Most Affordable Countries to Study Abroad

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Rahul
Rahul Singha
Study Abroad Expert
Updated on Apr 27, 2023 16:50 IST

Most Affordable Countries to Study Abroad

Cheapest countries to study abroad: While planning to study abroad, it is necessary to check the finances. The cheapest countries to study abroad are the preferred choice among international students. So many countries offer programs at affordable tuition fees. There are some popular countries like the USA, UK, Canada, Australia, etc. have some world-ranked universities declared by prestigious ranking sources like Times Higher Education, US News, and QS World University Rankings, among others.

Affordability is based on the tuition fee and the living cost in the country. So many top-ranked universities abroad located in popular countries offer high-quality education to international students at reduced costs. Continue with this article to get complete information about the tuition fee of the program and the living cost of some world’s most popular countries.

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Cheapest Countries to Study Abroad by Tuition Fees

Students are looking to study abroad at low tuition fees. The fees of the program vary according to the different universities, locations, and programs. Students get scholarships at abroad universities to complete the degree on a limited budget. Below we have mentioned the average first-year tuition fee for students who are planning to study across the cheapest countries abroad.

Courses

MBA

(in lakh)

MS

(in lakh)

BE/B.TECH.

(in lakh)

Countries

USA

28.88

24.00

28.00

Canada

30.00

11.50

22.36

UK

20.50

21.50

19.00

Australia

21.97

22.56

21.50

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

Ireland

12.32

11.86

10.98

Sweden

NA

11.49

9.64

(Source: studyabroad.shiksha.com)

Living Cost

On average, students are required to spend approx. $10,000-$12,000 yearly on living expenses. The living cost depends on the location that students select to study abroad. The cost of living is a big concern for so many students. If a student decides to reside in a metropolitan city, he would be spending more than a student who opts for a hostel or suburban accommodation. The living expenses generally include the accommodation costs, hostel, food, travel, study material, clothing, and entertainment expenses as well. Keeping these factors in mind we have mentioned below the average cost of living for students wanting to travel abroad.

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

Ireland

NA

Sweden

3.33

(Source: studyabroad.shiksha.com)

Know all about reducing your cost of studying abroad in the video below:

Countries to Study Abroad

We have below provided the list of popular countries with their top-ranked universities and other information. These countries are popular among Indian students who are traveling abroad for higher education.

United States of America

The United States of America is the home world’s top-ranked universities. These universities are known for offering the best education in undergraduate, postgraduate, and other degree programs. Most of the best colleges in the country are situated in cities like Boston, New York, Cambridge, Old Saybrook, New Haven, etc. 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

(Source: QS)

Canada

The Great North is a little bit expensive to live in, but the low tuition fee, post-study work VISA, quality of life, etc. attracts foreign students to study in Canada. Canadian universities offer the best education in the world and the immigration process is far simpler than in 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

(Source: QS)

United Kingdom

Top universities in the UK offer excellent education to foreign students. The tuition fee of the programs are affordable that is easily be managed by the students. Top-ranked universities, better education, low tuition fees, affordable living, etc. are the reason to select the UK for study abroad. Students get scholarships in the UK during their studies, which makes it easier for foreign students to complete their degrees in the country.

Universities

QS Ranking 2023 (in World)

University of Cambridge

2

University of Oxford

4

Imperial College London

6

UCL

8

The University of Edinburgh

15

The University of Manchester

28

King's College London

37

The London School of Economics and Political Science (LSE)

56

University of Bristol

61

The University of Warwick

64

(Source: QS)

Australia

The area of New South Wales on the east coast of Australia is the center of all its renowned academic institutes. Most of the best colleges in the country are situated in cities like Sydney, Canberra, Brisbane, Melbourne, and Perth. Accounting, Master of Business Administration (MBA), Health Care, Information Technology, and Hotel Management are the popular courses that Indian students pursue in Australia.

Universities

QS Ranking 2023 (in World)

Australian National University

30

The University of Melbourne

33

The University of Sydney

41

The University of New South Wales (UNSW Sydney)

45

The University of Queensland

50

Monash University

57

The University of Western Australia

90

The University of Adelaide

109

University of Technology Sydney

137

University of Wollongong

185

(Source: QS)

New Zealand

New Zealand is undoubtedly the safest destination to study abroad. With globally ranked universities and an excellent education system, this country offers better opportunities and environments to Indian students. Most of the best colleges in the country are situated in cities like Wellington, Christchurch, Hamilton, Napier-Hastings, etc. Auckland is the hub of all the popular higher education institutions 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

(Source: QS)

Singapore

Singapore becoming the global of higher education in a safe and secure environment. Every year, so many foreign students apply to study in Singapore to learn the best academic program at an affordable tuition fee. Top-Ranked universities in the world and an excellent education system are the reason to select Singapore for studying abroad.  

