What is the scholarship? Is it important to get a scholarship abroad?

A scholarship is a form of financial reward a student gets based on academic merits, such as test scores, diversity and inclusion, athletic skills, and financial need. Some popular scholarships are full bright scholarships, Rhodes, and Jefferson scholarships at graduate and undergraduate levels. According to the trend of the scholarship portal of Nepal, there are more than 144 scholarship criteria offered by foreign institutions for students of Nepal to study abroad. 

Foreign scholarship grants and waivers offered by universities and sponsoring Commissions are significant for Nepalese students. As the currency value of the Dollar to Rupees is a difference of hundred denominations, the actual cost of foreign education to students outside their peripheral is significantly costly, and the prices also attach to the living cost in a foreign country with studies which can become exorbitant for new students. 

The most crucial stage for Nepalese students to study is test preparation. Based on the scores and previous test records, they apply for scholarships and bursaries to look at a discount, where they have credits to study and work to cover tuition and living expenditures. Scholarships and grants are a feather in the cap for international students to not just research but advance with career opportunities. Scholarships create a favorable impression of the prospective employees to foreign employers to hire them in jobs keeping a record of their previous academic performance and skill demonstrated in the work area prior. 

There are also government-offered scholarship programs, which introduce a gateway for equal opportunity for a student in all their academic endeavors. It not only lowers the financial burden but also has added advantage of exploring and specializing in new fields. Scholarships are categorically for postgraduate and undergraduate levels. E.g., the QS scholarship for academic excellence is for the post-graduate level, while the international leader of tomorrow award at the University of British Columbia is for the undergraduate level. 

Students applying for scholarships can register online with complete procedures, check their inbox for confirmation, get proof of academic, athletic, and artistic achievements, refine and send documents to the scholarship provider, urge a letter of acceptance from the concerned University and get scholarship after confirmation and wait for results.