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Posted by : Shreyasee Sarkar

Author Designation : Junior Counselor

Top 8 cheapest countries to study abroad for Indian students in 2024

For Indian students, studying overseas opens up a world of job options. A degree earned abroad enhances your career, exposes you to different cultures, and aids in your personal growth. However, studying abroad is still a faraway dream for more than 50% of Indian students who come from middle-class families.

Tuition costs, living costs, medical costs, and a number of other expenses all add to the cost of studying abroad. Although taking out loans and applying for scholarships are two options, not everyone is qualified for these financial aid program

We have developed a list of the least expensive nations for Indian students to study abroad, keeping all of these criteria in mind.

Students looking to study overseas can fulfil their learning aspirations on a budget. Let’s explore the cheapest countries to study abroad, offering the lowest tuition fees and affordable living costs. These countries are renowned to provide world-class education at moderate prices, and they also support international students with scholarships and financial aid. Several universities and cities from these countries have earned rankings in the QS World Universities Ranking 2024 and QS Best Student Cities 2024 respectively.

1.Norway

Regardless of socioeconomic level, everyone should have access to education, according to the Norwegian government. With its stunning fjords, Aurora Borealis, and an excellent reputation for research, Norway is the perfect destination for any international student. The educational experience in Norway is unique, and Norwegian universities accept applications from qualified students from all around the world.

Cost of Living (Per Month) - NOK 7,000 To NOK 9,000 (Approx. ?54,302 to ?69,817) (basis the exchange rate as on 8 May 2023)

Tuition Fees - Applicants from countries outside the EU/EEA and Switzerland/EFTA applying for a degree starting autumn 2023 must be prepared to pay tuition fees in Norway, A student will not have to pay tuition fees as an exchange student. If the student started their degree studies in Norway before 2023 - meaning if they are in their second year in autumn 2023.

Safety and Security - Norway is one of the world's wealthiest, healthiest, and most secure nations. It also ranks highly in education and health care. This attractive nation offers a high standard of living.

2.Taiwan

Taiwan, which has one of the world's top high-tech sectors, is a growing study-abroad destination. You can study many other subject areas if the technology industry is not for you. Taiwanese institutions will welcome you because the island nation has prioritised drawing in more international students.

Cost of Living (Per Month) - EUR 680 to EUR 880 (Approx. ?61,440 to ?79,510) (basis the exchange rate as on 8 May 2023)

Tuition Fees – Tuition Fees in Taiwan can range from US$800 - $15,000 per year.

Safety and Security - Taiwan is more of a safe place to live and study than other places globally since it is a peaceful nation with a stable government. It has a minimal risk of natural disasters and is ranked the 18th safest country in the world.

3.Germany

Indian students frequently choose Germany as their study-abroad destination. Germany provides free education to its residents and international students who wish to study there. 

Government - funded universities are those that provide free education. These universities typically charge a semester-based contribution of between 150 and 250 euros. Due to its diversified population and safety, Germany offers better adjustment for Indian students.

Cost of living (Per Month) - EUR 800 To EUR 1,000 (Approx. ?72,188 to ?90,236) (basis the exchange rate as on 8 May 2023)

Tuition Fees - Germany offers free education with a semester-wise contribution of EUR 150 to EUR 250.

Safety and Security - There is no need to be excessively concerned because Germany is generally a safe place. You can be confident that you won't need to take additional safety precautions in everyday life given the significant number of international students that enrol in German universities each year.

4.France

In addition to having world-class colleges, France offers a wide variety of courses for individuals interested in pursuing higher education at any level. Over 1,360 courses offered by Campus France, the national organisation for promoting French higher education abroad, are taught in English.

Cost of Living (Per Month) - EUR 400 To EUR 1,200 (Approx. ?36,094 to ?1,08,283) (basis the exchange rate as on 8 May 2023)

Tuition Fees – For tuition fees in France, the state covers two-thirds of education expenses. The student will be needed to pay the following as their entire registration fee:

  • At the licence (bachelor's) level, EUR 2,770 per year.
  • At the master's level, EUR 3,770 is paid annually.

Suppose the student begins a doctoral degree programme at the start of the 2022 academic year. In that case, the French government will continue covering most of their educational expenses until they have finished their degree programme. The cost of education in 2022–2023 is EUR 380. There are no new, varied tuition prices for PhD candidates who are not EU citizens.

