Tag: international

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GradRight and Prodigy Finance come together to support Rohit’s dream of international higher education

HYDERABAD, India, Jan. 21, 2022 /PRNewswire/ —

When aspirations have been threatened by Covid-19

Rohit grew up in a humble, center class family. From his childhood days, he dreamt of researching at a top rated university in the US. Like most of his peers, he done his Bachelor’s degree in Engineering, uncovered a work in the IT sector in India, and bided his time to find the appropriate instant to utilize overseas. He realized that funding his analyze abroad dream would be a problem, but he was determined to do the job challenging and choose up a loan if necessary. Just as he was about to take the plunge, the pandemic struck, his father misplaced his position, and the family’s fiscal situation deteriorated. But Rohit remained fully commited to his desire.

Right before the pandemic struck, almost 600,000 college students had been issued scholar visas to study abroad in 2019. Irrespective of a momentary slump owing to Covid journey limitations, the trajectory of Indian pupils learning overseas continues to be potent. The number of learners who deal with to vacation overseas kind a skinny slice of the significant pool of aspirants organizing to analyze abroad from their teenage decades. Most learners overlook out on their plans due to the steep price of an international education and learning. Students hailing from humble backgrounds lack personalized monetary resources as effectively as the fiscal know-how to navigate the earth of education and learning loans and scholarships. Rohit observed himself in a comparable placement in 2020.

GradRight opens the doorways to Prodigy Finance for Rohit

Inspite of the issues, Rohit kept himself determined, well balanced his task with studying and arranging, took the GRE, scored effectively, utilized to his desire universities in the US, and acquired accepted to 3 of them. He was self-confident of his educational qualities and brought himself therefore far. Even so, he wasn’t perfectly versed with the inefficiencies of the Indian schooling loan marketplace and acquired turned down for loans by five unique lenders. When some expected collateral, some cited weak credit record. A several explained that his father was not a trustworthy guarantor as he experienced dropped his work. Dejected, Rohit was about to give up. But with a stroke of good fortune, he stumbled upon GradRight. The workforce guided him on how he could leverage his tutorial profile and admissions presents to safe a collateral no cost bank loan with associates like Prodigy Finance.

Prodigy Finance goes the more-mile, more rapidly than any one else

Whilst all other banks had taken 1-1.5 months to procedure and sooner or later reject Rohit’s loan purposes, his schooling mortgage obtained accepted by Prodigy Finance in a few of days. Prodigy Finance is just one of the pick number of tech-driven, scholar-centric lenders which presents approvals to deserving students in a make a difference of minutes. By GradRight’s schooling financial loan bidding system, Rohit gained 3 more mortgage gives, but he selected Prodigy Finance as it supplied him the most affordable charge of desire and the greatest service encounter. “I am immensely grateful for the assist that GradRight and Prodigy Finance have extended to support me realize my aspiration of finding out at my desire college in the United states. Platforms like these provide hope in the life of students who uncover the present monetary process cumbersome. The whole approach was unbelievably easy to follow. I hope that far more aspirants like me can thoroughly make use of this sort of platforms,” states Rohit.

Rohit’s induce for celebration did not stop listed here. Both equally GradRight and Prodigy Finance recognize how youthful India’s aspirations to review overseas are generally crushed by the existing paradigm of instruction loans and funding. The Co-Founder of GradRight, Mr. Aman Singh, states, “We, at GradRight, realize how crucial a examine overseas opportunity is for pupils to enjoy social mobility. To do absent with the prevailing information asymmetry, GradRight aims to associate with college students, universities, and fiscal establishments like Prodigy Finance to soothe palpable stress and anxiety and uncertainty pertaining to the crucial determination of choosing a university and subsequently funding partners. Eventually, we have designed a a single-of-its-type ed-tech system that guarantees ideal results to all of its stakeholders.“

To really encourage Rohit and other folks from similarly humble backgrounds to continue to be committed to their goals, they presented Rohit a scholarship worth USD 5,000. Heading forward, GradRight and Prodigy Finance keep on being fully commited to featuring scholarships to vibrant, youthful minds like Rohit in 2022.

