Scholarship grants!!! Well this is quite a lucky thing for a student to get in his life, but do I must say it is equally a tricky thing? Everyone student needs a scholarship because it is a financial aid to help the students cope up with their further educational fees. But how is it not the same as lending products? The reasons could be many and the ultimate one being its free money that meant you need not pay back.

It is really a advantage for a student who wishes to pursue his education abroad with financial conditions of his/her family being a burden. However and endless choice of scholarship grants are going waste and unused every year. Therefore it is time for The indian subcontinent to wake up and let know the students of various scholarship programmes. The students who are seeking scholarship grants should start off with a research. This would include enquiring about the scholarship grants programme in every university or school's website. It is also required for the students to do their home work on what kind of scholarship are they seeking? Exactly what are the reasons for them to award you? What is the number of scholarship grants being honored that particular year? Etc.

Gosh!! That is too much of procedure to follow for you to get a financial aid. However, if you have been honored one, it is worth being given for your talent and research. The most common scholarship grants can be classified into

a) Merit-based: Honored based on a applicant's achievement in the fields of educational, creative skills, sports, and other exceptionable talents in extra-curricular activities. These are honored directly by the any private organisation or the university itself.
b) Need-based: Honored based on the applicant's financial background. These are honored by the founder or contributor of the scholarship programme for the needy.
c) Market based: Honored based on the applicant's family background, race, faith, caste, gender. The most common scholarship programme under this category in The indian subcontinent are the fraction scholarship grants
d) Career-specific: Honored fot it applicant's who have a dream to pursue their advanced schooling or a specific field of study. UP Scholarship These are honored by the university itself.
e) Bond-based: This is self-describing, here the awardees must work for a particular company or give his service to a college, failing on which he's to repay the amount paid as his fees. This is most common in tall 3 armed forces in The indian subcontinent.

So we know universities and the government are the main sources for scholarship grants. But it is possible to many, like:
• Voluntary Establishments
• Charity Trusts
• Community Cosmetic foundations

But with the College fees in Universities abroad becoming expensive every year, I know feel every Indian student deserves a scholarship to pursue his/her education. Consider a cup of coffee or costs 3 dollars in the You. S. So it means the parents back at home to send their kids approximately around Rs. 140/-. Wow!!! Do, you really think parents can afford to make their kids study abroad for a year or two? Looks cool, but in reality it is difficult. It is time to think over. A scholarship if you really deserves it, or still troubles your parents?