If you and your kids have plans to get the higher education abroad, we are pretty sure you are already was thinking about the cost of training.
Before you start to calculate, take into consideration not just fulfilling budget of obtaining training itself but also for the cost of living, travel, food, and small purchases. For example, when you consider your student will travel back home during school breaks, do not forget about the cost of traveling home.
First of all, you need to determine the educational institution, before all calculation. After all, the criteria, such as the type of curriculum, specialty, course, program, type of educational institution and the country in which it is located, are will affect the final amount. Do not forget about the intensity of the curriculum, cost of additional services.
After the country, education institution, and area of study are chosen, do the additional search for extra tuition fees, that may be required or not. Be sure you got the answer about the cost of health insurance, food, student fees, travel (including abroad), others. Accommodation in some facilities may be included in tuition fees, while others do not. Therefore, it is so important to know in details not only the cost of training but also those, included in this list.
There are also educational institutions that are ready to teach foreign students free of charge in Europe. But training provided in their national language. For example, in the Czech Republic and Germany, all foreign students can study free of charge, but they need to pass a language test at the level of at least B2.
A lot of factors have an impact on the cost of living, but most influential are:
Foreigners mostly prefer to study at universities in Canada, the United Kingdom, and the United States, according to statistics. Thus, for the entire period of study in America (4 years), the average cost of living is $8,350. The cost of studying for one year at a public educational institution is $10,210, in private — more than twice: $23,940. Hence, for 4 years of study, the public universities will have to pay an estimated $80,870, in private — $137,010.
The cost of studying in Canada over 4 years is almost the same as in the UK, for only 3 years: $55,090 and $56,960 respectively. The cost of living in Canada is $6,910, in England — $8,780. The cost of one year of study in the UK is $10,210 in Canada — $6,100.
There are also a number of countries that are ready to accept foreign students without requiring a sum of money in Europe. The advantage of such universities is that the cost of food and accommodation in such countries is much lower.
An exception will be only Switzerland, where the cost of training from 1,500 to 6,000 euros per year, for food and accommodation you will have to spend a lot of money because the living cost in this country is really very expensive.
The list of the most expensive countries includes England, Denmark, the Netherlands, Sweden, Denmark, and Ireland. The cost of living in these countries goes from 8 to 15 thousand euros per month. For training, you will need to pay from 8 to 15 thousand euro each year.
In recent years, Chinese and South Korean universities have been really popular. So, for a year of study in China, you will have to pay for the from 8 to 12 thousand euros. Living expenses not too costly, you will have to spend just $ 500-800 a month.
Exactly similar rates for studying in South Korea. There for a year of study at a prestigious university, you will have to pay from 6 to 12 thousand dollars. Housing and food will cost an average of $700 a month.
In addition to paying tuition, you need to spend money on your own needs too. Considering that the student will study abroad, then the costs will be quite large. Let’s try to calculate the budget a scholar for his/her individual needs.
The cost will usually vary for each country. We have already mentioned that the United States and Great Britain is the most expensive countries to study and live in. Therefore, on the example of these countries, as well as Canada and Germany, we will try to calculate the expenses of students during studying.
Harvard and MTI (Massachusetts) are the most prestigious, and therefore the most expensive in the United States. Students pay tuition, insurance, and accommodations.
Also, the final account is the student’s lifestyle. After all, to live on campus is much cheaper, and more convenient.
The most expensive cities in the United States are San Francisco (California) and New York (NY).
Cost of living in San Francisco is $43,000 per year. To live in New York, you need to spend more than $40,000 to cover your expenses.
The estimated cost of housing, food and personal needs per month
Housing (rent): $ 500-15000 (definitely rent in Manhattan higher than in Bronx or Brooklyn);
Public utilities: $500- $1,000;
Transport: The cost of a monthly ticket is $75.
Food: $ 20-40 per day;
Fast Food Visit — $12.
The most expensive universities in the UK are Cambridge and the Imperial College in London. It is well-known that living in England is very expensive. But for foreign students at the state level, there are various discounts, for example, for public transportation or apartment rent.
The most popular city of students in Belfast. It’s much cheaper to live here than in the capital. Approximately $370 per week for food and housing.
Costs of food and accommodations per month:
Housing (rent): $ 850-1000;
Public utilities: $80;
Transport: The cost of a monthly ticket is $60;
Fast food visit — $8.
On average, you will have to spend up to 7 thousand dollars per semester.
Unlike the United States and England, the cost of living in Canada is much lower. Of course, there are expensive cities like Montreal or Toronto, where one week of life costs $1,000.
Estimated spending on housing, food, and needs per month:
Public utilities: $300.
Transport: The cost of a monthly ticket is $90.
Meal in a cafe: $7.
Dinner cost: $13.
Be sure you can afford to spend an average of 7,500 to 1,900 dollars to study one year in Canada.
Each year, about 11% of foreign students study in this country. The cost of studying in Germany is much lower than in all the countries listed above. For students, there is a compulsory fee, which for the semester is 500 euros.
Although it is relatively inexpensive to live in Germany, however, it is still more expensive to live in big cities than in small towns. Quite numerous residents and guests of the country use bicycles to save on travel expenses.
What is the cost of living for per month in Germany?
Housing (rent): $ 260-630;
Public utilities: $240;
Transport: The cost of a monthly ticket is $72.
Food: $45 per week.
Fast food visit — $9.
One semester of studying in Germany can cost an average of $4,000.
We hope that this information is useful for you and will help you better understand the cost of studying and living in different countries. And we have a bonus news for you: there are numerous grants and scholarship programs available in almost every country.
Follow our news and subscribe to our Facebook group to be updated with interesting facts and life of higher education all over the world.comments powered by HyperComments