What is the expected cost of studying abroad?
Study abroad and pursuing higher studies has become a passion for almost every student. It has become a global phenomenon. Students from crossing countries, continents, and oceans try to get the best possible education in their life. Therefore, pursuing a higher degree abroad has gained so much popularity. All you need is to take some time and do in-depth research on the abroad colleges and universities offering the best deals, just like you search for college assignment help.
The greatest truth behind studying abroad is that you can get many benefits. Everything is much easier abroad, from helping you find an excellent job to improving your social and academic life. Moreover, you can explore plenty of cultures and easily adapt to social life. Also, there is a high quality of education awaiting you. All you need is to search and select the appropriate the best one for you as you search for the best college assignment help online.
Well, it is not easy to choose a perfect institution to proceed with; you have to plan and know the expected cost of studying at your favourite place. You must be aware of the average cost of studying abroad. So, today, you will get a basic idea of the minimum cost to study overseas.
So, let’s get started.
Significant factors which cover the study abroad costs
Tuition fee of study abroad:
It is one of the most critical aspects of studying abroad. Tuition fees are an integral part of academics, and to get good marks in exams, you have to avail of them. However, it depends on the different universities’ programs and curricula. It depends on the program tenure as well.
Public universities generally receive their funding from governments, but privates are not. So, many countries, especially Germany, charge a minimal amount from students, although they are renowned for offering world-class education.
Accommodation/housing cost for study abroad:
The two major components, tuition and accommodation, comes hand in hand. Therefore, it is one of the students’ most significant concerns while studying abroad. Various study programs include accommodation fees in the overall changes. However, most of the time, students don’t get the chance to utilise university accommodation, so they have to take rented options.
Living cost for study abroad :
It is another important aspect to consider while studying abroad. This includes the average cost of studying. The accommodation expense comes under this category. The cost generally varies on the place you are staying and the standard of living. You have to consider the day-to-day expenses. Most students try to cover this cost by working part-time in most cafes, salons bars cum restaurants and babysitting. So, it initially helps them to cope with the house rents. However, part-time work has its limitations. Food is also a prime contributor to living expenses.
So, now that you have gained a basic idea of the factors you must consider while fixing the budget to study abroad, let’s get quick enlightenment on the tuition fee of different countries that are popular for higher studies.
Study abroad costs by region.
Study abroad in Africa
South Africa
Average monthly (cost of living with rent): $800 – $ 1,100
The average cost of a semester (without housing) through direct enrollment: $2,000-$4,000
The average cost of a semester (with accommodation) through a third-party provider: $15,000-$19,000
GHANA
Average monthly (cost of living with rent): $450-$700
The average cost of the semester (without housing) through direct enrollment: $2,500-$3,500
The average cost of the semester (with accommodation) through a third-party provider: $18,500-$19,800
Study abroad in Asia
CHINA
Average monthly (cost of living with rent): $900-$1900
The average cost of the semester (without housing) through direct enrollment: $3,000-$8,000
The average cost of the semester (with accommodation) through a third-party provider: $8,000-$14,000
JAPAN
Average monthly (cost of living with rent): $2,000-$4,000
The average cost of the semester (without housing) through direct enrollment: $2,000-$3,000
The average cost of the semester (with accommodation) through a third-party provider: $30,000-$45,000
Study abroad in Europe
ITALY
Average monthly (cost of living with rent): $950-$2,200
The average cost of the semester (without housing) through direct enrollment: $2,500-$7,000
The average cost of the semester (with accommodation) through a third-party provider: $17,000-$21,000
SPAIN
Average monthly (cost of living with rent): $1,500-$2,200
The average cost of the semester (without housing) through direct enrollment: $2,000-$6,000
The average cost of the semester (with accommodation) through a third-party provider: $15,000-$20,000
FRANCE
Average monthly (cost of living with rent): $1,600-$2,000
The average cost of the semester (without housing) through direct enrollment: $3,000-$6,000
The average cost of the semester (with accommodation) through a third-party provider: $14,000-$17,000
Study in South America
ARGENTINA
Average monthly (cost of living with rent): $600-$800
The average cost of the semester (without housing) through direct enrollment: $450-$700
The average cost of the semester (with accommodation) through a third-party provider: $16,000-$18,000
BRAZIL
Average monthly (cost of living with rent): $600-$900
The average cost of the semester (without housing) through direct enrollment: $1500-$6,500
The average cost of the semester (with accommodation) through a third-party provider: $8,200-$21,500
Studying abroad in the Middle East
JORDAN
Average monthly (cost of living with rent for study abroad): $950-$2,200
The average cost of the semester (without housing) through direct enrollment: $600-#3,500
The average cost of the semester (with accommodation) through a third-party provider: $19,700-$21,800
What are the factors you should consider while planning to study abroad?
- If you are generating money from your part-time work, do not rely on the income to cover your expenses.
- Ensure you get the offer letter where the fee is mentioned and fixed. Otherwise, the university holds enough right to increase the fee in between your course.
- Education loan interest varies from bank to bank. Various private banks exist that tend to charge more than public sector banks. These private banks also charge more processing fees than public ones.
Wrapping up,
The fact is, the overall cost ends up depending on the other external factors. For example, studying abroad in a less expensive, better say an inexpensive country like India, can cost just a few thousand dollars total, while studying abroad at a private university in countries like Europe or USA will end up costing many more thousands. Therefore, it’s essential to consider many crucial things while calculating the average cost of studying abroad.
There are a lot of factors you need to figure out, calculate and evaluate before going to study abroad. However, once you get habituated to all the circumstances abroad, including getting good results in your academic career, you will eventually realize that all the hard work was worth it. If you get the exposure to broaden your outlook towards the academic career, don’t lose such opportunities. At the end of the day, it will open the door of plenty of fortuity.
