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.

CountriesMBAMSBE/BTech
USA21.4116.9919.88
Canada13.58L10.2011.50
Australia17.30L18.1214.35
UK16.6314.5114.38
Germany9.03L01.5802.36
Singapore20.0817.0412.05
New Zealand11.4213.0610.78
Netherlands13.8212.0307.43
Ireland12.3211.8610.98
France13.9711.2603.25
SwedenNA10.6709.17

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.

CountryLiving Expenses (in lakhs)
USA8.0
Canada5.5
Australia10.30
United Kingdom10.2 (within London)8.2 (outside London)
Germany7.0
Singapore8.0
New Zealand7.5
Netherlands8.0
Ireland8.2
France7.0
Sweden8.0

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:

CountriesUniversitiesCitiesCourses


United States of America
Princeton University, Harvard University, Yale University, Columbia University Stanford UniversityBostonNew YorkCambridgeOld SaybrookNew HavenBusiness Management, Computer Science, Finance and Accounting, Economics, Communications/Media


Canada
McGill University The University of British Columbia university of AlbertaSimon Fraser UniversityTorontoBritishColumbiaMontreal.Business Management, Media, Engineering, Computer Science, Hospitality.


United Kingdom
The University of Cambridge, University of Oxford, London School of EconomicsImperial College London, University of DurhamCambridge, Oxford ManchesterSociology 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 PerthAccountingMaster of Business Administration (MBA), Health Care, Information TechnologyHotel Management 


New Zealand
University of Auckland, University of Otago, University of Canterbury, Victoria University of WellingtonMassey UniversityWellington, ChristchurchHamilton Napier-HastingsEngineeringBusiness 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 BerlinMunich Baden-Wurttemberg Frankfurt HeidelbergEngineeringBusiness Studies, IT/ComputingTourism & Hotel ManagementVisual Communications



France
Ecole Normale SuperieureEcole Polytechnique Pierre-and-Marie-Curie UniversityNiceParisLyon, Grenoble OrleansSpace and Aviation teachingEngineeringBusiness StudiesArtHistoryTourism and Hotel Management


Netherlands
University of Amsterdam Delft University of TechnologyUtrecht UniversityLeiden UniversityWageningen‎, Groningen Leiden Maastricht NijmegenSpace 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 GalwayLanguage and LiteratureBusiness Studies, Medical courses, NursingSocial science

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