Why Study MBA in Australia
13 September 2021
01 March 2023
Are you an Indian student from a middle-class family desiring to study in Italy?
We understand that the fees and living expenses may take a toll on your decision to study in the country of the Romans. The good part of it is that there are a variety of financial aid options available to you to help with the cost of tuition and living expenses.
There are 2 types of scholarships you could benefit from; you can apply for either the merit-based scholarships or the many need-based scholarships offered by universities, the Italian government, and private and social organizations.
Let’s explore the differences between these two types of scholarships and how they can benefit international students seeking to study in Italy.
As the name suggests, Merit-based scholarships are designed to recognize and reward students who academically gifted. The only criterion for this scholarship is your grades. Merit scholarships are highly competitive and offered to only a small pool of applicants.
Students who have done well in academics while maintaining an all-round aptitude for student activities, research work, or other accomplishments, can apply for these scholarships.
There are many sources for merit-based scholarships:
The Italian Government Scholarships: These scholarships are awarded by the Italian Ministry of Foreign Affairs and International Cooperation to foreign students who can show evidence of strong academic performance.
Erasmus+ Scholarships: These scholarships are offered by the European Union and are available to students who wish to study in Europe. Indian students can apply for an Erasmus+ scholarship to study in Italy.
University Scholarships: Many universities in Italy offer scholarships to international students who have demonstrated academic excellence. These scholarships can cover tuition fees, rent, and even living expenses.
Need-based scholarships are based on a student's financial needs. These scholarships are designed to help students who may not have the financial resources to pay for their education but have extremely desirable applications.
To be eligible for a need-based scholarship, you must demonstrate that you have a financial need and must provide documentary proof to support your claim.
Some of the most popular need-based scholarship options available for Indian students are:
INPS Scholarships: These scholarships are offered by the Italian Social Security Institute to students who come from low-income families.
University Scholarships: Many universities in Italy offer need-based scholarships to international students who can demonstrate financial need.
Both merit-based and need-based scholarships are lifelines for many international students.
As an Indian student, you should explore both options and apply for scholarships that best fit your situation and academic qualifications. With the right scholarship, you can achieve your academic goals and create beautiful memories in Italy.
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