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Australia is a well-liked study abroad location since it offers some of the greatest programs and the most prolonged work permit for international students. While tuition fees and cost of living are obvious costs, there is a host of hidden costs of sending your child to Australia that you may have missed. Let’s find out the invisible costs of studying in Australia! https://www.youtube.com/watch?v=MwQWKYxxJ8o Cost of Education in Australia Most of the cost of studying abroad is tuition fees. According to our college cost calculator, the average tuition for an undergraduate degree in Australia ranges from 70 to 96 lakhs. Several factors, such as the chosen subject, degree program, university type, etc., affect the cost of attending an Australian university. Australia is less expensive to study abroad for a bachelor's degree because it provides a range of scholarship options for international students who may have financial difficulties. But there are some hidden costs such as flights, security deposits on a flat, visa applications, mandatory health insurance, and much more that most parents do not account for when budgeting for their child’s bachelor's or master’s in Australia. How to plan a child's bachelor's in Australia? Read More 5 hidden Costs for Indian Students in Australia From visa application fees to mandatory health insurance, flights, and accommodation; there are several invisible costs you have to pay while planning your child’s future education in Australia. While parents focus on tuition fees and general living costs, they often miss out on these expenses! 1. Visa Application Fees Students frequently apply on their own for a Student Subclass 500 visa. This is essential information for students who enroll in undergraduate or graduate programs at an educational institution. A visa application fee for students is approximately ₹34,500. 2. Insurance for health The Department of Immigration and Citizenship has mandated that your child gets an Overseas Student Health Cover (OSHC) as a requirement of their visa application procedure. An individual's annual health insurance premiums typically range between ₹40 - ₹45,000. It is available for private or institutional purchase. One is solely responsible for keeping the policy up to date. 3. College application fee When submitting their application forms, students must pay a non-refundable application fee. The price will change based on the university. The majority of application fees, however, fall between ₹2,700 - ₹5,500. 4. Entrance Exams  Depending on the chosen program's requirements, students must take and pass a few exams if the institute asks for them. ExaminationsExam FeesIELTS₹15,500TOEFL₹14,200GRE₹17,000GMAT₹20,000 5. Flight tickets One-way fare can be around ₹50,000 - ₹1 lakh. Your child must also have the money for a return flight per the rules when applying for an Australian visa. This amount may vary depending on the type of journey taken, the airline chosen, the booking dates, the location from which they’re departing, etc.  Tuition Costs of Studying in Australia Let us take a look at the cost of education in Australia at different levels. This is a broad format and does not include expensive medical and veterinary courses.  Undergraduate Bachelor Degree - AUD 20,000 - 45,000$ (INR 10,65,000 - 23,96,000) Postgraduate Master’s Degree - AUD 22,000 - 50,000$ (INR 11,71,000 - 26,63,000) Doctoral Degree - AUD 18,000 - 42,000$ (INR 9,58,000 - 22,37,000) Vocational Education and Training - AUD 4,000 - 22,000$ (INR 2,13,000 - 11,71,000) English Language Studies - AUD 300 per week (INR 15,978) Here’s a list of some of the top universities, their popular courses and fees Australian National University Top Courses Bachelor of Philosophy (Hons) Science Master of Applied Data Analytics Master of Museum & Heritage Studies Master of Engineering in Electrical Engineering Annual Fees (in AUD) 46,000 - 48,000$ (INR 24,50,059 - 25,56,000) The University of Melbourne Top Courses Bachelor of Agriculture Master of Architectural Engineering Master of Business Analytics Annual Fees (in AUD) 45,000 - 89,000$ (INR 23,96,000 - 47,40,000) The University of Sydney Top Courses MBA Master of Engineering (Software Engineering) Bachelor of Science (Health) Bachelor of Economics  Annual Fees (in AUD) 50,000 - 54,000$ (INR 26,63,000 - 28,76,000) The University of New South Wales (UNSW) Top Courses Master of Mining Engineering Bachelor of Science (Advanced Mathematics) Bachelor of Engineering (Hons) Mechanical Bachelor of Engineering (Mechanical & Manufacturing) Annual Fees (in AUD) 47,000 - 66,000$ (INR 25,00,000 - 35,00,000) The University of Queensland Top Courses Master of Tourism, Hotel & Event Management Bachelor of Health, Sport & Physical Education Annual Fees (in AUD) 45,120 - 47,000 (24,00,000 - 25,00,000)  Monash University Top Courses Bachelor of Architectural Design Master of Information Technology Master of Data Science Master of Advanced Nursing Annual Fees (in AUD) 37,000 - 45,000$ (INR 19,70,000 - 23,96,000) The University of Western Australia (UWA) Top Courses Master of Professional Engineering Master of Biological Science & Master of Biotechnology Bachelor of Marine Sciences Annual Fees (in AUD) 9000$ (INR 4,79,000) The University of Adelaide Top Courses Master of Engineering (Mining) Master of Petroleum Engineering Bachelor of Oral Health Bachelor of Nursing Annual Fees (in AUD) 45,000 - 48,000$ (INR 23,96,000 - 25,56,000) University of Technology Sydney Top Courses Bachelor of Business Bachelor of Economics Bachelor of Accounting Master of Artificial Intelligence Master of Physiotherapy Annual Fees (in AUD) 1,256$ per credit (INR 66,000) University of Wollongong (UOW) Top Courses Bachelor of Science (Chemistry) Bachelor of Mathematics Bachelor of Computer Science Master of Public Health Master of Psychology MBA Annual Fees (in AUD) 14,000 - 16,000$ per semester (INR 7,44,000 - 8,51,000) Cost of Living in Australia The cost of living in Australia for international students will depend on various factors such as location of accommodation, food, commuting options, lifestyle habits etc.  However, on an average, annual cost of living in Australia is:  AUD 35,000 (INR 18,62,000)  Includes: Accommodation, Grocery, Transport. Internet, leisure and miscellaneous expenses.  Below is an approximate break-up. Accommodation Costs in Australia Hostels & Guesthouses - AUD 90 - 150 per week (INR 4,700 - 7,900) Shared Rental - AUD 95 - 125 per week (INR 5,000 - 6,600) On-campus - AUD 110 - 280 per week (INR 5,800 - 14,800) Homestay - AUD 235 - 325 per week (INR 12,500 - 17, 200) Rental - AUD 185 - 440 per week (INR 9,800 - 23,400) Boarding schools - AUD 11,000 - 22,000 a year (INR 5,85,000 - 11,70,000)  Other Living Costs Groceries and eating out - AUD 140 - 280 per week (INR 7,400 - 14,800) Gas, Electricity - AUD 10 - 20 per week (INR 500 - 1064) Phone and Internet - AUD 15 - 30 per week (INR 700 - 1500) Public Transport - AUD 30 - 60 per week (INR 1500 - 3000) Car (if purchased) - AUD 150 - 260 per week (INR 7900 - 13,800) Entertainment - AUD 80 - 150 per week (INR 4,200 - 7900) FAQs What is the average cost of studying in Australia? The cost of studying in Australia will depend on the choice of your course and the college you select. Other than tuition fees, one needs to calculate cost of living to get an approximate expense. What is the average tuition fees for courses in Australia? The average tuition fee for undergraduate courses is between AUD 20,000 - 45,000$ (INR 10,65,000 - 23,96,000)The average tuition fee for postgraduate courses is between AUD 22,000 - 50,000$ (INR 11,71,000 - 26,63,000) Do undergraduate and postgraduate courses have different fee structures? Yes, both have different fee structures and will depend upon the choice and duration of your course, credit completion numbers and availability of scholarships.  Consult an expert advisor to get the right plan TALK TO AN EXPERT

In the last 8-9 years, Canada has steadily grown in social standing as the desired location for higher education. It ranks among the most popular destinations for Indian students. Quality education, graduate assistantships, and many government policies regarding immigration are some of the reasons why you should consider Canada for your child’s higher education.  For students who are seeking programs that are cost-effective and shorter in duration, allowing them to cut down on living expenses, Canada has the most acceptable community education system in the world. https://www.youtube.com/watch?v=2d3XNHbB8II&t=84s Source: EduFund Major Benefits of Studying in Canada 1. Academic Skills Education is a federal responsibility, regional governments ensure that the standard of education is uniformly high across Canada, no matter what kind of institution - college/university. Regarding educational streams, all types of programs from different strands are accessible in Canadian academic institutions. Financing Children's Masters in Canada Read More 2. Developmental skills Co-operative work is a wonderful concept in Canada that supports students with employment options in their related sectors while attending university. As a result, an engineering student is granted the chance to participate in work for an engineering firm while studying. This gears up students for actuality by exposing them to a work situation early and instills professionalism with skill development. 3. Quality of life  Canada has repeatedly been graded as being among the world's safest countries. The Global Peace Index ranked Canada as the sixth most peaceful place in the world in 2018. International students enjoy the same entitlement as any other Canadian student. Standard of living also refers to necessities of life such as atmospheric air, safe drinking water, the feeling of space, and so on, as well as other life-related factors such as significant exposure to the best health care services, and strong educational infrastructural facilities.  Can your Child Study MBA in Canada for under INR 40 lakhs? Read More 4. Cultural diversity  Canada is a friendly and accepting community. Individuals from different countries of the world have been planning to migrate to Canada for a long time. This gives Canada a competitive advantage in terms of diverse cultures. Canadians respect other cultures and see them as a symbol of motivation and strength. Students can enjoy festivals of all racial backgrounds year-round, and the best part is that the festivities are not confined to the ethnic community. Still, the rest of the country embraces all festive celebrations. 