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Financing ones education is difficult these days, especially with the current global crisis and high rates of inflation. However, there are a number of techniques and procedures which students can use to manage their financial position and successfully complete their studies.

Tip number 1: Try to get a scholarship. This is a common option for most above average performing students. Before applying to your institution of choice, research and gather information on other institutions that offer scholarships. Identify the scholarship that best suits your qualifications and apply for it as soon as possible. A large number of institutions close their application dates early November or even in October for courses commencing the next year. Be quick, do not wait for anything or anyone. In addition, find other scholarships that you may not meet the requirements for 100%. Sometimes students do get these as there may be ample space available. Treat it like a lottery, apply for all relevant ones and hope for the best.

Some organisations such as the AusAid also provide scholarships. Again, research is important so please spend about two or three days just researching and identifying the institutions and organisations which can help you.

If you can, try and talk personally to the contact persons to establish a relationship. This will help in getting an insight on the scholarship requirements and how to apply. Some students do have the qualifications to satisfy all the requirements but because of simple errors on application forms, lose out. Get as much information as you need before filling in the application.

Tip number 2: Get a student loan. Many students can apply for student loans as they are available widely on non academic merits ,that is, to students who have average or below average grades, which makes it easier to get. Again, do not wait for the last moment, apply as soon as possible and do your research. Apply for as many as possible.

Tip number 3: If you are earning or even dependent on your parents financial assistance, make a budget. Budgeting is very important and can make a difference between a student completing his/her course or not. If you are not well acquainted with budgeting, below is my simple budget for a week, proportioned to include my course fees so I do not face financial difficulties:

- Income: $500

- Travel: $20

- Food: $30

- Accommodation: $180

- Course Fee/week: $150

- Miscellaneous: $50

- Savings: $70

As shown, after including a $150 provision for my

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