nextLeap launches 'Scholarship Finder' for MS students

Top Quote nextLeap's giant leap with 'Scholarship Finder'. New 'Scholarship Finder' tool by US returned Indians will connect deserving students to several scholarships for studying in United States. End Quote
  • (1888PressRelease) January 22, 2011 - Pune - nextLeap, a Pune-based organization started by US university graduates has launched Scholarship Finder, an advanced recommendation engine that will help students and other young professionals aspiring for an MS degree in the USA find scholarships with ease. nextLeap's engine uses sorting and filtering algorithms to suggest scholarships and even sends timely reminders to students about approaching deadlines.

    A recent study by nextLeap shows that a meager 5% of students applying for scholarships know about more than 2 scholarships, whereas there are more than 50 scholarships worth a total of around Rs 10 crore up for grabs. There are various kinds of scholarships like interest free loans, travel grant and fellowships which cover tuition fee etc. nextLeap's Scholarship Finder tool will help students zero in on scholarships using detailed eligibility criteria, while sorting via deadline and amount. Interested students can chose to get reminders in their mail inbox and also share the scholarships amongst their friends on social networks such as Facebook and Twitter. Students can go to http://scholarship.yournextleap.com and register using their Facebook accounts.

    "Our mission at nextLeap is to better the way millions of students and young professionals approach their career, and we are very excited with our new initiative which will redefine the way students arrange funds for their dream higher education. Many deserving applicants lose out on opportunities as they miss out on deadlines and are not aware of all scholarship programs. Backed by strong research amongst students and scholarship trusts, the Scholarship Finder is designed to benefit students." said Suruchi Wagh, Founder of nextLeap. "Timely and optimized actions are of the essence here. Some scholarships like J.N. Tata Endowment and K.C. Mahindra etc. have deadlines as early as February. Also there are myths like students need admit letters to apply for scholarships, while most just require proof of application." she added.

    An average MS degree which is a 2 year program in the US can cost about 18 lakhs, and most of the applicants face difficulty in arranging the funds required for the degree program. The Scholarship Finder will help in educating an applicant about the scholarship process and help them find funds and support their education expenses in USA without going through long drawn processes of bank loans.

    About nextLeap

    nextLeap is a Pune-based organization, started by first-generation entrepreneurs, which aims at helping students and young professionals map their "career graph" and make optimal academic and career decisions. More at www.yournextleap.com

    nextLeap has already launched their first suite of products to help Indian engineering students short-list the right American Universities, and manage their application process for those universities and connect with fellow applicants using forums and other social elements.

    nextLeap has previously launched tools like University Suggestor, Predictor and Application Planner which helps students to narrow down on US universities of their choice and plan their application process to decrease the burden. These tools use historical admission patterns and mathematical models to churn out relevant suggestions to users. For more visit - http://yournextleap.com

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