5. Immigration opportunity  Since overseas students spend much time in Canada, they will become potential Canadians. They are given adequate opportunity to comprehend and adopt Canadian culture while studying and up to three years to recognize Canadian work culture. What it ends up in is likely to be prospering once the studies are completed. Indian students are opting for Canada for their university education, and interest in Canada is growing significantly yearly. https://www.youtube.com/shorts/x9B8449Iuw4 EduFund The number of Canadian college graduates between 2000 and 2019 From 2000 to 2019, the number of university graduates in Canada increased Number of postsecondary graduates in Canada in 2019, segmented by degree type Better paying jobs for children of Canadian immigrants According to a Statistics Canada report, the children of economic immigrants attend school longer and have higher-paying jobs than the typical Canadian-born employee. By the age of 30, the children of economic immigrants in Canada earn more than the average Canadian worker by 29.3%, commanding a median annual wage of $55,500 versus the $42,940 made by the average Canadian employee of the same age. Economic immigrants' children can command higher wages because they attend college or university at a higher rate than Canadians. International students in Canada International students enrolling in formal education increased from 142,170 in 2010/2011 to 388,782 in 2019/2020 in just ten years. As a result, by 2019/2020, the amount of international enrolled students improved from 7.2 percent to 17.8 percent. Within ten years, one out of every ten international students arrived in Canada in 2000 or became a landed immigrant. As a result, new ideas are being inspired, innovation is being boosted, and people-to-people relationships are being strengthened, all of which are important for international commerce and worldwide trade. The number of international students intending to study at the secondary and primary school levels has been declining in recent years. Meanwhile, that has been countered by an increase in the percentage of individuals planning to study for a college or master's degree. More advantages of studying in Canada 1. Affordable and Quality Education Compared to other options such as the US and the UK, Canada offers a highly affordable and quality education for its students. Education fees may differ depending on your chosen university, but you can still save a lot of money while studying in Canada. These universities and colleges offer high-quality academic programs and research opportunities and are consistently ranked among the top global institutions.  2. Cost of Living A single person's monthly cost is approx Rs. 83,307.6 (1,347.1C$) excluding rent.  Most institutions offer courses with tuition fees starting from CAD 15,000 (Rs. 9,03,999). The cost of living for a single student is around 880 CAD (Rs. 53,034) per month. Monthly expenses including rent are approx $1,708 per month per person and $3,911 for a family of four.  If we count accommodation, food, clothing, groceries, health, transportation, entertainment, travel, etc., a student will require approx Rs. 9,00,000 to Rs, 22,00,000 to cover all expenses. (CAD 18,340 approx). To counter this, students can apply for an International Student Identification Card upon their arrival in Canada. This provides many benefits to the global student community such as discounts for shopping, culture, food, access to student services and facilities internationally, etc. It helps prove your student status in over 130 countries since it is the only internationally recognized proof of full-time student status endorsed by UNESCO.  3. Standard of Living After reading about the cost of living in Canada, you might say it is expensive, however, the standard of living here makes it all worth it. High-quality education, lucrative job opportunities, cultural diversity, and accessibility of public services on par with its own citizens make Canada one of the countries with a high standard of living.  4. Safety and Security Canada takes its student safety very seriously, particularly for international students. Students living on campus have a 24-hour security measure in place for them. Canadian citizens on the other hand are warm and welcoming and respect diverse cultures making these students feel comfortable in their home country. There are many safe options for student accommodation outside the campus as well.  5. Work opportunities for students  The study permit in Canada allows international students to work up to 20 hours/ week, which helps them supplement their income. Apart from the opportunity to earn extra income, students also get to experience the professional environment of working in Canada. However, be mindful of not violating the terms of this study permit which can lead to loss of student status and permission to work in the future.  6. Job Opportunities Canada provides a Post Graduate Work Permit (PGWP) to its international students which allows them to work for up to 3 years after the completion of their course. However, a PGWP is issued only if you have graduated from a Designated Learning Institute. Also not all Designated Learning Institutes and programs of study make you eligible for PGWP. There are several other criteria you need to fulfill. Go through them carefully then make an informed decision.  Several immigration policies also allow students to apply for permanent residency and work while they study.  FAQs How much does it cost to study in Canada? The cost of studying in Canada depends on your chosen institution, your type of education/ course, as well as your living expenses. However, the cost would be approximately CAD 36,000 (INR 22,00,000) a year for international undergraduate students and CAD 21,100 (INR 13,04,434) a year for international graduate students.  Is it safe for female students to study in Canada? According to the Canadian Bureau of International Education (CBIE) annual international student survey of 2021, 79.2% of respondents consider Canada to be a safe and stable country. Plus, the on-campus 24-hour security measure allows you to be tension-free regarding the safety of your child. So, yes it is safe for girl students.  Which are the best places to study in Canada? Montreal, Toronto, Vancouver, Ontario, and Quebec City are some of the best places to study and work in Canada. These places also offer several part-time job opportunities for international students.   What is a Letter of Intent (LOI) and do I need to submit it to study in Canada? A Letter of Intent is a document that states your reasons for studying in Canada, your professional and academic goals, and your past qualifications in your home country.  Yes, you need to submit the LOI to acquire a study permit in Canada.  Can students work while studying in Canada? Yes, the study permit in Canada allows you to work for 20 hours/ week. You have to be careful not to violate the terms of the study permit.  One of the main reasons students like to study in Canada is the high quality of education. Many Canadian universities offer cutting-edge innovative exploration and new technologies. Canadian universities typically hold the highest international rankings and offer amazing placements and a chance to live in the world’s most peaceful cities in the world. Hence, considering Canada for your child's higher education is a good choice.

According to an Indian Government survey, 44% of Indian students wish to move to the USA for higher education. Good quality of education, better job opportunities, and a healthy lifestyle are some reasons behind this demand.   However, there are many obstacles like high costs, limited seats, and intense competition. Let's look at 5 reasons why your child could miss their American dream! 5 reasons why your child could miss their American dream! 1. Lack of funds and savings Lack of funds is the top reason why your child could miss their American dream. The United States of America is home to some of the costliest universities in the whole world. Some of them are the University of Chicago, the University of Pennsylvania, Tufts University, Harvey Mudd College, and so on. The tuition fees of universities in the USA depend on which course you are pursuing. If you are pursuing an undergraduate degree in engineering, it will cost you around $40,000 to $80,000 per year (Rs 31,79,800 to Rs 63,59,600). Similarly, if you go for a medical or law degree, it will cost somewhere around Rs 1,98,73,500 if you go for a public institution and Rs 2,62,33,185 if you go for a private institution. Your child can apply for scholarship programs in the universities. If you feel that the cost is going beyond your budget, you can apply for a loan from a bank. Another solution is to start investing in long-term instruments like mutual funds if you have a time horizon of 8-10 years. You speak to a financial expert if you are looking at a shorter duration. Invest in the US Market 2. Not meeting the Eligibility Criteria  Another reason why your child could miss their American dream is eligibility criteria. To get admission to the respective university, you need to fulfill all their requirements. It is essential to understand the eligibility criterion so that your child might not face any problems later.   For example, if your child wants to get admission to Harvey Mudd College, then he or she needs to present a coalition application, school report, counselor recommendation, official high school transcript, and appropriate funds to cover the fees and cost of living. All the documents should be presented properly and your child should meet all their requirements.  3. Incomplete university applications   Application is one of the most important parts of the complete procedure. During this process, you should make sure that all your documents are ready beforehand and that your application form has no errors. The application form goes through a verification process in which every detail that you have filled in is checked. If the management of the university you are applying to finds out that the information you have provided is wrong, they might reject your child’s application.   Let’s take the example of the Massachusetts Institute of Technology. If you are applying to this university, you will have to fill out an online application which costs $75. They require you to present your past grade scores, coursework, competitive scores, and so on. Furthermore, they also expect you to take up competitive tests like SAT, PTE, TOEFL, and IELTS depending on the course you want to pursue.  USA University Fee Structure Read More 4. Not getting a US visa on time It is extremely important to get a USA student visa if you are going for higher education in the USA. Before you get a visa, a recognized university in the USA needs to accept your application which is certified by the student exchange and visitor program. Once your application gets accepted by the server, you will receive a form I-20 or DS-2019 which you will have to fill out accurately. The process can take weeks and the US visa office may require a set of documents that you need to provide to get the stamp. 5. Currency conversion rates   The rising cost of education is one of the major factors that can affect your child’s American dream. The inflation in education in the USA has been on the rise. According to EducationData.org, the inflation in higher education in the USA is 8% more than the annual retail inflation. The general living cost in the US is more than in India.   Furthermore, most of the parents make money in Indian Rupees rather than Dollars. The currency conversion rate provides 1 USD for every Rs 80. The currency rates alone can make US education far more costly for Indian parents.  These 5 reasons why your child could miss their American Dream should not stop you! Saving in dollars and preparing your child academically to impress the admissions committee – are two ways to support their dreams! Connect with our financial and education experts to turn this dream into a reality. FAQs How much does it cost to study in America? The USA is considered one of the most expensive destinations for studying abroad. : On average, public universities charge an annual tuition fee ranging from $8,000 to $35,000. Private universities in the USA charge between $25,000 to $55,000. The costs differ based on duration, university, and course. Is the USA cheap to study? No, the USA is not a cheap place to study. The costs can go up to Rs. 50 to 60 lakhs for many courses in the country. Is the USA good for Indian students? The USA is great for Indian students and the most preferred destination for Indians. It offers a wealth of opportunities to grow and make a successful career.

