After earning degrees from foreign universities, career opportunities could indeed be endless. But before reaching that level, enrolling in a foreign university is a crucial first step. If you see the various reports, there is a big gap between the number of aspirants who dream of studying abroad and those who actually get admitted. The main reason for fall is the cost involved.

However, those who are truly determined to pursue higher education abroad will overcome any obstacles in their way. Also, there is this common belief going around that the expensive study destination provides quality education. But there are other economically strong destinations as well that offer excellent education and are more affordable. In this article, we will explore such study destinations and list various funding options, including scholarships and education loan to study abroad.

Top 5 Affordable Higher Education Destinations

Here are the top 5 affordable higher education destinations along with details on the cost of studying and living expenses,

1. Germany

Germany is a popular destination for international students which is known for its high-quality education system and a rich cultural experience. The country is a mecca for excellence in engineering, technology, and research. Over the years, Germany’s universities consistently rank among the best in the world.

Cost to Study in Germany: Relatively low, especially at public universities. However, living expenses can vary depending on the city and lifestyle. On average, students can expect to spend around €700-€1,000 per month on accommodation, food, and other living costs.

2. Italy

Italy is not only known for its stunning architecture, art, and cuisine but also for its excellent higher education system. With a rich academic tradition dating back centuries, Italian universities offer a wide range of programs, from design and fashion to engineering and business.

Cost to Study in Italy: Tuition fees in Italy can range from €8000 to €20,000 per year for both undergraduate and post-graduate programs. Living expenses in major cities like Rome and Milan can be higher, but students can expect to spend around €700-€1,200 per month.

3. France

When it comes to higher education, you could say viva la France meaning Long Live France! Because the country is known to boast some of the world’s most prestigious universities and institutions, such as the Sorbonne and École Polytechnique. With a strong emphasis on academics and research, France offers a diverse range of programs across various disciplines.

Cost to Study in France: The country is relatively affordable and tuition fees could range from €150 to €700 per year for most programs. However, living expenses in cities like Paris can be higher, with students typically spending around €800 – €1,200 per month on housing, food, and other related costs. unsecured education Loan

4. Australia

Australia is an increasingly popular choice for international students that is known for its high-quality education system, multicultural society, and lifestyle. With world-class universities and a strong emphasis on practical learning, Australia offers a diverse range of programs across various research-related fields.

Cost to Study in Australia: The cost of tuition fees in Australia can vary significantly depending on the university and program but generally ranges from AU$ 20,000 to AU$ 35,000 per year for most undergraduate and postgraduate programs. Living expenses in major cities like Sydney and Melbourne can be higher, with students typically spending around AU$ 25,000 per year. Also, due to its universities’ reputation, there are ample loan options from secured to unsecured education loan.

5. Canada

Canada is a top destination for international students, offering a world-class education system, a multicultural society, and a high standard of living. With prestigious universities and a strong emphasis on research, Canada too offers a diverse range of programs across various disciplines.

Cost to Study in Canada: Generally, ranges from CA$ 20,000 to CA$ 35,000 per year for undergraduate programs and CAD 16,000 to CAD 35,000 for postgraduate programs. Living expenses in major cities like Toronto and Vancouver can be higher, with students typically spending around CA$ 15,000 to CA$ 25,000 per year.

Funding Options to Study Abroad

Given below is the list of all the funding options available for international aspirants,

• Scholarships
• Overseas Education Loans
• Grants
• Crowdfunding
• Part-time Jobs
• Sponsors etc.

In conclusion, if someone is truly dedicated, nothing can stop them from achieving their dreams. Whether it means taking out loans, working part-time, or applying for a scholarship abroad for masters degree but do not miss the chance to seize the opportunity of a lifetime. Consider consulting a financial advisor who can help you understand the return on investment for your degree abroad.