• About Us
    • Fact Checking Policy
    • Ownership & funding information
    • Volunteer
  • Subscribe
  • Letter submission
    • Submissions Policy
  • Contact Us
The Online Citizen Asia
  • Opinion
    • Editorial
    • Commentaries
    • Letters
    • Comments
  • Current Affairs
    • Singapore
    • Malaysia
    • Indonesia
    • China
    • ASEAN
    • Asia
    • International
  • Finance
    • Economics
    • Labour
    • Property
    • Business
  • Community
    • Arts & Culture
    • Consumer Watch
    • NGO
    • Lifestyle
    • Travel
  • Politics
    • Civil Society
    • Parliament
    • Transport
    • Education
    • Environment
    • Health
    • Housing
  • Law & Order
    • Legislation
    • Court Cases
No Result
View All Result
  • Opinion
    • Editorial
    • Commentaries
    • Letters
    • Comments
  • Current Affairs
    • Singapore
    • Malaysia
    • Indonesia
    • China
    • ASEAN
    • Asia
    • International
  • Finance
    • Economics
    • Labour
    • Property
    • Business
  • Community
    • Arts & Culture
    • Consumer Watch
    • NGO
    • Lifestyle
    • Travel
  • Politics
    • Civil Society
    • Parliament
    • Transport
    • Education
    • Environment
    • Health
    • Housing
  • Law & Order
    • Legislation
    • Court Cases
No Result
View All Result
The Online Citizen Asia
No Result
View All Result

Start University on the right foot: Four things to consider after receiving your admissions letter

by onlinecitizen
12/04/2019
in Education
Reading Time: 4 mins read
0

Smart confident Happy young Asian student in university, Female college student reading book in the green park (Photo by Have a nice day Photo from Shutterstock.com).

by ValueChampion

Getting a university acceptance letter can be elating. It marks the beginning of a new chapter for these students. What should parents and students do once this accomplishment occurs?

During this time of the year, students are receiving their university admissions and deciding which university they will attend in the coming academic year. It’s an exciting time given the high expectations that come with pursuing further education. For example, these degrees can greatly increase the earning potential of future graduates.

In this article, we provide some tips for these students and their families to help simplify this process.

Consider All of Your Options

Once you’ve heard back from each school on your list, it is important to compare all of your options. It can be helpful to create a spreadsheet that includes the universities you’ve been accepted into, academic programme, the academic programme’s cost, and some notes about potential career outcomes.

Seeing all of your options outlined can help make the comparison and selection processes easier to handle. For example, it allows you to visually rank each of your options by factors that are most relevant to your decision, such as cost, location, or programme specialty.

Plan for the Financial Burden

In your acceptance materials, there should be some documentation explaining the cost of attending university, including your financial aid package if applicable. While attending university can be a great investment in one’s future, the upfront cost can be significant.

In Singapore, tuition fees for polytechnics & local universities increased by 6.8% faster than inflation from 2013 to 2017. Still, the cost of tuition for Singaporean students at local universities is a fraction of the tuition in other countries. In particular, the cost of obtaining a university education is especially high in the United States and the United Kingdom.

It is important to understand the total cost of attending each university on your list. For example, unless you plan to live at home, you will have to consider the cost of room and board. Also, students studying overseas will have to budget for flights and other travel-related expenses. You’ll also have to factor in the cost of textbooks, a laptop and other education-related expenses.

Consider Ways to Make University More Affordable

Many students will not be able to pay the sticker price of a university education. Luckily, there are many ways to reduce the total cost of obtaining a degree. First of all, there are many scholarships available in Singapore and abroad. Even if you were not offered a scholarship as part of your admissions offer letter, you may be able to find one through the university.

At some universities in Singapore, it is possible for students to apply for “short-term” scholarships once they’ve matriculated. These scholarships can offer up to about S$15,000, a sizable sum for those seeking to make their education more affordable.

It is also common for outside organisations to offer scholarships once you’ve been admitted. Therefore, it is best to enquire through each school’s admissions or financial aid department about potential scholarship opportunities.

It may also be possible to find part-time employment at or near your university in order to offset the cost of tuition and living expenses. However, it is important to understand the time commitment of a part-time job, as it would be unwise to agree to a position that interferes with your academics.

Not All Student Loans are Created Equal, So Choose Wisely

For those that are not able to rely on a scholarship or financial support from their families, education loans are a good way to finance a university education. However, the cost of education loans varies greatly by the lender, making it crucial to compare interest rates before applying.

The best education loans can save you thousands of dollars compared to the average offering. It is also important to note that some lenders offer loans that are particularly attractive for those studying internationally. This highlights the importance of comparing the best loan offerings available in order to minimise the total cost of your degree.

Finding the Right Fit

Each student and family’s preferences will affect how they choose between offers from various universities. From academic specialties to the location to cost, there are a number of factors to carefully consider. Furthermore, while the cost of tuition is rising globally, there are a number of ways students of all financial backgrounds can make their education attainable.

This was first published at Value Champion’s website, “Start University on the Right Foot: 4 Things to Consider After Receiving Your Admissions Letter“.

