graduate school fellowships Archives - Dilip Oak Academy Blog

Essential Tips for Students on reaching US Universities for Fall (August) 2024

July 29, 2024September 5, 2024Dilip Oak's Academy

Congratulations to everyone who secured a spot at a US university for Fall 2024! The application and visa processes were challenging, but now you’re on the brink of an exciting new chapter. Before you begin this journey, here are some critical steps to take upon arriving for your MS in the US for Fall 2024.

1. Check-In with Your University

Report to your university’s international student office (ISO) promptly upon arrival. They will verify your documents (passport, visa, I-20, marks statements) and provide further guidance. This step is crucial for maintaining your legal status and getting the necessary support from the university.

2. Finalize Housing and Living Arrangements

Securing comfortable housing is crucial. Start by reading online reviews on sites like Yelp to avoid potential issues, such as bed bugs, which can be a significant problem in some areas. When you find a place, carefully understand the lease terms before signing. If you need furniture, remember that new furniture often requires assembly, so consider buying used items from Craigslist or eBay to save money. Always negotiate prices and ask the senior students or current residents to refer you, which might get you a discount on your first month’s rent. Finally, don’t forget to utilize university housing resources and bulletin boards for listings and roommate matching.

3. Set Up Utilities

Arranging utilities is essential when moving into your new apartment in the US. Unlike some places, most apartments require you to contact utility providers to activate services like electricity. Each state has different utility providers, so you’ll need to contact the local companies specified by your apartment complex. Ensure you make these arrangements before your arrival to avoid any disruptions in service.

4. Attend the Orientation

Participate in the university orientation sessions designed for international students. These sessions cover academic policies, campus resources, safety protocols, and cultural adjustment tips. Orientation is an excellent opportunity to meet fellow students and familiarize yourself with the campus. You will also learn about the various international student services offered by your university.

5. Register for Classes

Follow the registration process outlined by your academic department. Select your courses based on your program requirements and academic interests. Early registration ensures you get the classes you need and helps you stay on track with your academic goals.

Still studying for your GRE? Explore our numerous blogs on GRE Quantitative Reasoning and GRE Verbal Reasoning.

6. Join Student Organizations

Engage with student clubs and organizations that align with your interests. This is a great way to meet new people, build friendships, and enrich your university experience. Joining these groups can also provide networking opportunities and support systems.

7. Enroll in Health Services and Insurance

Health insurance is a critical consideration for international students pursuing MS in the US for Fall 2024. Enrolling in the university’s health insurance plan is highly recommended, especially for the first year. This plan is tailored to meet students’ specific needs and challenges, ensuring comprehensive coverage. Also, university insurance plans typically offer better integration with campus health services, which can simplify access to medical care and reduce out-of-pocket expenses.

8. Apply for a Social Security Number (SSN) and other Essential IDs

If you have a paying job, you can apply for a Social Security Number (SSN). This makes campus jobs particularly important for international students. Remember, the SSN is tied to your credit history, so securing one can significantly aid in building your financial reputation in the US. In addition to the SSN, you’ll need other forms of identification, such as a State ID, which allows you to travel without your passport, and a student ID, which can provide discounts at museums, grocery stores, movie theaters, and more. You may also want to obtain a driver’s license if you plan on driving.

9. Set Up Communication

Obtain a local SIM card or activate an international plan for your phone to stay connected. Additionally, set up an email account provided by your university for official communications. This will be your primary means of staying informed about university announcements and updates.

10. Open a Bank Account

Opening a bank account is a top priority. Opt for a bank close to your university for convenience. Many universities have partnerships with local banks that offer services tailored to students.

11. Get a Credit Card

Getting a credit card is crucial for building your credit history in the US. These cards often include perks like no foreign transaction fees, cash back, and sign-up bonuses. Remember to always pay off the entire monthly credit card amount to avoid accruing debt and interest charges. This practice keeps your finances in check and helps build a strong credit score, which is beneficial for future financial activities like car loans or renting an apartment.

12. Explore Part-Time Job Opportunities

Looking for a part-time job can be immensely beneficial for international students, offering both financial relief and valuable experiences. On-campus roles such as teaching assistants, research assistants, and graduate assistants are not only a source of income but also allow students to contribute to research projects or support teaching efforts, which enhances their learning and resume. Additionally, these jobs facilitate meaningful connections with faculty, staff, and fellow students, helping them integrate into the university community.

Preparing for your MS in the US for Fall 2024 involves careful planning and organization. From setting up bank accounts and credit cards to securing health insurance and phone plans, each step is crucial for a smooth transition. Stay informed, utilize university resources, and manage your finances wisely to ensure a successful and enjoyable academic experience in the US. Best of luck on your journey!

