Studying abroad is a life-transforming experience, but in the absence of concrete financial planning, you could land in trouble abroad. With thorough planning, you can effortlessly study abroad and navigate your career to success.

Budget like a pro

Before landing on overseas soil, make sure you explore each and every aspect carefully. Research tuition fees, living expenses, currency exchange rates and visa expenses among others. Keep in mind, that financial planning isn’t about merely numbers; consider travel expenses, unexpected costs and even some spare amount to explore the local culture! Value scholarships like hidden treasures – explore them through research and applications. Every rupee saved will take you closer to your dream international destination.

It pays to work part-time

Do not undervalue the power of part-time work. It will not only ease your financial burden but will also make you strong and independent. Just envision the confidence boost of managing your finances on your own in a foreign land! Moreover, the experience gained via a part-time job will strengthen your resume by featuring important skills and making you stand out in the job market.

Open a local bank account to transact at your convenience

You can easily do away with the burden of foreign transaction fees by opening a local bank account abroad. This will make it easy for you to access your hard-earned money earned from part-time jobs and make everyday transactions. This will also help you in saving your time and money in the process of currency exchange.

Explore education loans

Education loans come in handy to reach academic heights. Research the maximum number of education loans offered by Indian banks for overseas education needs. Education loans are useful that you need to use wisely to meet all the essential expenses and turn your dream into a reality.

Obtain your ID Card

The student ID card is an important document to enjoy campus life and go beyond that. From accessing the library to sporting events, mega discounts at local businesses and cultural explorations, it unfolds a world of exciting opportunities for you as an international student.

Bonus tips

The art of cooking can work wonders for you overseas. You can whip up delicious cuisine instead of splurging a high amount on takeout thus saving a considerable amount while living abroad. Not only this, you can save the bus/taxi fare by cycling to the university campus. Every penny saved will come in handy while studying abroad.