How do education inflation and rupee decline affect the cost of studying in the USA? After remaining low during the first & second waves of the pandemic, education inflation is now emerging drastically.  According to the Ministry of Statistics and Programme Implementation, the rate of education inflation in India was approximately 0.63 percent until April 2021. In May 2021, it increased to 1 percent. But in 2022, the rate has increased to 4.12 percent! On the other side, the rupee depreciation continues to affect overseas education, from everyday items becoming pricer to skyrocketing tuition fees. How education inflation and rupee decline is affecting USA academic costs? According to reports, the rupee hit 79 against dollars. This means, that the rupee currency is falling, while the dollar is increasing. The fall in the currency can be a result of certain parameters, including: Emerging crude oil prices Higher current account deficit The rising educational cost cannot solely be attributed to higher tuition fees. Different parameters affect the overall academic expense in the USA. Some are: Accommodation cost: Students stay in hostels or pay guests. Nearly 50% stated that their living costs have increased around 1.5 times. Food expenses: Increased food prices lead to a higher budget on daily products a student spends each day. Because of the increased prices of travel expenses, food, and beverages, students abroad need to deal with expensive educational costs. Important factors that affect the educational expense in the USA Administration expenses Technological updates by academic institutions Transportation charges become another factor In short, the depreciating Indian rupee against US dollars directly impacts a student’s education. Learners who plan for higher education overseas in the US will bear the brunt of the sharp depreciation of rupees against US dollars.   They must determine the exchange rate fluctuations and plan their finances accordingly. Nonetheless, the ongoing rupee-dollar exchange rates shouldn't influence a scholar's dream of studying abroad. So, they must plan & evaluate the alternatives too. Outlining the impact: cost of living & tuition costs Tuition & living costs are two crucial elements that affect a scholar's overall expenditures while studying in the USA. In today's age, the rupee is losing streak, leading to higher cost of living and fees. So, an Indian scholar who had paid 65 rupees per dollar in 2017 has to pay 78.20 rupees for every dollar in 2022. How should parents support a child to overcome this situation? Managing the situation is the only step left for students who wish to study abroad. Aspirants and their parents set aside a value of the corpus for foreign education after factoring in the initial requirements. The calculation evaluates the total loan amount. Pupils who don't determine the charges of native currency fluctuation against the destination's currency may face difficulties in the future. The INR's depreciation against dollars impacts the burden of studying in the USA. Exchange rate fluctuations send financial planning downhill. And it adds to the overall financial stress. Parents who fund educational expenses can save in US stocks. On this note, the EduFund app comes in handy. The app is India’s first investment advisory application that focuses on higher education. It allows you to invest in the SIP mutual funds & build a more prosperous future for a child. Alternatively, loan schemes are also important for scholars. Students who manage their own finances may choose financial loans to cover tuition fees and their cost of living. They can also invest in secured education loans tied to the collateral's value or education expenses. They cover full tuition fees as determined by the university and the living cost. In addition, students can also apply for a second education loan when they have an existing loan. But in that case, additional funds are required to finance their overseas education.  Another striking way to escape the fluctuations is by getting a scholarship. Scholarships are a blessing in disguise for deserving candidates.  FAQsHow does inflation affect the education system?  Inflation can impact the education system by driving up the cost of tuition, textbooks, and other educational expenses. As prices rise, students and families may struggle to afford higher education, potentially limiting access to quality schooling and increasing student loan debt.  Why is education so expensive in the US?  Several factors contribute to the high cost of education in the US, including administrative expenses, faculty salaries, infrastructure, and the availability of federal loans. Additionally, a lack of strong government funding for public universities and the competitive nature of higher education can drive up tuition fees.  What is the inflation rate for higher education in the US? The inflation rate for higher education in the US varies from year to year but tends to exceed the general inflation rate. On average, it has been around 2-3% higher than the overall inflation rate, making college and university costs grow faster than other goods and services.  What is the correlation between inflation and rupee value?  Inflation can have an inverse correlation with the value of a currency like the rupee. When a nation experiences high inflation, the purchasing power of its currency reduces, leading to depreciation. However, other factors, like interest rates and economic stability, also influence currency values.  Conclusion Since the rupee is losing its value against dollars, foreign education becomes more expensive. One's decision to pursue higher education abroad doesn't necessarily have to be influenced by ongoing trends of rupee-dollar exchange rates. Aspiring students and parents must conduct an intensive survey about both countries' economic aspects. In addition, they must also plan to send students for overseas education. These are just some ways education inflation and rupee decline affect the cost of studying in the USA. Consult our professionals today to protect your child’s fine future! Consult an expert advisor to get the right plan TALK TO AN EXPERT

Introduction New Zealand boasts of a top-notch education system that is preferred by many students in the world. The world-renowned universities, unique learning environment, and academic reputation especially for bachelor’s degrees are revered by the global faculty as simply the best. Parents from all over the world, especially in developing countries like India, want to send their children to get a bachelor’s degree in New Zealand. The only roadblock to this dream is the high fee structure that most middle-class families cannot afford. Parents who are serious in their desire to send their child to New Zealand for a bachelor’s degree must try to save at least 50 lakhs so that their dream of a better future can prove fruitful. Parents who do not save for their child’s education have to take on education loans which put a lot of mental stress on the student as well as the parents. The pressure of keeping everything afloat can prove harmful in the long run hence it is better to save and invest in safeguarding your child’s future. Start Saving with EduFund Top bachelor’s degrees in New Zealand  New Zealand is a hub of an entire range of bachelor courses for both domestic and international students. Some of the best bachelor’s in New Zealand include Bachelor of Business  Bachelor of Nursing  Bachelor of Advanced Science Bachelor of Agriculture Bachelor of Law Bachelor in Arts Top Scholarships in the USA for your child Read More Cost of studying in New Zealand The cost of a bachelor's degree in New Zealand for overseas applicants is affordable compared to some of the other countries in the world. The cost of a Bachelor in Nursing degree is an estimated 51 lakhs whereas a Bachelor of Information Technology costs nearly 10.1 lakhs. Bachelor's in Law degree costs nearly 19.80 lakhs whereas a Bachelor's in Journalism degree costs INR 13 lakhs for online programs Besides the fee structure, there are also related expenses like accommodation (8,000 INR to 13,000 INR per week), traveling, food, books and study materials, etc. You can calculate the total cost that the student will have to incur after adding all the relevant expenses with the College Cost Calculator.  There are hidden expenses like health insurance, travel insurance, visa fees, and security deposit that you may have to consider before planning your child’s journey. Although the country is not as expensive as some of the other countries like the USA, UK, and Australia, compared to India it will seem highly expensive. As the course lasts from two to three years the total amount becomes considerably higher. Students can apply for scholarships but not every student desiring to get a bachelor’s degree in New Zealand can benefit from it.  Save 50 lakhs for a child’s bachelor in New Zealand Parents who are interested in saving 50 lakhs for their child’s bachelor’s in New Zealand have to take some concrete steps. These include: Start planning as early as possible as it will give you a large window to plan, invest, and save at least 50 lakhs for your child’s bachelor’s in New Zealand. It is important to set goals and keep a specific sum of money aside for your child’s education because the fee structure of reputed universities abroad is quite high. Do not get fixated on only one plan instead take the help of financial experts to know more about how, when, and where to invest for higher returns.  Look at various investment opportunities like mutual funds, fixed deposits, government-backed schemes, specially designed child endowment schemes, term plans, etc.  SIPs are the most preferred investment options in recent times as they help regular investors to accumulate funds quickly. Consult reputed investment advisors who are adept at handling the planning and investing stage. Edufund is the best platform that has reputed analysts and investment advisors attached to the platform. They help parents to plan and invest so that they can easily save at least 50 lakhs for their child’s bachelor's in New Zealand. Remember to build a portfolio of several schemes so that the money is evenly distributed and you are not dependent on any one plan.   Remember you are investing for a longer period and the compounding factor will help to gain interest on interest over time and ultimately give you more returns down the line. Choose and create a plan that you consider will reap the maximum benefit. Conclusion New Zealand boasts of a high influx of international applicants every year interested in the various bachelor courses provided by the top universities. The benefit of studying at such highly acclaimed universities and getting a bachelor’s in New Zealand is immense as they open innumerable doors of opportunities in a person’s career path. FAQs How to afford to study in NZ? There are many ways to finance your foreign studies: You can opt for scholarships, financial aid, and education loans and if you have time, you can start investing so that you have an education fund. The best way to achieve an education corpus is mutual funds. They offer amazing returns and are managed by experts so you don't have to worry about an investment strategy. If you are a parent, you can start an SIP for your child and give them enough funds to study anywhere in the world. Is New Zealand good for Indian students? Yes, New Zealand is a friendly and well-developed country with plenty of opportunities for Indian students. The country has a limited number of universities but all these offer amazing programmes and courses that can build your career. How much does MS cost in New Zealand in Indian rupees? On average, studying MS in New Zealand will cost between INR 24,00,000 to INR 35,00,000. The cost also depends on the university and program. However, there are scholarship programs available for meritorious students that can offer partial and full funding. DisclaimerMutual funds are subject to market risks, read all scheme-related documents carefully.

