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When we talk about education inflation, most statistics focus on foreign education. Yet, with the privatization of schools in India and the competitive nature of local universities, education inflation is bourgeoning in India, too.   Education costs grew faster than the food and healthcare inflation between 2012 and 2020. While food and healthcare inflation rose at 9.62% and 8%, respectively, education inflation grew by 10% every year during the mentioned period.   This is extremely scary given the lack of awareness around education costs among parents. The scariest bit is that even the pandemic had no effect on the rising education costs. The cost of education grew both in India and abroad during and post the pandemic. According to a survey conducted by the Indian government, education inflation rose by 4.12% in India after the pandemic.  In countries like the UK and the US, education inflation rose to 10%, touching an all-time high. This has impacted the fee structures of colleges and living costs in these countries. According to a survey by The National Centre for Education Statistics, the average fee for a 4-year degree program in the US was around Rs.25,22,000 in 2010-2011 and it has increased to Rs. 29,91,000 for the year 2020-2021.  There is an assumption among parents that education costs can be taken care of when the child is ready for school or college. Unfortunately, that’s not the case. Here are a few examples of the increase in college education in India and abroad:   The tuition fees of undergraduate courses at (the Indian Institute of Technology) IITs doubled (from Rs.90,000 to Rs.2 lakhs) post the hard-hitting pandemic in 2021.   According to data from the Unified District Information System for Education, approximately 39% of students aged 20-24 dropped out of college to help their families increase their household income.   Many Australian universities increased their tuition fees for arts and humanities courses by 113% between 2020 and 2021.   The average cost of attending a four-year college or university in the US rose by 497% between 1985-1986 and 2017-2018 academic years, which is more than twice the rate of annual inflation in the same period.   Post the pandemic, many overseas universities hiked their college fees for 2022-2023.   The total cost of education for an undergraduate program at Harvard University for one academic year has increased from Rs.65,38,000 in 2021-2022 to Rs.68,15,000 in 2022-2023. Understanding the Phenomena of Education Inflation Read More What makes it worse is the many hidden charges that can push the education budget up further. Take, for instance, the cost of exam registration fees. It has seen an approximate 6.7% hike in the last year. The hike in the cost of transport, food, and student accommodation contributes to the overall increase in education costs.   The tuition fees of colleges in India have seen a major rise in the past few years. Here is some data on how course fees of specific courses may increase in the future based on the rise in fees over the past few years.  The cost of an MBA in 2020 was 31 lakhs; the estimated cost of an MBA in 2030 is 61 lakhs.     The cost of an MBBS in 2020 was 50 lakhs; the estimated cost of an MBBS in 2030 is 80 lakhs.     The cost of Engineering in 2020 was 16 lakhs; the estimated cost of Engineering in 2030 is 40 lakhs.     The cost of Hotel Management in 2020 was 2.4 lakhs; the estimated cost of Hotel Management in 2030 is 4.78 lakhs.  Important factors responsible for education inflation 1. The rising cost of amenities The hike in the cost of food, accommodation, transport, and other living expenses is crucial to the cost of education.   2. Increase in the number of educators As the number of universities and colleges grows by the day, the need for educators has increased too. This is another key factor in the rise in education costs.   3. The rise in demand for higher education Higher education is not an option anymore but a necessity. It plays a major role in an individual’s financial success and growth.   Given the education inflation, it’s imperative for parents to plan ahead and save for their child’s education. It’s the most effective way they can support their child’s dream by sending them to a quality university. FAQs What are the changes in the education system in India? Ans. Changes in the Indian education system have been ongoing and multifaceted. Some notable changes include the introduction of digital learning platforms, the emphasis on skill-based education, increased access to online education, and the revision of curriculum and examination patterns to reduce stress on students. What is the concept of the new education policy? Ans. The New Education Policy (NEP) is a comprehensive reform introduced in India. Its key concepts include the promotion of a multi-disciplinary and flexible curriculum, the establishment of a 5+3+3+4 school education structure, an emphasis on early childhood education, a focus on skill development and vocational training, and an increased use of technology in education. The NEP aims to transform the Indian education system to make it more inclusive and globally competitive. What are the educational trends? Ans. Educational trends in India include the rise of online and blended learning, a growing emphasis on STEM (Science, Technology, Engineering, and Mathematics) education, personalized learning through adaptive technology, a shift towards competency-based education, and an increased focus on holistic development, including mental health and well-being of students. What are the changes in education in India? Ans. Changes in education in India encompass various reforms and initiatives aimed at improving the quality and accessibility of education. These include the implementation of the National Education Policy (NEP), a focus on experiential learning, the promotion of vocational education, and efforts to bridge educational disparities. TALK TO AN EXPERT

Studying abroad is becoming the norm with thousands of Indian students applying to foreign universities every year. The reason behind the trend is better job opportunities, global exposure, and a chance to enter the international workforce. But studying abroad can be expensive, from tuition fees to living costs the expenses can pile up quickly and scare any parent. That is why here is a list of countries under 50 lakhs for your child’s master that you can consider!  1. Ireland  Ireland tops the list of countries under 50 lakhs for your child’s master. The country is home to some top-notch universities offering diverse programs, scholarships, and post-study work visas to earn back in Euros! Ireland offers incentives like shorter courses – one-year programs, flexibility in curriculum to take up part-time jobs, and placement opportunities. The cost of studying master's in Ireland can range from Rs. 30 – 45 lakhs, and students can opt for cheaper accommodation like homestays, shared rooms, and dorms to reduce living expenditure and work during free time to make up for the cost. There are many scholarships, fee waivers, and government incentives that can help your child stay within the budget even in a foreign country!  2. Singapore   Singapore is another brilliant destination to consider if your child is on a budget. The average cost of studying in the country is 50 to 55 lakhs. There are amazing part-time job opportunities to keep up with the living expenses of studying and living in the country. Singapore can be more expensive, especially when compared to other Asian countries. Singapore is a go-to place if your child wants to study STEM courses and build a career in a similar field. Another great incentive to apply to Singapore from India is that its top universities recognize popular entrance exams like JEE and GATE as a part of the application process!    3. Netherlands  The Netherlands is an unexplored destination and at the top of countries under 50 lakhs for your child’s masters! Higher education in the Netherlands is subsidized to make it affordable and accessible to a majority of students. The tuition fees vary based on the course your child chooses but the average cost of attendance is generally between Rs. 6 - 15 lakhs. The application process is simple and similar to the UK or USA registration process. The country is great if your child is on a budget, wants to explore different European countries while studying, and wants to send your child to a safe country.   Additional read: Can your child do an MBA in Canada for under 40 lakhs? 4. Germany Germany is famous for offering tuition-free college experience. While that may be true for some degrees and some qualified students, it is not uniform. Public universities charge mandatory semester fees (Rs. 8 to 30k) to students while private universities charge tuition fees that can go up to Rs 1 to 2 lakhs per semester. The monthly cost of studying in Germany is somewhere between Rs.60 to 70k depending on where your child is staying and their daily expenses. While Germany is not cheap, it is cheaper to pursue a master's in comparison to countries like the UK, USA, or Australia. 5. Hungary  Hungary is one of the countries under 50 lakhs for your child’s master. The country is home to nearly 35,600 international students and offers tuition fees in the range of Rs. 2 to 3 lakhs. Technical courses like Medicine and Engineering may cost more than the average tuition fees. The cost of living in the country is similar to that of Germany, it can cost anywhere between Rs. 60k to 70k to live in the country.      If you and your child are on a budget then these countries under 50 lakhs for masters are a great alternative. They offer quality education, quality life as well as global exposure. With saving and budgeting, you can easily take care of this cost and uplift your child’s future!  FAQs Which country is the cheapest to do a Master's for Indian students? There are some countries that are affordable for Indian students for masters such as Germany, Russia, Ukraine, Hungary, Netherlands, Singapore, Norway, and Ireland. Which country is the cheapest to study for international students? There are many countries that are considered cheap for international students. Some of them are Germany, Russia, Ukraine, Hungary, Netherlands, Singapore, Norway and Ireland. Can I study abroad for 20 lakhs? Yes, it is possible to study abroad in 20 lakhs. There are many post-diploma courses and short-term courses for 6 months or 1 year that can cover your fees and cost of living.

