Everyone once in their life wants to study abroad. The common places include the USA, the UK, Canada and Australia. Hence, increased Indian crowding. So, the students are looking for alternatives to study nation along with the funding schemes. One such country is New Zealand and of course, NZ scholarships for foreign students. It is also popular as an Australian sibling.
So, the top study abroad consultants in Hyderabad are keeping an eye on the changing trends. Hence, this article is a guide for aspirants wanting to go to NZ but facing money issues. The scholars are unwilling to take loans to opt for scholarships. In this article, you will know the types, and top 5 scholarships along with the common criterion to bag these grants.
Types of NZ Scholarships
The funds play a crucial role in securing a seat in the dream nation. Thus, the top study abroad consultants in Hyderabad are giving all the vital data related to it. Let’s begin with the types of funding schemes. Have a look!
Government-Funded Scholarships
The New Zealand government provides many scholarships to eligible foreign students. Also, these grants completely fund the studies. Yet, the students can take benefit of these funds to make their study abroad journey smooth and flawless.
University-Specific Scholarships
Many institutes that welcome Indian schoalrs provide grants and waivers. It is to encourage number of admissions in their nation and give a boost to economy. They have several eligibility criteria that aspiring scholars must meet.
Top 5 NZ Scholarships for Indian Students
After learning the types of scholarships in New Zealand, let us take a glance at the top five funding schemes for Indian students. The government provides some grants to encourage the scholars to seek admission in their land. On the other hand, social groups and charitable trusts run these schemes to support foreign studies.
New Zealand International Doctoral Research Scholarships (NZIDRS)
It is a government-funded scheme for Indian students. The NZIDRS provides full tuition fees and a living stipend for up to 36 months. It is for foreign students willing to pursue PhD study at a New Zealand university. Also, Education New Zealand administers these awards.
However, it covers tuition fees and other student levies for 3 years along with NZ$25,000 or NZ$2083.33 per month for 36 months. Moreover, it gives NZ $600 per year for medical insurance. If you are someone who wants to pursue a PhD in New Zealand, then Hyderabad experts will help you in securing this grant to make your dream easier.
New Zealand Commonwealth Scholarships
It is a funding scheme by the Ministry of Foreign Affairs and Trade, NZ government. It is in partnership with the Ministry of Human Resource Development, Indian government. However, it covers most of the expenses of the aspirants looking to pursue master’s or PhD from reputed New Zealand institutes.
New Zealand Excellence Awards (NZEA)
One of the popular NZ Scholarships is the Excellence awards for Indian students. It is a joint venture by Education New Zealand and the top 8 NZ institutes. In the years 2023-24, eligible Indian scholars got NZ$ 320,000. This was for those who were ready to immerse themselves in a multicultural society.
SEG Scholarship
Many NZ scholarships are programs run to bridge the career gap. One such is the SEG scholarship. It is for students who want to study geophysics and geosciences in New Zealand. Also, Soshi Educational Group (SEG) run this scheme across Japan, Australia and New Zealand.
Palmerston North City Mayor’s Goodwill Ambassador Scholarship (MGAS)
It is run by the City Council of Palmerston North. However, it is used to promote Palmerston North as a venue of study for foreign students. Also, the council gives these funds to promote events/activities by overseas scholars in Palmerston North. It is valid for courses that are career-based/vocational, UG, and PG.
Eligibility Criteria to Avail the Scholarships
The criteria to avail of the scholarships differ by the type and the funding body. However, the common factor in bagging these funds is a good academic score along with admission to prestigious institutes. Also, the destination, subject and level also affect the NZ scholarships amounts. Moreover, in some schemes, extracurricular activities and volunteering are valid factors.
In addition to this, some funds are exclusive to various nationalities. All the above funding schemes are for Indian students. In this section, you get to know the common factors on the basis of which an aspirant becomes eligible.
Conclusion
In conclusion, you have learnt about the New Zealand scholarship for Indian students by Hyderabad experts. If you are a study abroad aspirant, then you can contact Gradding.com where the team will help you in every step. Also, they will guide you whenever you need them or feel lost. They will not leave any stone unturned in order to see you successful. Most of their services are free of cost which does not strain your pocket. Also, your study abroad budget does not get imbalanced.
