Top 15 Cheapest Countries to Study Abroad 2024

Top 15 Cheapest Countries to Study Abroad 2024

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Jasmine Grover Content Strategy Manager

Content Strategy Manager

Cheapest Countries for Indian Students Highlights:

  • Affordable Countries: Germany, Malaysia, France, Denmark, Canada, and Italy are affordable countries for Indian students to study abroad.
  • Tuition Fees: Germany and France have very low to free tuition fees, while Malaysia, Denmark, Canada, and Italy range from INR 4L to 40L per year.
  • Scholarships: Germany, Italy and France offer numerous scholarships and financial aid options for international students such as the DAAD Scholarship, Eiffel Excellence Scholarship Program, etc.
  • Famous Countries Among Indian Students: Germany and Canada are particularly popular among Indian students for their high-quality education and affordability.
  • Clinical Exposure: Countries like Germany, Canada, and Denmark are known for their advanced clinical training and research facilities.

Foreign education has always been a dream of many students throughout the world but a major setback has always been the high costs associated with studying overseas. Fortunately, there are several countries where one can get a quality education for a reasonable sum. These are some of the cheapest countries for Indian students from aspects like cost of living, cost of tuition and scholarships available.

Some of the options of cheap education are available in some countries such as France, Denmark, and Germany. By choosing one of these locations, you can minimise the amount of debt of student loans and your dependence on your family financially.



Average Tuition fees for the top 15 Cheapest Countries to Study Abroad

The tuition fees in the following tabulated countries are significantly lower on a yearly basis and many also offer some notable scholarships that can cover tuition, accommodation, and living expenses. Here are the average tuition fees for bachelor's and master's programs in the top 15 cheapest countries for Indian students looking to start their study abroad: journey:

Country Average Tuition Fees for Bachelors (per year) Average Tuition Fees for Masters (per year)
Germany INR 20L to INR 23L INR 35L to INR 37L
Malaysia INR 1.5L to INR 4L INR 4L to INR 9L
France INR 2.5L to INR 8.5L INR 9L to INR 15L
Denmark INR 5.5L to INR 14L INR 9.5L to INR 20L
Norway INR 6.3L to INR 9.1L INR 9.1L to INR 17L
Ireland INR 6.3L to INR 10L INR 12L to INR 25L
Canada INR 6.5L to INR 16.5L INR 10L to INR 30L
Sweden INR 7.2L to INR 13.5L INR 12L to INR 24L
New Zealand INR 7.8L to INR 9.3L INR 11L to INR 15L
Australia INR 9.5L to INR 23L INR 13L to INR 25L
Poland INR 2L to INR 3L INR 3.5L to INR 6L
Czech Republic INR 2L to INR 3.5L INR 3.5L to INR 7L
Hungary INR 2.5L to INR 4L INR 4L to INR 6.5L
Spain INR 4L to INR 7L INR 5L to INR 12L
Italy INR 1.0L to INR 3.63L INR 1L to INR 3L

Note: These are approximations, and the exchange rate between currencies varies between nations. These can change based on the particular university, the course of study, and the student's place of origin.


Cost of Living for the Top 10 Cheapest Countries to Study Abroad

In addition to tuition fees, the cost of living is an important consideration in determining affordability. These living expenses include room and boarding, food, transportation, clothing, internet access, study materials, and other miscellaneous items. The following is the average monthly cost of living in the top 15 cheapest countries for students:

Country Cost of Living per Month (Approx.) Cost of Living per Month in INR (Approx.)
Malaysia MYR 1,200 to 2,500 INR 21,000 to INR 44,000
Canada CAD 1,000 to 1,719 INR 62,000 to INR 1.04L
New Zealand NZD 800 to 1,666 INR 41,000 to INR 86,000
Sweden €700 to €1,400 INR 63,000 to INR 1.27L
Australia AUD 1750 to AUD 2,475 INR 97500 to INR 1.37L
Ireland around €1,000 INR 90,000
Germany €850 to €1,200 INR 77,000 to INR 1.08L
France €800 to €1800 INR 73,000 to INR 1.63L
Denmark €800 to €950 INR 72,000 to INR 86,000
Norway NOK 11,500 INR 90,000
Poland €300 to €500 INR 27,000 to INR 45,000
Czech Republic €300 to €650 INR 27,000 to INR 59,000
Hungary €500 to €700 INR 45,000 to INR 63,000
Spain €600 to €1500 INR 54,000 to INR 1.36L
Italy €700 to €1000 INR 63,000 to INR 90,000

Note: These figures are approximate, and the currency exchange rate depends on country to country.

