EduFund Blogs

India, a melting pot of cultures and traditions, boasts a diverse educational landscape that caters to the varied needs and preferences of its populace. From ancient gurukuls to modern international schools, the nation's educational journey is a fascinating tapestry that reflects its rich heritage. Let's delve into the kaleidoscope of different types of schools in India, each contributing uniquely to the nation's educational ethos. Scholarships for your child's future! https://www.youtube.com/watch?v=j5uKaYCAbco&t=2s Gurukuls: Since ancient India, Gurukuls were the cradle of education. Led by revered gurus, these residential schools nurtured holistic development, emphasizing values, ethics, and skills alongside academic prowess. Today, a handful of gurukuls preserve this ancient tradition, blending it with contemporary pedagogy. Best Schools in Rajkot Government Schools: Spread across every nook and corner of the country, government schools play a pivotal role in providing accessible and affordable education. Despite challenges, they remain the backbone of India's mass education system, aiming to bridge socio-economic gaps and empower the masses. Private Schools: In the quest for quality education, private schools have emerged as beacons of excellence. Varied in curriculum, philosophy, and teaching methodologies, these institutions cater to a diverse range of students. From traditional ICSE and CBSE schools to those offering international curricula like IB, the private sector provides a spectrum of educational choices. International Schools: With the world becoming a global village, international schools have gained prominence. These institutions follow international curricula, fostering a global perspective and preparing students for global challenges. The emphasis is on experiential learning, multicultural exposure, and advanced teaching methodologies. They offer boards like IB that help students transition to foreign universities efficiently. Take a break from reading and watch this! https://www.youtube.com/shorts/wQbhsWtOPpU Boarding Schools: India has a long-standing tradition of boarding schools that provide a complete immersive experience. Nestled in scenic locations, these schools focus not only on academic excellence but also on character-building, discipline, and extracurricular activities. They create an environment where students learn life skills while pursuing academic goals. Montessori Schools: For early childhood education, Montessori schools provide a unique approach. Inspired by Maria Montessori's philosophy, these schools focus on self-directed learning, hands-on activities, and collaborative play. The emphasis is on nurturing curiosity, creativity, and independence in the formative years. Specialized Schools: Recognizing the diverse talents and needs of students, specialized schools have gained popularity. These include schools for the arts, sports academies, STEM-focused institutions, and those catering to specific learning challenges. They tailor education to individual strengths, fostering a conducive environment for specialized skill development. Why every child needs an Education Fund? India's educational landscape is a vibrant mosaic, with each type of school contributing uniquely to the nation's growth. From preserving ancient traditions to embracing global learning trends, these schools collectively shape the minds of the future. As India strides confidently into the 21st century, its diverse schools continue to play a pivotal role in sculpting a well-rounded, enlightened generation ready to face the challenges of the world. Join our robust WhatsApp Community that helps parents invest!

If you are a new parent, you have probably heard the words Nursey and Kindergarten. In fact, admissions for nursery are so competitive in India, especially Delhi that most parents start planning it before their child is even born. Let's understand the difference between nursery and kindergarten in India. Why it's vital for your early development, and when should your child start going to school? Early childhood education plays a crucial role in laying the foundation for a child's future development and academic success. In India, nursery and kindergarten are two common terms used to describe the early stages of schooling for young children. While they may seem similar, there are significant differences between the two that parents should be aware of when considering their child's educational journey. Nursery School: The First Step in Early Education Nursery school, also known as pre-primary or preschool, typically caters to children between the ages of 2 to 4 years old. It serves as the introductory stage of formal education, focusing on fostering social, emotional, and cognitive development through play-based activities and structured learning experiences. Nursery schools provide a nurturing environment where children can explore, interact with peers, and develop essential skills such as language, communication, and fine motor skills. Curriculum and Activities in Nursery School The curriculum in nursery school is designed to be age-appropriate and developmentally relevant, focusing on foundational concepts such as colors, shapes, numbers, and letters. Activities may include storytelling, art and craft, music and movement, sensory play, and outdoor play, aimed at stimulating curiosity, creativity, and imagination in young learners. The emphasis is on providing a holistic learning experience that promotes overall growth and development in a safe and supportive environment. Kindergarten: Building Upon the Foundations Kindergarten, often referred to as KG or Lower Kindergarten (LKG), is the next stage in early education and typically caters to children between the ages of 4 to 6 years old. It builds upon the foundational skills developed in nursery school and introduces more structured learning experiences focused on academic readiness and preparation for formal schooling. The kindergarten curriculum emphasizes language development, numeracy skills, social studies, and basic science concepts, laying the groundwork for future academic success. Curriculum and Activities in Kindergarten The curriculum in kindergarten is more structured and curriculum-driven compared to nursery school, with a greater emphasis on academic skills and readiness for primary education. Activities may include language and literacy development, mathematical concepts, science experiments, social studies projects, and hands-on learning experiences. Kindergarten teachers use a variety of teaching strategies, including group activities, individualized instruction, and learning centers, to cater to the diverse needs and learning styles of young learners. Key Differences Between Nursery and Kindergarten Age Group: Nursery school typically caters to children aged 2 to 4 years old, while kindergarten serves children aged 4 to 6 years old. Focus: Nursery school focuses on fostering social, emotional, and cognitive development through play-based activities, while kindergarten emphasizes academic readiness and preparation for formal schooling. Curriculum: Nursery school curriculum is more exploratory and play-based, whereas kindergarten curriculum is more structured and curriculum-driven, focusing on academic skills and concepts. Activities: Nursery school activities are centered around exploration, creativity, and social interaction, while kindergarten activities include more academic-focused learning experiences and skill development. Conclusion In conclusion, understanding the differences between nursery and kindergarten is essential for parents seeking the best early education options for their children in India. While nursery school provides a nurturing environment for social and emotional development through play-based activities, kindergarten builds upon these foundations and prepares children for formal schooling with a more structured and academic-focused curriculum. By recognizing these distinctions, parents can make informed decisions about their children's early education journey, setting them on a path to success in school and beyond. Join our robust WhatsApp Community that helps parents invest!

