That’s great you’ve decided to study abroad and explore the world! Now let’s get you started with a list of estimates so you know where all you would need to spend that money. Our guide will help you plan your budget and manage your finances with ease, without having to worry at all. And yes, we’ve covered basic all expenses like accommodation, food, health coverage, communication and travel as well!

1. Tuition fee is your primary expense

This is the most important and major chunk of your study abroad expenses and depends on the type of qualification and institution you opt for. Here’s a quick overview of the tuition fee for different programs in our top destinations.

 *Please note all fee figures are indicative

You can always apply for various scholarships available for Indian students to bring down your educational expenses when studying abroad.

2. Where will you stay?

You can choose from on-campus residence facilities if your institution offers one, else off-campus accommodation options include sharing apartments with fellow from India. Remember, the rentals vary from city to city.
You can explore more about the accommodation options available to you with your counsellor.

3. Calculate student visa cost

Every country has its own set of rules and costs when it comes to visa. Speak with your counsellor about for dedicated student visa assistance.

Here’s an indicative list of visa costs for the top destinations:

4. Don’t ignore your living expenses

When you stay in a new country, you’ll have to adapt to its culture and ways of living, and this sometimes comes with a cost. Keep some money aside for your everyday expenses, grocery, communication (data and calling) expenses, stationery, utilities, social activities and emergency situations. Do keep a track of your expenditures to manage your budget well.

For instance, a single international student’s annual budget is approximately indicated as AUD 9600 to 19,200 for Australia, CAD 15,000 for Canada and NZD 13,000 to 16,000for New Zealand.

5. Health support is important

Make sure you have a medical insurance before your program starts, it is mandatory for all students travelling abroad! For instance, the average cost for medical insurance in Canada ranges between CAD 300- CAD 800 a year (indicative).

Just know that as an international student from India, you will have access to extensive health and support services in every destination. Your counsellor will help you with the health insurance that is right for you.

6. You’ll have to commute

Enquire if your institution provides with a shuttle service. If not, you’ll have to rely on the available public transport.

Locally, you can make use of regional trains, buses, and subways, the schedule of which is available on the web or government listings. It is a good idea to get monthly passes for commuting to college as they come in fairly cheap.

7. When you earn, you pay taxes

Indian students studying abroad are allowed to work for few hours every week (approx. 20 hrs) during academic sessions and full-time during vacations. Remember, when you earn, you’ll be liable to pay taxes as well. Do ensure if your visa conditions permit working, and check with your counsellor about such opportunities.

Do consider the exchange rate variations as they may also affect your budgeting. It is a wise idea to look for a part time job or seek scholarships to lower your cost of studying abroad.