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    Overseas Uni funds preparation

    Scheduled Pinned Locked Moved Money Matters
    78 Posts 11 Posters 6.5k Views 1 Watching
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    • bbbayB Offline
      bbbay @Imp75
      last edited by

      @Imp75

      Hope you don’t mind me asking: your child applied for the scholarship, awarded , but now she has second thoughts?

      Imp75I sharonkhooS 2 Replies Last reply Reply Quote 0
      • Coolkidsrock2C Offline
        Coolkidsrock2
        last edited by

        Expectations have been set clear since kids were young that we can only afford local uni and they will need to obtain a scholarship if they wish to study overseas.

        Based on the offers, the choice was pretty obvious, hence from that perspective, keeping us informed is fine. Prior to that, she had interned in Canada.

        On the option between furthering studies or accepting the job offer, the conflict was the universities and employer were all top names. She was able to quickly pick out the high probability of personality mismatch with some of the universities and eliminated them from consideration.

        The only consideration (to her) then was funding as there was no unbonded scholorship in hand at that time.

        We only told her that funding should not be a factor of her consideration and the uni’s name will open even more doors. She just need be true to herself in making that decision.

        1 Reply Last reply Reply Quote 0
        • Imp75I Offline
          Imp75 @bbbay
          last edited by

          @bbbay
          Yes gotten but now not sure if going away is the right decision for her.

          Coolkidsrock2C bbbayB 2 Replies Last reply Reply Quote 0
          • Coolkidsrock2C Offline
            Coolkidsrock2 @Imp75
            last edited by

            @Imp75

            What is the downside if she accepts / goes and find that it is not suitable?

            If it is bond free, am assuming there is no penalty and credits are transferable?

            Imp75I 1 Reply Last reply Reply Quote 0
            • Imp75I Offline
              Imp75 @Coolkidsrock2
              last edited by

              @Coolkidsrock2
              That’s what we are trying to find out.

              doodbugD 1 Reply Last reply Reply Quote 0
              • doodbugD Offline
                doodbug @Imp75
                last edited by

                Congrats to all the kids who got unbonded scholarships!

                Perhaps I am a bit more conservative here, but because our local universities are so reputable these days, I think it will be hard for me to be fully supportive of my kids choosing to go overseas if they are able to secure a place locally, unless they are going to a highly reputable institution overseas as well……

                1 Reply Last reply Reply Quote 0
                • doodbugD Offline
                  doodbug @bbbay
                  last edited by

                  @bbbay

                  If parents are paying, their input must surely matter lol 🙂

                  I think my kids are not that adventurous after all - they applied to the usual local universities and to the UK. They were too lazy to take SATs for the US, or to figure out what else is available in the non- English speaking countries.

                  1 Reply Last reply Reply Quote 0
                  • sharonkhooS Offline
                    sharonkhoo @bbbay
                    last edited by

                    @bbbay said in Overseas Uni funds preparation:

                    Hope you don’t mind me asking: your child applied for the scholarship, awarded , but now she has second thoughts?

                    I think the child should read the documentation carefully! Until anything is signed, withdrawing probably incurs no significant penalties; after signing, there may be financial penalties.

                    After starting studies, when significant sums have been spent (fees, accommodation, etc) which may not be refundable, the penalties may be quite high. And depending on the country/course/university, transfer of credits may not be possible. The student may have to start again.

                    Imp75I 1 Reply Last reply Reply Quote 0
                    • Imp75I Offline
                      Imp75 @sharonkhoo
                      last edited by

                      @slmkhoo
                      This is correct. Not every university can transfer credits esp in non/ English speaking countries. So this is a major decision. Now child is applyg local U early admission and scholarships as a hedge first. Then decide.

                      1 Reply Last reply Reply Quote 0
                      • bbbayB Offline
                        bbbay
                        last edited by

                        Some years ago, Mediacorp produced this Chinese infotainment series on Singaporean studying overseas. One episode for each country. Japan, Korea, Hong Kong, Taiwan, US, Oxford, Cambridge. The hosts travelled to those countries, interview those Singaporeans on all aspects of studying overseas. informative and entertaining. The students would bring the hosts around the campus, to their dorm, talk about what are they studying, why they choose those countries, the cost of studying there, the part-time jobs they do and the local law governing students taking on part-time jobs and more

                        https://www.mewatch.sg/episode/Schools-Unlimited-E1-63207

                        Imp75I 1 Reply Last reply Reply Quote 0

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