The news about education inflation rising in India is not new. Education inflation is a subset of inflation and can be cancerous for your child’s future. Let’s look at why is education inflation rising in India. https://www.youtube.com/shorts/jjXF-KC9iWI What is Education Inflation? Education inflation refers to the unexpected financial rise in the domain of education. The cost of education tends to rise by quite a large margin. The hidden charges associated with education add up to the overall expense. When we hear about inflation, we tend to think about the rise in the prices of fruits, fuel, daily supplies, and so on. But surprisingly, inflation in the field of education tops the chart. From the years 2012 to 2020, India experienced an enormous rise in the costs of education by 10%. Students and their parents are affected deeply by it because it creates a direct impact on the access to the quality of education that they are getting. If parents do not plan for it well in advance, they might have to face a major financial crisis when their child goes for higher education. https://www.youtube.com/watch?v=jPHG8h87Dzo Factors contributing to education inflation in India  1. Energy and Oil prices   The setback in terms of energy and oil prices due to global economic and political conditions has led to an acute increase in prices and contributed to the rising Inflation in countries like India that import oil. Inflation in April 2022 rose because of the sharp change in prices of crude petroleum, natural gas, mineral oils, and essential metals. They rose by 10.80% in April this year compared to 7.52% in March 2022.   Beating Inflation: Saving Tips Read More 2. Shaky geopolitical order  Rising Inflation in India is because of the disruption in the supply and demand chain as well as the geopolitical disorder caused by the Russia-Ukraine War. India imports items like sunflower oil and fertilizers from Ukraine. Due to trade cut-offs, the supply shortage for these commodities has led to a rise in demand.   What will be Education Inflation after 10 years? Read More 3. Fall of the rupee against the dollar  The rupee has depreciated against the US Dollar consistently. It saw its all-time low this year with a currency exchange rate of Rs. 79 to 1 dollar. The USD is growing stronger against major currencies in the world.  The reason why is education inflation rising in India 1. Increase in Tuition Fees    An increase in tuition fees of schools and colleges in India is the cause and reason for rising education inflation. These rising costs affect current and future students who wish to study at top universities. While scholarships, grants, financial aid, and education loans are great ways to combat the event, they might not be enough. A prompt education planning that understands the rate of inflation can help parents plan more efficiently!   The impact of high tuition fees can have dramatic effects – it can lead to students dropping out of college mid-day, taking on enormous education loans with high interest rates, and even forgoing colleges that may help them advance in their careers.  How to beat inflation by investing in Mutual Funds? Read More 2. Modern Infrastructure and maintenance  Most schools and colleges have modern infrastructure, facilities, research centers, and expensive equipment. Good universities provide recreational facilities such as a cricket ground, volleyball ground, indoor games room, auditorium, canteen, library, and so on. The construction and maintenance of all these resources require a lot of expenditure which is charged by the students. It also includes the campus fees which are used as an umbrella term. Furthermore, there are certain training and placement programs that are added to the tuition fees.  Certain subjects require laboratories where all types of equipment are provided to facilitate the research process. The campus is digitalized for a better technological experience and all the computers are connected with a proper internet connection. This also adds up to the overall expenditure on studying.   3. Higher cost of living  The standards of living of people have risen significantly. People want to live a better life with all the necessities and certain luxuries that they desire. Amidst all this, they spent a huge amount of money to satiate their wishes. Furthermore, proper investment is not done which later creates financial pressure. Parents must start some sort of savings or investment plan for their children to counter the ever-increasing rate of education inflation.  The expenses that are spent on measly stuff should be carefully monitored and invested elsewhere to generate a potential corpus for the future of your child.   4. Pandemic  The COVID pandemic has been a significant reason for the cause of the increase in education inflation. The economy of the country has been deeply hit which led to an increase in the cost of everything present around. In the year 2020 when the pandemic paved its way, all the schools were closed for more than a year. Also, classes were held in online mode.   The additional fees were not charged by some schools. Parents had to pay only the tuition fees. But after the pandemic got over and schools and colleges reopened, there was a drastic increase in the cost of education. Schools and colleges that tried to compensate for the loss caused during the pandemic were charged by the parents.   https://www.youtube.com/watch?v=v4gmR-U_vHA FAQs What is education inflation in India? Ans. Education inflation in India refers to the rising cost of education over time. It encompasses tuition fees, textbooks, school supplies, and other educational expenses. This phenomenon can outpace general inflation, making education less affordable for students and their families. What is the inflation rate of education in India? Ans. The inflation rate of education in India is subject to change and can vary across different states and educational institutions. To obtain the most accurate and up-to-date information, it's advisable to refer to government reports, academic institutions, or economic research agencies for specific data on education inflation in India. What is the inflation rate of education costs? Ans. The inflation rate of education costs varies by region and over time. It generally reflects the percentage increase in the overall cost of education expenses, including tuition, books, and other related costs. This rate can fluctuate and significantly affect a student's ability to afford education. How does inflation affect the education system? Ans. Inflation can negatively impact the education system by increasing the financial burden on students and their families. Rising costs for tuition, materials, and other educational expenses can make education less accessible, potentially limiting opportunities for individuals to pursue higher education and skill development.

Selecting the right board for your kid’s schooling is an important and life-changing decision. In India, there are many boards to choose from! There are IB, CBSE, and ICSE are known for offering English-medium instruction, great quality education along extra-curricular opportunities.  You can also send your child to State Boards where the medium of instruction is in the native state language. The plethora of options available can be confusing, here are some ways to List of Education Boards in India CBSE - Central Board of Secondary Education NOIS - National Institute of Open Schooling CISCE Council for the Indian School Certificate Examination UP Board - Board of High School and Intermediate Education Uttar Pradesh JKBOSE - Jammu and Kashmir State Board of School Education RBSE - Board of Secondary Education Rajasthan HPBOSE - Himachal Pradesh Board of School Education MPBSE - Madhya Pradesh Board of Secondary Education CGBSE - Chhattisgarh Board of Secondary Education PSEB – Punjab School Education Board HBSE - Haryana Board of School Education BSEB - Bihar School Examination Board GSEB - Gujarat Secondary and Higher Secondary Education Board MSBSHSE – Maharashtra State Board Of Secondary and Higher Secondary Education BIEAP - Andhra Pradesh Board of Intermediate Education BSEAP - Andhra Pradesh Board of Secondary Education WBBSE - West Bengal Board of Secondary Education WBCHSE - West Bengal Council of Higher Secondary Education Tips to choose the right board for child schooling 1. Understand your child’s preferences  Before you select the right board, try to understand your child’s persona. Figure out your child’s interests. Are they academically inclined or interested in sports art or theatre? Most parents force their preferences on the child which may create unnecessary pressure on your child later in life. Knowing their interests and preferences can help you shortlist and select the right board for them. Top Education Boards in India. How to Choose the Right One? Read More 2. Costs involved  Before admitting your child to a specific board, you should consider factors associated with cost. Different boards in India have different costs. For instance, the average fee structure of CBSE annually is between INR 40000 to INR 80000. On the contrary, the average fee structure of the ICSE board is between INR 65000 to INR 90000. Hence, you have to carefully select between boards to check the right expenses.  3. Location of the school  In India, education is the cornerstone of development. A school that is located at a good site allows your child to learn things harmoniously. You should always choose a school that is located near your house Do you know that the school location is the second teacher for your child? The proper location of the school has the power to organize and promote pleasant relationships. A school located nearby drastically decreases your child’s transport fees. You don't have to pay expenses in the form of bus fares and pooling cars. If the travel time to school is longer, your child may feel tired. This will increase their stress and fatigue at the end of the day.  4. University preparedness  You should select a school affiliated with an educational board that best prepares your child for future career prospects. There are boards that design curricula based on your child’s university preparedness. Parents should understand that the initial years of their child’s growth are very crucial. You should enroll your child in a school affiliated with a board that offers universal education. With universal education, your child can achieve good grades when they study in foreign universities.  5. Curriculum and co-curricular activities  Largely, a good school stands apart because of its curriculum. The most common curriculum choices today are those created by various state boards, ICSE, and CBSE. The depth and breadth of the curriculum along with the teaching methodology influence the future success of your child.  For instance, if you have already made up your mind to send your child to the US and save funds for the same, you might want to consider a US-recognized curriculum. That’s why you need to conduct extensive research into the curriculum of the school.  6. Pedagogical methods  Parents typically think that the pedagogical methods deployed by teachers are influenced by school authorities. However, this is not true, as the board has the final say on the teaching style of the teacher.  FAQs Which board is best for children's education? Some of the most popular boards and most wanted boards by parents in India for their child's education are the Central Board of Secondary Education (CBSE) and the Indian Certificate of Secondary Education (ICSE). Which is better CBSE or ICSE best? ICSE and CBSE are the most popular boards in India. They are recognized by universities and colleges across the globe. CBSE is considered better because a majority of schools in India offer it at an affordable price, they are also widely recognized and preferred by most Indian universities and colleges. School kids preparing for JEE, NEET, and other national entrance exams prefer CBSE because there is a lot of commonality in terms of syllabus and exam pattern. Which board is best for the future? There are many education boards in India. Some of the most common are CBSE, IB, ICSE, and state boards. Amongst these CBSE is the most preferred choice for parents. Should I put my child in CBSE or ICSE? CBSE is widely available in India. The coursework and syllabus are less competitive and difficult when compared to ICSE, IB, or state boards. ICSE and IB board can help your child set a strong foundation for foreign studies and communication in the future.

