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scholarshint · 1 year ago

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King Abdulaziz University Scholarship 2024 (Fully Funded)

King Abdulaziz University Scholarship 2024: The Deanship of King Abdulaziz University is delighted to announce the availability of Scholarships for students from around the world. International students who are not Saudi nationals are eligible to apply for the King Abdulaziz University Scholarship 2024. This scholarship offers opportunities for both Master's and Ph.D. programs. It is a Fully Funded scholarship that covers all expenses throughout the entire duration of the program. The King Abdulaziz University is open to students from all around the world, regardless of their gender. It is among the biggest universities in the Arab region, boasting more than 22 colleges. The university does not require any application fee, making it accessible to all. It provides a diverse selection of Master's and PhD programs for students to choose from. Details About King Abdulaziz University Scholarship 2024 - Country: Saudi Arabia - Study Abroad: Study in Asia - Eligible Countries: All Countries - University Name: King Abdulaziz University - Degree Level: Masters, PhD - Deadline: 28th December 2023 King Abdulaziz University in Jeddah, Saudi Arabia, offers a scholarship program that covers all expenses for a wide range of academic programs. These programs include fields such as Sciences, Engineering, Humanities, Arts, Information Technology, Business Administration, Computer Engineering, and Sciences at both the Master’s and PhD levels. The scholarship is a great opportunity for students to pursue their academic goals without having to worry about the financial burden. If you are a student who wants to apply for the King Abdulaziz University Scholarship, you must apply directly to the university. Make sure to follow their application procedures and deadlines. King Abdulaziz University Scholarship Benefits: The King Abdulaziz University Scholarship is fully funded with the following benefits: A monthly stipend A preparation allowance when coming for the first time. Free Medical care Providing accommodation, scientific, cultural, and social care The Central Library and facilities. Subsidized meals An allowance for printing the thesis. An allowance for shipping books (when graduated). - Two-way ticket annually. - The opportunity to upgrade the scholarship for distinguished students who have obtained a master’s degree to a doctorate. List of Masters, and PhD Here is a List of degree programs for international students: - Master Programs - Ph.D. Programs DO YOU WISH TO STUDY IN THE USA? ALSO CHECK OUT: List of Fully Funded Scholarships for Masters Students 2024 King Abdulaziz University Scholarship Requirements: To apply for this position, - you need to have a university degree from a recognized college or university. - Your graduation certificates and transcripts must be certified by the Saudi Embassy. - If you are applying for a Ph.D., you should be under 40 years old, - for a Masters, you should be under 35 years old. - Additionally, you must have a good conduct record and be in good health. - An approved exam in English is required for applicant whose first language is not English. - Finally, you need to provide recommendation letters from two of your former professors. English Language Requirements The approved exams and minimum required scores are listed below: Type Score TOEFL (PBT) 500 TOEFL (CBT) 173 TOEFL (IBT) 61 IELTS(>IELTS) 5 NOTE: Students graduating from American, British, Canadian, and Australian universities are exempted from the above tests. Also, Admission to Health Sciences Programs (Medicine, Dentistry, Pharmacy, Applied Medical Sciences, Nursing and others) are unavailable. How to apply for the King Abdulaziz University Scholarship? To apply, please submit your application online. Before you start, it is important to carefully review the instructions, admission requirements, necessary documents, transcripts, and other relevant information for the programs you are interested in. The step-by-step procedures: - To apply as a new applicant, please log in to the King Abdulaziz University website. - Once you have completed the application, your submission will be automatically considered for a scholarship if you meet the necessary requirements. - We recommend checking your portal and email regularly to stay updated on the status of your application. CLICK HERE TO APPLY NOW! We hope you found this article helpful. If you have any questions, thoughts, or experiences you’d like to share, we encourage you to leave a comment below. Also, don’t forget to subscribe to more update via the bell icon. Disclaimer: Scholarshint is an independent publisher, The information provided is for educational purposes only and we encourage you to seek more clarified details from the source official website Read the full article

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etechnewsglobal · 1 year ago

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Kennedy-Lugar YES Program Scholarships for Pakistani Students

The Kennedy-Lugar Youth Exchange and Study (YES) Program offers fully-funded scholarships for Matric and O-Level students from Pakistan. Grasp the chance to study at top American high schools and immerse in the local culture by living with American host families. Sponsored by the US government, this unique program has been fostering intercultural relations since 2003.

YES Program Scholarships Quick Overview

- Program: YES USA Kennedy-Lugar Youth Exchange and Study - Eligibility: Matric & O-Level students - Offered by: International Bodies - Type: International, Merit-Based - Deadline: 06-10-2023

What YES Offers:

- Full Scholarship covering Airfare, US Visa Fee, Boarding, Lodging, School Tuition, and a monthly stipend of $125.

Eligibility for YES Program Scholarships:

- Pakistani citizen residing in Pakistan. - Currently enrolled in 9th, 10th grade, or O-Levels (11th graders are excluded). - Age 15-17 by August 15, 2024. - Achieved at least 60% marks in major subjects over the past three years. - Proficient in English (at least 60% in English exams from 2020-2023). - No prior US travel. Added Advantages: If you also exhibit Pakistani cultural knowledge, demonstrate adaptability, achieve at least a ‘B’ grade in American high school, and fulfill the U.S. J-1 visa requirements, you're in a favorable position.

Application Process:

- Preliminary Application: Download forms from yespk.org and send via courier to the SIE office. - Entry Test: Short-listed applicants will be informed. - Interview and Group Activity: Successful entry test students will be called for interviews and group activities. - English Language Test: A mandatory test for shortlisted students. - Final Evaluation: Based on the Entry Test, Interviews, and completed YES Final Application. Stay updated by checking the YES website or their official Facebook page. Important: Any forged documentation or false information can lead to disqualification. Read the full article

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globalcareercounselling · 2 years ago

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Top 5 Countries for Studying Abroad in 2023

Studying abroad is an exciting and life-changing experience, and it is not uncommon for Indian students pursue higher education overseas with the help of study abroad counselling. While there are many factors to consider when selecting a country to study in, including budget, language, culture, and academic programs, certain countries stand out as popular destinations for Indian students, making overseas education counselling crucial.

According to a report by the Ministry of External Affairs, there has been a steady increase in the number of Indian students pursuing foreign education, making counselling for foreign education a crucial need. As of 2021, over 10 lakh Indian students are studying in foreign universities, with the United States, Canada, and Australia being the top three destinations, which requires the guidance and assistance of abroad counselling.

However, selecting a country to study in can be challenging, which is where study abroad counselling comes in. The cost of living, tuition fees, language barriers, and cultural differences are all factors that must be considered. Another study by the British Council found that Indian students prioritize employment opportunities and career prospects when selecting a country to study in, highlighting the importance of overseas education counselling.

So, without further ado, let’s explore the top countries for Indian students for overseas education.

