New Icon Achieve your dreams: Apply for EduFund Scholarship Program 2023 today

Apply now
How to build a strong support network while studying abroad? 

How to build a strong support network while studying abroad? 

Studying abroad can be a life-changing experience, offering students the opportunity to immerse themselves in a new culture, learn new languages, and gain valuable skills that can help advance their careers. However, being away from home can also be challenging, especially when it comes to building a support network. This is where an abroad education loan for a support network can come in handy.   By providing financial assistance, an education loan abroad can help students establish a solid support system and ensure that they have everything they need to succeed academically and personally. In this article, we'll share some advice on how to build a strong support network while studying abroad, with a focus on the requirements to study abroad, education loans for abroad eligibility, and student loans in India to study abroad.  Research and Planning  Before embarking on a study abroad journey, it's important to do thorough research and planning to ensure that you have everything you need to build a strong support network. This includes understanding the requirements to study abroad, such as visa applications, language proficiency tests, and academic requirements. Additionally, it's important to research the culture and customs of your host country, as this can help you better understand the people and build more meaningful relationships.  Once you have a clear understanding of the requirements and culture, it's time to start planning how you will build your support network. This may involve reaching out to family and friends who have connections in your host country, joining online groups or forums, or attending events and activities organized by your school or local community.  Establishing connections  Once you arrive in your host country, it's important to start establishing connections right away. This may involve attending orientation events or joining student clubs and organizations. These groups can provide a great opportunity to meet like-minded individuals who share your interests and goals.  In addition to school-related groups, you may also want to consider joining local community organizations, such as volunteer groups or sports teams. These can provide a great opportunity to meet people outside of your school and gain a deeper understanding of the local culture.  https://www.youtube.com/watch?v=Dhe2ezcmKJw Staying connected  Creating a network of supporters is just the beginning. It's also important to stay connected with the people you meet, even after you leave your host country. This can involve staying in touch through social media, email, or video calls. Additionally, you may want to consider visiting your host country again in the future, as this can help you maintain relationships and continue to build your support network.  How an abroad education loan can help?  While building a support network is important for all students studying abroad, it can be particularly challenging for those who are facing financial constraints. This is where an abroad education loan can be a valuable tool. By providing financial assistance, an education loan abroad can help students cover the costs of tuition, accommodation, and other expenses, allowing them to focus on building their support network and achieving their academic goals.  However, it's important to note that not all education loans are created equal. Before applying for an education loan abroad, it's important to understand the eligibility requirements and terms and conditions. For example, some lenders may require a co-signer or collateral, while others may have strict repayment terms.  In India, there are several options for student loans to study abroad, including those offered by the government and private lenders. Students can apply for these loans through their schools or directly with the lender. It's important to compare different options and choose the loan that best fits your needs and budget.  Tips for building a strong support network while studying abroad  Here are some tips that can help you build a strong support network while studying abroad:  Be open-minded: Be receptive to many cultures, experiences, and individuals. This can help you establish meaningful connections and gain a deeper understanding of your host country.  Attend orientation events: Orientation events provide a great opportunity to meet other students and learn more about your school and host country.  Join student clubs and organizations: Joining student clubs and organizations can help you meet like-minded individuals who share your interests and goals.  Volunteer: Volunteering is a fantastic opportunity to make new friends and give back to the community.  Attend local events and activities: Attend local events and activities organized by your school or community, such as festivals, concerts, and sports events.  Use social media: Social media can be a great way to stay in touch with the people you meet while studying abroad.  Reach out to family and friends: If you have family or friends who have connections in your host country, reach out to them for support and advice.  Be patient: Building a support network takes time, so be patient and persistent in your efforts to establish connections.  Tips for preparing college applications Read More Benefits of building a strong support network while studying abroad  Building a strong support network while studying abroad has many benefits, including:  Emotional support: A strong support network can provide emotional support and help you cope with the challenges of living in a new country.  Professional networking: Building a support network can help you make professional connections and gain valuable insights into your chosen field.  Cultural immersion: By building a support network, you can gain a deeper understanding of the local culture and customs.  Improved language skills: Interacting with native speakers can help you improve your language skills and gain confidence in speaking a foreign language.  Lifelong friendships: Building a support network can help you establish lifelong friendships and connections that can benefit you both personally and professionally.  In conclusion, building a strong support network is essential for students studying abroad. It can provide emotional support, professional networking opportunities, and a deeper understanding of the local culture. An abroad education loan can be a valuable tool to help students cover the costs of studying abroad and focus on building their support network. By following these tips and strategies, students can make the most of their study abroad experience and achieve their academic and personal goals. 
What is the cost of studying at IIT?

What is the cost of studying at IIT?