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

Introduction Government schools in India play a pivotal role in shaping the educational landscape of the nation. These institutions, funded and operated by the government, cater to a diverse range of students and serve as the bedrock of the education system. In this article, we will provide a concise overview of government schools in India, emphasizing their importance, the challenges they face, and the initiatives aimed at their improvement. Role of Government Schools  1. Inclusivity and Accessibility  One of the most commendable aspects of government schools in India is their commitment to inclusivity. They welcome students from various socio-economic backgrounds, ensuring that education remains accessible to all, regardless of their financial means. This inclusivity not only promotes diversity but also strengthens the social fabric of the nation.  2. Affordability and Free Education  Government schools further underscore their significance by offering free education up to a certain level. This crucial provision alleviates the financial burden on parents and guardians, enabling millions of children to receive a quality education without compromising their families' financial stability.  Challenges Faced by Government Schools 1. Infrastructure and Facilities  Despite their noble mission, government schools often grapple with inadequate infrastructure and facilities. Insufficient classrooms, outdated equipment, and inadequate sanitation facilities can hinder the overall learning experience for students.  2. Teacher Training and Quality  Ensuring that government school teachers receive proper training and maintain a high standard of teaching is imperative. Investment in teacher development programs is essential to guarantee that students receive the best education possible.  3. Curriculum and Innovation  To remain relevant in an ever-evolving world, government schools need to continuously update and modernize their curriculum. Incorporating innovative teaching methods and subjects is vital to prepare students for the challenges of the 21st century.  Government Initiatives for Improvement  1. Sarva Shiksha Abhiyan (SSA)  The Sarva Shiksha Abhiyan (SSA) is a flagship program aimed at providing quality elementary education to all children. It has significantly improved access to education in remote and underserved areas, further enhancing the reach and impact of government schools.  2. Rashtriya Madhyamik Shiksha Abhiyan (RMSA)  The Rashtriya Madhyamik Shiksha Abhiyan (RMSA) focuses on enhancing the quality of secondary education. By investing in better infrastructure, teacher training, and curriculum development, RMSA is elevating the standards of government schools across the country. 3. Digital Learning Initiatives  To keep pace with technological advancements, government schools are embracing digital learning initiatives. These initiatives are ensuring that students have access to digital resources, fostering a more interactive and engaging learning environment. Private vs. Government Education Loans Read More Top Government Schools in India   1. Introduction to Top Government Schools  In the vast landscape of government schools in India, some institutions shine brightly as the epitome of academic excellence and holistic development. These top government schools are renowned not only for their history but also for the remarkable contributions they have made to education in the country. In this section, we will delve into the significance of these institutions and the criteria that set them apart.  2. The Significance of Top Government Schools  Top government schools in India hold immense significance in the educational landscape. They are known for their unwavering commitment to providing students with a well-rounded education that encompasses academic excellence, character development, and the nurturing of talent and skills. These schools set high standards, not only in terms of academic achievements but also in fostering critical thinking and leadership qualities among their students.  3. The Criteria for Selecting Top Schools  Selecting top government schools is not a simple task, as it involves evaluating various factors that contribute to their excellence. Key criteria include academic performance, infrastructure and facilities, teaching quality, extracurricular activities, and the overall impact these schools have on their students and society at large.  1. Delhi Public School, RK Puram, New Delhi Overview and History  Delhi Public School, RK Puram, New Delhi, stands as a beacon of educational excellence with a rich history dating back to its establishment. Known for its commitment to holistic education, this institution has consistently delivered outstanding results and shaped the future of countless students.  1. Academic Excellence and Facilities  The school's commitment to academic excellence is reflected in its rigorous curriculum and world-class facilities. It provides students with access to top-notch resources, including well-equipped classrooms, libraries, and laboratories, ensuring a conducive environment for learning.  2. Notable Alumni  Delhi Public School, RK Puram, boasts an impressive list of notable alumni who have excelled in various fields, including business, politics, and the arts. These alumni serve as an inspiration to current and future generations, demonstrating the school's lasting impact. 2. The Doon School, Dehradun  1. Legacy and Reputation  The Doon School, Dehradun, holds a legacy and reputation that few institutions can match. With a history dating back to its founding, this school has consistently set high standards for education and character development.  2. Holistic Education Approach  The Doon School is renowned for its holistic approach to education, emphasizing not only academic excellence but also character-building, leadership, and critical thinking. Students here are encouraged to explore their talents and interests beyond the classroom.  3. Achievements and Alumni  The school's emphasis on character development and discipline has led to many of its alumni excelling in the defense services, civil services, and various other fields. Their achievements are a testament to the school's commitment to nurturing well-rounded individuals.  3. Sainik School, Kazhakootam, Kerala  1. Military Education and Discipline  Sainik School, Kazhakootam, Kerala, is distinguished for its focus on military education and discipline. It instills values of patriotism, leadership, and service in its students, preparing them for careers in the armed forces.  2. Character Development  Beyond academics, the school places a strong emphasis on character development, encouraging students to become responsible and disciplined citizens. This character-building approach sets the school apart.  3. Alumni in Defense Services  Sainik School, Kazhakootam, has produced numerous alumni who have gone on to serve the nation in various defense services, showcasing the institution's commitment to producing dedicated and skilled individuals in this field. 4. Rajkiya Pratibha Vikas Vidyalaya (RPVV), Delhi  1. Commitment to Quality Education  RPVV schools in Delhi have gained recognition for their unwavering commitment to providing quality education to economically disadvantaged students. These schools offer an inclusive and conducive learning environment that fosters academic growth.  2. Inclusive and Conducive Learning Environment  RPVV schools have created a nurturing and inclusive atmosphere where students from diverse backgrounds can thrive. The schools' dedication to inclusivity ensures that every student has an equal opportunity to succeed.  3. Success Stories of RPVV Alumni  RPVV alumni have gone on to achieve remarkable success in various fields, breaking barriers and making their mark in society. Their stories stand as a testament to the quality of education and support provided by these schools.  5. Kendriya Vidyalaya Sangathan (KVS)  1. Nationwide Network of Central Government Schools  Kendriya Vidyalaya, operated by the Kendriya Vidyalaya Sangathan (KVS), forms a nationwide network of central government schools. They are known for their standardized curriculum and commitment to inclusivity.  2. Standardized Curriculum and Inclusivity KVS schools follow a standardized curriculum that ensures uniformity and quality across the network. They offer quality education to the children of central government employees, fostering an environment that promotes diversity and inclusivity.  Private vs. Government Schools Read More List of Central Government Schools in India   1. Introduction to Central Government Schools  Central Government Schools in India play a crucial role in the nation's education system. They are established and administered by various central government bodies, providing quality education and numerous benefits to students.  2. The Role and Significance of Central Government Schools  Central government schools are known for their commitment to delivering quality education across the country. They ensure that students, regardless of their location, have access to standardized and high-quality educational facilities.  3. Free Education and Other Benefits  One of the most notable aspects of central government schools is their provision of free education up to a certain level. Additionally, these schools often offer other benefits such as scholarships, financial assistance, and a range of extracurricular activities. 1. Jawahar Navodaya Vidyalaya's (JNVs)  1. Focus on Rural and Underprivileged Students  Jawahar Navodaya Vidyalaya (JNVs) are central government schools with a specific focus on rural and underprivileged students. They aim to bridge educational disparities by providing access to quality education and opportunities for those who may not have had them otherwise.  2. Free Education, Boarding, and Lodging  JNVs offer not only free education but also boarding and lodging facilities to students, particularly those from remote areas. This ensures that students from diverse backgrounds receive a uniform and inclusive educational experience.  3. Success Stories of JNV Graduates  JNVs have a track record of producing successful graduates who have excelled in various fields. These success stories highlight the positive impact of JNVs in transforming the lives of students from disadvantage backgrounds.  2. Sainik Schools  1. Preparing Students for Careers in the Armed Forces  Sainik Schools have a unique mission to prepare students for careers in the armed forces. They provide specialized training, discipline, and a structured academic curriculum that equips students for a future in the defense services.  2. Discipline and Rigorous Academic Training  Sainik Schools are known for their disciplined environment and rigorous academic training. This focus on character development, leadership, and physical fitness sets them apart from other educational institutions.  3. Achievements of Sainik School Alumni  Sainik Schools have a proud history of alumni who have gone on to serve the nation in various capacities, including as military officers, civil servants, and leaders in different fields. Their achievements underscore the effectiveness of the school's training. Other Notable Central Government Schools  In addition to the schools, there are several other noteworthy central government schools in India, each with its unique strengths and contributions to the education sector. These schools collectively form a strong educational network across the nation.  In summary, central government schools in India provide students with access to quality education, free education opportunities, and a range of benefits. They cater to diverse needs, from preparing students for careers in the armed forces to offering a standardized curriculum in major cities. The success stories of their graduates stand as a testament to the positive impact of central government schools on the nation's educational landscape.  FAQs How many government schools in India? As of my last knowledge update in September 2021, India has approximately 1.5 million government schools. These schools, administered by various state and central government bodies, play a crucial role in providing education to a vast and diverse population.  Which state has the most government schools in India? Uttar Pradesh holds the distinction of having the highest number of government schools in India. With its large population, the state has an extensive network of government educational institutions, catering to millions of students.  Are government schools in India free? Yes, government schools in India offer free education up to a certain level. This provision aims to make education accessible to all, especially those from economically disadvantaged backgrounds. While education is free in government schools, students may incur minimal expenses for uniforms, books, and other miscellaneous items.

