Explore our detailed analysis of study abroad costs, covering tuition, living expenses, and more in top destinations like the UK, Canada, USA, and Germany
If you think studying abroad is only a distant dream that’s hard to afford, then worry not. Scholarships and funding can help you fulfil this dream and help you craft your career just as you want. However, knowing the cost of living and studying in foreign countries is essential for all aspirants.
In this blog, we’ll provide you with an up-to-date analysis of the estimated cost, helping you make informed decisions. From tuition fees to accommodation, daily expenses to additional costs, we'll break down the expenses to give you a comprehensive understanding.
Use the Global Education Cost Calculator
The prices associated with study abroad programmes and the kinds and quantities of financial aid your home university offers create a lot of fuss about how much you have to spend when you are aiming to study abroad. Would it be easy to calculate how much studying abroad costs? The Azent calculator will give you a rough estimate of the expenses of your dream of studying abroad.
This calculator helps students unlock the actual cost of living and studying in different countries through an interactive quiz. For example, you need to choose your target country, desired course, accommodation preference, meals and commute choice, and favourite activities. After completing the quiz, you must register with your personal information to receive customised insights tailored to your unique choices.
Most Affordable Countries to Study Abroad
The most affordable countries to study abroad are European nations, and Germany is on top as it has many options for scholarships and fee waivers. Other than this, Canada also has cost-effective programs. This country also has an easy PR opportunity, and because of this, it is always on the radar of students to get student visas from Canada.
The countries where living is a little expensive on a student visa are the UK and the USA, but once you know how to manage your expenses, you will easily sustain yourself in these rich countries.
Explore and Study in the UK
The UK offers a unique blend of academic excellence, quality of education and work opportunities. With four out of the top 10 universities globally based in the UK, students can benefit from practical and utility-based knowledge, shorter course durations and the ability to work part-time or full-time during semester breaks.
The UK's proximity to major European countries and access to free medical treatment through the National Health Service (NHS) further enhances the learning experience.
| Factors | Average Cost (Pounds) | Average cost (Rupees) |
|---|---|---|
| Tuition Fee | 11,400 per annum | 9.7 lakh per annum |
| Accommodation | 500 to 700 per month | 42,500-60,000 per month |
| Food, groceries | 100 to 200 per month | 8,500 to 17,000 per month |
| Transportation | 30 to 40 per month | 2,500 to 3,400 per month |
| Household Bills | 40 to 50 per month | 3,400 to 4,200 per month |
| Miscellaneous | 200 to 300 per month | 17,000 to 25,500 per month |
Affordable Study in Canada
Canadian universities offer high-quality education, numerous research opportunities and affordable tuition fees. Canada ranks 15th on the World Intellectual Property Organization's Global Innovation Index and 57th on the Universitas 2019 U21 National Higher Education Systems Ranking.
In Canada, you can enjoy multiculturalism. Canada is safe and peaceful, with students enjoying the same rights as Canadians.
| Factors | Average Cost (CAD) | Average cost (Rupees) |
|---|---|---|
| Tuition Fees | 35,000 per annum | 18,84,000 per annum |
| Flight Expense | 1,600 per flight | 97,500 |
| Study Permit Fees | 200 | 11,000 |
| Work Permit Fees | 210 | 11,500 |
| IELTS Fees | – | 14,700 |
| Accommodation | 5,000 to 10,000 | 2.7 lakh to 5.4 lakh per annum |
| Travel Costs | 80 to 110 per month | 4,800 to 6,700 per month |
| Health Insurance | 300 to 800 | 18,200 to 48,800 per month |
| Food | 300 to 400 | 18,200 to 24,400 |
Premium Education in the USA
Studying in the USA provides many benefits for international students. This includes real-world working experience, better career prospects, cutting-edge facilities and multicultural experiences. Azent Overseas Education has a long history of helping thousands of students to fulfil their dream of studying in the USA.
Some of the world's best universities, such as the University of California, offer programs that equip students with the knowledge, skills and experiences needed for their dream careers. The USA is a very competitive country as students globally want to get a premium education from this developed country.
The US provides a broad liberal arts curriculum and flexible teaching styles, allowing students to find a school that fits their learning style and objectives. Cultural diversity is a crucial reason international students study in the US, as it provides exposure to global cultures and opportunities to make friends worldwide.
| Factors | Average Cost (USD) | Average Cost (Rupees) |
|---|---|---|
| Tuition Fees | 50,000 per annum | 40 lakh per annum |
| Study Visa Fees | 510 | 40,000 |
| Accommodation | 9,800 to 11,100 per year | 8 lakh to 9 lakh per year |
| Health Insurance | 500 to 1,000 annually | 27,500 to 55,000 |
| Food | 150 to 200 per month | 8,200 to 11,000 per month |
Get the Best Experience of Studying Abroad in Germany
Germany offers numerous degree programs, from engineering and medicine to pharmacy and research. This European country is recognised globally for its top-notch study programs. With flexible and customisable options, international students can choose from a wide range of subjects and specialise in their area of interest.
The cost of living is affordable, with intelligent budgeting and lifestyle changes. Many international students hold part-time jobs, providing work experience and increasing future job prospects. Germany's rich cultural and historical heritage further enhances its appeal to international students.
| Factors | Average Cost (Euros) | Average Cost (Rupees) |
|---|---|---|
| Tuition Fees | 3,000 per year | 2.5 lakh per year |
| Study Visa Fees | 75 | 6,300 |
| Accommodation | 250 to 750 per month | 21,200 to 64,000 per month |
| Health Insurance | 105 to 111per month | 9,000 to 9,400 per month |
| Transportation | 30 to 90 per month | 2,500 to 7,600 per month |
| Food | 50 to 150 per month | 4,200 to 12,800 per month |
Summing Up
Studying abroad comes with many challenges, from living away from family to the hefty amount required when you want to study overseas. Even if you get funding or a scholarship, miscellaneous expenses must be calculated before planning your journey to explore abroad. Azent can make your work much more accessible by determining a rough estimate of your expenses when considering studying abroad in your desired country.