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15 Cheapest Countries to Study Abroad for Indian Students

  • Author :
  • TATA AIG Team
  • Last Updated On :
  • 04/10/2023

Studying abroad can be a one-in-a-lifetime experience for students. It gives you a chance to meet new people, explore new places, understand new cultures, and get great opportunities. But all these amazing things come at a cost. There are tuition fees, accommodation expenses, travel costs, etc., that you have to bear if you plan to study in another country.

There are some countries where Indian students can travel to study without having to break the bank. These countries offer quality education, and the costs are lower. If you are wondering about the countries to study abroad for free or with minimal expenses, we have curated a list that might be helpful for you.

One of the other things that you need to remember before you travel abroad is to buy the right international travel insurance plan. A travel insurance plan, particularly for students, becomes essential to ensure they have coverage against emergencies like accidents and hospitalisations.

You can get the right travel insurance policy from Tata AIG in a few quick and simple steps. The process of purchase is hassle-free and can be done from the comfort of your home. Moreover, in case the need arises, the process of submitting a travel insurance claim is not simple and quick with Tata AIG.

Now, let us get into all the details of the cheapest countries to study abroad.

Cheapest Countries to Study Abroad for Indian Students

Here is a list of the cheapest countries to study for Indian students:

Germany

When it comes to studying abroad, one of the cheapest countries for Indian students is Germany. It is one of the countries to study abroad for free. It offers free education to its residents as well as international students.

The state-funded universities offer free education to the students, with a minimal contribution of about 100 to 150 euros for each semester. Germany is also a famous country among Indian students because it is safe and offers a diverse culture to students.

Cost of living and course fees: The cost of living per month in the country is about 800 to 1000 euros. The tuition fee is free, but there is a contribution of 100 to 150 euros that needs to be paid each semester. Thus, it is considered the cheapest country to study abroad for Indian students.

(Check conversion rates)

France

France not only offers some of the best educational institutions, but it also offers a huge variety of educational courses for students. Campus France, the national organisation for the promotion of French higher studies abroad, offers over 1360 different courses in the English language. France is a safe country and offers students a great environment to grow. Also, it is one of the cheapest countries to study MBA for Indian students.

Cost of living and course fees: The cost of living per month in the country ranges from about 400 to 1200 euros. The state provides two-thirds of the expenses for education, and the following expenses have to be paid by the students as a full registration fee:

Licence level (Bachelor’s): 2,770 euros/year

Master’s level: 3,770 euros/year

Moreover, there are many scholarships offered that you can apply for if you wish to study in France.

(Check conversion rates)

[Note: Germany and France are Schengen countries that necessitate having an international travel insurance plan from India to enter the borders.]

Mexico

The structure of education in Mexico can be compared to the studies of universities based in the US and Europe. The bachelor’s degree takes 4 years to complete, the master’s degree takes 2 years, and the doctorate takes three years. It is one of the cheapest countries to study abroad for Indian students, and it has some of the best educational institutions in the Latin American region.

The cost of living per month is 18,200 MXN. Undergraduate tuition fees are quite cheap. The tuition fee for the entire year can be as low as MXN 380.

Cost of living and course fees: For postgraduate courses, students studying in a private university will have to pay anywhere between 1600 MXN to 16300 MXN per year. The same PG courses in public universities may cost between 1000 to 2500 MXN annually. A student studying for a master’s degree at a private university will have to pay about 34000 MXN for each semester, making it one of the cheapest countries to study abroad.

(Check conversion rates)

Norway

As per the Norwegian government, everyone has the right to education. Norway is famous for its quality of research, and it is one of the top choices among students from around the world. The experience of education in Norway is very unique, and the universities in the country accept applications from qualified individuals worldwide.

Cost of living and course fees: The living expenses in Norway per month can range from 7000 and 9000 NOK. Students who apply to Norwegian universities from outside Switzerland/EFTA and EU/EEA must prepare to pay tuition fees for the universities. Exchange students do not have to pay tuition fees. Thus, it is one of the cheapest countries for Indian students.

(Check conversion rates)

Poland

One of the best places to study in Europe is Poland. You will have plenty of options to study on the basis of your academic goals. If you plan to study in Poland, as an Indian student, you will have to pay the required tuition fee because India is not a member country of the EU. Poland is a safe country with very few criminal incidents.

Cost of living and course fees: The approximate living expenses for a month in Poland can be around 1,800 PLN. The cost of a bachelor’s degree is 200 euros per year, and a master’s degree costs about 3000 euros annually. Typically, study programmes have a tuition fee ranging from 2000 to 6000 euros annually.

MBA courses in Poland cost somewhere between 8000 to 12000 euros. It is one of the cheapest countries to study MBA for Indian students.

(Check conversion rates)

Denmark

Denmark is one of the best countries to go for your higher education. The people of the country are warm and help you adjust to the culture. It is a safe country which makes it one of the top choices for education among Indian students.