Did you know that international students have to pay college fees on top of tuition fees to study at Cambridge University? This is why you need to save to send your child to Cambridge University. UK’s oldest and top institute with the lowest acceptance rate and skyrocketing tuition fees – getting admission at this college is not enough. From expensive tuition costs to living expenses costing £12,400 on average (11-12 lakhs yearly), the need to invest and save is urgent! Suppose, if your child goes for an MBA in this university, he or she will have to pay Rs 58 to 59 lakhs per year for tuition fees. Similarly, if your child is going for BTech or MBBS here, he or she will have to pay somewhere around Rs 33 – 58 lakhs per year for tuition fees. How do you need to save to send your child to Cambridge?  1. Preparing an education fund  Preparing an education fund helps in growing your financial corpus. You can do this by investing in financial assets which have a longer-term plan. These plans include mutual funds, ETFs, and so on. Start by deciding your monthly budget. Choose an investment plan which suits your need and budget. Make sure that you do not invest in a plan which offers low returns. ULIPs are a really good option if you are saving up for your child’s education at the University of Cambridge.   Public Provident Fund is another great option that you can go for. Parents prefer going for PPF because it provides a specific interest rate and is extremely secure. Apart from this, you must always prepare a long-term investment option.   Start Investing in Mutual Funds 2. Balanced investment options  Fixed deposits are great ways to invest but do not beat inflation. You cannot rely on them for the long term since they provide fixed returns of 5-6% while inflation in the current economy averages around 7-8%. The chances are that as an investor, you will lose the opportunity to gain from the markets.   Equity funds will be a good option for you if you start early as a parent. Around eight to ten years are required for you to build the right amount of corpus. You can go for SIPs in equity funds because they have a good return value and do not require heavy sums of money in one go.   Equity exposure until five years to the date of maturity can prove to be extremely beneficial. In the last decade, equity mutual funds have delivered an average return of 15%.   If you consider yourself a moderate-risk investor, you can still invest 60% to 70% of your total investment amount in equities. Make sure that you have a sufficiently long investing horizon so that you can counter crashes and volatility. Remember investing is risky but a good plan and a great advisor can help you manage your money better even in the worst climate.    Start Investing in US Market 3. Aggressive investment options  Equity investment leads to higher risk but also good returns. If you want to add more options to your portfolio, you can go for aggressive investments. In such a type of investment option, the investor takes on more risk to that he or she can achieve a higher potential return. Investing in stocks is a way of doing so. Although it is quite volatile and requires daily inspection, it has the potential to offer a chance for greater gains when compared to other types of investment.   Some other types of aggressive investment options are stock mutual funds, real estate investment trusts, hedge funds, emerging markets, small-cap stock funds, private equity, foreign stocks, global funds, and so on.  There are many ways to save to send your child to Cambridge but all start with smart planning for the right cost with the right experts. If you want the best for your child’s education, connect with us!  FAQs What are the fees of the University of Cambridge in Indian rupees? Tuition fees - 21.57 - 56.31 lakhs. Is Cambridge expensive for students? Ans. Yes, the University of Cambridge is generally considered expensive for students due to tuition fees, living costs, and other associated expenses. However, scholarships, grants, and financial aid options are available to help mitigate the costs for eligible students. How much does it cost to go to Cambridge for 4 years? Ans. The expected four-year cost of tuition for members of the class of 2026 who were admitted in the fall of 2022 is $71,364. The anticipated four-year cost of enrollment, including living expenses and personal fees, is $132,625.

United States is known for its top-notch universities, improved academic facilities, easy options for paying tuition to study in the USA, and incredible lifestyle. While tuition fees and accommodation are expenses most parents save for, there are many hidden costs of sending your child to the USA that you may have overlooked. Let’s look at how much you need to save to send your child to the USA! 6 Hidden costs of sending your child to the USA From visa fees to health insurance to flights, there are a lot of costs that parents do not consider while saving and investing in their child’s education. Let’s look at some hidden costs of sending your child to the USA: 1. College application fee A non-refundable application fee must be paid by students when submitting their application forms. The cost will vary depending on the university. However, the majority of application fees are in the INR 5,000 – INR 8,000 range. Cost of Studying LAW in the USA Read More 2. Entrance exams Depending on the degree studied, students needed to take and pass entrance exams. ExaminationsExam FeesMCAT₹25,000NEET₹1,600IELTS₹15,500TOEFL₹14,200GRE₹17,000GMAT₹20,000SAT₹7,700 3. Fees for SEVIS The Student and Exchange Visitor Information System (SEVIS) is a database that houses all data on international students, including their main reasons for visiting the United States. They will share the SEVIS number on the I-20 with your child once they’ve been admitted to their ideal university. Before submitting the paperwork for a visa application, students need to pay the SEVIS cost, which is around ₹28,000. Apply for Education Loans to Study Abroad 4. Visa Application Fees It is typical for students to apply for an F1 visa alone. Students who enroll in undergraduate, graduate, or study courses with more than 18 hours of study time each week should take note of this. Students have to pay a visa application fee of between ₹10,000 and 15,000. 5. Health Insurance One of the most crucial things to think about when estimating the study costs in the USA is health insurance. It is more economical for your child to receive medical care in the nation if they have health insurance. In the USA, getting health insurance costs between ₹40,000 and ₹80,000 a year. 6. Flight tickets The cost of the airfare ranges from ₹30,000 to 1,05,000 one-way to the US. This amount may vary depending on the type of journey taken, the airline chosen, the dates of booking, the location from which you're departing, the location in the United States where your child will be landing, etc. Invest in US Market Cost of studying in the USA One of the most significant and initial costs of studying in the united states is the tuition fees. Our college cost calculator estimates the average tuition for an undergraduate program in the USA to be between ₹1.6 to 1.9 crore. The cost of attending an American university varies depending on several variables, including the course, chosen, the kind of degree program, the type of university, etc. The USA offers a variety of scholarship alternatives to international students who are struggling financially. Students can apply for the best scholarship based on the criteria. Most regular costs like tuition, living expenses, etc. Are covered by these scholarships. https://www.youtube.com/shorts/AokbOsD5nC8 Living costs for students in the USA The price of living in the US is the next element that affects how much it will cost Indian students to study there. The cost of living in the USA typically ranges from 70 lacks to 1 crore. The place your child chooses to reside in the United States, the type of accommodation, the mode of transportation they use to get around, the restaurants they frequent, and most significantly, the lifestyle they lead, all affect the cost of living. Yearly living expenses include paying for apartment housing including utilities (₹13 - 14 lakhs), food (₹5 - 6 lakhs), dormitory housing (₹6 - 9.5 lakhs), food for dormitory (₹1.6 - 2 lakhs), books and supplies (₹65,000 - 75,000), and miscellaneous expenses (₹5 - 6 lakhs). Check out our college cost calculator to find out the cost of studying in the USA! It becomes simple to enjoy the academic and cultural life in America if your child can control the tuition they pay while studying there. The USA has consistently been ranked among the top places for studying abroad, and now that you know how much it would cost you to send your child to college there, it will be simpler for you to arrange their expenses. FAQs What is the cost of college applications for US universities? However, the majority of application fees are in the INR 5,000 – INR 8,000 range. Some universities do not charge application fees whereas some are willing to refund the application fee if you meet their criteria. What is considered a hidden cost or charge of studying abroad? Hidden charges or implicit charges are those that parents or students have to pay for once they start the application process. These costs are not accounted for as the actual cost of attendance and are costs or expenses that one has to bear in order to start the process. For instance, application fees, test exam fees, visa fees, health insurance, travel insurance, and even fights. What are some hidden charges for sending your child to the USA? Here are some hidden costs of sending your child to the USA for higher education: College application fee Entrance exams Fees for SEVIS Visa Application Fees Health Insurance Flight tickets