Tuition and living costs are the primary drivers of affordability. Many of these countries' best universities provide low-cost, high-quality education to international students.


Top 10 Cheapest Countries to Study Abroad

Are you an Indian student looking to broaden your horizons and gain international exposure without breaking the bank? You're in luck! Several countries offer affordable and high-quality education, allowing you to achieve your dreams without the burden of high expenses.

Let's take a closer look at some of the most budget-friendly countries for Indian students to study abroad.

1. Germany

First up, we have Germany - a popular destination for aspiring engineers. Last year, over 34,000 Indian students chose to pursue their studies in Germany, and it's easy to see why. The country's education system is renowned for its free education policy, which applies to both domestic and international students. This means that Indian students can pursue their undergraduate studies in Germany without worrying about the financial burden of tuition fees. Of course, there are some exceptions to this rule. Students who wish to pursue a master's course in a subject different from their undergraduate program will need to pay tuition fees. However, the overall quality of education and opportunities available in Germany make it a desirable destination for students seeking a promising career in engineering.

Tuition Fees

At most public universities, tuition fees are not charged to students, making it one of the most economical countries in Europe to pursue higher education. However, you may need to pay application fees and processing charges. Here are the tuition fees in private universities in Germany:

Courses in Private Universities Tuition Fees per Year (Average)
Bachelors INR 20,00,000 to INR 23,00,000
Masters INR 35,00,000 to INR 37,00,000

Cost of Living

The cost of living in Germany typically ranges from INR 77,000 to INR 1.08L monthly, covering expenses such as food, transportation, clothing, internet-related services, study materials, and other miscellaneous costs.

Scholarships

Some of the scholarships that are available to all Indian students to study in German include:

  • DAAD Scholarship
  • Konrad Adenauer Stiftung
  • Einstein International Postdoctoral Fellowship
  • EMS Graduate Scholarship
  • Heinrich Boll Scholarship

Job Opportunities

Germany is also an excellent choice for students looking for job opportunities after graduation. As one of the biggest economies in Europe, Germany offers excellent job prospects in fields like engineering, IT, healthcare, management, and finance. With a highly skilled and diverse workforce, Germany has become a hub for innovation and entrepreneurship, attracting businesses from around the world. You can work part-time while studying and apply for a residence permit after graduation to seek employment in the country.

Universities

Universities in Germany are known for both their curriculum and infrastructure. Here is a list of the best tuition-free universities in Germany:

  • University of Stuttgart
  • University of Mannheim
  • University of Bremen
  • University of Cologne
  • University of Hamburg
  • The Technical University of Munich
  • Ludwig Maximilian University of Munich (LMU)
  • Humboldt University of Berlin

Courses

Some of the best undergraduate and graduate courses to pursue in Germany are:

  • Engineering
  • Medicine
  • Finance
  • Management (including MBA programs)
  • Humanities (including renowned business schools)

2. Malaysia

Malaysia is an increasingly popular study destination due to its affordable tuition fees and living costs. The country offers a diverse cultural experience and high-quality education.

Tuition Fees

Tuition fees on a yearly basis in Malaysia are as under:

Courses Tuition Fees per Year (Average)
Bachelors INR 1.5L to INR 4L
Masters INR 4L to INR 9L

Cost of Living

The cost of living in Malaysia typically ranges from INR 21,000 to INR 44,000 per month, covering all necessary expenses.

Scholarships

Scholarships such as the Malaysia International Scholarship (MIS) and university-specific grants are available to international students.

Job Opportunities

Malaysia allows students to work part-time during their studies, and graduates can find job opportunities in industries like engineering, technology, and business.

Universities

Top universities include:

  • University of Malaya (UM)
  • Universiti Kebangsaan Malaysia (UKM)
  • Universiti Putra Malaysia (UPM)
  • Universiti Sains Malaysia (USM)

3. France

France is known for its rich cultural heritage and excellent education system. It is an attractive destination for students seeking affordable education in Europe.

Tuition Fees

Tuition fees for bachelor's programs and master's programs per year as below:

Courses Tuition Fees per Year (Average)
Bachelors INR 2.5L to INR 8.5L
Masters INR 9L to INR 15L

Cost of Living

The cost of living in France ranges from INR 73,000 to INR 1.63L per month.

Scholarships

Scholarships like the Eiffel Excellence Scholarship Program and regional scholarships are available to international students.

Job Opportunities

France offers post-study work opportunities, especially in sectors like engineering, fashion, business, and arts.

Universities

Top universities include:

  • Sorbonne University
  • University of Paris
  • École Polytechnique
  • Sciences Po

4. Denmark

Denmark offers a high-quality education system with a focus on research and innovation. The country is ideal for students looking for an enriching study experience.