Before enrolling at an IIM, students need to know about the cost of studying in IIMs beforehand to take appropriate steps to arrange the college fees. As education inflation has reached its peak, the cost of educational expenses is also on the higher side. What are IIMs? The Indian Institutes of Management, commonly referred to as IIM, is a public business school owned by the central government of India. The IIMs offer several study courses like MBA Executive, doctoral, postgraduate, and undergraduate, as well as business administration-related additional courses.  The flagship program of IIM is the MBA or Master of Business Administration program, which is offered as a one-year global MBA program or a two-year Postgraduate Program in Management (PGP).  Create Education Goal to Study in IIM Average Cost of Studying in IIMs There are several IIMs in India, the prominent three being IIM Ahmedabad, IIM Bangalore, and IIM Calcutta also referred to as IIM-A, IIM-B, and IIM-C, respectively. The MBA fee structure of all the IIMs varies between INR 16 Lakh and INR 27 Lakh.  The IIM MBA fees for the top three institutes are the highest and range between INR 24 Lakhs and INR 27 Lakhs, and for newly opened institutes, the fee varies between INR 16 Lakhs to INR 19 Lakhs.  There is a distinct difference between the fee structure of older and newly built IIMs because the new IIMs are financially backed by the government, unlike the older ones, which bear the maintenance and other expenses by themselves. Components of MBA Fees: IIM Fee Structure The IIM fee structure includes Tuition fees Traveling expenses Boarding fees Personal expenses Library fees Cost of Eating in the Mess  Internet expenses Cost of books and course materials Computer/laptop cost Study tours Alum activity Miscellaneous expenses Students can pay the total fees at one go or opt for a semester-wise payment schedule, whichever they find comfortable. Cost of studying in Top 10 IIMs IIM CampusTotal Tuition FeesIIM AhmedabadINR 24.61 lakhIIM BangaloreINR 24.50 lakhIIM CalcuttaINR 25.00 lakhIIM LucknowINR 20.70 lakhIIM KozhikodeINR 20.50 lakhIIM RaipurINR 16.10 lakh (excluding boarding fees)IIM UdaipurINR 19.00 lakhIIM RohtakINR 17.60 lakhVisakhapatnamINR 17.58 lakhIIM TrichyINR 19.5 lakh An overview of the top 3 IIMs  1. IIM Ahmedabad  IIM Ahmedabad is the country's most popular and most expensive IIM, offering Business & Management Studies. The institute offers several facilities like a hostel, library, cafeteria, labs, gym, music room, wi-fi campus, auditorium, medical facilities, sports complex, and a/c classroom.  The total tuition fee structure for the different courses is. CourseTotal Tuition FeesDurationMBA/PGDM (3 courses – 50 seats)INR 12 lakh - INR 24.61 lakhFor 16 months – 2 yearsExecutive MBA/PGDM (1 course – 140 seats)INR 31.5 Lakh 1 yearMMS (1 course)INR 20 lakh2 yearsCertificate (2 courses – 60 seats)INR 1.57 lakh4 – 6 months 2. IIM Bangalore Established in 1973 with NIRF ranking two and a 100-acre campus area, the IIM fee structure covers fees for personal accident insurance and medical insurance besides the regular fee structure offered by almost all the IIMs. Statistics of Bangalore placement 2022 show that 137 companies visited the campus and made 662 offers. The median and average package offered was INR 31.20 lakh per annum and INR 33.82 lakh per annum, respectively. CourseTotal Tuition FeesDurationMBA/PGDM (4 courses – 635 seats)INR 12.5 - INR 24.5 lakh1 year – 2 yearsCertificate (79 courses)INR 65 k – INR 17.75 lakh2 days – 15 monthsExecutive MBA/PGDM (1 course – 75 seats)INR 23 lakh1-year 3. IIM Calcutta IIM Calcutta ranked 3rd under the NIRF rankings and was the first to be established under IIM legacy. According to the available statistics for 2022, the placement percentage of the institute last year was 100%, as 190+ companies visited the campus, and 631 offers were made to the students.  CourseTotal Tuition FeesDurationMBA/PGDM (3 courses)INR 23.2 lakh – INR 25 lakh2 yearsExecutive MBA/PGDM (2 courses)INR 13.5 lakh to 31 lakh1 yearCertificate (35 courses)INR 2.5 lakh – 12.89 lakh6 months – 1 year Balance the Books by Comparing the Cost of IIMs! An elite collection of management schools in India known as the Indian Institutes of Management (IIMs) are renowned for their demanding academic curricula and superior management education. In India, there are 20 IIMs, each with special qualities and advantages. Here are the IIMs available in India: IIMLocationAnnual Fee for PGP (Latest Available)IIM AhmedabadAhmedabad, GujaratApproximately INR 30 lakhsIIM BangaloreBangalore, KarnatakaApproximately INR 24 lakhsIIM CalcuttaKolkata, West BengalApproximately INR 31 lakhsIIM LucknowLucknow, Uttar PradeshApproximately INR 19 lakhsIIM KozhikodeKozhikode, KeralaApproximately INR 19.5 lakhsIIM IndoreIndore, Madhya PradeshApproximately INR 20 lakhsIIM ShillongShillong, MeghalayaApproximately INR 14.3 lakhsIIM RohtakRohtak, HaryanaApproximately INR 16.9 lakhsIIM RanchiRanchi, JharkhandApproximately INR 16.3 lakhsIIM TrichyTiruchirappalli, Tamil NaduApproximately INR 19.5 lakhsIIM KashipurKashipur, UttarakhandApproximately INR 17.3 lakhsIIM UdaipurUdaipur, RajasthanApproximately INR 20.4 lakhsIIM RaipurRaipur, ChhattisgarhApproximately INR 16.5 lakhsIIM NagpurNagpur, MaharashtraApproximately INR 18 lakhsIIM VisakhapatnamVisakhapatnam, Andhra PradeshApproximately INR 18.2 lakhsIIM Bodh GayaBodh Gaya, BiharApproximately INR 15.5 lakhsIIM AmritsarAmritsar, PunjabApproximately INR 17 lakhsIIM SirmaurSirmaur, Himachal PradeshApproximately INR 11.75 lakhsIIM SambalpurSambalpur, OdishaApproximately INR 13 lakhsIIM JammuJammu, Jammu and KashmirApproximately INR 17 lakhs Let’s have a look at the Top 10 IIMs with their Annual Fee. Remember, IIMs often provide scholarships and financial assistance to eligible students based on various criteria, so prospective applicants are encouraged to check the most up-to-date fee structures and financial aid options on the respective IIMs' official websites. Fees for Indians and foreign Nationals at IIMs 1. IIM Ahmedabad One of India's top business schools is IIM Ahmedabad. The PGP (Post Graduate Programme) and PGP-FABM (Post Graduate Programme in Food and Agribusiness Management) are only two of the postgraduate programs it provides. The annual cost of the PGP program is around INR 30 lakhs for Indian citizens and USD 85,000 for foreign students. 2. IIM Bangalore Another esteemed IIM, IIM Bangalore is renowned for its demanding academic programs. The PGP, PGPEM (Post Graduate Programme in Enterprise Management), and PGPPM (Post Graduate Programme in Public Policy and Management) are all programs offered by the institute. The annual cost of the PGP program is around INR 24 lakhs for Indian citizens and USD 85,000 for foreign students. 3. IIM Kolkata One of the original IIMs, IIM Calcutta is well known for its management programmes. It provides a variety of management courses, including the PGDM (Post Graduate Diploma in Management). For Indian citizens and overseas students, the average yearly cost of the PGDM program is roughly INR 31 lakhs and USD 92,500, respectively. 4. IIM Lucknow The academic offerings and research initiatives of IIM Lucknow are renowned for their variety. It offers courses including PGP, WMP (Working Managers Programme), and IPMX (International Programme in Management for Executives). The yearly cost of the PGP program is around INR 19.25 lakhs (for Indian citizens) and USD 63,500 (for students from other countries). 5. Kozhikode IIM The unique programs and instructional strategies used at IIM Kozhikode are well-known. It provides the PGP, EPGP (Executive Post Graduate Programme), and PGP-BL (Post Graduate Programme in Business Leadership). The yearly cost of the PGP program is around INR 19.50 lakhs (for Indian citizens) and USD 60,000 (for students from other countries). https://www.youtube.com/shorts/SRkKqX7IQF4 6. IIM Raipur One of the most recent IIMs, IIM Raipur, is rapidly rising to prominence. It offers the Executive Fellow Programme in Management (EFPM) and PGP. For Indian nationals, the PGP program's annual cost is around INR 16.5 lakhs. 7. IIM Udaipur The picturesque campus and management programs of IIM Udaipur are well-known. The PGP and PGPX (Post Graduate Programme for Executives) are available there. For Indian nationals, the PGP program's annual cost is around INR 20.4 lakhs. 8. IIM Rohtak The IIM Rohtak is renowned for its dedication to top-notch management education. It offers the Post Graduate Programme (PGP), Integrated Programme in Management (IPM), and Executive Post Graduate Programme (EPGPX). For Indian nationals, the PGP program's annual cost is around INR 16.90 lakhs. 9. IIM Visakhapatnam IIM Visakhapatnam, one of the most recent IIMs, is expanding quickly. The PGP and FPM (Fellow Programme in Management) are available. For Indian nationals, the PGP program's annual cost is around INR 18.20 lakhs. 10. Tiruchirappalli's IIM Trichy The management programs and emphasis on research at IIM Trichy are well-known. Both the PGP and FPM are offered. For Indian nationals, the PGP program's annual cost is around INR 19.50 lakhs. FAQs Which is the cheapest IIM? The cheapest IIM is IIM Sirmaur with its PGP course charging 11 lakhs per annum. Why IIM fee is high? IIM fees are high because their private bodies fund their institute primarily through tuition fees. They off highly popular because of their brilliant ROIs and advance programmes. The institutes offer quality education for MBA courses that are extremely sought after. It is one of the hardest universities to get admission to due to the rigorous admission process and intense competition. What are IIMs? The Indian Institutes of Management, commonly referred to as IIM, is a public business school owned by the central government of India. The IIMs offer several study courses like MBA Executive, doctoral, postgraduate, and undergraduate, as well as business administration-related additional courses