As India’s leading Study Abroad Consultant, Dilip Oak’s Academy offers a comprehensive suite of admission counseling services that can guide you through the entire process from Shortlisting Universities to Visa Counseling. With our expertise, we have successfully sent 32,000 students to various prestigious American universities like MIT, Stanford, Cornell, and Carnegie Mellon. We also offer classroom and online coaching for GRE, TOEFL, and IELTS, as well as GRE Self Prep. To explore our services, book a free consultation or call us at 91-20-67444222.

Step-by-Step Guide for Applying to Master’s Degree in the USA: Admission Timeline for Fall 2025

July 11, 2024September 5, 2024Dilip Oak's Academy

We hope everyone who attended our seminar on June 16th found it enjoyable and informative! It was great to see so many enthusiastic faces ready to explore the exciting opportunities for pursuing a Master’s degree in America in Fall 2025.

For those who want a detailed breakdown of the application process, this blog will provide a comprehensive timeline for Fall 2025 to help you plan your journey from preparing for exams to securing your visa for the Fall 2025 intake. Let’s dive in!

Things you need to do between August 2024 – December 2024:

1. Take Your GRE and TOEFL/IELTS Test

What to Do

Prepare and Register for Exams: Begin studying for the GRE and TOEFL/IELTS as early as possible. Join our GRE classroom coaching or use our self-prep course for practice and mock tests.
Schedule Exam Dates: Aim to take the exams by October/November to give yourself enough time for retakes if necessary.

Tips

Create a Study Plan: Break down your study materials into manageable chunks and set daily or weekly goals. You can download your FREE study plan here.
Join Study Groups: Collaborate with peers preparing for these exams. Sharing resources and tips can be very beneficial.
Use Apps and Online Resources: Dilip Oak’s Academy platform will give you a lot of preparation material. Additionally, platforms like Khan Academy offer some great free resources.

2. Documentation

What to Do

Draft Your Statement of Purpose (SOP): Start writing your SOP early. Highlight your academic background, career goals, and why you want to study in the US.
Request Recommendation Letters: Reach out to professors or professionals who can provide strong, personalized recommendations. Give them ample time to write these letters.
Prepare Your Resume: Update your resume with relevant academic and professional experiences.

Tips

Seek Feedback: Have mentors, peers, or professional editors review your SOP. Multiple revisions will ensure it’s polished. Our expert counselors will help you highlight your academic and professional achievements and frame persuasive documents.
Organize Documents: Create a checklist of all required documents to ensure nothing is overlooked.
Be Authentic: Your SOP should reflect your genuine interests and aspirations.

3. University Selection

What to Do

Research Universities: Look into universities that offer your desired program. Consider factors like faculty, research opportunities, campus facilities, location, and financial aid. Click here to find out more about our Admission Counseling services.
Attend Webinars and Info Sessions: Many universities host online sessions for prospective students. Participate in these to get a better understanding of what they are offering for Fall 2025.
Connect with Alumni: Reach out to alumni through LinkedIn or university forums to get insider perspectives.

Tips

Create a Shortlist: Narrow down your list to about 5-8 universities that align best with your goals.
Consider Safe, Match, and Reach Schools: Ensure your list includes a mix of universities where you are likely to get admitted (safe), have a good chance (match), and dream schools (reach).

4. Application Process

What to Do

Complete Online Applications: Fill out application forms for your chosen universities. Ensure all sections are completed accurately. You can also get guidance from our expert staff, who will help fill out the complex university application forms for Fall 2025 and resolve all documentation-related doubts.
Submit Required Documents: Upload your SOP, recommendation letters, resume, transcripts, and test scores.
Pay Application Fees: Each application usually requires a fee—budget for these expenses.

Tips

Track Deadlines: Use a planner or digital calendar to track each university’s application deadlines.
Proofread Everything: Double-check all your application materials for errors or omissions.
Stay Organized: Keep copies of all submitted documents and confirmation receipts.

Things to do between February 2025 – June 2025:

1. Accepting Admits and Getting the I-20

What to Do

Evaluate Offers: Consider factors such as tuition cost, living cost, and financial aid (if any) when deciding which offer to accept.
Submit Acceptance: Notify the university of your decision to accept their offer. Some universities may demand a Bank certificate equivalent to the total cost of 1-year.
Obtain an I-20 Form: Once you accept an offer, the university will send you an I-20 form necessary for your visa application.

Tips

Compare Financial Aid Packages: Ensure you understand the terms and conditions of any financial aid or scholarships offered.
Respond Promptly: Adhere to the acceptance deadlines provided by the universities.