The United States of America

If you’re an Indian student looking to study abroad, the USA is a top destination to consider. With its prestigious universities, diverse student body, and promising career opportunities, it offers an unmatched educational experience. However, the process of studying abroad can be daunting, which is why it’s essential to seek the guidance of a study abroad counsellor. Overseas education counselling can help you navigate the application process, select the right institution, and prepare for the cultural and academic challenges of studying in a foreign country. With the help of counselling for foreign education, you can make the most of your international education experience and set yourself up for success.

Top Universities in The United States of America:

Stanford University

Harvard University

Massachusetts Institute of Technology

Princeton University

Yale University

Top streams to apply in the United States of America:

Business and Management

Engineering

Mathematics and Computer Sciences

Social Sciences

Physical and Life Sciences

However, studying in the USA can be expensive, so students need to plan their budgets carefully. Don’t worry! We have compiled a list of popular scholarships that you can apply for.

Fully-Funded Rotary Peace Fellowships

Fulbright Foreign Student Program

Global Undergraduate Exchange Program

American University Emerging Global Leader Scholarship

Knight-HennessyScholars at Stanford University

PEO International Peace Scholarships for Women

The United Kingdom

Overall International Students

Most Represented Countries

World Ranking Universities

Average Tuition Free

Average Cost of Living (per month)

679,970

China, India, and Nigeria

£10,000–£20,000 (approx)

£900-£1300

The United Kingdom is a top destination for Indian students seeking overseas education. With world-renowned universities offering diverse academic programs, the country provides ample opportunities for internships and jobs after graduation. However, the cost of living and tuition fees can be high, and the weather may not suit everyone. That’s where study abroad counselling comes in. Abroad counselling services provide valuable guidance to students looking to study overseas, including in the United Kingdom. With expert advice on everything from application procedures to financial aid, counselling for foreign education can help students make informed decisions and navigate the complexities of studying abroad. So, if you’re considering studying in the UK, don’t hesitate to seek out overseas education counselling to help you achieve your dreams.

Top Universities in The United Kingdom:

University of Oxford

Imperial College London

London School of Economics and Political Science

University of Cambridge

University of Warwick

Top courses to apply in The United Kingdom:

Business Studies

Accounting and Finance

Law

Economics

Art and Design

Apart from Institution-specific scholarships, you can apply for a number of scholarships in

The UK

GREAT Scholarships

British Council Scholarship for Women in STEM

Global Wales Scholarships

Commonwealth Scholarship and Fellowship plan

A.S. Hornby Trust Scholarship

Canada

Overall International Students

Most Represented Countries

World Ranking Universities

Average Tuition Free

Average Cost of Living (per month)

388,782

India, China, and South Korea

CAD $12,000-CAD $30,000(approx)

CAD $600 and $800

Canada is emerging as a top destination for Indian students seeking to study abroad. With its high-quality education and excellent job prospects, the country offers a diverse range of academic programs and is known for being safe and friendly. Moreover, the cost of living and tuition fees in Canada are lower compared to the US, making it an attractive option for budget-conscious students. If you’re considering studying in Canada, seek out study abroad counselling services that provide valuable guidance on which major to pursue. Overseas education counselling can help you make informed decisions and navigate the complexities of studying abroad. With abroad counselling, you can ensure that your dream of pursuing higher education in Canada becomes a reality.

Top Universities in Canada:

University of Toronto

McGill University

The University of British Columbia

University of Waterloo

University Of Montreal

Top courses to apply in Canada:

Business & Management Studies.

Hospitality & Leisure Management.

Engineering.

Medicine.

Media and Journalism

Scholarships to apply for studying in Canada:

Lester B. Pearson International Scholarship Program at the University of Toronto

Karen McKellin International Leader of Tomorrow Award at University of British Columbia

York University International Student Scholarship

Ontario Graduate Scholarship

University of Winnipeg President’s Scholarship for World Leaders

University of Calgary International Entrance Scholarship

Australia

Overall International Students

Most Represented Countries

World Ranking Universities

Average Tuition Free

Average Cost of Living (per month)

619,371

China, India, Nad Nepal

$20.000-$50,000(approx)

2170 AUD(approx)

Australia is a popular destination for Indian students seeking overseas education, with its excellent universities, warm climate, and stunning landscapes. The country offers a diverse range of academic programs and is a great destination for students interested in research and innovation. However, the cost of living in Australia can be high, and students need to plan their finances carefully. That’s where study abroad counselling services come in. Abroad counselling provides valuable guidance to students looking to study in Australia, including advice on application procedures, scholarships, and other financial aid opportunities. So, if you’re considering studying in Australia, seek out counselling for foreign education to help you achieve your goals and make the most of your experience.

Top Universities in Australia:

University of Melbourne

Monash University

The University of Sydney

The University of Western Australia

The University of Queensland

Top courses to apply in Australia:

Nursing.

Computer Science Engineering.

Cybersecurity.

Automotive.

Architecture.

Scholarships to apply for studying in Australia:

Australia Awards

Destination Australia

Australian Government Research Training Program (RTP)

Provider scholarship

Germany

Overall International Students

Most Represented Countries

World Ranking Universities

Average Tuition Free

Average Cost of Living (per month)

440,564

China, India, Syria, and Austria

250 EUR- 1500 EUR per semester (approc)

800 EUR- 1000 EUR

If you’re an Indian student looking to pursue technical fields like engineering or computer science, Germany should be on your radar for studying abroad. The country has a strong focus on research and innovation, making it an excellent destination for those interested in those fields. Additionally, most public universities offer free tuition, making it an affordable option for many students. While the cost of living in Germany can be high, shared accommodations can help students save money. If you’re considering studying abroad in Germany, make the most of it by seeking the guidance of a study abroad counseling service. With the help of overseas education counseling, you can receive valuable advice and guidance on the application process, visa requirements, and more. Don’t miss out on the opportunities available to you – reach out to a counseling service for foreign education today!

Top Universities in Germany:

University of Munich

Humboldt University of Berlin

Technical University of Berlin

University of Bonn

University of Hamburg

Top courses to apply in Australia:

Engineering.

Business Management.

Maths & Computer Science.

Fine & Applied Arts.

Medicine.

Scholarships to apply for studying in Germany:

DAAD Scholarship Germany

Erasmus Scholarship Programs in Germany

Heinrich Boll Scholarships for International Students

Bayer Foundations

Konrad-Adenauer-Stiftung (KAS) Scholarships

The Friedrich Ebert Stiftung

Mawista Scholarship

Selecting a country to study abroad is a significant decision, and Indian students have many excellent options to choose from. While the top five countries listed above are popular choices, students should consider their individual preferences and priorities when making a decision. Studying abroad can be a life-changing experience, and with careful research and planning, Indian students can find the perfect destination to further their education and achieve their career goals.

Before selecting any country for pursuing education abroad, one should be aware of their strengths and interests and choose a major that complements them. With constant guidance and support, a study abroad counsellor assists individuals to select the major that perfectly suits them. You can refer to our article on Identifying a Perfect Fit College & Mistakes To Avoid While Guiding Students

So, if you are passionate about overseas counselling and guiding individuals towards their dream country for overseas education, then joining the Global Career Counsellor program can be a game-changer. With this program, you can become an expert in abroad overseas education counselling, assisting students in finding the perfect country for foreign education.

