Top 10 Cheapest Countries to Study Abroad for Indian Students 2024

Do you know in the previous year, 1.3 million Indian students were pursuing their studies abroad in 75+ countries? Such a vast number of students studying abroad indicates their quest for limitless opportunities, high standards of living, and, prominently, better career prospects and high returns on investment. However, studying in countries like the USA and the United Kingdom can be expensive. 

The good news is that other countries offer quality education at a much lower cost! 

Countries like Germany, Denmark, and France are some of the best options for affordable education that you can consider. By opting for one of these countries, you can save money and manage your finances effectively, reducing the burden of student loans or financial dependency on your family. 

The tuition fees in these countries are significantly lower, and many also provide notable scholarships that cover tuition fees, accommodation, and living expenses. 

Tuition fees for the top 10 Cheapest Countries to Study Abroad

The tuition fees in the countries below are significantly lower, and many also provide notable scholarships that cover tuition fees, accommodation, and living expenses.

Here are the average tuition fees for bachelors and masters in the top 10 Cheapest Countries for Indian Students:

Country	Average Tuition Fees for Bachelors (per year)	Average Tuition Fees for Masters (per year)
1. Germany	INR 20L to INR 23L	INR 35L to INR 37L
2. Malaysia	INR 1.5L- INR 4L	INR 4L-INR 9L
3. France	INR 2.5L INR 8.5L	INR 9L to INR 15L
4. Denmark	INR 5.5L  to INR 14L	INR 9.5L to INR 20L
5. Norway	INR 6.3L to INR 9.1L	INR 9.1L to INR 17L
6. Ireland	INR 6.3L to INR 10L	INR 12L to INR 25L
7. Canada	INR 6.5L to INR 16.5L	INR 10L to INR 30L
8. Sweden	INR 7.2L to INR 13.5L	INR 12L to INR 24L
9. New Zealand	INR 7.8L  to INR 9.3L	INR 11L to INR 15L
10. Australia	INR 9.5L  to INR 23L	INR 13L to INR 25L

Cost of Living for the Top 10 Cheapest Countries to Study Abroad

If you’re looking to study abroad, you might want to consider these top 10 cheapest countries. The cost of living includes food, transportation, clothing, internet-related services, study materials, and other miscellaneous costs.

Here is the average cost of living per month in the top 10 Cheapest Countries for Indian Students:

Country	Cost of Living per month (Approx.)
Malaysia	INR 36,000 to INR 64,000
Canada	INR 50,000 to 68,000
New Zealand	INR 64,000
Sweden	INR 65,000 to INR 78,000.
Australia	INR 70,000
Ireland	INR 76,000
Germany	INR 70,000 to INR 80,000
France	INR 70,000 and INR 90,000
Denmark	INR 70,000 to INR 1,00,000
Norway	INR 80,000 to INR 90,000

Affordability is based on the tuition fee and the living cost in the country, majorly. So many top-ranked universities abroad located in popular countries offer high-quality education to international students at reduced costs. 

Continue with this blog to get complete information about the tuition fee of the program and the living costs of some of the world’s cheapest countries in terms of education.

Top 10 Cheapest Countries to Study Abroad for Indian Students

Choosing an affordable country to study abroad can be an excellent option for Indian students who want to broaden their horizons and gain international exposure without spending much money. Here is a list of some of the cheapest countries for Indian students to study abroad.

Now, let’s explore different countries and discover why they are coined as the “Cheapest Countries to Study Abroad for Indian Students.”

1. Germany

Germany has become a popular destination among aspiring engineering students. More than 34,000 Indian students pursued their studies in Germany last year. The country’s education system is renowned for its free-of-cost education offerings, which extend to domestic and international students. This is especially beneficial for Indian students, who can pursue their undergraduate studies in Germany without worrying about the financial burden of tuition fees.

However, students who wish to pursue master’s courses in a subject different from their undergraduate program must pay tuition fees.

Nonetheless, the overall quality of education and opportunities available in Germany make it a desirable destination for students seeking a promising career in engineering.

Tuition fees

Tuition fees at most public universities in Germany are waived for students of all nationalities, making it one of the most economical countries in Europe to pursue higher education. However, there may be application fees and processing charges.

However, attending a private university includes paying tuition fees. Let’s look at the tuition fees in private universities in Germany.