2. Visa Application

What to Do

Pay SEVIS Fee: Before applying for a visa, pay the SEVIS fee online.
Schedule Visa Interview: Attend the Visa workshop for parents and students conducted by Dilip Oak’s Academy and book your appointment at the US embassy or consulate in your country.
Prepare for the Interview: Gather necessary documents, including your I-20, acceptance letter, financial proof, and passport.

Tips

Practice Interview Questions: Familiarize yourself with common visa interview questions and practice your responses by attending the mock visa interview by Mr. Dilip Oak.
Dress Professionally: First impressions matter, so dress appropriately for your interview.
Be Honest: Answer all questions truthfully and confidently.

Things you need to between July 2025 – August 2025:

Travel to the US

What to Do

Book Your Flight: Once your visa is approved, book your flight to the US.
Arrange Accommodation: Look for on-campus housing or off-campus options. Start this process early to secure a place that suits your needs.
Pack Essentials: Make a checklist of important items to pack, including documents, clothing, and other personal necessities.

Tips

Attend Pre-Departure Orientation: The Pre-departure orientation by Dilip Oak’s Academy for Fall 2025 will give you numerous tips to help you prepare for life in the US.
Connect with Other Students: During the pre-departure orientation, connect with students from the same university. Also, join social media groups or forums to meet fellow students and share tips.
Learn About Your Destination: Familiarize yourself with the area, climate, and local culture of your university’s location.

Embarking on your journey to pursue a Master’s degree in the US is an exciting adventure. You can download a FREE Fall Intake: Admission Process Timeline to stay organized.

As India’s leading study abroad consultant, Dilip Oak’s Academy offers a comprehensive suite of admission counseling services that can guide you through the entire process from Shortlisting Universities to Visa Counseling. With our expertise, we have successfully sent 32,000 students to various prestigious American universities like MIT, Stanford, Cornell, and Carnegie Mellon. We also offer classroom and online coaching for GRE, TOEFL, and IELTS, as well as GRE Self Prep. Book a free consultation or call us at 91-20-67444222 to explore our services.

Successful 27th Annual Pre-Departure Orientation for Indian Students joining Master Degree in the US for Fall 2024

June 27, 2024September 5, 2024Dilip Oak's Academy

On June 16th, 2024, Dilip Oak’s Academy, in association with HDFC Credila, hosted its annual Pre-Departure Orientation for students joining US universities for master’s degrees in August 2024 (Fall semester). This long-standing tradition, held since 1998, took place at Siddhi Banquet Hall, Pune and attracted around 1100 students and parents, making it one of the largest events of its kind in India.

Distinguished Guests and Key Insights

The event was graced by esteemed guests Dr. David Alexander, Dean of the College of Engineering and Computer Science, Ms. Tasha Alexander, Director of International Student Services, both from California State University, Chico, and Ms. Sarika Oak, Senior Director, Udemy Inc., San Francisco. Their presence added significant value to the orientation, providing students firsthand insights into American campus life.

Mr. Dilip Oak explained that there are currently many job openings in the fields of engineering, architecture, and finance. It is a fact that, at present, job opportunities in computer science are very limited. But hopefully, the situation will change after January 2025. There will be more opportunities for the latest technologies like artificial intelligence, machine learning, deep learning, cybersecurity etc. He also provided crucial information on pre-travel preparations, including medical checks, insurance, immunization, and foreign exchange regulations.

Practical Advice and Encouragement

Sarika Oak shed light on campus life, accommodation, and job opportunities after graduation. She added that students should be proactive and make the most of every opportunity as that would make them well-rounded and work-ready. She emphasized the importance of building relationships beyond the Indian community to land internships and jobs. Her advice about on-campus employment and paid internships during Curriculum Practical Training (CPT) was a game-changer for those worried about repaying student loans.

Dr. David Alexander said there will be job opportunities starting in January 2025. However, jobs will be available to those students who excel academically and can crack 5-6 rounds of interviews. He also recommended that students stay informed of the changing trends and learn newer technologies.

Celebrating Our Achievers

A special highlight of the Pre-Departure Orientation 2024 was the felicitation of our students who achieved exceptional GRE scores and secured admits to prestigious universities. These accomplished students will join top-tier institutions such as Carnegie Mellon University, Columbia University, Georgia Institute of Technology, University of California, Berkley and Purdue University. Their fields of study are as diverse as their talents, ranging from Computer Science, Data Science, Cyber Security Management Information Systems and various engineering fields. We are incredibly proud of their achievements and confident that they will continue to excel in their chosen paths, contributing to the global community with their expertise and dedication.

Read this blog to know more about getting an internship during your MS program.

