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How long does the ₹ 30 lakh budget cover for a master's program?

24 Sept 2026 · Answered by Yasika Choudhary · 2 min read
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Yes, a Rs.30 lakh budget can fund a full 2 year masters in Germany, where public tuition is often free, but the same amount covers only about 6 to 12 months of study in the UK, Canada, Australia, or the USA instead.

Yasika Choudhary
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A Rs.30 lakh budget can cover a complete masters degree in lower cost destinations like Germany, but it stretches only a fraction of a program in more expensive countries such as the UK, Canada, Australia, or the USA.

How Far Rs.30 Lakh Goes by Country

CountryTypical Masters DurationRough Total CostWhat Rs.30 Lakh Covers
Germany2 yearsRs.17 to 30 lakhAbout 2 years
France1 to 2 yearsRs.22 to 40 lakhAbout 1 to 2 years
UK1 yearRs.35 to 60 lakhAbout 6 to 12 months
Canada1 to 2 yearsRs.50 to 80 lakhAbout 8 to 14 months
Australia2 yearsRs.55 to 90 lakhAbout 8 to 13 months

Why Germany Fits This Budget Best

  • Low or no tuition: many German public universities charge little to no tuition for masters programs.
  • Main cost driver: your Rs.30 lakh mostly goes toward accommodation, food, insurance, and semester fees rather than tuition.
  • City choice matters: choosing a lower cost German city keeps your 2 year total closer to the Rs.17 to 30 lakh range.

My Advice

Do not plan to spend your entire Rs.30 lakh with no buffer, since unexpected costs like flights, insurance gaps, or a weaker rupee can push you over budget, and pick a mid sized German city over a major hub like Munich if you want the most breathing room in your budget.

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