5 Hacks to Help you Study Abroad on a Budget

Studying abroad is a wonderful yet challenging opportunity. Whether you’re funding it yourself, or just seeking a way to help your parents save some cash, Santa Monica Cochin suggests some tips and tricks to save money and prepare students for the trials that come with studying abroad.

Book your flights early

It’s quite obvious, but the moment it gets confirmed that you will be studying abroad, start looking for flight tickets. Depending on how far you are going, buying a ticket beforehand could save you a large amount. Further, you can use this saving for additional travel on weekends or during semester breaks.

Crowd-funding Campaign

Online crowd-funding is a latest trend amongst students in which you can garner donations from family, friends and anonymous donors who believe in your capabilities. If you are independently funding your education, you probably have a unique story to tell. People will understand your story and know more about you. Some unanticipated donors will definitely come forward for help! 

Share your accommodation

Living in a shared accommodation not only saves money, but it’s also a great way to make new friends in a new city. You can also look for shared accommodations on websites such as WeRoom.com, SpareRoom (for the UK), EasyRoommate.com, Student.com, and Craigslist (in the US).

Scholarships

You can probably avail government and privately funded scholarships for studying abroad. Depending upon your subjects and career goals, there are several opportunities for receiving scholarships to pursue education abroad.

Use public transport

You can take buses, metro, or any other local commuting facilities while studying abroad. Google Maps must be your best friend, as it suggests the right bus/metro routes to take in major cities. Moreover, check if you can avail any student discounts on public transportation. Many universities provide guidance on how to get student discounts on travel cards.

Knowledge is power and you must know exactly what is expected of you financially at the time of studying abroad.