Cost of living and course fees: The approximate cost of living in the country is 800 to 1200 euros per month. Depending on the course, the tuition fee can range from 6000 to 16000 euros annually. This is one of the cheapest countries to study abroad for Indian students.

(Check conversion rates)

[Note: Norway, Poland, and Denmark are Schengen countries that necessitate having an international travel insurance plan from India to enter the borders.]

Argentina

Argentina is becoming one of the top choices for Indian students who plan to study abroad. The universities in the country are regarded as some of the best in Latin America.

Cost of living and course fees: The cost of living in the country per month is about USD 1000. Public universities do not charge a tuition fee from students in the country but you will have to pay the tuition fee if you plan to study in a private university. It is one of the countries to study abroad for free.

Malaysia

Malaysia is one of the cheapest countries for Indian students that offer quality education. The best part is that most universities teach courses in English which eliminates the language barrier. There are many amazing universities in Malaysia, and the rich and diverse culture makes it one of the top study destinations for students from all over the world.

Cost of living and course fees: The approximate cost of living in the country is MYR 4500 per month. The tuition fee can range from MYR 5500 to MYR 23000 annually depending on the course you choose.

There are many scholarships that you can opt for. Thus, it is one of the cheapest countries for Indian students.

(Check conversion rates)

Taiwan

Taiwan is becoming one of the most popular study destinations around the world. It has a top-notch high-tech sector, and if technology is not your area of expertise, there are many other courses that you can choose. The institutions in the country will welcome you because they want more students to come and study there.

Cost of living and course fees: The approximate cost of living in the country is 680 to 880 euros per month. The course fees depend on the courses, but the tuition fees can range from USD 800 to 15,000 annually.

(Check conversion rates)

Switzerland

One of the most beautiful countries in the world, Switzerland has a huge population of international students. It has a diverse culture with a very low crime rate, but the cost of education is slightly higher compared to other countries. This might not be one of the cheapest countries to study abroad, but there are a number of scholarships offered to make the costs affordable.

Cost of living and course fees: The approximate cost of living in Switzerland is 1400 to 2400 euros per month. The tuition fee, depending on the course, can range from USD 400 to 3700 annually.

(Check conversion rates)

Belgium

State-run universities in Belgium offer a number of scholarships to students. German, Dutch, and French are the three different languages that students can learn there.

Cost of living and course fees: The approximate cost of living in the country is 873 euros to 1380 euros per month. According to the course that you choose, the tuition fee can range from 2500 to 7500 euros.

(Check conversion rates)

Italy

Italy is a safe country with a stunning landscape, but is it ideal for Indian students to pursue education? Being one of the top tourist destinations in Europe, Italy is comparatively expensive.

Cost of living and course fees: The approximate cost of living in Italy is 800 euros per month. According to the course that you choose, the tuition fee can range from 500 to 4000 euros. Thus, it is one of the cheapest countries to study for Indian students.

(Check conversion rates)

Spain

Studying in Spain can be great as you will get amazing resources to learn the Spanish language and the culture. It is a great country to go to for your education, and you will find great opportunities to grow your horizon. It is a safe country, and the people are also accepting and helpful.

Cost of living and course fees: The approximate cost of living in Spain is 900 to 1000 euros per month. According to the course that you choose, the tuition fee can range from 1000 to 3500 euros. Thus, it is one of the cheapest countries to study abroad.

(Check conversion rates)

Austria

Austria is located in the central part of Europe, and it makes it one of the top choices for people planning to study in Europe. Austria is cheaper than some of the other countries when it comes to the tuition fee. Majorly, Austrian people speak different dialects of the German language, but English is also a widely spoken language.

Cost of living and course fees: The approximate cost of living in Austria is 900 to 1300 euros per month. According to the course that you choose, the tuition fee can range from 700 to 750 euros. Thus, it is one of the cheapest countries to study abroad for Indian students.

(Check conversion rates)

Sweden

The education system of Spain is quite unique in the sense that they put a lot of emphasis on group study and individual study rather than lectures. They feel students work well when they have freedom and independence.

Cost of living and course fees: The approximate cost of living in Austria is 750 to 1250 euros per month. According to the course that you choose, the tuition fee is about SYK 80,000. Thus, it is one of the cheapest countries to study abroad for Indian students.

(Check conversion rates)

[Note: Spain, Sweden, Austria, Italy, Switzerland, and Belgium are Schengen countries that necessitate having an international travel insurance plan from India to enter the borders.]

Conclusion

These are some of the best countries where Indians can study if they wish to go abroad. We suggest you compare the expenses and value of education before making a choice. Many of these countries can be super affordable and will offer a great study experience. Do your research well before you take your pick, and make the most of your opportunity to travel abroad. But when you plan to travel abroad, do not forget to get an international travel insurance plan.

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