Know More About The Program

#careercounsellingcoursesindelhi #counsellingcertification #careercounsellingcourses #counsellingcertificatecourses #counsellingcoursesinmumbai #counsellorcoursesonline #counsellingcourses #psychologicalcounsellingcoursesinmumbai

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bongoideas · 2 years ago

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Fully Funded US Scholarship Opportunities For International Students 2023

These are some of the Fully Funded US Scholarship Opportunities For International Students in 2023. The United States of America is home to some of the best universities in the world, attracting students from all over the globe. However, the high cost of education in the US can often be a barrier for many students. Fully Funded Scholarship Opportunities USA 2023 Scholarships offer a great way…

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#US Scholarship #US Scholarship Opportunities

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studypprogramhere · 2 years ago

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Finding an affordable university in the USA as an international student

An A to Z guide to undergraduate studies in the USA.

Going to college is a crucial step in one’s life. It is the stepping stone to kickstart your career. But if you are an international student that wants to study in the USA, you know the pain that tuition fees can represent.

MONEY, MONEY, MONEY. It’s all about the money in our world 😭

The yearly cost in American Universities can be as high as 80 000$. You can still find some public schools like SUNY Stony Brook that only cost 35 000 $ (housing and all other fees included). But this is just unbearable for a middle family in a developing country.

It’s no secret that the US is one of the most expensive nations in which to pursue higher education, but don’t let that put you off, as there are hundreds of opportunities to gain funding for your studies here.

I’m too applying to US schools this year, so I decided to write this story to share my research process and the results. As a prospective student or a parent, here are three steps you need to take to find an affordable college.

Stop searching by ranking, search by granted aid

My suggestions for you

Apply, and send the CSS profile

Stop searching by ranking, search by granted aid

The classical way of searching for a university is to browse the rankings and search for schools that offer studies in your area of interest. Often, you would go to US News or QS world ranking to find out about the best universities out there. But when you visit their website, they rarely offer financial aid for international students (apart of course from Ivy League schools like Harvard or Princeton)

Now that you know about the problem, here is my solution to it. Start by visiting the websites below and start creating a 30–40 schools list. All of which depends on your location preferences and other parameters.

Discover 2023’s Top Fully Funded Undergraduate Scholarships in the USA

Online Psychology Bachelor’s Degree in the USA: A Comprehensive Guide

Emory University Scholars Program for International Students 2022-2023

Monash University Scholarship 2023: Fully Funded Opportunities for International Students

Columbia University GSAPP Admission International Awards USA, 2022/2023

My suggestions for you

At this time, you are probably disappointed. Take Berea College, the school offers fully funded studies for all the international admitted students. But the problem is that Berea College isn’t any good. The school is average, the campus is in bad shape, and current students are unhappy. So I wouldn’t recommend you go there even if it costs 0$.

So to help you with your research, here is a list of colleges/universities to which I’m applying (and others that I like):

MIT

Harvard

Yale

Duke

Cornell

Brown

TAMU

University of Texas

Stanford

Colby college

Williams college

University of Miami

SUNY Stony Brook

Haverford College

University of New York

University of Virginia

Amherst College

Caltech

Columbia University

Apply, and send the CSS profile

Once you have created your list, you should start the application process. Most schools accept the Common App, this will make your life easier, but a few schools like MIT require you to apply on their own portal.

Keep up the good work! Writing college essays and filling all the different forms is a very long process. So even if the deadline is in January, you must start at least two months prior.

I need to warn you about the CSS profile. While applying, you will be asked if you want to apply for aid, but answering yes isn’t enough. You will need to fill the CSS profile on the College Board website. Once you submit it to your schools, there is one remaining step, sending your tax documents on the IDOC portal. The college board website will guide you through these remaining steps.

Final thoughts

Applying to college is a long and tedious process. I’m experiencing it while working on the Texas application that closes on December the 1st.

If you have any questions or wanna talk about this whole process, leave me a private note. Thanks for staying until the end.

PS: This is my first article ever 😁 so please show some love

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9jacompass · 2 years ago

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Top 25 Fully Funded Scholarships In USA For International Students

Fully Funded Scholarships in USA for International students: One great study destination you can think of is the United States of America (USA) and is loaded with some of the top ranking universities in the world. You can be sure that studying in the United States will be fun and comes with so much excitement. The degrees awarded in USA are accepted all round the world. Studying Abroad like the…

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studentsofficial · 2 years ago

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King Abdullah University Fully Funded Fellowship 2023

King Abdullah University Fully Funded Fellowship 2023 Country: Saudi Arabia #Fullyfunded #scholarship #internship #saudiarabia #eligibility criteria #scholarship #USA #

Country: Saudi Arabia Financial coverage: Fully Funded No Deadlines For spring and autumn enrollment in 2023, King Abdullah University Fellowship is currently accepting applications. KAU is providing full scholarship for this International students can apply for fully financed scholarships to pursue graduate degrees. It is a fantastic chance for people who desire to do study, launch their…

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#NMU #resume #turkey scholarship fullyfundedturkey #TURKEYSCHOLARSHIPS #2023scholarship #fellowship #fullyfunded #fuulyfunded #internship2023 #scholarship

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scholarshipja · 2 years ago

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Fully Funded Scholarships for International Students 2022-23 (Undergraduate/Masters/PhD) Check our story for all links or visit our website https://scholarshipscorner.website/ for more details. 1) Gates Scholarships 2023 in the USA | Fully Funded Link: https://scholarshipscorner.website/gates-scholarship-united-states/ 2) #DAAD Scholarship in Germany 2023 | Fully Funded Link: https://scholarshipscorner.website/daad-scholarship-in-germany/ 3) Knight-Hennessy Scholarship Program 2023 in the USA | Fully Funded Link: https://scholarshipscorner.website/knight-hennessy-scholarship-program/ 4) Chevening Scholarship 2023 in the UK | Fully Funded Link: https://scholarshipscorner.website/chevening-scholarship/ 5) Rhodes Scholarship 2023 in the UK | Fully Funded Link: https://scholarshipscorner.website/rhodes-scholarship/ 6) Czech Government Scholarships 2023-2024 | Fully Funded Link: https://scholarshipscorner.website/czech-government-scholarships/ 7) Schwarzman Scholarship Program 2023-24 in China | Fully Funded Link: https://scholarshipscorner.website/schwarzman-scholars-programme/ 8) Singapore International Graduate Award 2023 | Fully Funded Link: https://scholarshipscorner.website/fully-funded-singapore-international-graduate-award/ 9) Lester B. Pearson Scholarship 2023 in Canada | Fully Funded Link: https://scholarshipscorner.website/lester-b-pearson-scholarship-canada/ 10) Yousriya Loza-Sawiris Scholarship in USA 2023 | Fully Funded Link: https://scholarshipscorner.website/yousriya-loza-sawiris-scholarship-usa/ #ScholarshipsCorner #scholarship #scholarships #scholarships2022 #studyabroad #studyinusa #studyincanada #studyinuk #studyinsingapore #studyinchina #studyinaustralia #studyingermany #studyineurope #studyinkorea #scholarshipprogram #studyabroad #scholarshipjamaica #scholarshipopportunity #student #students #university #mastersdegree #bachelordegree #phd Via @scholarshipscorner (at ScholarshipJamaica.com) https://www.instagram.com/p/ChUs1kjOCGP/?igshid=NGJjMDIxMWI=