Real Stories, Real Impact

The program left a lasting impression on both students and parents.

Pradeep Kulkarni said this session resolved his doubts and concerns as a parent, thus reassuring him about the investment in his child’s education, thanks to the positive job prospects in America. He also praised the comprehensive guidance, which covered everything from settling into university life to finding housing and securing jobs.

Khushi Shah, an academy student, shared her seamless experience with the Academy’s support in university selection, Statement of Purpose drafting, and visa interview preparation. Her efforts, guided by Mr. Oak, led to her securing admission to all the universities she applied to.

Shivendra Bhonsle, our online GRE coaching and counseling student, expressed gratitude for the support and guidance he received that helped him achieve his dream. Moreover, the pre-departure event addressed all his doubts and eased his parent’s concerns about safety, job opportunities, and accommodations.

Akanksha Bharambe said that the Academy’s efforts were crucial in securing her admission to the University of Illinois Urbana-Champaign. The application process was seamless for her, especially the mock visa interview conducted by Mr. Oak, which boosted her confidence.

Wrapping Up

The Pre-Departure Orientation 2024 was a great success, equipping students and parents with essential knowledge and boosting their confidence as they prepare for their academic journey in the US. With over 26 years of experience, Dilip Oak’s Academy continues to guide students through their higher education journey in America.

As India’s leading Study Abroad Consultant, Dilip Oak’s Academy offers a comprehensive suite of admission counseling services that can guide you through the entire process from Shortlisting Universities to Visa Counseling. With our expertise, we have successfully sent 32,000 students to various prestigious American universities like MIT, Stanford, Cornell, and Carnegie Mellon. We also offer classroom and online coaching for GRE, TOEFL, and IELTS, as well as GRE Self Prep. To explore our services, book a free consultation or call us at 91-20-67444222.

Opportunities for a Master’s Degree in America

June 6, 2024September 5, 2024Dilip Oak's Academy

Pursuing Master's Degree in America: Free seminar

Are you dreaming of pursuing a master’s degree in the United States? The journey from aspiration to achievement begins with the right guidance and information. Whether you’re aiming to study in the land of opportunity or just curious about what it takes, our upcoming FREE seminar will cover everything you need to know about pursuing a master’s degree in America.

Job Opportunities

The USA offers countless job opportunities across various industries. From tech and finance to healthcare and engineering, there’s a booming market for skilled professionals. Our seminar will explore current economic trends and highlight the hottest job sectors. Knowing where the opportunities lie can give you a head start in your career planning.

Work Permit and Green Card Formalities

One of the critical aspects of studying and working in the U.S. is understanding the visa and immigration process. Our seminar will provide a detailed overview of the work permit (OPT and CPT) and Green Card. Understanding these formalities is crucial, and we’ll make it as straightforward as possible.

Don’t miss this invaluable opportunity to get a head start on your dream. Register Now for the FREE seminar.

Funding Your Education

Financing your education is often one of the most daunting aspects of studying abroad. However, plenty of scholarships, grants, and assistantships are available to international students. Our seminar will provide insights into various funding options and offer tips on managing your finances while studying. Understanding your funding options can ease your financial burden and allow you to focus on your studies.

Prerequisite Examinations

Most U.S. universities require international students to take standardized tests as part of their application process. These may include the GRE, TOEFL, or IELTS. We will break down the importance of these exams, what scores you should aim for, and how to prepare effectively.

Application Timeline

Timing is everything when it comes to applying for a master’s degree in America. Our seminar will provide a detailed application timeline, starting from selecting universities to submitting your application and beyond. We will discuss the importance of building a strong application profile, including letters of recommendation, personal statements, and resumes.

Why Attend Our Seminar?

This seminar is designed to equip you with the knowledge and tools you need to succeed in your pursuit of a master’s degree in the United States. You will be able to interact with experts, ask questions, and gain insights that are not readily available online.

Register now for our FREE seminar and take the first step towards a brighter future. Seats are limited, so make sure to secure your spot today!

Date: 16th June, 2024
Time:
11:00 am (English & Marathi)
6:30 pm (English)
Venue: Siddhi Banquet Hall
D.P. Road, Near Mhatre Bridge, Erandwane, Pune 411004
Fields: The seminar is open to students from all engineering fields, computer science and related fields, architecture, and finance.

We look forward to helping you turn your dreams into reality. See you there!

As India’s leading Study Abroad Consultant, Dilip Oak’s Academy offers a comprehensive suite of admission counseling services that can guide you through the entire process from Shortlisting Universities to Visa Counseling. With our expertise, we have successfully sent 32,000 students to various prestigious American universities like MIT, Stanford, Cornell, and Carnegie Mellon. We also offer classroom and online coaching for GRE, TOEFL, and IELTS, as well as GRE Self Prep. To explore our services, book a free consultation or call us at 91-20-67444222.