IITs are renowned for offering outstanding academic and employment prospects, making them highly sought-after institutes for engineering education.   Candidates must first pass the JEE Mains exam and then the JEE Advanced exam in order to be admitted to an IIT. They can then apply for admission to an IIT if they are successful. The cost of attending the various IITs in India frequently piques the interest of prospective students. Let’s find out the IIT total fees for 4 years for prospective students.  IIT Fee structure  The IIT total fees for 4 years for a B.Tech. are as follows:  Organization Name *Fees for (General and OBC candidates) in Rs. *Total Fee (SC/ST candidates) in Rs. IIT Kharagpur 950000 175000 IIT Mumbai 900000 125000 IIT Chennai 825000 320000 IIT Kanpur 868000 190000 IIT Delhi 900000 250000 IIT Guwahati 875000 230000 IIT Roorkee 867000 300000 IIT Bhubaneshwar 980000 250000 IIT Gandhinagar 990000 340000 IIT Hyderabad 920000 290000 IIT Patna 840000 330000 IIT Punjab (Ropar) 500000 90000 IIT Rajasthan (Jodhpur) 970000 180000 IIT Indore 990000 350000 IIT Mandi 870000 80000 IIT BHU 950000 260000 IIT Bhilai 820000 350000 IIT Dharwad 985000 195000 IIT Goa 890000 290000 IIT Jammu 100000 180000 IIT Palakkad 930000 280000 IIT Tirupati 850000 250000 ISM Dhanbad 820000 240000  The new pricing structure for IIT Bombay is shown below IIT Bombay is one of the toughest IITs to crack. Here are the IIT Bombay total fees for 4 years:  Caution money (refundable)  ₹ 2,000 One-time fee  ₹ 5,000 Tuition fees  ₹ 1,00,000 Other fees  ₹ 3,750 Extra (Annual fees)  ₹ 126  Total Amount  ₹ 1,10,876  The cost of the dorm and the meal plan per semester Mess caution fee (refundable)  ₹ 1,000 Hostel Seat Rent  ₹ 500 Electricity and water fee  ₹ 2,500 Hostel Subsidy fee  ₹ 6,000 Hostel Establishment fee  ₹ 2,000 Mess fee  ₹ 13,000 Total Amount  ₹ 25,000  Most expensive colleges in India Read More Available scholarships for engineering standards  1. MOMA Scholarship  The Ministry of Minority of Minority Affairs sponsors the MOMA Scholarship, a merit-based financial aid award. This grant is intended for minority students who display outstanding academic performance but have limited financial resources. Candidates from the minority community include Muslims, Sikhs, Christians, Zoroastrians, Buddhists, and Jains. Students at the Indian Institutes of Technology are reimbursed for their whole tuition costs. In the minority community, girls make up 30% of scholarship recipients.  2. The North-South Foundation Scholarship  Undergraduate students seeking admission to engineering, medicine, or diploma programs can apply for scholarships from the North-South Fund. If a candidate's family income is less than 90,000 annually and they scored in the top 10% on their state CET, 10th, and 12th-grade examinations, they are eligible for the award (Common Entrance Test). Students coming from government schools, and colleges, and applying to government undergraduate colleges are given preference.  3. Golden Jubilee Scholarship from LIC  The scholarship is awarded to applicants whose annual household income does not exceed 1,00,000. It is offered during the entire semester. A total of 10,000 is offered in 10 installments (at a rate of $1,000 per month).  4. Scholarships from the UGC for Rank Holders  Scholarships are offered by the University Grants Commission (UGC) to students in an effort to advance higher education in the nation. This is awarded to individuals who finished first and second in their undergraduate colleges and are enrolled in post-graduate coursework.  5. Google Anita Borg Scholarship  Only female applicants are eligible for this scholarship. It is offered to women studying graduate and postgraduate studies in the sciences. The decision is made based on leadership abilities and academic achievement.  Consult an expert advisor to get the right plan TALK TO AN EXPERT FAQs Are all IITs in India supported by the government?  Certainly, the IIMs have received financial support from the Ministry of Human Resources and Development, but this has no bearing on policy choices or regular business.  What is the cost of a B.Tech in CSE at IIT Bombay?  A BTech in CSE at IIT Bombay costs approximately INR 8.55 lakhs for the entire program. What is the most a student from India can borrow for a college loan?  The maximum amount for an education loan for graduate studies is Rs. 75 lacks. Depending on the circumstances, the loan's amount fluctuates. Additionally, the bank has complete control over the repo rate spread. Throughout the loan's term, the spread could alter.  Does IIT Madras offer a B.Sc. in Programming & Data Science program on campus?  There is no similar on-campus program. This curriculum has been painstakingly created by IIT Madras to be entirely online. Is free enrollment at IIT possible?  Admission to IITs requires payment of tuition. Only those who have passed JEE Mains are eligible to take the IIT JEE Advanced exam, which is required for admission to IITs. IIT tuition fees vary by student, but a B. Tech should cost about Rs. 10 lakhs. 
Affordable universities in the UK

Affordable universities in the UK

A recent survey has shown that over 7.5 lacks Indian students went abroad last year. Amongst the top 3 destinations for Indians was The United Kingdom. The country has a top-notch educational system. But its affordability is less well known. Here are some affordable universities in the UK that you cannot miss!   List of affordable institutions in the UK for foreign students  1. University of Cumbria  Founded in 2007, the University of Cumbria is a public research institution. It is in the city of Carlisle in the Northwestern part of the UK and is considered the cheapest university in the UK for masters. It has a history of involving and welcoming students from all around the world in transdisciplinary research. The long-term objective of the institution is to provide its students with the knowledge and abilities necessary to realize their full potential and pursue rewarding jobs.  One of the low-cost universities in the UK for international students is Cumbria University. Depending on the academic level and nature of the course, different tuition rates apply. The institution offers more than 100 diverse courses.  Courses Duration Tuition Fees MBA (6 Courses) 2 Year - 5 Year GBP 12000 Engineering (2 Courses) 2 Year - 4 Year GBP 4500 Science (16 Courses) 1 Year - 4 Year GBP 10500 Arts (31 Courses) 1 Year - 6 Year GBP 7000 Law (15 Courses) 1 Year - 6 Year GBP 10500 Media Films (12 Courses) 1 Year - 6 Year GBP 9000 Hospitality & Tourism (1 Course) 4 years GBP 10500 Information Technology (IT) (1 Course) 2 years GBP 10500 Management (22 Courses) 1 Year - 4 Year GBP 9000  2. University of Coventry, UK  The public institution, Coventry University, was founded in 1992. It is situated in Coventry, a city in the West Midlands region of England. A satellite campus of the institution is situated in London, and the main campus is in Coventry. As the cheapest university in London, this has become a safe haven for many international students.   About 130 bachelor's and 100 master's level courses are available at Coventry University. The number of overseas students at the university is likewise significant. Over 31% of students are international, according to statistics.  Coventry University has often been listed among the best colleges. The university is listed among the top 600 universities in the world according to the QS world university rankings. It has one of the lowest tuition costs of any prominent university in the UK. Course Intake Average International student fees MBA September, January, and May £18,600 MSc September and January £16,600 MSc with Extended Professional Practice September and January £16,700 Undergraduate Degree September and January £13,900 Undergraduate Top-up Degree September and January £13,900  3. Staffordshire College, UK  Public university Staffordshire University offers a top-notch education. It currently provides degrees to more than 15,000 students. It has consistently ranked among the top 100 universities in the UK for a long time. For overseas students, this university offers the cheapest MBA program in the UK. Staffordshire College is one of the cheapest universities in the UK for master's as well.  Staffordshire University has a few departments and programs that rank among the top ten in the UK. It is well known for having science departments that conduct a lot of research and is highly recommended and ranked because of its work.  The psychology department  The biosciences departments  The molecular biochemistry departments  Type of course Tuition fees Staffordshire University offers on-campus undergraduate courses for the Foundation Degree, BSc, BA, BEng, LLB, and other degrees $9,250 annually 2-year accelerated degree courses £11,100 per year The placement fee for the industry-related year of a four-year sandwich program. £1,850 Tuition fee if spending the whole academic year abroad £1,385  https://www.youtube.com/shorts/uIB8e2Q3d5M 4. The Bolton University, UK  A public research university, The University of Bolton was established in 1982 but only received university status in 2004. It is situated in the Greater Manchester city of Bolton. It is a prestigious higher education institution in the nation. This university is for you if you're seeking an inexpensive masters in the UK.  Special effects for film and television, visual effects for film and television, and other specialized degrees are available from the University of Bolton.  It provides a range of occupational courses in addition to the more conventional academic ones. Around 14,000 students attend, and 700 academic and professional staff members work there.  Courses Average Fees Undergraduate degree £12450 Per year Master's degree £12450-13950 Per year PhD Approx £12450 Per year  5. Trinity University of Leeds, UK  In Horsforth, England, there is a public institution called Leeds Trinity University. It was founded in 1966, and it was given full university status in 2012. The University offers high-quality courses at affordable prices while being modest in comparison to most UK universities.  In a variety of humanities and social sciences, the institution provides foundation courses, undergraduate coursework, as well as postgraduate degrees. Every year, there are more and more international students attending the university.  Leeds Trinity University is without a doubt one of the most affordable universities in the UK for foreign students. Students are given improved support and assistance in this setting, which helps them quickly feel at home.  COURSE TUITION FEES Three-year undergraduate degree course £12,000 (per year) Two-year undergraduate degree course  £12,000 (per year) MA Childhood and Education £11,500 MA Creative Writing £11,500 MA Criminology and Criminal Justice £12,500 MSc Data Science and Artificial Intelligence £12,750 MA Family Support £11,500 MA International Business £12,500 MA Journalism £12,500 LLM Law £12,500 MBA £12,500 MA Mental Health in Children and Young People £11,500 PhD, MPhil or MbR (cost per year) £12,500 MSc Project Management £12,500 MSc Psychology (conversion)  £12,500 MA Victorian Studies £11,500 Must Note: These figures are taken from the official websites and are mere reference points. Tuition fees are changed every year. Please check the official website before applying.  Conclusion  The UK is a good option for international students looking for an affordable, top-notch education. We wish you luck in your search for a decent list of reasonably priced UK schools that provide a range of degrees. You can also apply for scholarships and awards to help pay for your education. 
Affordable Universities in Canada

