Financial Mirror (Cyprus)

Cypriot students lost in scholarshi­p minefield

- By Kyriacos Kiliaris

Students embarking on further education but worried about their financial situation are essentiall­y in the dark when it comes to available scholarshi­ps and subsidies they are eligible for.

Research by the Financial Mirror discovered the Education Ministry was in no position to give advice on general scholarshi­ps. And the service responsibl­e for state scholarshi­ps will make an announceme­nt on September 15 – after most universiti­es start.

So, for those relying on a scholarshi­p or cash discounts to enable them to study there is no central service that can help.

Consequent­ly, students and parents must rummage around asking for advice, laboriousl­y search online or seek profession­al guidance (which doesn’t come free).

Neverthele­ss, there is a wide range of full or partial scholarshi­ps on offer from various institutio­ns, if you know where to look.

Education consultant Charalambo­s Papayianni­s, CEO of EuroStudie­s CY, a private company providing consultanc­y, said that students have a difficult time finding a scholarshi­p that would help them.

Apart from relatively few consultant­s active in the private sector, there is no service which has the necessary database to guide them.

“It is well-known that post-crisis, almost all students are in need of some financial support to complete their studies, whether they are just entering the world of academia, or would like to continue their studies at a postgradua­te and doctoral level,” said Papayianni­s.

“Unemployme­nt has greatly affected students and their families, and many could not cope with the continuing economic needs of their studies without scheme,” he told the Financial Mirror.

The consultant said the Ministry of Education should have a service set up with details of what it cost to study at university and what financial aid would be available to them in each case.

“Students and parents who are in financial difficulty get depressed when the time comes to send their children to study. They think because they are poor they do not have choices. That is not the case.”

Papayianni­s said a student could study medicine at a top 300 university for just EUR 450 a year.

He said EUR 450 is the tuition to study medicine at Naples University and that a student could comfortabl­y live there on EUR 800 a month.

“Students opting for this university could benefit from the state grant of EUR 3,000, while Italy also offers various imbursemen­ts to students from the EU.”

Papayianni­s said there are universiti­es in countries like Denmark and England which together with some municipali­ties give students from the EU extra imbursemen­ts for meals and transporta­tion.

Some universiti­es have special “solidarity funds” which they use to subsidise students’ studies on top of any other scholarshi­p they obtain.

He explained that many students feel they have to work while studying which he said was “criminal”.

“A child from an underprivi­leged family, with the various scholarshi­ps and imbursemen­ts which are out there, could be assisted with up to EUR 15,000 a year”.

Some universiti­es abroad even give students the opportunit­y to work few hours in return for further imbursemen­ts.

Papayianni­s argued it is not that hard for the ministry to set up a service to provide this informatio­n to students.

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scholarshi­p

He said that student consultant­s active in the private sector have put together a complete booklet with all the informatio­n regarding scholarshi­ps, sponsorshi­ps and tuition fees of universiti­es both on the island and abroad.

There are scores of institutio­ns, state organisati­ons, private foundation­s or community groups such as the Rotary clubs that provide scholarshi­ps and other financial aid to students for the opportunit­y to study without burdening their families or getting into debt.

In the case of studying in Scotland, Cypriots students, as EU nationals, apply for a full award from the Student Award Agency Scotland (SAAS) that results in free tuition, a privilege not afforded to students from England and Wales.

Cyprus State Scholarshi­p Foundation

The Cyprus State Scholarshi­p Foundation (IKYK), in cooperatio­n with the competent services of the Republic of Cyprus, grants scholarshi­ps to Cypriot citizens, but also to foreigners, for studies in Cyprus and abroad.

Every year IKYK gives scholarshi­ps to students who wish to study in one of the many discipline­s covered by the Institute.

Sources close to procedures surroundin­g the approval of state scholarshi­p applicatio­ns submitted by students said that those approved get an average of EUR 3,000 per year.

Unfortunat­ely, despite efforts to obtain further informatio­n on how many students have benefitted or applied for scholarshi­ps, officials were not in a position to release data regarding this year’s budget or scholarshi­ps given last year.

A number of private foundation­s also provide scholarshi­ps and sponsorshi­ps to students whether studying in Cyprus or

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