Tuition Fees

Tuition fees for bachelor's programs and master's programs per year are as below:

Courses Tuition Fees per Year (Average)
Bachelors INR 5.5L to INR 14L
Masters INR 9.5L to INR 20L

Cost of Living

The cost of living in Denmark ranges from INR 72,000 to INR 86,000 per month.

Scholarships

Scholarships like the Danish Government Scholarships and Erasmus+ are available to international students.

Job Opportunities

Denmark has a strong job market, particularly in sectors like engineering, IT, and biotechnology. Students can work part-time and stay back for job opportunities after graduation.

Universities

Top universities include:

  • University of Copenhagen
  • Aarhus University
  • Technical University of Denmark (DTU)
  • Copenhagen Business School (CBS)

5. Norway

Norway is known for its excellent quality of life and free education system. It is an ideal destination for students who value a balanced lifestyle.

Tuition Fees

Tuition fees at most public universities in Norway are free for all students, including international students. Private universities charge tuition fees, with bachelor's programs and master's programs ranges as below:

Courses Tuition Fees per Year (Average)
Bachelors INR 6.3L to INR 9.1L
Masters INR 9.1L to INR 17L

Cost of Living

The cost of living in Norway typically is around 90,000 per month.

Scholarships

Scholarships such as the Quota Scheme and various university-specific scholarships are available to international students.

Job Opportunities

Norway offers job opportunities in fields like engineering, energy, and maritime studies. Students can work part-time and apply for post-study work permits.

Universities

Top universities include:

  • University of Oslo
  • Norwegian University of Science and Technology (NTNU)
  • University of Bergen
  • Norwegian School of Economics (NHH)

6. Ireland

Ireland offers a welcoming environment and an excellent education system. The country is known for its friendly culture and high academic standards.

Tuition Fees

Tuition fees for bachelor's programs and master's programs per year are as below:

Courses Tuition Fees per Year (Average)
Bachelors INR 6.3L to INR 10L
Masters INR 12L to INR 25L

Cost of Living

The cost of living in Ireland is typically around INR 90,000 per month.

Scholarships

Scholarships like the Government of Ireland International Education Scholarships and university-specific scholarships are available to international students.

Job Opportunities

Ireland has a robust job market in sectors like IT, pharmaceuticals, and finance. Students can work part-time and apply for a post-study work visa.

Universities

Top universities include:

  • Trinity College Dublin
  • University College Dublin (UCD)
  • National University of Ireland, Galway (NUIG)
  • University College Cork (UCC)

7. Canada

Canada is a popular destination for its high-quality education system and diverse cultural environment. It offers excellent opportunities for international students.

Tuition Fees

Tuition fees for bachelor's programs and master's programs per year as below:

Courses Tuition Fees per Year (Average)
Bachelors INR 6.5L to INR 16.5L
Masters INR 10L to INR 30L

Cost of Living

The cost of living in Canada typically ranges from INR INR 62,000 to INR 1.04L per month.

Scholarships

Scholarships like the Vanier Canada Graduate Scholarships and university-specific grants are available to international students.

Job Opportunities

Canada offers numerous job opportunities, especially in sectors like IT, engineering, healthcare, and business. Students can work part-time and apply for a post-study work permit.

Universities

Top universities include:

  • University of Toronto
  • University of British Columbia (UBC)
  • McGill University
  • University of Alberta

8. Sweden

Sweden is known for its innovative education system and high quality of life. It is an attractive destination for students seeking a unique educational experience.

Tuition Fees

Tuition fees for bachelor's programs and master's programs per year as below:

Courses Tuition Fees per Year (Average)
Bachelors INR 7.2L to INR 13.5L
Masters INR 12L to INR 24L

Cost of Living

The cost of living in Sweden typically ranges from INR 63,000 to INR 1.27L per month.

Scholarships

Scholarships like the Swedish Institute Scholarships for Global Professionals (SISGP) are available to international students.

Job Opportunities

Sweden offers job opportunities in fields like technology, engineering, and business. Students can work part-time and apply for a residence permit after graduation.

Universities

Top universities include:

  • Lund University
  • Uppsala University
  • KTH Royal Institute of Technology
  • Stockholm University

9. New Zealand

New Zealand offers a welcoming environment and a high-quality education system. It is known for its stunning landscapes and outdoor activities.

Tuition Fees

Tuition fees for bachelor's programs and master's programs per year as below:

Courses Tuition Fees per Year (Average)
Bachelors INR INR 7.8L to INR 9.3L
Masters INR 11L to INR 15L

Cost of Living

The cost of living in New Zealand typically ranges from INR 41,000 to INR 86,000 per month.