Affordable Universities in Canada

Canada has become a popular destination for international students who are looking for quality education at an affordable price. With a reputation for being a welcoming and safe country, Canada offers a range of universities that cater to students from around the world.   The best and most cheap education may be found in Canada, one of the top locations for international students. Canada is one of the most affordable countries that offers top-notch education, with tuition fees ranging from 12,000 to 30,000 CDN annually.  Hence, we can assure you that you're in the proper place if you're seeking cheap and economical institutions in Canada. Continue reading to learn about some of the most affordable institutions in Canada, as well as some of the most well-known Canadian cities, such as Toronto, Quebec, Vancouver, etc. 11 universities in Canada for international students 1. Brandon University  Located in Manitoba, Brandon University offers low tuition fees for international students. The university has a reputation for small class sizes and personalized attention from professors. The tuition fee for international students is approximately $12,000 CAD per year.  2. Memorial University of Newfoundland  The Memorial University of Newfoundland is located in St. John's and offers a range of programs at affordable prices for international students. The tuition fee for international students is approximately $11,000 CAD per year.  3. University of Manitoba  Located in Winnipeg, the University of Manitoba is one of Canada's largest universities and offers affordable tuition fees for international students. The tuition fee for international students is approximately $16,000 CAD per year.  4. University of Prince Edward Island  The University of Prince Edward Island is located in Charlottetown and offers affordable tuition fees for international students. The tuition fee for international students is approximately $12,000 CAD per year.  5. Athabasca University  Athabasca University is a distance education university that offers affordable tuition fees for international students. The tuition fee for international students is approximately $9,000 CAD per year.  6. University of Saskatchewan  Located in Saskatoon, the University of Saskatchewan offers affordable tuition fees for international students. The tuition fee for international students is approximately $20,000 CAD per year.  7. University of Regina  The University of Regina is located in Saskatchewan and offers affordable tuition fees for international students. The tuition fee for international students is approximately $20,000 CAD per year.  8. University of Northern British Columbia  The University of Northern British Columbia is located in Prince George's and offers affordable tuition fees for international students. The tuition fee for international students is approximately $20,000 CAD per year.  9. University of the Fraser Valley  Located in Abbotsford, the University of the Fraser Valley offers affordable tuition fees for international students. The tuition fee for international students is approximately $16,000 CAD per year.  10. Vancouver Island University  Vancouver Island University is located in Nanaimo and offers affordable tuition fees for international students. The tuition fee for international students is approximately $17,000 CAD per year. 11. The University of Toronto (Free University)  The University of Toronto offers a program called the School of Continuing Studies, which offers free courses online. These courses are available to anyone, anywhere in the world, and are a great way to explore a new subject or learn a new skill.  Check out our College Cost Calculator to know the future cost of studying!   In conclusion, there are numerous affordable universities in Canada from which to choose. Foreign students typically choose institutions with affordable tuition and academic programs that have won awards. Also, the majority of Canada's affordable universities have strong placement and ROI rates for international students.  FAQ Can I study in Canada for 10 lakhs?  Schooling in Canada could indeed cost anywhere between rs 10 lakh to 40 lakhs INR for a foreign student. In Canada, the annual tuition for undergraduate programs ranges from 5 lakhs to 10 lakhs INR. In Canada, the cost of living for students can range from 1.4 lakhs to 5 lakhs per year (based on the choice of accommodation).  Is Canada cheap to study in?  Canada has considerably lower tuition fees when compared to other affluent nations like the US and the UK. An overseas undergraduate student should budget, on average, 30 lakhs for one academic year, according to Statistics Canada. Can a poor student study in Canada?  If you want to study for free in Canada, you can pick a school with affordable tuition or get a part-time job. Another means of reducing your expenses is to apply for scholarships. International students are eligible to apply for a range of scholarships offered by different organizations and institutions.  Is Canada cheap to study for Indian students?   It is undoubtedly more expensive to study in Canada than in India. Nonetheless, studying in Canada is far less expensive than in other top nations like the US and the UK. 
Affordable universities in NewZeland

