8 Cheapest Countries to Study Abroad in 2020

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.

Source: Campus Wala

Getting admission to 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 are very high in many countries.  There are Scholarships available that help reduces the burden a bit.

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. Poland

Also Read: Commonwealth Scholarship


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 that are very much affordable.

Best Subjects to Study in Norway:

  • Industrial Engineering
  • IT & Computer Science
  • Natural Sciences
  • Life Sciences and Biotechnology
  • Digital Media, Animation and Visual Arts

Top Universities of Norway are:

  1. University of Oslo 
  2. University of Bergen 
  3. Norwegian University of Science and Technology 
  4. The 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


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?


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 that are ranked in the top 100 according to THE World University Rankings and are well known for their technical knowledge along with other faculties.

Best Subjects to Study in Germany:

  • Computer Science
  • Mechanical Engineering
  • Medicine
  • Biomedical Sciences and Biotechnology
  • Data Science & Data Analytics

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:



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 in 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. The 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 countries, 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


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


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 adds 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 their 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.

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


Approximately 90,000 International Students come to study in Argentina 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


Poland is among the largest and most populous countries in Central Europe. Poland has a rich culture and a 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

Cheapest Country To Study MBA For Indian Students

With MBA being one of the most sought-after global career choices, the choices for the aspirants looking to pursue MBA programs abroad are also increasing. While researching universities to study abroad, one crucial factor for most of us is the cost involved.

However, MBAs from the US and UK are the most coveted, but they are the costliest as well. Therefore, to help you plan for your study abroad, I have put together a list of countries that offer quality education and won’t burn a hole in your pocket as well.

There are many European countries you can do your master’s in business administration where the tuition fees are almost equivalent to India.

Following are the ones:

  • Lithuania
  • Latvia
  • Poland
  • Italy
  • Czech
  • Hungary

Other Countries That Provide Cheap Education are


Netherland is becoming a preferred destination for Indian students given its high-class education and variety of programs offered in the English language. It has a 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 in other European countries.

Some of the top universities in the 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 master’s degree from the 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 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


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

Ans. 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.

✅ Are overseas universities feasible?

Ans. 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.

✅ Which are the affordable countries to study overseas?

Ans. 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

✅ Is an overseas degree accepted widely?

Ans. 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.

✅ Which are the best European countries to study overseas?

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

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

Ans. 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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Comments (60)

  1. Anuraj :

    Which is the best country for Indian students to study abroad?

    • Piyush Bhartiya :

      Australia and Germany top the list when it comes to the best education system. With almost no tuition fee and world-class universities, these countries become the best and Cheapest country to study abroad for Indian students.

  2. Dhruv :

    Can a poor student study abroad?

    • Piyush Bhartiya :

      Yes, definitely as there are a lot of countries which charge almost no tuition fee which we say are the Cheapest country to study abroad for Indian students.

  3. Anusha :

    Is it better to study in India or Canada?

    • Piyush Bhartiya :

      It depends on a lot of factors like your budget, the field of study, however, universities in Canada are much better than in India.

  4. Anvesha :

    In which country study is free?

    • Piyush Bhartiya :

      Denmark, Finland, Iceland, Norway, and Sweden are some of the countries which offer opportunities to study free or at low cost.

  5. Atishay :

    Is life abroad better than in India?

    • Piyush Bhartiya :

      The Standard of living in developed nations such as the USA, The UK, Canada, Australia is better than India.

  6. Aditya :

    Is Canada cheap to study?

    • Piyush Bhartiya :

      Studying in Canada is not cheap but it is much more affordable than many other countries.

  7. Avantika :

    Can an average student study abroad?

    • Piyush Bhartiya :

      Definitely, it does not matter how your previous academics are, just focus on exams like GMAT, GRE, IELTS, etc.

  8. Arpit :

    Which country has the most Indian students?

    • Piyush Bhartiya :

      New Zealand

  9. Aman :

    Which better to study: Australia or Canada?

    • Piyush Bhartiya :

      Australia ranks higher when it comes to providing a quality education.

  10. ekansh :

    Which foreign country is best for study?

    • Piyush Bhartiya :

      When it comes to studying, The United States always tops the list.

  11. Munna :

    Which country is safe for Indian students?

    • Piyush Bhartiya :

      Australia is the safest country for Indian students.

  12. Ansh :

    Which country is best for MBBS?

    • Piyush Bhartiya :

      The Philippines is best for MBBS studies.

  13. Aditi :

    Which country has the cheapest tuition fees?

    • Piyush Bhartiya :

      Germany tops the list when it comes to the Cheapest country to study abroad for Indian students.

  14. Asmita :

    Why do Indian students study abroad?

    • Piyush Bhartiya :

      It depends on a lot of factors, but mostly due to better career opportunities in abroad countries.

  15. Kritika :

    Is it better to do a Master’s in India or abroad?

    • Piyush Bhartiya :

      It totally depends on what you are looking for in your masters, if you want to settle abroad, you should definitely consider doing masters abroad.

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