Choosing the right time to enrol your child in nursery school is a decision that many Indian parents grapple with. While some may opt for an early start to foster socialization and early learning, others may prefer to wait until their child is more emotionally and developmentally ready. In this blog, we'll explore the factors to consider when determining the best age to start nursery school in the Indian context, helping parents make an informed decision for their child's educational journey. Early Learning: Benefits and Considerations Starting nursery school at a younger age, typically around 2 to 3 years old, offers several potential benefits for children. Early exposure to structured learning environments can stimulate cognitive development, language skills, and socialization. Additionally, nursery school provides opportunities for children to interact with peers, develop essential social skills, and learn through play-based activities. However, parents should consider their child's readiness for separation from caregivers and ability to adapt to a new environment before enrolling them in nursery school at a young age. Readiness Indicators: Signs Your Child is Ready for Nursery School While age can be a helpful guideline, every child develops at their own pace, and readiness for nursery school varies from child to child. Look for signs of emotional and developmental readiness, such as: Social Skills: Is your child comfortable interacting with other children and adults? Do they exhibit basic sharing, turn-taking, and cooperative play skills? Independence: Can your child complete simple tasks independently, such as using the toilet, dressing themselves, and following basic instructions? Communication: Does your child demonstrate language skills, such as speaking in simple sentences, understanding simple instructions, and expressing their needs and emotions? Curiosity and Interest: Is your child curious about the world around them and eager to explore new experiences and activities? Cultural and Regional Factors In India, cultural and regional factors may also influence the age at which children start nursery school. Some parents may prioritize early education to give their child a head start academically, while others may value a more relaxed approach to early childhood education. Additionally, considerations such as family dynamics, parental work schedules, and availability of quality nursery schools in the area can impact the decision-making process. Finding the Right Balance Ultimately, the best age to start nursery school for your child depends on a combination of factors, including their individual readiness, family preferences, and cultural context. While early exposure to structured learning environments can be beneficial for some children, others may benefit from a more gradual transition or a later start. As parents, it's essential to trust your instincts, observe your child's cues, and choose an approach that aligns with your family's values and goals. Conclusion Deciding when to start nursery school is a significant milestone for both parents and children. By considering factors such as readiness indicators, cultural influences, and individual preferences, Indian parents can make informed decisions about the best age to enrol their child in nursery school. Whether opting for an early start or a more gradual approach, the key is to prioritize your child's well-being, development, and happiness as they embark on their educational journey. Join our robust WhatsApp Community that helps parents invest!

Ghaziabad is a bustling city in the National Capital Region (NCR) of India. One hour away from the capital city, parents seeking the best educational opportunities for their children in Ghaziabad should read on to find the top schools in Ghaziabad, their fees and which school is suitable for your child's development! Benefits of Day Schooling! 1. Delhi Public School, Ghaziabad Delhi Public School (DPS) Ghaziabad is a name synonymous with quality education and holistic development. With its sprawling campus, well-equipped classrooms, and experienced faculty, DPS Ghaziabad offers a comprehensive academic curriculum along with a wide range of extracurricular activities. The school focuses on nurturing the intellectual, emotional, and social growth of students, preparing them to excel in the global arena. Admission Fees: 35,000 (Nursery) and 30,000 (11th and 12th graders). Annual Fees: Starts at 1,92,500 for Nursery and goes up to 2,02,400 for 11th and 12th graders. 2. The DPS Indirapuram The DPS Indirapuram is another esteemed institution in Ghaziabad known for its academic rigour and innovative teaching methods. With a strong emphasis on holistic development, the school offers a diverse range of extracurricular activities, sports facilities, and leadership programs. The DPS Indirapuram aims to instil a sense of responsibility, creativity, and global citizenship in its students, empowering them to make a positive impact on society. Admission Fees: INR 60,000 for all classes. Quarterly Composite Fees: INR 36,630 to INR 36,654 varies based on your child's grade. 3. Modern School, Ghaziabad Modern School Ghaziabad is committed to providing a stimulating learning environment that fosters academic excellence, creativity, and critical thinking skills. With its state-of-the-art infrastructure, dedicated faculty, and comprehensive curriculum, Modern School Ghaziabad prepares students to meet the challenges of the 21st century. The school focuses on holistic development, encouraging students to explore their interests and talents beyond the classroom. Admission Fees: INR 25,000 for your classes. Monthly Tuition Fees: INR 4,150 (Pre-Primary), INR 4,650 (I to V), and INR 5150 (VI to X). 4. DLF Public School DLF Public School is renowned for its inclusive approach to education, catering to the diverse needs and learning styles of students. With its student-centered approach, the school emphasizes experiential learning, collaborative projects, and real-world applications of knowledge. DLF Public School is committed to nurturing well-rounded individuals who are prepared to succeed in a rapidly changing world. Admission Fees: INR 50,700 for all classes. Quarterly Composite Fee: INR 31,525 to INR 25,685 varies based on your child's class and stream. 5. Cambridge School, Ghaziabad Cambridge School Ghaziabad is known for its academic excellence, strong values-based education, and vibrant learning community. With its focus on holistic development, the school offers a balanced curriculum that promotes intellectual, emotional, and social growth. Cambridge School Ghaziabad encourages students to pursue their passions and interests while fostering a sense of empathy, integrity, and global citizenship. Admission Fees: INR 30,000 for all students. Composite Monthy Fees: INR 9,500 to 7,600 varies based on the child's class and grade. Most Expensive Schools in Gurgaon! Importance of Investing in Mutual Funds for Your Child's Education While securing admission to a top-tier school is a significant milestone, the journey towards a quality education doesn't end there. The rising cost of education, including tuition fees, books, and extracurricular activities, can pose a significant financial burden for parents. That's where investing in mutual funds comes in. Mutual funds offer a convenient and effective way to save and grow your money over time, helping you build a financial nest egg to fund your child's education. By starting early and making regular contributions, you can harness the power of compounding to accumulate wealth steadily. Additionally, mutual funds offer a diversified investment portfolio, reducing risk and maximizing returns over the long term. As a trusted partner in your financial journey, EduFund offers a wide range of mutual fund options tailored to your needs and goals. With expert guidance, personalized investment strategies, and user-friendly tools, EduFund makes it easy for parents to start investing in their child's education and secure a bright future. In conclusion, choosing the right school for your child is a significant decision that lays the foundation for their future success. By selecting one of the top schools in Ghaziabad and investing in mutual funds with EduFund, you can provide your child with the best educational opportunities while safeguarding their financial future. Start planning today and give your child the gift of a quality education that lasts a lifetime. Join our robust WhatsApp Community that helps parents invest!

