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How much does it cost to study abroad in 2023?
We have all the answers!
Enrolling overseas is a rewarding experience that provides many advantages. The question is, does your budget allow you to study outside your home country? How much money do you need to save?
Let us guide you with your semester or year study abroad plans. We listed various expenses to consider before enrolling in exciting locations globally.
Moreover, we will introduce the fastest, easiest, and most affordable way to study abroad in 2023!
Benefits of studying abroad
Before we discuss the cost to study abroad, here are the proven advantages experienced by many during their education overseas:
Builds your confidence, self-reliance, and maturity
Planning overseas education makes you self-reliant as you must personally budget the cost to study abroad effectively.
Moreover, as you will be living in a foreign country, it specifically develops your confidence and maturity.
Boosts your professional possibilities globally
Aside from returning to your home country after graduation, you can also work in any part of the world. Studying abroad indeed opens your opportunities globally, and you will certainly crave more international experiences after finishing an educational program.
Gain a renewed and proper perspective on different issues
Total immersion provides a fresh, unbiased view of a country and its citizens. More importantly, you can establish meaningful connections with the locals and help you lessen the cost to study abroad. Your new friends can recommend affordable options in housing, transportation, and more.
More proven benefits of enrolling overseas make the cost to study abroad ultimately worthwhile.
The cost to study abroad: Various expenses you must consider
After discussing the advantages of enrolling outside your home country, let us examine the items included in the cost to study abroad.
Application fees– The majority of international learning institutions require you to pay an application fee that starts from $50 or more.
Visa and immigration fees- Another cost to study abroad is the fee for visa and immigration. The price varies in the country where the university is located.
To learn more about general visa applications in Asian countries, click HERE.
Plane ticket- the price of airfare generally varies on factors such as route, class of service, airline company, and time of year. For example, for a 12-hour flight, expect to pay roughly $500 or more. To save on airfare, use online apps such as Skyscanner, TravelPerk, and Momondo.
To help you effectively manage the cost to study abroad, try our Budgeting Tool. It specifically assists you in calculating your expenses while enrolled overseas.
TIP: If you are on a budget, read the cheapest countries to study abroad in Asia to plan your expenses in advance.
The cost to study abroad: Location
Your preferred location plays an essential role in the cost to study abroad.
Below are the most favored places for international students and famous universities with tuition fees.
Popular places to enroll in Asia
Studying in Asia is guaranteed to be life-changing as it offers fascinating cultures and scenic spots to visit during school breaks. The cost to study abroad in Asia is worth it as you have many regions to choose from.
Indonesia
Universities in Indonesia and tuition fee
Warmadewa University – 2,190 EUR per semester
Udayana University -2,390 EUR per semester
Undiknas University – 2,190 EUR per semester
Malaysia
Universiti Putra Malaysia – 2,490 EUR per semester
Universiti Kuala Lumpur – 2,490 EUR per semester
Thailand
Kasetsart University – 2,190 EUR per semester
Siam University – 2,190 EUR per semester
Prince of Songkla University – 2,190 EUR per semester
China
Shanghai University – 2,490 EUR per semester
South Korea
Hankuk University of Foreign Studies – 2,490 EUR per semester
Hanyang University – 2,490 EUR per semester
Korean Language, Culture, and Business Immersion Program – 1,990 EUR per semester
Dong-A University – 1,990 EUR per semester
Taiwan
Shi Chien University – 2,190 EUR per semester
Vietnam
Foreign Trade University – 2,190 EUR per semester
Japan
Tokyo eCampus by Undiknas University – 1,990 EUR per semester
Popular places to study in Europe
The cost to study abroad in Europe is surely worth it, as you get to enjoy a world-class education from established universities. The following are some of the best and most affordable in the continent:
Portugal
The European University of Lisbon- 2,490 EUR per semester
Italy
The University of Cagliari- 2,190 EUR per semester
Ireland
American College Dublin- 2,490 EUR per semester
Popular places to study in the USA
The United States of America is generally known for its outstanding learning institutions offering specialized courses. Here are some of the best in the US:
Cuba
Cienfuegos University – 1,990 EUR per semester
Costa Rica
Latin America University of Science and Technology- 2,190 EUR per semester
Cancun
ANÁHUAC University – 2,490 EUR per semester
The Cost to study abroad: Living expenses
Asia
The cost to study abroad in Asia generally varies on the location you choose.
Studying in Japan will cost you $1,300 to $2,500 monthly. If you prefer China, the cost of living is approximately $900 to $1,700.
For a detailed list of the living expenses in South Korea for international students, click HERE.
Studying abroad in Bali costs around $1500 to $2000 monthly, while Malaysia, placing second among the most affordable student cities according to QS, costs around $970.
The monthly cost to study abroad in Vietnam is $1,300, while you need $1,500 to cover your necessities in Thailand.
EUROPE
As one of Europe’s most budget-friendly regions, living in Portugal will only cost you approximately $550 to $900 monthly. International students who pick Italy will spend $700 to $1,700 to live comfortably in Italy.
Finally, you need $700 to $1,200 as a global learner in Ireland.
USA
On the other hand, studying abroad in New York generally costs around $2,030 to $2,230 per month. Cuba is more affordable as you only spend $600 to $800 monthly.
The cost to study abroad in Costa Rica is around $1,000 to $1,500, while you need to allot $900 to $1,200 monthly if you prefer Cancun.
The cost to study abroad: Duration of study
The expenses to study overseas vary depending on the length and academic course you prefer. You may choose:
The Cost to study abroad: Your most affordable option!
Asia Exchange, the biggest and most international European study abroad destination company can help with your educational goals this 2023!
You may choose from in-demand academic programs such as:
Bachelor’s Level
Business, Economics, and Law
Humanities and Social Sciences
Sciences and Applied Sciences
IT and Engineering
Tourism and Hospitality
Agriculture and Forestry
Architecture, Art and Design
Master’s Level
Business and Economics
Humanities and Social Sciences
Sciences and Applied Sciences
IT and Engineering
To learn more about our study abroad programs, click HERE.
We offer fast, accessible, and the most affordable professional assistance to the mentioned international universities globally.
Schedule a free counseling session today, and together, we will start your exciting educational journey to your dream destination!
TIP: Read the 35 best study-abroad quotes for added inspiration!
To sum it up
The cost to study abroad is indeed worth it, as you will enjoy a refreshing environment that will make you grow in many positive ways. Imagine the exciting experiences waiting for you outside your home country!
To learn more about your dream study abroad destination, visit our Virtual Booth.
Moreover, you can read exciting stories of our global learners in the StudentExperiences section.
Finally, try our Destination Quiz to help you choose the perfect location to upgrade your education.
About the writer
Mark has been a professional content writer for four years. He is an expert in creating articles about education and studying abroad. His writings don’t only inform; he also wants to establish emotional connections with readers.
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