Sending your child to an IB Board school in India? You are not alone! Many Indian parents, over the years, gravitated toward the International Baccalaureate (IB) Board. So much so that the number of international schools offering IB programs has grown tremendously over years. In 2003, there were merely 11 schools with IB boards, now there are nearly 208 world schools located across the subcontinent!   IB board is typically offered by international schools in India and opted for by parents who want to send their children abroad. Parents prefer IB for its teacher-student ratio, holistic curriculum, global exposure, and focus on sports and extracurriculars. IB curriculum offers an innovative, inclusive, and interactive approach to learning.   Let’s look at some pros and cons of sending your child to an IB world school in India:  Pros of sending your child to an IB Board School  https://www.youtube.com/watch?v=6jTgEWL5sXw 1. Global Exposure and Cultural Diversity IB is a global program with 5000 schools in 160 countries like Australia, Norway, India, China, and Zambia! The learning approach is dynamic and international. The IB board is popular and recognized by top universities; its curriculum is updated regularly to keep up with the changing skill requirements and career developments.    2. The balance between Extracurriculars and Academics IB schools believe in skill building and offer a great number of subjects like Art, Music, Sciences, and extracurriculars like sports, debating, MUNs and community service, etc. The focus is on personality development and offering students a variety of facilities to grow and nurture their interests! The exposure can help students decide their passion and can add value to college applications!  https://www.youtube.com/shorts/wQbhsWtOPpU 3. Help with university applications IB boards encourage students to develop skills that align with foreign universities and their requirements. They value communication skills, interpersonal skills, research ability, and open-mindedness.   IB has programs like Theory of Knowledge (ToK), Extended Essay (EE), and extracurricular activities related to Creativity, Action, and Service (CAS) to help with university applications!  4. Great student-to-teacher ratio IB world schools maintain a pupil and teacher ratio of 25:1 for all classes. The ratio can differ from school to school in India. This is an advantage for parents, teachers, and students hoping to send their child to an IB school because the regular classroom size of a CBSE or other state board is 45 – 50 students and 1 teacher.   IB schools ensure smooth teacher and student interaction by reducing the class size and ease for teachers to offer assistance to every student adequately.  source: pexels Cons of sending your child to an IB Board School  1. Expensive IB world schools charge more than CBSE/ISCE board-run schools. The average tuition cost of studying at IB schools in India is Rs. 4-5 lakhs per annum. The average tuition cost does not include school trips, daily transport, or hostel fees. Additionally, parents have to spend on uniforms, course material, or other expenses separately this can tally up as a huge expense for parents.     2. Location Most IB schools in India are located in urban cities like Delhi, Chennai, and Bangalore, and sometimes on the outskirts of the city. This means parents have to opt for school-assigned buses or spend money on private vehicles for daily travel. Public transportation is not viable because of the lack of connectivity (in the case of some schools) and is often unsafe in some cities for younger kids.   Long-distance travel to school can be expensive and mentally draining on your child so check the location before enrolling!   3. Workload Students studying at IB schools are often overburdened with essays, projects, and assignments for a range of subjects. It is a great way to prepare for college, but it can be tiring and hectic for students. It can lead to burnout, fatigue, or stress among students.  During the middle year program, subjects have to manage 8 subject areas and during the last two years, they have 6 subject areas and a diploma program core. DP core includes Theory of Knowledge (ToK), Extended Essay (EE), and extracurricular activities related to Creativity, Action, and Service (CAS).  4. Lack of flexibility The IB board offers 6 subject areas for students to choose 6 subjects from in classes 11 and 12.  These subjects areas area:   Studies in language and literature  Language acquisition  Individuals and societies  Sciences  Mathematics  Arts   Every student can choose only one subject from one category – if you decide to exclude the arts category then the student can opt for two subjects from the same category but not beyond this.   There is also a possibility that the school does not have the infrastructure to offer certain subjects that the IB board may include in its curriculum! For example, the IB board includes films as a subject, but the school may not have a teacher to teach the course.  The problem of education in Slums in India Read More Do IB world schools give your child an edge in foreign applications?   Yes and no! While IB world schools offer a great amount of exposure, there is no guarantee that your child will end up at an Ivy League or Oxbridge after graduating. Foreign admissions offices consider hundreds of applications for limited seats, and each application consists of an academic record, extracurriculars, your child’s statement of purpose, recommendations, and much more. All these factors together determine whether your child is the right fit for a particular course at the university.   Your child’s developmental skills, problem-solving abilities, and eligibility for a course determine their selection, not any particular school board. However, the school board can help tremendously in developing these skills and giving your child the exposure, they need to further their ambitions.  Schools help shape children academically, and developmentally and nurture them during their formative years. They play a huge part in deciding your child’s career path which is why whether you send your child to an IB school or a CBSE school should be a well-researched decision. Talk To an Expert FAQs What are the disadvantages of the IB board? The International Baccalaureate (IB) curriculum can be demanding and rigorous, potentially leading to high-stress levels for students. Its comprehensive nature may limit specialisation. The program's availability might be limited, and some students might find it challenging to adapt to its unique assessment methods and workload expectations. Is IB good for kids? The International Baccalaureate (IB) program can be beneficial for certain students. It places a focus on critical thinking, research techniques, and an international viewpoint. However, its rigor and comprehensive approach may not suit all learning styles. Parents should consider their child's strengths, preferences, and goals when deciding if IB is a good fit. Why is the IB curriculum better than CBSE? The IB curriculum offers a broader global perspective, emphasizing research, critical thinking, and international mindedness. It promotes interdisciplinary learning and holistic development. While CBSE is rooted in Indian education, IB's international focus prepares students for diverse global challenges and fosters a deeper understanding of cultures, making it preferable for some seeking an international outlook. Is the IB board better than CBSE? Individual tastes determine whether a student chooses the International Baccalaureate (IB) or CBSE (Central Board of Secondary Education). IB offers a global perspective and emphasizes critical thinking, while CBSE follows a standardized Indian curriculum. Both have merits; IB suits those seeking international exposure, while CBSE aligns with Indian education standards.

