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A recent survey has shown that over 7.5 lakhs Indian students went abroad last year. Amongst the top 3 destinations for Indians was the United Kingdom. The country has a top-notch educational system. But its affordability is less well known. Here are some affordable universities in the UK that you cannot miss!   Also Read: Essentials Exams for Studying Abroad After Graduation https://www.youtube.com/shorts/uIB8e2Q3d5M Cheap Universities in UK under ₹20 lakhs for Masters! Check out amazing universities that offer master's programs under ₹20 lakhs for international students. The tuition fees for these courses starts at ₹14-15 lakhs for some universities. They also offer scholarships to help you reduce the overall expense of your cost of attendance and build a career in a country like the UK! UniversityTuition Fees Starts FromUniversity of Cumbria₹14-15 lakhs/yearlyUniversity of Bolton₹16-17 lakhs/yearlyUniversity of Chester₹15-16 lakhs/yearlyUniversity of the West of Scotland₹15-16 lakhs/yearlyUniversity of Bedfordshire₹16-17/yearlyUniversity of West London₹16-17/yearlyUniversity of Wolverhampton₹16 lakhs/yearlyTeesside University₹17-18 lakhs/yearlyLeeds Beckett University₹18-19 lakhs/yearlyUniversity of Greenwich₹16-17 lakhs/ yearlyStaffordshire University₹17-18 lakhs/yearly Also Read: What is the Cost of Attendance? List of affordable institutions in the UK for foreign students 1. University of Cumbria  Founded in 2007, the University of Cumbria is a public research institution. It is in the city of Carlisle in the Northwestern part of the UK and is considered the cheapest university in the UK for a master's. It has a history of involving and welcoming students from all around the world in transdisciplinary research. The long-term objective of the institution is to provide its students with the knowledge and abilities necessary to realize their full potential and pursue rewarding jobs.  One of the low-cost universities in the UK for international students is Cumbria University. Depending on the academic level and nature of the course, different tuition rates apply. The institution offers more than 100 diverse courses.  Courses Duration Tuition Fees MBA (6 Courses) 2 Year - 5 Year GBP 12000 Engineering (2 Courses) 2 Year - 4 Year GBP 4500 Science (16 Courses) 1 Year - 4 Year GBP 10500 Arts (31 Courses) 1 Year - 6 Year GBP 7000 Law (15 Courses) 1 Year - 6 Year GBP 10500 Media Films (12 Courses) 1 Year - 6 Year GBP 9000 Hospitality & Tourism (1 Course) 4 years GBP 10500 Information Technology (IT) (1 Course) 2 years GBP 10500 Management (22 Courses) 1 Year - 4 Year GBP 9000  Affordable Universities in Canada Read More 2. University of Coventry, UK  The public institution, Coventry University, was founded in 1992. It is situated in Coventry, a city in the West Midlands region of England. A satellite campus of the institution is situated in London, and the main campus is in Coventry. As the cheapest university in London, this has become a safe haven for many international students.   About 130 bachelor's and 100 master's level courses are available at Coventry University. The number of overseas students at the university is likewise significant. Over 31% of students are international, according to statistics.  Coventry University has often been listed among the best colleges. The university is listed among the top 600 universities in the world according to the QS World University rankings. It has one of the lowest tuition costs of any prominent university in the UK. Course Intake Average International student fees MBA September, January, and May £18,600 MSc September and January £16,600 MSc with Extended Professional Practice September and January £16,700 Undergraduate Degree September and January £13,900 Undergraduate Top-up Degree September and January £13,900  Time to Invest for your child's future! 3. Staffordshire College, UK  Public university Staffordshire University offers a top-notch education. It currently provides degrees to more than 15,000 students. It has consistently ranked among the top 100 universities in the UK for a long time. For overseas students, this university offers the cheapest MBA program in the UK. Staffordshire College is one of the cheapest universities in the UK for master's as well.  Staffordshire University has a few departments and programs that rank among the top ten in the UK. It is well known for having science departments that conduct a lot of research and is highly recommended and ranked because of its work.  The psychology department  The biosciences departments  The molecular biochemistry departments  Type of course Tuition fees Staffordshire University offers on-campus undergraduate courses for the Foundation Degree, BSc, BA, BEng, LLB, and other degrees $9,250 annually 2-year accelerated degree courses £11,100 per year The placement fee for the industry-related year of a four-year sandwich program. £1,850 Tuition fee if spending the whole academic year abroad £1,385  https://www.youtube.com/shorts/sRiktJ_KLmo 4. The Bolton University, UK  A public research university, The University of Bolton was established in 1982 but only received university status in 2004. It is situated in the Greater Manchester city of Bolton. It is a prestigious higher education institution in the nation. This university is for you if you're seeking an inexpensive master's in the UK.  