Universities

QS Ranking 2023 (in World)

National University of Singapore (NUS)

11

Nanyang Technological University, Singapore (NTU)

19

Singapore Management University

561-700

(Source: QS)

Germany

Known as the ‘land of ideas’, Germany is continually gaining popularity among international students. It has world-reputed universities like Heidelberg University, Technical University of Munich, Free University of Berlin, Ludwig Maximilian University of Munich, and the Humboldt University of Berlin. The tuition fees vary from INR 34,000 to INR 13.14 lakh for 1st-year. The average living cost for foreign students is around INR 3.77 lakh and it may vary depending on your living standard and location.

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

(Source: QS)

Know all about Studying Abroad on a Budget across affordable countries in the world:

France

The Tuition fees for undergraduate, postgraduate, and other degree program is around INR 11,820 to INR 20.95 lakh for 1st-year. Students can apply for admission to study at top universities in France like Ecole Normale Superieure, Ecole Polytechnique, Pierre-and-Marie-Curie University, etc. Courbevoie, Grenoble, Lille, Lyon, Nantes, Paris, Rennes, etc. are the popular locations to study in France.

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

(Source: QS)

Netherlands

Netherland has an affordable living cost of INR 4.39 for international students. Most of the best colleges in the country are situated in cities like Wageningen‎, Groningen, Leiden, Maastricht, and Nijmegen. Space and Aviation teaching, Engineering, Business Studies, Art, History, Tourism, and Hotel Management are the popular courses Indian students pursue 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

(Source: QS)

Ireland

Ireland provides the safest environment for foreign students who came to study in the country. The top universities in Ireland follow the excellent education system and provide better opportunities to students. The tuition fee for undergraduate, postgraduate, and other degree programs is affordable. The living cost in Ireland is also low for foreign candidates.

Universities

QS Ranking 2023 (in World)

Trinity College Dublin, The University of Dublin

98

University College Dublin

181

National University of Ireland Galway

270

University College Cork

303

Dublin City University

471

University of Limerick

531-540

Maynooth University

801-1000

Technological University Dublin

801-1000

(Source: QS)

Sweden

Sweden is the home of world-ranked universities that offer the best academic programs to students. Foreign students can easily apply for admission by following the easy process mentioned by the Sweden Universities. Most of the best colleges in the country are situated in cities like Dublin, Limerick, and Galway. Language and Literature, Business Studies, Medical courses, Nursing, and Social sciences are the popular courses Indian students pursue 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

(Source: QS)

Above are some of the major countries in the world where students get an affordable education. Students can access the entire list of universities with their tuition fees and apply for admission easily without any problem.

Also Read

About the Author
Rahul Singha
Study Abroad Expert

With over 8 years of experience in overseas education, Rahul Singha has been previously associated with prominent education houses. He is also responsible for keeping a sharp eye on education policies of major study... Read Full Bio

Comments

(113)

G

GOOD FOOD

4 weeks ago

Hello .i am from india Currently doing 1st yeae of Bachelors from hbtu kanpur ( A+) I wanted to pursue B.Tech from germany with a 100% scholarship.is it possible? 12th - 75.5% 10th -86.1% Consider me as I have german B2 proficiency and IELTS qualified Then?

Reply to GOOD FOOD

S

Shruthi

2 months ago

I'm a single mom with 3 year old kid can I study Master's abroad alone with her and I'm from India

Reply to Shruthi

R

Rahul SinghaStudy Abroad Expert

a month ago

Hello Shruthi. How do you plan to study abroad and take care of a 3-year-old baby without a support system?

s

sonakshi Balhara

5 months ago

Hello Rahul, I am planning to do Masters in Logistics and supply chain in a country where fees is cheap and can get scholarship. Awaiting response.

Reply to sonakshi Balhara

R

Rahul SinghaStudy Abroad Expert

a month ago

Hello Sonakshi. You can get in touch with our Shiksha Study Abroad counsellors for assistance with university admissions. Request a call back here: https://www.shiksha.com/studyabroad/apply

C

Christopher

8 months ago

Hi Rahul i need to study my Master's in countries like Norvey, Italy,or any other countries wer i can get free education without any tution fees can u plz help me

Reply to Christopher

A

Anirudh Barbude

3 months ago

try germany

R

Rahul SinghaStudy Abroad Expert

6 months ago

Hello Christopher. Most public universities abroad provide free of cost education to their citizens. This is one of the benefits they enjoy as a taxpayer. So if you are applying as an international student you will need to look for scholarships and education grants that would help you in the reduct

...more

I wanted to study b.tech in abroad country's which are giving free education, can you help me

Reply to Jithendra Basireddy

R

Rahul SinghaStudy Abroad Expert

8 months ago

Hello Jithendra. You can get in touch with our Shiksha Study Abroad counsellors for assistance with university admissions here: https://studyabroad.shiksha.com/apply However, do note that tuition fees of universities are competitive in nature and a 100% scholarship is difficult.

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