Whether you’re taking a break from work and going back to school, or finishing your education before starting your career, studying further is a big decision. There are several things you’ll have to think about – your investment, the returns it’s likely to give, living expenses, scholarships and more. Researching all your options well can make the decision a lot easier.
A few things to keep in mind:
- A good scholarship can make a huge difference financially. And it’s not just good scores that’ll raise your chances of getting one. Community service, work experience, diverse hobbies and international travel will all work in your favour by making your resume stand out.
- You know the most popular programs and universities. (The ones all your peers are applying to.) Are they the right choices for you, though? Talk to your advisor to figure out which ones will give you the best returns on your investment.
- Start looking at accommodations early on. Staying on campus for the first couple of years might be easier on you and your wallet.
- Make a list of application deadlines for each of the universities you’re targeting. Better prioritizing means less last-minute panic.
- Start researching internships and job options before you get there. Finding a good position can make a big difference to your finances in the short term, and your career in the long run.