Costs of Studying Abroad

In recent years, studying abroad has become a trend. As long as their abilities permit, most people will choose to study abroad to enrich their knowledge and improve their abilities. However, as we all know, the cost of studying abroad is extremely high, especially those of the more popular studying abroad countries, and not all families can afford it.

1. United Kingdom

The tuition fees of British universities are affected by school rankings, school locations and majors. Generally, high-ranking schools have higher fees. The tuition fees in developed regions are more expensive than other regions, science and engineering fees are more expensive than liberal arts, and arts, medicine, and design are more expensive than science and engineering.

A master’s degree in the United Kingdom is approximately £11,750-22,000 for liberal arts, approximately £11,500-25,950 for science, and approximately £12,200-30,400 for medicine.

In addition, international students who study in the UK may choose to take a 1-year preparatory course to transition. The pre-undergraduate course fee is about 10,000-18,000 pounds a year, and the pre-master’s course generally ranges from 10,000-21,000 pounds.

The cost of living varies with the consumption level of different regions and the consumption habits of different people. NUS’s official data shows that, including food, accommodation, transportation, and shopping, students in Britain (except London) have an average annual living cost of £12,056. If you study and live in London, the annual cost is as high as £15,180. According to this cost figure, you can live better without having to work. For some very frugal students, the annual living expenses can be controlled within 7,000 pounds, and the London area can also save up to 10,000 pounds.

2. Australia

Australia is the most popular study abroad destination in the Southern Hemisphere. Australia’s top eight universities are also ranked very high in the global comprehensive ranking. The cost of studying in Australia is equivalent to that of studying in London, but on the whole, the cost will be higher than that of London.

The tuition fee and living expenses for a year of studying in Australia for a master’s degree is more than 74,000 AUD. If it is a 3-4 star school, it will be cheaper, 63,000AUD.

Although the cost of studying in Australia is relatively high, if students can make full use of their spare time to work in Australia, the hourly wage is very high. International students can get 40 hours of legal working time every two weeks while studying in Australia, which can basically reduce the living expenses of students.

3.The United States

Most American masters last 2 years, and some are 1 year.

Tuition fees for public universities in the United States are cheaper than private universities. Private universities cost approximately $25,000 to 45,000 per year, and public universities are approximately $15,000 to 30,000 per year.

In terms of living expenses, the living expenses of first-tier cities range from $1000 to $2000 per month. The cost of living in secondary cities ranges from $800 to $1000 per month. The cost of living in third-tier cities is $600 to $800 per month. The cost of living in four-tier cities is $450 to $600 per month.

4. Singapore

Singapore has followed the British educational model in education, advocating “elite education”. The course duration in Singapore is shorter than other many other countries. However, short time does not mean that the curriculum is shrinking, or that the school is not responsible for teaching. On the contrary, a one-year master’s degree can not only encourage students to find learning methods in a short time, improve learning efficiency, but also test students’ ability to withstand pressure.

The tuition fees of different subjects in Singapore vary:

  • Liberal Arts: 36,000 SGD – 58,000 SGD per year
  • Science and Engineering: 46,000 SGD – 62,500 SGD per year
  • Business: 58,000 SGD – 73,000 SGD per year
  • Art: 38,500 SGD – 62,500 SGD per year

Don’t be scared by the above tuition fees, because the Singapore government will grant scholarships to every graduate student, and public universities will also launch a wide range of preferential policies. At the same time, international students also enjoy books, computers, conference allowances, etc. Therefore, the actual cost will be lower than the above table.

As you can see, the cost of studying abroad is very high. So while choosing a country to study abroad, you are strongly recommended to take the costs into consideration.

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