The Ultimate Guide to Getting an Internship During Your US Master’s Program: CPT, Legalities, Tips & More

March 27, 2024September 5, 2024Dilip Oak's Academy

Getting an Internship during your USA Master's Program

Are you a student pursuing a Master’s degree in the USA? Are you eager to gain practical experience and boost your career prospects with an internship? Look no further! Here’s everything you need to know about securing an internship during your USA Master’s program!

Understanding CPT (Curriculum Practical Training)

If you’re enrolled in a Master’s program, you’re eligible for CPT, which allows you to work in a position related to your field of study. To qualify, you need to have a valid F-1 immigration status for at least two full-time semesters (equivalent to one academic year). CPT lets you work in a job related to your field of study for up to 364 days.

Why Go for Internships?

Internships aren’t just about making coffee runs, and they offer much more than just workplace experience – they provide invaluable insights into American work culture and help you build a strong foundation for your future career. Typically lasting 10 to 12 weeks during summer breaks (generally from 15th May to 15th August), internships offer opportunities to apply classroom learning to real-world scenarios. Some universities even allow extensions for up to 20 weeks (i.e., for the entire third semester), providing extended hands-on experience. In very rare cases, students can do an Internships during the USA Master’s Program for the full term of 364 days.

The Legal Stuff

Before you jump into an internship, it’s essential to understand the legal requirements. To be eligible for an internship, you must obtain CPT work authorization, which allows off-campus employment for international students (F-1 visa holders) pursuing study programs in the USA and wanting to gain experience in their fields of study. Keep in mind that CPT is not available once you’ve completed your degree program.

Still studying for your GRE? Explore our numerous blogs on GRE Quantitative Reasoning and GRE Verbal Reasoning.

How to Secure an Internship during your USA Master’s Program?

Here are some simple yet effective tips to help you land your dream internship:

Polish Your Resume:

Outline your major responsibilities within your previous professional work experience. Include action words (such as facilitated, led, managed, maintained, operated, recommended, etc.) that highlight your skills.
List relevant courses or projects you have worked on.
List your extracurricular activities or volunteer experience.
Keep the formatting simple and clean.

Tap into Your University’s Resources:

Every university has a career center or an internship coordinator for co-op and internship programs. Approach them to apply to the positions that interest you. Generally, every university also has a career center website showing internship opportunities in various corporations. Students are advised to visit this website regularly for updated listings and resources.

Explore Online Platforms:

Use job boards like LinkedIn, Monster, Indeed, and Glassdoor to search for internships in your field of interest. Create profiles and set up job alerts to stay informed about new opportunities. You can also use online forums like Glassdoor to look at the interview questions asked in companies that interest you.

Network, Network, Network:

Request Referrals within Your Network: Connect with individuals in your network within the US and inquire if they are acquainted with employees at companies you are interested in. Internal referrals from existing employees can significantly increase the likelihood of your resume being considered for an interview.
Career Fairs: Universities typically host career fairs each semester, providing an excellent opportunity to engage with potential employers and alumni. These events offer insights into industry hiring trends, facilitate networking, and present internship prospects.
Information Sessions and Tech Talks: Universities often arrange information sessions and tech talks featuring various companies, especially during career fairs. These sessions allow current employees, often university alumni, to share insights about their companies and potential opportunities. Prepare a targeted resume to distribute and ask insightful questions beyond what’s available on the company’s website.

Ready to Take the Next Step?

Don’t wait for opportunities to come to you – take action now! Update your resume, reach out to your network, and start exploring internship options today. Whether you are aiming for a summer internship during your USA Master’s Program or seeking opportunities during the academic year, now is the time to kickstart your career journey.

As India’s leading Study Abroad Consultant, Dilip Oak’s Academy offers a comprehensive suite of admission counseling services that can guide you through the entire process from Shortlisting Universities to Visa Counseling. With our expertise, we have successfully sent 32,000 students to various prestigious American universities like MIT, Stanford, Cornell, and Carnegie Mellon. We also offer classroom and online coaching for GRE, TOEFL, and IELTS, as well as GRE Self Prep. To explore our services, book a free consultation or call us at 91-20-67444222.

The Ultimate Master’s Program Application Guide: Expert Tips for Spring 2025

February 29, 2024September 5, 2024Dilip Oak's Academy

Missed the Fall 2024 application deadlines? Not sure what to do next? You’re in the right place! While Fall semester applications are more common, Spring 2025 semester admissions are equally feasible and offer ample opportunities, and we’re here to guide you through the application process. Let’s break it down step by step.