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joecrackconcept · 2 years ago

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Clark University Presidential Scholarships 2022/2023 for Undergraduate International Students (Fully-funded) – USA

Clark University Presidential Scholarships offers undergraduate international students funding through the very prestigious programme, the Liberal Education and Effective Practice (LEEP). (more…)

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scholarshint · 1 year ago

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List of Fully Funded Scholarships for Masters Students 2024

List of Fully Funded Scholarships for Masters Students 2024: Scholarships, particularly fully funded ones, can significantly ease the financial strain on your academic journey. In this article, we present a list of fully funded scholarships for Masters Students 2024, covering all aspects including scholarship worth, eligibility criteria, required documents, official website links, deadlines, opening windows, and states of study. 1. Fulbright Foreign Student Program (USA) Introduction The Fulbright Foreign Student Program enables graduate students, young professionals, and artists from abroad to research and study in the United States for one year or longer. Scholarship Worth The scholarship covers tuition, airfare, a living stipend, and health insurance. Eligibility Criteria Applicants must have completed undergraduate education and hold a degree equivalent to a bachelor's degree. Required Documents - - Application form - - Academic transcripts/diplomas - - Two recommendation letters - - TOEFL scores Official Website Link Deadline Varies per country but generally around February to October annually. Opening Window The application period opens in February annually. State of Study All states in the USA are applicable. list of fully funded scholarships for Masters Students 2024, 2. Chevening Scholarships (UK) Introduction Chevening Scholarships are the UK government’s global scholarship program that offers future leaders the unique opportunity to study in the UK. Scholarship Worth The scholarship covers university tuition fees, a monthly stipend, travel costs to and from the UK, an arrival allowance, and cost of one visa application. Eligibility Criteria Applicants must hold an undergraduate degree that will enable you to gain entry into a postgraduate program at a UK university. Required Documents - - Two references - - Education documents (degree certificates and transcripts) Official Website Link Deadline The application deadline is usually in the first week of November. Opening Window Applications open in August annually. State of Study All states in the UK are applicable. 3. OCPP Ghana Scholarships (UK) Introduction The OCPP Ghana Scholarships, funded through the UK’s Blue Planet Fund, offer a unique opportunity for students from Ghana to undertake a fully funded Master’s in marine science. Aimed at early to mid-career researchers from Ghana who wish to develop a career in marine science. Scholarship Worth The scholarship is fully funded, covering tuition, living expenses, and travel costs. Eligibility Criteria Applicants must be early to mid-career researchers from Ghana. Required Documents - - Application form - - Academic transcripts/diplomas - - Two recommendation letters Official Website Link Deadline October 17, 2023. Opening Window The application period opens in February annually. State of Study All states in the UK are applicable. 4. Yale University Scholarships (USA) Introduction Yale University Scholarship is a fully funded scholarship for international students. This scholarship is offered for undergraduate, masters, and PhD. Scholarship Worth Yale Scholarship can vary from a few hundred dollars to over $70,000 per year; the average Yale need-based scholarship is over $50,000. Eligibility Criteria Applicants must hold an undergraduate degree that will enable you to gain entry into a postgraduate program at Yale University. Required Documents - - Two references - - Education documents (degree certificates and transcripts) Official Website Link Deadline The application deadline is usually in the first week of November. Opening Window Applications open in August annually. State of Study All states in the USA are applicable. 5. British Chevening Scholarships (UK) Introduction British Chevening Scholarships are the UK government’s global scholarship program that offers future leaders the unique opportunity to study in the UK. Scholarship Worth The scholarship covers university tuition fees, a monthly stipend, travel costs to and from the UK, an arrival allowance, and cost of one visa application. Eligibility Criteria Applicants must hold an undergraduate degree that will enable you to gain entry into a postgraduate program at a UK university. Required Documents - - Two references - - Education documents (degree certificates and transcripts) Official Website Link Deadline The application deadline is usually in the first week of November. Opening Window Applications open in August annually. State of Study All states in the UK are applicable. 6. Erasmus Mundus Scholarships (Europe) Introduction Erasmus Mundus Scholarships are offered by the European Union for study in various universities in Europe. They are targeted towards students worldwide. Scholarship Worth The scholarships cover tuition fees, living expenses, program costs, and insurance for the entire study period. Eligibility Criteria Applicants must hold a Bachelor's degree or equivalent. Required Documents - - Application form - - Academic transcripts/diplomas - - Two recommendation letters Official Website Link Deadline Most applications close in January, but this can vary depending on the course. Opening Window Applications typically open in October. State of Study All EU states are applicable. 7. Australian Government Research Training Program (Australia) Introduction The Research Training Program (RTP) is a dedicated pool of funding provided by the Australian Government to support domestic and international students undertaking Research Doctorate and Research Masters degrees. Scholarship Worth The scholarship covers tuition fees and health cover costs for scholarship holders, and health cover costs for their dependents. Eligibility Criteria Applicants must be enrolled in an accredited research degree at an Australian higher education provider. Required Documents - - Application form - - Academic transcripts/diplomas - - Two recommendation letters Official Website Link Deadline Varies per institution. Opening Window Varies per institution. State of Study All states in Australia are applicable. 8. DAAD Scholarships (Germany) Introduction DAAD or The German Academic Exchange Service is the largest German support organization in the field of international academic co-operation. Scholarship Worth DAAD scholarship includes monthly payments of 850 euros for graduates or 1,200 euros for doctoral candidates, payments towards health, accident and personal liability insurance cover, and travel allowance. Eligibility Criteria Applicants must have a Bachelor's degree and must not have been residing in Germany for more than 15 months at the time of application. Required Documents - - Application form - - Academic transcripts/diplomas - - Two recommendation letters Official Website Link Deadline Varies per course and institution. Opening Window Varies per course and institution. State of Study All states in Germany are applicable. 9. Swiss Government Excellence Scholarships (Switzerland) Introduction The Swiss Government Excellence Scholarships aim to promote international exchange and research cooperation between Switzerland and over 180 other countries. Scholarship Worth The scholarship covers a monthly payment, exemption of tuition fees, health insurance, airfare, special lodging allowance, etc. Eligibility Criteria Applicants must be foreign scholars or artists holding a bachelor's degree at least. Required Documents - - Application form - - Academic transcripts/diplomas - - Two recommendation letters Official Website Link Deadline Varies per country. Opening Window Varies per country. State of Study All states in Switzerland are applicable. 10. The Gates Scholarship (USA) Introduction The Gates Scholarship (TGS) is a highly selective, last-dollar scholarship for outstanding, minority, high school seniors from low-income households. Scholarship Worth The scholarship covers the full cost of attendance that is not already covered by other financial aid and the expected family contribution, as determined by the Free Application for Federal Student Aid (FAFSA). Eligibility Criteria Applicants must be a high school senior from at least one of the following ethnicities: African-American, American Indian/Alaska Native*, Asian & Pacific Islander American, and/or Hispanic American. Required Documents - - Application form - - Academic transcripts/diplomas - - Two recommendation letters Official Website Link Deadline September annually. Opening Window July annually. State of Study All states in the USA are applicable. 