What is the minimum budget required for studying abroad, and can I get a study loan for it in UK/Germany?
13 Jul 2026 · Answered by Tamanna Jaisingh · 1 min read
The minimum budget for studying abroad depends on your destination and lifestyle.
- Germany: Public universities typically have minimal or no tuition fees. Expect to pay a semester contribution of €150 - €350 and budget about €992/month for living expenses. - UK: Tuition fees for international students usually range from £15,000 - £35,000/year. Living costs are about £1,300 - £1,800/month in London, or £780 - £1,300/month in other cities.
You can usually get a study loan as an Indian student. Indian banks and financial institutions offer education loans covering tuition, living expenses, and related costs, with typical interest rates of 8.5% - 15% per year.
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