Studying abroad is something that a lot of students aspire for before or during their bachelor’s degree. Home tuition will help them to achieve their goals. Most of the students wish to pursue higher education abroad, i.e. Masters and Ph.D. In this way, they can showcase their Bachelor’s degree along with some experience (in some cases) to enroll for a great course at a world-class university. Rudraksh Immigration Group has been in the thick of things in this field for over 27 years.
It is at the right spot to give out useful advice regarding the same. Financial know-how plays almost the decisive role in choosing the country and course for the majority of students. Hence, it will be of immense value to get some tips from experts in the field of overseas education consultancy.
Here are some ways suggested by Rudraksh Consultants to plan your finances efficiently:
- You must have a budget in your mind so that the countries according to that could be shortlisted. You must understand that various countries across the world have varied fee structures, living expenses and things. Everyone can find a country according to their needs today. Therefore, it becomes imperative to have a gross budget in mind which you can’t exceed.
- Then you must know how to use that limited budget judiciously. This includes things like booking flight tickets timely, getting insurance from India instead of abroad and similar things.
- Keeping your own budget aside, you must still look for scholarship opportunities first and foremost. The Indian Government has strong tie-ups with a lot of countries where your stay or tuition fee gets some support from the government and you end up paying only a fraction of all the expenses.
- After going there, internships and part-time jobs will help you keep up with your monthly expenditure even before landing a full-time job. One must not wait until the end of his studies to get a full-time job. There are a set number of hours one can work during the semester. This number gets increased substantially during the semester break. Make sure you utilize the holidays and save up some money to fund your hobbies or send money home, as the case may be.
- Don’t buy unnecessary stuff in India which you will get at cheaper prices abroad and vice-versa. This is a great example of not everything is expensive abroad. For instance, you can buy a lot of things here at significantly lower prices. However, the opposite could also be true income cases. Electronic appliances like mobile phones, tablets and laptops are cheaper in some countries compared to India. Hence, it makes sense to avoid buying such items from India.
- It is always a great idea to save a lot of money on flights. When you decide to come back home during the holidays, you must book your flight well in advance. It is not unplanned because you are already aware of the time of your holidays from university. Hence, you can book the flight tickets earlier. This will save you a ton of money as some flight tickets cost more than twice if you leave the booking for the eleventh hour.
All these little tricks can make a world of difference when you add up these factors over the course of your studies. Hence, the planning of your finances starts from the day you start planning your studies abroad. These days the options of choosing a country and course are infinite. Therefore, you can get your money’s worth. If you want to explore these fields more, get in touch with Rudraksh Group in Mohali and they will guide you with their experienced staff.