects and advanced academic study abroad for recent college graduates. In other words, you could get paid to study a topic you love.

These programs offer an opportunity to delve further into an area of study that interests you. While traditional graduate programs may adhere to an established curriculum, these awards allow a great degree of independence in designing your project. \"In some cases students don\'t want to go straight to work or straight into a graduate program and the delay time and the chance to think further about what they really want to do is valuable. It\'s great on a resume,\" says Virginia Hancock, chair of the committee of fellowships and awards at Reed College in Portland, Oregon.

If you\'re interested in these fellowships, get serious about applying. These programs value independence and leadership, but above all they value passion for an area of study. Begin thinking about applying early. Students can start planning for fellowships as early as their freshmen year and should start to get serious about applying during their sophomore year.

There are many ways to prepare for these programs. Take advantage of the resources available at your college, including counselors and financial aid officers. Become involved in activities related to what you want to study and foster relationships with professors and other professionals in the field. Be ready to explain what you want to study and why you want the award.

Some of the most well-known awards include:

Rhodes Scholarship: This is the oldest international fellowship started in the United States to fund U.S. students abroad. Each year 32 recent college graduates are selected to study at Oxford University in England. Scholars receive two years of funding and may be eligible for a third. Famous alums include former President Clinton and poet Robert Penn Warren.

Fulbright Grant: The largest international exchange program for U.S. citizens helps fund study for college graduates, graduate students, doctoral candidates, young professionals and artists. Fulbright Scholars receive funding for independently-designed, year-long projects, including research, classes and teaching English. This program, sponsored by the U.S. Department of State, awarded over 6,000 grants in 2004 with scholars studying in 150 countries.

Marshall Scholarship: A British-sponsored program founded in 1953 to strengthen the bonds between the United States and Britain, the Marshall Scholarship funds at least 40 U.S. students to study for graduate degrees in the United Kingdom for two years.

Watson Fellowship: This program provides $25,000 for one year of independent research and travel outside the United States. You must be a senior graduating from a participating U.S. college. The Watson funds projects that reflect students\' genuine interests, even if those interests are not apparent in their academic work. Past projects include white-water rafting rivers in Africa, investigating equestrian societies in Mongolia, and studying the music of Khmer people in Asia. Fellows cannot return to the United States for the entire year of their fellowship.

German Academic Exchange Service (DAAD) Scholarship: Institutions of higher education in Germany support this award for undergraduate students, graduate students and faculty members to study in Germany. DAAD programs range from summer studies to research internships. Over 50,000 students and researchers receive funding each year.

Gates Cambridge Scholarship: One of the newest of the big international grants, this scholarship was started in 2000 by the Bill and Melinda Gates Foundation with a $210 million gift to the University of Cambridge. Recipients of this award must be graduate students from outside the United Kingdom who are accepted to study at the University of Cambridge. The award covers full tuition for 230 students at any one time, with 100 new students selected annually.

If these programs don\'t exactly meet your interests, keep looking; an award may be available in the field of study that interests you most. Many colleges have faculty members who serve as on-campus resources to help students decide which award is a good fit for them.

Hancock says the benefit for students of the process of applying for these awards, \"Even if they don\'t succeed at the fellowships business, they\'ve got all that material, all that background, all that thought prepared for whatever it is they might want to do, whether it be graduate school applications, job applications, grant applications, whatever.\"

Sign up for FastWeb and get a personalized list of scholarship matches from more than 1.5 million scholarships.

Graduate School Financial Aid - Do You Know What Your Options Are
While graduate students can take advantage of various Federal and private loan programs, they can also choose financial aid options that aren't availa...

Hot to Get Money for College
Financing a college or a graduate education is not always easy. In fact, you should use all of available resources at your disposal. When applying to ...

The Latest Small Business Grant Information
Do you own a small business business? If you answered yes to this question, you probably understand that you need money to keep your company afloat r...

Your Financial Aid Guide to Grants - Navigating Your Way to Free Money
So what are grants, and how do you get them? Grants fall into a very unusual "free money" category. While familiar to most, federal grants are awarded...

Returning To School? Apply For An Asthma Scholarship
We are at a time when educating children is more expensive than ever and both parents and students seek some relief from those costs by applying for s...

How To Find an International Student Loan
An International Student Loan is designed to assist American students who want to study abroad and international students wishing to study in the Unit...

You Can’t Fail With These 10 Must Do Steps For A Successful Career Thru Higher Education
Education beyond high school can give you choices that may not otherwise be possible, open doors to better paying positions, and give you the opportun...

Where to Find Scholarships and Fellowships on Offer?
One of the hottest websites in this regard is FastWeb scholarship search. Which is the largest database with a high degree of accuracy as it is update...

Financial Aid for College Students - Grants
The bad news about attending college is that it costs more than ever to attend. The College Board estimates the average four-year public college costs...

Student Loan
The student loan application process is not as difficult as it sounds. Although it can be done through a bank or credit union, it is best to do it dir...

Undergraduate Research And Travel Grants For College Students - Overlooked Financial Aid
Grants are an often overlooked source of funding for projects undergraduates would otherwise pay out of pocket, and absolutely vital for graduate stud...

Education Loans - Making Studies Easier
Education makes the backbone of a society and that's why in today's world, you need to spend a good amount to avail good education. Education loans ar...

Boost Your College Financial Aid Package With Private Student Loans
With tuition costs rising quickly and caps on federal financial aid rising slowly, an increasing number of college students are turning to private stu...

School Loans - Need Based vs Non-Need Based Loans
If you are thinking about applying for a new school loan or consolidating your current school loans now that you have graduated, the information prov...

How To Find Free College Grant Money
You have heard the expression many times before if you think college is expensive, you ought to see how expensive ignorance is. While there might be...

Tags: RSS Feed Icon Financial Aid For College