Scholarships

Scholarships like the New Zealand International Scholarships are available to international students.

Job Opportunities

New Zealand has job opportunities in sectors like agriculture, engineering, and tourism. Students can work part-time and apply for a post-study work visa.

Universities

Top universities include:

  • University of Auckland
  • University of Otago
  • Victoria University of Wellington
  • University of Canterbury

10. Australia

Australia is known for its diverse and inclusive culture, high-quality education system, and excellent living standards.

Tuition Fees

Tuition fees for bachelor's programs and master's programs per year as below:

Courses Tuition Fees per Year (Average)
Bachelors INR 9.5L to INR 23L
Masters INR 13L to INR 25L

Cost of Living

The cost of living in Australia typically ranges from INR 97500 to INR 1.37L per month.

Scholarships

Scholarships like the Australia Awards and university-specific scholarships are available to international students.

Job Opportunities

Australia offers numerous job opportunities in fields like engineering, healthcare, IT, and business. Students can work part-time and apply for a post-study work visa.

Universities

Top universities include:

  • University of Melbourne
  • Australian National University (ANU)
  • University of Sydney
  • University of Queensland

11. Italy

Italy offers a rich cultural heritage and a high-quality education system, making it an attractive destination for international students.

Tuition Fees

Tuition fees for bachelor's programs and master's programs per year as below:

Courses Tuition Fees per Year (Average)
Bachelors INR 1.2L to INR 4L
Masters INR 1.5L to INR 5L

Cost of Living

The cost of living in Italy typically ranges from INR 63,000 to INR 90,000 per month.

Scholarships

Scholarships like the Italian Government Scholarships for Foreign Students and university-specific scholarships are available.

Job Opportunities

Italy offers job opportunities in sectors like fashion, design, arts, and engineering. Students can work part-time and apply for a post-study work permit.

Universities

Top universities include:

  • University of Bologna
  • Sapienza University of Rome
  • University of Milan
  • Politecnico di Milano

12. Poland

Poland is becoming an increasingly popular study destination due to its affordable education and living costs.

Tuition Fees

Tuition fees for bachelor's programs and master's programs per year as below:

Courses Tuition Fees per Year (Average)
Bachelors INR 1.5L to INR 4L
Masters INR 2L to INR 5L

Cost of Living

The cost of living in Poland typically ranges from INR 27,000 to INR 45,000 per month.

Scholarships

Scholarships like the Polish Government Scholarship and university-specific scholarships are available.

Job Opportunities

Poland offers job opportunities in sectors like engineering, IT, and business. Students can work part-time and apply for a post-study work permit.

Universities

Top universities include:

  • University of Warsaw
  • Jagiellonian University
  • Warsaw University of Technology
  • AGH University of Science and Technology

13. Spain

Spain offers a vibrant culture and a high-quality education system. It is an ideal destination for students seeking an enriching study experience.

Tuition Fees

Tuition fees for bachelor's programs and master's programs per year as below:

Courses Tuition Fees per Year (Average)
Bachelors INR 1.5L to INR 5L
Masters INR 2L to INR 6L

Cost of Living

The cost of living in Spain typically ranges from INR 54,000 to INR 1.36L per month.

Scholarships

Scholarships like the Erasmus+ and university-specific scholarships are available to international students.

Job Opportunities

Spain offers job opportunities in sectors like tourism, business, and engineering. Students can work part-time and apply for a post-study work permit.

Universities

Top universities include:

  • University of Barcelona
  • Autonomous University of Madrid
  • Complutense University of Madrid
  • University of Valencia

14. Czech Republic

The Czech Republic offers affordable education and a rich cultural experience, making it an attractive study destination.

Tuition Fees

Tuition fees for bachelor's programs and master's programs per year as below:

Courses Tuition Fees per Year (Average)
Bachelors INR 2L to INR 4L
Masters INR 2.5L to INR 5L

Cost of Living

The cost of living in the Czech Republic typically ranges from INR 27,000 to INR 59,000 per month.

Scholarships

Scholarships like the Czech Government Scholarships and university-specific scholarships are available.

Job Opportunities

The Czech Republic offers job opportunities in sectors like engineering, IT, and business. Students can work part-time and apply for a post-study work permit.

Universities

Top universities include:

  • Charles University
  • Czech Technical University in Prague
  • Masaryk University
  • University of Economics, Prague

15. Hungary

Hungary offers a high-quality education system and affordable living costs, making it a great destination for international students.

