Top 10 Affordable Countries To Study In The World 2024

Studying abroad can be more affordable than you ever thought and less expensive than attending a semester or year of university at home if you plan and manage your finances well. You might potentially save thousands of dollars by choosing a low-cost study abroad program instead of your university's expensive tuition and living expenses in the campus town.

Reaching your overseas objectives can also be aided by setting aside money in advance to cover some unavoidable costs, such as travel. One of the most significant factors affecting your costs is the location of your study abroad program. This is because it affects how much money you'll need to pay for living expenses and college tuition, which determines your overall affordability.

Never fear even if you're on a tight budget we're here to assist you in finding the best offer around. The following are 10 of the most cost-effective nations to consider while organizing your study abroad vacation.

Affordable Countries To Study In The World 2024

• Norway
• Taiwan
• Germany
• Mexico
• India
• Argentina
• Poland
• Malaysia
• South Africa
• Spain

1. Norway

While all the Nordic countries provide fairly priced study-abroad destinations, we selected Norway because its public universities continue to be open to all students from across Europe, except for a few specialized programs. Like the other Nordic nations of Europe, Norway is renowned for its breathtaking scenery and high standard of living.

The vast majority of native English speakers and the abundance of English-taught courses available at all study levels are two other benefits of studying in Norway.

2. Taiwan

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If you want to study abroad in Asia, Taiwan is another economic alternative. According to the QS World University Rankings® 2019, tuition for students at National Taiwan University, for instance, begins at TW$100,920 (US$3,300) a year for liberal arts programs and rises to TW$124,200 (US$4,050) for scientific and engineering degrees.

Taiwan is a popular location for Mandarin learners and offers over 40 universities with more than 120 English-taught courses. Taiwan boasts a relatively low cost of living and a high standard of living, with yearly rent rates as low as TW$88,000 (US$2,900).

3. Germany

Known as the land of ideas, Germany is becoming more and more popular among international students. This is understandable given that it offers a respectable level of life, prominent universities, and reasonably priced living quarters.

Except for those in Baden-Württemberg, all public universities do not charge tuition for undergraduate or doctoral degrees. Although there is a chance to receive financial aid, an M.Sc. student who did not finish their undergraduate studies in Germany could spend up to €20,000 (US$23,450) a year.

To meet living expenses, you'll need at least €10,200 (US$11,950) per year; but, depending on your lifestyle, region, and spending patterns, you might need more. Additionally, a wide range of English-taught courses are offered, particularly at the graduate level.

4. Mexico

With a variety of cultures to see, Mexico is one of the most visited countries in Latin America. It has a lot to offer international students as well. In Mexico City, one of the top 100 student cities in the world, foreign undergraduate students pay an average of US$6,300 per year in tuition fees, with private universities charging higher costs.

Living expenses are also quite cheap in Mexico; a typical budget in the capital is about US$9,250, or US$6,450 elsewhere. Even though Spanish is the major language of instruction, Mexican universities are increasingly offering courses taught in English to draw in foreign students.

5. India

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Next on our list of the world's cheapest study-abroad destinations, India is a great option for students looking for affordability and cultural diversity.

English is commonly used as the medium of instruction in Indian colleges, especially at the postgraduate level, even though Hindi is the most widely spoken of the approximately 100 languages spoken in the nation. The cost of living is incredibly inexpensive; a single public transit ride may only cost 29 cents.

You should be able to live comfortably on less than US$4,600 per year, and tuition costs vary depending on your study level and the university. In general, tuition should not exceed US$7,880 per year.

6. Argentina

With its extensive terrain and breathtaking scenery, Argentina is a great place for students interested in outdoor exploration and adventure. It is the second-largest country in South America, after Brazil.

Argentina is regarded as one of the safest countries in the region and is known for its vibrant national identity and lively culture. You can typically study for free in a state-funded (public) university, while private institutions charge at least US$5,100 each year. You'll need about $5,000 for living expenses, with as little as US$350 for rent each month.

7. Poland

With a richness of culture and history to explore, Poland is a great choice for students on a budget who wish to study abroad and receive a top-notch education. You can receive free education if you can speak Polish, pass the same entrance exams as Polish students, and finish your coursework in that language.

Nonetheless, several English-taught programs are offered; the cost of these programs ranges from €2,000 to $3,500 (US$2,340 to $3,500) annually. The annual budget for living expenditures is €6,600 (US$7,700), which is also on the low side. Poland's capital, Warsaw, was ranked in the top 20 cities for affordability in the 2018 QS Best Student Cities survey.

8. Malaysia

When it comes to living expenses, Malaysia is without a doubt one of the most reasonably priced countries for international students to study. In terms of affordability, Malaysia's capital, Kuala Lumpur, was ranked #1 in the QS Best Student Cities 2016; most students will only need about MYR 14,400 (US$3,550) a year to live comfortably in Malaysia.

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Approximately US$4,000 is spent on tuition each academic year; however, certain degrees are far less costly. A few international university affiliates, such as the University of Nottingham in the UK and Monash University in Australia, are also present in Malaysia, giving students the chance to earn degrees from these institutions at a reduced cost.

9. South Africa

Known for its stunning scenery, diverse culture, and turbulent past, South Africa rounds off our list of some of the greatest places to study abroad on a tight budget. It is a wonderful alternative for adventurous students, quite inexpensive, with little living and tuition expenditures. International students at the University of the Western Cape and the University of Cape Town, the best universities in South Africa, pay about US$6,000 per year. Your living expenditures for a year will come to about R 120,000 (US$9,150).

10. Spain

Located on the Iberian Peninsula of Europe, Spain, sometimes known as the Kingdom of Spain, is a country in Southwest Europe that is partially bordered by the Atlantic Ocean and the Mediterranean Sea. There are 17 autonomous regions in all, each with a unique terrain and culture. Spain's capital, Madrid, is home to the Prado Museum, which houses a collection of European great artists' works, as well as the Royal Palace.

Studying is highly intriguing because of the country's rich cultural heritage and excellent educational system. The nation also provides English-speaking students with access to English-speaking universities. Spain has some of the lowest tuition costs in all of Europe.

The annual tuition for a Bachelor's degree program is between 750 and 2,500 euros. The cost of a master's degree program ranges from 3,500 to 10,000 euros annually. Consequently, Spain is now considered an affordable option for overseas students.

There are very few countries where you can affordably pursue higher education, including those on the following list. New Zealand, the Netherlands, Ireland, England, and Sweden are a few other locations that provide comparable educational standards at less expensive prices. Make important to weigh the costs, including living expenses, and the quality of education while choose one of these nations to attend college in.