8 Cheapest Countries to Study Abroad- 2020

Why go Overseas for Higher Education

In today’s competitive world education plays an important role in shaping your future. A Bachelor’s degree from a reputed college will set you on the right path to your career. But that’s not enough if you need to speed up the ladder a Master’s degree is more helpful. A graduation degree or post-graduation degree from a reputed college overseas puts you into another league altogether.  They are widely accepted in the Indian job market.

Getting admission into a prestigious University overseas is not an easy task. There are a lot of prerequisites and challenges that come with the dream of overseas education. Proper course and university selection, complex admission process, the thought of staying away from home, visa process, language barrier, and interview can sometimes be challenging.

But what is more challenging is the financial burden that does not allow many students to pursue their dreams. The fees along with the cost of living collectively is very high is many countries.  There are scholarships available that help reduce the burden a bit.

Which are the Cheapest Countries to Study Abroad for Indian Students?

Not all countries are costly; some countries are affordable in terms of cost of living and provide quality education at lesser fees.  The fees will differ depending upon the course, the faculty and the university applied for. Here are the top 8 countries which are very much affordable to Indian students who wish to study abroad.

These countries have been selected as the Cheapest Countries to study abroad by Top Universities.

1.       Norway

2.       Taiwan

3.    Germany

4.       France

5.       Mexico

6.       Sweden

7.      Argentina

8.     Poland

1. Norway

Europe’s northernmost country, Norway is breathtakingly beautiful. All of the Nordic countries offer quality education at affordable rates.  It has specialized programs to train students for the international level. There are public universities which are very much affordable.

Some of the top Universities of Norway are:

  1. University of Oslo 
  2. University of Bergen 
  3. Norwegian University of Science and Technology 
  4.   University of Tromsø The Arctic University of Norway
  5.  Nord University

They are well known for the programs they offer for engineering, management and social sciences. Also, there are a lot of English taught courses available which makes it a preferred destination for Indian students.

The cost of living in Norway is not very cheap though. The total expenses along with fees will cost you around 12-14 lakh minimum for a master’s program.

Also Read: Study in Norway

2. Taiwan

Taiwan is one of the hidden gems of East Asia. Taiwan is one of the safest countries for students to plan their education. With a high level of education and good healthcare systems, Taiwan has become one of the top choices for students who wish to get an education for cheap. Taiwan hs many universities that are for free.

Top Universities in Taiwan are:

  1. National Taiwan University
  2. National Tsing Hua University
  3. National Cheng Kung University
  4. National Chiao Tung University
  5. National Taiwan University of Science And Technology

Also Read: How to Study Abroad for Free in 2020?

3. Germany

Germany is one of the cheapest countries to study abroad in comparison to the quality of education it offers. There are many universities in Germany which are ranked in the top 100 according to THE World University Rankings and are well known for their technical knowledge along with other faculties.

Top Universities in Germany are:

  1.      Technical University of Munich
  2.      University of Berlin
  3.      Technical University of Darmstadt
  4.      RWTH Aachen University
  5.      Heidelberg University

What makes Germany really affordable is the concept of No Tuition fees. But they do charge of other facilities like exams, libraries etc a minimum amount which doesn’t burn a hole in your pocket. Apart from that, the cost of living in Germany is also very low compared to other countries.

On a minimum average, the cost of studying in Germany will be around 8 lakh to 10 lakh approximately.

Also Read: MBBS in Germany

Also Read:


4. France

Paris, the capital of France has been the world’s number one student city for 4 years in a row and this year it stands on 5th position.  France has set fees for the year 2019 at around 20000 to 35000 INR depending upon the program.  But the living expenses in France are on the higher side. You can choose to live in suburban regions with good connectivity to reduce the cost of living expenses.

Some of the top Universities of France are:

  1.      University of Paris,
  2.       Aix-Marseille University
  3.       Sorbonne University
  4.       Centrale Nantes
  5.      Ecole Polytechnique

They are the few of the famous universities of France offering various programs in Management, Business Science, Arts and Engineering. In spite of French-speaking country, there are a majority of programs offered in English making it easier to study for International students.

On average the expenses of studying in France will be a minimum of 14-17 lakh for a master’s program per year

Also Read: List of Top Universities in France

5. Mexico

Education in Mexico follows a similar pattern like the United States and Europe. The country’s higher education system was ranked 31st among the QS Latin America University Rankings 2019.

Top Universities in Mexico are:

  1. Universidad Nacional Autónoma de México (UNAM)
  2. Tecnológico de Monterrey
  3. Instituto Politécnico Nacional (IPN)
  4. Universidad Anahuac
  5. Instituto Tecnológico Autonomo de México

Also Read:Cheapest Universities for MBA in the UK

6. Sweden

Some of the affordable Universities in Europe are located in Sweden. It is becoming a preferred destination for overseas education for Indians. More students are choosing Sweden given its low cost of living. It has 69% green cover and a tranquil lifestyle which add to its benefits.

Some of the top Universities of Sweden are:

  1.    Uppsala University
  2.    KTH Royal Institute of Technology
  3.     Chalmers Institute of Technology
  4.    Stockholm University
  5.    Gothenburg University

These Universities are well known for its variety of study programs along with extensive research and training. The minimum cost of studying in Sweden is around 17-20 lakh depending upon the program and Unive rsity.

Also Read: Study in Sweden- Admissions, Universities and Scholarships (Updated 2020)

7. Argentina

Approximately 90,000 International Students come to study in Argentine every year. Argentina is one of the most famous places to study in Latin America with 39 top Institutions. The academic year in Argentina runs from March to November.

