The dream of an international education draws students worldwide. But the costs vary greatly depending on where you choose to study. Examining tuition and living expenses provides insight into landing an affordable overseas degree.

The Price of a Foreign Degree: Studying Abroad for a Masters

United Kingdom

The United Kingdom has a long tradition of academic excellence. Tuition ranges from $17,000 to $38,000 annually. Living costs add $12,000 or more per year. Scholarships provide much-needed relief, with UK welcoming gifted scholars.

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Dashed Trail

Australia 

Australia offers a warmer climate along with lower costs for international students. Australian tuition averages between $15,000 to $33,000 annually. Living expenses range from $15,000 to $20,000. Part-time work opportunities exist on student visas to offset costs. But Australia still represents a significant financial investment.

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Dashed Trail

Canada

In Canada, foreign students pay $13,000 to $30,000 annually. Living costs hover around $12,000 per year. Add in health insurance, textbooks, and other fees, and it still costs over $35,000 a year minimum to study in Canada. But the country remains more affordable than some alternatives.

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Germany 

Germany eliminated tuition for all students - domestic and international. This makes completing a masters nearly free. Living costs are around $12,000 annually. Learning German boosts opportunities further. Germany has become the most budget-friendly choice for masters degrees abroad.

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Studying overseas expands horizons. But picking an affordable destination enables graduates to reap rewards. Comparing tuition, living costs and scholarship options helps reveal the most economical places to launch an international education journey.

Cost of Living in the UK for Indian Students (2024)