Special effects for film and television, visual effects for film and television, and other specialized degrees are available from the University of Bolton.  It provides a range of occupational courses in addition to the more conventional academic ones. Around 14,000 students attend, and 700 academic and professional staff members work there.  Courses Average Fees Undergraduate degree £12450 Per year Master's degree £12450-13950 Per year PhD Approx £12450 Per year  5. Trinity University of Leeds, UK  In Horsforth, England, there is a public institution called Leeds Trinity University. It was founded in 1966, and it was given full university status in 2012. The University offers high-quality courses at affordable prices while being modest in comparison to most UK universities.  In a variety of humanities and social sciences, the institution provides foundation courses, undergraduate coursework, as well as postgraduate degrees. Every year, there are more and more international students attending the university.  Leeds Trinity University is without a doubt one of the most affordable universities in the UK for foreign students. Students are given improved support and assistance in this setting, which helps them quickly feel at home.  COURSE TUITION FEES Three-year undergraduate degree course £12,000 (per year) Two-year undergraduate degree course  £12,000 (per year) MA Childhood and Education £11,500 MA Creative Writing £11,500 MA Criminology and Criminal Justice £12,500 MSc Data Science and Artificial Intelligence £12,750 MA Family Support £11,500 MA International Business £12,500 MA Journalism £12,500 LLM Law £12,500 MBA £12,500 MA Mental Health in Children and Young People £11,500 PhD, MPhil or MbR (cost per year) £12,500 MSc Project Management £12,500 MSc Psychology (conversion)  £12,500 MA Victorian Studies £11,500 Must Note: These figures are taken from the official websites and are mere reference points. Tuition fees are changed every year. Please check the official website before applying.  Also Read: Affordable Universities in Australia Conclusion  The UK is a good option for international students looking for an affordable, top-notch education. We wish you luck in your search for a decent list of reasonably priced UK schools that provide a range of degrees. You can also apply for scholarships and awards to help pay for your education. 

If you are an Indian parent looking forward to providing your kids with the best education possible and curious about the most expensive schools in India for a child's education, then keep reading!  Which are the most expensive schools in India? Let's find out the most expensive schools in India for children's education and where they are located. 1. The Doon School, Dehradun The Doon School in Dehradun is one of the most expensive and best institutions in India. Publications like The New York Times, BBC, and Times of India have framed it as one of the best schools in India. This school provides education of the greatest calibre. The school’s alumni list is enough to encourage you to send your child to this school!  Amitav Ghosh, Abhinav Bindra, Ali Fazal, Anish Kapoor, Karan Thapar, and Chandrachur Singh are some of the notable alumni of this school.  Annual fees: Cost around INR 10 lakhs - INR 11 lakhs Semester expenses: Around INR 25,000 Address: Mall Road, Dehradun 248001.Email: info@doonschool.comPhone: +91-135-2526400Website: www.doonschool.com Expensive Schools in Dehradun Read More 2. The Scindia School, Gwalior The Scindia School in Gwalior is a CBSE-affiliated school in India and is considered one of the most expensive schools in India for your child's education. It is also called the Sardar School. The school has one of the best features in the entire city because it is perched atop the Gwalior fort. The examinations are administered between January and February every year. Salman Khan, Mukesh Ambani, Anurag Kashyap, Arbaaz Khan, Nitin Mukesh, and Ameen Sayani are some of the notable alumni of this school.  