How Do You Plan to Use Your Scholarship? Where to Invest the Money?

 

Man si holding moneyThis is one of the most important questions in your scholarship interview. Exactly at this point, the good and bad candidates are distinguished and the decision is made. You should really prepare for this question prior to your interview, doing the following:

  1. Research about prices. How much does the accommodation cost? What would be your travel expenses? How much would you need to invest into study materials? What is the school admission? Simply, find out what you need to pay for to have a quality study at the college.
  2. Make a list. You can prepare it on PC, or you can use just a sheet of paper. Write down all your expenses and explanations. Be realistic. Do not write that you need $100 for food per day. Be humble but realistic. To study at the University is not inexpensive. Interviewers know it. Show them where you want to invest your money and convince them that you really need their support.
  3. When this question comes in your interview, take the paper out of your bag (you can ideally have some copies), hand it to the interviewers and talk about the expenses.

Doing this, you not only clearly show that you need money, and why you need them, but you also show that you are responsible, have a sense for planning, and in an ideal case, if you put it in a right way, you can convince them that you are not a money waster.

I know it takes extra time to research about things and prepare a monthly cost breakdown. However, doesn’t matter if we speak about school interview or job interview, remember that extra efforts bring extra results. Law of action and reaction can not be fooled…. Most scholarship applicants do not prepare anything for their interview. You should prepare something. Be better than the others, do more. The reward will be a scholarship you’ll get at the end of the journey.

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