“If you analyse the various Indians who are currently main worldwide businesses, an evident recipe arrives to gentle. A greater part of these visionary leaders, right after finishing their undergraduate experiments in India, stepped out of their comfort zones and chose to analyze abroad. The knowledge of performing with the finest, introduced out their A activity and enabled them to achieve phenomenal achievements. We at Prodigy Finance intention to unlock this potential for learners from 100+ nations around the world across the world, such as from India,“ claims, Mayank Sharma, Region Head – India, Prodigy Finance.

These days, Rohit is pursuing his master’s diploma in electrical and computer system know-how at Ohio State College. Coming from a center course qualifications, he is grateful for the mentorship and fiscal help provided by GradRight and Prodigy Finance. He smiles generously and shares his options for the upcoming – he wants to be an entrepreneur much too. He claims, “I definitely feel that I am privileged to study at this kind of an esteemed establishment. By utilizing the expertise I will generate as a result of the worldwide publicity and environment-class curriculum, I would like to enable others transfer up the social and financial ladder through my entrepreneurship skills. If my encounter can make a change in the life of folks who are hustling for work and schooling chances, I would have achieved my reason.”

About GradRight

GradRight is an ed-fin-tech startup concentrated on world greater training. We are dedicated to enabling world youth aspirations by serving to college students uncover the “correct education and learning” at the “correct price.” Because September 2020, we have acquired about US$500 million in mortgage requests and correctly secured over US$75 million in mortgage approvals for extra than 1600 learners. GradRight is now the one-prevent spot for Indian pupils applying for greater education and learning abroad. GradRight was established in 2019 by Sasidhar Sista, an alumnus of BITS Pilani, and College of Pennsylvania and Aman Singh, an alumnus of  the Indian College of Organization and Indian Institute of Engineering, Delhi. Know far more about us on www.gradright.com

Media Call:

Anand Patinge
[email protected]

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RISE Education Announces Closing of the Sale of Rise (Tianjin) Education Information Consulting Co., Ltd., RISE Education International Limited and Rise IP (Cayman) Limited

BEIJING, Dec. 30, 2021 /PRNewswire/ — Rise Education and learning Cayman Ltd (“Rise” or the “Firm”) (NASDAQ: REDU), right now announced that it has shut its earlier announced sale (the “Sale”), in which, the Enterprise has bought (i) all of the equity passions in Rise (Tianjin) Instruction Facts Consulting Co., Ltd. to Wuhan Xinsili Culture Improvement Co., Ltd. on December 28, 2021 and (ii) all of the equity pursuits in Increase Instruction International Restricted and Increase IP (Cayman) Minimal to Bain Cash Rise Education IV Cayman Restricted on December 30, 2021. On completion of the Sale, the Company has, by its subsidiaries, sold considerably all of its assets.

In relationship with the Sale, on December 30, 2021, the settlement (“Settlement”) with the loan providers (“Creditors”) of the facilities agreement dated March 18, 2021 relating to the phrase and revolving services of up to an mixture total of US$80,000,000 has also been done. As part of the Settlement, all desire in the Edge business enterprise that delivers admission consulting, academic tutoring and test planning services in Hong Kong and Singapore for learners who intend to research overseas has been transferred to a individual nominated by the Loan companies.

For further details of the Sale and the Settlement, you should evaluation the Kind 6-K furnished by the Corporation to the SEC on December 1, 2021.

Risk-free Harbor Assertion

The Company’s push launch may consist of statements of a ahead-on the lookout nature. These statements are designed below the “harmless harbor” provisions of the U.S. Non-public Securities Litigation Reform Act of 1995. You can identify these ahead-searching statements by terminology these types of as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These ahead-hunting statements include known and not known pitfalls and uncertainties and are based on current anticipations, assumptions, estimates and projections about Increase and the market. All details supplied in this press launch is as of the date hereof, and Increase undertakes no obligation to update any ahead-wanting statements to reflect subsequent happening events or instances, or modifications in its expectations, apart from as might be necessary by legislation. Despite the fact that Rise believes that the expectations expressed in these forward-wanting statements are affordable, it cannot assure you that its anticipations will flip out to be correct, and buyers are cautioned that precise effects may possibly vary materially from the predicted effects.