The Government of India has launched several schemes and programs to promote girl child education in the country. These schemes aim to provide financial assistance, scholarships, and other incentives to families and girls to encourage them to continue their education. Important government schemes for girl child education in India 1. Beti Bachao Beti Padhao (BBBP) Scheme Launched in 2015, Beti Bachao Beti Padhao aims to address the declining child sex ratio and promote the education of the girl child. The scheme focuses on the districts with low child sex ratio and provides financial assistance for the education and health of the girl child. The scheme is implemented in a convergent and collaborative manner with the State Governments/UTs and other relevant Ministries/Departments and stakeholders. The scheme is implemented through a three-tier structure: District, State, and National levels. The scheme has several components such as creating awareness and public mobilization, strengthening of function and delivery of ICDS, strengthening schools and education, and enabling girls' education. Government Schools in India Read More 2. Kasturba Gandhi Balika Vidyalaya (KGBV) Scheme  This scheme was launched in 2004 to provide education to girls from disadvantaged sections of society. Under the scheme, residential schools are set up for girls in areas with low female literacy rates. The schools provide education up to the 8th standard and also provide hostel facilities. The scheme is aimed at providing educational facilities to girls belonging to Scheduled Castes, Scheduled Tribes, Other Backward Classes, minority communities, and families below the poverty line in difficult areas. The scheme is implemented through the State Governments/UTs and the KGBVs are run and managed by the State Governments/UTs. The scheme provides for a one-time grant of Rs. 5 lakhs to set up the school, and a recurring grant of Rs. 1.5 lakhs per annum for running the school. 3. Sukanya Samriddhi Yojana (SSY) Launched in 2015, Sukanya Samriddhi Yojana is a small deposit scheme for the girl child. The scheme allows parents to open a savings account in the name of the girl child and provides a high interest rate of 7.6%. The money can be withdrawn when the girl child turns 18 to be used for her education or marriage. The scheme is available for girl children below the age of 10 years. The account can be opened in any post office or authorized bank branch by the legal guardian of the girl child. The minimum deposit that can be made is Rs.1000 and the maximum deposit per year is Rs.1.5 lacs. The scheme offers tax benefits under section 80C of the Income Tax Act. 4. National Girl Child Day  Every year on January 24, National Girl Child Day is celebrated in India to raise awareness about the importance of girl child education and the challenges faced by girls in India. On this day, various activities and programs are organized to promote girl child education and empowerment. The day is celebrated to raise awareness about the importance of education for the girl child and to address the various challenges faced by girls in India, such as discrimination, violence, and lack of access to education. Kanya Kosh Scheme Read More 5. National Means-cum-Merit Scholarship (NMMS) Scheme This scheme provides financial assistance to students from economically weaker sections to pursue higher education. Under the scheme, scholarships are provided to students who score well in the 8th standard examination. The scholarship is provided to the students for studying in classes 9th and 10th. The scholarship amount is Rs.12000/- per annum. The scholarship is awarded by the State Governments/UTs to the eligible students. The scholarship can be availed by students from economically weaker sections of society. 6. Rashtriya Madhyamik Shiksha Abhiyan (RMSA)  Launched in 2009, this scheme aims to improve the quality of education in secondary schools in India. Under the scheme, financial assistance is provided to schools to improve infrastructure, provide teacher training, and implement girl-friendly policies. The scheme is implemented by the State Governments/UTs and the funds are released to the schools through the State Governments/UTs. 7. National Scholarship for Higher Education of ST Girls  This scheme provides financial assistance to Scheduled Tribe (ST) girls to pursue higher education. The scholarship is provided to students who have passed the 10th standard examination and are enrolled in a higher education program. The scholarship amount In addition to the government schemes discussed above, there are also individual grants and scholarships available for girl child education in India. These grants and scholarships provide financial assistance to girls from disadvantaged backgrounds to pursue their education. Apply for Scholarship Conclusion  The Government of India has taken several steps to promote girl child education in the country. These schemes and programs provide financial assistance, scholarships, and other incentives to families and girls to encourage them to continue their education.  These schemes are aimed at addressing the declining child sex ratio, promoting girl-child education, and providing education to girls from disadvantaged sections of society. However, it is important to note that the implementation and reach of these schemes still need improvement. There is a need for more awareness about these schemes and better access to them for families and girls in need. Join our robust WhatsApp Community that helps parents invest! FAQs What is the Sukanya Samriddhi Yojana? Sukanya Samriddhi Yojana is a government scheme that encourages parents to save for their girl child's education and future expenses. It offers attractive interest rates and tax benefits. How can I open a Sukanya Samriddhi Account? You can open a Sukanya Samriddhi Account at authorized banks and post offices by providing the necessary documents and a minimum deposit. What are the benefits of the Beti Bachao, Beti Padhao (BBBP) scheme? The BBBP scheme aims to promote the education and welfare of the girl child and improve the child-sex ratio. Benefits include financial support for education and awareness programs.

MBA schools across the globe charge hefty fees from their students. Popular schools like Harvard charge nearly $73,000 per year which is1,05,44,600 in rupees! In this blog, we'll delve into the realm of elite education and explore the most expensive business schools in the world. Harvard Business School - Boston, USA As one of the most esteemed institutions in the realm of business education, Harvard Business School commands a premium for its unparalleled reputation and extensive resources. With world-class faculty, cutting-edge research facilities, and a robust alumni network, HBS offers an unparalleled learning experience. However, this excellence comes at a cost, with tuition fees exceeding $73,000 per year, making it one of the most expensive business schools globally. Stanford Graduate School of Business - California, USA Renowned for its innovative approach to business education and proximity to Silicon Valley, Stanford Graduate School of Business is a magnet for aspiring entrepreneurs and industry leaders. The school's emphasis on experiential learning, interdisciplinary collaboration, and global perspective attracts top talent from around the world. With tuition fees surpassing $70,000 per year, Stanford GSB is among the most expensive business schools, reflecting the value it offers to its students. The Wharton School, University of Pennsylvania - Philadelphia, USA With a rich legacy of excellence spanning over a century, The Wharton School is synonymous with top-tier business education. Its rigorous curriculum, renowned faculty, and extensive network of alumni in influential positions worldwide make it a coveted destination for aspiring business leaders. However, this prestige comes with a price, as tuition fees at Wharton exceed $75,000 per year, making it one of the most expensive business schools globally. INSEAD - Fontainebleau, France & Singapore As a pioneer in international business education, INSEAD offers a truly global learning experience with campuses in Europe, Asia, and the Middle East. Its diverse student body, multicultural environment, and innovative curriculum foster cross-cultural collaboration and a global mindset among students. Despite being a not-for-profit institution, INSEAD's tuition fees exceed €80,000 per year, placing it among the most expensive business schools worldwide. London Business School - London, UK Located in the heart of one of the world's leading financial centres, London Business School attracts top talent from around the globe with its dynamic learning environment and emphasis on innovation and entrepreneurship. Its diverse student body, renowned faculty, and strong industry connections contribute to its reputation as a premier business school. However, tuition fees at LBS exceed £87,000 per year, making it one of the most expensive business schools in the world. Conclusion While the cost of attending these prestigious institutions may seem daunting, the value they offer in terms of education, networking opportunities, and career advancement is unparalleled. For those aspiring to reach the pinnacle of success in the world of business, investing in a top-tier education at one of these elite institutions may prove to be a wise investment in their future. In conclusion, the most expensive business schools in the world represent the epitome of excellence in business education, attracting top talent from around the globe and shaping the future leaders of tomorrow. While the price of admission may be steep, the rewards in terms of knowledge, skills, and opportunities are immeasurable, making them worth every penny. Join our robust WhatsApp Community that helps parents invest! Talk to Our Study Abroad Experts

