Cheapest Countries to Study Abroad: An Important Guide

There are two main factors that determine the Cheapest Countries to Study Abroad. The first being the amount of money they would have to spend on tuition fees and the second, the living costs in the country. These two aspects are closely governed by several features that directly influence living costs and tuition fees of the student.

In this article, let us look at:

1. Tuition Fee
2. Living Costs
3. List of Cheapest Countries to Study Abroad

1. Tuition Fee

Tuition fees for government-funded institutions are much lesser than private universities. There are a number of scholarships and grants available for students to apply, which would significantly reduce their studying expenses. Below is a comprehensive table that shows the average first-year cost of studying in that particular country, for the benefit of the students planning to study abroad.

Countries	MBA	MS	BE/BTech
USA	21.41	16.99	19.88
Canada	13.58L	10.20	11.50
Australia	17.30L	18.12	14.35
UK	16.63	14.51	14.38
Germany	9.03L	01.58	02.36
Singapore	20.08	17.04	12.05
New Zealand	11.42	13.06	10.78
Netherlands	13.82	12.03	07.43
Ireland	12.32	11.86	10.98
France	13.97	11.26	03.25
Sweden	NA	10.67	09.17

2. Living Costs

The living expenses generally include accommodation costs, room, and boarding, food, travel, and entertainment. Other expenses that are taken into consideration under living expenses include, travel expenses between India and the country of choice during vacation time; large purchases, such as PC, furniture, or even a rental car; medical expenses not covered by health insurance, e.g. dental care, eye care, cosmetic treatments; social outings; weekend trips and personal and variable expenses. Keeping these factors in mind, we have gathered an all-inclusive average living expenses index for students wanting to travel abroad.

Country	Living Expenses (in lakhs)
USA	8.0
Canada	5.5
Australia	10.30
United Kingdom	10.2 (within London)8.2 (outside London)
Germany	7.0
Singapore	8.0
New Zealand	7.5
Netherlands	8.0
Ireland	8.2
France	7.0
Sweden	8.0

3. List of Cheapest Countries to Study Abroad

Read the following to find out the top destinations and colleges and course preferences for every country which are a major favorite among Indian students traveling abroad for higher education:

Countries	Universities	Cities	Courses
United States of America	Princeton University, Harvard University, Yale University, Columbia University Stanford University	BostonNew YorkCambridgeOld SaybrookNew Haven	Business Management, Computer Science, Finance and Accounting, Economics, Communications/Media
Canada	McGill University The University of British Columbia university of AlbertaSimon Fraser University	TorontoBritishColumbiaMontreal.	Business Management, Media, Engineering, Computer Science, Hospitality.
United Kingdom	The University of Cambridge, University of Oxford, London School of EconomicsImperial College London, University of Durham	Cambridge, Oxford Manchester	Sociology and Social Studies,LawBusiness Management, Computer Science Communications/Media.
Australia	The Australian National University The University of New South Wales The University of Melbourne University of Western Sydney Monash University.	Sydney Canberra Brisbane Melbourne Perth	AccountingMaster of Business Administration (MBA), Health Care, Information TechnologyHotel Management
New Zealand	University of Auckland, University of Otago, University of Canterbury, Victoria University of WellingtonMassey University	Wellington, ChristchurchHamilton Napier-Hastings	EngineeringBusiness Studies, IT/ComputingTourism & Hotel ManagementVisual Communications
Singapore	Nanyang Technological University (NTU)National University of Singapore (NUS) Singapore University of Technology and Design (SUTD)Singapore Management University (SMU)	–	International Baccalaureate (IB) DiplomaInformation Technology, Management Finance/Accounting Engineering
Germany	Heidelberg University, Technical University of MunichFree University of Berlin, Ludwig Maximilian University of Munich Humboldt University of Berlin	Munich Baden-Wurttemberg Frankfurt Heidelberg	EngineeringBusiness Studies, IT/ComputingTourism & Hotel ManagementVisual Communications
France	Ecole Normale SuperieureEcole Polytechnique Pierre-and-Marie-Curie University	NiceParisLyon, Grenoble Orleans	Space and Aviation teachingEngineeringBusiness StudiesArtHistoryTourism and Hotel Management
Netherlands	University of Amsterdam Delft University of TechnologyUtrecht UniversityLeiden University	Wageningen‎, Groningen Leiden Maastricht Nijmegen	Space and Aviation teachingEngineeringBusiness StudiesArtHistoryTourism and Hotel Management
Ireland	Trinity CollegeNational College of IrelandUniversity College Dublin, Griffith CollegeNational University of Ireland GalwayWaterford Institute of Technology, etc.	Dublin, Limerick Galway	Language and LiteratureBusiness Studies, Medical courses, NursingSocial science

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