Did you know that actor Akshaye Khanna, Ram Charan, Vijay Menon, and entrepreneur Anand Mahindra - Chairman & MD, Mahindra Group, and writer Arundhati Roy have one thing in common? They all are famous alumni of The Lawrence School, Lovedale, Ooty. Although expensive, these schools are quite popular among the masses. Many of these schools offer day as well as boarding residential facilities and charge upwards of 14 lakhs/ annum. Let us see what makes them so expensive. Top 10 Schools in Ooty  These schools are counted among the best and are in the top category. Below is a small brief about their average fees and facilities that make them an excellent choice for your child’s education.  1. The Lawrence School “The Lawrence Asylum” was built in the year 1856 as a memorial to Major General Sir Henry Montgomery Lawrence, an ADC to Queen Victoria. Thereafter, it was established as a school in the year 1858 and handed over to the Government of India in May 1949.  It is a co-ed boarding school (Grade 5 up to Grade 12) affiliated with the CBSE board. Apart from offering Counseling and Career Development services, it also provides extra-curricular activities such as Horse riding, Art, needlework, Guitar classes, Dance, Piano, Sculpture and Pottery, Piano, Vocal Art, Yoga, etc. The campus is divided into Prep (Grades 5 & 6), Junior (Grades 7 & 8), and Senior (Grades 9 – 12) housing classrooms and dormitories. Average Fees: Upwards of 6 lakhs per annum Expensive Schools in Gwalior for Child Education Read More 2. The Nilgiris Matriculation Higher Secondary School (N.M.H.S.S) Established in the year 1979, N.M.H.S.S is the oldest matriculation school in the Nilgiris, situated at Lovedale. It is a day as well as a co-education boarding school and has classes from kindergarten to Grade 12. It boasts of smartboard-equipped classrooms and well-equipped science laboratories. It is affiliated with Tamil Nadu Matriculation (Grade 1 – 10) and Tamil Nadu State Board (Grade 11 & 12). Average Fees: Not Disclosed Expensive Schools in Dehradun Read More 3. St. Hildas School and Junior College Founded by the sisters of the Church Extension Association in 1895, the school is located at Nilgiris 300 feet above the lake. It is a day as well as a boarding school affiliated with ICSE/ ISC boards and State board CBSE and is a girls' school. However, they have introduced boys' schools from the academic year 2021-2022 and have classes from Grades 1 to 10. Music is an essential part of the school and it also provides music tuition for the same. Average Fees: Rs. 1,30,000 - 2,00,000 per annum. 4. The Blue Mountains School Founded in 1961 by the late F. G. Pearce, the institution was established under the F.G. Pearce Educational and Charitable Trust. He was a well-known educationist and a pioneer of the Indian Public-school Movement. It is a co-ed school open for classes from Pre-nursery to Grade 12 and affiliated with CISCE and CIE boards. It is a day cum boarding school. Co-curricular activities such as trekking, hiking, walking, field visits, etc. are conducted every weekend for students. Classes and workshops on Art, singing, needlecraft, woodwork, gardening, and cooking are conducted throughout the week. Classes are held twice a week for students interested in learning music, piano, guitar, and keyboard. Average Fees: Rs. 5,00,000 per annum Schools in Mussoorie for Child Education Read More 5. JSS International School Established in the year 1991, it is a co-educational day cum boarding school affiliated with CBSE and CIE boards catering to students from Grades 1 to 12. Along with games and sports, the school offers a variety of co-curricular activities such as Art, Dance, Musical band, Sculpture, Yoga, Karate, and Bhajan. They also offer coaching to students in tennis, football, cricket, basketball, volleyball and badminton. Activities such as nature walks, boating, and camping are conducted regularly. Students are also taken to visit wildlife sanctuaries like Madumalai in Tamil Nadu and Bandipur in Karnataka.  Average Fees: Not Disclosed 6. The Good Shepherd International School This school was established in the year 1977 and is a co-ed boarding school affiliated with ICSE/ IGCSE/ IB/ CAMBRIDGE/ ISC boards. The fee structure varies depending on the Grade and on the board you select. They also provide co-curricular activities like sports, games, Rifle shooting, Golf, Yoga, Athletics, etc. The school has a Library, Design Studio, Audio Visual Studio, Science labs, Math labs, Computer Center, etc. for its students. Beyond academics, they have the NASA Space Camp Programme, Model United Nations (GSMUN), Sea Cadet Corps, and much more.  Average Fees: For Grades 3 to 5 - 10 lakhs to 12 lakhs per annum For Grades 6 to 8 - 10 lakhs to 15 lakhs per annum For Grades 9 & 10 - 14 lakhs to 17 lakhs per annum For Grades 11 & 12 - 15 lakhs to 19 lakhs per annum 7. Hebron School Hebron School was established in 1899. It is a co-ed boarding school affiliated with the IGCSE/ Cambridge boards. Besides sports such as cricket, volleyball, basketball, tennis, table tennis, squash, and touch rugby, the school offers Visual and Creative Arts, Music and performances, Drama and productions, Tournaments, Library, Literature, and Debate. The school also conducts Spiritual activities for its students.  Average Fees: Rs. 4,00,000 up to Rs. 12,00,000 8. Woodside School Woodside is a day cum boarding school affiliated with the CBSE board. It caters to students from LKG to Grade 12. It offers sports activities as well as arts & Crafts, dance, Music, School band etc. Average Fees: For day scholars - Rs. 85,000 to Rs. 1,40,000 For boarding scholars - Rs. 2,50,000 to Rs. 2,85,000 9. Crescent Castle Public School Crescent Castle is also a co-ed school that offers day and boarding facilities. It is affiliated with the ICSE and ISC boards. This school has various cultural programs, performing Arts, trekking, excursions, etc. for its students.  Average Fees: Not Disclosed 10. Kendriya Vidyalaya Indunagar HPF A much-known name in the metro cities, Kendriya Vidyalaya is a co-ed day school having classes from Grades 1 to 12 affiliated with CBSE. The fee structure for all the Kendriya Vidyalaya schools remains the same. The school organizes various activities for the overall development of its students. Tuition Fees are exempted for girl students from Class 1 to 12.  Average Fees: Class 1 & 2 - Rs. 1500 (Per Quarter) Class 3 to 5 - Rs. 1800 Class 6 to 8 - Rs. 1800 Class 9 & 10 - Rs. 2400  Class 11 & 12 - Rs. 2850 (Commerce & Humanities) Rs. 3150 (Science) CBSE Schools in Ooty These are some of the best CBSE Schools in Ooty where you can send your children. CBSE is one of the most popular education boards in India. It offers holistic learning opportunities and the average fees for CBSE schools range between Rs. 85,000 to upwards of Rs. 6,00,000 per annum.  JSS International School - Avg Fees: Not Disclosed The Lawrence School - Avg Fees: Rs. 6,00,000 onwards The Blue Mountains School - Avg Fees: Rs. 5,00,000  Kotagiri Public School - Avg Fees: Not Disclosed  St Hildas Higher Secondary School - Avg Fees: Rs. 1,30,000 Hebron School - Avg Fees: Rs. 4,00,000  Kendriya Vidyalaya - Avg Fees: Rs. 3000  Woodside School- Avg Fees: Rs. 85,000 ICSE Schools in Ooty ICSE schools are also among the popular choices for parents for their child’s education. Here is a list of some of the popular ICSE Schools in Ooty.  The Good Shepherd International School: Avg Fees-Rs. 10,00,000 St Hildas Higher Secondary School: Avg Fees- Rs. 1,30,000 Crescent Castle Public School: Avg Fees-Not Disclosed  Brindavan Public School: Avg Fees-Not Disclosed International Community School: Avg Fees-Rs. 60,000 Riverside Public School: Avg Fees - Rs. 95,000 St Joseph’s College: Avg Fees- Rs. 1,30,000 The Laidlaw Memorial School and Junior College: Avg Fees-Not Disclosed IB Schools in Ooty The IB schools offer an education of international standards. The IB curriculum, though expensive, is still a perfect choice for your child because it focuses on learning that is applied and practical. It focuses on measuring students' knowledge and intelligence. The high costs involved in providing infrastructure to impart IB education prevent many schools from offering an IB curriculum. Only one school in Ooty offers the IB curriculum. https://www.youtube.com/watch?v=6jTgEWL5sXw&t=2 Boarding Schools in Ooty Boarding residential schools provide a healthy learning environment for your children. Apart from academics and co-curricular activities, it teaches the child to be independent and responsible. These schools offer some amazing activities as well. The Good Shepherd International School: Avg Fees -Rs. 10,00,000 Hebron School: Avg Fees-Rs. 4,00,000  The Lawrence School: Avg Fees-Rs. 6,00,000 The Blue Mountains School: Avg Fees -Rs. 5,00,000 Riverside Public School: Avg Fees -Rs. 1,00,000 The Laidlaw Memorial School: Avg Fees - Not Disclosed Brindavan Public School: Avg Fees - Not Disclosed Braeside School: Avg Fees - Not Disclosed St Hildas Higher Secondary School: Avg Fees - Rs. 1,30,000 FAQs Which is the most expensive school in Ooty? The most expensive school in Ooty is The Good Shepherd International School which has annual fees ranging from 10 – 16 lakhs. Keeping this amount in mind, it's best to start saving early on for your child’s future. Is Ooty expensive for child education? If you consider, on an average basis, Ooty is definitely expensive for your child’s education. However, with smart investment planning, especially with EduFund you can realize your dream early on. These are some of the most expensive schools in Ooty. Do you need help saving for these schools? Connect with EduFund savings experts and find out the best way to save and invest for your child’s future.