Many students switch schools for 11th and 12th in India for multiple reasons. It could be because their schools don’t offer certain subjects or they wish to pursue an Arts or Commerce stream that their current school does not offer. Many students switch because their parents are moving, for better sports facilities at a different school or for a better teacher faculty. If your kid is shifting schools too then check out the best schools for 11th and 12th in India & their annual fees. 1. The Doon School, Dehradun, Uttarakhand: Established in 1935. The Doon School is one of India's most prestigious all-boys boarding schools. Known for its rigorous academic curriculum and holistic development, it has a rich history of producing successful leaders in various fields. Annual Fees: Approximately INR 10-12 lakhs. 2. Welham Girls' School, Dehradun, Uttarakhand: Founded in 1957. Welham Girls' School is a renowned all-girls boarding school with a strong academic focus. It is known for its excellent infrastructure, experienced faculty, and emphasis on extracurricular activities. Annual Fees: Approximately INR 6-8 lakhs. 3. Mayo College, Ajmer, Rajasthan: Established in 1875. Mayo College is one of India's oldest and most prestigious all-boys boarding schools. It has a strong academic tradition and is known for producing leaders in various fields. Annual Fees: Approximately INR 8-10 lakhs. Apply for Education Loans 4. The Shri Ram School, Delhi, NCR: Established in 1988. The Shri Ram School is a highly regarded co-educational day school known for its progressive teaching methods and emphasis on holistic education. Annual Fees: Approximately INR 2-4 lakhs. 5. DPS RK Puram, Delhi, NCR: Established in 1972. Delhi Public School (DPS) RK Puram is one of the flagship institutions of the DPS Society. It offers a strong academic curriculum and a wide range of extracurricular activities. Annual Fees: Approximately INR 1-2 lakhs. 6. The Bishop's School, Pune, Maharashtra:  Founded in 1859. The Bishop's School is a well-established co-educational school known for its academic excellence and vibrant campus life. Annual Fees: Approximately INR 1-2 lakhs. 7. Sanskriti School, Delhi, NCR: Established in 1988. Sanskriti School is a co-educational institution known for its focus on academics, cultural activities, and sports. Annual Fees: Approximately INR 1-2 lakhs. 8. The Cathedral and John Connon School, Mumbai, Maharashtra: Established in 1860. This school is one of Mumbai's oldest and most prestigious institutions, offering a comprehensive education and a strong emphasis on character development. Annual Fees: Approximately INR 3-4 lakhs. Also Read: How to choose the right board for your child? The aforementioned are some of the many schools you can consider putting your children in. Remember, investing in your child’s education is as important as choosing the right school for your children. Select what is the best and most convenient school for your child and your pocket with our school cost calculator. Thus, it is important to choose the best schools for your child to ensure that they passes out with flying colours. Join our robust WhatsApp Community that helps parents invest!

Inflation is snowballing. To cope with the growing cost of inflation, one needs to plan investment at an early stage. When we think about investment, we can choose from multiple options available in the financial market. Traditional tools provide a nominal return on your investment, while mutual funds offer varied products suitable for different needs with attractive return potentials.  What is a Mutual Fund?  A mutual fund is a pooled investment vehicle that collects the savings of several investors who share a common financial goal. It manages the investors' money by investing in securities to generate a return. It charges fees from that return generated, and the remaining return is passed on to the investors.  One of the main advantages of investing in mutual funds is that it provides investment diversification. This means that the money invested is spread across various companies and sectors, which reduces the risk of losing all the money in case of a market volatility downfall of one company or sector.  Concerns amongst investors are prevalent when they start investing money in any financial asset class as they put their hard-earned money into that investment.  Let us address and discuss the different concerns in detail for better understanding.  Risks and Disadvantages of Mutual Funds Market Risk - When we choose to invest in securities, there will always be a market risk i.e. the macro-economic risks all firms in the economy are exposed to. You can't control the market risk, but you can be prepared for it. Understanding the market risk and diversifying your investment can help you survive the market storm.  No Guarantee – Compared to other traditional tools available in the market, there is no guarantee that you would get a minimum of this much return or that your principal is protected. As we know, mutual fund returns are subject to market risk.   Management Risk: Mutual funds also include management risk, which means that the fund manager may not perform well and could not generate the requisite return. Sometimes, even experienced fund managers can get caught off guard by unexpected market events or make emotional decisions based on fear or greed.  High annual expense ratio: Mutual funds must disclose how much they charge their investors annually in percentage terms to compensate for the cost of running an investment business. The percentage of expense ratio reduces the mutual fund's gross return.  Mutual Fund Loads: Mutual funds may apply exit loads, which are one-time expenses levied when exiting a mutual fund scheme. The charges applicable here are as follows.   Exit Load: The exit load must be paid when an investor exists in the mutual fund scheme within a short span. This fee is levied to stop investors from opting out of the scheme.  Transaction Charges: An investor must pay a nominal amount as transaction fees. For example, if A wants to invest 10,000INR into a mutual fund and transaction charges are 100INR, then that investor will have 9,900INR in total to invest.  Other Costs - Investors incur indirect costs during the investment journey, including opening and maintaining a demat account, brokerage charges, etc. While buying and selling stocks, a security transaction tax is levied, which must be paid by investors.  As mentioned earlier, professionals manage mutual funds, making smart decisions for investors like you. This way, you can gain from the manager's knowledge and experience. Keep in mind that due to rules and regulations, many funds may dilute returns, which could limit potential returns.  Investing in mutual funds isn't risk-free, but risk can be minimized in an effective way to grow your wealth over the long term. By managing expectations, understanding risks, and choosing the right funds for your needs, you can turn this rollercoaster into a smooth and rewarding ride towards your financial goals. Remember, knowledge is power, and with a little research and guidance, you can navigate the world of mutual funds with confidence.  If you are still confused about your investment journey and need guidance, then book a meeting with our wealth advisor.   Join our robust WhatsApp Community that helps parents invest!