Why Apply for Spring 2025?

Opting for the Spring semester doesn’t just offer flexibility; it unlocks doors to a range of academic opportunities. Numerous universities offer admissions for both Fall and Spring semesters, allowing students to select the timeline that perfectly fits their needs. Choosing Spring 2025 isn’t just about avoiding a year-long wait due to a missed Fall deadline; it’s about seizing the chance to align your academic aspirations with your preferred start date, ensuring a smooth transition into your Master’s program.

Application Timeline

To help you navigate the application process smoothly, let’s break down the timeline:

Pre-requisite Tests: February-June 2024

Before diving into the application process, it’s essential to complete the necessary tests:

GRE and TOEFL/IELTS:

Aim to complete these exams by June 30, 2024. You can explore the comprehensive study options at Dilip Oak’s Academy here: GRE Classroom Coaching, TOEFL Classroom Coaching, and IELTS Classroom Coaching.

Gather Necessary Documents: June-July 2024

Assemble the required documents for your applications:

Statement of Purpose (SOP):

The SOP is a crucial document that offers insight into not only your reasons for choosing the course and university, but also your personality, field experience, and long-term goals. It should be concise, compelling, grammatically correct, and technically sound, spanning approximately 500 to 800 words.

Transcripts:

Obtain official transcripts from your previous institutions. Apply for transcripts well in advance, as some colleges or universities may require more time to process them.

Recommendation Letters:

Recommendation letters are critical documents that vouch for your qualities, background, and achievements as a candidate for the master’s programs. Virtually every university requires applicants to submit three recommendation letters. Choose your recommenders (college professors, project guides, or employers) carefully as these letters are meant to provide a comprehensive view of your suitability for the academic program.

Selection of Universities for Final Application: July-September 2024

Once you’ve completed your tests, it’s time to research and shortlist universities. Consider the following factors:

Specializations:

Not every university provides all specializations. To identify the right fit, explore each university’s course structure, programs, and research areas of professors, aligning them with your academic interests and career goals.

GRE Score:

Usually, universities don’t specify the minimum required score for applications. The score needed varies based on the university’s rank and reputation, information that’s often not available on their website. To gauge the score required, you can refer to the database of previous students admitted to these universities. Dilip Oak’s Academy maintains an extensive database of over 32,000 students who enrolled in various American universities since 1996, including those universities that offer a GRE waiver post COVID. Thus, our extensive database can help you gauge the scores accepted by various institutions.

TOEFL/IELTS Score:

Students must achieve the minimum qualifying score set by the university. Typically, most universities require a TOEFL score of 80, but some may ask for a higher score, up to 100. Similarly, for IELTS, a band score of 6.5 is commonly required, although some universities may seek a higher band, up to 7.5.

Academic Record:

Your academic record from your bachelor’s degree plays an important role in the application process. A strong year-wise GPA is necessary for admission to reputable universities. It’s advisable for students to avoid backlogs or year gaps.

Co-curricular Activities:

Projects, internships, paper presentations, publications, and seminar participations will strengthen your profile, increasing your chances of acceptance into better universities.

Budget:

Tuition fees and living expenses vary among universities, with state universities generally being more affordable than private ones. Students should carefully consider their financial situation when selecting universities. Additionally, students can explore education loans offered by various financial institutions to help cover costs.

Sending applications to universities: July-September 2024

Select 6 to 8 Universities:

Based on the abovementioned criteria, narrow down your choices to 6 to 8 universities for your final applications.

Complete Online Applications:

Make sure to finish the online application process before the university’s specified deadlines. Some institutions may require additional documents via courier alongside the online submission.

Forward Test Scores:

Request ETS to send your GRE and TOEFL scores to the selected universities (scores typically take a minimum of 2 weeks to arrive). The additional score reporting fee for GRE is $27 and TOEFL is $25.

After Sending Applications: Await Decisions and Prepare for Visa

Admission Decisions:

Anticipate admission decisions around September/October 2024. Once you receive an offer, promptly accept it. You’re allowed to accept multiple admissions before finalizing your choice for visa application.

Obtain I-20:

Upon acceptance, fulfill the necessary documentation requirements. The university will then issue you the I-20, a crucial immigration document for obtaining a visa.

Prepare for Visa:

Verify the accuracy of the information on the I-20 and gather the required financial documentation to apply for your visa.

Visa Application Process:

Schedule a visa interview date upon receiving your I-20. You can apply for an F-1 visa (student visa) within 360 days from the course commencement date mentioned on the I-20 form. Once you secure the visa date, proceed with the interview and complete the remaining formalities leading up to your departure.