According to Money Control’s recent statistics, “education inflation in India rose by 10% from 2012-2021” It has disrupted the lives of parents and aspiring children to ensure ease of admission. The data shows that education costs rose above food and healthcare despite the hard-hitting pandemic. "IIT (Indian Institute of Technology)- all units in the country, doubled their fees by Rs. 90000 to Rs 2Lakh for all undergraduate courses in 2021." The worst figures are yet to blow the minds. According to the Economic Times, “parents will have to spend 1.5 crores on the child’s education.” To ensure parents do not struggle to meet the growing costs of raising a child, here are some ways to deal with rising college fees for your child!  https://www.youtube.com/watch?v=VvqzQx8kCpw Ways to deal with rising college fees for your child 1. Invest via SIPs SIPs are ideal if you wish to begin small in the market. In this, you can start by saving ₹5000 every month for ten years at 15% interest (assumed), and you can accumulate up to 7.93 lakhs for your child’s education. A SIP provides long-term gains and consistent savings. Continuously diversify your SIP investments in 2-4 equity-oriented mutual funds with a mix of large and mid-cap investments. Tap into equity-linked saving schemes to save for a child’s college fees and save on tax. The earlier you invest in SIP for a child’s education, you may reap more returns. Start Investing in Mutual Funds 2. Invest in US Stocks You can invest in US stocks from India in 2 ways, that is, Direct investments in stocks and Indirect investments in stocks through Mutual Funds In the case of Direct Investments, you can invest in stocks through an overseas trading account with a domestic broker or by creating an overseas trading account with an overseas broker. In the case of Indirect investments, you can invest in US stocks from India in the form of  Mutual Funds, or ETFs (Exchange Funds Transfer and Investing Applications. As per RBI guidelines under the Liberalized Revenue Scheme (LRS), one can invest up to 1.9 crores or 250000 dollars per year. Start Investing in US Stocks 3. Invest in PPF (Public Provident Fund) A PPF is a 15-year scheme that helps create a tax-free savings account for your child’s educational expenses. A guardian may withdraw some amount after 6 or 7 years of maturity. If your child wants, he too may contribute towards the fund after maturity. One can extend the account’s validity after maturity. Always remember, that PPF is a debt account. Hence, inflation blows might affect investments. The combined limit for the PPF account is 1.5 lakh per annum. Under Section 80C of the Income Tax Act, a PPF account with 1.5 lakh is eligible for tax benefits. One can leverage the use of interest and maturity amount tax exemptions. 4. Unit Linked Insurance Plan (ULIP)  Insurance companies provide ULIP with the flexibility to cover multiple investments under a single scheme for investors. With one policy, you can choose among high, medium, and low-risk investments. An investor can either choose a fixed sum or an investment premium. Evaluate the risk appetite and invest accordingly in the low, medium-, or high-risk investment options. In an unforeseen situation, investors can withdraw a sum after 5 years. The premiums offered are exempt from tax under section 80C. As per research, “A ULIP fund provides 10% returns on average.” For this, an investor must invest for 10 years in the ULIP funds. It is considered an ideal investment for a long-term child’s educational goals. 5. Fixed Deposit It is one of the safest options to eliminate the college fees blues regardless of inflation. Fixed Deposits provide guaranteed returns on investments. Always analyze the interest rates, yield, and interest compounding frequency from different providers before settling for one. The higher the interest rate you get on FD, the bigger the child education fund corpus. However, FD may not provide 10-15% returns, but it is a volatile-free debt instrument.  The current educational costs may vary significantly from future educational costs. EduFund eliminates the guessing game by providing a tangible view of investments through a trusted college calculator. The experts help design a personalized child education investment plan highlighting the guardian’s current income and future educational costs, hassle-free. FAQs What are some best ways to deal with college fees? While there is no one-size-fits-all solution, a few options can be explored depending on your monthly budget, your choice of college, and the stream your child wishes to pursue. Below are some of the best ways to deal with college fees.  Manage your Budget Creating a budget to manage your finances efficiently goes a long way in setting up a disciplined way of life. It helps in monitoring your spending, prioritizing essential expenses, and cutting down on unnecessary costs, thereby helping you save for your child’s education.  Invest Early Investing early on is a smart move as you get enough time to create a corpus of a substantial amount for your child’s education. This also saves you from borrowing money from relatives and taking on educational loans.  Invest in SIP (Small Investment Plan) Begin by investing small amounts in a smart investment plan. This will help you get comfortable with the idea of investing in education. A flexible investment plan is also a good option that allows you to increase your investment at a later stage.  Invest in US stocks You can invest in US stocks, either through Direct Investments or Indirect Investments.  Direct Investments allow you to invest in stocks through an overseas trading account with a domestic broker or by creating an overseas trading account with an overseas broker.  Through Indirect Investments, you can invest in US stocks from India in the form of Mutual Funds, or ETFs (Exchange Funds Transfer and Investing Applications).  Educational Loans An educational loan is also an option for those seeking to study abroad as well as for those who wish to educate their child in one of the expensive institutions in India. Edufund helps you in calculating your college costs along with living expenses providing you a transparent report of the expenses involved. Based on this, a suitable hassle-free loan option is provided.  Scholarship Programs Most educational institutions provide scholarships to students who excel in academics but are unable to bear the cost of expensive institutions. You can apply for the same after reading all the terms and conditions. The first step should be to avail yourself of a counseling session to deal with all the doubts and queries you may have. EduFund provides this first step in a very transparent and efficient manner. As mentioned above, solutions are provided based on your budget and requirements and you can choose the one that suits you the most. What is the best time to save for college fees? The best time to start investing would be as soon as you plan to have your child, or even earlier if possible. This helps in accumulating a decent amount by the time your child starts college. Having said that, it’s never too late to start investing. Begin your investment journey with right now! What are the 5 ways to save for college fees? Here are the 5 ways to save for college fees: Invest in SIPs (Small Investments Plans) Invest in US Stocks Invest in PPF (Public Provident Fund) Unit Linked Insurance Plan (ULIP) Fixed Deposit Why are college tuition costs rising so fast? There are several common factors which contribute to escalating tuition costs: Administrative costs: Many universities have seen significant growth in staff and expenses and investing in appropriate technology. Infrastructure costs: With growing competition, institutions need to keep adding or upgrading their existing infrastructure and facilities. Additional Services and Facilities: Additional services and facilities such as providing counselors, a robust medical service, and co-curricular activities such as sports, arts, trekking, excursions, etc. require additional manpower driving up costs for parents. Education inflation: Inflation that affects the general public also affects universities and institutions increasing operational costs. It increases the costs of studying and related education expenses. Technological costs: Technological advancement improves the overall education system, but it also drives up costs due to investment in infrastructure and equipment as well as in their usage training. Reduced Government Funding: The government can reduce its funding for several reasons and universities have to face the rising costs. It forces them to increase tuition costs to make up for the shortfall. What are the solutions to rising college tuition costs? Here are 2 solutions to the problem of rising college tuition costs:Invest in mutual funds: Mutual funds are the best way to beat the rising college tuition costs. They offer great returns and are often known to beat inflation. You can start an investment plan for your kid's future when they are in school and invest till they are off to college. Invest in US ETFs: Another way to beat college costs is US ETFs. They are great if you want to send your kid abroad to study. They can beat inflation, and rupee depreciation and they offer great returns in US dollars.