Courses in Private Universities	Tuition Fees per Year (Average)
Bachelors	INR 20,00,000 to INR 23,00,000
Masters	INR 35,00,000 to INR 37,00,000

Cost of living

The cost of living in Germany typically ranges from INR 70,000 to INR 80,000 monthly, covering expenses such as food, transportation, clothing, internet-related services, study materials, and other miscellaneous costs.

Scholarship

Some German scholarships that Germany offers to all Indian students are as follows:

• DAAD scholarship
• Konrad Adenauer Stiftung
• Einstein International Postdoctoral Fellowship
• EMS Graduate Scholarship
• Heinrich Boll Scholarship

Job opportunities

Germany is one of the biggest economies in Europe and offers excellent job opportunities to students in fields like engineering, IT, healthcare, management, and finance. 

With a highly skilled and diverse workforce, Germany has become a hub for innovation and entrepreneurship, attracting businesses worldwide. You can work part-time while studying and can apply for a residence permit after graduation to seek employment in the country.

Universities

Universities in Germany are known for both their curriculum and infrastructure. Here is the list of the best Tuition-Free Universities in Germany:

• University of Stuttgart
• University of Mannheim
• University of Bremen
• University of Cologne
• University of Hamburg
• The Technical University of Munich 
• Ludwig Maximilian University of Munich (LMU)
• Humboldt University of Berlin

Courses

Some of the best undergraduate and graduate courses to pursue in Germany are:

1. Engineering
2. Medicine
3. Finance
4. Management (including MBA programs)
5. Humanities (including renowned business schools)

2. Malaysia

In 2022, more than 3000 Indian students chose Malaysia as their study-abroad destination, thanks to the country’s affordable cost of living. Malaysia boasts breathtaking scenery, technological advancements, and a rich cultural mix, making it an ideal place to pursue higher education.

Tuition fees

Compared to many other countries, studying in Malaysia is one of the cheapest countries to study abroad for Indian Students. The tuition fees for different courses and universities in Malaysia may vary, but they are generally quite affordable. Additionally, Malaysia’s cost of living is significantly lower than other popular study-abroad destinations, making it an attractive option for students looking for financial ease.

Courses	Tuition Fees per Year (Average)
Bachelors	INR 1,50,00 to INR 4,50,000
Masters	INR 4,00,000 to INR 9,00,000

Cost of living

Living costs in Malaysia are also relatively low, with monthly expenses ranging from INR 36,000 to INR 64,000. This covers accommodation, food, transportation, insurance, and other miscellaneous expenses.

Scholarships

Some scholarships that Malaysia offers to Indian students are as follows:

• Malaysian Technical Cooperation Programme (MTCP)
• Malaysia International Scholarship (MIS)
• Khazanah Global Scholarship
• JPA Scholarship Programme
• Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN), MOHE

Job Opportunities

Malaysia has a thriving job market focusing on various industries such as information technology, finance, healthcare, and manufacturing. Kuala Lumpur, the capital city, is a hub for multinational corporations, making it an attractive destination for job seekers. The job market offers a range of opportunities for skilled professionals such as software developers, engineers, finance specialists, healthcare professionals and others, making Malaysia a dynamic workplace.

Universities

According to QS rankings, nine universities from Malaysia are listed among the top 500 universities worldwide. 

Some renowned institutions in Malaysia include:

• Universiti Malaya (UM)
• Universiti Putra Malaysia (UPM)
• Universiti Kebangsaan Malaysia (UKM)
• Universiti Sains Malaysia (USM)
• Universiti Teknologi Malaysia
• Taylor’s University
• UCSI University

Courses

Malaysia offers a variety of bachelor’s and master’s courses to Indian students. These courses are available at both public and private universities in Malaysia. Some popular options include:

1. Arts and Humanities
2. Computer Science
3. Economics
4. Engineering
5. Environmental Engineering
6. Power Engineering
7. Management
8. Medicine
9. Natural Sciences (Geology, Physics, and Astronomy)

3. France

France is a popular study destination in Europe, renowned for its affordable universities and excellent standard of living. The previous year, around 10,000 Indian students opted to study in France. Despite its reputation as an expensive country, it offers comparatively lower tuition fees and is a popular choice among international students. Cities such as Paris, Bordeaux, Lyon, Grenoble, Montpellier, and Nice are highly favoured by students, with Paris ranking among the top student cities globally.

