It is a generally perceived notion that studying abroad is very expensive. But if you look closely and do your research then you will find that there are a lot of smart students who have managed to study abroad in some of the most prestigious universities of the world at a very low cost. This has been possible because of their smart decision making and research. There are a lot of ways through which you can save your money. Here are some steps that you can take to save money-
There are a lot of private institutions that are offering loans to students who want to study abroad for almost 0% interest rates. These are generally tech start-ups that get funding and are very much available to support financially weak students who are interested in studying abroad. Instead of going to the banks you can approach them for your loans.
You can choose a program that allows you to study online for some amount of the time period of your course and the rest of the time period you can attend classes off-line. This will save half of your money on traveling, accommodation and food. You will just have to pay the tuition fees and the degree that you get is equal to that of an off-line degree.
Working part time is of course one thing that you would have heard before. But no matter how many times you read about it and hear it from someone, you will only realize the importance of it once you go to study abroad. Doing part-time jobs is extremely important to support yourself otherwise you'll end up in a debt trap.