What Is the Average Cost of Studying Abroad for Indian Students?

Indian students are some of the most go-getters in the world; many aspire to study abroad at some point during their academic careers. But, Indian students still face a lot of challenges when it comes to studying abroad, especially if there’s no clear understanding of the factors that they will encounter when studying abroad.

Studying abroad can be a costly endeavor, especially for Indian students. While the cost of tuition and other associated expenses may vary depending on the country and institution you choose to attend, there are some general ballpark figures that can give you an idea of how much studying abroad will cost.

In this blog post, let’s take a closer look at the average cost of studying abroad for Indian students in Rupees. So, whether you’re still in school and trying to weigh your options or you’re already living overseas and want to get a sense of how much your current expenses are costing you, read on to find out more!

Primary Factors Which Cover the Study Abroad Costs

Parents in India are increasingly sending their children overseas to pursue their education. The cost of studying abroad for Indian students varies and reaping the success that comes with it is invaluable. 

1. Tuition Fees

Tuition fees are payments you make to an educational institution for study. They vary depending on what and where you study. On average, master’s degree students pay more than undergraduate degrees. However, because master’s degrees tend to last for short years, they may end up costing less overall.

Tuition Fees for Study Abroad Destinations

2. Housing

There are a bunch of different types of housing options for Indian students. If you’re finding the cheapest countries to study abroad for Indian students, it’s important to research all of your accommodation options and find the one that best suits your needs.

[Find Your Perfect Accommodation]

3. Groceries

Except for those living in catered residence halls and homestays, this factor should also be considered. If you opt to do your own groceries, the most important thing to do is familiarize yourself with the local stores. Each store has its own quirks and specialties, so it’s important to know which one has the best prices for what you need. 

Tips for every Indian student on a budget:

1. Switch from expensive brand names to cheaper alternatives.
2. Learn to cook, and get some lessons from family.
3. Look for stores that offer student discounts.
4. Earn points by getting a supermarket loyalty card.
5. If living with housemates, it’s wiser to divide all common shopping costs.
6. Plan your groceries early with a list.
7. Batch cooking to save costs.
8. Avoid shopping when hungry. Budgeting works when you are full.

4. Academic Supplies

Indian students are required to purchase their own academic supplies, such as pens and notebooks, from the university bookstore or other vendors. The cost of these items is not included in your tuition fees. You may be able to obtain a student discount on some of these items by showing your passport at the time of purchase.

5. Visa

You may need to pay an application fee and/or a temporary residency permit fee when applying for a specific type of visitor’s passport. Each country has its own individual requirements and fees.

6. Health Insurance

It is important to have health insurance. Health insurance can help protect you from the high cost of medical care. It also helps with the financial burden that comes along with being sick or injured, and it can help pay for prescription drugs.

Cheapest Countries to Study Abroad for Indian Students

If you’re an Indian student dreaming of studying abroad, your options are endless. But among all the choices out there, few countries reign supreme as the cheapest option, with tuition rates and living expenses that are a fraction of what you’d pay in other countries. These cheapest countries to study abroad for Indian students are the perfect place to get a world-class education without breaking the bank. 

1. Norway

Norway is an excellent choice for international students who want to study abroad but don’t want to spend too much money. The country is known for being one of the best countries to live in the world. Its citizens enjoy high levels of freedom and equality. One of the main factors behind Norway being ranked as the best place to live in by the UN is its high quality of life.

2. Taiwan 

According to statistics, the cost of living in Taiwan is approximately 23.24%  percent cheaper than that in the United States, with rents being 68.3 percent more affordable. It’s no wonder why so many people choose to move here. Its combination of an affordable healthcare system and quality of life makes it one of the most desirable countries to live in.

3. Germany

Germany has become an increasingly popular destination for international student study. The country has a long history as an educational hub, and it continues to attract more and more people from all over the world. Germany has one of the best standards of living with a clean environment, low crime rates, cultural diversity, and a well-developed infrastructure.

The cost of studying in Europe for Indian students can vary depending on the university you choose. There are many scholarships available to Indian students, particularly those from government and private organizations. Scholarships may be rewarded based on academic merit or financial status but limited are being given every year.

4. France

Even though France is considered one of the most expensive cities to live in, it is actually an affordable study destination for international students, as tuition fees here are the same for domestic as well as international students.

The French government has also made a concerted effort to attract foreign students by offering scholarships and other incentives that make studying abroad more attractive than ever before.

5. Mexico

Mexico is a Latin American nation located in North America with a rich history and culture. It is also one of the most visited nations in Latin America, and is an attractive study location for international students.

Most of the classes in Mexico are taught in Spanish because it is the country’s main language. Despite this, there are still plenty of high-standard English-taught courses available for students in Mexico.

Top Factors to Consider While Planning to Study Abroad

If you are planning to study abroad, then it is important that you consider the following factors while making your decision.

1. Where will you be studying?

You should know about the location where you will be studying. It is very important for you to find out whether there are any local language requirements before applying for a course. Also, if you plan to live with a host family, make sure they understand what you need.

2. How much money do you have?

It is always good to start saving as soon as possible so that you don’t end up spending all your savings on living expenses. If you are not able to save enough money, then you can apply for scholarships and grants.

3. Do you have an international student visa?

Before applying for a course, make sure that you have an appropriate visa. Some visas may be valid only for a certain period of time. For example, if you are going to study at a university in Australia, then you must have an Australian Student Visa (ASV).

4. Are you eligible for government assistance?

Government assistance is provided by various organizations, like International Education Assistance Authority (IEAA). Organizations provide financial support to students who meet specific criteria. They also help them with immigration issues.

5. Is the country safe?

Make sure that you research the safety of the country where you will be studying before enrolling for a course. This information can be found online or through friends or relatives who have studied there.

6. Can you afford it?

The cost of studying abroad varies depending on the type of program, duration, city, etc. The amount depends upon your personal circumstances, such as how much you earn, how much you save, etc.

Living expenses in Europe for Indian students can be quite expensive. However, there are ways to manage your living expenses so that you can still enjoy your time in Europe. 

7. What is the quality of education?

Education quality is another factor you should consider when choosing a program. Make sure that you compare the quality of education offered by different institutions. You can use websites like Quacquarelli Symonds (QS) rankings, Times Higher Education World University Rankings, etc.

8. What is the reputation of the institution?

Reputation plays a major role in deciding the quality of education. Reputable institutions usually have high standards of teaching and learning. Therefore, they attract more students than less reputed ones.

9. What are the career prospects after graduation?

Career prospects depend upon the field of study. But generally speaking, graduates from reputable institutions have better job opportunities compared to those who do not attend these institutions.

10.  What are the social and cultural aspects of the place?

Social and cultural aspects play a vital role in determining whether you will enjoy your stay or not. Make sure that you visit the campus and talk to students and faculty members about the culture of the place.

If you’re looking for an amazing, life-changing experience that won’t break the bank, studying abroad is a good option. And don’t forget, there are scholarships and grants available to help finance your stay. With the cost of studying abroad for Indian students in rupees comes achievable, it’s no wonder that more Indian students are choosing to study abroad.