Global Universities of Boston recognize the importance of making higher education accessible to students from economically weaker sections of society, especially those hailing from underdeveloped and developing nations. We have a variety of financial aid programs, scholarships, grants, and other forms of support to reduce the financial burden on these students. Here's an overview of how such support structures typically work and what students can look for:

• Needs-Based Scholarships: Target students who cannot afford the cost of higher education. Applicants must usually demonstrate their financial need through detailed applications.

• Merit-Based Scholarships: Awarded based on academic achievements, leadership qualities, sports excellence, or artistic talents, without regard to the student's financial situation.

• Country-Specific Scholarships: Some scholarships are specifically designed for students from certain countries, particularly those in underdeveloped regions, to encourage a diverse student body.

• Grants: Unlike loans, grants are typically need-based and do not have to be repaid. They are often funded by government bodies, institutions, or private organizations. 

• Fellowships: Usually merit-based and more common at the graduate level, fellowships support students and researchers. 

• Low-Interest Educational Loans: Offered by some governments and institutions to students from developing countries, these loans have more favorable terms than standard loans.

• Microfinance Institutions: Provide small, low-interest loans to students in developing countries who may not have access to traditional banking services.

Tips for Finding Financial Aid

Research Early: Start looking for scholarships and financial aid opportunities well in advance 

Look for External Funding: Besides university-provided financial aid, search for scholarships offered by governments, NGOs, and international organizations.