For investor and media inquiries, please get in touch with:

Luna Xing
Rise Education and learning
E-mail: riseir@rdchina.web
Tel: +86 (10) 8559-9191

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Resource Increase Schooling Cayman Ltd

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Nord Anglia Education Launches 8th International Teacher Recruitment Fair

Nord Anglia’s global ‘Outstanding Teachers Outstanding Schools’ recruitment event goes live

LONDON, Nov. 24, 2021 /PRNewswire/ — Nord Anglia Education, the world’s largest premium international schools organisation, has launched its eighth Outstanding Teachers Outstanding Schools (OTOS) recruitment event to attract the best teaching talent for its schools around the globe.

Nord Anglia Education Logo

Nord Anglia Education Logo

First launched in 2014, the annual OTOS event recruits teachers for Nord Anglia’s 76 schools in 31 countries. The international recruitment fair is open to candidates between November 2021 and March 2022, and provides a virtual networking opportunity for all final stage candidates to meet with school leaders and gain in-depth insight into their next career opportunity at one of Nord Anglia’s schools.

Candidates interested in their first, or next, role in international education are invited to apply for hundreds of teaching roles here. In the last year, Nord Anglia welcomed another seven schools to its global family, growing to 76 schools across the Americas, China, Europe, India, the Middle East, and Southeast Asia.

Nurturing talent is at the heart of Nord Anglia’s unique approach to outstanding teaching and learning across its schools. Its renowned professional development programme includes unparalleled opportunities for teachers to benefit from the best in educational approaches, skills training and research, including:

  • Continuous learning and development via Nord Anglia University, a bespoke online learning platform with thousands of learning resources for teachers. Nord Anglia University encourages teachers to connect and collaborate with their peers across 76 schools to enrich their international teaching careers.

  • Career pathway opportunities by developing key leadership and management skills through Nord Anglia’s Middle Leadership Programme and Senior Leadership Programme.

  • Collaborations with world-leading organisations, including MIT, UNICEF, and The Juilliard School to create engaging learning experiences for students both in and outside the classroom.

  • Unique opportunities to earn an Executive Master’s in International Education at King’s College London. Developed in collaboration with Nord Anglia, the part-time master’s programme develops participants’ understanding of effective school leadership in an international education environment.

  • Regular opportunities to move into other exciting roles at one of Nord Anglia’s 76 schools worldwide.

Dr Elise Ecoff, Group Education Director, Nord Anglia Education, said: “Teachers are powerful role models with the potential to shape students’ attitudes, and inspire and prepare them for success in whatever they choose to do or be in life. That’s why at Nord Anglia we attract and develop the best teaching talent by providing outstanding learning and development opportunities so that our teachers thrive and achieve their full potential, while helping our students achieve more than they ever imagined possible.”

As an international schools organisation, diversity and inclusion underpins Nord Anglia’s culture and approach to education. Throughout the organisation, all teachers and school leaders embody and actively promote these values to create a supportive and safe place for all students to thrive. It is what enables Nord Anglia to harness the very best in ideas and perspectives to deliver exceptional learning.

About Nord Anglia Education

Nord Anglia Education (NAE) is the world’s leading premium schools organisation, with 76 schools across 31 countries. Our schools go beyond traditional learning to deliver a high quality, transformational education to 68,000 students from kindergarten through to the end of secondary school. We offer multiple internationally recognised curriculums, including the English Curriculum, the International Baccalaureate, the Swiss Maturité and the US Curriculum, amongst others.

Our global scale enables us to recruit and retain world-leading teachers and to offer our students unforgettable experiences through our partnerships with world-renowned institutions The Juilliard School, the Massachusetts Institute of Technology and UNICEF. As part of the NAE family, every student can connect and collaborate on our bespoke Global Campus platform to bring their learning to life beyond the classroom.

Founded in 1972 in the United Kingdom, initially offering learning services such as English-as-a-foreign-language classes, NAE opened its first international school in 1992: the British School Warsaw. In the 2000s, NAE began a strategic focus on premium international schools, with rapid growth in Asia, the Americas, China, and across Europe and the Middle East. In July 2019, the company relocated its headquarters from Hong Kong to London.

For more information, please visit www.nordangliaeducation.com.

