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Being tight on a budget doesn't mean that you have to necessarily give up your dream of studying abroad. It means that you have to start looking for alternative options that will help you to achieve your dream. Today we have listed several ways together through which you can study for free or almost free in a foreign country.
Scholarships
First and the foremost way is obviously scholarships and endowments. Usually, scholarships are given to students who are either Academically bright or come from a highly underprivileged background. But over the past years, international universities have increased the number of scholarships that they offer to international students and more than 50% of students studying in foreign universities have some kind of scholarship.
Exchange programs
Governments of different countries have tied up with each other in order to promote cultural exchange among their citizens and students. Under cultural exchange programs, students are sent to different countries to study for a fixed amount of time during their degree. This is generally financed by the government.
European universities
European universities are known for providing education to international students free of cost or at a minimal cost. You can apply to countries like Germany, Italy, Spain, Sweden and Denmark et cetera where the quality of education is very high and at the same time, it is affordable.
Now that the results of CUET are out, students are actively applying for courses in colleges. As we know this year Delhi University took a landmark decision of conducting admissions on the basis of entrance exams instead of the conventional percentage cut-off method. Delhi University has 79 different undergraduate programs and out of which there are selected ones are selected by students in the majority this year. Some of the most popular college combinations among Delhi University students this year are B.Com at Ramjas College (44,429), Kirori Mal College (44,393), Sri Venkateswara College (42,599), Delhi College of Arts and Commerce (41,937), Shaheed Bhagat Singh College (39,939), Atma Ram Sanatan Dharma College (39,209), Dyal Singh College (38,166) and Sri Guru Gobind Singh College of Commerce (38,120); and B.A. (Hons) in English at Hindu College (38,674) and Hansraj College (38,345).
Canada's immigration minister Sean Fraser has announced a temporary measure for fulfilling the ongoing labor shortage in Canada. Now international students will be able to work for 20 hours per week while their classes are ongoing. This will allow over 500,000 students to work for more hours and subsequently earn more money. This initiative will come into effect from November 15, 2022, until December 31, 2023. Currently, Canada is witnessing a historical labor shortage and an all-time low unemployment rate. In 2021 alone, Canada issued over 620000 student visas and the demand has grown tremendously in the following year. The majority of the students reported that they were interested in staying back in Canada as permanent residents after their education has been completed. This is because the Canadian market has a job for everyone and the minimum wage rates are also very decent. Throughout the years Canada has faced a problem of shortage of human resources which is why it views international students as potential future residents. This way it's a win-win situation for both the Canadian government as well as the international students.
After offline education resumed in Australia, a new set of rules was introduced to attract a lot of students from around the globe to study at Australian universities. This was done to compensate for the loss that the Australian economy had to endure during the two years of the pandemic. Thus Australia allowed international students to work for as many hours as they wanted by uplifting part-time work-related restrictions. But later on, it was proposed that this policy will lead to the degradation of the quality of education in Australia. As students will be allowed to work for as many as they want to, they will be able to concentrate less on their studies. This will further affect their study performance which will lead to a decline in Australia’s image as a quality caterer of international education. Now the federal government of Australia has finally addressed this problem. From July 2023 onwards students will no longer be allowed to work for an unlimited number of hours. Restrictions will be implemented again and the number of hours they can work will be decided by the government. The Australian government strives to maintain a perfect balance between work and studies for the students so that none of them is compromised.
Private colleges are known to be expensive as they are independent educational institutes aloof from any government funding. The average difference between the most expensive and the least expensive private colleges in the US is around US$53,000. Over the last two decades, the tuition fees of private colleges have increased by 150%. The majority of the highly expensive private colleges are located on the east coast of the United States of America with an average tuition fee of around US$65,000. On the other hand, the average tuition fee of the least expensive private colleges on an average is around US$11,700. Most of them are national universities or national liberal art colleges and are geographically spread throughout the country. Out of the most expensive private colleges category, some of them like Brown university and USC are extremely popular but their fees can be eye-popping for many whereas in the category of the least expensive colleges, Brigham Young University—Provo, which ranks No. 90 in the National Universities category is the best value university that you can get. Here is a list of the most expensive and the least expensive private colleges in the US
Most Expensive
Least Expensive
Although Singapore is geographically a very small island country, it has seen tremendous economic growth over the past decades. Singapore is also home to some of the most prestigious educational institutes in the world. Here is a list of the colleges and universities of Singapore-
Generally, medical degrees are very expensive around the world. This is because this degree is longer than other conventional degrees and involves a lot more research and practice than other degrees. For those universities that charge fewer fees, the competition is really very high. So in that case what should a medical aspirant who doesn't have a lot of financial resources and is not the top-ranked do? Many people suggest that the medical field is made for the best out of the best lot so there is no room for mediocrity. But here we have bought some sustainable countries that offer medical degrees in a rather affordable way to international students.
