An international degree and global exposure can make your resume stand out. However, not everyone can afford to study abroad while bearing all the expenses. Fortunately, there are a few options to study abroad for free or at a relatively lower cost.
Here are some ways through which you cut down the cost of pursuing foreign studies.
1. Affordable Programs
With the increasing fees of universities, you may find it impossible to get a recognized degree that also fits your budget. However, several foreign universities provide free or affordable educational programs to students from different parts of the world.
Many public universities in Germany provide a wide range of cost-effective study abroad programs. France, Norway, and Denmark, among other European countries, also provide affordable educational opportunities to foreign students.
2. Scholarships And Grants
You must strongly consider opting for scholarship programs to save yourself from unwanted financial distress. Mentioned below are a few scholarship programs and student grants that cover a huge chunk of your expenses of studying abroad.
| Sr. No. | Scholarship and Grants Reward |
| 1 | Erasmus Mundus’ Joint Master’s
Covers all tuition fees and living expenses Degrees Scholarship |
| 2 | Fulbright Foreign Student
Covers tuition fees, airfare, etc Scholarship Program |
| 3 | QS Scholarship Programs Awards $10000/year for undergraduate programs, post-graduate programs, or Ph.D.
programs |
| 4 | Clarendon Scholarships Get directly admitted to Oxford University covering both tuition fees and college fees |
| 5 | American Association of
Offers $2000 to $30000 University Women Funding & Awards |
| 6 | Churchill Foundation Scholarship Offers $60000 |
7 Eastern Europe Study Abroad Scholarship
Edited and approved by Deepika Naik.
Offers $7000 per semester
| 8 | Adelaide Scholarships
Covers fees, health insurance, and offers International Scholarship Program stipend |
| 9 | Rotary International Scholarships
Offers $25000 & Grants |
Many different scholarship programs and grants also cover additional expenses, such as tuition fees, living expenses, health insurance, and travel costs.
3. Student Exchange Programs
Numerous countries and universities have signed a student exchange program with different universities across the globe. Public universities in Germany offer courses with a zero tuition fee through a student exchange program.
For more details, you can check out the official website of the Ministry of Human Resources and Development of the country you live in.
4. Assistant ships
The students who wish to study abroad and pursue a master’s program or Ph.D. program are offered financial assistance in the form of assistant ships classified as graduate assistants, research assistants, and teaching assistants. These students are responsible for supporting their respective universities while pursuing their courses.
5. Bursaries
Bursaries are the rewards that are offered based on financial needs. Many international colleges and universities offer monetary assistance in the form of bursaries. Hence, you can rest assured to study abroad at a relatively lower cost.
6. Work And Study Abroad Programs
Several foreign universities also offer a ‘work and study abroad program’. In this program, the students need to work for the universities or any other institutions that have collaborated with their respective universities. Apart from this, students can also opt to work part-time or do paid internships. To help you get started on your academic and work journey, visit areaguides.net to explore the city you’re moving to!