Many international students consider the United Kingdom to be their ideal study destination because of the country's outstanding academic reputation and dynamic student community. There is no question about the quality of education, but the cost of studying in the UK for Indian students is one of the most concerning facts. Let's face it, studying in the UK is costly. Pound to rupee ratio, international tuition fees, and the general cost of living are just some reasons for this expense. But beyond the obvious expenses, there are some hidden costs of sending your child to the UK that you may not have considered. 5 hidden Costs of Sending Your Child to the UK There are some hidden costs of sending your child to the UK that may stretch your budget. These costs are hidden because parents usually do not consider them when planning their child’s foreign education until it's too late. 1. Student Visa fees All students need to apply for a student visa to go to the UK. It's a hidden cost of expense because it rears its ugly head after you have finished your child’s application process and can be an added expense to the overall budget. Type of VISAApplication FeeShort-term study student visa₹8,000 for 6 months and ₹15,000 for 11 monthsTier 4 student visa (General)₹28,500Tier 4 student visa (Child)₹28,500Disclaimer: This is the current fee and is subject to change. 2. Immigration health surcharge Through the National Health Service, the UK is renowned for having one of the top healthcare systems in the world (NHS). Your child must pay the visa fee and an additional premium for health insurance as an international student. It will cost them between ₹38,000 and 40,000 a year to obtain entry to the NHS. At NHS health centers, students will have access to free medical care as well as discounted dental care. 3. Entrance exams Some universities mandate language tests for international students, while others do not. Popular standardized examinations that are provided to potential international students for them to study in the UK include: ExaminationExam FeesGRE₹15,912GMAT₹18,500IELTS UKVI₹15,500TOEFL₹14,200Disclaimer: This is the current fee and is subject to change. 4. University application fee While master's or Ph.D. Candidates must apply directly through the website of their chosen university, undergraduate candidates must use the UCAS application website. To apply to several universities in the UK, you need to spend between $1,500 and $7,500. Please be aware that depending on the number of programs and universities your child applies to, the application fee may increase. 5. Flight tickets You must book your child’s flight tickets right after the visa allocation. The cost of flight tickets can change according to the city, destination, and airline. For students traveling from India, one-way airfares can cost around ₹60,000 - 1,00,000. Why a Parent should consider the UK for child education? Read More Tuition fees for international students in the UK The majority of international students living expenses in the UK are the cost of their tuition. It may differ substantially depending on the university, the region, and the program they select. Our college cost calculator estimates the average tuition for an undergraduate program in the UK to be between 60 lakh and 1 crore. Fee Structure of the UK University Read More Living expenses in the UK Another significant component of the overall cost of studying in the UK is living expenses. For the duration of a course, the average cost of living in the UK is between 40 and 50 lakhs. Similar to tuition costs for UK universities, living costs might change based on your child's, lifestyle, where they choose to reside, etc. For instance, rent is more expensive in cities like London or brighter than it is in Aberdeen or Manchester. Invest in Mutual Funds Other Living Costs in the UK Aside from accommodation, there are other significant living expenses to consider. Utilities (electricity, heating, cooling, water) can cost around £100-£150 per month. Food costs vary depending on personal choices and habits, but a rough estimate is around £200-£300 per month. Transportation expenses include the London Underground or buses, which can cost approximately £100-£150 per month. However, these costs can be lower in other cities with more affordable public transportation options.  Monthly living expenses in the UK for average Indian students Accommodation₹40,000 - 60,000Food₹8,000 - 16,000Transportation₹2,000 - 3,500Household bills₹3,000 - 4,000Entertainment₹3,000 - 5,000Miscellaneous Expenses₹15,000 - 20,000Total₹70,000 - 1,10,000 UK Scholarships for International Students:  Recognizing the financial burden on international students, many UK universities offer scholarships and financial aid. These scholarships can cover partial or full tuition fees and, in some cases, also provide a stipend for living expenses. Some well-known scholarships for international students in the UK include the Chevening Scholarship, the Commonwealth Scholarship, and university-specific scholarships like the Rhodes Scholarships at the University of Oxford and the Gates Cambridge Scholarship. Eligibility criteria and application processes for these scholarships vary, but they provide valuable opportunities to make studying in the UK more affordable.  Impact of Brexit: Brexit, the UK's decision to exit the European Union (EU), has had several potential impacts on various aspects of life in the UK, including education and living costs.  Tuition Fees: EU students used to be treated as domestic students, paying the same tuition fees as UK citizens. However, after Brexit, most EU students are now classified as international students, leading to higher tuition fees. This change could potentially affect the affordability of studying in the UK for EU students.  Scholarships and Funding: Some scholarships and funding opportunities previously available to EU students might no longer be accessible. However, the UK government and universities have introduced new scholarships and funding options specifically for international students, helping to mitigate this impact.  Living Costs: Brexit's impact on living costs is more indirect. Changes in the economy and exchange rates could influence the overall cost of living for international students. For instance, fluctuations in the value of the British pound might affect the purchasing power of students' home currencies.  Research and Collaboration: Brexit has raised concerns about the UK's participation in EU research programs and collaborations. Previously, UK universities and researchers had access to EU research grants and partnerships, which could have contributed to funding opportunities and lowered costs. While the UK government has expressed intentions to establish its own research initiatives, the full extent of these programs' impact remains to be seen.  Cultural Diversity: The UK's appeal as a diverse and welcoming destination for international students might be affected by changes in immigration policies and the overall atmosphere following Brexit. This could indirectly influence the attractiveness of studying in the UK.  While Brexit has brought changes that could potentially impact the cost of studying and living in the UK for international students, it's important to note that the UK remains committed to hosting international students and maintaining its reputation for quality education. The introduction of new scholarships and funding options aims to ease the financial burden, and universities continue to strive to create an enriching environment for students from around the world. As the situation continues to evolve, it's recommended that prospective international students stay updated with the latest information and carefully assess the financial aspects before making decisions about studying in the UK.  There are many options to pay for a UK university, including selecting scholarships, financial aid, student loans, and other options. If you want to send your child abroad for undergraduate then it's time to consult financial experts to discover new-age savings to beat the demon of rising costs! This might make it much easier for you to manage your child's tuition costs. An education fund, scholarships, and part-time jobs can help cover the growing cost of studying in the UK. Start saving if your child is planning to fly to the UK for their undergraduate before it's too late! TALK TO AN EXPERT

The education experience that the United Kingdom provides foreign nationals is truly remarkable. From superior education institutions to unmatchable facilities blended with experimental teaching frameworks, the UK helps students unlock their fullest potential. Going to study in another country entails more than just gaining knowledge. This also allows students to gain a global perspective, which greatly influences them as individuals. https://www.youtube.com/watch?v=v4gmR-U_vHA&pp=ygUHZWR1ZnVuZA%3D%3D Reasons why, the United Kingdom is one of the most popular locations for higher education 1. Reputable universities are known worldwide International acclaim is accorded to the UK's academic program and elite universities. With connections through the United Kingdom, one can access prestigious academic institutions with histories that date back to the 12th and 13th centuries. Undoubtedly, degrees from such universities are highly regarded and appreciated. As a result, if your child's profile includes a degree from a UK university, be assured that they shall increase competition in the professional world. Furthermore, such institutions motivate learners to advance their careers, showcase their talents, and pursue their dreams. Start Saving with EduFund 2. Universities promote utility-based knowledge The United Kingdom provides students with opportunities to conduct coursework as per their interests. Students will have greater research viable alternatives as a result of this.  Constructive content-focused methods and participative-based understanding is preferred over textbook education in the United Kingdom. This signifies that learners can fine-tune their ability to analyze and think critically in their selected discipline of study.  In addition, the Quality Assurance Agency, a reputable UK organization, regularly assesses the academic standards at all colleges and universities. The body uses subject assessments and quality audits to assess effectiveness. Cost of Studying LAW in the UK Read More 3. The pool of diverse culture Britain is a diverse nation that has long been popular for international students seeking higher education. Britain is the second most sought-after country among international students seeking an education abroad.  As a natural outcome, UK universities are bustling with students from various cultures. Students can socialize in a multicultural environment and enjoy a welcoming campus environment. As a student, meeting and learning about people from all over the globe is possible. source: Pexels 4. Impressive employment opportunities During the academic year, overseas students may work up to 20 hours per week. A few universities perhaps assist students in obtaining internships as a component of their coursework. Students will have a comparative advantage once they graduate. Students gain confidence about excellent job opportunities upon completing their graduate or postgraduate studies. Besides this, the British government has adopted a new post-study working visa that allows international graduates to stay and work in the UK for an additional two years. This extends to students who graduated in the summer of 2021. https://www.youtube.com/watch?v=EyP3Li4ofNg 5. Financial privileges Most students pick the UK as their higher education destination due to the government's many financial benefits. The foremost and most significant reason is that students can finish a degree program in the UK sooner than anywhere else in the country.  An undergraduate course lasts four years in several countries around the world. It would be beneficial if students completed their postgraduate degree in two to three years. In the UK, students can accomplish their undergraduate degree in three years and their postgraduate qualification in one year unless individuals pursue medicine or research. International students studying in the UK can also apply for financial assistance like scholarship opportunities, student grants, and bursaries. International students who intend to attend British universities are entitled to free medical treatment through the National Health Service. Uk, 2020/21 - Higher education student statistics Enrolment in first-year higher education by level of study - 2011/12 to 2020/21 academic years. First-year degrees have recently become a popular type of higher education, increasing by 8% between 2019/20 and 2020/21. The number of first-year postgraduates taught increased by 16% over the previous academic year. First-year student enrolment in postgraduate research courses has returned to 2017/18 levels, following a 6% increase since 2019/20 6. The national student survey report Former students who studied in different universities in the UK share their experiences learning in their respective colleges with the NSS. This is a UK-wide survey, and many students participate in it. The most recent National Student Survey published in 2020 indicates that  84 % of respondents were satisfied with their course's teaching, and  86 % were satisfied with their learning resources. 83 % were pleased with their educational opportunities. Conclusion British universities ensure consistent academic standards, with industry professionals on various academic topic areas. These aspects keep the universities higher in the global ranking. With revolutionary instructional approaches, the higher education system in the UK is widely acknowledged as the preferred standard for university education. There were 2.38 million students enrolled in educational institutions in the UK in 2018-19. Start saving early to consider the UK for your child's higher education Talk To An Expert FAQs Why did you choose the UK for higher education? The UK offers world-renowned universities, diverse academic programs, and rich cultural experience. Its education system emphasizes research, critical thinking, and practical skills. With a global network, top-notch faculty, and vibrant student life, studying in the UK can provide an excellent foundation for future success. Why UK is better than India for higher studies? The UK offers a broader range of internationally recognized universities, advanced research facilities, and diverse study options compared to India. With a focus on experiential learning and global exposure, studying in the UK can offer a competitive edge in terms of quality education and career prospects. What are the benefits of being a student in the UK? Being a student in the UK offers access to top-tier education, global networking opportunities, cultural diversity, and a chance to explore historic landmarks. It fosters personal growth, academic excellence, and memorable experiences. What are the benefits of choosing to study in the UK? Studying in the UK offers access to world-class universities, diverse academic programs, renowned faculty, research opportunities, and a multicultural environment. It provides a chance to enhance career prospects, gain international exposure, and develop valuable skills, all within a rich historical and cultural backdrop.