11. Clarendon Fund Scholarships at University of Oxford (UK) Introduction The Clarendon Fund is a major graduate scholarship scheme at the University of Oxford, offering around 140 new scholarships every year. Scholarship Worth Clarendon Scholarships cover tuition and college fees in full and a generous grant for living expenses. Eligibility Criteria All applicants for graduate study at the University of Oxford are eligible. Required Documents - - Application form - - Academic transcripts/diplomas - - Two recommendation letters Official Website Link Deadline January annually. Opening Window September annually. State of Study England. list of fully funded scholarships for Masters Students 2024, 12. Eiffel Excellence Scholarship Program (France) Introduction The Eiffel Excellence Scholarship Program was established by the French Ministry for Europe and Foreign Affairs to enable French higher education institutions to attract top foreign students to enroll in their masters and PhD programs. Scholarship Worth The program covers monthly allowance, travel costs, health insurance and cultural activities. Eligibility Criteria Applicants must be foreign nationals and no older than 30 on the date of the selection committee meeting. Required Documents - - Application form - - Academic transcripts/diplomas - - Two recommendation letters Official Website Link Deadline January annually. Opening Window October annually. State of Study All states in France are applicable. 13. Rhodes Scholarships at University of Oxford (UK) Introduction Established in the will of Cecil Rhodes in 1902, the Rhodes is the oldest and perhaps the most prestigious international scholarship program in the world. Scholarship Worth A Rhodes Scholarship covers all university and college fees, a personal stipend and one economy class airfare to Oxford at the start of the Scholarship, as well as an economy flight back to the student's home country at the conclusion of the Scholarship. Eligibility Criteria Rhodes Scholars are chosen for their outstanding scholarly achievements, character, commitment to others and to the common good, and for their potential for leadership in whatever domains their careers may lead. Required Documents - - Application form - - Academic transcripts/diplomas - - Two recommendation letters Official Website Link Deadline October annually. Opening Window June annually. State of Study England. ALSO APPLY : Study-in-USA: University of New Haven Scholarship 2024 14. Endeavour Postgraduate Awards (Australia) Introduction The Endeavour Postgraduate Awards provide full financial support for international students to undertake a postgraduate qualification at a Masters level by coursework or a PhD level by research in any field of study in Australia. Scholarship Worth The scholarships include tuition fees, travel allowance, establishment allowance, monthly stipend, health and travel insurance. Eligibility Criteria To be eligible, applicants must be from participating countries and regions. Required Documents - - Application form - - Academic transcripts/diplomas - - Two recommendation letters Official Website Link Deadline November annually. Opening Window April annually. State of Study All states in Australia are applicable. 15. Swedish Institute Study Scholarships (Sweden) Introduction The Swedish Institute provides scholarships in Sweden to highly-qualified international students from developing countries who want to pursue full-time Masters studies at Swedish Universities. Scholarship Worth The scholarship covers tuition, living expenses, some travel grant, and insurance. Eligibility Criteria Applicants must be from an eligible country and have at least 3,000 hours of experience from full-time/part-time employment, voluntary work, paid/unpaid internship, and/or position of trust. Required Documents - - Application form - - Motivation letter - - CV - - Two letters of reference - - Valid and completed proof of work and leadership experience - - Copy of valid passport Official Website Link Deadline February annually. Opening Window December annually. State of Study All states in Sweden are applicable. 16. ADB-Japan Scholarship Program for Asians and Pacific Islanders (Various Countries) Introduction The Asian Development Bank-Japan Scholarship Program (ADB-JSP) aims to provide an opportunity for well-qualified citizens of ADB's developing member countries to undertake postgraduate studies in economics, management, science and technology, and other development-related fields at participating academic institutions in the Asian and Pacific Region. Scholarship Worth The ADB-JSP provides full tuition fees, a monthly subsistence and housing allowance, an allowance for books and instructional materials, medical insurance, and travel expenses. Eligibility Criteria Applicants must be a national of an ADB borrowing member and have gained admission to an approved MA/PhD course at an academic institution. Required Documents - - Application form - - Academic transcripts/diplomas - - Two recommendation letters Official Website Link Deadline Varies per institution. Opening Window Varies per institution. State of Study Various countries in the Asian and Pacific Region. 17. Aga Khan Foundation International Scholarship Programme (Various Countries) Introduction The Aga Khan Foundation provides a limited number of scholarships each year for postgraduate studies to outstanding students from developing countries who have no other means of financing their studies. Scholarship Worth The scholarships are 50% grant and 50% loan. The Foundation assists students with tuition fees and living expenses only. Eligibility Criteria Applicants must be nationals of countries where the Aga Khan Development Network has significant development programs. Required Documents - - Application form - - Academic transcripts/diplomas - - Two recommendation letters Official Website Link Deadline March annually. Opening Window January annually. State of Study Various countries. 18. OFID Scholarship Award (Any Country) Introduction OFID (The OPEC Fund for International Development) offers a fully-funded scholarship to qualified applicants who wish to study for a Master’s degree in an accredited University around the world. Scholarship Worth The scholarships include full tuition cost, including supplementary examination, re-sit, deferral and appeal fees, health insurance, round-trip travel, and a monthly allowance to cover living expenses. Eligibility Criteria Must be between the ages of 23-32 at the time of submitting his/her application. Must have obtained or be on the verge of completing their undergraduate degree with a Baccalaureate from an accredited college/university, or its equivalent. Required Documents - - Completed on-line application form - - A recent photograph - - Curriculum Vitae (CV) - - Two recommendation letters - - Bachelor’s certificate/transcript - - Acceptance letter into postgraduate program Official Website Link Deadline April annually. Opening Window January annually. State of Study Any country where there is an accredited university which offers the desired field of study for the applicant. 19. Rotary Peace Fellowships (Various Countries) Introduction Each year, Rotary selects up to 100 individuals from around the world to receive fully funded academic fellowships at one of our peace centers. Scholarship Worth The scholarships cover tuition and fees, room and board, round-trip transportation, and all internship and field-study expenses. Eligibility Criteria Applicants must have a bachelor's degree, with strong leadership skills and potential as a peacebuilder. Also, they must have a minimum of three years of related full-time work or volunteer experience, and proficiency in English. Required Documents - - Application form - - Academic transcripts/diplomas - - Two recommendation letters Official Website Link Deadline May annually. Opening Window February annually. State of Study Various countries including USA, Japan, UK, Australia, Sweden, Thailand. 20. Schwarzman Scholars Program at Tsinghua University (China) Introduction Designed to prepare the next generation of global leaders, Schwarzman Scholars is a program that offers Master’s degree scholarships at Tsinghua University in Beijing – one of China’s most prestigious universities. Scholarship Worth The extraordinary students selected to become Schwarzman Scholars will receive a comprehensive scholarship that includes tuition fees, room and board, travel costs, an in-country study tour, required course books and supplies, a laptop and smartphone, health insurance, and a personal stipend. Eligibility Criteria Applicants who are currently enrolled in undergraduate degree programs must be on track to successfully complete all degree requirements before August 1 of their Schwarzman Scholars enrollment year. Required Documents - - Online application - - Resume (2-page maximum) - - Transcripts/Academic Records - - Essays (2) - - Letters of Recommendation (3) Official Website Link Deadline September annually. Opening Window Applications typically open in April. State of Study Beijing, China. 21. University of Melbourne Graduate Research Scholarships (Australia) Introduction The Graduate Research Scholarship was established by the University of Melbourne and is awarded to high achieving domestic and international research students. Scholarship Worth The scholarship provides fee offset, living allowance, relocation grant, and overseas student health cover. Eligibility Criteria To be eligible for this scholarship, you need to have applied for and meet the entry requirements for a graduate research degree at the University of Melbourne, or be currently enrolled in a graduate research degree at the University of Melbourne. Required Documents - - Application form - - Academic transcripts/diplomas We hope you found this article helpful. If you have any questions, thoughts, or experiences you’d like to share, we encourage you to leave a comment below. Also, don’t forget to subscribe to more update via the bell icon. Disclaimer: Scholarshint is an independent publisher, The information provided is for educational purposes only and we encourage you to seek more clarified details from the source official website. Read the full article