Affordable universities in NewZeland

One of the most popular places in the world to study abroad in New Zealand. This amazing country has something else to give right now. For overseas students looking to pursue graduate and higher education or who wish to study in New Zealand in a variety of fields at a less expensive and accessible cost, it has the potential and capability to provide high-quality education that is also affordable.   New Zealand is renowned for having a top-notch educational system and degrees, certifications, and diplomas that are accepted around the world. The most affordable New Zealand universities for overseas students are in this blog.  1. University of Otago  The University of Otago in New Zealand, established in 1869, is ranked 217 in the QS World University Rankings of 2023 and is well-known for offering affordable programs in various fields of study. It has a student population of around 21,000, including 3,000 to 5,000 international students. The university is divided into four academic divisions with faculties, schools, colleges, and departments. Humanities and Business programs tend to be less expensive than Science and Health Sciences programs.  Course duration and first-year tuition fees of some popular courses at the University of Otago are as follows:  MBBS (6 years): INR 16.8L  MBA (15-24 months): INR 31.3L  MS (12-24 months): INR 15.3L-19.2L  BE/BTech (3 years): INR 15L  MIM (1 year): INR 21L  BSc (3 years): INR 12.2L-15L.  2. Victoria University of Wellington  The Victoria University of Wellington, established in 1897, is a renowned university in New Zealand and is ranked 275 in the QS World University Ranking of 2023. The university has over 20,000 students from around the world and three campuses in Wellington, New Zealand. It is well-known for its comprehensive graduate and postgraduate programs in various fields of study and its affordable tuition fees. The university also offers New Zealand Excellence Awards.  The course duration and first-year tuition fees of some popular courses at the Victoria University of Wellington are as follows:  Executive MBA (18 months): INR 21L  MIM (1-2 years): INR 13.3L-19.9L  MS (12-24 months): INR 11.8L-26.6L  BE/BTech (3-4 years): INR 13.7L-15.3L  BSc (3 years): INR 13.7L  MEng (1 year): INR 16.6L  March (2 years): INR 16.6L Cost of the university for parents Read More 3. University of Waikato  The University of Waikato, established in the early 1960s, is another popular university for its quality and affordable education. The alma mater of the Prime Minister of New Zealand, it secured a rank of 331 in the QS World University Ranking 2023. The campus currently has over 10,000 students from different countries around the world. The university offers a wide range of programs in various fields of study including arts, social sciences, science, mathematics, education, health, business, language, mass communication, engineering, and management. It also provides international scholarships, such as the University of Waikato International Scholarships for Indian students.  Courses Duration 1st Year Tuition Fees  MBA 18 Months INR 19.1L  BE/BTech 4 Years INR 14.2L – 17L  MS 12 – 24 Months INR 14.4L – 16.2L  MIM 1 Year INR 13.9L – 21.3L  BBA 3 – 4 Years INR 13.6L – 14.2L  BSc 3 Years INR 13.6L – 14.2L  MEng 1 Year INR 17.6L https://www.youtube.com/shorts/BSAN2pff3Y8 4. Massey University  Massey University is one of the most affordable universities in New Zealand, making it to our list of cheapest universities. It was founded in 1927 and is publicly funded, offering scholarships to international students in a variety of courses. The university is in Palmerston North, New Zealand, with two additional campuses in Albany and Wellington. Massey University is known for its integrated programs, which are renowned in fields such as engineering, social sciences, medicine, management, and business.  Courses Duration 1st Year Tuition Fees  MBA 12 Months INR 25.3L  MIM 1 – 1.5 Years INR 14.2L  MS 12 – 24 Months INR 16.3L – 18.6L  BBA 3 Years INR 13.6L  MEng 1 Year INR 15.6L – 17.5L  BE/BTech 3 – 4 Years INR 13.6L – 16.6L  BSc 3 Years INR 14.8L  5. University of Canterbury  The University of Canterbury, located in Christchurch, has earned a spot in our list of the cheapest universities in New Zealand, with a ranking of 284 in the QS World University Rankings of 2023. This public university has been welcoming international students for decades and is known for its affordable education. Established in 1873, the university offers a range of courses in various fields such as medicine, engineering, natural sciences, business administration, and humanities at a reasonable price. International students can benefit from numerous scholarships provided by the University of Canterbury for both undergraduate and graduate programs. Moreover, the university offers several engineering scholarships, which are among the best scholarships available in New Zealand.  Courses Duration 1st Year Tuition Fees  MBA 16 Months INR 26L  MEng 1 – 1.3 Years INR 20.4L  MS 12 – 24 Months INR 17.8L – 20.4L  BE/BTech 3 Years INR 14.2L – 17L  BSc 3 Years INR 16.3L  6. Lincoln University  Next on our list of affordable universities in New Zealand is Lincoln University, established in 1878. Despite its smaller size, the university has a diverse student population of around 3,000 to 3,500 students, with almost 43% of the students coming from other countries. Lincoln University is ranked 368 in the QS World University Rankings of 2023 and offers a range of graduate and postgraduate courses at affordable fees to international students.  Here are the first-year tuition fees and duration for some of the courses offered by Lincoln University:  Courses Duration 1st Year Tuition Fees  MBA 12 Months - Global Management & Marketing: INR 22.9L  Accounting & Finance: INR 20.9L  MS 24 Months INR 13.2L – 15.5L  MIM 1 Year INR 18.5L  BSc 3 Years INR 14L – 14.4L  BHM 3 Years INR 13.2L  M.Arch 1 Year INR 18.5L  Conclusion New Zealand is quickly growing in popularity among international students looking for a good education at a reasonable price. Several institutions in the nation provide a variety of programs at tuition rates that are comparably lower than those in other nations, making it a desirable option for students on a tight budget.   The universities on our list, including the University of Otago, University of Waikato, Massey University, University of Canterbury, and Lincoln University, have made a name for themselves in the field of higher learning by providing a wide range of programs in various academic specialties. Furthermore, many universities offer financial aid and scholarships to foreign students, facilitating their pursuit of higher education ambitions. Overall, attending one of New Zealand's more affordable institutions can be beneficial for both academic and financial reasons. 
London School of Economics Scholarship

