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- Scholarships worth INR 2 Cr. for Indian Students planning to study in UK, Ireland, Australia, The US & Canada
- The scholarship fund 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
New Delhi, India – March 20, 2025 – University Living & Acumen, part of the Sannam S4 Group, is proud to announce a pioneering 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. This partnership empowers students to focus on what matters most—their academic journey and personal growth—without the added stress of securing housing 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.
A New Era of Student Support
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.
“University Living has always had a student-first approach, and this is another way for us to give back to the student community. We believe that financial challenges should not be a barrier to achieving your dreams. 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. University Living’s Indian Student Mobility Report 2024, projects that by 2025, Indian students’ spending on accommodation will reach $4 billion in the U.S., $2.6 billion in Canada, $2.4 billion in Australia, and $1.9 billion in the UK.” Saurabh Arora, CEO of University Living added, “This is our way of helping the universities ease the burden of their potential students and enable a smooth transition.”
“Studying abroad can be overwhelming, especially during the initial months,” said Sagar Bahadur, Executive Director – South and Southeast Asia at Acumen. “With this groundbreaking partnership, we’re not just helping students find a place to stay; we’re offering them peace of mind and the confidence they need to thrive academically and socially from day one.”
Empowering Students for a Bright Future
The partnership between University Living & Acumen is a crucial step in making the study abroad experience more accessible and supportive for Indian students. By offering up to one month of free student accommodation, the initiative allows students to settle into their new homes without the worry of accommodation costs or logistics. This helps ease their transition, enabling them to get the most out of their international experience.
What This Means for International Universities
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.
A Call to Action for International Universities and Students
University Living & Acumen invite international universities to partner with them in this student-centric initiative to provide unparalleled support for incoming Indian students. By offering Living scholarship up to one month of free accommodation to eligible students, universities can position themselves as leaders in student well-being and demonstrate their commitment to providing a seamless and supportive experience for their international student community.
For press inquiries or more information, please contact: Sheena Satija – Principal Executive Officer, sheena.satija@sannams4.com
