Can You Study Abroad Even Without Enough Money?

Can You Study Abroad Even Without Enough Money 1
Probably the most common struggle for a student wanting to study abroad is money. Are you wondering if you can afford it? This does not only happen in rare cases. Every year, a lot of students have this same question.

Is it possible to have an international study even if your finances are not enough? The answer is yes. It is achievable. And here are some ways to do that.


Tons of educational institutions abroad have these so-called blind admissions where they care more about a student’s excellent academic records than the financial capability. You will be accepted based on merit, not by how much money you can allot for school.

Also, many universities offer scholarships and grants. There are also banks and education loan providers you can check out.

You can also research countries that offer top-notch education while offering free or discounted tuition fees. Apply to an economic country like Germany that provides tuition-free education even to international students.

Apart from money, another factor that decides if you can study abroad is time. Applying early to colleges abroad might higher your chances of having a scholarship. Late applications will result in you missing them. Opportunities are at stake when it comes to time.

Moreover, if you passed all standardized tests early and got a good score, you might get admissions at the right time. Ask these questions to yourself to know where you stand:

  1. Do I have a good IELTS/TOEFL/PTE/SAT score?
  2. How well have I written my application letter?
  3. Have I done some extracurricular activities?
  4. Are my academic grades above average?

Save money

Saving money can be overwhelming. You may have a lot on your plate, and money will be another issue. Plan how you will save enough money to pay for studying and living in your chosen country of study.

A few ways to possibly handle studying abroad with less money include:

  1. Taking up a part-time job to earn money for school and gain the skills needed for your future career.
  2. Looking for much cheaper accommodation. Consider homestays or shared apartments. When you share your space, you will have someone to split your room, grocery, and other utility costs. Try to cook for yourself instead of eating outside.
  3. Cutting down extra expenses like transportation costs. See if your prospective university offers free transportation or passes for daily commute.
  4. Saving money by spending more time in your library than buying textbooks if you feel like you won’t need them often.
  5. Allocating where you will spend your money. Do not impulsively buy something that you won’t need in the long run.
  6. Maximizing special offers and discounts. Student ID cards are provided by many countries, which lets students save money through perks and discounts.

Learn tons of college tips and study abroad destinations like study in USA, UK and Canada by reading our articles here at MSM Unify.


Recent posts

Filter by Categories

Program Filter x

  • More

New to MSM Unify?