For just US$7.50 a month, sign up as a subscriber on The Online Citizen Asia (and enjoy ads-free experience on our site) to support our mission to transform TOC into an alternative mainstream press.

Related Posts

2024 Olympic torch relay to start in Marseille
AFP

2024 Olympic torch relay to start in Marseille

03/02/2023
India’s Adani shares plunge again after stock sale cancelled
AFP

India’s Adani denies rise due to Modi as shares fall again

03/02/2023
TotalEnergies says Adani exposure ‘limited’ at US$3.1 bn
AFP

TotalEnergies says Adani exposure ‘limited’ at US$3.1 bn

03/02/2023
India’s finance minister says markets ‘well regulated’ after Adani storm
AFP

India’s finance minister says markets ‘well regulated’ after Adani storm

03/02/2023
A man can be sentenced to death by a testimony of another, but CPIB finds it hard to prosecute with mountain of evidence and self-confession?
Opinion

A man can be sentenced to death by a testimony of another, but CPIB finds it hard to prosecute with mountain of evidence and self-confession?

03/02/2023
AFP

Myanmar junta imposes tough new measures on resistance strongholds

03/02/2023
Subscribe
Connect withD
Login
I allow to create an account
When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you'll be logged-in to this account.
DisagreeAgree
Notify of
Connect withD
I allow to create an account
When you login first time using a Social Login button, we collect your account public profile information shared by Social Login provider, based on your privacy settings. We also get your email address to automatically create an account for you in our website. Once your account is created, you'll be logged-in to this account.
DisagreeAgree
0 Comments
Inline Feedbacks
View all comments

Latest posts

2024 Olympic torch relay to start in Marseille

2024 Olympic torch relay to start in Marseille

03/02/2023
India’s Adani shares plunge again after stock sale cancelled

India’s Adani denies rise due to Modi as shares fall again

03/02/2023
TotalEnergies says Adani exposure ‘limited’ at US$3.1 bn

TotalEnergies says Adani exposure ‘limited’ at US$3.1 bn

03/02/2023
India’s finance minister says markets ‘well regulated’ after Adani storm

India’s finance minister says markets ‘well regulated’ after Adani storm

03/02/2023
A man can be sentenced to death by a testimony of another, but CPIB finds it hard to prosecute with mountain of evidence and self-confession?

A man can be sentenced to death by a testimony of another, but CPIB finds it hard to prosecute with mountain of evidence and self-confession?

03/02/2023

Myanmar junta imposes tough new measures on resistance strongholds

03/02/2023
Malaysia High Court dismissed DPM Zahid’s application to get passport returned permanently

Malaysia High Court dismissed DPM Zahid’s application to get passport returned permanently

03/02/2023
Why is Gautam Adani’s Indian empire in turmoil?

Adani turmoil a key test for Modi’s India Inc

03/02/2023

Trending posts

Former Singaporean shares change of life in Australia with annual pay of S$80,000 as a plumber

Former Singaporean shares change of life in Australia with annual pay of S$80,000 as a plumber

by Yee Loon
30/01/2023
25

...

Earning only S$400 a month, delivery-rider turned hawker threw in the towel after two years of running a rojak stall

Earning only S$400 a month, delivery-rider turned hawker threw in the towel after two years of running a rojak stall

by Yee Loon
26/01/2023
24

...

They have done a fine job of confusing us about the jobs situation

They have done a fine job of confusing us about the jobs situation

by Augustine Low
01/02/2023
42

...

Two Indian nationals paid about S$330 and S$730 respectively for forged certificates submitted in their S-Pass application

MOM found issuing EPs meant for foreign PMETs to PRC waitress and general worker

by Correspondent
26/01/2023
42

...

Singapore warns slower economic growth in 2023

Less than 1 in 10 jobs created in first three quarters of 2022 went to Singaporeans?

by Leong Szehian
28/01/2023
69

...

Excessively charging for an essential need, and calling it affordable because people still can pay for it?

by Terry Xu
31/01/2023
40

...

April 2019
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930  
« Mar   May »

The Online Citizen is a regional online publication based in Taiwan and formerly Singapore’s longest-running independent online media platform.

Navigation

  • Editorial
  • Commentaries
  • Opinion
  • Politics
  • Community

Support

  • Contact Us
  • Letter submission
  • Membership subscription

Follow Us

  • Facebook
  • Twitter
  • YouTube
  • Instagram
  • Fact Checking Policy
  • Privacy Policy

© 2022 - 2023 The Online Citizen Asia

No Result
View All Result
  • Opinion
    • Editorial
    • Commentaries
    • Comments
  • Current Affairs
    • Malaysia
    • Indonesia
    • China
    • ASEAN
    • Asia
    • International
  • Finance
    • Economics
    • Labour
    • Property
    • Business
  • Community
    • Civil Society
    • Arts & Culture
    • Consumer Watch
    • NGO
  • Politics
    • Parliament
    • Transport
    • Education
    • Environment
    • Health
    • Housing
  • Law & Order
    • Legislation
    • Court Cases
  • Lifestyle
    • Travel
  • Subscribers login

© 2022 - 2023 The Online Citizen Asia

wpDiscuz