10 Most Affordable Countries to Study Abroad
When considering studying abroad, it’s essential to take your budget into account. Most international students search for places with affordable education costs. Countries like the United States, the United Kingdom, Canada, and Australia are popular choices as they have many highly ranked universities. These universities are globally recognized by well-known ranking organizations, such as Times Higher Education, US News, and QS World University Rankings.
The cost of studying abroad depends on the tuition fees and the cost of living in the country. There are many highly-ranked universities located in popular countries that provide high-quality education to international students at an affordable cost. If you want to know more about the program tuition and cost of living in affordable countries, then read on. This article will provide complete information on popular and affordable countries in the world that offer low-cost education.
1-Tuition Fees
Students want to study abroad at low tuition fees. Program fees vary by college, location and program. Students receive scholarships at foreign universities to complete their studies on a limited budget. Below you will find the average first-year tuition fees in this particular country for students planning to study abroad.
Courses/Countries | MBA (in lakh) | MS (in lakh) | BE/B.TECH. (in lakh) |
USA | 28.88 | 22.95 | 26.03 |
Canada | 26.78 | 11.50 | 22.36 |
UK | 20.82 | 20.52 | 18.72 |
Australia | 21.97 | 22.56 | 21.49 |
New Zealand | 23.79 | 20.14 | 17.05 |
Singapore | 26.11 | 22.33 | 15.44 |
Germany | 13.14 | 79.05K | 1.04 |
France | 20.95 | 7.94 | 6.61 |
Netherlands | 23.63 | 14.13 | 8.70 |
Sweden | NA | 11.49 | 9.64 |
Students usually require $10,000 to $12,000 per year on average to cover their living expenses. The cost of living varies depending on where the student chooses to study. For many students, the cost of living is a significant concern. Individuals who opt for metropolitan areas will generally spend more compared to those who prefer hostels or suburban accommodations. Moreover, living expenses typically include lodging, meals, travel, textbooks, clothing, and entertainment. Considering these factors, we have compiled a list below that shows the average cost of living for students who plan to study abroad.
2-Living Cost
Countries | Average Living Expenses (in Lakh) |
USA | 8.78 |
Canada | 6.22 |
UK | 5.92 |
Australia | 6.50 |
New Zealand | 5.47 |
Singapore | 3.62 |
Germany | 3.77 |
France | 3.77 |
Netherlands | 4.39 |
Sweden | 3.33 |
Countries to Study Abroad
Here is a list of popular countries with top-ranked universities, perfect for international students seeking higher education abroad.
1-United States
The United States is the best university in its home country. These universities are known for offering the best education in undergraduate, graduate, and other degree programs. Most of the nation’s best universities are located in cities such as Boston, New York, Cambridge, Old Saybrook, and New Haven. B.Tech., B.Sc., BBA, MBA, MS, MFA, MBBS, etc. are some popular programs for international students to study in the USA.
Universities | QS Ranking 2023 (in World) |
Massachusetts Institute of Technology (MIT) | 1 |
Stanford University | 3 |
Harvard University | 5 |
California Institute of Technology (Caltech) | 6 |
University of Chicago | 10 |
University of Pennsylvania | 13 |
Princeton University | 16 |
Yale University | 18 |
Cornell University | 20 |
Columbia University | 22 |
2-Canada
The Great North has a slightly higher cost of living, but it offers low tuition fees, post-graduation work visas, and an excellent quality of life which make it an attractive place for international students to study in Canada. Canadian universities provide some of the best education globally, and the immigration process is more straightforward compared to the US, UK, and most European countries.
Universities | QS Ranking 2023 (in World) |
McGill University | 31 |
University of Toronto | 34 |
University of British Columbia | 47 |
University of Alberta | 110 |
Université de Montréal | 116 |
McMaster University | 152 |
University of Waterloo | 154 |
Western University | 172 |
University of Ottawa | 237 |
University of Calgary | 242 |
3-United Kingdom
The top universities in the UK provide exceptional education to foreign students. The tuition fees for their programs are affordable and easy to manage. Top-notch universities, superior education, low tuition fees, and reasonable housing costs are all compelling reasons to consider the UK as your study destination. Additionally, international students are eligible for scholarships in the UK while studying, which makes completing your degree in the UK more feasible.
Universities | QS Ranking 2023 (in World) |
University of Cambridge | 2 |
University of Oxford | 4 |
Imperial College London | 6 |
UCL | 8 |
University of Edinburgh | 15 |
University of Manchester | 28 |
King’s College London | 37 |
The London School of Economics and Political Science (LSE) | 56 |
University of Bristol | 61 |
University of Warwick | 64 |
4-Australia
The New South Wales region on Australia’s east coast is the center of all prestigious academic institutions. Most of the affordable country’s top colleges are in cities such as Sydney, Canberra, Brisbane, Melbourne and Perth. Accounting, Master of Business Administration (MBA), Healthcare, Information Technology and Hospitality Management are popular courses taken by Indian students in Australia.
Universities | QS Ranking 2023 (in World) |
Australian National University | 30 |
University of Melbourne | 33 |
University of Sydney | 41 |
University of New South Wales (UNSW Sydney) | 45 |
University of Queensland | 50 |
Monash University | 57 |
University of Western Australia | 90 |
University of Adelaide | 109 |
University of Technology Sydney | 137 |
University of Wollongong | 185 |
5-New Zealand
New Zealand is arguably the safest destination to study abroad. With world-renowned universities and an excellent education system, the country offers better opportunities and environments for Indian students. Most of her top colleges in the country are in cities like Wellington, Christchurch, Hamilton, and Napier Hastings. Auckland is the hub for all the popular universities in the country.
