Paying for School

There are significant advantages to studying abroad, and it might not cost as much as you think. Wherever you intend to study, though, you’ll be expected to pay for more than just tuition fees.

It’s important to thoroughly research all the costs in advance. Part of your student visa application may involve demonstrating you have the financial resources available to meet all your obligations.

 

What you’ll be expected to pay:

Wherever you plan on studying, and whether you’ll be studying at the undergraduate or graduate level, these are some common things you’ll be expected to pay for:

Tuition fees

These vary depending on where you want to study and the institution you want to attend. Grants and scholarships may be available to cover some or all of these costs.

Study materials

Both undergraduate and postgraduate students may be required to spend a considerable amount on textbooks and study materials. You can save money with used textbooks, but you will still need to budget for study materials.

Living expenses

Depending where you plan to study, you might want to live on-campus or in a privately rented room or apartment. Just remember — you’ll also have to budget money for food, bills and transportation to and from class. For more information, check out our page on Planning & Living Abroad.

Travel

Part of the pleasure of studying abroad is exploring your new home. To get the most out of your study abroad experience, budget money for travel on weekends and vacation time — plus put aside funds for traveling back and forth to your home country.

Other Costs

Some of the other costs of studying abroad include: student visa, health and travel insurance, and basic cost of living in your host country. So plan wisely. For more information on other costs, see Planning & Living Abroad.

Student Loans

For most students in higher education, student loans are a necessary part of earning a degree. Very few students can afford to fund their undergraduate or graduate studies on their own. Fortunately, it is possible to get a student loan to study abroad as well as in your home country, either through a bank or loan company at home, or through an international student loan provider.

Global Student Loans is a funding company that brokers loans for international students. If you’re eligible, your loans can be used to study in virtually any country. 

Financial Aid and Scholarships

Every year, schools and universities all around the world offer scholarships, grants and financial aid programs that make studying abroad financially attainable for thousands of international students.

For a comprehensive list of scholarships and grants available to you — searchable by location and field of study — visit International Scholarships

Paying for School:

Below is specific information about paying for school in the four most popular English-speaking study destinations.

Paying for School in Australia

Australia is a popular study abroad destination for international students. If you plan to study in Australia, it’s important to note, you’ll have to pay your tuition fees prior to the start of the semester. For more on tuition and other costs, go to Study in Australia.

Many academic institutions want to encourage international students, so they have made a variety of financial aid opportunities and scholarships available for undergraduate and postgraduate students coming from abroad.

  • You can find comprehensive details about costs you’ll need to plan for in Australia, plus how to find financial aid programs and scholarships, at the International Student Australia page. 
  • The Australian government runs a scholarship program to promote the collaboration of higher education between Australia and neighboring countries. Search what financial aid is available and find out whether you qualify at the Australia Awards website. 
  • To find out if you’re eligible for a student loan to study at the undergraduate or graduate level in Australia, visit the International Student Loans page. 

Paying for School in Canada

Canada boasts several universities rated in the US News & World Report World’s Best Universities — and has an excellent reputation for quality in higher education.

Paying for School in the United Kingdom

According to US News & World Report, the UK is home to several of the world’s best universities and is highly regarded for quality of teaching.

  • You can find comprehensive details about the costs you’ll need to plan for in the UK, plus how to find financial aid programs and scholarships, at the International Student UK Page.
  • International Students from the Commonwealth countries may qualify for a scholarship from the Commonwealth Scholarship and Fellowship Plan.
  • Find out what other financial aid and scholarship programs are available for international students intending to study in the UK at Education UK.
  • Find out if you’re eligible for a student loan to study at the undergraduate or graduate level in the UK at International Student Loans.

Paying for School in the United States

Outstanding academic programs at both the undergraduate and graduate level is one of the many reasons the US is the #1 study destination for international students.

  • You can find comprehensive details about the costs you’ll need to plan for in the US, plus how to find financial aid programs and scholarships, at the International Student USA page. 
  • For a list of US universities which offer financial aid to international undergraduate students, visit the eduPASS website.
  • International Student Loans is an American loan company that offers funding to cover the entire cost of an undergraduate or graduate degree at an eligible US university. International students will need to have their loan co-signed by a US citizen or permanent resident. To discover if you’re eligible for a student loan to study at the undergraduate or graduate level in the US, visit the International Student Loans page.