Annual fees: Cost around INR 12 lakhs - INR 13 lakhs Address: The Fort, Gwalior, Madhya Pradesh 474008.Email: office@scindia.eduPhone: +91 751 248 0750Website: www.scindia.edu Schools in Gwalior for Child Education Read More 3. The Mayo College, Ajmer The Mayo College in Ajmer is an all-boys college in Rajasthan, popular among Indians and NRIs. It was established to provide modern education to Indian nobility. It is one of the oldest schools and is known for its reverence for Indian culture. The curriculum at Mayo College incorporates technological and technical proficiency, fine arts, theatre, music, sports, and academic excellence. Indra Sinha, Vivek Oberoi, The Sultan of Oman, and Tinnu Anand are some of the alumni of the school. Annual fees: Cost around INR 6.5 lakhs - INR 7 lakhs for Indians and 13 lakhs for NRIs. Address: Mayo College, Srinagar Road, Ajmer, Rajasthan 305001Email: principal@mayocollege.comPhone: 0145 – 2661154, 2664393Website: www.mayocollege.com Expensive Schools in Ajmer Read More 4. Welham Boys School, Dehradun Welham Boys School is one of the most expensive and prestigious colleges in Dehradun, Uttarakhand, India. It is the educational center of the nation situated on 30 acres of land and is affiliated with the CBSE board. Rajiv Gandhi, Sanjay Gandhi, Navin Patnayak, Zayed Khan, Mansoor Ali Khan Pataudi, and Captain Amrinder Singh are some of the notable alumni of the school.  Annual fees: Cost around INR 5.7 lakhs - INR 6 lakhs.  Address: Welham Boys’ School,5, Circular Road, Dehra Dun – 248001,Uttarakhand, India.Email: admissions@welhamboys.org and viceprincipal@welhamboys.orgPhone: 0135 – 2657944, 2657120Website: www.welhamboys.org Create Goals For Child Education in Premium Schools 5. Woodstock School, Mussoorie Woodstock School in Mussoorie is a reputed co-ed residential educational School that is one of the best and most expensive schools in India. It is the first institution in India to get a formal reputation as an international board World School with a middle-year program. There is diploma program authorization as well. Stephen Alter, Tom Alter, James Taylor, Philips Devol, and Jeet Singh are some of the notable alumni of this school.  The tuition fees of this school range from 16 lakhs for classes 6 to 8 and 17.7 lakhs for classes 10 and 12. Address: Woodstock School, Mussoorie, Uttarakhand,248179, India.Email: admissions@woodstock.ac.inPhone: +91 (135) 263-9000Website: www.woodstockschool.in Expensive Schools in Mussoorie Read More 6. Birla International School, Pilani Birla International School in Pilani is also known as the Vidya Niketan School. There are three sections of this school: the middle section, the senior section, and the junior section. Established in 1944, this is one of the most expensive schools in India for your child's education.  Vinod Rai, General VK Singh, and Vivek Chand Sehgal are some of the notable alumni of this school.  Annual tuition fees: Cost from INR 2.9 lakhs for classes 3 to 10 and 3.10 lakhs for classes 10 and 12.  Address:Vidya Niketan Birla PublicSchool, Pilani-333031Rajasthan-IndiaEmail: principal@bpspilani.edu.inPhone: (01596) 242132Website: www.bpspilani.edu.in Expensive Schools in Ahmedabad Read More 7. Good Shepherd International School, Ooty Good Shepherd International School in Ooty is a full-time residential School established in 1977 in Nilgiris, Tamil Nadu, India. It is a reputed school for its educational practices and has a top rank in the education world in India school ranking.  Malvika Vashishtha, Krishna Kishore, Mako Ravindran, and Sumesg Lekhi are notable alumni of this school. The tuition fees of this school range from INR 6.10 lakhs to INR 15 lakhs. If you are looking for one of the best schools in India for your child's admission, this can be a great option if you live in Tamil Nadu.  Address: Good Shepherd Knowledge Village, M.Palada Post, Ootacamund – 643 004 Tamil Nadu, India.Email: info@gsis.ac.inPhone: +91 423 2550 371 / 071Website: www.gsis.ac.in Schools in Ooty for Child Education Read More 8. Ecole Mondiale World School, Mumbai Ecole Mondiale World School, Mumbai is a prestigious school located in Mumbai. It is considered one of the most expensive schools in India and Mumbai. The school offers an IB curriculum board, an excellent teacher and student ratio of 6:1, and has had over 2800 university offers for its students.  It was established in 2004 and is among the top 5 IB World Schools in India.  Annual tuition fees: The annual fees for Ecole Mondiale World School is INR 6 to 7 lakhs per annum for KG to 1st-grade students. For 1 to 10th grade, it is INR 9 to 10 lakhs while the 11th and 12th grades is INR 10 to 11 lakhs.   The one-time admission fee is INR 3,00,000.  Address: Gulmohar, Cross Rd Number 9, JVPD Scheme  Juhu, Mumbai, Maharashtra 400049 Phone: 022 2623 7265 Website: https://www.ecolemondiale.org Expensive Schools in Mumbai Read More 9. Stonehill International School, Bangalore  Stonehill International School is an international IB school located in Bangalore and was founded in 2008. The school is truly global and has faculty members hailing from 35 countries. It is internationally accredited and recognized. It is considered one of the most expensive schools in India because of its infrastructure, state-of-the-art building, and adoption of the IB curriculum.   Annual tuition fees: The annual fees are INR 4 lakhs to INR 12 lakhs per annum.   Address: 259 / 333 / 334 / 335 Tarahunise Post, Jala Hobli, Bangalore North 562 157, India Phone: +91 8043418300 Website: https://www.stonehill.in Expensive Schools in Bangalore Read More 10. Bishop Cotton School, Shimla  Bishop Cotton School is located in Shimla. It is one of the oldest boys' boarding schools in India and Asia. The school conducts entrance exams across India as an admission criterion and is listed among the top expensive schools because of its facilities and academic excellence.   