Studying Abroad on a Budget: Tips for Finding Affordable Overseas Education Institutions

Studying abroad is often associated with huge costs involved. While it is true that it could cost much more than studying in your home country, it need not be a very expensive affair. With good research and planning you can make your overseas education more affordable. Here are some tips to help you pursue your education within your budget.

1. Scholarships and Grants

Many overseas educational institutions provide scholarships and grants even to foreign students. You may approach these universities and find out in advance what criteria would make you eligible for these scholarships.

2. Student Incentives

Whether for flight tickets, local transportation, or at restaurants, university students often have discounts. All you must do is carry your ID cards and remember to ask if there is a discount. Medical services are also often free or at a low cost for students. Such discounts may be a minor amount but put together over several uses, it could help you save a chunk!

3. Location

Don’t just check the tuition fee for the university, pay attention to the cost of living also. The cost of living is not the same everywhere. It may vary depending on the location. The fee may be low but what if you end up giving a fortune for food and accommodation? Doing proper research on the location of the educational institution can help you manage your budget.

4. Budget-friendly Accommodation

In the first year of education, most students prefer staying on campus since they feel safer there. However, the hostels inside the campus could be expensive. If you are on a budget, try to find accommodation outside the campus but close to it. Different kinds of rooms, dorms, and homestays are usually available around the universities. Sharing your room with other students can cut down on your expenses even more. Find a place to stay much earlier rather than at the last minute so that you get a room of your liking.

5. Work

Yes, you heard that right! It may not be a norm in your country for students to work. However, many foreign universities allow students to work up to 20 hours a week to make a little extra money. This could help you pay for your food and accommodation with ease. On top of that, you get to learn the local language and learn a lot from your experiences. It’s a win-win!

6. Spend Wisely

• Always look for discounts and offers before you buy things.

• As for books and other study materials, you can contact previous students or buy from second-hand stores.

• When you are studying abroad, you would also need some entertainment. Entertainment need not be expensive; you can look for free or cheaper options to spend time alone or with your friends.

• Instead of spending money on buying food, make your meal in your room. It is not only cheaper but also healthier to have homemade food.

• Wherever possible, try to travel on foot or bike.

Conclusion

Studying abroad on a budget is not impossible. To begin with, apply to universities that have tuition fees within your budget. On top of that, with the help of the tips mentioned here, you can avoid unnecessary expenses and complete your education within a limited budget.

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