Expat Life

Study In Europe: Take Advantage Of Low Tuition & Living Costs!

Millions of people all over the world aspire to study abroad. Countries such as the USA and the UK have lured international students to their shores for decades. In the modern era, Australia, New Zealand, Canada and Germany are also sought-after study abroad destinations. 

International Students: The ADVANTAGES Of Studying Abroad 

Do you aspire to study abroad? 

Congratulations – great decision! 

The experience of studying in a foreign country can help you expand your cultural horizons and develop a more global mindset. Moreover, life as an international student can help you develop people skills, learn to be independent and challenge yourself to consistently learn – do more and be more. And the prestige of a foreign degree can also improve your international career prospects manifold. 

International Students: The FINANCIAL COSTS Of Studying Abroad 

Unfortunately, many aspirants are unable to realise their ‘study abroad’ dream as they lack adequate knowledge about the necessary financial considerations involved in the process. These include: 

1. Tuition Fees

In most countries, ‘foreign’ students usually pay a higher fee as compared to ‘domestic’ students for any kind of programme. 

2. Other Academic Costs

Tuition fees often don’t cover other academic expenses such as: 

  • Student insurance 
  • Books, multimedia and other supplies 
  • Field trips 
  • Course equipment 
  • Journal subscriptions 
  • Professional or industry group memberships 

3. Living & Other Expenses

In addition to programme fees, studying abroad involves multiple costs including: 

Pre-departure costs: 

  • Airfare and other travel expenses 
  • Student visa 
  • Passport 
  • Insurance 

Preparation expenses:

  • Clothing, accessories, electronics, etc. 
  • Other in-country costs: 

Living expenses: 

  • Food 
  • Conveyance 


  • Rent 
  • Internet and mobile access 
  • Entertainment 

Emergency Cash

It’s always a good idea to put aside some cash for emergencies. If this is not possible, consider using a low-cost money transfer like InstaReM for money transfers to and from home. With InstaReM, you can enjoy competitive FX rates sourced from Reuters and zero hidden fees. 

You Might Also Like To Read: Important Financial Considerations For Studying Abroad 

Should I Consider Studying In Europe? 

Short answer: YES! 

With 40+ countries spread across its land mass, Europe has a well-deserved reputation as a hub of academic excellence. The continent is home to some of the world’s top universities, including: 

  • University of Oxford (UK) 
  • University of Cambridge (UK) 
  • University of Copenhagen (Denmark) 
  • University of Munich (Germany) 
  • Trinity College Dublin (Ireland) 
  • Pierre and Marie Curie University (France) 
  • Delft University of Technology (Netherlands) 

Thanks to the Bologna process of reforms, the national higher education systems and academic frameworks of most European countries are aligned. So, a Master’s degree in Sweden will be equivalent to a Master’s from Germany, Lithuania or the UK. 

Overall, Europe boasts of some of the strongest education systems in the world. According to the 2019 QS World University Rankings, 5 of the world’s Top 10 universities are in Europe. A number of universities in France, Switzerland, Germany, Netherlands, Denmark and Sweden also make it to the Top 100. 

In addition, a 2018 study by Study.EU, an independent portal, found that many international students are attracted to European universities, due to the quality of education as well as affordability (tuition fees + living expenses). 

Overall, the study found that Germany is the most sought-after study destination for international students. It is followed by the UK, France and the NetherlandsSwitzerland, Sweden, Belgium and Italy are also in the Top 10. 

Which Are The Most Affordable Countries In Europe For International Students? 

Study In Europe: Take Advantage Of Low Tuition & Living Costs!

Most European countries invest highly in their higher education systems which helps lower the costs while maintaining high-quality standards of education. Each country sets its own fee policy structure but in general, study programmes are completely free for EU students. Even for non-EU students, in Europe, the annual expenses are much lower as compared to popular study destinations such as the USA, New Zealand, Canada and Australia. Studying in Eastern European countries can be even more cost-efficient for international students. 