Tuition Fees

The tuition fees in France may vary depending on the university, course, and level of study. But, France is still one of the cheapest countries to study abroad for Indian students. You should research your preferred college and course fees in advance. Now, let’s look at the Average Tuition Fees per Year.

Courses	Tuition Fees per Year (Average)
Bachelors	INR 2,50,00 to INR 8,50,000
Masters	INR 9,00,000 to INR 15,00,000

Cost of Living

The cost of living in France varies depending on the chosen city. In Paris, it can range from approximately INR 1,00,000 to INR 1,50,000 per month, while in Lyon, it may be between INR 70,000 and INR 90,000 per month.

Scholarships

France offers various scholarships to support students financially, including.

• The École Normale Supérieure Master’s degree scholarship
• Grenoble INP Master’s degree scholarship
• Sciences Po Bachelor’s and Master’s degree scholarships
• Emile Boutmy Scholarship
• Eiffel Scholarship

Job Opportunities

France is a top destination for students looking for work abroad. The country has a high standard of living and a strong economy, offering various job opportunities for students after completing their studies. With industries such as fashion design, film studies, law, creative writing and literature, There are ample opportunities for career growth. French universities also provide excellent career services to support students in finding jobs.

Universities

France has a highly regarded education system, with many universities consistently ranking among the top in Europe. Notable French universities include 

• Université PSL 
• Ecole des Ponts ParisTech
• Université Paris-Saclay
• École Normale Supérieure de Lyon
• Sorbonne University
• Institut Polytechnique de Paris.

Courses

France offers diverse courses at various academic levels, attracting students globally. Some of the best undergraduate and graduate courses in France are listed below:

1. Arts and Humanities
2. Engineering and Technology
3. Natural Sciences
4. Biological Sciences
5. Mathematics
6. Physics and Astronomy
7. Social Sciences and Management

4. Denmark

Denmark is a popular study destination for Indian students seeking quality education in a friendly and welcoming environment. The country is known for its top-notch education system, innovative teaching methods, and research-driven approach. Denmark is also a safe and peaceful country with a high standard of living and a well-developed healthcare system.

Tuition Fees

Tuition fees vary depending on the university and the program of study. Now, Let’s look at the Average Tuition Fees in Denmark.

Courses	Tuition Fees per Year (Average)
Bachelors	INR 5,50,000  to INR 14,00,000
Masters	INR 9,50,000 to INR 20,50,000

Cost of Living

On average, a student needs roughly INR 70,000 to INR 1,00,000 for monthly expenses, which include housing, transportation, food, utility bills, study materials and other miscellaneous costs.

Scholarships

Denmark offers a range of scholarships to support international students, including Indian students, financially. Some scholarships available are

• Danish Government Scholarship
• Erasmus Mundus Joint Master Degree Scholarship
• Danish State Education Grant. 

Job Opportunities

Denmark has a high demand for skilled IT, engineering, healthcare, and renewable energy workers. You can work part-time while studying and are also eligible for a post-study work permit of up to two years to find work after graduation.

Universities

Universities in Denmark are known for their innovative teaching approach and research excellence. Some of the top Denmark universities are listed below:

• University of Copenhagen
• Aarhus University
• Technical University of Denmark
• Copenhagen Business School
• University of Southern Denmark
• Roskilde University

Courses

If you are looking for high-quality bachelor’s and master’s programs, Denmark is a great place to start. You can find something that suits your interests and goals with diverse options. Here are just a few examples of the excellent courses you can choose from:

1. Architecture
2. Business Administration
3. Engineering
4. Environmental Studies
5. Information Technology
6. Journalism
7. Law
8. Medicine
9. Social Sciences

5. Norway

Norway is recognised as one of the cheapest countries to study abroad for Indian students seeking to study abroad. This country is known for its high quality of life, cultural diversity, and wide range of English language-based programs available across Norwegian universities.

Tuition Fees

The cost of tuition can differ significantly based on factors such as degree level and geographic location. To give you an idea, we have provided Norway’s Average Tuition Fee table.

