research assistantship

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

Dilip 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.

Assistantships: A Pathway to Affordability

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:

  • Teaching Assistantships (TA): Involving 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.
  • Research Assistantships (RA): Providing 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.

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.

Tuition Waivers: Easing Financial Load Based on Performance

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.

Graduate School Fellowships: Recognizing Excellence

These are offered only to outstanding students. 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.

On-Campus Employment: Balancing Work and Studies

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.

Internships: Blending Academia with Practical Experience

After completing two semesters of full-time education, students can pursue internships related to their field of study, aligning with their academic training. These internships fall under Curricular Practical Training during the program, governed by US Citizenship and Immigration Service (USCIS) regulations.

Indian Government and Private Trust Scholarships: Seeking External Support

Researching and finding information about scholarships offered by the Indian Government and other trusts can be useful. 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.

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. (There are also the Cambridge Trusts if you want to apply to Cambridge). However, the trust may have certain specific criteria that the applicant must meet. The announcements for these scholarships appear in leading newspapers.

Education Loans: Banking on Future Success

Banks in India provide education loans with competitive interest rates, offering financial assistance for the total cost of education aiding students in fulfilling their academic aspirations. The rate of interest varies between 9% to 13%. For more information, please read our dedicated blog post on education loans.

Conclusion: A Feasible Path Ahead

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.

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 91-020-67444222.

It’s not too late to apply for fall 2023

Dilip Oak's Academy

The United States is without a question every student’s first choice when thinking about studying abroad for master’s. To convert this dream into reality, many of you may have already started with your applications for the fall 2023 intake. Most universities began accepting applications in October. You might be thinking that it’s too late to apply for the fall of 2023 now that January has arrived. The good news for you, It’s not too late!

Let’s delve deeper into this topic.

  • Roughly 10% of the universities had their final deadlines on 31 December
  • Around 10% have their final deadlines on 31 Jan.
  • However, the majority (about 80%) of universities allow you to apply till March and some of them even accept applications till May.

Which means that you can still secure an admission in a good university even if you start with your applications now!

Why Fall 2023

Fall intake is usually the most preferred among Indian students and for good reasons

  • Fall intake offers a more diverse range of courses
  • Fall intake allows students a better access to funding
  • Many universities have waived of GRE requirement for Fall 2023
  • It also allows students to explore part-time on-campus job opportunities such as research assistant and teaching assistant
  • Probably the most important reason for the popularity of fall admissions is the higher availability of post-study work options for students who start their studies during fall

You must move quickly

Although most universities will still be accepting applications till march, you need to consider time required for documentation and university shortlisting. Documentation includes procuring transcripts, drafting SOPs, personal statements, diversity statements LORs and resumes. University shortlisting involves lot of research to select right universities according to your profile and interests. You also need to move quickly because even after securing an admission, securing a visa can be equally tedious considering you are already on a tight timeline.

We are here to help you

We at Dilip Oak’s academy are here to help you.

  • We are the best when it comes to admissions counselling. We will provide you with a well-balanced list of universities with safe as well as ambitious options, thus increasing your chances of admission.
  • We offer counselling for SOPs (statement of purpose), LORs (letters of recommendations) and resumes and help you prepare everything from personal statements to diversity statements
  • We also provide guidance for visa along with mock visa interviews

Dilip Oak’s academy can be your perfect guide into this often confusing admission process. We have been in this business since 1996 and we have more than 30,000 success stories to attest to our expertise in this field. Our counselors are experienced professionals who interact with every student personally to understand his/her unique requirements and provide guidance accordingly.

Best Wishes and Happy applying!!

As India’s leading Study Abroad Consultants, we offer GRE, TOEFL, and IELTS coaching, GRE Self Prep and guide students with university selection, application essays, and visa counseling under our Admission Counseling Services for USA, Germany and UK.

Things to do before applying for a Ph.D. program in the USA 

Dilip Oak's Academy

Along with bachelor’s and master’s degrees, a lot of international students are now pursuing Ph.Ds. at American universities because the programs are comprehensive and structured, and encourage a lot of independent research.  Apart from world-class facilities, well-equipped research labs, and qualified professors, American universities also offer funding opportunities to deserving candidates which makes it easier for international students to pursue Ph.D. in America. 

To pursue a Ph.D. program in any American university, students must have a minimum of 16 years of education, which means, they must have completed their bachelor’s degree at the least. Students can also apply for a combined program for MS and Ph.D. In order to qualify for a Ph.D. students should have a high score in the GRE (320+) and sometimes, in the subject GRE along with a GPA of 8.5 or above in their undergraduate program. If the master’s has been done from the USA, the GPA has to be 3.5 and above.

However, below are a few things you need to keep in mind and start preparing well in advance if you are planning to pursue a Ph.D. in a top American university: 

  • Choose your research topic well in advance: Narrowing down your research topic in advance will help you a great deal in making an informed decision. Study the topics, and see which topic would be viable for a Ph.D. project. Choose your program accordingly.
  • Research your Ph.D. guide: When it comes to a Ph.D., a good research guide is far more important than a good university. Hence, study the research work performed by professors from various universities, get in touch with them, and see if you can get approval from them for supervising your work. For Ph.D. programs, it is always beneficial to first narrow down the right research guide and then finalize the university.
  • Lookout for funding opportunities: Pursuing a Ph.D. in America can be very expensive and hence it is recommended to first look at universities that offer funding opportunities, scholarships, and research/ teaching assistantships and make your Ph.D. tuition affordable.
  • Finalize the universities: Once you decide your research topic, supervisor, and funding opportunities, shortlist your universities and start the application process.

University Selection for MS in US!

Dilip Oak's Academy10 Comments

choosing right universities

We present you the definitive guide to University Selection for MS in US. One of the most difficult and important parts of the whole process of applying to American universities is deciding which ones to apply to. And considering the large number of good universities and the wide variety of courses available, selecting the right universities is a difficult exercise. So, here are a few pointers to help you on your way.

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MS in US: Kinds of Financial Assistance Given by American Universities

Dilip Oak's Academy

Financial Aid

Are you worried about how to pay for the cost of education in an American university? Well, take heart, the costs need not be as high as you think. Over the years thousands of middle class (and even economically disadvantaged) students from India have managed to pursue Master’s and doctoral programs in American universities. The only reason why so many of them have managed to do so when the cost of higher education in American university can range from 20 to 40 lakhs is the generous financial aid given to students by American universities. With such financial assistance, which is given in a variety of fields, the cost can come down to 15 lakhs or even less!

Of course, such assistance is not guaranteed: first, you have to show that you are an academically excellent student. But, it you do so, you stand a good chance of being awarded one of the many kinds of financial aid that are available. Below is an explanation of some of the forms of aid that American universities give to their students.

 

Assistantships

Several universities award assistantships in the form of teaching and research assistantships to masters and doctoral program students. These require awardees to perform certain services for a specified number of hours in a week. The awards are usually for the current semester and may be extendable depending on awarding requirements of the department and the funds available with it. Continuation also depends on the student’s maintaining a good academic record.

Continue reading →