University Living & Acumen, part of the Sannam S4 Group, have announced their partnership to offer up to INR 2 Cr worth of ‘Living Scholarships’ for Indian students enrolling at their leading universities partners in the UK, Ireland, Australia, the US, and Canada.
This initiative is designed to ease the transition for Indian students, ensuring they feel supported from the moment they arrive. The scholarship fund of INR 2 Cr will be piloted to over 50 university partners of Acumen and University Living.
Starting in March 2025, students accepted into Acumen’s partner universities will be eligible for living scholarships and can receive up to one month of free accommodation, helping them to settle in, connect with their peers, and kick-start their studies in a secure and comfortable environment.
“Through this scholarship with Acumen, we are committed to providing support to the student, for their second biggest expense when they plan to study abroad. This is our way of helping the universities ease the burden of their potential students and enable a smooth transition University, “ says Saurabh Arora, CEO of University Living.
International universities looking to attract Indian students can greatly benefit from this initiative. By partnering with Acumen, universities can offer their prospective Indian student’s greater reassurance and a smoother entry into their academic life. This partnership allows universities to support their students even before they set foot on campus, enhancing their overall student experience and making their transition to studying abroad easier and more welcoming.
University Living & Acumen are offering universities the opportunity to join this transformative initiative, supporting Indian students and helping them build the foundation for a successful academic career abroad.
According to University Living’s Indian Student Mobility Report 2024, Indian students’ spending on housing has increased sharply between 2019 and 2022, yet finding suitable accommodation remains a growing challenge. In the U.S., spending rose from $1.9 billion to $2.4 billion, while Canada saw an increase from $1.7 billion to $1.8 billion. Australia witnessed a rise from $0.8 billion to $1.2 billion, and the UK recorded the most significant jump from $0.4 billion to $1.4 billion.