Courses	Tuition Fees per Year (Average)
Bachelors	INR 6,30,00 to INR 9,10,000
Masters	INR 9,10,000 to INR 17,15,000

Cost of Living

While education is free, the cost of living in Norway is relatively high. Norway’s average annual cost of living ranges from approximately INR 80,000 to INR 90,000 monthly. This includes rent, food transportation, utility bills, clothing and other miscellaneous expenses.

Scholarships

Norway offers a range of scholarships for undergraduate and graduate studies in various fields of study.

The Norwegian government offers some scholarships, while private organisations, foundations, and universities provide others. Some of these scholarships are listed below:

• NTNU Scholarship
• SCAR Fellowships In Antarctic Research
• Microsoft Research PhD Fellowship
• Mobility Grant for Norwegian Language and Literature
• A. Wilhelmsen Foundation Scholarship Programme
• BI Presidential Scholarship
• Scholarship Grant for Undergraduate Students 

Job Opportunities

Norway’s vibrant economy and rich natural resources provide ample job opportunities for students. The country’s low unemployment rate of 3.3% and thriving industries such as fishing, hydropower, mining, petroleum and gas, paper products, shipping, and tourism attract talent worldwide. 

Large companies like BNP Paribas, Equinor, Joh Johannson Handel, and Norges Gruppen offer promising career prospects for students looking to work in Norway.

Universities

Some of the most prestigious institutions in Norway are:

• The University of Oslo 
• University of Bergen
• University of Tromsø 
• The Arctic University of Norway
• Norwegian University of Science and Technology
• University of Stavanger

Courses

Norway is home to several reputable institutions that offer a wide range of undergraduate and graduate courses. If you are looking to study in Norway, you will have plenty of options to choose from. Some of the popular course options are:

1. Arts and Humanities
2. Biotechnology
3. Dental Science
4. Digital Media
5. Animation
6. Visual Science
7. Natural Sciences
8. Energy and Sustainability
9. Industrial Engineering
10. Life Sciences
11. Medicine

6. Ireland

Ireland is one of the most popular destinations for higher education among Indian students. In 2022, around 5,000 Indian Students were pursuing their studies in Ireland. 

One of the key advantages of studying in Ireland is its affordability. Ireland is one of the cheapest countries to study abroad for Indian students. The tuition fees for undergraduate and postgraduate courses in Ireland are comparatively lower than other popular destinations like the USA and the UK.

Additionally, many universities and colleges offer scholarships and financial assistance to international students, making it easier for them to manage their finances.

Tuition Fees

Ireland is an excellent option for Indian students seeking an affordable country to study abroad. Universities in Ireland provide excellent education at a reasonable price. Now, let’s look at the Average Tuition Fees in Ireland.

Courses	Tuition Fees per Year (Average)
Bachelors	INR 6,30,00 to INR 10,08,000
Masters	INR 12,10,000 to INR 25,00,000

Cost of Living

The cost of living in Argentina for international students is roughly INR 76,000 monthly. This includes accommodation, food, healthcare, utility bills, and other miscellaneous expenses.

Scholarships

Ireland also offers a range of scholarships for both undergraduate and graduate studies in different fields of study. Below are some of the scholarships available in Ireland:

• Government of Ireland International Education Scholarships (GOI-IES)
• Ireland-Africa Fellowship Programme
• Trinity College Dublin Scholarship Programme
• The Kader Asmal Fellowship Programme
• The Walsh Fellowship Programme
• The George Mitchell Scholarship Programme

Job Opportunities

Ireland offers various employment opportunities in various sectors, including technology, finance, healthcare, education, manufacturing, and hospitality. 

The country is home to several multinational companies, creating job opportunities for skilled professionals, particularly in the software development and finance sectors. The Irish government has implemented initiatives to attract skilled workers, such as tax incentives and visa options. With a stable economy and diverse job market, Ireland remains a popular destination for job seekers around the globe.

Universities

Ireland has seven public universities and numerous private institutions that welcome international students. Prominent universities in Ireland include: 

• Trinity College Dublin
• University College Dublin (UCD)
• National University of Ireland, Galway (NUIG)
• University College Cork (UCC)
• Dublin City University (DCU)
• University of Limerick (UL)
• Maynooth University (MU)

Courses

Ireland offers a wide range of courses in various fields of study. Some of the popular courses among international students in Ireland include 

1. Business and Management 
2. Computer Science and Information Technology 
3. Engineering 
4. Life Sciences 
5. Social Sciences 
6. Medicine Health Sciences 
7. Arts and Humanities 
8. Law 
9. Hospitality and Tourism 
10. Education

These are just a few examples, and many more courses are available in Ireland depending on your interests and career goals.