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Sannam S4 Names Haike Manning as Executive Director, Southeast Asia, Acquiring LightPath Consulting’s International Education Services Business In Further Southeast Asia Expansion

Appointment of former New Zealand ambassador and institution of a Vietnam HQ furthering the expansion system and escalating regional skills to the intercontinental training leader’s world-wide footprint

HO CHI MINH Metropolis, Vietnam, Nov. 09, 2021 (Globe NEWSWIRE) — Sannam S4, a top intercontinental training products and services supplier, currently introduced the appointment of the former New Zealand Ambassador Mr. Haike Manning as Government Director, South East Asia and as a result of the acquisition of the training company of LightPath Consulting Team, acquires a presence in Vietnam.

Manning’s appointment and the acquisition of LightPath Consulting Group’s training follow delivers Sannam S4 an set up regional presence in Ho Chi Minh City in Vietnam which right away provides a variety of worldwide education assist products and services to globally bold instruction partners. Manning, in his recently-developed part, will convey many years of knowledge in diplomacy and trade negotiations to the task and will lead Sannam S4’s enlargement in the higher-possible, quickly-rising Southeast Asia location. Manning has been dependent in Vietnam considering that 2012.

“Over the final number of yrs, Vietnam has become the very hot-ticket in the area for schooling chances from K12 by EdTech and Increased Instruction, provided its strong demographic and economic trends. We’ve observed an exponential rise in the number of enquiries for sector entry, strategy or operational aid in the nation, so I am delighted we will now have a strong offering on the floor below Haike’s management. The new Ho Chi Minh Town procedure enhances our South East Asia workplace in Kuala Lumpur flawlessly, featuring the best mixture of a nicely-connected hub metropolis to serve the broader region, with deep on the floor know-how in the most remarkable particular person industry.” – Michael Bartlett, Sannam S4 Handling Director of Schooling

“I am enormously fired up to be signing up for Sannam S4, especially during its recent interval of speedy and ambitious international growth,” mentioned Manning. “Their unmatched knowledge in vital markets have established an industry normal, as does the vitality and dynamism of the corporation.”

Manning educated as a law firm right before signing up for the International Services. Previous offshore assignments involved New Delhi as Deputy Chief of Mission for New Zealand, Performing Consul Normal in Shanghai, and Deputy Chief of Mission in Brazil.

Manning was also a senior trade negotiator for New Zealand at the World Trade Corporation and in the Trans-Pacific Partnership negotiations. Immediately after four decades operating in that potential, he was awarded an ambassadorship to Vietnam, a country Manning exclusively selected because of to its economic probable.

“I could see Vietnam’s compelling progress tale,” Manning stated, “and the possibility to seriously condition New Zealand’s engagement with an emerging Vietnam.”

Throughout his 4 decades as ambassador Manning observed potential for powerful instructional ties in between the two nations. At that time, Vietnamese students ended up opting to study in the US or Australia, so Manning dedicated time messaging and publicising New Zealand’s academic offer. Vietnamese college student numbers to New Zealand grew strongly in the next a long time.

In an acknowledgement of his efforts to advertise schooling linkages, Manning was awarded the Official Medal for the Cause of Instruction by the Vietnamese government.

Manning founded LightPath in 2017, impressed by a vision of developing a bridge in between Vietnam and intercontinental education and learning options.

“Human source development – instruction – is a important part of the puzzle for Vietnam in terms of its foreseeable future growth. There’s an incredible opportunity in this article to help Vietnam in its expansion story through international instruction, and I’m honored to play a aspect in this tale,” explained Manning.

Sannam S4 is the most well-liked world wide husband or wife for strategic and sustainable enlargement in global bigger training. By furnishing area know-how, a international standpoint and data evaluation, we support associates confidently investigate, enter and develop into dynamic, significant-development marketplaces.

FOR Far more Data, Get hold of:

Stacey Lane- Head of Communications
Stacey.Lane@sannams4.com

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5 Ways To Finance Your International Higher Education Degree

Views expressed by Entrepreneur contributors are their have.

You might be looking at Entrepreneur India, an worldwide franchise of Entrepreneur Media.

Amid the COVID-19 pandemic, the market place to review overseas is established to prosper in 2022 and past. There is a surge in demand from students seeking to pursue better instruction in foreign international locations, which have built college students, and their people, rethink how they could finance the cost of a international education.

