August 27, 2025
Sohan
Studying Abroad on a Budget
Many Indian students dream of studying abroad, but the cost can feel overwhelming. You might be asking yourself, “Can I study abroad on a budget?” The answer is a definite yes! With a bit of planning, the right scholarships, and smart budgeting, studying overseas is completely achievable even on a tight budget. This guide breaks down everything Indian students need to know to make their dream a reality in 2025.
Studying abroad is more than just academics; it’s an investment in your future career. While the costs may seem high initially, there are multiple ways to fund your studies without putting yourself in heavy debt.
Scholarships are the most effective way to reduce the cost of studying abroad. They can cover tuition, living expenses, or both. Some popular options for Indian students include:
Pro Tip: Start early! Even smaller scholarships can significantly reduce your expenses when combined with others. Keep a spreadsheet of all opportunities with deadlines to stay organized.
When scholarships don’t cover everything, an education loan is a reliable option. Indian banks provide loans specifically for studying abroad:
Education loans make international education feasible without exhausting your savings. Combine them with scholarships to manage both tuition and living expenses effectively.
Apply for an Abroad Education Loan here and get complete support to cover your tuition fees, living expenses, and other costs while studying abroad.
Many countries allow international students to work part-time. This not only helps with daily expenses but also builds valuable experience:
Even part-time jobs can cover food, transportation, and study materials. Some students combine this with internships related to their field, gaining both experience and income.
Pro Tip: Balance is key—don’t let work affect your academics.
High tuition isn’t your only option. Many countries and programs offer excellent education at lower costs:
Selecting the right country and program can save thousands of dollars while still offering quality education.
Managing money while abroad is crucial. Here are some practical strategies:
Small habits can make a huge difference in the long run, especially when living on a limited budget.
Studying abroad on a tight budget is challenging but absolutely doable. By combining scholarships, education loans, part-time work, affordable programs, and smart budgeting, Indian students can achieve their dream of international education in 2025. Start planning early, explore funding options, and take that first step toward your future today!
1. Can I study abroad if I’m poor?
Yes! Even with limited finances, you can study abroad by combining scholarships, education loans, part-time jobs, and smart budgeting. Many Indian students successfully fund their overseas education this way.
2. What scholarships are available for Indian students to study abroad?
Indian students can explore government scholarships like ICCR, university-based merit/need scholarships, and international programs like Fulbright, Chevening, or Erasmus+. Start early and tailor applications for better chances.
3. Can I get an education loan for studying abroad in 2025?
Absolutely! Banks & NBFCs like UBI, Credila, Avanse, ICICI, and Axis Bank offer education loans covering tuition, living expenses, and sometimes travel. Loan repayment usually starts after course completion with a grace period.
4. Can I work part-time while studying abroad?
Yes! Countries like the USA, UK, and Canada allow international students to work part-time (usually 20 hours per week). This helps cover daily expenses and gain work experience.
6. How can I manage expenses while studying abroad?
Smart budgeting is key: cook at home, buy second-hand books, use student discounts, track monthly expenses, and plan flights during off-peak seasons. Small habits add up to big savings.
7. How much money is required to study abroad?
The total cost of studying abroad depends on the country, university, and lifestyle. On average, Indian students may need ₹15 lakh to ₹50 lakh for a 2-year master’s program.
Need help? Chat with us
Already registered? Click here to login