In the pursuit of providing an exceptional education experience for their children—be it during the formative years, primary schooling, or higher education—every parent shares a singular concern: financing this educational journey. With the education costs skyrocketing, every single moment becomes crucial because time is money. As the adage goes, "The early bird catches the worm.", delving into preparations for your child's future sooner rather than later is akin to higher corpus maturing over time. Thereby, ensuring a more robust foundation for their educational endeavours.   To help you better understand the situation, consider two friends, Ram and Lakhan. They both decided to invest for their child’s future a sum of Rs. 10,000/Month SIP in a fund that gave 12% annualized returns. The only difference is Ram started investing when he was 24 years old and Lakhan started investing when he had his first child at age 30. At the age of 40 Ram would have had Rs. 58.13 Lakhs whereas Lakhan would have had just Rs. 23.23 Lakhs, loss of almost Rs. 35 Lakhs because of delaying the investments. Therefore, the earlier you start, the better it is.  But how to find a good investment? How to know if a scheme is good for you as there are “n” number of things that hover around.  Perplexed yet? Don’t worry, we’ve got you.  To simplify this vast world of mutual funds for you, we have prepared a list of the important factors one should consider while investing in Mutual Funds.  Time Horizon - How much time do you have in hand determines your risk-taking ability. The higher the time horizon, higher the risk you can take and vice versa.  Risk Appetite - Determine how much risk you can take. This will depend on various factors such as time horizon, certainty of cashflows, amount of investment, etc.  As a general rule of thumb:  Equity funds are suitable for individuals with high-risk appetite and longer time horizon (5 - 10 years or even more).  Hybrid Funds are suitable for individuals with low to moderate risk appetite and having medium term time horizons (3-5 years).  Debt Funds are suitable for low-risk appetite investors for short term time horizon.  Investment Strategy – The investment strategy adopted by the fund plays a crucial role to determine if it is suitable for you. A high risk investment strategy might    Fund Details - See who is managing the fund and for how much time, where it invests, how much are its assets (higher the better), what is the expense ratio (lower the better).  Past Performance - How the fund has performed in the past, whether it has outperformed in the bull markets and protected your capital in the bear markets, etc. will give you an idea whether the fund manager has managed the fund appropriately.  Note: this is not an all-inclusive list.  Top Mutual Funds for Parents Still worried? Below is a list of top mutual funds parents can consider for their child’s education planning.   Sr. No. Scheme Name Category Sub-Category Inception Date AUM Expense Ratio 1Y Return 3Y Return 5Y Return 1. Nippon India Small Cap Fund Equity Small Cap 1/1/2013 43,816 0.67% 59.3% 42.60% 31.57% 2. HDFC Mid-Cap Opportunities Fund Equity Mid Cap 1/1/2013 56,033 0.80% 53.99% 33.89% 25.41% 3. SBI Contra Fund Equity Contra 1/1/2013 21,482 0.69% 45.69% 33.46% 26.70% 4. HDFC Balanced Advantage Fund Hybrid Dynamic Asset Allocation 1/1/2013 73,349 0.80% 38.43% 27.55% 19.72% 5. DSP Nifty 50 Equal Weight Index Fund Equity Index (Large) 10/27/2017 1,004 0.40% 33.31% 23.64% 18.89%  Note: All are Direct plan and growth option; AUM and Expense ratios are as on December 31, 2023; 3Y/5Y returns are annualized and as on January 30, 2024.   Source: Value Research  Fund Details:  Nippon India Small Cap Fund:  This fund is being managed by Mr. Samir Rachh (Since January 2017) and Mr. Tejas Sheth (Since February 2023) who is an assistant fund manager.  The fund has provided 27.07% of return since inception and it has outperformed the category over the last 1/3/5/7/10 years.  It has delivered the highest returns in the category over the last 7 and 10 years and has been in the top 3 over the 3 and 5-year period.  The fund has delivered the best risk-adjusted returns over the last three years, depicted by the highest Sharpe ratio.   HDFC Mid Cap Opportunities Fund:  This fund is being managed by Mr. Chirag Setalvad who has been the head of equities since June 25, 2007, and Mr. Dhruv Muchhal who is an Equity Analyst and Fund manager for Overseas investment.  HDFC Mid Cap Opportunities Fund is the largest fund in the mid-cap space with an AUM of Rs. 56,033 crores and is the only fund in the category to have an AUM of more than Rs. 50,000 crores.   The fund has provided a 21.76% return since inception and has outperformed its category and the mid-cap index in all the time horizons of 1/3/5/7/10 years.  The fund has delivered better returns per unit of risk depicted by the lower standard deviation and the beta compared with the category average.   SBI Contra Fund:  The fund has been in existence for approximately 25 years and has been managed by Mr. Dinesh Balachandran since May 2018 who has 17 years of rich experience in this field.  This fund has provided a whooping return of 19.59% since its inception date and has outperformed its benchmark S&P BSE 500 TRI in all the time horizon.   The fund follows a contrarian strategy while investing in equity and provides exposure to companies of all sizes.   The fund has delivered the best risk-adjusted returns in the category, as depicted by the highest Mean Return, Sharpe Ratio, Sortino Ratio and Alpha.   HDFC Balanced Advantage Fund:  HDFC Balanced Advantage Fund is one of the oldest funds in India and is the largest fund in the balanced advantage category, with an AUM of Rs. 73,349 crores.  The fund has been the top performer in the category for over 1/3/5 years and has delivered an impressive return of 16.04% since inception.   Although the fund has been volatile more than the category, it has delivered a significantly higher alpha of 10.34% compared to the category average of 1.35% over three years.     This fund has been managed by Mr. Srinivasan Ramamurthy, Mr. Gopal Agarwal, Mr. Anil Bamboli, Mr. Arun Agarwal, and Mr. Nirman Morakhia.  DSP Nifty 50 Equal Weight Index Fund:  This fund is being managed by Mr. Anil Ghelani (since July 2019) and Mr. Dipesh Shah (since November 2020).  This fund tracks the Nifty 50 Equal Weight TRI, allowing us to have exposure to large-cap equities where the probability for alpha generation is very low.   Compared with Nifty 50 TRI, Nifty 50 Equal Weight Index TRI has delivered better returns with lower volatility over a long-term period from June 2000 to April 2023.   The fund delivered an alpha of 3.75% whereas the other funds in the category struggled to outperform the benchmark over the last three years.    Above all the funds have given stellar returns and fare better amongst peer schemes. Parents can consider a fund that is appropriate based on their financial goal, risk tolerance and time horizon. Before embarking on any investment decision, consult a financial advisor for guidance. Their expertise not only enriches your understanding but also strengthens your strategy, ensuring a secure and informed financial journey.  Disclaimer - Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. The mutual fund schemes mentioned are only for educational and informational purposes, and no investment is recommended.   Join our robust WhatsApp Community that helps parents invest!