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Below are 5 means for college students from India to fund their abroad schooling, devoid of breaking the lender.

Family discounts

Throughout the earth, households have been identified to assist their children’s overseas schooling. Having said that, even if family members price savings are readily available, this commonly will come at the cost of depleting the family’s tough-acquired nest egg. Since the price of foreign instruction can be prohibitive, not numerous families in India are in a place to fund the full charge of their child’s schooling in a overseas place. Hence, relatives savings are rarely plenty of to absolutely include the expense of an overseas education and learning. Further more, our study  indicates that woman students are frequently significantly much less possible to have loved ones discounts manufactured readily available to them than their brothers.

Funding college by way of scholarships

Global students should actively seek out scholarship options that could offer a absolutely free (or remarkably discounted) route to a international college. Quite a few universities provide this sort of scholarships as part of their economic help deals, specifically tailor-made for worldwide students. “Full ride” or fully funded scholarships address a student’s entire tuition expenses and residing bills. A number of of these scholarships are also offered by internationally recognized applications and foundations these as The Fulbright Foreign Scholar Program and The Aga Khan International Scholarship Program, amongst other folks. Sites like International Scholarships are meant to assist learners examine scholarship opportunities.

Part-time employment

Nearly every single foreign university provides alternatives for college students to operate on-campus though they are finding out. This could include things like operating with professors or in administrative departments like profession services and admissions. These positions tend to be marketed broadly and the two international and domestic pupils alike are normally welcome to apply.

Pupils doing work component-time should not only harmony work with education, but also what their visas make it possible for. In the US, intercontinental learners are allowed to work up to 20 hours for each week, but only on-campus, with the college serving as their employer. Canada has a related 20-hour limit but will allow college students to seek work off-campus as very well. These boundaries only apply during standard semesters, and not during summer season holidays or co-op employment conditions.

Co-op systems

Learners aspiring to get the job done though studying overseas might want to think about co-operative instruction (co-op) applications. Co-op systems permit learners to achieve realistic, hands-on, expert expertise in an marketplace that relates to their discipline of review, together with pursuing their diploma. The most popular co-op plan was started by Canada’s College of Waterloo in 1957, the place pupils alternate concerning review and perform conditions, hence, enabling them to partly cover the cost of their instruction via employment.

In addition to encouraging pupils to pay out the payments, engineering co-op students at Waterloo make over C$25/hour (INR 1,500) in some of their last conditions. Co-op plans assistance learners obtain simple skills, tap into their university’s network of employers, and posture on their own favorably for full-time work soon after graduation.

Implementing for college student loans

Taking an education mortgage continues to remain a popular choice amid college students who are aspiring to research abroad. Even amid the pandemic, the demand from customers for loans to study overseas has ongoing to increase. In accordance to a new survey, the common financial loan ticket dimensions for learners pursuing an overseas education has improved from INR 30 lakh to INR 35 lakh.

There are two types of education and learning financial loans that college students can look at: secured and unsecured. The previous is with collateral as a protection and requires the pupil or borrower to pledge tangible or intangible safety, this kind of as immovable residence or coverage guidelines. It is approximated that about      one-3rd of students from India who review abroad just take assets-backed financial loans. Lenders could also request a cosigner on the loan, this sort of as a guardian or authorized guardian, who pledges to pay out again the personal loan.

Owing to the burden of this kind of secured loans, students might choose unsecured financial loans as an alternative, which are collateral and cosigner-totally free. They should really talk to with a university’s money support section to attract up a listing of reliable “preferred lenders” who provide favorable phrases for college students, therefore, decreasing their economic burden—and stress ranges. Universities frequently publish a list of trustworthy creditors who their college students have effectively made use of in the earlier to finance their training. This serves as an easy reference for college students comparing distinctive loan companies.

Thanks to the wide variety of funding possibilities accessible, money obstacles are no for a longer period a sizeable obstacle to bright learners seeking to pursue a overseas schooling. A superior-top quality abroad diploma is no more time completely for the rich.  On the other hand, learners should really make positive to devise a funding technique and discover resourceful techniques to fund their overseas education and learning. They could also search for qualified advice and carry out in depth thanks diligence prior to picking out the very best funding choices that will enable them realise their aspiration of earning a overseas degree.