Foreign Education: Are you dreaming of studying abroad? Or are you planning to send your child to a top university overseas? If so, one of your biggest questions might be:
How much will it cost? From tuition fees to living expenses, visa costs, and required documentation, here’s a detailed look at what it will take financially to study in the top study destinations.
United States (USA)
The USA is known to be one of the most expensive countries for education.
Tuition Fees: ₹20 lakh to ₹45 lakh
Accommodation: ₹5 lakh to ₹14 lakh
Living Expenses: ₹8 lakh to ₹19 lakh
Visa Fees: ₹42,000
Total Cost (Per Year): ₹33 lakh to ₹78 lakh
United Kingdom (UK)
Studying in the UK can also be costly, especially in cities like London.
Tuition Fees: ₹10 lakh to ₹40 lakh
Accommodation: ₹6 lakh to ₹12 lakh
Living Expenses: ₹7 lakh to ₹15 lakh
Visa Fees: ₹52,000
Proof of Funds: ₹19.5 lakh (London), ₹13 lakh (outside London)
Total Cost (Per Year): ₹27.5 lakh to ₹67.5 lakh
Canada
Canada is relatively affordable compared to the USA and UK.
Tuition Fees: ₹6 lakh to ₹25 lakh
Accommodation: ₹4 lakh to ₹10 lakh
Living Expenses: ₹7 lakh to ₹15 lakh
Visa Fees: ₹9,700
Proof of Funds: ₹12.5 lakh
Total Cost (Per Year): Up to ₹29 lakh
Australia
Australia offers a range of options but can still be on the expensive side.
Tuition Fees: ₹12 lakh to ₹33 lakh
Accommodation: ₹4 lakh to ₹12 lakh
Living Expenses: ₹8 lakh to ₹15 lakh
Visa Fees: ₹38,500
Proof of Funds: ₹13.7 lakh
Total Cost (Per Year): ₹37 lakh to ₹73 lakh
Germany
Germany is one of the most affordable countries, especially for public university students.
Tuition Fees: ₹3 lakh (public) to ₹16 lakh (private)
Accommodation: ₹3 lakh to ₹7 lakh
Living Expenses: ₹9 lakh to ₹12 lakh
Visa Fees: ₹6,700
Proof of Funds: ₹10.3 lakh
Total Cost (Per Year): ₹25 lakh to ₹45 lakh
Final Thoughts
Studying abroad is a major financial commitment. It’s important to plan well in advance based on the country and course you’re aiming for.
With proper planning, you can reduce stress and focus more on learning and growing in a new environment.