Top Universities in Argentina are:

  1. Universidad de Buenos Aires
  2. Universidad Austral
  3. Pontificia Universidad Católica Argentina Santa María de los Buenos Aires
  4. Instituto Tecnológico de Buenos Aires (ITBA)
  5. Universidad de Belgrano

Also Read:Benefits of Studying Abroad

8. Poland

Poland is among the largest and most populous countries in Central Europe. Poland has a rich culture and strong economy, it is becoming an increasingly top choice of education abroad for around 72,000 students. Poland has low living costs and cheap Universities around $4,400-$6,600 at private and public institutions. Poland has around 500 Universities put of which 14 feature in the QS World Ranking 2019.

Top Universities of Poland include:

  1. University of Warsaw 
  2. Jagiellonian University
  3. Warsaw University of Technology
  4. Wroclaw University of Science and Technology (WRUST)
  5. University of Wroclaw 

Also Read: Study in Europe – The Complete Guide

Other Countries that provide Cheap Education are


Netherland is becoming a preferred destination for Indian students given its high-class education and variety of program offered in the English language. It has few of the oldest universities in the world and has a global reputation for research and training. Moreover, the cost of living in the Netherlands is not quite as expensive as other European countries.

Some of the top universities in Netherland make it to the Top 50 of THE World University Rankings.

  1. Delft University
  2.  University of Amsterdam
  3. Utrecht University
  4. Erasmus University Rotterdam
  5. Vrije Universiteit Amsterdam

These Universities are quite popular for the variety of programs they offer. They are very well known for Aviation, Aerospace and Physical sciences along with Engineering and Management.

The average minimum cost of pursuing a masters degree from Netherland would be around 16-18 lakh inclusive of all expenses.


Canada has been one of the most preferred destinations to live overseas given its low cost of living as compared to the US. Currently, it is also a preferred destination for overseas education given its number of programs it offers in some of its globally renowned colleges. Its PR program makes it much easier to gain access to the country for studies.

Some of the reputed colleges in Canada are:

  1.  University of Toronto
  2. McGill University
  3. University of British Columbia
  4. University of Alberta
  5.  University of Montreal
  6. McMaster University
  7. University of Waterloo 
  8.  Western University
  9.  University of Calgary 
  10.  Queen’s University

These Universities are in the top 30 Universities according to the THE World University Rankings. They are well known for the variety of programs they offer in diverse faculties like Management, Aviation, Aerospace, Engineering, and Business.

The Cost of Living and the fees combined are around 18-20 lakh per year for a Master’s program.

Also Read: MBBS in Canada

New Zealand

New Zealand has been ranked as one of the best countries to live in for the past few years. The world-class education New Zealand offers in its globally renowned colleges makes it a hot favorite destination for Indian students seeking overseas education. The Visa process is quite easy compared to other countries. Post education the immigration opportunities make it a preferred choice.

The top Universities of New Zealand are:

  1. University of Auckland
  2. University of Otago
  3. Victoria University of Wellington
  4. University of Canterbury
  5. University of Waikato  
  6. Auckland University of Technology

You will study Tourism and Hotel Management, Engineering, IT and Computing, Social Studies under various graduate and Post Graduate programs.

The minimum cost of living and education is approximately 20 lakh per year.

Also Read: New Zealand Universities Rankings – Updated 2020


Singapore is the most preferred destination for overseas education in South East Asia. The government is taking up initiatives and focusing on education initiative making it a destination hub for education in the Asian continent. It has a variety of Programs designed for an International level of study under Management, Environment Conservation, Sciences and Engineering to Political sciences.

The top Universities of Singapore are:

  1.     National University of Singapore
  2.      Nanyang Technological University
  3.     Singapore Management University
  4. Singapore Management University
  5. Singapore University of Technology and Design
  6.     James Cook University

The cost of living in Singapore is a bit on the higher side compared to other Asian countries. The total expenses to study in Singapore are averagely around 22-25 lakh for a master’s program.

Also Read: Singapore Universities Rankings – Updated 2020

How to choose the right Country for Higher Studies Abroad?

Source: AdmitKard Youtube


Q: What are the benefits of getting a degree from an overseas University?

A:  A Bachelor’s degree from a reputed college will set you on the right path of your career. But that’s not enough if you need to speed up the ladder a Master’s degree is more helpful. A graduation degree or post-graduation degree from a reputed college overseas puts you into another league altogether. They also reflect a better position and pay scale in the job market giving you the required edge.

Q: Are overseas universities feasible?

A: To an extent, most of the colleges and Universities are quite expensive in some of the countries. The cost of living also adds up to the financial burden. But that should not let you kill your dream of getting a degree from an international college. There are cheaper and affordable options too.

Q: Which are the affordable countries to study overseas?

A: Some of the most affordable countries to get a degree from are:
1. Norway
2. Taiwan
3. Germany
4. France
5. Mexico
6. Sweden
7. Argentina
8. Poland

Q: Is an overseas degree accepted widely?

A: Getting a degree from a reputed college boosts your career path. These degrees are widely accepted not just in the Indian job market but also globally. These programs are structured not for a particular country but for an international market.

Q: Which are the best European countries to study overseas?

A:  The top European countries to study are:
1. Germany
2. UK
3. France
4. Switzerland
5. Norway
6. Netherland
7. Spain

Q: What are the best options for studying in Asia at an affordable University?

A: Singapore is becoming the most preferred destination for education for international students given its world-renowned colleges which hold a rank in the top 50 according to THE World University Rankings. Apart from Singapore, China and Taiwan are also quite affordable for overseas education.

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About the Author

Rachit believes in the power of education and has studied from the top institutes of IIIT Allahabad, IIM Calcutta, and Francois Rabelias in France. He has worked as Software Developer with Microsoft and Adobe. Post his MBA, he worked with the world’s # 1 consulting firm, The Boston Consulting Group across multiple geographies US, South-East Asia and Europe.

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