Can You Get A Student Loan To Study In Turkey?

Turkey has 11 tertiary institutions that feature in the QS World Rankings 2018, and five of them are in the top 500! Turkey is a promising country in which to further your education and the Turkish government is set to encourage foreign students to enroll in their higher education institutes. It’s specifically interested in students from countries in Central Asia, Africa, Eastern Europe and the Middle East. This is sure to boost Turkey’s global standing in education, which will mean that more funding for international students will be available in future.
What are your educational options now, though? Here’s more information about financial aid and student loans if you’re interested in studying in Turkey but you aren’t a young millionaire with money to burn!

Financial Aid Packages In Turkey

It’s not always easy to get a scholarship to study at a Turkish educational institution, so it’s worth exploring other funding options, such as the best student loans that are available in your country. If you’re in the U.S. and have a financial aid package already, this might cover most of the costs of studying at an international institution, making it easier to do your studies in Turkey. As mentioned on the International Education Financial Aid website, you are eligible for an international student loan if you’re currently attending an eligible U.S. college. Your international student loan can be used for various education expenses, such as transport, insurance, room and board, tuition, fees and textbooks. The great thing about funding accommodation is that living expenses are budget-friendly in Turkey when compared to western countries.

If this doesn’t apply to you, such as if you live in the U.K, you could always get a bank loan to help you fund your studies. The catch, however, is that you’ll have to pay this back faster than a student loan, which could be difficult.

What If You Can’t Afford A Loan?

If a student loan is not possible, even from a private organization, there’s always the option of scholarships. There are scholarships available for international students wanting to study in Turkey, and they often cover expenses such as monthly allowances well as insurance. However, it’s worth knowing that most scholarships require really high grades – you’re looking at 70 percent or 80 percent marks, so you have to be committed and work hard.

Getting the chance to study in Turkey is an exciting prospect. Not only are there many attractive educational institutions, but Turkey’s cost of living is reasonable. Its geographical location, set between the East and West with Africa a coin’s throw away, makes it extra desirable to further your studies and gain life experience.

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