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pressgisttv · 2 years ago

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Clark University Presidential Scholarships 2022/2023 for Undergraduate International Students (Fully-funded) – USA

Clark University Presidential Scholarships offers undergraduate international students funding through the very prestigious programme, the Liberal Education and Effective Practice (LEEP). (more…)

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rickhorrow · 6 years ago

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10 to watch: Mayor’s Edition FOR THE WEEK OF JULY 30

10 TO WATCH: RICK HORROW’S TOP SPORTS/BIZ/TECH/PHILANTHROPY ISSUES FOR THE WEEK OF JULY 30 with Jamie Swimmer & Jesse Leeds Grant

This year’s MLB All-Star Game in Washington, D.C. generated a record $44.8 million in ad revenue. According to Marketing Dive, despite low viewership numbers on FOX, ad revenue for baseball’s mid-season All-Star Game surpassed that of any other major league sport this past year. In comparison, “the 2018 NBA All-Star Game in February brought in $43.9 million, the 2018 NFL Pro Bowl in January generated $3.9 million in ad revenue and the 2017 Major League Soccer All-Star Game generated $1.6 million.” Baseball tends to have an older viewership crowd with more fans attracted to traditional television as opposed to digital streaming which is one reason that advertisers are still motivated to purchase ad space at high and expensive rates. The All-Star Game’s top advertisers were Softbank, Mastercard, Berkshire Hathaway, Ford, and Exxon; AT&T and Berkshire Hathaway were the two most common advertisers across baseball, basketball, football, and soccer’s all-star classics. The MLS numbers will likely increase exponentially this week, as the league convenes its annual All-Star Game on Wednesday at Mercedes-Benz Stadium in Atlanta against Juventus – a popular new destination featuring a marquee team and the World Cup “bump” will help.

As NFL training camps get underway in earnest, the Miami Dolphins are in line to receive a windfall from local government. According to the Miami Herald, the Dolphins and Miami-Dade County have agreed to an "extension of an existing 20-year subsidy agreement that could deliver the team" an extra $57.5 million in "exchange for moving its training camp from Davie" to a new $70 million facility in Miami Gardens. The original proposal listed on the county commission's agenda had a "more modest boost for the Dolphins as a reward for moving" its headquarters out of Broward County. That original proposal "could have earned the Dolphins" an extra $12 million. But one commissioner "introduced last-minute legislation that dramatically changed the proposal by extending the existing deal for another 10 years," adding $57.5 million to the "potential payout" through 2046. If this move comes to fruition, Dolphins owner Steve Ross will take yet another step towards creating a mini-empire in Miami Gardens, including the soon-to-move Miami Open tennis tournament. The strategy is similar to what the Cowboys have done in Frisco, Texas.

While the 2018 Ryder Cup in Paris just got a lot more interesting with Francesco Molinari’s Open Championship win and Tiger Woods’ top finish, sales for on-course hospitality for the 2020 Ryder Cup at Whistling Straights are booming. According to the Milwaukee Business Journal, sales are "so strong that PGA officials decided to add new options at Whistling Straits to accommodate demand.” The PGA of America sales team has "set October 1 as the target date" for companies to sign letters of intent for corporate hospitality suites and viewing space. 2020 Ryder Cup Director Jason Mengel said that the PGA "already sold out" 65% percent of the Hole 1 Village hospitality suites and has "only a few spots remaining for the 'village' at Whistling Straits’ iconic Hole 17." Mengel said that the PGA "added corporate hospitality to the first tee for the first time ever at a Ryder Cup." The "remaining Hole 1 spots are for 30 guests and cost $185,000." Remaining at the Hole 17 Village are "one 150-guest chalet for $600,000 and a 100-guest chalet for $450,000." To accommodate "more fans in a hospitality setting, the PGA added the 10th-Tee Village." This is a "departure from traditional hospitality areas in that it is designed to create a social atmosphere with a video board and an outdoor bar." The fan experience is paramount in pro sports, and golf is certainly no exception.

Youth on Course, the organization renowned for its record-breaking national growth to provide affordable golf access – continues remarkable growth with state and regional golf association partnerships increasing 120% in the last 18 months. In 2018, more than 41,000 members are on pace to complete 115,000 rounds at 900-plus golf courses nationwide. Now in 26 states, this marks Youth on Course’s largest growth period to date, continuing their upward climb towards their goal of providing $5 golf to kids in all 50 states. At the end of 2017, Youth on Course had 30,000 members across 19 states. According to the National Golf Foundation, golf is an $84.1 billion industry with golfers ages 6-17 making up 11% of all players. In 2017, 2.7 million juniors played golf, an increase of 12.5% since the last time this study was conducted in 2011. In addition to subsidized rounds, Youth on Course also facilitates college scholarships, paid internships, and a caddie program. Since the inception of the scholarship program in 2008, Youth on Course has awarded 222 students with scholarships totaling more than $1.4 million in financial support. The current Youth on Course scholarship retention rate is 98%, with 53 students already graduated. This is an exceptional program that not only provides a strong pipeline for golf industry growth, but will benefit the job market as a whole over time as well.