Ready to dive into your Master’s journey for Spring 2025? Step up your game by gearing up for your GRE and TOEFL/IELTS exams with us! Already aced those exams? Reach out today to kick start your application process with confidence!

As India’s leading Study Abroad Consultant, Dilip Oak’s Academy offers a comprehensive suite of admission counseling services that can guide you through the entire process from Shortlisting Universities to Visa Counseling. With our expertise, we have successfully sent 32,000 students to various prestigious American universities like MIT, Stanford, Cornell, and Carnegie Mellon. We also offer classroom and online coaching for GRE, TOEFL, and IELTS, as well as GRE Self Prep. To explore our services, book a free consultation or call us at 91-20-67444222.

Finance Your MS in the USA: Guide to Unlocking Your Educational Dream!

January 4, 2024January 4, 2024Dilip Oak's Academy

Finance Your MS in the US: Guide to Unlocking Your Dream!

An education loan covers the cost of tuition, living costs, insurance, and other incidentals. Given the wide variety of choices available today, finding the best deal to finance your MS in the US is possible. In fact, taking an education loan is a smart move, as you don’t need to break into your savings while taking advantage of tax benefits.

Eligibility

Students pursuing full-time higher education, graduate or postgraduate studies, and professional education, irrespective of age, can borrow the required funds to finance their MS in the US. Most loan providers require that students show proof of admission to the graduate or postgraduate program. However, some private institutions and cooperative banks sanction a loan even before getting admission.

Tax Benefits of Financing Your Education

People with sufficient funds are also advised to take a loan to finance their education since they get tax deductions under Sec 80E of the Income Tax Act. There is no limit for Section 80E exemption up to which you can claim the deduction. All interest paid in a financial year is tax deductible, regardless of the sum. The interest component of the education loan can be claimed under Section 80E just as deductions under Section 80C and Section 80D are claimed before arriving at your total income to calculate the tax liability. However, it is important to note that you can claim a tax deduction only for the interest portion. You cannot claim a tax deduction for the principal part of the EMI.

You will be eligible to claim a deduction under section 80E only if you take the loan from any bank/financial institution or any approved charitable institution. Loans from friends or relatives for higher education do not qualify for this deduction.

You will also be applying for your visa soon enough. Click here to know more about the F1 Visa Application Process.

Loan Amount and Repayment

I-20 or Admission Letter mentions the total cost of education for one year. Students can get a loan for up to double the amount mentioned on the I-20. Depending on the loan provider, there are slight variations regarding the application process, documentation, interest rates, guarantees, etc. Students are not expected to pay any EMI for the first two years. (Some loan providers may demand interest during these two years.) Generally, loan repayments begin one year after the end of your course or six months after you secure your first job, whichever is earlier. Most lenders also allow for additional time in case the student is unable to finish the course on schedule. Loan repayments are spread over 10-15 years to ensure that you are able to comfortably finance your MS in the US and include options for early repayment.

Rate of Interest and Margin Money

Most Nationalized banks and financial institutions offer fixed or floating interest rates in the range of 9-12%. Girls generally get a 0.5% concession from banks.

There is also the all-important factor of “margin money”! What this means is that most lenders will not loan you the entire cost of education – they also expect you to pay part of it. In other words, if, for example, your education cost is Rs. 40 lakhs in all, and there is a margin of 10%, then the bank will lend you Rs. 36 lakhs, and you will have to put up the remaining Rs. 4 lakhs. The idea is to ensure the loan seeker can bring money in and demonstrate responsibility. However, not all lending institutions insist on margin money; for example, loans from HDFC CREDILA do not need a margin.

Guarantors & Collateral

A guarantor is a third party (different from the applicant) who agrees to repay the loan if the borrower can’t. Besides this undertaking, lenders also request collateral in the form of fixed deposit receipts, property, or other security. They keep this collateral in their possession until you repay the loan. Banks or lenders do this to safeguard themselves against a bad debt. The lender may waive the guarantee if the borrower’s previous repayment track record or financial history is very sound.

If payments are defaulted on, i.e., not made on time, the loan contract has provisions for penalties/late payment fees. Besides, defaulters also risk being ‘redlisted’, which severely limits their future credit options. However, most bankers or institutions are receptive to negotiation and allow for extensions on payment tenure or reduction of EMIs in case of genuine difficulties.

So, look around and see your options! A good loan deal can be a big asset in helping you finance your dream of an American education.

