Cheapest country to study abroad for Indian students

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 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 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 which 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.

1.       Germany

2.       Norway

3.       France

4.       Netherlands

5.       Canada

6.       Sweden

7.       New Zealand

8.       Singapore


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 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.


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.       Universities like Nord University

2.       Bergen University

3.       Inland Norway University of Applied sciences

4.       NHH School of Economics

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.


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


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 in the country for studies.

Some of the reputed colleges in Canada are:

1.       McMaster University

2.       University of British Columbia

3.       University of Montreal

4.       University of Waterloo

5.       York 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.


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 University.

New Zealand:

New Zealand has been ranked 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 favourite 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.       Auckland University of Technology

4.       University of Canterbury

5.       University of Waikato

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 around 20 lakh per year.


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 Program designed for 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 University of Technology and Design

4.       Singapore Management University

5.       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.


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 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.       Germany

2.       Norway

3.       France

4.       Netherlands

5.       Canada

6.       Sweden

7.       New Zealand

8.       Singapore

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 top 50 according to the THE World University Rankings. Apart from Singapore, China and Taiwan are also quite affordable for overseas education.

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About the Author

I am a study abroad content expert, associated with the study abroad industry since years. I am a firm believer that study abroad is once a lifetime experience and everyone should get a chance of having this experience.

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