The Impact of the Freeze on Indian Students
The US State Department’s decision to freeze funding for Fulbright and other scholarships has sent shockwaves across the academic community in India. Thousands of students who had applied for these prestigious programs are now facing uncertainty about their future. The freeze has left many students feeling frustrated and disappointed, as they had been counting on these scholarships to pursue their academic and professional goals in the US. • The Fulbright program is one of the most prestigious scholarships in the US, offering students the opportunity to study, research, or teach in the US for a year or more. • The program is highly competitive, with thousands of applications received each year.
During her tenure at the University of Michigan, Shreya participated in several academic programs, including the English Department’s Research Seminar in American Studies and the University of Michigan’s Writing Center. She was also involved in the University of Michigan’s Writing Workshop, where she honed her writing and editing skills.
The impact of COVID-19 has made it difficult for international students to maintain their financial stability, and the increasing cost of living in the US has worsened the situation. According to a survey, 80% of international students in the US reported that they had to take on a second job to make ends meet. This has resulted in students dropping out of their programs. It’s not just about the money; it’s about the pressure to perform, said Khandelwal. If you can’t afford to stay, it’s a huge moral dilemma. The rising cost of living in the US has made it increasingly difficult for students to sustain themselves. The average cost of living in the US is $1,300 per month for a single person, with housing costs accounting for 30-40% of this amount. This makes it difficult for students to afford basic necessities like food and transportation. The average monthly salary for a part-time job in the US is around $1,000-$1,200. This means that students have to work multiple jobs to make ends meet, often sacrificing their academic performance and overall well-being. The financial burden can also lead to stress and anxiety, further exacerbating the mental health issues faced by international students. Collegify is a platform that aims to provide financial assistance and emotional support to international students. The cofounder, Adarsh Khandelwal, has a personal connection with the struggles of international students. He himself had to drop out of his own US program due to financial constraints. Khandelwal believes that the issue of financial instability is not unique to international students, but also affects domestic students.
The program is designed to support students from low-income backgrounds who are pursuing higher education in the United States. The Gilman Program is a highly competitive scholarship that provides students with the opportunity to study abroad in the United States. The program is open to students from all over the world, including those from low-income backgrounds.
The Impact of the Freeze on Students
The sudden and unexpected freeze has left students in a state of panic, scrambling to find alternative sources of heat and warmth. The harsh reality of the situation has forced many to reevaluate their priorities and make difficult decisions about how to allocate their limited resources. • Students are being forced to choose between paying their rent/mortgage and buying food, highlighting the stark contrast between the privileged and the less fortunate. • Many students are turning to crowdfunding campaigns to raise money for basic necessities like heating oil and electricity.
It’s not just about sending out scholarships, it’t’s about the kind of education system that we’re building, she says. If we’re sending out 350 students to study abroad, that means we’re not doing it right here. The Fulbright program has also created a culture of excellence in India. We want to create an environment where Indian students feel that they’re competing with the best of the world, she says. And that’s where the US is. So, we want to create that kind of competition, that kind of pressure, that kind of excellence. To achieve this, Khandelwal’s team has developed a range of programs and initiatives to support Indian students. These include the Fulbright-India Initiative, which provides scholarships to Indian students to study in the US, as well as a range of other programs that support students in India, such as the Fulbright-India Teacher Exchange Program and the Fulbright-India Research Program. These programs aim to promote cultural exchange, academic excellence, and research collaboration between Indian students and US institutions. By supporting students in India and encouraging them to study abroad, Khandelwal’s team hopes to create a culture of excellence and competitiveness in Indian institutions.
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The Probe into IndusInd Bank and the Fallout
The Securities and Exchange Board of India (SEBI) has launched an investigation into the promoters of two listed firms, including IndusInd Bank. This move is part of SEBI’s efforts to maintain transparency and accountability in the Indian capital markets. IndusInd Bank, one of the largest private sector banks in India, has seen its shares plummet 36% in response to the probe.
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