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

Money-saving tips for housewives are essential for effective budget management. With the right strategies, you can stretch your budget and maximize your resources. In this article, we'll explore various money-saving tips tailored to housewives. Additionally, we'll delve into the benefits of Post Office schemes, providing you with valuable insights on how to make the most of your savings. Discover practical advice to help you achieve financial stability and security.  Money Saving Tips for Housewives  Managing household finances effectively is a crucial task for any housewife. Whether you're a stay-at-home mom or managing the home front alongside your career, finding ways to save money can greatly benefit your family's financial stability. Here are some valuable money-saving tips tailored specifically for housewives: 1. Create a Household Budget  Start by putting together a thorough budget that lists all of your monthly revenue and outgoing costs. Sort your spending into categories to find places where you might make savings. Having a clear budget allows you to track your money and allocate resources more efficiently.  2. Plan Your Meals  Meal planning not only helps you provide nutritious meals for your family but also saves you money by reducing impulse grocery purchases and food waste. Create a weekly meal plan and make a shopping list to stick to when you visit the supermarket.  3. Buy in Bulk  Consider purchasing non-perishable items and household essentials in bulk to take advantage of discounts and reduce the frequency of shopping trips. Just be sure to check expiration dates and storage requirements.  4. Embrace DIY  Learning basic home repair and maintenance skills can save you substantial amounts of money over time. From fixing leaky faucets to sewing minor clothing repairs, these DIY skills can reduce the need for costly professional services.  5. Explore Second-Hand Shopping  Thrift stores, consignment shops, and online marketplaces offer a treasure trove of gently used items at a fraction of the cost of new ones. Consider buying second-hand clothing, furniture, and appliances to save on expenses.  6. Cut Down on Energy Usage  Establish energy-saving practices, including utilizing energy-efficient appliances, shutting off lights when not in use, and properly insulating your home. Lowering your energy bills not only saves money but also benefits the environment.  7. Comparison Shop  Before making any major purchases, research and compare prices from multiple retailers or online stores. Take advantage of sales, discounts, and cashback offers to secure the best deals.  8. Save on Transportation  Opt for carpooling, public transportation, or biking whenever possible to reduce fuel and maintenance costs. Properly maintaining your vehicle can also extend its lifespan and minimize repair expenses.  9. Create an Emergency Fund  Setting aside a section of your savings for emergencies could prevent you from going into debt when unexpected expenses arise, such as medical bills or home repairs.  10. Utilise Post Office Savings Schemes  Explore the various savings and investment options offered by the Post Office. These schemes, designed for individuals seeking safe and reliable investment avenues, can help your money grow over time.  By implementing these money-saving tips, housewives can contribute to their family's financial well-being while managing the household with confidence and efficiency. Remember that small changes in your spending habits can lead to significant savings over time, ultimately providing greater financial security for you and your loved ones.  Parenting Tips for Child Education Read More Post Office Savings Schemes: A Financial Lifeline for Housewives Housewives play a pivotal role in managing the household, often juggling a multitude of responsibilities. Amidst busy life, financial stability remains a critical concern. Fortunately, Post Office Savings Schemes provide a reliable and secure avenue for housewives to grow their savings and secure their family's future.  Understanding Post Office Savings Schemes  Post Office Savings Schemes are government-backed financial instruments offered by the Indian Postal Service, catering to the diverse financial needs of individuals, including housewives. These schemes are renowned for their safety, attractive interest rates, and accessibility, making them an excellent choice for those seeking to build wealth.  Popular Post Office Savings Schemes for Housewives  Post Office Savings Account: This is the most straightforward and accessible savings option. Housewives can open a Post Office Savings Account with a minimum deposit and benefit from competitive interest rates.  Public Provident Fund (PPF): It is a long-term investment scheme that offers tax benefits. Housewives can contribute regularly and build a substantial corpus over time.  Senior Citizens Savings Scheme (SCSS): While not exclusive to seniors, this scheme provides a higher interest rate and regular payouts, making it a suitable option for those seeking steady income.  Monthly Income Scheme (MIS): MIS offers a fixed monthly income, making it ideal for housewives looking for a regular source of funds to meet household expenses.  Sukanya Samriddhi Yojana (SSY): SSY is tailored for the girl child's future, allowing housewives to invest on behalf of their daughters and secure their education and marriage expenses.  Benefits of Post Office Savings Schemes for Housewives  Safety: These schemes are backed by the government, offering a high level of security for your investments.  Attractive Interest Rates: Post Office Savings Schemes typically offer competitive interest rates, ensuring your money grows steadily.  Flexibility: With a range of schemes to choose from, housewives can select the one that aligns best with their financial goals and risk tolerance.  Accessibility: Post Offices are widespread in India, making it easy for housewives to access these schemes, even in rural areas.  Tax Benefits: Some schemes, like the PPF, offer tax benefits under Section 80C of the Income Tax Act, helping housewives reduce their tax liabilities.  Tips for Housewives Using Post Office Savings Schemes  Set clear financial goals to determine which scheme suits your needs.  Regularly contribute to your chosen scheme to maximize returns.  Keep track of maturity dates to make informed decisions about reinvesting or withdrawing funds.  Consider diversifying your investments by combining multiple Post Office Savings Schemes to meet various financial objectives.  In conclusion, Post Office Savings Schemes are a financial boon for housewives, offering a safe and reliable way to save and invest their hard-earned money. By leveraging these schemes wisely, housewives can secure their family's financial future and enjoy peace of mind amid their myriad responsibilities.  Create Goals for Child Education Money Saving Tips for Indian Housewives  Managing finances can be a challenging task for Indian housewives, who often juggle multiple responsibilities while ensuring their family's well-being. Here are some unique money-saving tips tailored to the Indian context that can help housewives make the most of their resources:  1. Embrace Traditional Cooking Methods  Indian cuisine is rich and diverse, but it can also be expensive if you rely heavily on processed foods. Embrace traditional cooking methods like grinding spices at home, making your own yogurt, and preparing snacks from scratch. Not only will this save money, but it can also lead to healthier meals.  2. Practice Sustainable Living  Incorporate eco-friendly practices into your daily life. Reduce water wastage, segregate and recycle waste, and explore ways to reduce electricity consumption. Sustainable living not only benefits the environment but also lowers utility bills.  3. Grow Your Own Herbs and Vegetables  If you have some outdoor space or even a few pots and containers, consider growing your own herbs and vegetables. This not only reduces grocery expenses but also ensures fresh, chemical-free produce for your family.  4. Buy Seasonal and Local  Opt for seasonal fruits and vegetables, which are not only fresher but also more affordable. Additionally, support local farmers and markets to save money and promote sustainable agriculture.  5. Learn Basic Home Repairs  Basic home repair skills can save you a significant amount of money in the long run. From fixing leaky faucets to minor electrical repairs, knowing how to handle common household issues can prevent costly service calls.  6. Explore Government Schemes  India offers various government schemes aimed at supporting women, including housewives. Investigate programs related to financial assistance, skill development, and entrepreneurial opportunities that can boost your family's income.  7. Practice Mindful Shopping  Before making purchases, ask yourself whether you truly need the item. Avoid impulsive shopping and take advantage of sales and discounts. Additionally, consider shopping online, where you can often find better deals and cashback offers.  8. Invest Wisely  While saving is essential, consider investing your savings in financial instruments like fixed deposits, mutual funds, or government savings schemes to grow your wealth over time. To make wise selections, seek the advice of a financial expert.  9. Share Resources with Neighbours  Forming a cooperative or sharing resources with neighbors, such as carpooling for school runs or buying groceries in bulk, can lead to significant cost savings for everyone involved.  10. Teach Financial Literacy  Teach your family members about financial literacy, especially the younger members. Instil the value of money, budgeting, and saving from an early age to ensure responsible financial habits in the future.  Incorporating these unique money-saving tips into your daily life can help Indian housewives navigate their financial responsibilities more effectively. By being resourceful and adopting sustainable practices, you can contribute to your family's financial well-being and long-term prosperity.  Talk To An Expert FAQs What is the 30-day rule? The 30-day rule is a budgeting strategy that involves waiting for 30 days (about 4 and a half weeks) before making a non-essential purchase. If after a month you still want or need the item, you can buy it. This rule helps prevent impulse buying and allows for more thoughtful spending decisions. What is the 50-30-20 rule? The 50-30-20 rule is a popular budgeting guideline. It suggests allocating 50% of your income to necessities (like housing and utilities), 30% to discretionary spending (like entertainment), and 20% to savings or debt repayment. It provides a simple framework for managing your finances effectively. What is the 90-day rule? In finance, the 90-day rule refers to a strategy used in budgeting and financial planning. It involves evaluating your financial decisions and commitments over a 90-day period before making significant investments or purchases. This timeframe allows individuals to assess their cash flow, expenses, and potential financial risks more comprehensively. By adopting the 90-day rule, one can make more informed and deliberate financial choices, ultimately leading to better fiscal stability and reduced impulsive spending.