London School of Economics Scholarship

The London School of Economics allows students to study in an environment that is diverse and fascinating. As a result, a number of world leaders have come from these institution halls.   LSE is ranked among the top 50 universities in the world by QS Rankings 2022. So many students want to graduate from this prestigious university.   LSE Scholarships are available to students who achieve in the classroom. A list of LSE Scholarships for Indian Students is provided on this site. To learn more, keep reading!  List of documents needed for an academic degree  A transcript of grades  English language proficiency certification  An updated resume  A statement of purpose  Letters of recommendation are required.  Financial Report  A passport photocopies  LSE Scholarships: What are they about?  The eligibility requirements and documentation needed for the Scholarships are described below:  1. Undergraduate Support Program at LSE  International students from disadvantaged backgrounds who are unable to cover their educational costs may apply for a scholarship under this program. The sum will vary based on each candidate's unique situation. Documents  Details LSE Undergraduate Scholarship Application form. The form must be properly completed in accordance with the instructions and submitted. 1 Academic Reference This document can be submitted with the application, or separately as well. Supporting Documents Depends on the information provided in the application form  2. JN Tata Scholarship Endowment The JN Tata Endowment, established in 1892 by the creator of the Tata Group, encourages young Indians to pursue higher education overseas by offering loan scholarships.  Documents  Details Statement of Purpose It should be addressed to “Trustees of the JN Tata Endowment.” It must clearly reflect the candidate's objectives and the reason(s) for selecting the particular course.  Letter of Recommendation  One LoR is required It should be either from a professor of the candidate’s college/university or the employer if the candidate was working.  3. Inlaks Foundation Scholarship  Young Indians are given Inlaks Shivdasani Scholarships to pursue full-time Master's, MPhil, and Ph.D. programs at prestigious universities in the USA, UK, and Europe.  Documents  Details Valid Passport Candidates need to submit a copy of their passports. English Language Certification If it’s necessary for their admission, candidates need to produce the required Certification before applying for the scholarship. Letters of Recommendation Two LoRs are mandatory One must be from an academic supervisor/professor.  4. Margaret Basu Scholarship  Scholarships named after Margaret Basu are given to students who are currently nationals of India. For a full-time Master's program, applicants must be conditionally or unconditionally accepted by LSE. The selection of recipients is based on both academic ability and financial necessity.  Documents Details Application for Graduate Admission at LSE It is required to submit the program application. LSE Graduate Financial Application Form This form has to be submitted via the Graduate Application Tracker. Acceptance Letter, Conditional or Unconditional, for the Selected Course of Study The proof of the candidate’s acceptance has to be submitted while applying for the scholarship.  5. Marchant Foundation LLM Scholarship  A former LSE Law Graduate's gift enabled the Marchant Foundation LLM Scholarship to be created. Indian applicants who are currently residents of India will receive priority consideration. Applicants with UK and EU fee status will only be taken into consideration if there are no appropriate Indian candidates.  Documents Details Application for Graduate Admission at LSE After adhering to the instructions, fill out the application form. LSE Graduate Financial Support Application Form This form has to be submitted through the Graduate Application Tracker.  Statement of Purpose  A solid personal statement detailing the candidate’s motivation and goals is required. Proof of Admission to the chosen course of study Proof that the candidate has been accepted into the chosen course of study is required.  6. Lady Meherbai Tata Education Trust Scholarship  Indian women can receive scholarships from the Lady Meherbai D Tata Education Trust to study overseas. Candidates must have a track record of excellence in the classroom. They must apply for admission to reputable overseas universities or obtain admission there. Candidates must have a minimum of two years of relevant job experience.  Documents Details Letter of Confirmation Proof of confirmation of acceptance needs to be submitted. Course Fee The details of the Course Fee are required. Curriculum Vitae An updated CV detailing the candidate’s educational and work experiences are required. Financial Statements The details of the candidate’s financial background are required.  7. Rajeeb Mukherjee Memorial Scholarship Due to a significant endowment, the Rajeeb Mukherjee Memorial Scholarship is given to qualified applicants from Canada, Bangladesh, and India. It would pay for the price of attending LSE.  Documents Details English Language Certification TOEFL-iBT – minimum score of 100 is required IELTS – Minimum score of 7.0 is required PTE Academic – Minimum score of 69 is required Offer of Admission Proof of acceptance to the chosen course has to be attached to the application. Academic References Letters of Recommendation from academic supervisors are required. Statement of Purpose An essay detailing the candidate’s personal goals and motivation to study the UG course has to be provided. Extra Cost Proof of any extra cost that affects the student has to be submitted. If there are medical costs involved, for instance, medical bills must be supplied. Income Certificate Income Certificates of parents/spouse/partner have to be submitted  Indian students who want to attend the London School of Economics for their higher study will benefit from the above-mentioned comprehensive list of LSE Scholarships. However, applicants are urged to verify the official website of the specific scholarship in case minor changes are introduced. Consult an expert advisor to get the right plan TALK TO AN EXPERT
Cost of studying medicine in Europe

Cost of studying medicine in Europe

Many students seek out other nations to complete their medical degrees, especially in Europe. The cost of studying medicine in Europe is surprisingly more reasonable than in India. Many private universities in India charge nearly 40 to 50 lakhs per annum for a medical degree. In comparison to this, several European nations with their inexpensive medical education have emerged as promising choices for these students.  European institutions are a popular choice among students due to their cutting-edge facilities and academically outstanding professors. In this blog, we've discussed the cost of studying medicine in Europe. Cost of studying medicine in Europe One of the biggest benefits of studying MBBS in Europe is the ability to save money with European medical education while still receiving an excellent education. The approximate cost of an MBBS in Europe in Indian rupees is as follows. UniversityFees/YearEuropean University5000 USD (INR 3.7 lakhs)Lviv National Medical University4900 USD (INR 3.6 lakhs)Ivane Javakhishvili Tbilisi Medical University6000 USD (INR 4.4 lakhs)Taras Shevchenko National University6000 USD (INR 4.4 lakhs)Bogomolets National Medical University5500 USD (INR 4.07 lakhs)Gdansk Medical University12,000 USD (INR 8.8 lakhs) Now, when it comes to living expenses while studying in Europe, they might change depending on the nation you have selected as well as the place where you will be residing. Following is the average cost of living in Europe. CountryAverage Living Costs to Study in Europe (Per year)Belgium10,200 -11,400 EUR (8.56 - 9.57 lakhs INR approx.)Netherlands9,600 -13,200 EUR (8.6 - 11.8 lakhs INR approx.)Austria11,400 EUR (9.57 lakhs INR approx.)Denmark14,400 EUR (12.9 lakhs INR approx.)Ireland12,000 EUR (10.7 lakhs INR approx.)Finland9,600 EUR (8,6 lakhs INR approx.)France9,900 EUR (8.3 lakhs INR approx.)Germany10,200 EUR (8.56 lakhs INR approx.)UK12,180 EUR (10.22 lakhs INR approx.)SwitzerlandCHF 22,734 (18.02 lakhs INR approx.)NorwayNOK 139,680 (10.78 lakhs INR approx.)Spain10,800 - 13,200 EUR (9.05 - 11.07 lakhs INR approx.)RussiaRUB 242,160 (2.51 lakhs INR approx.)SwedenSEK 96,000 (99,600 INR approx.)Note: The given figures are projections and can be reduced or increased by the universities and countries. Please always cross-check with the official websites at the time of admission. Top courses offered by European medical universities The top programs provided by European medical colleges are listed below. CoursesDurationMBBS/ MD6 yearsDentistry5 yearsPharmacy4 yearsNursing4 years Eligibility criteria for studying medicine in Europe The fundamental qualifying requirements for studying medicine in Europe vary depending on the program; we have listed the basic eligibility criteria for studying medicine in Europe below: You must be at least 17 years old on December 31 of the admittance year or older. The 10+2 standard test must be passed with a scientific degree. You must have Physics, Chemistry, Biology, and English as subjects in 12th grade. Additionally, you must receive at least a 50% on your 12th-grade exam. In order to apply for MBBS in Europe, you must pass the NEET test. At the time of admission, all original documentation must be shown. Top Universities to study medicine in Europe  If you want to enroll in one of the next intakes, these are the top universities in Europe for medical studies: Ivane Javakhishvili Tbilisi Medical University European University Taras Shevchenko National University Bogomolets National Medical University Lviv National Medical University Gdansk Medical University Different investment options to fund your child's cost of studying medicine in Europe There are several investment opportunities to help pay for your child's medical studies in Europe. Fixed deposits and other traditional products might not be enough to cover your child's educational costs. It is crucial to take other products into account, such as shares, balanced funds, and equity funds. You can select one of the following investment techniques based on your time frame: If your child will want the money within five years, debt mutual funds are the best choice. Such funds have the ability to produce returns that are higher than the rate of inflation while also supplying liquidity. For long-term objectives, you can combine several financial instruments. Gold, equities, and debt are all investment options available to you. Buying stocks gives investors the chance to eventually generate more money, even if exposure to the stock market may be dangerous. One of the best investment alternatives for supporting a child's education is the PPF. To amass significant wealth, you must begin this early and invest consistently. A variety of Child-focused services are offered by several insurance companies. When your kid needs the money to pay for higher schooling, you could opt to set more responsible regulations in place. Children's investment plans can assist you in preparing financially for rising education costs, unexpected illnesses, and unfortunate circumstances. As soon as you can, you should start making plans for your child's future. By doing this, the associated risks are dispersed and your assets have more time to grow. Consult an expert advisor to get the right plan TALK TO AN EXPERT
What is the cost of studying MBA abroad?