For example, tuition fees in the USA can vary between $13,000 (€10,000) and $35,000 (€27,000). But in Europe, postgraduate course fees are considerably lower from £4,000 (€5,000) to £20,000 (€25,000). 

If you are a non-EU student, the below table provides useful information about tuition fees in several (although not all) Northern/Western European countries: 

Country  Average Tuition Fees (public/state universities)  Living Expenses  Well-known Universities 
Austria  €363 – 726 per semester  €11,400 per year 
  • University of Vienna 
  • Vienna University of Technology 
  • University of Innsbruck 
Belgium (Wallonia)  University: €4175 per year 

Non-university: €2820 per year 

€11,400 per year 
  • KU Leuven 
  • University of Ghent 
  • Université Catholique de Louvain (UCL) 
Denmark  €6,000-16,000 per year 

Free for students holding Denmark Permanent Residence permit or participating in an exchange programme 

€1,100 per month 
  • Copenhagen University 
  • Aarhus University 
  • Technical University of Denmark 
  • Aalborg University 
Norway  Free to all students at all levels 

Semester fee (€30-60) applies 

At least 4000 NOK (€410) per month for food, accommodation and entertainment 
  • University of Oslo 
  • University of Bergen 
Sweden  €7400-25,000 per year  €800 per month 
  • Lund University 
  • Uppsala University (alma mater of 8 Nobel Prize winners) 
  • Stockholm University 
Germany  Free to all students except in the 

Federal State of Baden-Wuerttemberg: €1500 per semester 


€850 per month 
  • LMU Munich 
  • Technical University of Munich 
  • Heidelberg University 
  • University of Freiburg 
  • Free University of Berlin 
Iceland  Free to all students at all levels 

Registration fee (€545) applies 

€750 per month 
  • University of Iceland 
  • Reykjavik University 
France  Bachelor’s: €2,770 per year 

Master’s: €3,770 per year 

PhD: €380 

€9,600 per year 

(higher in Paris) 

  • Sorbonne University 
  • École Polytechnique 
  • PSL Research University Paris 
  • Montpellier University 
Finland  €4,000-20,000 per year  €560 per month 
  • University of Helsinki 
  • University of Turku 
  • Aalto University 
Ireland  Undergraduate: 

€9750-45,000 per year 

Postgraduate: €4000-48,000 per year 

€7,000-€12,000 per year 
  • University College Dublin 
  • Trinity College Dublin 
  • National University of Ireland, Galway 
Netherlands  Undergraduate: €6,000–€15,000 per year 

Postgraduate: €8,000–€ 20,000 per year 

€800-€1100 per month 
  • Delft University of Technology 
  • University of Amsterdam 
  • Erasmus University Rotterdam 
UK  Undergraduate: £8,000 and £30,000 per year 

Postgraduate: £10,000 and £13,000 per year 

£1,020 per month in London 

(can be lower elsewhere) 

  • University of Oxford 
  • University of Cambridge 
  • King’s College London 
  • London School of Economics 
Portugal  €631-€ 1,068 per year  €350-€ 1,100 per month 

(depending mainly on accommodation) 

  • University of Porto 
  • University of Lisbon 

Study.EU found that international students for whom affordability is a critical factor have plenty of options in Eastern Europe as well, particularly in Poland, Serbia, Hungary, Romania, Czech Republic, Lithuania and Latvia. 

Country  Average tuition fees (public/state universities)  Living expenses  Well-known universities 
Czech Republic  Free  €8,000 per year 
  • Charles University 
  • Masaryk University 
Romania  €500-9000 per year  €550-950 per month 
  • University of Bucharest 
Poland  £2000 per year for 1st, 2nd and long cycle studies 

£3000 per year for doctoral and postgraduate 

£3000 per year for vocational courses and apprenticeships 

€350-€550 per month 
  • Jagiellonian University 
  • University of Warsaw 
  • Adam Mickiewicz University (alma mater of Marie Curie) 
Serbia  €1000-5000 per year (2 semesters)  €350-€550 per month  University of Belgrade 
Hungary  €600-4000 per semester, depending on the programme  €350 per month in Budapest, lower in other cities  Semmelweis University 
Lithuania  Undergraduate: €1300 per year 

Master’s: €2300 per year 


€380 per month 

Among the top 10 cheapest European countries to live in 

Vilnius University 
Latvia  €2,500-4,500 per year  €450-€700 per month in Riga, lower in other cities 
  • University of Latvia 
  • Riga Technical University 

Scholarships &  Financial Aid 

Study In Europe: Take Advantage Of Low Tuition & Living Costs!