7. Canada

Canada is among the most popular and affordable countries for Indian students to study abroad. With over 1,83,310 Indian Students studying in Canada the previous year, the country offers a welcoming environment, excellent infrastructure, and a wide range of courses across various fields of study. 

Canada’s supportive policies and initiatives for international students, such as work permits, scholarships, and post-graduation work opportunities, make it an ideal option for Indian students looking to enhance their career prospects.

Tuition fees

Tuition fees in Canada vary depending on the level of study, the institution, and the program of study. However, compared to other popular study-abroad destinations, Canada’s tuition fees are generally more affordable, making it an attractive option for international students.

Courses	Tuition Fees per Year (Average)
Bachelors	INR 6,50,00 to INR 16,50,000
Masters	INR 10,00,000 to INR 30,00,000

Cost of Living

The cost of living in Canada varies depending on the city and lifestyle. Major cities like Toronto and Vancouver have a higher cost of living than smaller cities. However, compared to other study-abroad destinations, Canada’s cost of living is relatively affordable. Students can expect to spend approximately INR 50,000 to INR 68,000 monthly on accommodation, food, transportation, and other expenses.

Scholarships

There are many scholarships available for students in Canada. The availability of these scholarships can significantly reduce the cost of pursuing studies in Canada.

Here are some examples of scholarships you may be interested in:

• Canada Graduate Scholarships – Master’s Program (CGS-M)
• Vanier Canada Graduate Scholarships
• Ontario Graduate Scholarship (OGS)
• Ontario Trillium Scholarship (OTS)
• University of Waterloo International Master’s Award of Excellence
• University of Alberta International Student Scholarship
• Lester B. Pearson International Scholarship Program

Job Opportunities

Canada is known for its strong economy and diverse job market, making it an appealing destination for international students looking for job opportunities after graduation. The Canadian government also offers programs allowing international students to stay and work in Canada after completing their studies.

Some of the top industries in Canada include healthcare, technology, finance, and engineering. Additionally, Canada has a high demand for skilled computer science, artificial intelligence, and cybersecurity workers. Many international students in Canada also find job opportunities in the hospitality and retail sectors. Canada’s strong job market and supportive policies for international students make it an attractive option for those looking to kickstart their careers.

Universities

Canada is a popular destination for international students seeking higher education opportunities. The country has diverse universities and colleges that offer quality education and a wide range of academic programs. Some of the top universities in Canada are 

• University of Toronto
• University of British Columbia
• McGill University
• University of Alberta
• University of Waterloo

Additionally, Canada has many renowned colleges offering specialised technology, business, and healthcare programs at affordable tuition fees.

• Seneca College
• Conestoga College
• Humber College

Courses

Canada is well-known for its universities that offer excellent business, nursing and computer science education. The top subjects to study in Canadian universities include:

1. Business Administration
2. Computer Science and Information Technology
3. Nursing
4. Natural Science
5. Digital Art and Visual Design
6. Mechanical, Electrical and Electronics Engineering
7. Visual and Performing Arts

8. Sweden

Sweden is a popular destination for Indian students seeking higher education. With its renowned universities, diverse range of courses, and high quality of life, it is no surprise that Sweden is a top choice for many.

In the previous year, over 2500 Indian Students were pursuing their studies in Sweden. The cultural exchange between Indian students and Swedish locals enriches the educational experience. Sweden’s commitment to sustainability and innovation also provides a unique learning opportunity for Indian students.

Tuition Fees

The tuition fees in Sweden may vary depending on the university, course, and level of study. It is always a good idea to research the costs associated with your desired program of study in advance. Additionally, students may be eligible for scholarships or financial aid, which can help offset the cost of tuition.

