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Top 8 Cheapest country to Study Abroad in 2022

Written by  Rachit Agrawal, MBA

Published on Wed, May 1, 2019 1:12 PM   Updated on Sat, February 12, 2022 7:36 AM   14 mins read
Source: Campus Wala

Every year, thousands of students wish to study abroad. The majority of those potential students are concerned about the cost of education. After all, studying abroad, particularly infamous places such as the United States, United Kingdom, and Australia, is not inexpensive. However, for more than 60% of Indian students who come from middle-class families, studying abroad remains a faraway dream. Further in this article, you’ll learn about the cheapest country to study abroad.

Tuition fees, cost of living, medical expenditures, and a variety of other variables all contribute to the high cost of education overseas. Though taking out loans or applying for scholarships are two choices, not everyone is eligible for loans, grants, or scholarships. Keeping all of this in mind, we have produced a list of the cheapest countries for Indian students to study abroad. The nations we’ve highlighted give high-quality education at reasonable costs.

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

Also Read: Commonwealth Scholarship

Norway

Out of so many cheapest countries to study abroad for Indian students, Norway holds 1st place. Out of 8 cheapest countries to study abroad for Indian students, why Norway is the first? Well, Norway is famous for its excellent education, high standard of living, and breathtaking natural beauty. The greatest thing is that Norwegian universities do not charge tuition fees. Yes, it is FREE for all students. In case of expenses, you will simply have to think of the living expenses of this country.

Yes, you won’t have as many undergraduate options as you would in the United States, Canada, the United Kingdom, or Australia. But, postgraduate degrees offer more choices than undergraduate degrees.

Top Universities:

  1. University of Stavanger
  2. University of Oslo
  3. Nord University
  4. Norwegian University of Science & Technology
  5. University of Bergen 

Top Courses:

  • CS and IT
  • Agricultural science
  • Biotechnology & Life Sciences
  • Animation, visual arts, and digital media
  • Engineering

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

Taiwan holds 2nd position out of all the cheapest countries to study abroad for Indian students. Taiwan is among the most popular places for students looking to pursue higher education in Asia. Around 120 English-taught programs are available at over 40 Taiwanese universities for international students.

Aside from having an outstanding list of universities, Taiwanese colleges are extremely economical due to the country’s low cost of living. Because of the country being very economical, it is said to be the best among cheapest countries to study abroad for Indian students.

Top Universities:

Top Courses:

  • Management of Information
  • Business innovation & management
  • Tourism & hospitality
  • Science in nursing
  • Constructed engineering

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

Germany

Just like Norway, Germany also is among the cheapest countries to study abroad for Indian students. For overseas students, the German system of education is fairly welcoming. Tuition expenses for undergraduate & postgraduate degrees in Germany’s public universities fees are free for every person, regardless of their nationality. But, they charge a tuition fee for a Master’s degree if a person is seeking a different area of study than the Bachelor’s degree field, which they have completed.

If you want to live in the center of Europe, then consider Germany because it is among the cheapest countries to study abroad for Indian students.

Top Universities:

Top Courses:

  • Mechanical engineering
  • Computer science
  • Chemical engineering
  • Finance
  • Medicine
  • Data science & analytics
  • Electrical engineering

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:

   

France

Despite its reputation being one of the most costly places to live in, France is an inexpensive study location for foreign students, as tuition prices are equal for both international and domestic students in France. The cost of living in Paris will be relatively high, but that shouldn’t deter you; Paris has been crowned the world’s best student destination 4 times in a row.

It might seem that France isn’t an option when you’re looking for the cheapest countries to study abroad for Indian students (accommodation wise), but France has been one of the top locations for Indian people to study abroad, with 100+ English-taught postgraduate programs.

Top Universities:

Top Courses:

  • Engineering
  • Pure science
  • Management 
  • Linguistic
  • Philosophy

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

Mexico

The next country on your list of cheapest countries to study abroad for Indian students in Mexico. 

Mexico is a North American country with a fascinating and distinct culture. The country is Latin America’s most popular tourist destination as well as a popular study location for foreign students.

Most of the programs in Mexico are taught in Spanish, which is the country’s primary language. However, many outstanding English-taught programs are still available in Mexican universities. Tuition fees in Mexican colleges vary depending on the institution, course, and region.

With a relatively low living expense, Mexico sure is one of the cheapest countries to study abroad for Indian students.

Top Universities:

Top Courses:

  • Computer science
  • Legal studies
  • Business administration
  • Health science
  • Digital illustrator

Also Read: Cheapest Universities for MBA in the UK

Sweden

International students seeking Bachelor’s & Master’s degrees will find Sweden to be an excellent choice. But what is it about Sweden that makes it so appealing? The universities are excellent, and the weather’s nice too!

Although as compared to other EU countries like Norway, Sweden has a relatively high living standard & education. But, several Swedish colleges & universities offer scholarships to needy ones. 

Sweden is a country with advanced tech and innovative ideas. It is not exactly one of the cheapest countries to study abroad for Indian students, but for the price their education quality is excellent. 

Top Universities:

Top Courses:

  • Engineering
  • Dental technology
  • Nursing
  • Dietetics
  • Forest management
  • Preschool teaching
  • Prosthetic & orthotics
  • Audiology
  • Biomedical lab science

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

Argentina

Argentina is the 2nd-largest South American Country and is one of the friendliest. It also holds the highest literacy rate in the world. It is famous for its vibrant and diversified culture as well as its spectacular natural beauty. As a result, it will be a dream location for outdoor enthusiasts and naturalists.

Aside from that, tuition fees (at a private university) are very reasonable, making Argentina one of the cheapest countries to study abroad for Indian students. Furthermore, attending a public university is absolutely free. As a result, the monthly living costs might be as little as INR 25,000 – INR 30,000.

Top Universities:

Top Courses:

  • Law & criminology
  • Marketing
  • Petroleum engineering
  • Physics
  • Social sciences
  • Mathematics
  • Computer science
  • Healthcare administration

Also Read: Benefits of Studying Abroad

Poland

Poland, home to a few of the world’s oldest universities, is recognized as an affordable country in Europe with a rich heritage and a wide range of high-quality college degrees available in English.

Because of its low living costs as well as other charges (food & transportation), it is one of the favorite and cheapest countries to study abroad for Indian students. Because Poland has a very balanced economy, Indian students can expect to pay between 350 and 550 EUR monthly in living expenses.

Top Universities:

Top Courses:

  • Mass communication
  • Chemistry
  • Medicine
  • Business & administration
  • Graphic design
  • Agriculture 
  • Biotech and life science

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.

Following are the ones:

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

Other Countries That Provide Cheap Education

For international students, it is very important to find the best university in the best country. Following are a few top countries that provide cheap and quality education.

Netherlands

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

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

Singapore

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

FAQs

✅ 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.

 ✅ Which is the cheapest country to study abroad?

 Ans. Norway & Germany offers fee-free education with low living cost, which makes them a suitable option for Indian students who want to peruse education abroad without making their pockets light.

Which foreign country is best for Indian students?

Ans. Finding the right country is not just about the fees, it is also about the weather & environment, culture, living expenses, language, and so on. Canada is one such country that offers all these facilities, and they offer several scholarships to Indian students. In recent decades, the amount of students travelling to Canada for higher ed has expanded dramatically. So, you’ll find a lot of Indians.

✅ 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

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

Safety is an issue that worries Indians to travel overseas to pursue studies a lot. Australia is among the safest places in the world, with a low crime level, making it a favourite destination for foreign students & tourists

✅ 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.

Also read:

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About the Author & Expert

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Rachit Agrawal

Author • MBA • 20 Years

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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