MYTH VS FACT

"Studying Abroad Is Only for Rich Families" - Is That True?

Scholarships, assistantships and part-time work rules change this picture more than most families realise.

Sukhada Global Education 2 min read
"Studying Abroad Is Only for Rich Families" - Is That True?
In this article
  1. Pick the country with cost in mind
  2. Funding that reduces the bill
  3. Part-time work: helpful, not a plan

The sticker price of a foreign degree is real, and we will not pretend otherwise. But the number most families look at is the tuition on the university website, which is rarely what a well-planned student ends up paying.

Pick the country with cost in mind

Public universities in Germany charge little or no tuition for most programmes. Countries like Ireland, France and parts of Europe are often cheaper overall than the US or UK. Shorter one-year master's degrees also cut a full year of living costs.

Funding that reduces the bill

  • University merit scholarships, often automatic when you apply early with good grades.
  • Government scholarships such as Chevening, Fulbright-Nehru, DAAD and Commonwealth awards.
  • Teaching and research assistantships, especially for STEM master's and PhD students in the US.
  • Education loans from banks and NBFCs, many of which cover living costs too.

Part-time work: helpful, not a plan

Most study destinations allow students to work part-time during term. This covers groceries and travel for many students, but it should never be counted on to pay tuition. Visa officers also check that you can fund your studies without it.

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Written by Sukhada Global Education

Our counsellors write every guide from real student cases - admissions, visas and life abroad - and update them when rules change.

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