As we have stepped into 2024, although the year has changed, what has remained constant is parents' worry about rising inflation and education costs. Despite the uncomfortably high inflation (5.69, general, as of Dec. 2023), these rising figures do not reflect the hardship brought on by rising education costs. According to one news article, education inflation is higher(twice) than the inflation rate. Education costs include tuition fees, co-curricular fees, and other fees. Parents can consider the investment a suitable tool to mitigate these worries and the inflation risk.  When parents start investing in their child's future early, it is always beneficial as they will see the magic of compounding over the years. Along with inflation, the return on investment will also rise. One can beat rising inflation by making the right decision at the right time.  Generally, when a person wants to start investing, there are a few parameters that he needs to keep in mind before planning.  What amount does an investor want to invest? The investment amount should be pre-decided, like the amount you are ready to start your journey. (E.g. An investor can start an SIP with an amount as low as ₹100)  What is the time horizon? The asset class to be invested in will depend on the time horizon. Generally, the longer the time horizon, the greater the risk an investor can take and vice versa. Therefore, the investor should decide when he would require the money, and based on that, he can consider the risk he can undertake.  What is the risk appetite of that investor? Every asset class has different risk characteristics. Few asset classes are considered highly risky, such as equity funds, but rewarding, whereas few other asset classes, like debt funds, can be less risky but have low return potential. The risk appetite will depend on factors such as time in hand, the financial position of the investor, the amount of investment, certainty of the cashflows or income, etc. Considering these factors, the investor should decide his risk appetite and which asset he can invest in.  Considering this, the following are a few investment options that people generally undertake:  FD (Fixed Deposit) – A traditional tool of investment that provides steady returns of 5-7% over the period, but the return on FD generally fails to beat inflation.  PPF – A secure investment that provides a 7-8% (est.) return on your investment. It falls under the EEE(Exempt-Exempt-Exempt) concept, which means the principal amount, the interest earned, and the maturity amount of PPF are completely Tax-free.  LIP – Endowment plans are offered by life insurance companies that facilitate both risk protection and investment options, and many people consider these for the child’s investment planning.  Gold – Gold is one of the most popular investment options that act as a hedge against inflation.  Real estate – Although real estate provides decent return potential, it has limitations, such as high-ticket size, high transaction costs, high maintenance costs, illiquidity, etc.  If we look at all the above asset classes, they all come with various limitations, the primary and the most important being their underperformance against the elevated education inflation. Therefore, the investors lose their money in real terms if the investment cannot beat the education inflation, which is often seen in the case of the above asset classes. However, one asset class offers a solution to this and many other problems.   Mutual Funds - Investment in mutual funds is an excellent option. Mutual funds offer different products for the different needs of the investors. There is always a product available for every need of the investors. For example, investors can consider debt funds for short-term time horizons, which offer better return potential than bank deposits with lower risk. Hybrid funds can be considered for medium-term time horizons, providing limited growth potential and portfolio stability. Equity funds are suitable for long-term time horizons, which provide high growth potential with reduced volatility over a longer duration. Apart from this, mutual funds offer benefits such as professional money management, liquidity, diversification, lower ticket size, etc. Thus, parents can start their investment journey by regularly investing through SIP or one-time investment through lumpsum.  Top Performing Mutual Funds Following are some of the top-performing mutual funds from different categories:  Fund Name Category Sub-category Inception AUM  (Rs Cr) Expense Ratio 3Y Return  5Y Return  Nippon India Small Cap Fund Equity Small Cap 01-01-2013 43,816 0.67% 41.76% 30.94% HDFC Mid Cap Opportunities Fund Equity Mid Cap 01-01-2013 56,033 0.80% 32.32% 24.97% SBI Contra Fund Equity Contra 01-01-2013 21,482 0.69% 32.20% 26.29% DSP Nifty 50 Equal Weight Index Fund Equity Index (Large) 23-10-2017 1,004 0.40% 21.79% 18.48% HDFC Balanced Advantage Fund Hybrid Balanced Adv. 01-01-2013 73,349 0.80% 26.29% 19.43% ICICI Prudential Multi-Asset Fund Hybrid Multi-Asset 01-01-2013 30,650 0.84% 25.51% 19.79%  Note – All are Direct Plan and Growth Option; AUM and Expense ratio are as of December 31, 2023; 3Y/5Y returns are annualized and as on January 29, 2024  Source - valueresearch.com  Nippon India Small Cap Fund Nippon India Small Cap Fund is among the best performers and has consistently outperformed the category over the last 1/3/5/7/10 years.  It has delivered the highest returns in the category over the last 7 and 10 years and has been in the top 3 over the three and 5-year period.  The fund has delivered the best risk-adjusted returns over the last three years, depicted by the highest Sharpe ratio.  HDFC Mid Cap Opportunities Fund HDFC Mid Cap Opportunities Fund is the largest fund in the mid-cap space with an AUM of Rs. 56,033 crores and is the only fund in the category to have an AUM of more than Rs. 50,000 crores.    The fund has consistently outperformed the category and the mid-cap index over all the 1/3/5/7/10 years.  The fund has delivered better returns per unit of risk, depicted by the lower standard deviation and the beta compared with the category average.  SBI Contra Fund The fund follows a contrarian strategy while investing in equity and provides exposure to companies of all sizes.  The fund has been in existence for approximately 25 years and has generated a since inception return of 17.13% for its direct plan as of January 29, 2024.  The fund has delivered the best risk-adjusted returns in the category, as depicted by the highest Mean Return, Sharpe Ratio, Sortino Ratio and Alpha.  DSP Nifty 50 Equal Weight Index Fund This fund tracks the Nifty 50 Equal Weight TRI, providing exposure to large-cap equities where the probability for alpha generation is very low.    Compared with the Nifty 50 TRI, the Nifty 50 Equal Weight Index TRI has delivered better returns with lower volatility over a long-term period.  The fund has delivered an alpha of 4.23%, whereas the other funds in the category have barely managed to generate the alpha in the last three years.  HDFC Balanced Advantage Fund HDFC Balanced Advantage Fund is one of the oldest funds in India and is the largest fund in the balanced advantage category, with an AUM of Rs. 73,349 crores.  The fund has been the top performer in the category for over 1/3/5 years and has delivered an impressive return of 16.15% for its direct plan since its inception.  Although the fund has been volatile more than the category, it has delivered a significantly higher alpha of 10.98% compared to the category average of 2.62% over three years.  ICICI Prudential Multi-Asset Fund ICICI Prudential Multi-Asset Fund has the largest AUM of 30,650 crores in the category.  The fund provides exposure to various asset classes such as equities, debt, real estate, commodities, etc.  It has delivered a significantly higher alpha of 11.90% against the category average of 4.70% over the three years.  Note: All the details of the funds mentioned above are of direct plan growth option unless otherwise specified and as of January 29, 2024.   Source: valuereasearch.com  Investing in your child's future will provide a world-class education to help them remain competitive among peers. Here, competitive means allowing them to be well-settled with their career choices and to live a confident and happy life. The sooner you start, the better you can provide for your child eventually.  Choosing the right plan and sticking to your investment decision will reward you with an extensive corpus. Investors can research before selecting any fund or consult a financial advisor who can give investment advice suitable to their risk appetite.  Happy Investing!  Disclaimer - Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. The mutual fund schemes mentioned are only for educational and informational purposes, and no investment is recommended.  Join our robust WhatsApp Community that helps parents invest!