Russia
Russia is known for its high-quality education, especially in the field of medicine which is affordable at the same time. Medical degrees here can go as low as US$1,750 per year. Some of the cheapest medical universities in Russia are the Vitebsk State Order of Peoples’ Friendship Medical University and Volgograd State Medical University. Russia also offers a lot of scholarships to international students for instance in 2020 alone 15000 international students were given scholarships.
China
In the last few years, China has climbed its way up in the education industry. Courses offered by Chinese universities are known by the world. A medical degree can cost you around US$2,500 per year. Southwest Medical University, Ningxia Medical University, and Yangzhou University are some of the prestigious medical institutes here.
Kyrgyzstan
Kyrgyzstan has become a very future-oriented country in the last few years. Some popular medical universities are Osh State University and Jalal-Abad State University Medical Faculty. Average annual tuition fees can be around US$3,500 to US$6,500 per year.
Liberal art colleges are a perfect choice for individuals who want to shape themselves into mature individuals who can handle whatever life throws at them and at the same time become professionally proficient. The idea behind these colleges is to not overburden you with textbooks and assignments and rather let you flourish by yourself through external support. Here are some of the best liberal art colleges in the US
Marymount Manhattan College
This college is located in New York in a very happening environment. Students here get the liberty to choose their passion before actually venturing into that field professionally. Students have the opportunity to select from over a hundred majors and minors in this college
Anna Maria College
This college reinforces the idea of less is more. It is a college consisting of a close-knit community. One and mentorship is given to all the students and classes or is smaller in size when it comes to the number of students. It is located in Paxton, Massachusetts.
Simpson College
This college is known for its academic excellence which is why the after-graduation employment rate of this college is 98.6%. It is the only college in Iowa known for quality education.
The actual realization of the price of money happens when you step out of your home and start managing your expenses on your own. This is when you understand that saving money is more important than spending it on pleasurable things. It is very important to monitor your expenses on a daily basis so that you don't get off track with your budget. Here are some ways which will help you in adhering to your budget.
The legal domain is a very interesting field. It requires people who are passionate about this profession and are good speakers at the same time. You should have a strong purpose for pursuing this profession or else you can't sustain yourself in this area. Here is a list of the best law schools in the US that are very innovative and one-of-a-kind-
Emory University, School of Law
This is the right university for you if you're looking to professionalize your legal skills and at the same time get practical experience.
The University of New Hampshire, Franklin Pierce School of Law
This university provides courses that are one of a kind such as Criminal Law, Litigation, and Business Law. Other tech-heavy, future-forward courses here are the LL.M. degrees in Intellectual Property, International Criminal Law and Justice, and Commerce and Technology.
Suffolk Law School
This is a very high-rank University and prepares the country's best lawyers. It is very selective in its admission process.
The University of Miami, School of Law
This university follows a curriculum that is a very uniform concoction of modern requirements and conventional practices.
Asia is a very large continent with a diverse culture that has room for everyone. You will be fascinated by so many unexplored facets of Asia and Asian culture once you go there. Unlike western countries, all Asian countries have traditions and practices that are very unique and different from each other. Every country that you will go to is a totally different world. This is why the experience of studying in Asia is unparalleled. Asia also has some of the best universities in the world which are also very inexpensive. Here is a list of universities in Asia that will save a lot of your money and at the same time provide you with the best quality of education.
Warmadewa University
This university is located in Bali Indonesia and was established in the year 1984. It is known for its education which is a good amalgamation of environment-based learning along with giving weightage to cultural practices. The average size of studying here for a year can be around 1790 EUR.
University Putra Malaysia
This is recognized as one of the most prestigious universities in Malaysia. It was established in the year 1931 and since then has been known for delivering promising services to students. It has made a name for itself in the global market and has a reputation for being extremely friendly towards students from all walks of society. The average tuition fee per semester can be around 1990 EUR/Semester.
