How to use an abroad education loan to fund a dual degree program?
Students may show potential employers through a dual degree program that they have what it takes to excel in a global setting.
In this blog, we will discuss the best undergraduate and master’s dual degree programs and how to use an abroad education loan to fund a dual degree program.
What are dual degree programs?
Due to the ability to study in two distinct nations, dual degrees, also known as double degrees or combined degrees, allow you to obtain a more thorough understanding of a certain subject.
Although pursuing a dual degree is important and may be highly advantageous, it does need a little more dedication and self-control. It also calls for outstanding time management skills as you adjust to different teaching methods and go beyond language obstacles.
How to use an abroad education loan to fund a dual degree program?
Given that it combines two fields, a dual degree could cost a bit more than a regular one. Following are the ways to use an abroad education loan to fund a dual degree program:
1. Financial planning
An effective loan application is a crucial component of a careful financial strategy created to pay for your dual degree program abroad at the lowest possible cost.
Scholarships, grants, past savings, and student loans are important parts of the strategy. Spend some time weighing the correct loan amount against the cost of redeeming your investments.
2. Tuition fees
The tuition fees levied by foreign universities make up one of the two primary components of education loans for studying abroad.
An education loan is meant to help students who are studying abroad with the expense of their tuition. Tuition is paid on all student loan repayments.
So, while deciding on the overall amount of your student loans, you should give top priority to covering your tuition costs.
3. Living expenses
Several items can be referred to as “factors” in this sentence. Rent or room and board, food, and expenses for other daily essentials like transportation to and from school, a security deposit for accommodation, etc., are the primary living expenses for a student.
Your living expenses should be taken into account when calculating the overall cost of your study abroad program.
4. Health insurance
Several foreign institutions commonly ask international students to get health insurance. Because it is one of several expenses students must pay to study abroad, this particular expense is covered by an education loan. So, health insurance might be considered when applying for a student loan.
5. Study aid
If the offer letter from your institution abroad specifies that you are responsible for paying for field trips and other extracurricular activities throughout your degree, this information can also be included in the education loan specifications.
Students can also factor the cost of items like books, laptops, and other study aids into their overall expenses.
Best undergraduate dual degree programs to study abroad
Ever consider continuing your passion for music while pursuing a business degree? Or how about combining a Bachelor of Law with a Bachelor of Biotechnology? When looking for jobs, having two college degrees provides you with an advantage over the competition.
Moreover, you can combine requirements for two distinct master’s programs or occasionally a Bachelor’s degree with a Master’s. The most well-liked undergraduate dual degree programs to study abroad are as follows:
- BS in biology/BS in chemistry
- BA in liberal arts/BFA
- BA in business administration/BA in marketing
- BSN/BS in healthcare management
- BA in public health policy/BS in public health science
- BS in computer science/BA in game design
- BS in computer science/BS in software engineering
- BA in international relations/BA in a foreign language
- BA in psychology/BA in criminal justice
- BA in economics/BA in political science
- BA in economics/BS in mathematics
Top bachelor’s-master’s dual programs
- BSN/MSN (also known as a BSN-to-MSN program)
- BS in social work/MSW
- BA in business/MBA
- BS in computer systems engineering/MS in computer science
- BS in public health/MPH
- BS in statistics/MS in applied math and statistics
- BA in international relations/MA in international affairs
- BA in justice and law/MA in counterterrorism and homeland security
- BA in political science/MPA
- BA in business administration/MBA
Top dual degree universities to study abroad
Following are the most popular universities to pursue dual degree programs abroad:
- Arizona State University
- Auburn University
- Benedictine University
- California University of Pennsylvania
- California Western School of Law
- Capella University
- Colorado Christian University
- Columbia University
- Cornell University
- Dallas Baptist University
Many additional opportunities become available with a dual degree program. It enables you to pick your core area of study, experiment with others that fit your objectives or preferences, and discover your passion.
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