Your search for affordable countries for UG courses ends here! Every year, thousands of students wish to study abroad. The majority of those potential students have significant financial concerns. After all, it is not at all cheap to send your child to study overseas. Not everybody is eligible for scholarships. Few people do not get education loans because of a lack of collateral or documentation. Here, we'll explore the top and most affordable countries where you may send your child to study abroad and learn how much you need to save for your child’s quality education. Affordable countries for UG courses 1. Germany  Germany is well known for its prestigious universities. No matter their nationality, undergraduate students in Germany's public universities are required to pay zero or minimal tuition fees.  Study costs in Germany  At private colleges, the average annual cost of tuition may exceed EUR 3,000 (Rs. 2-3 lakhs). Your child can also opt for scholarships provided by private universities.  The monthly average living cost in this country is between 700 and 1000 EUR (Rs. 50,000 to Rs. 80,000). Students who purchase a semester ticket can use public transportation for no cost. Germany offers discounts on student IDs for the theatre, museums, opera houses, cinemas, and other cultural organizations. Additionally, there are DAAD scholarships to help with living costs that your child can consider. https://www.youtube.com/watch?v=ly0C1VM7YFc 2. Switzerland  Switzerland has a total of 12 universities and fewer higher education institutions dedicated to science and research. Eight of these universities are listed in the QS World University Rankings, with ETH Zurich coming in at number 10 overall. The top 100 universities also include four of these institutions.  One of Europe's most beautiful countries, Switzerland is renowned for its research findings, high standard of living, and excellent educational system.  Study costs in Switzerland  The annual tuition at state universities ranges from 600 to 1000 EUR (Rs. 40,000 to 80,000). Private universities may charge anything between EUR 2,000 and EUR 16,000 (Rs. 2 to 12 lakhs) annually. The average monthly cost of living is between CHF 1,400 and 1,800 (2-3 lakhs)  3. Denmark  Despite only having 5.5 million people, Denmark is among the most promising nations in the world and punches beyond its weight in the field of education.  Denmark's inventive nature makes it an ideal location for your study abroad experience, in great portion because of a strong emphasis on research and top-notch education. Danish higher education combines outstanding academic standards with learning strategies that encourage critical thinking, experimentation, and teamwork. Danish educational institutions are also very focused on practical education.  Study costs in Denmark  Tuition ranges from DKK 45,000 to DKK 120,000 per year. (Rs. 5 to 13 lakhs per annum). Monthly Living Expenses: DKK 6,000–DKK 10,000 (Rs. 60,000 to Rs 1 lakh)   Danish universities only get a small number of government scholarships every year to support exceptionally qualified foreign students. The government scholarship is divided into two components and can be awarded as grants to help with living expenses or as whole or partial waivers of tuition fees. 4. Spain  Spain's institutions possess a strong reputation abroad and offer top-notch education at an affordable price, making it a great option for Indian and international students. For international students, particularly Indian students, the cost of living is favorable, and Spain is thought to have the lowest tuition costs in Europe.  Study costs in Spain  Around 800 to 2500 EUR (Rs. 60,000 to 2 lakhs) in fees are charged for bachelor's programs every academic year. The annual tuition for private universities is more expensive and often double the cost of public schools. On a student budget, the total monthly living expenses for international students range from 500 to 1000 EUR (Rs. 40,000 to Rs. 60,000).  Source: pexels 5. Poland  With some of the oldest colleges in the world, Poland is renowned as an affordable European nation with a rich history and several major university degrees available in the English language. Due to its affordable living expenses and other charges (such as food and transportation), it is one of the top educational destinations for Indian students.  Study costs in Poland  The average cost of a study program in Poland ranges from EUR 4,000 to EUR 7,000 (4-6 lakhs) per academic year. The solid economy of the affordable European nation explains why the monthly living expenses for Indian students average range is 500 to 600 EUR (Rs. 50,000- 60,000).  6. Estonia  With a population of only 1.3 million, Estonia is a rather small nation. In comparison to other countries, they have a great quality education system that is also inexpensive for Indian students. The Estonian Universities stand out for offering 100+ degree programs that are entirely taught in English.  Study costs in Estonia  A bachelor's degree should typically cost from 1,000 to 8,000 EUR (Rs. 1 to 7 lakhs) annually. It will cost approximately 11,000- 12,000 EUR (9- 10 lakhs) per year to pursue a specialized degree, such as a medical degree. International students can apply for scholarships, however, they are typically only for postgraduate studies. Monthly living expenses range from 500- 600 EUR (Rs. 50,000- 60,000).  If your child is exploring foreign universities for higher education but considering European countries is a must. Future costs for studying abroad will rise up so calculate how much it will cost you in the future rather than relying on current price rates! Use our college cost calculator to figure out the cost of studying for UG courses. Talk to An Expert FAQs Which country is most affordable to study? There are many countries that offer affordable degrees to international students. Some of these countries are: Germany Switzerland Denmark Spain Poland Estonia Which country is the cheapest to study abroad for Indian students for a bachelor's degree? Germany, Poland, Norway, Austria, Ukraine, Georgia, Netherlands, and Russia are some of the cheapest countries for to study in for Indian students to pursue bachelors. In fact, studying medicine in countries like Russia, Ukraine, Bangladesh, China, & Nepal is cheaper than studying in Indian private universities. Which country is expensive for Indian students? Countries like the USA, UK, Australia, Switzerland, and New Zealand can be expensive for Indian students. Countries like the UK and the USA are expensive because of their popularity and high costs of living. They are also extremely sought after and the tuition fees at these universities can range between 15 to 30 lakhs per annum.