Annual Tuition Fees: The annual fee for 1st and 3rd-grade students is INR 6.2 lakhs and for students in 3rd to 12th grade, the annual fee is INR 6.5 lakhs.   Address: Shimla Bypass, Near Khalini, Shimla, Himachal Pradesh 171002, India Phone: (0177) 2620880 Email: secy@bishopcotton.com Website: https://bishopcottonshimla.com/  Choose the right board for child schooling Read More 11. Welham Girls’ School, Dehradun The Welham Girls School was established by Ms. H.S. Oliphant in 1957 in Dehradun. The school has classes from 6 to 12 and is affiliated to the CISCE board. It is a day cum residential institution. Some notable alumni include politician Priyanka Gandhi Vadra, Meira Kumar first lady speaker of the Lok Sabha, actress Kareena Kapoor Khan, etc.  Annual Fees: Rs. 8,50,000 Address: Welham Girls’ School, No 19, Municipal Road, Dalanwala, Dehradun-248001Email: mainschool@welhamgirls.com, wgs_admissions@welhamgirls.comPhone: 0135-2654754, 6670100Website: welhamgirls.com 12. The Lawrence School, Sanawar The Lawrence School is a co-ed boarding school located in Sanawar, (Solan) Himachal Pradesh. The school was established in 1847 and is affiliated to the CBSE board. Ashwajeet Singh, Ajai Thandi, Co-founders of Sleepy Owl Coffee, Captain Abhilasha Barak, the first woman officer to join the Army Aviation Corps as a Combat Aviator, Vipin Sondhi, MD & CEO of Ashok Leyland etc. are some of the notable alumni of this school.  Annual Fees: Rs. 13,00,000 Address: Sanawar, Dist Solan, Himachal Pradesh - 173202Email: office@sanawar.edu.inPhone: +91 1792 261208, 261209Website: sanawar.edu.in 13. Shri Ram School, Delhi & Gurugram Founded in 1988 by Mrs. Manju Bharat Ram, The Shri Ram School has 4 campuses, one in Vasant Vihar, and the other three in Gurgaon at Moulsari, Aravali, and Bhondsi respectively. It is affiliated with the CISCE and IB boards. Alumni include some popular names like actor Sonam Kapoor, Rhea Kapoor, actor-director Karan Johar, Anjali Tendulkar, etc Annual Fees: Rs. 4,00,000 Address: D-3 Street, Vasant Vihar, New Delhi - 110057Email: junior.school@tsrs.orgPhone: 26140884, 26149572Website: tsrs.org Address: V-37, Moulsari Avenue, Phase 3, DLF City, Gurugram Email: senior.school@tsrs.orgPhone: 0124-4784400Website: tsrs.orgHamilton Court ComplexPhase 4, DLF City,Gurugram - 122002Email: senior.aravali@tsrs.org, junior.aravali@tsrs.orgPhone: 0124-4784300 14. Mahindra International School, Pune Established in 1998, this school was originally named Mercedes Benz International School. It is located in Hinjewadi, Pune, and is a co-ed institution affiliated with the IB board. It is a popular school and boasts of a low student-teacher ratio. It is a day cum residential school.  Annual Fees: Rs. 17,00,000 Address: P-26 MIDC Phase 1, Rajeev Gandhi Infotech Park, Hinjawadi, Pune - 411057Email: admissions@misp.orgPhone: +91-2042954444Website: misp.org 15. The Cathedral & John Connon School, Mumbai One of the oldest institutions, this school was established in 1860 by the Anglo-Scottish Education Society in Mumbai. It is a co-ed day school offering national (ICSE, ISC) as well as international (IGCSE, IBDP) curriculum. Actors Kiara Advani, Madira Bedi, Rahul Bose, and Homi J. Bhabha are some of the distinguished alumni of this school.  Annual Fees: Rs. 8,70,000 Address: The Cathedral and John Connon School, 6, Purshottamdas Thakurdas Marg, Fort, Mumbai-400001Email: Not providedPhone: 022-2201282/022-40778140Website: cathedral-school.com https://www.youtube.com/shorts/l8Hyb77tkM8 FAQs Which is the most expensive school in India? Schools like Ecole Mondiale World School, Mumbai, Doon School, and Stonehill International School in Shimla are considered some of the most expensive schools in the country. What is the most luxurious school? Here is a list of the most expensive and luxurious schools in India: The Doon School, Dehradun The Scindia School, Gwalior The Mayo College, Ajmer Welham Boys School, Dehradun Woodstock School, Mussoorie Birla International School, Pilani Good Shepherd International School, Ooty Ecole Mondiale World School, Mumbai Stonehill International School, Bangalore Bishop Cotton School, Shimla What are the fees of an expensive school in India? Expensive schools in India cost anywhere between INR 6 to 10 lakhs per annum. This is only the annual tuition fee and does not include the cost of travel, boarding, uniform, and other school expenses. Most expensive schools in India for your child's education charge annual fees from INR 7 lakhs to INR 15 lakhs. These schools are extremely competitive and in demand with Indians as well as NRIs. They hold separate admission tests, and interview rounds as well as have a donation and referral system to select the best and most meritorious students. If you want to give your child the best opportunities then connect with us to plan your child’s education with ease! 