Tuition Fees

Tuition fees for bachelor's programs and master's programs per year as below:

Courses Tuition Fees per Year (Average)
Bachelors INR 2L to INR 5L
Masters INR 2.5L to INR 6L

Cost of Living

The cost of living in Hungary typically ranges from INR 45,000 to INR 63,000 per month.

Scholarships

Scholarships like the Stipendium Hungaricum and university-specific scholarships are available.

Job Opportunities

Hungary offers job opportunities in sectors like engineering, IT, and business. Students can work part-time and apply for a post-study work permit.

Universities

Top universities include:

  • Eötvös Loránd University
  • University of Szeged
  • Budapest University of Technology and Economics
  • Corvinus University of Budapest

FAQs

Ques 1. What are the benefits of studying abroad in a cheaper country?

Ans: Studying abroad in a cheaper country allows students to receive a high-quality education while managing their finances effectively. This can reduce the burden of student loans and financial dependency on their families. Additionally, students can experience new cultures and gain international exposure without excessive costs.

Ques.2. What factors are considered when determining the affordability of studying in a country?

Ans: Affordability is determined by evaluating tuition fees, living costs (including food, transportation, clothing, internet services, and study materials), and opportunities for scholarships that can offset these expenses.

Ques.3. What are the average tuition fees for bachelor's and master's programs in these countries?

Ans: Tuition fees vary by country and program. Here are some examples:

  • Germany: Bachelor’s - INR 20L to 23L, Master’s - INR 35L to 37L
  • Malaysia: Bachelor’s - INR 1.5L to 4L, Master’s - INR 4L to 9L
  • France: Bachelor’s - INR 2.5L to 8.5L, Master’s - INR 9L to 15L

Ques.4. What is the average cost of living per month in these countries?

Ans: Living costs also vary by country. Here are some examples:

  • Germany: INR 70,000 to 80,000
  • Malaysia: INR 36,000 to 64,000
  • France: INR 70,000 to 90,000

Ques.5. Are there scholarships available for Indian students in these countries?

Ans: Yes, many countries offer scholarships for international students. Examples include:

  • Germany: DAAD Scholarship, Konrad Adenauer Stiftung, Einstein International Postdoctoral Fellowship
  • Malaysia: Malaysia International Scholarship (MIS)
  • France: Eiffel Excellence Scholarship Program

Ques.6. Can students work part-time while studying in these countries?

Ans: Yes, most of these countries allow international students to work part-time during their studies. This helps students manage their living expenses and gain valuable work experience.

Ques.7. What job opportunities are available for graduates in these countries?

Ans: Job opportunities vary by country and field of study. For instance:

  • Germany: Engineering, IT, healthcare, management, finance
  • Canada: IT, engineering, healthcare, business
  • France: Engineering, fashion, business, arts

Ques.8. What are some of the top universities in these affordable countries?

Ans: Some top universities include:

  • Germany: University of Stuttgart, Technical University of Munich
  • Malaysia: University of Malaya (UM), Universiti Kebangsaan Malaysia (UKM)
  • France: Sorbonne University, École Polytechnique

Ques.9. How can I apply to universities in these countries?

Ans: The application process varies by country and university. Generally, you need to:

  1. Choose your preferred universities and programs.
  2. Check the specific entry requirements for each program.
  3. Prepare necessary documents (transcripts, language proficiency tests, letters of recommendation).
  4. Submit your application through the university's application portal or a centralized application system.
  5. Apply for scholarships, if available.
  6. Apply for a student visa once you receive an admission offer.

Ques.10. Are there any specific entry requirements for Indian students?

Ans: Entry requirements vary by country and program. Common requirements include proof of academic qualifications, language proficiency (e.g., IELTS, TOEFL), and sometimes standardized test scores (e.g., GRE, GMAT).

Ques.11. What are the best undergraduate and graduate courses to pursue in these countries?

Ans: Popular courses vary by country. For example:

  • Germany: Engineering, Medicine, Finance, Management
  • France: Engineering, Business, Arts
  • Canada: IT, Business, Healthcare

Ques.12. Can I stay in the country after graduation to seek employment?

Yes, many of these countries offer post-study work permits, allowing graduates to stay and seek employment. The duration and specific conditions of these permits vary by country.

Ques.13. How does the currency exchange rate affect the cost of studying abroad?

Ans: Currency exchange rates can fluctuate, affecting the overall cost of tuition fees and living expenses. It's advisable to monitor exchange rates and budget accordingly.

Ques.14. What cultural experiences can I expect while studying in these countries?

Ans: Studying abroad offers the chance to experience diverse cultures, languages, and traditions. Each country provides unique cultural experiences, from Germany's engineering innovations to France's rich history and arts, making studying abroad a holistic and enriching experience.

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