Budgeting for Study Abroad: Costs You Should Plan For

Beyond tuition: the full list of costs to include in your plan.

Tuition is only part of the total cost of studying abroad. A realistic budget protects you from financial stress and is often required for the visa application.

One-time costs

  • Application fees and test fees (IELTS, TOEFL, GRE, etc.)
  • Document translation, certification and courier fees
  • Visa fees, biometrics and medical examinations
  • Flights, initial accommodation deposit and setup costs

Recurring costs

  • Tuition and semester or administrative fees
  • Housing, food, utilities and internet
  • Health insurance
  • Local transport and phone plan
  • Books, equipment and software

Ways to reduce costs

Look at countries with low or no public tuition, apply for scholarships, consider student housing and shared accommodation, and check whether part-time work is permitted on your visa. Never count on work income to meet the official proof-of-funds requirement.

Compare the “Tuition level” and “Cost level” on each country page to get a quick feel for where your money goes furthest.

Share

Share as a photo card

Pick a design and size, then copy the image or download it. Paste it into Facebook, WhatsApp, Instagram, Telegram or any chat.

Related reading