There are so many entrance exams for studying abroad - IELTS, TOEFL, GRE, GMAT, MCAT, GATE, and the list goes on. Do students have to appear for all these exams regardless of their course or country? NO! To avoid this common misconception, let's simplify this process and segregate the exams you should focus on for your preparation. This blog is your one-stop guide to all the exams for studying abroad after graduation! Want to learn more about studying abroad? Join our WhatsApp Community! https://www.youtube.com/watch?v=6CYroB8x7lE YouTube: EduFund The Language Requirement for Studying Abroad Before diving into specific exams, let's address the common thread: English proficiency. Most universities abroad, especially in English-speaking countries like the US, UK, Canada, and Australia, require you to demonstrate your ability to communicate effectively in their academic environment. This is usually assessed through: TOEFL (Test of English as a Foreign Language): This computer-based test by ETS assesses your reading, listening, speaking, and writing skills. A good score (ideally above 100) can significantly improve your application. IELTS (International English Language Testing System): This widely accepted test offered by IDP Education, British Council, and Cambridge Assessment English, comes in two formats – paper-based and computer-based. Similar to TOEFL, it assesses your English proficiency across four modules. There are more language tests that you can take, such as Duolingo, PTE, and C2 Proficiency, that are accepted widely across the world by top universities. However, IELTS and TOEFL are the most commonly used. It's important to check which test is the best for your application before opting for one! Additional Read: Can your child do an MBA in Canada for under 40 lakhs? Exams for Masters Abroad Now, let's delve into exams specific to your chosen program: Master's Degrees: GRE (Graduate Record Examination): For students aiming for Master's programs in various fields (excluding business), the GRE is a common requirement. This computer-based exam by ETS assesses your verbal reasoning, quantitative reasoning, analytical writing, and critical thinking skills. A strong score (ideally above 320) can make your application stand out. GMAT (Graduate Management Admission Test): If your dream is an MBA (Master of Business Administration), the GMAT is your gateway. This computer-based exam by ETS assesses your quantitative, verbal, analytical writing, integrated reasoning, and critical thinking skills. A competitive score (ideally above 700) is crucial for top business schools. Subject Tests: Some universities, particularly for STEM (Science, Technology, Engineering, and Mathematics) fields, might require GRE Subject Tests. These focus on specific disciplines like Mathematics, Physics, Chemistry, Biology, etc. Ph.D. Programs: While the aforementioned exams (GRE, GMAT) might be recommended, Ph.D. admissions often emphasize research experience, strong academic transcripts, and letters of recommendation. Some programs might have their own departmental exams. Contacting the specific program advisor is crucial. Country-Specific Considerations Here's a quick peek at some popular study destinations and their preferred exams: USA: Most universities require TOEFL/IELTS and GRE/GMAT depending on the program. Some might also recommend GRE Subject Tests. UK: Similar to the US, TOEFL/IELTS and GRE/GMAT are common requirements. Some universities might accept the LNAT (Law National Aptitude Test) for Law programs or the BMAT (Biomedical Admissions Test) for Medicine/Dentistry programs. Canada: Most universities accept TOEFL/IELTS. The GMAT might be required for business programs, while the MCAT (Medical College Admission Test) is mandatory for Medicine. Australia: TOEFL/IELTS are widely accepted. Some universities might require the GMAT for MBA programs. Important Pointers Research, Research, Research: Every university has its own admission requirements. Always check the official program website for the specific exams they require. Exam Dates & Registration: Plan your exam schedule well in advance. Registration deadlines and test dates vary, so factor this in while planning your application timeline. Preparation is Key: Don't underestimate the importance of dedicated preparation for these exams. Numerous resources, including official test prep materials, online courses, and coaching centers, are available to help you ace these tests. Start Early: Especially for competitive programs, starting your research and exam preparation well before the application deadlines is crucial. Want to save for your child’s Study Abroad Dreams? Start Investing! Beyond the Exams Remember, standardized tests are just one piece of the puzzle. A strong academic record, compelling essays highlighting your goals and motivations, and stellar letters of recommendation showcasing your potential are equally important. The Final Word Studying abroad can be a life-changing experience. Don't let the exams deter you from pursuing your academic ambitions. With the right preparation and guidance, you can crack these exams and take that exciting step towards your dream university! FAQs Which exam is best for abroad? The most common exams for abroad are IELTS and TOEFL. These are language proficiency tests used to determine your English language proficiency. There are more language proficiency exams such as Duolingo and PTE. Certain exams are for specific programs such as GRE and GMAT are for masters and MBA respectively. How can I go abroad after graduation? In order to study abroad after graduation, the first step is to determine the course you wish to study. List out all the universities and their respective eligibility criteria. Start preparing for their entrance exams (if any) and work on your SOP and LOR to create a cohesive profile!

