Financial problems for an international student

In summary, the third-world student from Imperial College London is questioned about his prospects after completing his BSc Physics degree. He is uncertain if he should continue his education at Imperial or transfer to a different university. He is considering studying in Canada or Germany due to the low tuition prices and fair job prospects.
  • #1
spaghetti3451
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Hi, I am from a third-world country who studied BSc Physics at Imperial College London (in the UK) for two years. I had to pay 20,000 pounds as tuition fees annually and my parents managed that for two years, but then they had a financial problem when I was about to begin my third year. So, I spoke with my department and they arranged what they call 'Interruption of Studies', Basically, it's like taking a gap year in the middle of your degree bevause of financial, medical or other issues. Mine was financial.

Anyway, Septmeber's coming and I am supposed to go back to Imperial to finish my third year. My parents will pay my third year tuition fees, but the problem is I need to re-apply for a student visa before I go back to the UK, and for the application to be processed I need to show that I have another 9000 pounds to fund my living expenses. Unfortunately, this is too much for my family - they might help me out but it got me questioning what might be accomplished by my studying at Imperial. After all, I am not spending so much money just to get a degree, but for excellent job offers or admission into graduate courses with scholarships.

I checked out scholarship opportunities and given the tuition fees for masters and phd courses, the scholarships appear highly selective and offer only small sums of money compared to my tuition fee. It looks like I may not be able to fund my studies after my bachelor's course. And the job prospects in the UK do not look good to me either. And the UK regulations on immigration policies have got much tougher than before, so I might not be stay if I don't have a job or course. And I don't want to go back to my country. This is just the way I feel about my prospects after I finish at Imperial. I am not really sure if I should continue at Imperial or try to move to some other university.

What do you think I should do?
 
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  • #2
Would you be willing to try out another country?

Canada is good immigration solutions if you graduate at a school there. If you're in the mid west job prospects are fair.
Above all international student tuition is much less than the US and UK.
I am not familiar with British system, so this is the only advise I could give.
Hope it helps a bit, if you have more questions feel free
 
  • #3
I don't know how transferring would work for European universities, which are in my opinion, your best bets for they're the ones with the *low* price tags. Try contacting them individually and see what they have to say. Say, Leipzig, Luxembourg (international program for physics) or the program at Erlangen (some "elite" program which mentioned transfers).

Another option would be the French grandes ecoles like Ecole Centrale, Ecole Polytechnique and Ecole Normale Superieure. The system is structured in such a way that after two years of intense preparation in maths-physics (there are some other "streams"), predominantly, one is to take a set of written and then oral exams, which determine whether they can get into a grande ecole. Some of those "ecoles" allow one to take their exams in English.

There are other grandes ecoles who have an "application sur dossier", where you can apply with your transcripts and recommendation letters. Look into those. I think ENSIMAG is one of them but I'm not sure. In any case, they're an applied math and CS-focused school, if I recall correctly.

There are also magistere programs in France. They are a more advanced variant of the regular bachelor's and master's degrees. (years 3, 4 and 5 - Bologna process; so that's 3rd year of the BSc/licence and the master's)

Further, have you contacted Imperial about exchange programs? I know that they have quite a few in Europe. If you go to say, a German uni, for your 3rd year, do you have to pay them that same 20k tuition?
 
  • #4
I have to keep the 9000 pounds of living expenses in my bank account for 28 days to be eligible to obtain a student visa, but my parents do not have that amount of money in liquid cash at the moment. My course resumes in October, so I guess it will be too late by the time I apply for a student visa, so I've decided to postpone Imperial for another year.

In the meantime, I will apply to uni's in Canada and if I get accepted, I will think about transferring to a university there for either the spring 2013 or fall 2013. However, if I do have a change of hearts at the last minute and feel Imperial is better, I will still have the chance to go back there to finish the final year.

But should I really wait another year? Won't taking two years gap at a stretch affect my career prospects? More importantly, which Canadian university would want to take me in as a transfer student, given that I have been on two gap years at a stretch?

[I have corresponded with small, private universities such as University of Northern British Columbia and Trinity Western University and they are willing to make provisional decision on my transfer application immediately for entry in the start of 2013. Would be reasonable to transfer to a university of much lower ranking just to save another entire year? ]

I would be happy to hear your advice.
 
  • #5


Dear international student,

I am sorry to hear about your financial struggles. It is understandable that you are feeling uncertain about your future at Imperial College and your prospects after graduation.

Firstly, I want to commend you for taking the initiative to speak with your department and arrange an Interruption of Studies. This shows that you are proactive and willing to find a solution to your situation. I suggest that you continue to communicate with your department and see if there are any other options or resources available to help you fund your studies.

In terms of your concerns about job prospects and immigration policies, I recommend that you do some research and reach out to career services at Imperial College for guidance. They may be able to provide you with information about job opportunities for international students and potential immigration policies that could affect you.

Furthermore, it may be worth considering looking into other universities or countries that may offer more affordable options for your graduate studies. While it is understandable that you may not want to return to your home country, it is important to explore all possibilities and consider what will be best for your future.

Lastly, I want to remind you that your education and experiences at Imperial College are valuable and will always be a part of your journey. Whether you decide to continue at Imperial or pursue other opportunities, the skills and knowledge you have gained will be beneficial to you in the future.

I wish you all the best in your decision-making process and hope that you are able to find a solution that works for you. Take care.
 

1. How can international students manage their finances while studying abroad?

Managing finances while studying abroad can be challenging, but there are several steps international students can take to stay on top of their finances. First, it is important to create a budget and track all expenses. This will help identify areas where spending can be reduced. Additionally, international students may want to look into part-time jobs or scholarships to supplement their income. It is also important to research and understand the currency exchange rates and any additional fees associated with international transactions.

2. Can international students apply for financial aid or loans in the country they are studying in?

Yes, international students can apply for financial aid or loans in the country they are studying in. However, eligibility and availability may vary depending on the country and institution. It is important for international students to research and understand the financial aid options available to them before applying.

3. How can international students deal with unexpected financial emergencies while studying abroad?

Unexpected financial emergencies can be stressful for international students, but there are ways to deal with them. It is important to have an emergency fund set aside for unexpected expenses. Additionally, international students can reach out to their school's financial aid office for assistance or look into short-term loans. It may also be helpful to seek advice from a financial advisor or experienced international students for guidance on managing unexpected expenses.

4. Are there any financial resources specifically for international students?

Yes, there are financial resources specifically for international students. Many universities offer scholarships and grants for international students, and there are also organizations and foundations that provide financial assistance to international students. It is important for international students to research and apply for these resources to help alleviate the financial burden of studying abroad.

5. How can international students save money while studying abroad?

There are several ways for international students to save money while studying abroad. One way is to look for affordable housing options, such as sharing an apartment with other students or staying in a homestay. It is also important to be mindful of daily spending and to find ways to cut costs, such as cooking meals at home instead of eating out. Additionally, international students can take advantage of student discounts and free activities offered by their university or city.

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