In addition to hosting the 2026 World Cup, the U.S. could find itself as host for another World Cup in 2027: the Rugby World Cup. According to the London Independent, San Francisco’s AT&T Park recently hosted the Sevens World Cup with more than 100,000 packed into the 41,915-seat stadium. “Hitting 100,000 is terrific, it’s a hugely-supported tournament in San Francisco itself and people have come here and really embraced the event,” said World Rugby CEO Brett Gosper. “I think this is obviously going to be a destination for the World Cup one day.” Similar to soccer, rugby has consistently remained more popular overseas than in the U.S., though hosting a World Cup could flip that script. The next Rugby World Cup is set to be held next year in Japan, with the following one coming in 2023 in France. The 2027 tournament bidding process is expected to come within the next two years, giving the United States time to plan and formalize a potential bid. The U.S. has an excellent track record hosting mega events – this should be no different.

Spanish heavyweight Real Madrid is in the process of raising $467 million capital to fund a massive set of renovations at Santiago Bernabéu Stadium. According to El Confidencial, Real Madrid is currently contacting banks and venture capital funds to source the money, following rival Barcelona’s recent move of contacting preeminent investment bank Goldman Sachs to “provide advising as the club looks to finance renovations to Camp Nou.” The club’s stadium, the Santiago Bernabéu, has a current capacity of 81,044 and is one of soccer’s grandest stages, having been constructed in 1947. The club “has to approach banks and private equity funds after the collapse of a deal it had with IPIC, which was going to provide the capital for the project in exchange for naming rights to the stadium.” One of the wealthiest clubs and biggest brands in international soccer, Real Madrid is not expected to have much difficulty securing the funding.

Formula 1 launches tech and business education series with MIT. Formula 1 is partnering with the Massachusetts Institute of Technology to teach executives about technology and innovation on race days. Formula 1 and MIT will jointly create a technology and education series, the F1 Extreme Innovation Series with MIT Sloan Executive Education. The program will be held at select Formula 1 races and will give business executives around the world the chance to learn from F1 experts and MIT management school faculty researchers. According to F1, the program aims to lift the lid on the leading motorsport series’ high-performance environment to benefit business leaders. Sean Bratches, Formula 1’s managing director of commercial operations, said the racing league can teach business executives how it has been able to use “rapid innovation” to remain competitive in the crowded motorsports space and how to “embed F1-level innovation within their business.” “Formula 1 has not just been a sporting triumph, but a blueprint for business success as well,” Bratches said. “On-track performance from our teams relies on relentless technological innovation that corporations can learn from.” Subjects on the F1 Extreme Innovation Series agenda include how to gain an edge amid intense competition, how to build a winning platform, how to build a loyal customer base, and how to exercise resilience to succeed.

Microsoft brings esports to Special Olympics. Microsoft has been a major collaborator with the Special Olympics since 2014 by donating its time, money, and technology to the organization. This year, though, the technology company took on a much larger role as a premier partner, and brought something entirely new and innovative to the relationship: the addition of an esports tournament. Held at the University of Washington in Seattle earlier this summer, the inclusion of the Xbox Gaming Tournament featuring “Forza Motorsport 7” marked the first time that video games and esports were able to be included in the Special Olympics USA Games. The Special Olympics Games exist specifically to “serve as a catalyst for inclusion that showcases the power and joy of sports at the highest level, and create a community where people with disabilities are fully welcomed and valued.”

Cornell hockey game raises $120,000. The fourth annual Racker Rivals Big Red game raised more than $120,000 dollars for charity. The exhibition hockey game was played on July 14 in front of 2,000 fans at Lynah Rink. The game featured a star-studded lineup including Hockey Hall of Famers and several NHL and Cornell Hockey alumni. Among the participants were three-time Stanley Cup champion Joe Nieuwendyk, U.S. Olympic captain Brian Gionta, and U.S. Hockey Hall of Fame inductee Mike Richter. More than $120,000 will go to Franziska Racker Centers, an Ithaca-based organization, that has been supporting individuals with disabilities and their families for 70 years by offering opportunities to learn and be connected with others, and fostering an environment of inclusion, where all people know they belong. “I’ve been involved on many levels with this organization since my days of playing as a student athlete,” Topher said. “We hope this grows to be one of the community’s most well-attended philanthropic events.”

10.INFINITI donates millions through NCAA partnership. INFINITI is proud to announce it has donated $1,160,680 to charitable organizations as part of the brand’s ongoing corporate partnership with the NCAA and the National Association of Basketball Coaches (NABC). Phil O’Connor, director of Marketing Communications and Media at INFINITI Americas, presented the checks to the winning philanthropies at INFINITI’s North American headquarters. INFINITI also donated an additional $349,000 to multiple charities individually selected by participating NCAA Division I men’s basketball coaches through the INFINITI Coaches’ Charity Challenge, in which fans voted for their favorite coaches on social media and online. Head coach Dave Rose of Brigham Young University won the challenge, and $100,000 was donated to Simmons Center for Cancer Research at BYU. “We’re proud to partner with INFINITI, the NABC and our NCAA coaches on the INFINITI Coaches’ Charity Challenge, which provides funding to organizations who in turn help individuals in need,” said Ellen Lucey, director of NCAA championships and alliances, corporate relations, marketing and branding. “The charity challenge is a great example of how the NABC and INFINITI support coaches around our NCAA men’s basketball tournament.”

#10 #10towatch

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9jacompass · 2 years ago

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Study in USA: Daemen College Presidents Scholarship 2023/2024-Apply -Now

Daemen College Presidents Scholarship for International students: To attract academically outstanding students, Daemen College, USA is awarding the Presidents Scholarship for international students. This scholarship is highly competitive and available to undergraduate and graduate students who wish to enroll in a degree program at the University. This prestigious scholarship is awarded annually…

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freewhispersmaker · 7 years ago

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plz follow all the question and go through it it has a chart so do not forget that one

QUESTION `1. [6 + 8 = 14 Marks.]

This is a two period certainty model problem.

Assume that William Brown has a sole income from Bobcat Ltd in which he owns 12% of the ordinary share capital.

In its financial year 2016-17 just ended, Bobcat Ltd reported net profits after tax of $600,000, and announced its net profits after tax expectation for the next financial year, 2017-18, to be 25% higher than this year’s figure. The company operates with a dividend payout ratio of 70%, which it plans to continue, and will pay the annual dividend for 2016-17 in mid-August, 2017, and the dividend for 2017-18 in mid-August, 2018.

In mid-August, 2018, Jack wishes to spend $100,000, which will include the cost of a new car.. How much can he consume in mid-August, 2017 if the capital market offers an interest rate of 9% per year?

QUESTION 1 continued.

This question relates to the valuation of shares.

Big Ideas Ltd has just paid a dividend of $1.20 a share. Investors require a 12% per annum return on investments such as Big Ideas. What would a share in Big Ideas Ltd be expected to sell for today (August, 2017) if the dividend is expected to increase by 20% in August, 2018, 15% in August, 2019, 10% in August, 2020 and thereafter by 5 per cent a year forever, from August, 2021 onwards?