Education can be a costly affair not only in terms of tuition fees but also the add-ons like different gadgets for students only add to your cost of living alone. Electronic gadgets form an important part of such expenses but there are some gadgets to make your student's life easier. Being informed about which gadgets serve your educational needs can be helpful in deciding if you need a laptop or a smartphone. In the long run, you don’t want to make investments you might regret later. You also want to take note of the following gadgets as expenses to consider while applying for an education loan.  Start a Goal for these Gadgets! Learn how to manage your child’s screen time on mobiles, TVs and other screens! Gadgets are essential for your child's learning, growth and development. However, its important to regulate this screening and access to gadgets, watch this video to learn the best way to give your child the best of both worlds! https://www.youtube.com/watch?v=hM54u7uCWjM Gadgets for Students Here are some essential gadgets that can make a student's life easier and enhance the learning process! 1. Smartphone or Tablet  Gone are the times when a mobile phone was solely seen as a source of distraction for students. These days a smartphone is one of the primary requirements. Be it, online classes, watching educational videos, accessing your email account, or simply surfing the internet, a smartphone is a go-to.  An alternative to smartphones is tablets which come with slightly bigger screens and better resolutions. For example, an iPad will have a higher aspect ratio than an iPhone. This means that the iPad will have more resolution and screen size than the iPhone. But it also means that an iPhone is more compact as a device as compared to an iPad. While purchasing either, you are required to make the right choice by weighing it against your requirements.   https://www.youtube.com/watch?v=tdwqQH0xkFw 2. Laptop or PC Unlike earlier, everything that can be accessed through a computer is also accessible through smartphones. However personal computers are favored over smartphones because of the experience they offer. A personal computer might comprise a monitor, CPU, keyboard, mouse, speaker, webcam, internal hard drive, and so on. Although these gadgets have to be purchased separately and can take up considerable space. But it is a good investment if you are a student because it creates a dedicated space for studying.   With laptops, the experience might not be as top-notch. Nevertheless, Macbooks are popular amongst students because of their compact design and the convenience of portability. A laptop works wirelessly and comes with a keyboard, built-in speakers, a web camera, and a touchpad in the place of a mouse. It is a brilliant investment especially if you are staying away from home for educational purposes.  3. External Hard drive  Nowadays every document you own can be saved up as a soft copy in cloud memory or your e-drive connected to your email account. This helps you take up less physical space with your studying materials. Even so, owning an external hard drive is a smart move if you want to be extra careful about preserving all of your materials.  An external drive allows you to access your documents easily without taking up much of your study space or the internal space on your device. All you have to do is connect the drive to your laptop or PC. Another attractive feature of an external hard drive is its portability.  4. Noise Cancellation Headphones  Headphones have existed as a wanted product in the market for a long time. One of the new features that have caused a terrific comeback for headphones is its noise cancellation. As the name suggests, noise-canceling headphones are meant to block out all of the external noise not only while listening to an audio clip but also during recordings or incoming and outgoing calls. The level of concentration a student can achieve is always considered a virtue that helps them excel in academics. Noise-cancellation headphones can help them attain that level of undivided attention which is also a requirement for online classes that have become the trend during the pandemic.  5. Printer  Even though many new and cool gadgets have flooded the market, printers shall never run out of fashion. If your subject or the academic course you have enrolled in requires you to get things printed regularly, going to a shop to get it done makes no sense.  Well-known brands like Epson, HP, Brother, Samsung, and Canon have introduced a range of budget printers to the market in recent years. By purchasing one of these, you would not only save up on your daily expenses but also preserve your precious time. In fact, having a printer at home can come in handy during emergency assignment submissions.   6. Electric Kettle & Emergency Lamp As a student, you might be required to pull all-nighters frequently. Even if that is not the case, staying up late might simply be part of your daily study routine. In such circumstances, gadgets that can make your life easier are electric kettles and emergency lamps.  Make yourself a cup of coffee or tea if you feel drowsy. You are no longer required to leave your study table to go to the kitchen as long as own an electric kettle. An emergency table lamp will come in handy if you are sharing your room with a fellow student or living in a dorm.   7. Kindle  Kindles will never run out of favor among students as long as academics is about gathering knowledge by reading books. A Kindle is an e-reader manufactured and sold by Amazon. One can read not only e-books but also e-magazines and other such digital content on this wireless gadget.  Call it a side effect of globalization, but nowadays students are required to keep moving from one location to another during different stages of their education. As such, a Kindle is an indispensable gadget - it is the alternative to carrying hard copies of bulky books. Moreover, it comes with cool features like a highlighting tool and sometimes a waterproof body. Dictionaries will be at your disposal while reading if you have them downloaded on your Kindle. You will not be required to carry a dictionary everywhere you go, as long as carry your books in your Kindle.    