Universities | QS Ranking 2023 (in World) |
The University of Auckland | 87 |
University of Otago | 217 |
Victoria University of Wellington | 275 |
University of Canterbury | 284 |
Massey University | 292 |
University of Waikato | 331 |
Lincoln University | 368 |
Auckland University of Technology (AUT) | 486 |
6-Singapore
Singapore is becoming a global center for higher education in a safe environment. Thousands of international students apply to Singapore every year to study the best academic programs at affordable tuition fees. Top universities in the world and an excellent education system are the reasons to choose Singapore as your study destination.
Universities | QS Ranking 2023 (in World) |
National University of Singapore (NUS) | 11 |
Nanyang Technological University, Singapore (NTU) | 19 |
Singapore Management University | 561-700 |
7-Germany
Known as the ‘land of ideas’, Germany is becoming increasingly popular among international students. World-renowned universities include Heidelberg University, Technical University of Munich, Free University of Berlin, Ludwig-Maximilians-Universität Munich, and Humboldt-Universität Berlin. Tuition fees vary from INR 34,000 for the first year to INR 13.14 lakh. The average cost of living for an international student is around INR 3.77 lakh, depending on your standard of living and where you live.
Universities | QS Ranking 2023 (in World) |
Technical University of Munich | 49 |
Ludwig-Maximilians-Universität München | 59 |
Ruprecht-Karls-Universität Heidelberg | 65 |
Freie Universitaet Berlin | 118 |
Humboldt-Universität zu Berlin | 131 |
KIT, Karlsruhe Institute of Technology | 141 |
RWTH Aachen University | 147 |
Technische Universität Berlin | 158 |
Eberhard Karls Universität Tübingen | 169 |
Albert-Ludwigs-Universitaet Freiburg | 189 |
8-France
Tuition fees for undergraduate, postgraduate, and other degree programs range from INR 11,820 to INR 20.95 lakh for the first year. Students can apply for admission to leading French universities such as Ecole Normale Superieure, Ecole Polytechnique, Pierre and Marie Curie University. Courbevoie, Grenoble, Lille, Lyon, Nantes, Paris and Rennes are among the most popular French study destinations.
Universities | QS Ranking 2023 (in World) |
Université PSL | 26 |
Institut Polytechnique de Paris | 48 |
Sorbonne University | 60 |
Universit Paris-Saclay | 69 |
École Normale Supérieure de Lyon | 111 |
Ecole des Ponts ParisTech | 174 |
Université Paris Cité | 248 |
Sciences Po | 259 |
Université Paris 1 Panthéon-Sorbonne | 300 |
Université Grenoble Alpes | 317 |
9-Netherlands
The cost of living in the Netherlands for international students is affordable at INR 4.39. Most of the country’s best universities are located in cities such as Wageningen, Groningen, Leiden, Maastricht and Nijmegen. Space and Aviation Education, Engineering, Business Administration, Arts, History, Tourism and Hotel Management are popular courses taken by Indian students in the Netherlands.
Universities | QS Ranking 2023 (in World) |
University of Amsterdam | 58 |
Delft University of Technology | 61 |
Utrecht University | 112 |
Wageningen University & Research | 124 |
Leiden University | 134 |
Eindhoven University of Technology | 138 |
University of Groningen | 145 |
Erasmus University Rotterdam | 208 |
University of Twente | 212 |
Vrije Universiteit Amsterdam | 214 |
10-Sweden
Sweden has world-renowned universities that offer the best academic programs to their students. Foreign students can easily apply for admission by following the simple procedures mentioned by Swedish universities. Most of the country’s best universities are located in cities such as Dublin, Limerick and Galway. Languages and Literature, Business Administration, Medical Studies, Nursing and Social Sciences are the most popular majors among Indian students in Ireland.
Universities | QS Ranking 2023 (in World) |
KTH Royal Institute of Technology | 89 |
Lund University | 95 |
Chalmers University of Technology | 125 |
Uppsala University | 128 |
Stockholm University | 153 |
University of Gothenburg | 185 |
Linköping University | 320 |
Umea University | 369 |
The above list is some of the top and most affordable countries in the world where students can get affordable education. Students can access a full list of colleges and easily apply for admission for their tuition fees.
Frequently Asked Questions: Most Affordable Countries to Study Abroad
Countries like Germany, Norway, Finland, and Austria are known for offering low or no tuition fees at public universities for international students.
While tuition fees are a significant consideration, the cost of living, including accommodation, food, and transportation, varies widely. Countries like Malaysia and India offer relatively lower living costs compared to cities like London or New York.
Yes, many of these countries offer scholarships, grants, and financial aid programs specifically designed for international students to help cover tuition fees and living expenses.
While some countries might require proficiency in their local language for certain courses or universities, many institutions offer programs taught entirely in English, especially at the postgraduate level.
The application process varies by country and institution. Generally, you’ll need to research universities and their specific requirements, which may include academic transcripts, standardized test scores, recommendation letters, and a statement of purpose.
Many countries allow international students to work part-time during their studies to support themselves. However, the number of hours and types of jobs permitted can vary, so it’s essential to check specific regulations.
Apart from tuition fees, consider factors like the cost of living, potential scholarships, job opportunities, and post-study work visas. It’s crucial to evaluate both short-term expenses and long-term benefits when making your decision.
Visa requirements vary by country and often depend on the duration and nature of your study program. Generally, you’ll need proof of acceptance from a recognized institution, financial stability, and valid travel documents. Always consult the respective country’s embassy or consulate for precise details.
Many affordable countries offer internships, co-op programs, or practical training opportunities that allow students to gain hands-on experience in their respective fields. These experiences can enhance your resume and provide valuable industry insights.
Staying informed is crucial. Regularly monitoring university websites, official government portals, and educational forums, and consulting with academic advisors or international student offices can help you stay updated on any changes or opportunities.
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