Introduction The rising cost of education is a cause of concern for parents as everyone can't afford the hefty fee structure.  Parents should look to start saving for their child’s education, especially for college and higher studies from an early age. It helps to lower the monetary burden considerably. Education fees are like any other necessary expenses that last for a considerable time, hence, parents have to prepare for them with a proper plan. College education expenses are going to be massive and the sooner a parent starts planning, saving, and investing the chance of a better future becomes more feasible. One of the best ways to do so is through regular SIPs as it will help reduce any monetary hassles during college. What is a SIP? SIP or the Systematic Investment Plan refers to the investment tool associated with various mutual funds. SIP allows investors to invest money periodically for a long period.  Additional read: How SIP Calculator Works? What should parents do for their child’s college? Parents can explore the SIP option as it is a tried and tested method of saving for a child’s college. Financial independence will help your child to get a college education without the hassle of arranging for appropriate funds. Research the funds that are performing well for a longer time and shortlist the names that show good potential. It is important to start investing in SIP as early as possible as it will give you a longer window to save more. When parents start investing early then they have a long time in hand. For example, if Mr. Sharma has been investing in his child's education for 10 years then his investment amount will be lower with greater returns as compared to Mr. Pascal who may have invested for only six years. A more extended period means less investment and more returns. Create a rough layout of the child’s future regarding education, especially college fees as it is very expensive. Invest in mutual funds that have a diversified portfolio to reduce the risk of losing money all at once. Take the help of experts in the EduFund App to make wiser and safer investment decisions.  Consider the additional expenses the child will need besides the tuition fees and save accordingly. Tax-saving benefits are attached to several mutual fund schemes that can help parents save a considerable amount through tax exemptions. Why is SIP beneficial for saving for your child’s college and future? SIPs are based on the compounding theory and prove more advantageous at the end of a specific period. The interest rates are calculated and added based on compound interest which brings forth a better investment return than simple interest.  SIPs help parents become disciplined and regular investors who are fully involved in their child’s future. In this era, where everyone is so busy, SIPs are very easy to handle. Investors are allotted units every month based on the NAV at the time of their SIP. The amount is automatically deducted from the account of the investor. SIP helps to gain control of the finances as it is possible to start or stop a SIP at a time. It helps investors to earn greater returns compared to other investment opportunities like fixed deposits. It is possible to start an SIP investment with as low as INR 100 per month, hence anyone willing to invest in their child’s future can do so easily.  Some SIPs like ELSS funds have tax benefits, hence it is doubly advantageous for the investors to invest in such schemes. Numerous asset management houses offer SIP options to meet even the minimum criteria of an investor. The most important benefit of a SIP for regular investors is that they can buy mutual fund units at different prices. The average investment premium is much lower compared to other investments. Best SIP Mutual Funds to Invest in Read More FAQsIs SIP good for college students?  Systematic Investment Plans (SIPs) can be a good investment option for college students who want to start building wealth and saving for future goals. SIPs let you invest small amounts regularly, which can help inculcate a savings habit.  How much should I invest in a SIP for my child's education?  The amount you should invest in a SIP for your child's education depends on several factors, including the future cost of education, the time horizon until your child starts college and your financial capacity. It's wise to consult a financial advisor to determine an appropriate investment amount.  Is SIP safe for students?  SIPs are considered a relatively safe investment option, especially when investing in mutual funds. However, like all investments, they come with some level of risk. It's essential to choose SIPs that align with your risk tolerance and financial goals. The risk might be reduced by varying your investments.  What is the best investment for child education?  The best investment for child education varies depending on your financial goals and risk tolerance. Common options include SIPs in mutual funds, education savings accounts, fixed deposits, and dedicated education plans. It's crucial to consider factors like the time horizon, expected returns, and risk before choosing an investment option. Diversifying your investments can also be a prudent strategy. Consulting a financial advisor is recommended for personalised guidance.  Conclusion Doesn’t SIP sound like a good investment tool to save for your child’s education? It is one of the best and the most preferred options by parents all over the world.  The Edufund App helps Indian parents plan and save for their children’s education easily and effectively. Parents can calculate the future costs of college and save towards their goals in mutual funds with the help of the SIP Calculator available. The SEBI registered investment advisor also has financial experts to guide parents in choosing suitable savings plans. Investors can choose from 4000+ mutual funds, US stocks, and digital gold, speak to experts, and enjoy tax benefits while saving for their child’s education. TALK TO AN EXPERT

The Rhodes Scholarship for Oxford University is one of the most revered scholarship programs in the world. The visionary project helps outstanding students with academic excellence to undertake postgraduate and Ph.D. study courses at Oxford University. The world-renowned Rhodes scholarship program includes study courses in several fields like social science, humanities, advanced computer science, physical science, mathematics, life science, etc. It is a golden chance for students to pursue a degree to their heart’s content without the headache of funding. Rhodes scholarship program Rhodes scholarship is offered to students who show signs of intellectual distinction. The prestigious program is a fully-funded award that enables students from all over the world to study postgraduate and Ph.D. programs at Oxford University. The Rhodes Scholarship for Oxford University is offered for two years. The duration of the scholarship is usually extended to meet the demand of the course duration. “But what advantages does the scholarship program entail?” Read on to find out. Apply for Scholarship Rhodes scholarship rewards The scholarship rewards include: Course fees or university fees An annual stipend that is offered to international students for managing travel expenses and accommodation expenses Cost of a Tier-4 study visa  Health insurance or the associated HIS or International Health Surcharge Covers the admission application fees after the student’s selection at the university Two flight tickets of economy class to and from the UK The students are offered settling-in-allowance  The students who want to transition to some other course at the university do not have to fear the process as it is the Rhodes Trust that takes total responsibility for further visa renewal and IHS application Important facts about the Rhodes Scholarship for Oxford University The exclusive program is open to only 100 students who want to study in the UK.  The scholarship application form is available on the official website of Rhodes Trust.  The selection criteria are purely based on academic performance and the interview process. For the year 2023, the application dates were from 1st June 2022 to 2nd August 2022. What qualifies you as an ideal candidate for a Scholarship? Read More Eligibility criteria for entering the Rhodes Scholarship program Students should always check the eligibility criteria before applying for the scholarship program. It is available only to those international students who are arriving in the UK for the first time to study.  Due to the limited number of scholarships offered, the eligibility criteria for this program are very stringent. The applicant must take into consideration the following factors: The student has to be a citizen of his home country for instance an Indian living for the last few years in Bhutan is not eligible for the Rhodes Scholarship. On the other hand, an Indian student who is residing in any part of India holding Indian citizenship is eligible to apply for the said program. Students must have a valid passport as they have to submit proof of citizenship while applying for the Rhodes Scholarship at Oxford University. The student must have a formal degree from a recognized board of study and a first-class undergraduate degree.  At the time of submitting their application, the student should be 26 years or less of age. Students must submit two letters of recommendation from the last faculties with remarks on their academic performance. The scholarship program is merit-based, no doubt but, it gives ample credence to students who have made a favorable impact on society through their positive efforts. Applicants who possess value-based and positive soft skills like benevolence and leadership have a better chance of a scholarship. Additional read: Fulbright scholarship program Is the Rhodes scholarship enough to meet the needs of a student?  “Is the Rhodes Scholarship enough to cover your child’s Oxford education?” is one of the most common queries that floats around students who are interested in attending Oxford University. There are only 100 scholarships available and the number of students from various countries is already fixed. For instance, only five students from India are eligible to become a part of the university campus through Rhodes Trust. The current scholarship amount is $20,883, which amounts to INR 15,57,923 annually. It is renewed yearly in a hassle-free manner through the trust. The stipend offered to international students amounts to GBP 15,900 per annum or GBP 1,325 per month. As the Rhodes Scholarship for Oxford University is a fully-funded program it proves enough to meet the needs of the scholarship students. The program generally covers all the viable expenses that the students will incur during their stay at the university. FAQsWho is eligible for the Rhodes Scholarship?  Eligibility for the Rhodes Scholarship varies by country, but generally, candidates should be exceptional students or recent graduates with strong academic records, leadership qualities, and a commitment to making a positive impact on the world.   What is the Rhodes Scholarship for Indian students?  The Rhodes Scholarship for Indian students is a prestigious international scholarship that allows outstanding Indian students to study at the University of Oxford in the United Kingdom. It pays for tuition, living expenses, and travel expenses.  Can an Indian apply for the Rhodes Scholarship?  Yes, Indian citizens are eligible to apply for the Rhodes Scholarship, provided they meet the criteria and qualifications set by the Rhodes Trust. India is one of the eligible countries for this scholarship.  Is the Rhodes Scholarship tough?  Yes, the Rhodes Scholarship is highly competitive and challenging to obtain. It requires excellent academic credentials, strong leadership skills, a well-defined purpose, and a commitment to public service. The selection process is rigorous, making it a tough scholarship to secure.  Conclusion The merit-based Rhodes Scholarship for Oxford University has managed to leave a positive mark in the international arena.  The college-specific degree helps outstanding students gain experience in studying post-graduate courses and Ph.D. programs at such an august institute without the burden of hefty fees. Think the competition for the Rhodes Scholarship Program may become a massive hurdle in financing your child’s education? Fret not because EduFund is here. Explore many saving options with us and start planning for your child’s education in advance. TALK TO AN EXPERT