As India’s leading Study Abroad Consultant, Dilip Oak’s Academy offers a comprehensive suite of services, including GRE, TOEFL, and IELTS coaching, as well as GRE Self Prep. Furthermore, our admission counseling services can guide you through the entire process from Shortlisting Universities to Visa Counseling. With our expertise, we have successfully sent 32,000 students to various prestigious American universities like MIT, Stanford, Cornell, and Carnegie Mellon. To enroll in our comprehensive overseas education consultancy services, book a free consultation or call us at 91-20-67444222.

Navigating Financial Aid: A Guide for Indian Students Pursuing Higher Education in the US

November 23, 2023April 1, 2024Dilip Oak's Academy

The dream of pursuing higher education in the esteemed universities of the United States often seems financially daunting. However, there’s a silver lining: a multitude of financial aid options are available to deserving students. For many Indian students, the costs have been significantly mitigated through the generous financial assistance programs offered by US universities.

Graduate School Fellowships

Fellowships are generally merit-based awards to support a student in a full-time course of study. The student is nominated by their graduate program. Generally, the awards are given to students admitted to Ph.D. programs in the department and, as a rule, exempt students from any specific duties. The students are expected to perform full-time research and may occasionally be required to perform teaching duties for a semester as a part of their program.

Assistantships

One of the primary avenues for financial assistance is through assistantship programs. Several universities award assistantships in the form of teaching and research assistantships to master’s and doctoral program students. These require awardees to perform certain services for a specified number of hours per week. The awards are usually for the current semester and may be extendable depending on the awarding requirements of the department and the funds available. Continuation also depends on the student’s maintaining a good academic record.

These include:

Research Assistantships (RA):

It provides opportunities to work on university research projects under the guidance of faculty. The selection may involve an interview/written exam to test your aptitude, knowledge and skills. Research assistants are not independent researchers and are not directly responsible for the outcome of the research.

Teaching Assistantships (TA):

It involves aiding faculty members in teaching (mostly elementary lab courses), conducting tutorial/problem-solving sessions or grading answer scripts. Depending on their competence and interest in the subject, teaching assistantships may also provide students opportunities to work outside their department in areas like Physics, Chemistry, and Mathematics. Many universities assess these through a test.

Both teaching and research assistantships require students to work up to 20 hours a week and carry a stipend and tuition waiver depending on the extent of the award (the full 20 hours or less). Generally, even a 10-hour job substantially reduces tuition and compensates for living expenses. The student’s performance in the duties assigned is closely monitored. The student is also required to maintain his academic performance in the graduate program and show good progress in his research work.

Graduate Assistantships (GA):

These are not specifically designated for teaching or research. Duties assigned to this category of graduate assistants may include assisting faculty with a variety of academic tasks, including but not limited to: providing technical support for courses taught by faculty; working on grant funded projects related to program development, evaluations, outreach, among others; gathering, organizing, and analyzing data for faculty. Graduate assistantships require students to work up to a maximum of 20 hours a week and carry a stipend.

Tuition Waivers

Universities often offer tuition waivers based on academic performance. These waivers can be full or partial, covering semester fees or specific credit charges. Some universities even extend in-state tuition benefits to international students, substantially reducing overall costs.

On-Campus Employment

Financial Assistance for Higher Education in the USA

International students on F-1 visas can engage in on-campus employment. These part-time roles, such as positions in cafeterias, libraries, or administrative offices, typically pay between $10 to $14 per hour, allowing a maximum of 20 hours per week.

Summer Internships

After completing two semesters of full-time education, students can pursue paid internships related to their field of study, aligning with their academic training. These internships fall under Curricular Practical Training (CPT) during the program. For example, if a student joins in the Fall semester (August), after completing Fall and Spring semester in the month of May, a student can work for three months, till August, in any organization outside the university. Many universities allow students to extend their internship in the third semester.

Scholarships offered by Indian Government

The Government of India (GOI) offers scholarships for advanced education to SC and ST students, and the Social Welfare Departments of respective state governments administer these. GOI also has a scheme of supporting higher education in areas where India lacks facilities for such education.

Private Trust Scholarships

Several private trusts, like Inlaks, Sakal India Foundation, J N Tata Trust, and K.C.Mahindra Scholarships, offer substantial amounts to students going to top-ranking universities. However, the trust may have certain specific criteria that the applicant must meet. The announcements for these scholarships appear in leading newspapers.

Conclusion

While the costs of education in American universities may seem prohibitive at first glance, a myriad of financial aid options exist for Indian students. From assistantships to scholarships and on-campus employment, these avenues help alleviate the financial burden, making the dream of studying in the US a tangible and achievable reality for many.

Remember, these opportunities are competitive and often require outstanding academic records or meeting specific criteria. Researching and understanding the various forms of financial aid can significantly bolster your chances of securing assistance for your academic journey in the United States.