5 Tips and Tricks to Studying Abroad on a Limited Budget

Every year thousands of students embark on the journey of a lifetime by studying abroad. Studying abroad is a fantastic opportunity to experience a new culture, learn a different language, and meet new people. If you have considered studying abroad but are afraid it may be too costly or expensive, you’re in luck. Following are five tips and tricks you can use in order to study abroad without breaking the bank.

Enroll in a Work-Study Program

Enrolling in a work-study program while in college is an excellent opportunity to save money while enjoying your experience abroad. Many jobs offered in a work-study program often consist of shelving books at the library, tutoring other students in various subjects, setting up a lab prior to class, and staffing student dormitories. Your college’s admissions department should have more information about what positions are available throughout the semester.

 

Become a Nanny or Au Pair

 

Parents are always looking for a trusted adult who can provide support and care for their children after school or on weekends. Enroll in a CPR and first aid course to become certified and then consider posting your availability online. There are many websites you can use to help you land a great au pair position. You can also ask around campus if there are any professors or employees who need part-time child care for their children.

 

Research and Apply for Scholarships or Grants

 

There is an abundance of scholarship opportunities available for those who are willing to seek them out. Every year, 25% of educational costs are covered by scholarships and grants. If you choose to study in Canada, there are many great financial aid options available at most universities across the country. This is a fantastic way to cut the costs of studying abroad. See if you’re a great fit for any of the agencies offering a wide variety of scholarships and grants. You could even reach out to them directly. Sometimes reaching out to them is an excellent way for them to learn more about you, which increases your chances of being selected.

Budget Wisely

One of the best ways you can effectively cut costs is by taking an honest look at your living and entertainment expenses. Many students get in trouble with debt during college due to living beyond their means. While you should get out there and experience everything that your host country has to offer, you should try cutting your spending when you can. One way you can do this is by eliminating your dining expenses. While an occasional meal at a restaurant is fun, it can get costly fast. Try to make most of your meals at home. Check out your local grocery stores and buy generic items when you can.

 

Another way to trim your budget is by evaluating every purchase you make. Ask yourself if what you want to buy is a want or a need. While this can be a little tricky at first, you’ll get the hang of determining what you can and can not live without while saving a ton of money in the process.

Look for Compatible Roommates to Lessen Living Costs

While many students enjoy the peace and quiet of living alone, single-student apartment housing can be one of the most expensive costs you’ll have while studying abroad. Living with other students is a great way to cut your cost of living while pursuing your education. See if there are any other students on campus who are also looking for roommates. See if your lifestyles are compatible enough to consider rooming together. Having roommates is usually a great experience if you make sure your expectations are agreed upon before you move in. You may even make a lifelong friend in the process.

 

Everyone should have the opportunity to study abroad at least once in their lives. Don’t let the cost of living in a different country deter you from pursuing this experience. By studying abroad you’ll enjoy making life-long memories while experiencing things you’ve never seen before. You may even decide that your host country is where you ultimately want to live. Use these tips to help you cut the costs of studying abroad while enhancing your quality of life.

 

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