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Cheapest Countries To Study Abroad

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“So we know that it’s not enough for us to simply encourage more people to study abroad.  We also need to make sure that they can actually afford it.”

-Michelle Obama

Here is where the difference lies. Thinking of studying abroad and actually going for it, have a difference. No doubt, shifting to some other country for higher education has many benefits as it gives you exposure, freedom,  and cultural exchange. But, its execution is a daunting task. Giving this decision a judgement call is just the beginning, while the real battle starts later.

When choosing to study abroad, the foremost things to decide are the course and the country. And the major influencing factor  here is the “cost.”And if not planned wisely, it can lead to a lot of problems.

So, on the basis of affordability, following are the cheapest cities to study abroad;

  1. Kuala Lumpur, Malaysia
  2. Warsaw, Poland
  3. Hsinchu, Taiwan
  4. Berlin, Germany
  5. Taipei, Taiwan
  6. Munich, Germany
  7. Vienna, Austria
  8. Mexico City
  9. Valencia, Spain
  10. Toulouse, France

FairFx, a travel money company, ranked Norway as the cheapest country to study abroad. It was marked as the most affordable country of 2016 concerning annual tuition fees, living costs, and the world ranking in the top 200 universities by the Times Higher Education (THE) World University Rankings – 2016.

Cheapest Countries To Study Abroad

“A three-year course in the UK will cost a student around £63,000 in tuition fees and living costs – three times the amount of a deposit on a new house.”

-Darren Kilner, FairFX currency expert

Key Takeaways

The highlights of the report are;

  • Norway, Russia, and Luxembourg are the cheapest countries to study abroad for the students.
  • As per the exchange rate, New Zealand provides the best value for money to study abroad. It is 20% cheaper compared to 2 years ago.
  • Norway is ten times cheaper than the UK on the basis of annual average tuition fees combined with living costs.
  • UK came out to be the most expensive place to go for study abroad after US, Singapore, South Korea, and Australia.
  • Education in China & France is cheaper than Brazil and New Zealand.

While the education cost seems to be rising everywhere around the world, these were the countries that can be pocket-friendly for you. 

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