8. External Batteries & Portable Chargers   Being a student means you will require safe-to-use and convenient gadgets to charge devices like your phone, laptop, tablet, speaker, and so on. A range of portable chargers has been developed in recent years by reputed companies to make life easier. The concept of clutch batteries or chargers that are the size of a clutch or purse is becoming increasingly popular in this era of digitization.    For students who depend on rigorous online activity as part of their academic curriculum, these allow them to charge their devices wherever they are. For charging devices iPhones, special external batteries like the Ubio Labs Shadow Series have been developed which are not only easy to carry but also stunning to look at. 9. Rocketbook Everlast smart reusable notebook  Rocketbook is a digital notebook for all those who love to write over typing. It is a useful and affordable gadget for students who have trouble taking notes on their laptops and need a notebook that can be reused and even used later to add transfer notes digitally.   It’s a popular and efficient product for college students, school students and even working professionals.    10. Anti-theft laptop bag   Want to protect your expensive laptop then get an anti-theft laptop bag to ensure maximum security for your gadgets as a student. It is an affordable bag. bag rucksack and helps you protect your precious belongings at school or college from theft.    11. External hard drive  An external hard drive is a must for every student. It helps you store all your data safely. If you are a student who uses a lot of storage on your laptop for photos, videos, college projects, or freelance work – this is the right gadget for you. It helps you protect your data from a virus on your laptop or in the event your laptop breaks down.   Hard drives come in different capacities and based on that; the product has different price points.     12. Laptop tray with fans  A laptop tray is a great addition to the list of gadgets students need. It cools down your laptop and ensures your work is not hindered because of an overheating laptop or sudden shutdown because of overuse. Make you get a laptop tray the size of your laptop.   These trays are portable and let you work on your laptop without any disturbance.     13. Folding Bluetooth keyboard  A folding keyboard is great for students who do not have a laptop. You can attach it to your phone or tablet and type away your notes or do-to lists. It's lightweight, easy to carry, and connects with your laptop, phone, iPad, or tablet with ease.   It is a great alternative for students who do not have to buy a laptop but need a writing keyword to type their assignments and projects.    14. Wi-Fi range extender  The Wi-Fi range extender is a great product for students. The Internet is man’s new best friend and a student’s savior during college. Good Wi-Fi can help you with your workload. A range extender can cover your entire house or apartment, you do not have to sit in a particular corner to get the best service.    15. Portable phone charger  Student hours are long and tiring. You may not always have a battery on your phone or a plug to charge it quickly. That’s when a portable charger comes in handy, you can charge your phone while traveling, during class, or in a car.   It is a must-buy gadget for students and working professionals.   Start a Goal for these Gadgets! Conclusion Choosing the correct devices to make your student's life easier should not be a taxing chore. Make sure to devote time to saving up beforehand for each investment. Having funds dedicated to such purchases and knowing what you should purchase can make your student's life not only easier but also fulfilling. FAQs Which gadget is best for students? Here are some gadgets for students that make their lives easier: Smartphone or Tablet Laptop or PC External Hard drive Noise Cancellation Headphones Printer Electric Kettle & Emergency Lamp Kindle External Batteries & Portable Chargers Rocketbook Everlast smart reusable notebook Anti-theft laptop bag External hard drive Laptop tray with fans Folding Bluetooth keyboard Wi-Fi range extender Portable phone charger Why are gadgets useful for students? Gadgets serve many purposes; they make our lives easier, help us stay connected with the world, and make significant life decisions. From helping with homework to traveling the world, gadgets are useful, for students for education, learning, and life experiences. What are some fun gadgets? Here are some fun gadgets for students: FitbitSmartphone or TabletLaptop or PCNoise Cancellation Headphones

Australia is one of the top destinations for Indian students who wish to study abroad. Its culture, universities, language, and student policies have allowed Indians to settle there and build careers. Fun Fact: In order to study in Australia, students must have $24,505 (₹13 lakhs) in savings to apply for a student visa. This tells us that studying in Australia is not cheap, but by planning, budgeting and finding the most affordable universities in Australia, you can make your dreams a reality. However, the costs of pursuing higher education in Australia can be a major concern and barrier for many students. Let's utilize this blog and discuss the process, exams, universities, and living costs that every student should know about before planning to go abroad! https://www.youtube.com/watch?v=MwQWKYxxJ8o https://www.youtube.com/watch?v=AbYbP-HKAd8 Source: EduFund Top 10 Cheapest Universities in Australia 1. University of the Sunshine Coast Located in Queensland, the University of the Sunshine Coast is renowned for its affordable education and commitment to providing high-quality facilities. The university places a strong emphasis on practical learning and industry engagement. They offer a diverse range of undergraduate and postgraduate programs in fields like business, science, education, and health. The annual tuition fee for international students is approximately A$22,000, making it one of the most affordable options available. Moreover, the cost of living in this area is lower than in other Australian cities, further easing the financial burden on students. 