What is the cost of studying MBA abroad?

The cost of studying for an MBA abroad can be high compared to studying MBA in India. Indian students have to pay higher tuition fees than international students and have to manage living costs in a foreign currency. All these factors can affect the overall cost of studying MBA abroad much higher.   Students can choose from any of the foreign nations to complete the MBA program. The cost of an MBA is determined by the area of expertise and study location you choose. The typical tuition cost and daily living expenses for international students are listed below Pre-arrival costs for studying MBA abroad  Even before departing for an MBA abroad, an international student must pay a range of expenditures. The pre-arrival costs associated with admission exam registration fees, application fees, visa application fees, flights, etc., must be included in the MBA fees in foreign countries. Look at the estimated pre-arrival costs included in the MBA abroad tuition for Indian students:  Costs:  IELTS registration fee – INR 18,000-19,000   TOEFL registration fee – INR 14,550   GRE registration fee – INR 15,700   GMAT registration fee – INR 21,000   Airfare (depending on destination) - INR 30,000-120,000   https://www.youtube.com/watch?v=sIJ5VeZQODE Application fees for International MBA  When enrolling for an MBA overseas, you will be required to pay an application fee. This cost is included in the foreign MBA pre-arrival costs. Application costs for MBA at universities abroad:  USA – INR 16,000 to 24, 000   UK – INR 20,000  Canada – INR 3,000 to 20,000   Australia – INR 4,000 INR to 20,000   New Zealand – INR 2,000 INR to 7, 000  These ranges are for a single application. The total cost of applying to multiple business schools can go higher. Some universities do waive application fees for candidates but a huge set of universities do levy these fees on international students.  Application fees for visas for MBAs abroad  The cost of applying for a visa is one of the many pre-arrival fees for overseas students. There are many types of student visas that are required by various foreign nations; applications must be submitted on time and with the required fee. Student visa categories and associated application costs for MBA study abroad:  F-1 student visa (USA) - INR 41,000 to 50,000   Tier 4 student visa (UK) - INR 35,000 to 40,000   Canadian study permit (Canada) - INR 12,000 to 15,000   Student visa subclass 500 (Australia) - INR 36,000 to 37,000   New Zealand student visa (New Zealand) - INR 28,000 to 29,000  Living expenses for international students abroad  The living costs for international students are one of the significant costs associated with an MBA abroad. Keep in mind that living expenses in other countries are much higher than in India and must be taken into consideration. Only a select few of you will be fortunate enough to receive an all-inclusive scholarship that will cover your living costs, so for the rest of you, you will need to properly budget for this when determining the cost of an MBA program overseas.  Before looking at the cost of living for an MBA abroad, you should be aware that the precise amount will depend on the type of housing you select, such as on-campus or off-campus facilities, whether you have a private or shared room, the amenities you desire, and where you are located in the country. When calculating the price of an MBA program overseas, you'll discover that certain places have significantly higher monthly costs than others. So, if money is limited, look for universities in areas with low costs of living. In the majority of foreign nations, international students are also permitted to work part-time, which can be a very helpful source of revenue for your daily expenditures.  Annual living expenses for MBA study abroad:  USA: INR 765,000 - INR 13,80,000   UK: INR 920,000 - INR 18,40,000   Canada: INR 840,000 - INR 12,25,000   Australia: INR 920,000 - INR 16,86,000   New Zealand: INR 765,000 - INR 11,50,000   If you want to calculate the cost of college then you can check this link here.  Conclusion  Yes, the expense of an MBA overseas may seem overwhelming to you, but try not to get discouraged if the price tag is out of your price range. There are many financial aid options available specifically for international students to allay your financial concerns and inspire you to pursue a degree overseas. You can achieve your objective by working harder, taking on part-time jobs, or saving as much money as you can. Once you finish the program, all of your investment will eventually provide fantastic profits.  FAQ Which country is the cheapest for MBA?  Germany is said to be the cheapest country for doing MBA. Is MBA abroad expensive? In India, an MBA will set you anywhere between INR 7,50,000 and INR 25,000. On the other hand, the cost of an MBA will range from INR 20,00,000 to 75,00,000 if you plan to study abroad in a country like the United States, the United Kingdom, Canada, or Australia. Is MBA cheaper in India or abroad? This is a completely different premise, and the solution is straightforward: if you can afford it, an MBA from a mid-level university abroad is preferable to an MBA from a private institute in India. The return on investment is just higher. A few foreign universities provide MBA courses at significantly cheaper costs than anticipated.  Can I study MBA abroad for free?  Search for grants and scholarships if you want to study abroad without breaking the bank. Each year, thousands of overseas students get financial aid from universities, foundations, charities, and government agencies for their living expenses and tuition.  Consult an expert advisor to get the right plan TALK TO AN EXPERT
Guide to calculating education costs for parents