Siam University
It is a non-profit University in Bangkok that was founded in the year 1965. It has been accredited by the Ministry of Higher Education, Science, Research and Innovation, Thailand. Currently, it is home to more than 400 international students from around 15 different countries. The annual tuition fee at this university can be around 1890 EUR.
Shanghai University
It is no secret to the world that China is an extremely proficient country when it comes to delivering top-quality education. Students from countries like the United States of America and the UK also come here for study purposes. Shanghai University was founded in 1962 and is a public research university. It offers a variety of courses and disciplines like science, engineering, liberal arts, history, law, fine arts, business, economics, and management. The tuition fee per year is 1990 EUR.
France is known as the fashion capital of the world. It is the epicenter of brands and new fashion trends that spread from here to the rest of the world. You might have seen a lot of movies or series where the typical French culture is broadcasted. It may be extravagant but it's safe to say that it's also very fascinating at the same time. What might surprise You is the fact that France has a lot of cheap and almost free universities for international students. Some of these universities are-
Sorbonne University
This university is located in Paris and is known for its world-class research facilities. International students have to pay as little as zero euros for studying here.
Jean Monnet University
This university is known for offering multidisciplinary courses to its students which are driven by research-based learning along with personal and professional characteristic development. It has collaborations with a lot of international organizations which facilitate global mobility among students while they are pursuing their courses. International students can expect to pay 170 euros as their tuition fees.
Paris Cité University
This university believes in the concept of attaining academic excellence through rigorous ambitions and hard work. The university provides its students with lots of tools that will help them in achieving mastery in their field. Students can expect to pay 170 euros as their tutor fees here.
The pandemic has brought a new education revolution in the world where the domination of western culture has been relegated. With this new awakening, the traditional and pedagogy system of education in India has got international recognition. Students from the American continent and European countries have shown an inclination towards Indian institutes recently. There are many reasons why India can be the next big thing in the international education market. First is the obvious reason for India being an extremely inexpensive country when it comes to tuition fees. Contrary to western countries, education is very budget friendly in India. The second reason is the fact that India has become the new preferable destination for a lot of international companies to open new establishments. This means that the demand for the workforce will be increasing exponentially in the future. In the past five years, there has been a 25% increase in the number of international students in Indian universities. This data is indicative of the fact that India is on the verge of becoming a potential threat to the US and the UK. The entrepreneurship and start-up culture has also spread its wings in India, which has led to a lot of initiatives becoming unicorns recently. On top of everything, the immigration and visa process is also very easy for India.
Choosing the right business school for yourself makes all the difference in your degree. Studying in these business schools can be expensive but keep in mind the high return on investment that they have in store for you. There are certain para meters that you must keep in your mind while selecting the right business school for yourself. These parameters are placements, ROI, alumni and networks, international collaborations, and class and course flexibility. Depending upon your preference you must decide on the institution. Here's a list of some of the best business schools in the world that you must keep an eye on if you are interested in pursuing a business degree.
Paying for application fees is one extra expense that a lot of students forget about. Application forms of prestigious universities can be very expensive especially when the countries are highly developed. There are a lot of universities that do not charge any application fees which means that students can apply to these universities for absolutely free. Some of the universities in Australia which do not charge any application fees are-
RMIT University, Melbourne
This university is ranked among the top 90 universities in the world according to the QS world University rankings. It is famous for its courses that are offered in the field of science and technology. RMIT University exempts students from a list of pre-decided countries.
For other students whose countries are not included in the list, they have to pay AU$100 as their application fees.
The University of South Australia (UniSA), Adelaide
This is a very famous research university in Australia. It is ranked 29th in the category of Top 50 universities aged under 50. All international students can apply for free in this university regardless of which country they belong to. If you are an international student then you have to apply here
Charles Darwin University (CDU), Darwin
This university is located in the northern part of Australia. It identifies itself as a new world university that doesn't believe in the concept of legacy and tradition. You don't have to pay any application fees in order to apply to this university.
University Of Notre Dame
The is a private Catholic University. It believes in Catholic values but welcomes students from around the world and doesn't differentiate between faiths. You can apply for free to this university but make sure that you check the requirements.