In addition to affordability (fees + living expenses), many European universities offer financial aid (scholarships, grants, awards, fellowships) to international students which further lowers their financial burden. 

For example, the EU-sponsored Erasmus Mundus Joint Master Degree scholarship (EMJMD) covers the participation costs (including tuition fees, library and laboratory costs, insurance and any other mandatory costs) for students applying to a Master’s programme at select EU universities. Europe offers a number of other scholarships that are similar to EMJMD. 

Many European countries, including AustriaGermanyUK and France offer their own scholarships. 

That apart, the government of your home country may also offer a scholarship if you are aspiring to study at a European university. However, keep in mind that there may be some obligation attached to the scholarship, such as a commitment to return to your home country to work for a certain period. International scholarships and Top Universities are two sites that offer useful information on scholarship options for international students across the world. 

Many universities offer their own scholarship programmes, for both local and international students. These details are usually published on their websites.  

Studying In Europe: Employment Opportunities 

1. Part-Time During Study

Study In Europe: Take Advantage Of Low Tuition & Living Costs!

Many international students, especially those who are self-funded, aim to work part-time to finance their day-to-day living expenses. In addition to providing income, part-time work can be a great opportunity to learn about the country’s labour market in preparation for full-time work after studies.  

Many European countries allow international students to work part-time while studying, but the rules differ in each country. 

In the UK, international students on a Tier 4 visa (pursuing a course that is six months or longer) are allowed to work different hours depending on the University’s term or their current stage in their academic lifecycle. In general, there is a 20 hours/week limit on most international students. 

The 20 hours/week restriction holds true in Spain as well. In addition, students can only undertake work that is related to their course. 

In France, during term time, students can work part-time both on-campus and off-campus. Full-time work is allowed during scheduled vacations. Overall, students in France can work for up to 964 hours during the year. 

Students in Germany can work up to 120 days per year full time or 240 days part time. They can work for more than the allowable 120 days if they find a job with the institution of study. 

2. Full-Time After Study

Study In Europe: Take Advantage Of Low Tuition & Living Costs!

Post-study employability for international students in Europe varies with every country, (owing to differences in visa rules, job market, etc.), university and programme of study. 

For example, the UK has a very competitive job market. However, it also offers a ‘post-study work stream’ via a number of work visas that allow many UK graduates to work in the country, as long as certain conditions are satisfied. 

In Germany, non-EU students can stay for up to 18 months after graduation and apply for a job relevant to their skill set. If they find a job relevant to their area of study, they can apply for an EU Blue Card (German Residence Permit) that allows them to take up employment anywhere in the EU (with a few exceptions such as the UK). 

Similarly, Ireland, France, Switzerland and Sweden also offer conditional residence/work options for international students. 

It is best to research available options and eligibility criteria before undertaking study in a foreign country. 


If you’re considering studying abroad, Europe is a haven for endless possibilities and advantages. 

European universities offer world-class education, state-of-the-art facilities and research-or industry-oriented instruction. They provide access to comprehensive libraries that have extensive collections of books and multimedia to support students in their quest for knowledge. Europe also has a rich history which provides international students with multiple opportunities for personal learning and enrichment. 

Studying in Europe prepares you for a mobile, geography-agnostic global career. And because European degrees are respected by employers the world over, international students who study in Europe have access to a wide range of graduate job and career openings. All in all, Europe is a great choice for pursuing an international degree. 

You Might Also Want To Read: 10 Terrific Reasons To Study in Europe