Guide to calculating education costs for parents

Parents want the best for their children, especially a good education. The rising inflation rate makes it difficult for parents to determine the amount they need to save for their child’s education. Understanding the actual education costs with the help of a college cost calculator is important so that parents can become aware of the potential expenses. It surely becomes easy to plan, start early investments and build a future education corpus. Here’s a guide to calculating education costs for parents! This blog will help parents to get an estimate of future expenses and plan accordingly.  What is an education cost calculator? An education cost calculator is a tool that helps the user to know about future education expenses effectively. It is easy to use and gives the best estimates so that parents can make necessary changes in their plans to suit their requirements.  The education calculator considers future value, inflation, number of years a person has to save and then calculates the amount. The objective of using an education calculator is to make the process easy and smooth. Once the calculator gives out the estimated amount, parents can take the help of financial experts to create a roadmap for achieving financial goals.  Steps to calculate education costs  Education inflation is at an all-time high, and it has led to a rapid rise in education costs. Parents need to factor in several metrics to get the nearest estimate of potential costs.  1. Calculate the current cost Determine the cost of education based on current market value. Suppose you want to send your child to the UK, then calculate the current amount you need to send your child abroad.  If you want to send your child to a reputed college in your home country, then calculate the total cost needed for that degree course in terms of the current fee structure and associated costs. It is now easy to visit the sites of reputed universities and know about their fee structure and associated costs to get a general idea of the amount required for studying a specific course.  Parents can take the help of education counselors like the ones at Edufund to calculate the current amount needed for higher studies.  2. Determine the number of years Parents wanting to know about the education costs down the line need to determine how many years they have to save to create an education fund.  Is your child still young, or will they be ready in a few years to join the high school? Suppose the child is now 6 years old and they will need the money for higher education when they are 17 years old. The parents then have a maximum of 17 – 6 = 11 years in hand.  How many years approximately a parent has is important as the number of years affects the amount you can build. If a parent has a smaller number of years, then he needs to save a higher amount which might prove difficult for a middle-class family.  3. Consider the rate of inflation The amount you have calculated based on the current scenario will not be feasible down the line. Suppose your child enters college after ten years then the amount needed at that time will not be the same. You can consider the overall inflation rate or use available breakdowns.  It is vital to factor in the inflation rate for determining the costs that will go up in the future for correct estimates.  4. Consider the expected investment return Be realistic while determining the expected investment returns. Remember, when you have a clearer picture, it becomes easy to take the necessary steps that will take you closer to your desired goals.   5. Consider the education calculator Parents should consider an education calculator to give them the nearest evaluation of the amount parents should save to meet future education costs. The use of an education calculator will ultimately prove beneficial in making effective plans for the future. Once the parents have all the necessary information, then simply key in the details as per the instructions. The education calculator is an important guide to calculating education costs for parents as it will provide the probable future education cost and the monthly savings that need to be undertaken to build that amount.  Edufund’s college cost calculator is a comprehensive education calculator that can calculate the potential education expenses and give the nearest amount needed to meet your child’s education costs. It will also provide the parents with an estimate of the monthly savings that need to be undertaken to achieve goals. Conclusion The guide to calculating education costs for parents gives easy access to the required know-how and helps in making informed decisions. An education calculator like the one at Edufund helps to meet the educational needs of a child successfully. It is a blessing in disguise because besides providing estimates and extensive information, it helps to save the cost estimates and alter them to suit individual needs. Consult an expert advisor to get the right plan  TALK TO AN EXPERT
The growing costs of online courses for school kids.

The growing costs of online courses for school kids.

As per-student.org, “Blockchain Technology is the most demanding online course for students.” Furthermore, Business Insider Intelligence declares its exponential growth in the healthcare industry at a CAGR of 70.56% in the upcoming years. Online courses for school kids are fast growing in the new normal world, and most parents are curious about the expenses associated with online learning.  Let’s explore why. Growing costs of online courses for school kids Some online courses for school-aged children are a more affordable option since they provide a greater education at a far lower cost. It is important to stress that the average cost of online courses for school kids is still a sizable investment. Many parents started their search for a course under the impression that online education would be quite reasonable.  Online courses are gaining importance Online learning emerged as a safe and feasible option during the pandemic. Before the pandemic, the worldwide eLearning market was seeing rapid yearly growth. The eLearning market is predicted to expand at a compound annual growth rate of 9.1% from 2018 to 2026, reaching $336.98 billion by 2026.  A wide range of large-scale open online courses has emerged in response to the new employment channels and career possibilities that have already replaced traditional careers. Additional read: Does an education loan cover living expenses? Popular online courses for kids in 2022 Computer online courses related to -  coding applications data science social and digital media management entrepreneurship and management psychology graphic designing visual effects and film-making foreign languages are among the courses available Costs of online courses The majority of the online courses are paid courses. When overseas universities and institutes offer these courses, they can easily cost a few thousand. Even a 10-day program may assist students in improving overall resumes and gaining an advantage in further education in India and overseas.  Online courses for school students cost up- ₹35,000-₹1 Lakh, depending on the popularity and course duration. The reason is the huge competition among peers. Parents aim to encourage discipline and keep children engaged in nurturing skills with online courses. These courses help children remain ahead in the learning curve. The whole advancement and competition are affecting the financial bottom line. As Statista puts it, “the average monthly income of a middle-class Indian is ₹15000-₹ 20,000.” Given the statistics, there is hardly any flexibility for online course fees. The parents are stuck between managing dreams and attending to necessities. Indian education industry future valuation The Indian online education industry was valued at ₹247 crores in 2016 and is anticipated to reach ₹159 hundred crores by 2021. Simultaneously, the proportion of paid online education users is expected to reach ₹77 Crores by 2021. Because these calculations do not account for the COVID-19 pandemic, it is very feasible that the estimated estimations may fall short of reality as even more learning is brought online Trends in Online Education The drive for skill enhancement and skills training has increased the demand for online certification courses. As per weforum.org.“ The number of online learning users touched 747 crores in 2021”. This is bound to increase in the upcoming years. Almost 70% of the students have enrolled in online education to acquire a new skill or enhance their means of employment. Students gain skills without disrupting their study schedule. Top trends in Online Education 2022Does an education loan cover living expenses? Gamification education Reality Extension Honing communication and management skills AI-powered teaching lessons Bite-sized lessons for easy comprehension The personalized learning experience with analytics Invest, plan expenses, and hit short-term goals with Edufund Parents can categorize their short-term objectives depending on their duration and priority. Goals such as an emergency fund, school fees, and debt payments are critical. The cost of education in India will increase amid slow financial growth. Parents should be more focused when selecting an investment product for their short-term goals.  Parents can select investing strategies that last little less than a year and meet their short-term goals easily. They can choose the relevant SIP fund as per their income or business revenue. The platform highlights some important child education goals that guardians can save for. Choose and decide per month contribution and years until you wish to save. Once done, the platform reveals the total amount you could save given the expected inflation. You can reduce or increase investment accordingly and track the same.  Parents must build a good structure, plan, and set up when deciding on a short-term investment. Online courses help develop overall child personality. Planning once the child turns 10 is preferable. It helps budget early and invests according to short and long-term goals.  Consult an expert advisor to get the right plan TALK TO AN EXPERT
Which course is better - MBA or PGDM?

Which course is better - MBA or PGDM?

