How to Save Money while Studying Abroad

2.  Obviously, studying abroad isn’t
inexpensive. It’s more than just the
unfortunate exchange rates. The
truth is that while living in any
major city or foreign country, people
tend to spend more than their native
land. Fortunately, not every study
abroad experience has to break the
bank.

3. Start planning early
Scholarships
Student discounts
Shop at the grocery store or local markets
Plan things in groups
Try alternate forms of transportation
Opt for anything free
Accommodations

4.  As soon as you’ve decided to study
abroad, start planning for it. Look
for different ways to make extra
money and save more money, maybe
a part-time job on weekends and
making coffee at home instead of
buying it before class will save a lot.
 Additionally, start comparing places
you are planning to study abroad.
The cost of living in different
countries do vary, so if you have the
flexibility, it’s worth to consider
going to an affordable place.

5.  There are a plethora of scholarships
out there for international students.
Ask your overseas advisor, compare
opportunities offered by different
intuitions, or just do a simple Google
search.

6.  There are a plethora of scholarships
out there for international students.
Ask your overseas advisor, compare
opportunities offered by different
intuitions, or just do a simple Google
search.

7.  Once you’re abroad, always ask for
student discounts. Many outlets,
departmental stores, and museums
offer special discounts, particularly
if you have an ISIC card
(International Student Identity
Card). Check whether ISIC card is
acceptable in the country where you
are planning to study.

8.  Shop at a local grocery store and
pick up snacks and things to prepare
for lunch and dinner. If you’re not
selective, it’s a super easy way to
save money!

9.  In addition to student discounts,
there are often group discounts, if
you’re travelling with friends,
generally for excursions and
entrance fees to museums.

10.  Always opt to walk or take the bus
or metro around the city you’re
staying in, as taxis tend to get
expensive. If you’re planning to go
on a trip, do online research.
Compare the price of flying with a
budget airline, taking a train, an
overnight bus, or using a rideshare
service.

11.  While travelling abroad, book your
accommodation well in advance and
compare the rates online. Airbnb
and Hostels are two great websites.
Hostels often provide discounts on
things like tours and pubs. Sharing
an Airbnb with friends will often give
you more privacy. Remember to
check locations before booking.

12.  Free things are more common than
you think. Many museums,
monuments and public places have
free days, take free walking tours
(but don’t forget to tip!), explore
parks and landmarks that don’t
charge an entrance fee.