Courses	Tuition Fees per Year (Average)
Bachelors	INR 7,20,00 to INR 13,55,000
Masters	INR 12,10,000 to INR 24,15,000

Cost of Living

Sweden has a relatively higher living cost than its neighbouring countries in the north. The estimated monthly expenses for students, which cover rent, transportation, utilities, food, and other miscellaneous expenses, may range from INR 63,000 to INR 1,08,000.

Scholarships

There are several scholarships available in Sweden for Indian students. These scholarships offer financial assistance to students to cover tuition fees, living expenses, and other costs associated with studying in Sweden. Some of them are:

• Swedish Institute Study Scholarships
• Karolinska Institutet Global Master’s Scholarships
• Chalmers IPOET Scholarships
• KTH Scholarship
• Uppsala University Global Scholarships
• Stockholm School of Economics MBA Scholarship
• Linnaeus University Scholarships

Job Opportunities

For Indian students seeking job opportunities in Sweden, the country’s thriving economy relies heavily on foreign trade and offers excellent working conditions. There is a high demand for graduates with data analysis, engineering, finance, marketing, and sales expertise. 

The major industries in the country include construction, finance, insurance, manufacturing, and real estate. Several multinational companies, such as Electrolux, Ericsson, H&M, Ikea, Skype, Spotify, and Volvo, have a strong presence in this region.

Universities

Sweden is home to several reputable universities that offer high-quality education to students worldwide. Some of the notable universities in Sweden are:

• Lund University
• Uppsala University
• Stockholm University
• Karolinska Institute
• Chalmers University of Technology
• KTH Royal Institute of Technology

Courses

Some of the best undergraduate and graduate courses to pursue in Sweden are:

1. Engineering and Technology
2. Business and Management
3. Social Sciences and Humanities
4. Environmental Studies and Sustainability
5. International Relations and Political Science
6. Computer Science and Information Technology
7. Life Sciences and Medicine
8. Design and Creative Arts

9. New Zealand

New Zealand is recognised as one of the safest and cheapest countries to study abroad for Indian students.

It offers a conducive environment with esteemed universities and a high-class education system. Most of the country’s best colleges are in cities like Wellington, Christchurch, Hamilton, Napier-Hastings, etc. Auckland is the hub of all the popular higher education institutions in the country.

Cost of Living

New Zealand’s average cost of living is relatively high, at approximately INR 64,000 per month, which covers expenses such as food, accommodation, and transportation.

Tuition Fees

While the cost of education in New Zealand may be higher than in other countries, the quality of education and living standards are exceptional.

Courses	Tuition Fees per Year (Average)
Bachelors	INR 7,80,000  to INR 9,30,000
Masters	INR 8,30,000 to INR 11,50,000

Scholarships

New Zealand offers various scholarships to support students financially, including.

• Manaaki New Zealand Scholarships for International Students
• The University of Auckland International Student Excellence Scholarship
• University of Waikato International Excellence Scholarship
• Tongarewa Scholarship at Victoria University of Wellington

Job Opportunities

New Zealand offers a variety of job opportunities for students after completing their studies. With a growing economy and diverse industries, you can find work in IT, engineering, hospitality, agriculture, business, and medicine. 

Universities

New Zealand has several top-ranked universities. These universities offer courses and excellent career services to help students find jobs. A few examples of them are as follows:

• The University of Auckland
•  University of Otago
•  Victoria University of Wellington
•  University of Canterbury
•  Massey University
•  University of Waikato

Courses

Some of the best undergraduate and graduate courses to pursue in New Zealand are:

1. Animation
2. Engineering
3. Medicine
4. Business Studies
5. Forestry Engineering
6. Hospitality
7. IT and Computer Science
8. Agriculture

10. Australia

Australia is also a popular study destination worldwide, known for its high-quality education, diverse culture, and welcoming environment for international students. In the previous year, 1,00,009 Indian Students were pursuing their studies in Australia for their higher studies. 

Though the cost of living in Australia can be relatively high, the country offers a range of scholarships and financial aid options to help students manage their expenses. Some of the top cities for students in Australia include Sydney, Melbourne, Brisbane, Perth, and Adelaide. These cities offer a great blend of academic excellence, job opportunities, and a vibrant lifestyle. Additionally, Australia’s natural beauty, with its stunning beaches, national parks, and wildlife, provides students with a unique and enriching experience.

Tuition Fees

Tuition fees in Australia vary by university and course. Let’s look at Average Tuition Fees in Australia.

