What’s the Cost of Studying in Popular Foreign Countries for Indian students?
Studying abroad offers many opportunities. However, depending on the country you want to move to, it can be a bit expensive. The first thing students need to know is how to manage their finances when considering studying abroad. Sometimes the cost of living in a foreign country is higher than expected. In some foreign countries, top universities can have high tuition costs and expensive lifestyles that require significant savings or student loans. Logical planning and critical thinking are essential in these cases. In this article, we discuss the costs of studying abroad for Indian students, countries with lower tuition fees, better career opportunities, higher health benefits and more.
Study and cost of living in Different Countries.
Canada
Canada is an extremely popular student destination and offers one of the best educational institutions. The degrees offered by Canadian educational institutions are not only career-oriented but are also recognized worldwide. Study in Canada attracts thousands of international students to the country every year to pursue higher education. The Canadian job market is growing, with more and more large companies and multinationals settling here. Canada is sparsely populated and needs a more skilled and professional workforce to grow its economy.
| University | Tuition Fees |
| Memorial University of Newfoundland | INR 2, 32, 503- 10, 46, 342 per year |
| Simon Fraser University | INR 17, 43, 904 per year |
| Cape Breton University | INR 4, 95, 972 per year |
| University of Saskatchewan | INR 11, 69, 252- 15, 69, 867 per year |
Cost of Living in Canada
The average cost of living in Canada as per the factors affecting it are tabulated below.
| Type of Expense | Cost in USD/year |
| Books and Material | 46,700-93,300 |
| Food and Beverage | 1.85-2.47 lakhs |
| Accommodations | 2.78-9.27 lakhs |
UNITED STATES
The United States of America (USA) is known as the “Land of Opportunity” because the country promises its citizens and immigrants plenty of room for students to build fulfilling lives. Below is the cost of living in the United States.
| University | Tuition Fee |
| University of Wisconsin | INR 9, 57, 586 |
| Missouri University of Science & Technology | INR 8, 83, 926 |
| Arizona State University | INR 9, 57, 586 |
| Texas A&M University | INR 6, 62, 733 |
Cost of Living in USA
Living in the USA is a difficult task for a foreign student as it is quite expensive compared to other countries but again, this country has the best universities in the world and finding a cheap place to stay is not entirely impossible. Below are the average monthly expenses students have to pay to live here:
| Categories | Cost/month (INR) |
| Rent of Apartment | 0.79 lakhs- 1.53 lahs |
| Meals | 0.09 lakhs- 0.12 lakhs |
| Transportation | 0.07 lakhs- 0.22 lakhs |
| Personal Expenses | 0.23 lakhs- 0.31 lakhs |
| Health Insurance | 0.35 lakhs- 0.53 lakhs |
Germany
Germany is one of the top 5 most popular study countries in the world. Tuition fees in Germany are cheaper than in other European countries. With a focus on quality education and the abolition of tuition fees, Germany is one of the most popular destinations for international students.
| University | Tuition Fees |
| Humboldt University | INR 26, 857 per sem |
| University of Cologne | Zero tuition fee. Social contribution fee of INR 43, 739 per year. |
| Technical University of Munich | INR 12, 631 per semester |
| Technical University of Berlin | INR 26, 945 per semester |
Cost of Living in Germany
The monthly living expenses include groceries, rent, books and other expenses, which add up to 777 euros. This is around INR 69,000 for Indian students. For a three-year course, expect a total of $2,300. Tuition or semester fees are excluded from this. Students are entitled to 20 part-time hours, during which they can earn up to €900 per month. You can work full time during the holidays.
| Type of Expenditure | Cost estimate value in INR/ month |
| Food | 14,184 |
| Travel | 7930 |
| Internet | 2600 |
| Learning resources like books | 1700 |
| Rent, electricity, and other utilities | 27000 |
| Entertainment | 51000 |
| Health insurance | 6700 |
United Kingdom
The cost of studying in the UK varies from institution to institution. Tuition fees have risen steadily over the years, and EU and UK students at English universities have to pay around £9,250 or around $13,050 a year. For international students, tuition fees start at around £10,000 or US$14,130 and rise to £38,000 or around US$53,700 for honors degrees in medicine and other disciplines.
