Cost of studying in popular foreign countries
It is every parents dream to ensure that their children get the possible education – some even start planning and saving for it since the day their kids are born. However, higher education is an expensive affair, especially if you want to send your child to a foreign university. Other than the tuition fees, you will also need to factor in the cost of living. These can vary from country to country and city to city as well. It is important that you factor in both heads of expenses while chalking out your budget.
Here is a look at how much it costs to study in six top destinations.
1. United States of America Tuition Fees
Varies drastically across public and private colleges. Rs 25–30 lakh in a private college, Rs 15–23 lakh in a public college
Cost of living
Average cost of living is Rs 75,000 a month. Living on the east coast is cheaper than on the west coast.
Total annual cost: Rs 34 lakh
Tuition Fees: Rs 25 lakh
Cost of living: Rs 9 lakh
2. Australia
Tuition Fees
Rs 10-16 lakh for an undergraduate course
Rs 12–18 lakh for a postgraduate course
Cost of living
Prescribed cost as per visa requirement is Rs 86,000 a month. Varies across cities. For example, difference in living cost between Sydney and Canberra is around Rs 17,000 per month.
Total annual cost: Rs 25 lakh
Tuition Fees: Rs 15 lakh
Cost of Living: Rs 10 lakh
3. United Kingdom
Tuition Fees
Fees ranges from Rs 8 lakh to Rs 18 lakh.
Cost of Living
Prescribed cost as per visa requirement is Rs 1.1 lakh a month for London and Rs 91,000 a month outside London.
Total annual cost: Rs 25 lakh
Tuition fees: Rs 13 lakh
Cost of living: Rs 12 lakh
4. Germany
Tuition Fees
No fees in public universities. Some universities charge a nominal social contribution fee of about Rs 40,000 per year.
Cost of living
Rs 54,000 a month in big cities like Munich and Berlin. It can come down to Rs 42,000 if you live in college dorms instead of private accommodation. In smaller cities like Freiburg, Leipzig and Hannover, living cost is about Rs 42,000 a month.
Total annual cost: Rs 5.4 lakh
Tuition fees: Rs 40,000
Cost of living: Rs 5 lakh
5. Canada
Tuition fees
Rs 10-15 lakh for an undergraduate course
Rs 8-20 lakh for a postgraduate course
Cost of living
The prescribed living expense as per the visa requirement is Rs 57,000 per month.
Total annual cost: Rs 19.8 lakh
Tuition fees: Rs 13 lakh
Cost of living: Rs 6.8 lakh
6. Singapore
Tuition fees
Rs 5–13 lakh for an undergraduate course
Rs 10–25 lakh for a postgraduate course
Cost of living
Living expense for a student is upto Rs 50,000 per month.
Total annual cost: Rs 18 lakh
Tuition fees: Rs 12 lakh
Cost of living: Rs 6 lakh
All tuition fee are per year
Source: TOP UNIVERSITIES.COM, UNISTRIDE, NUMBEO.COM AND OVERSEAS STUDENT COUNCIL WEBSITES OF THE COUNTRIES LISTED
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