Your children have completed their bachelor's and are now thinking of pursuing a management course. MBA or PGDM? Is that the question they've been looking for an answer to? Then let us help you figure out the best option for your child. Difference between MBA and PGDM Every student has certain preferences with respect to the duration they want to invest in that particular course, location, future prospects, etc. Here are some characteristics of both MBA and PGDM which will help you understand how they're both different. By going through these differences, you can help your child choose the option that works best for them. Categories PGDMMBADuration 1 year2 yearsQualification Diploma CourseDegree CourseRequired Entrance ExamsATMA, SNAP, CAT, XAT, NMATMAT, CAT, XAT, MAT, GMATCourse Fees (Range)INR 5 - INR 24 LakhsINR 2 - 35 LakhsSyllabus Your child will get exposure to a more hands-on approach to workplace situations. The curricula at autonomous institutes frequently get updated to keep up with the changing business environment.Compared to PGDM, MBA is more theoretical. It also depends on the university your child is applying to. Top Job RolesProject Manager, Consultant, Data Scientist, Auditor, Tax Specialist, etc.HR Manager, Business Analyst, Marketing Manager, Finance Advisor, Investment Banker, etcInitial Salary OfferedUp to INR 30 LPA or moreUp to INR 60 LPA or more Additional read: Cost of school education in India? MBA Vs PGDM - Which is More Expensive? Although it varies from university to university, if we talk about the affordability of both courses, MBA is usually more economical than PGDM.  While your child can get an MBA for about 2 lakhs or a little over, a PGDM usually begins at 5 lakhs.  In either case, you can find out the exact cost of your child’s education through our College Cost Calculator. Once you find out the cost, you can plan your savings for their education accordingly. Additional read: How education inflation can hurt your child's future? Studying MBA in the USA or PGDM in Canada? Thinking of a study abroad plan for your child? Maybe an MBA from the US or a PGDM course from Canada? Well then here's what you need to know to help them decide. Pros of getting an MBA in the USA Increased possibility for lifelong income.  Increased likelihood of employment and employability.  Professionally connect with the top talent in the field.  Become more knowledgeable and broaden your horizons.  Develop strategic leadership abilities for large corporations.  Expenses: For premier colleges, Indian students' MBA tuition in the USA can range from 50,000 to 1,000,000 INR.  Cons of getting an MBA in the USA Studying for an MBA abroad has various drawbacks, such as the expense or being unable to apply for employment. Students may find it more difficult than they anticipated to get visas or work permits for their studies abroad, which might force them to leave the nation quickly after graduation with little time for adjustment. Pros of Getting a PGDM in Canada  In Canada, PGDM programs are less focused on research and more job-oriented. Many MNCs are headquartered in Canada, which also has a low unemployment rate of 6.5 percent. While doing the course, students might complete an internship to get experience in the real world. Canada promotes the option of staying behind after graduation. To add to this, getting a student VISA for Indian students is much easier in Canada compared to the USA.  Cons of Getting a PGDM in Canada Comparatively speaking, Canadian PGDM courses are less costly than those offered in the US and other nations. PGDM programs typically cost between 15,000 and 17,000 CAD (8,00,000 INR-9,05,000 INR approx.)  Conclusion  Be it an MBA or PGDM; be it in India, USA or Canada, what's important for you as a parent is to be prepared for the educational expenses. Download the EduFund App today and take the first step to fuel your child's dreams. FAQs What is the difference between PGDM and MBA? MBA is a 2-year-long degree program whereas, PGDM is a one-year-long diploma course. For senior positions, should one get an MBA or a PGDM? Although both hold great importance if issued by prestigious institutions, the degree is sometimes preferred over the diploma. Which is more expensive - MBA or PGDM? The answer completely depends on the institute one has applied to. However, in general, the diploma program is more expensive than the degree. Consult an expert advisor to get the right plan TALK TO AN EXPERT
Here are affordable countries to send your children for UG courses

Here are affordable countries to send your children for UG courses

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. 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. Read more: Saving tips for your adults 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 monthly living expenses for Indian students average range is 500 to 600 EUR (Rs. 50,000- 60,000).  Read more: Hidden college fees that you need to pay 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. Consult an expert advisor to get the right plan TALK TO AN EXPERT
Studying law in UK or USA: How to help your child decide?

Studying law in UK or USA: How to help your child decide?

In the previous article, we discuss how to financially prepare to send your child abroad. In this article, we will discuss what is better for children studying law in UK or USA 80% of Indian students flock to study in UK, USA, or Canada for law, MBA, and STEM courses. This is because these countries offer tremendous academic opportunities, a brilliant ROI, and a chance to work globally. Since the law is the most popular course pursued by Indians, let’s see which is better - studying law in UK or USA for your child.   Law in the USA  The USA is a preferred country for higher education for most of the students in India. It is one of the best choices for studying law because it offers a plethora of dignified universities to elevate your child’s CV. Not only will it improve their communication skills and strategies, and it can provide them with exposure to different law specializations that other universities may not offer. From moot courts to internships, the exposure offered by Law Schools in the USA is tremendous; this is why these schools have a very low acceptance rate and are highly competitive.    Some of the best law universities in the USA are as follows:  Yale University  Stanford University  University of California, Berkeley  Harvard University  Columbia University  Law in the UK  The UK offers the best environment to work and learn simultaneously. Since the law system is similar to that of India’s studying here allows you to practice in both countries. Your child can grab opportunities that will help them build connections and can work across the globe.   Some of the best law universities in the UK are as follows:  London School of Economics  King’s College London  University of Cambridge  University of Edinburgh  University College London Important parameters to consider while choosing the UK or the USA 1. Living costs  Living Cost is one of the necessities that have to be dealt with. Public transportation is not comprehensive in the United States of America. Hence, the transportation costs go a little because you will have to go for a private vehicle. The situation is better than in the United Kingdom and will cost you less. On the contrary, various activities, including eating out, shopping, and so on, are relatively cheaper than in the United Kingdom. The rents of apartments will vary from one location to the other, so you cannot fix a budget prior without knowing where you are supposed to live.   2. Tuition fees  Tuition fees for a law degree are higher in the United States of America than in the United Kingdom. The best universities offering the degree in regulation in the USA are often private. The best and most prestigious universities in the UK function under the government. The tuition fees in the best universities in the UK can range from around Rs 20,00,000 to Rs 28,00,000, whereas the amount is Rs 40,00,000 to Rs 54,00,000 in the USA.   3. Career planning  If you are drawn towards studying law in the USA, choose the university wisely that allows you to take the bar exam. To practice in the USA, this is a compulsory step. The UK proves to be better for students if they plan to pursue a career right after their education ends. You can study and then start working anywhere in the country. Also, UK universities have strong links with local businesses and legal communities, which will help you get a job immediately. UK’s new post-study visa and student policies have made looking for jobs easier for international students. Reasons why the UK is better than the USA   The UK is considered a popular choice in terms of cost, ease of finding a job, and practicing in both your domestic and the UK.  Exposure  The classrooms of the United Kingdom have students from various backgrounds and cultures. Hence, it will give you broad exposure to meet new people and develop skills.  No SAT or LSAT  You do not have to present your SAT or LSAT score to the universities to get admission. But this is not true if you go to universities in the USA.   Fees  Fees are another crucial factor that determines your budget. The UK is considerably cheaper than the USA, so you can go ahead with the universities in the UK if you are tight on budget.  Analyzing the ROI as well as the cost involved should be the deciding fact in helping your child choose between UK or USA for a law degree. Start saving to make sure your financial planning does not stop them from practicing law in their favorite country!  Consult an expert advisor to get the right plan for you TALK TO AN EXPERT
whatsapp