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The total cost you incur in
foreign education is one of the most important factor that goes into
your decision to study abroad. Hence it requires a careful examination
of various expenses involved in studying abroad. Usually one only looks
at the superficial cost - i.e. the tuition cost when doing cost analysis
for studying abroad. However, a thorough analysis will reveal that other
substantial costs goes into foreign studies other than the core tuition
fees.
These includes application fees, fees for entrance exam, fees paid to
counsellors, books, health insurance, travelling, visa formalities,
lodging, etc. It is necessary to estimating these overhead cost with
reasonable accuracy to get a clear picture of finance you will need.
Here's a indicative list of the expenses you will incur for foreign
studies. You can use this list for doing your ground work to arrive at
the expenditure. Take professional help for the purpose. You can get the
best help from your friends/relatives who have already gone abroad for
foreign studies and done it all.
Expenses to
consider while preparing the estimate for foreign study:
|
Application Fees |
Rs. |
$/£ |
|
Test Fees |
Rs. |
$/£ |
|
Tuition and Fees |
Rs. |
$/£ |
|
Study Material |
Rs. |
$/£ |
|
Tickets (Travelling) |
Rs. |
$/£ |
|
Counselling Cost |
Rs. |
$/£ |
|
Passport - Visa Formality Cost |
Rs. |
$/£ |
|
Boarding Cost |
Rs. |
$/£ |
|
Clothing - Accessories |
Rs. |
$/£ |
|
After & Personal Expenses |
Rs. |
$/£ |
|
Health Insurance |
Rs. |
$/£ |
|
Vacation Travel Expenses |
Rs. |
$/£ |
|
Miscellaneous |
Rs. |
$/£ |
|
(A) Total Cost For 1 Year |
Rs. |
$/£ |
- (B) Total Cost for
entire course
-
= (A) X No. of years for the course.
|
Rs. |
$/£ |
Note: Also take into
account the inflation for estimating the expenses of subsequent years.
If you have more queries,
write to us - contact_us@bmscampus.com or
click here. We shall try to get your query responded by our experts.
Do not get intimidated by the
cost. If your spirits are high and plan properly, amply resources are
available to finance your "Study Abroad" dreams. Also remember that pay
which one gets after study abroad can actually re-pay all your
investments made for study abroad in one or two years.
Educational Loans &
Scholarships are available like never before. So find the right choice
for you and get going.
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