How to Study Abroad Within Your Budget?
Study abroad can be slightly crusty on your pocket, especially if you are traveling to study from a developing country to a developed country. Many studies abroad programs are cheap, but the tuition fees are high, or you wish to get admission to prominent top universities, which are expensive. However, a well-designed budget method can unquestionably sort things out for you. You need to take care of a few things, and the rest can fall into place.
Believe it or not, there are many best places globally that make it possible to study abroad on a budget. From traveling to fees to personal care, many little factors can affect your budget. It all adds up!
An ideal budget should include — university fees, tuition fees, meals, accommodation, transportation, health insurance, personal care, utility bills (laundry, gas, electricity, phone, etc.).
Here are the top 3 tips that you need to discover more about studying abroad within your budget.
1. Free study abroad programs
While global university fees are rising day-by-day, makes getting international university degrees harder, numerous countries worldwide offer free study abroad programs or affordable fees or nominal one-time university fees.
Major Public Universities in countries like Germany, France, Greece, Czech Republic, Norway, Finland, Iceland, Denmark, etc., offer free education regardless of your nationality.
Most of these countries require you to learn their local language to obtain the free study abroad programs which makes you an additional language skill to learn.
2. International Scholarships
You will be amazed to know that there are numerous International provided by certain educational institutes and governments which aids you financially to study abroad.
There are different types of scholarships that you can avail, such as:
A) Athletic Scholarships: CAA, NAIA, and NJCAA manage Athletic scholarships. They are intensely competitive as well. There are specific rules for students to avail scholarships based on sports.
B) Merit and Academic Scholarships: The Merit scholarships evaluate students’ merit based on their academic and performance records in school/college. While in academic scholarship, the essential requirement is the student must score 3,5 GPA or higher / 25 ACT score or higher, 1200 SAT or higher, and need to rank in the top 10 of the class.
C) Scholarships based on community services: This scholarship is valid for those students who participate in voluntary communal services. Certain websites can help you to get a scholarship — org, Equitable Excellence Scholarship, etc. You can get the other list of scholarships based on community services HERE.
The students who volunteer in community services have many benefits. It improves the student’s skills which helps them in preparing for the outer world. Generally, in many cases, while volunteering, students grow their social and professional circles; in the future, they can help them write a letter of recommendation, potentially adding a great benefit.
Free College Scholarship Search assists you in searching for a college scholarship based on many things. Another site is scholarship.com, which is designed especially for students and their parents, which keeps them informed about the latest university scholarships, grants, financial aid options, etc.
3. Utilize money-saving tools.
Certain apps help you plan and calculate everything to compare before deciding the final city or country for study abroad.
a) Number app — helps you compare the overall cost-of-living between countries and tell you the cost for food or taxi services or other local things.
b) Mint app — a budget calculator that helps you set up a monthly budget and keeps you altered while spending money on anything. Mint app helps you with your overall financial plan.
c) International Student ID Card — there are numerous benefits of the international student ID card; it can get you discounts on food, grocery, transportation, data services, local sightseeing, etc. Every country university has different plans, but it does help you in saving lots of things.
There is endless study abroad opportunities that you can plan in your budget. Numerous things can help you add additional skills to your resume, and you can learn a lot of new things without putting a hole in your pocket. The above tips help you to study abroad without blowing up the budget.
It is advisable to consult abroad education consultants for anything related to university admission and further guidance.
Also read – Benefits of Study Abroad