Courses	Tuition Fees per Year (Average)
Bachelor	INR 9,50,000  to INR 23,00,000
Masters	INR 11,50,000 to INR 25,50,000

Cost of Living

The cost of living in Australia varies depending on the city, but on average, students need around INR 70,000 to cover expenses such as accommodation, food, transportation, and study materials.

Job Opportunities

After graduation, Australia offers many job opportunities for international students in finance, healthcare, and technology industries. The country has a thriving financial sector, with many global banks and financial institutions in cities like Sydney and Melbourne. With a growing economy and a multicultural workforce, students can find employment in a field.

Moreover, the Australian government also offers various visa programs and incentives to international students who want to work and live in the country after graduation. For instance, the Temporary Graduate visa (subclass 485) allows international students to work in Australia for up to 18 months after completing their studies.

Universities

Australia is home to some of the top-ranked universities in the world. Some of them are:

• University of Melbourne
• University of Sydney
• Australian National University
• University of Western Australia

These universities offer courses and excellent career services to help students find jobs.

Courses

Australia provides a variety of undergraduate and graduate courses in popular fields, such as 

1. Business
2. Engineering
3. Medicine
4. Information technology
5. Environmental science

These courses are designed to provide students with the skills and knowledge needed to succeed in their chosen careers.

Factors to Consider When Choosing the Cheapest Country to Study Abroad for Indian Students

When looking for the cheapest country to study abroad for Indian students, several factors must be considered to ensure that you can manage your expenses without compromising the quality of your education. 

Here are some key factors to consider when choosing the cheapest country to study abroad for Indian students:

1. Tuition Fees

As a student, you should research and compare the tuition fees of universities or colleges in different countries. Some countries, particularly in Europe, offer low-cost or tuition-free education for international students, which could be attractive options if you’re looking for affordability.

2. Cost of Living

When choosing a city or country to live in, it’s essential to consider the cost of living, which can significantly vary. You should consider expenses such as housing, food, transportation, healthcare, and other daily necessities.

3. Scholarships and Financial Aid

As an international student, it’s essential to explore the availability of scholarships, grants, and financial aid options that can help you reduce your financial burden. You should research and apply for these opportunities to help fund your education.

4. Part-Time Job Opportunities

Check the regulations and opportunities for part-time employment while studying. Having the option to work part-time can help supplement your finances and ease the financial burden. Consider the availability of job opportunities and the minimum wage rates in the destination country.

5. Safety and Quality of Life

While focusing on affordability, it is crucial to consider the safety and overall quality of life in your chosen country. Research the country’s safety records, healthcare facilities, social stability, and cultural diversity to ensure a conducive and enjoyable learning environment.

6. Language

Language proficiency can impact your experience and opportunities to study abroad in a particular country. Assess whether the courses you’re interested in are offered in a language you are comfortable with or if language learning support is available.

7. Employment Opportunities

Consider the employment prospects in your field of study after graduation. Look into the job market, work permit regulations, and the demand for skilled professionals in the cheapest country to study abroad for Indian students. 

8. Currency Exchange Rate

As a student studying abroad, currency exchange rates can significantly impact your expenses. A weak exchange rate can increase the cost of tuition fees, accommodation, and living expenses. In contrast, a strong exchange rate can make studying abroad more affordable and even help you save money.

9. Medical Costs

Medical costs are an essential factor to consider as a student studying abroad. You need to ensure adequate health insurance coverage covering medical expenses in the host country. In addition, you should research the cost of medical treatment in the host country to ensure you can afford it in an emergency.

Also Read: Best Countries to Study Abroad in 2024

To Sum Up

So far, we have learned that choosing a study destination, university, and program that aligns with your goals and ambitions is essential. Still, budget should also be a crucial factor. While the USA and UK may be more expensive, the UK’s 1-year Master’s courses can help reduce costs, and the USA offers high employability and salaries. Moreover, getting scholarships can make even these countries affordable for you.

However, Indian students should also consider more affordable countries like Germany, Taiwan, France, Norway and more, which offer cost-effective education and diverse cultural experiences. Scholarships can also help alleviate financial burdens. Safety, language, and employment opportunities should be carefully considered for a well-rounded decision.

Confused about what’s best for you?

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