Studying abroad is a dream shared by many Indian students seeking to broaden their horizons, gain a global perspective, and enhance their educational and career prospects. While the cost of studying abroad can be a significant consideration, several countries offer excellent educational opportunities at affordable prices. This blog will delve into some of the cheapest cities for Indian students to study abroad. These places provide high-quality education and offer reasonable living expenses, making them attractive destinations for aspiring scholars. Explore Low-Cost Study Abroad Cities 1. Taipei, Taiwan Taiwan, often overlooked by Indian students, boasts exceptional educational institutions at affordable rates. Taiwan's cost of living and tuition fees are significantly lower than in many other countries. Cities like Taipei, Taichung, and Tainan offer a vibrant cultural atmosphere, state-of-the-art facilities, and globally recognized degrees—scholarships, such as the Taiwan Scholarship Program and various university-specific grants, further support international students financially. Taiwan's blend of affordability, academic excellence, and cultural richness makes it an ideal destination for Indian students. The average cost of living in Taipei is ₹60,000 - 80,000 per month in 2023. https://www.youtube.com/watch?v=Wzd8dXqjxEU 2. Lyon, France France, renowned for its rich cultural heritage and esteemed universities, provides numerous options for Indian students seeking affordable education. Although Paris is known for its higher cost of living, several cities such as Lyon, Toulouse, and Grenoble offer lower living expenses while maintaining excellent academic standards. French universities also provide various scholarships, such as the Eiffel Excellence Scholarship Program, enabling Indian students to pursue their studies at a reduced cost. Studying in France offers quality education and an opportunity to immerse oneself in a diverse and vibrant culture. The average cost of living in Lyon is ₹82,000 - 1 lakh monthly in 2023. Explore Low-Cost Study Abroad Cities 3. Warsaw, Poland Poland has become an attractive study destination due to its affordable education system, low living costs, and high-quality universities. Cities like Warsaw, Kraków, and Wrocław offer a range of degree programs taught in English, making them accessible to international students. Polish universities are known for their research facilities and academic excellence, creating a conducive environment for Indian students to pursue their educational goals. Moreover, numerous scholarships, such as the Polish National Agency for Academic Exchange, are available for international students, providing financial assistance and making Poland an appealing choice. The average cost of living in Warsaw is ₹40,000 - 60,000 per month in 2023. Cheapest City to Live in India Read More 4. Mexico City, Mexico With its rich history, vibrant culture, and affordable education, Mexico presents a unique opportunity for Indian students. Cities like Mexico City, Guadalajara, and Monterrey offer a wide range of courses in English, making them accessible to international students. Tuition fees in Mexican universities are relatively low compared to other study-abroad destinations. Additionally, Mexico provides scholarships, such as the Mexican Government Scholarship Program, to support international students financially. Choosing Mexico as a study destination allows Indian students to experience a dynamic blend of education, cultural diversity, and affordability. The average cost of living in Mexico City is ₹80,000 - 90,000 monthly in 2023. 5. Kuala Lumpur, Malaysia Malaysia has become an affordable study-abroad destination without compromising quality education. Cities like Kuala Lumpur, Penang, and Johor Bahru offer a range of programs in various disciplines at reasonable tuition fees. The cost of living is relatively low, and scholarships such as the Malaysia International Scholarship are available for Indian students. Malaysia's multicultural society, warm hospitality, and excellent education system make it an attractive choice for Indian students seeking an affordable study abroad experience. The average cost of living in Kuala Lumpur is ₹80,000 - 90,000 monthly in 2023. 6. Prague, Czech Republic The Czech Republic is renowned for its rich history, cultural heritage, and top-notch education system. Prague, the capital city, has several prestigious universities offering various programs. Tuition fees in the Czech Republic are generally lower than in many other European countries, and the cost of living in Prague is relatively affordable. The city's picturesque beauty, vibrant nightlife, and diverse student community make it an enticing destination for Indian students. The average cost of living in Prague is ₹27,000 - 60,000 monthly in 2023. 7. Budapest, Hungary Hungary is gaining popularity among Indian students as a budget-friendly study-abroad destination. Budapest, the capital and largest city is known for its stunning architecture, vibrant nightlife, and rich history. Hungarian universities offer a wide range of programs taught in English at affordable tuition fees. The cost of living in Budapest is significantly lower than in other major European cities, making it an ideal choice for students on a tight budget. The average cost of living in Budapest is ₹34,000 - 65,000 per month in 2023. For Indian students aspiring to study abroad on a limited budget, several countries provide excellent opportunities without compromising on quality education. The countries mentioned above offer affordable tuition fees, lower living costs, and various scholarship options. These countries ensure a well-rounded educational experience and provide opportunities for cultural immersion and personal growth. As you embark on your journey to study abroad, consider these destinations, weigh your options, and choose the one that aligns best with your academic goals and financial situation. The world awaits you! Talk To An Expert Disclaimer:These are merely average costs of living in a city. The actual costs may differ based on your lifestyle and personal expenses.

The cost of a master's degree in Canada can be anywhere up to 22,88,090.71 lakhs. The course structure is 1-2 years, including research and coursework.  As the structure of college fees and syllabus varies from university to university, you must plan the finances. Apart from the education expenses, the guardians must meet every child's needs, from a laptop to a mess and study tour expenses. https://www.youtube.com/watch?v=nyV0rwJu-7c Should your child study master's in India or Canada?  The table here will help you find the apt answer to your question:  Parameters Masters in India Masters in Canada Total Costs of Masters ₹ 2-4 lakhs (yearly) Around ₹ 15-30 Lakhs (Yearly) (Minus the living costs) Job opportunities If you own a Masters’s degree from a reputable college, you may get grab a handsome package in a reputed company. Students pursuing a PG (Post-Graduation degree in Canada, mainly apply for Master’s in Healthcare, tech, and engineering is highly searched for by reputed companies.  Education standards Good research opportunities matter more than the coursework program Universities in Canada ensure top-notch research faculty. As per QS Education System Strength Ranking, Canada is among the top 5 educational standards. Top Universities University of Delhi Banaras Hindu University, IIT Delhi, IGNOU University of Toronto McGill University  University of British Columbia        Fresher’s salary  The average salary of a fresher after a master’s in India is Rs, 20,000/month.  The average salary of a fresher after a Masters’s in Canada is around 2,68,527/month.  Should you consider India or Canada? If you want to remain around family, share uncertainty regarding jobs abroad, and seek affordable education, India is the best place to be. If you want to ensure a high standard of living, have sufficient financial backup, and be confident about your skills to gain opportunities, you can pursue Masters's in Canada.  MBA or PGDM in Canada? Read More How much you must save for your child’s master’s in Canada?  You would need to save around 3-17(approx.) lakhs in a year for 5 to 10 years to comfortably send your child to study in Canada. It is a fairly expensive country which means your savings fund needs to be sufficient to help them manage expenses despite the rupee fall and increase in the prices of goods and services. 6 ways to fund masters in Canada   The expenses are hauntingly terrific. Here is how you can cover up tension-free:   1. Mutual Funds   Mutual funds are the best way to invest and reap returns after some years., If your child has around 5-10 years to get into university, it is advisable to invest in mutual funds. These funds help double up your investments if invested for a long time. Moreover, it will help you counter inflation in the later years. These are subjected to market risks. Hence, consult an expert before investing.  2. Scholarships  To qualify for scholarships in Canada, one must maintain an average of at least 80%, as determined by the Admissions and Financial Awards Office. Applicants with a higher than 80% average may qualify for large scholarships.  Global Affairs in Canada (GAC) provides multiple scholarship programs to international students to qualify. These include scholarships from Government and Research Council. The country also offers scholarship programs for talented postgraduates aiming for Canada. There are more ways to apply for scholarships from India to Canada:   Agence Universitaire de la Francophonie (AUF) is the largest network that provides higher education across the globe. You may make an application for a grant to fund education for up to 10 months.  International Scholarships from Canadian universities. 3. International grants from different Canadian universities  There is a different criteria to apply for grants from Canadian universities. Students from Nunavut, Quebec, and Northwest territories are subjected to following a distinct procedure to apply for grants.  Some Canadian universities offer individual scholarships to international students applying to a particular university. Before applying for a university, check whether or not it offers any grants or scholarships. The qualification criteria may vary from university to university in Canada.  4. Research Council scholarships in Canada  The government of Canada and the Research Council provides scholarships for international students. To ensure the highest research standards, Canada provides research grants for academic works in different fields in Masters. Check the eligibility criteria for the research council Scholarships.  5. Accelerate programs   It is for full-time postgraduate international and national students in Canada. These programs fund interesting project ideas and help build networks to establish businesses outside Canada. In this, students must qualify for the standards set up by the accelerated program. By doing so, the individual can earn a stipend of up to $10,000 for four months. 6. Education Loans: Finally, you can always opt for an education loan when you have exhausted all your efforts. Connect with the best banks that offer help interest rates, and help your child figure out a repayment plan.   You can easily fund your child’s masters in Canada if you start saving and investing early on. Find out the cost using the college cost calculator and explore the recommended funds that can help you scale your child’s education corpus in no time. Don’t forget to consult a financial advisor before starting. FAQs How do I get full funding for a Masters in Canada?   To get full funding for a Master's in Canada, you can apply for scholarships, grants, and assistantships offered by universities, research institutions, and the Canadian government. Additionally, explores funding opportunities from international organizations and private foundations.  How can I get a free Master's in Canada?  Getting a completely free Masters in Canada is challenging, but you can explore fully funded scholarships, assistantships, and grants. Additionally, consider universities with low tuition fees or work-study programs to offset costs.  How to get a 100% scholarship for Master in Canada?  Getting a 100% scholarship for Masters in Canada is highly competitive. To increase your chances, maintain a strong academic record, research available scholarships, and submit outstanding applications showcasing your achievements, skills, and potential contributions.  TALK TO AN EXPERT