Choosing between government and private colleges is a critical decision that greatly influences a student's educational journey. In India, this choice is often guided by factors such as the quality of education, infrastructure, faculty, placements, fees, and overall reputation. In this article, we will delve into the debate of government vs private colleges in India, taking a closer look at each aspect to help students make a well-informed decision. https://www.youtube.com/watch?v=gmV3uxT7cSw Best Choice: Government vs Private Colleges Advantages of Government Colleges Quality of Education: Government colleges in India have a long-standing reputation for providing high-quality education. These institutions often have experienced faculty members who possess extensive knowledge and expertise in their respective fields. The curriculum is well structured and designed to meet industry standards, ensuring a strong academic foundation. Affordability: Government colleges are known for their affordability compared to private colleges. The tuition fees in government institutions are usually lower, making education accessible to students from diverse socio-economic backgrounds. Additionally, government colleges may offer scholarships and financial aid programs to deserving students, further reducing the financial burden. Infrastructure and Resources: Government colleges typically boast well-established infrastructure and state-of-the-art facilities. They are equipped with extensive libraries, well-equipped laboratories, research centers, and other resources that facilitate holistic learning. The availability of such resources enhances the overall educational experience and enables students to engage in practical learning. Recognition and Reputation: Government colleges in India are highly recognized and hold a good reputation both nationally and internationally. Degrees obtained from government institutions often hold significant value in the job market. The reputation of these colleges can provide an advantage during job interviews and open up better career opportunities for graduates. Hidden College Fees Parents Need to Pay Read More Advantages of Private Colleges Specialized Courses and Flexibility: Private colleges in India often offer a wider range of specialized courses compared to government colleges. They are more agile in responding to changing market demands and can introduce new programs to meet industry requirements. Private colleges also provide greater flexibility in terms of curriculum design and course offerings, allowing students to tailor their education to their specific career goals. Industry Connect and Placements: Private colleges often have strong industry connections and collaborations, which can lead to better internship opportunities and campus placements. Many private colleges have dedicated placement cells that actively engage with employers and organize job fairs, thereby increasing the chances of securing employment after graduation. However, it is important to note that top government colleges like IIT, IIM, NIT, IIIT, SRCC, DU, etc., often have far better placements compared to many private institutions. Modern Infrastructure and Facilities: Private colleges invest significantly in infrastructure, providing modern facilities and amenities that create an optimal learning environment. They may have state-of-the-art classrooms, well-equipped labs, advanced technology resources, and interactive learning spaces that promote innovation and practical learning. These facilities contribute to a more enriching educational experience for students. Smaller Class Sizes and Personalised Attention: Private colleges generally have smaller class sizes compared to government colleges. This allows for more personalized attention from faculty members, fostering better student-teacher interactions, individualized guidance, and mentorship opportunities. The smaller class sizes create a conducive learning atmosphere where students can actively engage in discussions, seek clarifications, and receive personalized support. Government colleges in India are subsidized by the government, making them more affordable for students. The fees in government colleges vary depending on the course and the college. However, the average annual fee for a bachelor's degree in a government college in India ranges from Rs. 10,000 to Rs. 50,000. According to the All India Survey on Higher Education (AISHE) 2019-20, the average annual fee for a Bachelor of Technology (B.Tech) course in a government engineering college is Rs. 15,000. The average annual fee for a Bachelor of Medicine and Bachelor of Surgery (MBBS) course in a government medical college is Rs. 30,000. Cost of Studying in Private Colleges in India Private colleges in India are not subsidized by the government and have higher fees compared to government colleges. The fees in private colleges vary depending on the course and the college. However, the average annual fee for a bachelor's degree in a private college in India ranges from Rs. 50,000 to Rs. 2,00,000. According to the AISHE 2019-20, the average annual fee for a B.Tech course in a private engineering college is Rs. 1,50,000. The average annual fee for an MBBS course in a private medical college is Rs. 7,50,000. Comparison of Cost of Studying in Government and Private Colleges in India The following table compares the average annual fees for some popular courses in government and private colleges in India: CourseGovernment CollegePrivate CollegeB.TechRs. 15,000Rs. 1,50,000MBBSRs. 30,000Rs. 7,50,000MBARs. 30,000Rs. 3,00,000B.ComRs. 10,000Rs. 50,000B.ScRs. 10,000Rs. 70,000 Conclusion: When deciding between government and private colleges in India, it is crucial to consider individual preferences, career goals, and financial capabilities. Government colleges offer quality education at an affordable cost, strong infrastructure, and a recognized brand name. On the other hand, private colleges provide specialized courses, industry connections, modern facilities, and a more personalized learning experience. To make an informed decision, students should consider various factors such as the reputation of the institution, the course of study, placement records, and the overall fit with their aspirations and financial situation. It is advisable to refer to reliable college and university rankings such as the National Institutional Ranking Framework (NIRF) and QS World University Ranking. Additionally, connecting with seniors and alums from the college can provide valuable insights and help students gain a better understanding of the college culture, curriculum, and placement opportunities. Join our robust WhatsApp Community that helps parents invest! By considering all these factors, students can choose the college that aligns best with their aspirations and sets them on a path to success. Furthermore, if you require guidance and assistance in choosing your dream college, you can consult EduFund. Remember, the ultimate key to success lies not solely in the type of college you attend but in the determination, dedication, and passion you bring to your education. With the right mindset and a commitment to learning, you can excel in any institution and achieve your goals. So, make an informed choice, stay focused, and embark on your journey toward a bright and successful future. FAQs What are the advantages of government colleges? Affordability: Lower fees compared to private colleges. Quality education: Experienced faculty and well-structured curriculum. Strong reputation: Recognized degrees and good brand value. Infrastructure: Well-established facilities and resources. What are the advantages of private colleges? Specialized courses: Wider range of programs and flexibility in curriculum. Industry connections: Strong industry links for internships and placements. Modern facilities: State-of-the-art infrastructure and advanced resources. Smaller class sizes: Personalized attention from faculty and a better learning environment. How do I choose the right college? Consider individual preferences, career goals, financial situation, reputation, course options, placements, and rankings. What are the fee differences? Government colleges: Range from Rs. 10,000 to Rs. 50,000 annually. Private colleges: Range from Rs. 50,000 to Rs. 2,00,000 annually. Talk To An Expert

The foreign education landscape has changed over the years. The costs are higher, the demand for foreign degrees has multiplied, and the need for financial budgeting and transparency over expenses has become essential. What are some difficulties Indian students are currently facing abroad (in terms of job security, cost of living, residency etc)? Which countries are witnessing the most upheaval?  Indian students abroad are encountering challenges, particularly concerning the cost of living across various countries. Analyzing data reveals distinct trends and difficulties faced by Indian expatriates and students in terms of job security, cost of living, and overall residency conditions.  For the third consecutive year, the United States reported a big increase in the number of Indian students opting for higher education in the country.   The Open Doors Report (ODR) revealed a 35% surge in the influx of international students from India to the United States, resulting in an all-time high enrolment of 2,68,923 students in the academic year 2022-23. Indian students now constitute over 25% of the one million-plus foreign students enrolled in US institutions.   India surpassed China as the leading source of international graduate students in the United States for the first time since 2009/10. The number of Indian graduate students has surged by an impressive 63%, reaching 165,936 students—an increase of nearly 64,000 students compared to the previous year. Additionally, the count of Indian undergraduate students has risen by 16%.   However, in recent times, some social media posts from Indians based in the US are seen discouraging people from going there. Some of the key reasons for their concern are – slowdown in job market (the unemployment rate remains near historic lows, but the number of jobless in America has been rising steadily over the past year — and is now close to triggering a classic recession indicator.   