What is the budget range for studying abroad, and will you be taking a loan or using savings in New Zealand/Germany for a Master's?
The budget for studying abroad depends on your destination, program, and lifestyle. Here are the estimated annual costs for a Master's starting Jan 2027:
Germany
- Tuition: €0 - 500/year (₹0 - 56,000)
- Living: ₹8.9 - 13.4 lakh/year
- Total: ₹8.9 - 17.8 lakh/year
New Zealand
- Tuition: NZD 20,000 - 45,000/year (₹10.5 - 23.5 lakh)
- Living: NZD 10,000 - 15,000/year (₹5.2 - 7.8 lakh)
- Total: ₹15.7 - 31.3 lakh/year
UAE
- Tuition: AED 30,000 - 80,000/year (₹6.1 - 16.3 lakh)
- Living: AED 60,000 - 120,000/year (₹12.3 - 24.6 lakh)
- Total: ₹18.4 - 40.9 lakh/year
These figures are approximate and subject to change.
Many students use education loans from banks or NBFCs, with typical loan amounts and interest rates varying. Scholarships and part-time work can also help manage costs. If you need guidance on financing options or next steps, connect with your LeapScholar counsellor.
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