QUESTION 2. [(4 + 6) + (4 + 4 + 4 + 4 + 4) = 30 Marks]

This question relates to the time value of money and deferred perpetuities.

Colin Greenway attended Bunyip High School in the 1970s. After leaving school, Colin became a successful entrepreneur and is now very wealthy. He wishes to establish a perpetual scholarship fund which will provide $10,000 a year, payable to five high performing students at Bunyip High School each year in Year 12, that is, $50,000 a year, starting in early 2020. It is now early 2017. The High School Principal believes that the required funds can be invested at 5 per cent a year in perpetuity.

What is the present value in early 2017 of the whole income stream, and thus the amount which Colin must contribute to establish the fund?

The High School Principal, while most appreciative of Colin’s great generosity, mentions that fees at Bunyip High are rising on average by 3 per cent every year because of inflation, and that in several years, $10,000 will not be enough to keep a student in year 12 for a whole year. Colin decides that he will increase the amount to establish the fund so as to provide for increases in the scholarship amount by 3 per cent a year in perpetuity, the first increase occurring in early 2021. How much extra (above the amount calculated in i) above, will Colin need to contribute in early 2017 so as to provide for these inflation increases forever?

[HINT: Consider a formula similar to the dividend growth model.]

QUESTION 2 continued.

This question relates to loan repayments and loan terms.

Ron and Robin Reid wish to borrow $540,000 to buy a home. The loan from Biggles Bank requires equal monthly repayments over 20 years, and carries.an interest rate of 7.8% per annum, compounded monthly. The first repayment is due at the end of the first month.

You are required to calculate:

the effective annual interest rate on the above loan.

the amount of the monthly repayment (consisting of interest and principal repayment components) if the same amount is to be repaid every month over the 20 year period of the loan.

the amount of $X, if – instead of the above – Biggles Bank agrees that Ron and Robin will repay the loan by paying the bank $3,300 per month for the first 12 months, then $3,750 a month for the next 12 months, and after that $X per month for the balance of the 20 year term.

QUESTION 2 b) continued.

how long (in years and months) it would take to repay the loan if, alternatively, Ron and Robin decide to repay $2,500 per month, with the first repayment again being at the end of the first month after taking the loan, and continuing until the loan was repaid.

under option iv) above, the amount of the final repayment. [NOTE: Towards the end of the loan repayment period, after the final full monthly instalment of $2,500 is paid, a lesser amount is likely to be outstanding. That amount, plus interest to the end of the following month, is the final loan repayment amount.]

QUESTION 3. [(2 + 3 + 3 + 4 + 3 + 3) + (6 + 2 + 4) = 30 marks]

This question relates to alternative investment choice techniques

Stanley Livingstone is considering the following cash flows for two mutually exclusive projects.

Year Cash Flows, Investment X ($) Cash Flows, Investment Y ($)

0 -40,000 -40,000

1 12,000 18,000

2 18,000 18,000

3 27,000 18,000

You are required to answer the following questions:

If the cash flows after year 0 occur evenly over each year, what is the payback period for each project, and on this basis, which project would you prefer?

IN THE REMAINING PARTS, ASSUME THAT ALL CASH FLOWS OCCUR AT THE END OF EACH YEAR.

Would the payback periods then be any different to your answer in i)? If so, what would the payback periods be?

QUESTION 3 a) continued.

Sketch freehand the net present value (NPV) profiles for each investment on the same graph. Label both axes and the NPV profile for each investment

Calculate the internal rate of return (IRR) for each project and indicate them on the graph. [NOTE: It is satisfactory if the approximate IRR is calculated for Investment X by trial and error, and stated as a percentage correct to the nearer whole number. The IRR for Investment Y should be calculated as a percentage exactly, correct to 1 decimal place.]

QUESTION 3 a) continued.

Calculate the exact crossover point and indicate it on the above graph.

State which of the investments you would prefer, depending on the required rate of return (i.e., depending on the discount rate).

This question relates to the valuation of bonds.

Bradley White, a retired school teacher, has two 6 per cent per annum $100,000 Australian Government bonds that mature on 15 August, 2020 and 15 August, 2023 respectively. At the date of the last half-yearly interest payment, viz., 15 February, 2017, both bonds were selling at par.

Since then, interest yields on bonds have risen by 2% per annum, compounded half-yearly. Bradley now intends to sell the bonds and put a deposit on a suburban townhouse.

Calculate the price he will receive from each bond if he sells on 15 August, 2017 at the new yield, immediately after receiving the interest payments due that day.

QUESTION 3 b) continued.

Explain the relative price movements in the two bonds, as evidenced in your answer to i) above.

Suppose that Bradley defers buying the bonds for 84 days, that is until 7 November, 2017. How much will he pay for each bond on that day? [NOTE: Between the bond interest due dates from mid-August to mid-February is 184 days, during which time interest accrues on a compound basis.]

QUESTION 4. [24 + 2 = 26 marks].

This question relates to capital budgeting.

Perth Projects Ltd is considering the purchase of new technology costing $600,000, which it will fully finance with a fixed interest loan of 10% per annum, with the principal repaid at the end of 4 years.

The new technology will permit the company to reduce its to reduce its labour costs by $200,000 a year for 4 years, and the technology may be depreciated for tax purposes by the straight-line method to zero over the 4 years. The company thinks that it can sell the technology at the end of 4 years for $30,000.

The technology will need to be stored in a building, currently being rented out for $40,000 a year under a lease agreement with 4 yearly rental payments to run, the next one being due at the end of one year. Under the lease agreement, Perth Projects Ltd can cancel the lease by paying the tenant (now) compensation equal to one year’s rental payment plus 10%, but this amount is not deductible for income tax purposes.

This is not the first time that the company has considered this purchase. Twelve months ago, the company engaged Marvel Consultants, at a fee of $30,000 paid in advance, to conduct a feasibility study on savings strategies and Marvel made the above recommendations. At the time, Perth P:rojects did not proceed with the recommended strategy, but is now reconsidering the proposal.

Perth Projects further estimates that it will have to spend $20,000 in 2 years’ time overhauling the technology. It will also require additions to current assets of $30,000 at the beginning of the project, which will be fully recoverable at the end of the fourth year.

Perth Projects Ltd’s cost of capital is 10%. The tax rate is 30%. Tax is paid in the year in which earnings are received.

REQUIRED:

Calculate the net present value (NPV), that is, the net benefit or net loss in present value terms of the proposed purchase costs and the resultant incremental cash flows.

[HINT: As shown in the text-book, it is recommended that for each year you calculate the tax effect first, then identify the cash flows, then calculate the overall net present value.]

QUESTION 4 a) continued.

Should the company purchase the technology? State clearly why or why not.

END OF ASSIGNMENT QUESTIONS

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The post solution appeared first on Academic Writers BAy.

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scholarshint · 1 year ago

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List of Fully Funded Scholarships for Masters Students 2024

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