The three-month moving average of the unemployment rate has risen 30 basis points above its 12-month low. That's 20 basis points away from triggering the Sahm rule, a highly accurate indicator that the economy is in the early stages of a recession). Steep rise in tuition fees and living cost, low wages and H1-B lottery uncertainties add to the increase in cost of living for the average Indian student.  In recent times, Australia has been struggling with a very high cost of living. Employee households recording one of the largest quarterly rises in living costs of all household types with a 1.1 per cent increase to 6.9% in the December 2023 quarter. Reports have indicated that wages are not keeping pace with inflation amidst rising costs for energy, housing, and groceries.    In the UK, as of December 2023, a survey found the average student’s monthly living costs have increased by 17% since 2022 to £1,078. In a 2023 UK survey, it was found that 25% of students regularly skip meals as they could not afford them, and another survey indicated that 18% of students utilized a food bank in the previous academic year.    Among the countries analysed, the UK and Australia stand out for witnessing more challenges in terms of cost of living and job security. Both nations have experienced rapid inflation and economic fluctuations, making them particularly challenging for Indian students to navigate. The job market itself is undergoing rapid changes.   Today’s employers prioritize candidates who not only possess academic credentials but have also invested time in developing specific skill sets. This shift reflects a growing emphasis on practical and applied knowledge, often relegating those without such expertise to the sidelines.   Consequently, many students find themselves caught unprepared, facing job insecurity as their qualifications do not align perfectly with employer expectations. In response to these dynamics, financial planning emerges as a crucial strategy. It is essential for students and their parents to adopt a realistic approach to managing educational expenses and living costs. By planning ahead and allocating resources judiciously, they can mitigate the impact of economic fluctuations and maintain a focus on academic and career goals without feeling overwhelmed.   This surge in expenses extends beyond tuition fees to encompass accommodation, daily essentials, and healthcare, making financial management a critical skill for both students and their families.   Is it trickier for Indian students/workers to find a job and settle down overseas than it was 10 years ago?   It can be considered trickier for Indian students and workers to find a job and settle down overseas compared to 10 years ago, primarily due to several evolving factors:   Increased Competition Over the past decade, there has been a notable increase in the number of Indian students and workers seeking opportunities abroad. This influx has intensified competition for jobs, especially in popular destination countries like the US, Canada, UK, and Australia.   Changing Immigration Policies Many countries have adjusted their immigration policies over the years, often imposing stricter regulations and quotas for foreign workers. This can make it more challenging for Indian individuals to secure work permits or residency visas, affecting their ability to settle down long-term.   Economic Uncertainties Global economic fluctuations (including the pandemic) have influenced job markets worldwide. These uncertainties are impacting hiring trends and long-term immigration aspirations of many students.   Cost of Living The cost of living in many popular expatriate destinations has risen significantly over the past decade. For places like Canada, there is a housing crisis going on which has resulted in abnormal rent for foreign nationals (including students). As of 2022, about 30-35% Indian students who went abroad end up returning to the country, especially from European countries (As reported in ET). In Canada, specifically, the housing crisis, coupled with lack of jobs and inflation, is making the lives of Indian students more challenging than 10 years ago. In 2023, Canada was on track to welcome 500,000 permanent residents on top of a staggering 900,000 international students.   One of the key reasons for the Canadian government to bring in immigrants is to drive economic growth and resiliency. However, this has come at a time when Canada is witnessing a housing crisis. There is low construction of houses and the record-high interest rates have made new housing units beyond the reach of common Canadians and new immigrants.   There is a shortfall of at least 3,45,000 housing units across Canada, according to government data. House rents have skyrocketed too, making it challenging for students. In 2022, 2.26 lakh students out of 5.5 lakh international students, or 40 per cent of the total, were from India, according to Canadian government data. And there were 3.2 lakh Indians staying in Canada on student visas. Incorporating the latest shifts, the job market has undergone significant transformation, particularly with the integration of Artificial Intelligence (AI).   Employers are increasingly seeking individuals who possess logical and analytical skills that can be leveraged alongside AI technologies to enhance productivity. This shift makes finding a job trickier but also presents substantial opportunities for those who have adapted to these demands. The fact that the number of students opting for higher education abroad is increasing year on year indicates a growing awareness and preparedness among students to meet these new challenges head-on, equipping them with the skills necessary for success in this new job market era.  Are students pursuing courses in mid-low tier colleges/varsities particularly at risk?  There is some research that has revealed that a student with a good degree from a less prestigious university is better placed than a lower-class degree from a selective institution. The report by the Institute for Fiscal Studies found that graduates in England with first-class or upper second class (2.1) honours degrees had higher average earnings by the age of 30 than those who finished with lower second-class (2.2) awards, regardless of institution – meaning that degree class was often more important than institutional reputation.   In 2024, the risk for students in mid-low tier colleges hinges less on the institution's prestige and more on their ability to develop and showcase relevant skills. While the focus has shifted towards recognizing skills over the university's ranking, students at these institutions might face higher financial burdens.   This is due to potentially higher interest rates on loans and fewer scholarship/financial aid opportunities compared to top-tier universities. Nonetheless, students who can effectively communicate their skills and align them with employer needs can excel, regardless of their school's standing. The key is to balance acquiring these competencies with managing the economic implications of their educational choices.   What advice would you give to Indian parents dreaming of a life abroad for their ward?   Students aspiring to study abroad spend years in building the best possible profile to get to the best possible university. It is the parents’ responsibility to spend those years along with their child to build responsibly build a financial corpus to support their child’s dream.   There is a rather simple way to accomplish this for any parent. For parents, dreaming of sending their children abroad it is imperative that they financially plan for their children’s life abroad early. A parent dreaming of a life abroad for their child’s life abroad should try to follow the three mantras –   1. Currency depreciation must be planned for. INR against USD was at Rs 40-Rs45 for every Dollar in 1998- 2000 vs Rs 83 now. This is a hidden inflation of 3-4% per year if you are spending in dollars and earning in rupees. It is imperative for any parent to plan to keep this in mind.   2. Education financing combines three items. The capital stack looks like investments, loans, and scholarships.  3. Start to plan early because as time passes by you do not want to be in a position where you cannot afford the cost.   Education abroad is expensive. Of the three financing options, only investments come with the compounding effect which is the 8th wonder and works only if you plan ahead. 

A recent survey has shown that over 7.5 lakhs 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!   Cheap Universities in UK under ₹20 lakhs for Masters! Check out amazing universities that offer master's programs under ₹20 lakhs for international students. The tuition fees for these courses starts at ₹14-15 lakhs for some universities. They also offer scholarships to help you reduce the overall expense of your cost of attendance and build a career in a country like the UK! UniversityTuition Fees Starts FromUniversity of Cumbria₹14-15 lakhs/yearlyUniversity of Bolton₹16-17 lakhs/yearlyUniversity of Chester₹15-16 lakhs/yearlyUniversity of the West of Scotland₹15-16 lakhs/yearlyUniversity of Bedfordshire₹16-17/yearlyUniversity of West London₹16-17/yearlyUniversity of Wolverhampton₹16 lakhs/yearlyTeesside University₹17-18 lakhs/yearlyLeeds Beckett University₹18-19 lakhs/yearlyUniversity of Greenwich₹16-17 lakhs/ yearlyStaffordshire University₹17-18 lakhs/yearly 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 a master's. 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  Affordable Universities in Canada Read More 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  Time to Invest for your child's future! 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 master's 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.  Also Read: What is the Cost of Attendance? 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.  Talk to an Expert