Choosing your specialization in MBA makes you an expert in that field. It is a great way of ensuring that you are a master in that particular field and then can further explore other corners of a business degree. Having a specialization will also help you in getting higher salaries. Here are the MBA specialization that are most in demand right now-
MBA International Business
This course is very much similar to the conventional basic MBA degree. The only difference is that the curriculum of this course focuses more on international finance, economics, and cross-cultural management. It is a very versatile degree where you will get to learn a lot about different countries and how their economies function.
MBA Finance
This is a slightly expensive MBA degree where you can expect to pay around US$170,000 for a two-year degree. But the return on investment is also very high. If you want to pursue this degree with a more affordable fee range then you can enroll yourself in a European university. MBA in finance graduates end up getting selected by the most sought-after companies in the world.
MBA in Business Analytics
Optimum utilization of data is very important in the making of a successful business. Everything from your sales to Marketing to strategy making is dependent on how efficiently data is handled. Your performance monitoring is also a consequence of solid data handling skills. This is what an MBA in business analytics teaches you.
MBA Marketing
Are you someone who is good at convincing people? An MBA in marketing teaches you professional business strategies to attract more customers to your business and sell them what you want to sell. It is one of the quintessential branches of an MBA.
As online education and hybrid modes have made a place for themselves in the education world, the need for gadgets like laptops and iPads are more than ever. They make learning more conducive and effective. But it is right to say that not everyone can afford these expenses. A lot of universities give out freebies to students as a part of their courses. Some of these universities are-
Dakota State University (DSU)
This university launched Wireless Mobile Computing Initiative in 2004 where new students are provided with laptops in the fall. Students receive a Lenovo ThinkPad which supports DSU’s learning programs.
Delaware State University
Under its Digital StudentUniverse Initiative, new students who have graduated from high school in May 2018 onwards are eligible for 16GB Apple iPad Pro in Space Grey or a 13-inch Macbook Pro.
Moravian University
This university gives an iPad Pro and MacBook Pro to all its new students upon their admission into the university.
University of Minnesota Crookston
This was the first American educational institute to start this tradition of offering free electronic gadgets to its students in 1993. It has continued this tradition since then without any break.
Parents are now focusing on the underlying importance of good schooling. Earlier more pressure was given on the fact that you get into a good university but now everyone has come to a mutual understanding that schools are also very important building blocks for your future. Boarding schools make students a lot more responsible than what regular schools do. A student becomes completely independent at an early age which helps them when they go to their universities. Just like top universities, the admission process of top boarding schools in the US is also very complex. Here is how you can make your way into some of the top boarding schools in the USA-
MIM stands for a Master in Management whereas MBA stands for a Master in Business Administration (MBA). Both of these are popular business degrees but are meant for different purposes. MIM is made for those people who are freshers and very new with zero or minute working experience. MBA on the other hand is designed for working professionals who have an experience of 5 to 8 years. If you want to break into top companies and start your career with a good pump then MIM is the degree for You. MBA is meant for those who are seeking huge salary hikes due to stagnancy in their career or want to change their field and get into the corporate universe. MIM deals with theoretical aspects of business whereas MBA is Mor doing by learning degree. When it comes to the cost of pursuing both of these courses, MIM is the more affordable option as MBA is a much more expensive degree than it. MIM graduates can expect to earn around US$80,000 and US$115,000. whereas MBA graduates can earn US$80,000 and US$115,000. For MIM France, Germany, the Netherlands, the US, and the UK are popular destinations. For MBA the USA and Canada are popular.
It is a dream of many students to study in an international University but this is deferred by obstacles such as cost, family concerns, limited course flexibility, and lack of knowledge. Many colleges now have taken initiatives to make studying abroad more affordable as well as accessible to all students around the world. This is the way to ensure that no deserving candidate is devoid of the opportunity that awaits them. To overcome the cost barrier a lot of colleges and universities have now started new scholarships and endowments which are need-based. Colleges are also collaborating with banks which makes it a lot easier for students to get financial assistance without any hassles. The websites of these colleges have become very user-friendly and have a quite comprehendible interface. If you go on the website you can literally gain information about whatever question you have in your mind. Many websites also provide you with an official tour of the university which means you don't even have to go there to see how it is. There are separate help groups for vulnerable communities like LGBTQ+, black students, and other minorities. This is to protect their best interests. To increase flexibility among students a lot of international universities and colleges are now letting students complete their programs through online mode only. The worth of these degrees will be equal to the one taken in offline mode.