Safety and Security - For students, France is a secure country. The government offers numerous resources to keep kids secure, and the crime rate is low. In France, there are a lot of institutions and colleges with services and programmes to keep students safe.

5.Mexico

The structure of higher education in Mexico is comparable to that of universities in Europe and the US, with bachelor's degrees requiring four years to finish, master's degrees taking two years, and doctorates taking three years. In terms of the region, Mexico is home to many of the best universities in Latin America. 

Cost of Living (Per Month) - MXN 18,200 (Approx. ?83,767) (basis the exchange rate as on 8 May 2023)

Tuition Fees - Tuition fees in Mexico are inexpensive for undergraduates. One year's tuition can be as little as 380 MXN (17 USD), while a private university student will typically spend between 1600 MXN (74 USD) and 16300 MXN (747 USD) every semester. Public institution students must pay between 1,000 MXN (45 USD) and 2,500 MXN (115 USD) for their postgraduate degrees each academic year. A master's degree at a private university may cost about 34,000 MXN (1,560 USD) every semester.

Safety and Security - While some news reports and statistics may be unsettling, the threat to students is minimal, so there is no need to let it interfere with your enjoyment. Crime is one of Mexico's most pressing problems. As you may have recently heard in the news, Mexico is also vulnerable to calamities like hurricanes and earthquakes. It's crucial to keep informed about the regions and places where these natural catastrophes occur to avoid being affected.

6.Argentina

With 39 institutions listed in the QS Latin America University Rankings 2018, Argentina is not only one of the most sought-after destinations for students in Latin America but also one of the regions with the fastest-growing university populations. The following universities have grown significantly, primarily due to the nation's economic boom in the early 21st century. They are now regarded as some of the best on the continent.

Cost of Living (Per Month) - USD 1,000 per month. (Approx. ?81,765) (basis the exchange rate as on 8 May 2023)

Tuition Fees - The governmental higher education institutions in Argentina do not charge a tuition fee for their programmes or courses, but private higher education institutions do. The cost varies according to the programme, level, and higher education institution, the tuition fees in Argentina ranges from 8,000 to 24,000 pesos annually.

Safety and Security - Argentina is one of the safest places in South America to study. Buenos Aires is generally a safe city. However, as in any large city, there are occasional crime cases.

7.Poland

Poland is one of the best places in Europe to study, and many options are available based on your academic objectives. You must pay the tuition for studying in Poland as an Indian student because India is not an EU member.

Cost of Living (Per Month) - 1,800 PLN (Approx. ?35,543) (basis the exchange rate as on 8 May 2023)

Tuition Fees - A bachelor’s degree in Poland costs EUR 2000 annually. A postgraduate degree costs EUR 3000 annually. Specialist, postdoctoral, and scientific internships costs EUR 2000 annually. Finally, it costs EUR 2000 annually for a preparatory Polish language course to begin studies in Polish.

Depending on the institution and study programme, tuition fees in Poland range from EUR 2000 to EUR 6000 per year (for MBA programmes, this varies from EUR 8000 to EUR 12,000 annually).

Safety and Security - Most travellers to Poland have no issues. While incidents of serious crime against foreigners are relatively infrequent, they do happen. Additionally, you should be aware that street crime and small-scale theft may occur and that foreigners may seem easy targets.

8.Denmark

Danish people are renowned for creating a cosy atmosphere for others. The Danish educational system is famous for its cutting-edge methodology, and its degrees are respected worldwide. Due to its low crime rates, Denmark is regarded as one of the safest nations to study in.

Cost of Living (Per Month) - EUR 800 To EUR 1200 (Approx. ?72,278 to ?1,08,283) (basis the exchange rate as on 8 May 2023)

Tuition Fees - Depending on the programme, tuition fees in Denmark can be anywhere from EUR 6,000 and EUR 16,000 each year.

Safety and Security - Because Danish citizens tend to be more reserved, Denmark is a safe country for Indians. They don't socialise much, yet they are always kind and helpful. If you need help and require instructions, many of them will offer to assist you. Women are treated equally to men in Denmark, one of the safest and happiest countries in the world. Indian immigrants benefit from a high standard of life and a safe and secure environment in Denmark.

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