| Tuition Fees | £8000 (INR 8 lakh approx.) to £30000 (INR 30 lakh approx.) for UG programs and £12000 (INR 12 lakh approx.) and £35000 (INR 35 lakh approx.) for PG programs. |
| Visa & Other Costs | £348 (INR 34,800) in application fees and £470 (INR 47,000) per year as the Immigration Health Surcharge fee. |
| Accommodation | £350 (INR 35,000) to £550 (INR 55,000) per month. |
| Other Costs | £500 (INR 50,000) per month. |
| Travel Expenses | £40 (INR 4,000 approximately) per month. |
Cost of Living in UK
While living in the UK, each individual’s expenses can vary widely. Some of the main reasons are your lifestyle choices, the accommodation you choose, and the location of your university. Below are some of the basic expenses you should be prepared for.
| Expenses | Monthly Cost (GBP) |
| Accommodation | 5,395 |
| Meals | 1,5925 |
| Clothes | 400 |
| Transport | 460 |
| Other | 2000 |
| Total | 9780 |
Australia
Australia, with an international student population of over 637,000 students, has risen in the rankings of popular destinations to study abroad, reaching the third podium. Not only known for its coral reefs, kangaroos and exquisite wildlife, this island nation is also considered one of the best study destinations in the world.. Overall, studying in Australia is a dream come true for many Indian students. According to current data, some of the most popular countries from which the international student population has come to Australia are China, India, Nepal, Vietnam and Brazil.
| Sector/Program | Yearly Fees (AUD) |
| School | 7800-30,000 |
| VET | 4,000-22,000 |
| Undergraduate Programs | 20,000-45,000 |
| Postgraduate Programs | 20,000-50,000 |
| Doctoral Programs | 18,000-42,000 |
Tuition Fees for Top Universities in Australia
Some of the top universities in Australia with undergraduate and graduate programs are tabulated below.
| University Name | Avg Annual UG Fees | Avg Annual PG Fees |
| University of Melbourne | 10.11 lakhs | 22.36 lakhs |
| University of Sydney | 23.96 lakhs | 23.9 lakhs |
| Australian National University | 22.36 lakhs | 22.8 lakhs |
| University of Queensland | 16.50 lakhs | 19.17 lakhs |
| Monash University | 22.36 lakhs | 7.9 lakhs |
| University of New South Wales | 22.36 lakhs | 22.36 lakhs |
| University Adelaide | 15.97 lakhs | 20.07 lakhs |
| University of Western Australia | 18.17 lakhs | 19.7 lakhs |
| University of Technology Sydney | 18.6 lakhs | 15.97 lakhs |
| University of Canberra | 15.97 lakhs | 20.23 lakhs |
Scholarships to Study in Australia
Erasmus Mundus Joint Masters
Erasmus Mundus Joint Masters are high-quality integrated study programs at master’s level. They are designed and provided by an International University Association (IIS). At least three universities from three different countries participate, of which at least two must be EU Member States and third countries associated to the program (previously called program countries).
QS Leadership Scholarship
This $10,000 scholarship is awarded annually to a prospective graduate student who demonstrates strong leadership and/or contribution to a specific community or cause.
QS Academic Excellence Scholarship
This graduate scholarship, also worth $10,000, is awarded to a student who demonstrates high academic potential and the ability to make a significant contribution to their field. It can be used worldwide to pay tuition for a masters or doctoral program.
Great Wall Program
If you want to study abroad in China, the Great Wall program is funded by the Chinese Ministry of Education. The full scholarship supports international students and scientists from developing countries who wish to study and/or conduct research in China. To apply, contact the National Commission for UNESCO in your home country, enrol in the Chinese university of your choice using the documents provided by UNESCO, and submit your application online.