2. Charles Sturt University Situated in New South Wales, Charles Sturt University is celebrated for its exceptional teaching and research facilities. With a strong focus on industry-relevant programs and practical learning experiences, the university offers a wide array of undergraduate and postgraduate programs, including business, education, and health-related disciplines. The annual tuition fee for international students is around A$24,000, making it an attractive and affordable choice for higher education. Additionally, the cost of living in this region is relatively low, providing students with a conducive and affordable living environment. Bachelors in Australia Read More 3. Federation University Australia Nestled in Victoria, Federation University Australia stands out as one of the most affordable universities in the country. The university is committed to providing quality education and offers a range of undergraduate and postgraduate programs in various fields, including business, science, education, and health. With an annual tuition fee of approximately A$25,000, international students can pursue their academic goals without breaking the bank. Moreover, the cost of living in this region is relatively affordable, making it an attractive choice for budget-conscious students. 4. Southern Cross University Situated in New South Wales, Southern Cross University is known for its excellent teaching and research facilities. The university prides itself on fostering a supportive and inclusive learning environment for its diverse student population. Offering a range of undergraduate and postgraduate programs in fields such as business, education, and health, the university provides an affordable avenue for international students to pursue higher education. With an annual tuition fee of around A$26,000, students can access quality education without incurring excessive financial burdens. Additionally, the cost of living in this region is relatively low compared to other cities, ensuring students can manage their expenses effectively. How to Finance a Child's Australian Dream? Read More 5. Victoria University Based in Melbourne, Victoria University is recognized as one of the cheapest universities in Australia for international students. The university offers a wide range of undergraduate and postgraduate programs across various disciplines, including business, science, education, and health. With a focus on industry connections and practical learning experiences, Victoria University provides students with valuable skills and knowledge for their future careers. The annual tuition fee for international students is around A$28,000, making it an affordable option. Furthermore, the cost of living in Melbourne, while higher than in some other cities, can be managed with careful budgeting. https://www.youtube.com/watch?v=Ew2MC3RCo68 6. Torrens University Situated in Adelaide, Torrens University is renowned for its excellent teaching and research facilities. The university offers a diverse range of undergraduate and postgraduate programs in fields such as business, education, and health. With a commitment to providing industry-relevant education, Torrens University equips students with the skills and knowledge necessary to thrive in their chosen careers. The annual tuition fee for international students is around A$29,000, making it an affordable option for pursuing higher education in Australia. Additionally, the cost of living in Adelaide is relatively lower than in other cities, allowing students to allocate their resources effectively. 7. Australian Catholic University Located in Sydney, the Australian Catholic University stands out as one of the cheapest universities in Australia for international students. The university offers a range of undergraduate and postgraduate programs across various fields, including business, science, education, and health. With a focus on holistic education and fostering a strong sense of community, the Australian Catholic University provides an enriching learning experience. The annual tuition fee for international students is approximately A$29,000, offering an affordable pathway to higher education. Although the cost of living in Sydney is higher than in some other cities, students can manage their expenses through careful budgeting and availing of available resources. 8. Charles Darwin University Charles Darwin University, situated in Darwin, offers outstanding education and research facilities. The university provides a diverse range of undergraduate and postgraduate programs in numerous fields, including business, education, and health. With a strong emphasis on practical learning and industry engagement, Charles Darwin University prepares students for successful careers in their respective fields. The tuition fee for international students is around A$30,000 per year, and the cost of living in Darwin is relatively lower compared to other Australian cities, allowing students to stretch their budget effectively. 9. James Cook University Situated in Queensland, James Cook University is known for its affordability and commitment to international students. With a strong focus on research and tropical expertise, the university offers a range of undergraduate and postgraduate programs across various fields, including business, science, education, and health. The annual tuition fee for international students is around A$30,000, making it an attractive option for those seeking affordable education. Moreover, the cost of living in this region is notably lower than in other cities, allowing students to manage their finances efficiently. 10. Western Sydney University Located in Sydney, Western Sydney University is recognized for its excellent teaching and research facilities. The university offers a range of undergraduate and postgraduate programs across various fields, including business, education, and health. With a strong emphasis on practical learning and industry connections, Western Sydney University equips students with valuable skills and knowledge for their future careers. The annual tuition fee for international students is around A$31,000, providing an affordable option for higher education. Furthermore, the cost of living in Western Sydney is relatively affordable, allowing students to make the most of their educational journey without compromising their financial stability. While the expenses of higher education in Australia can be a concern for several students, the universities mentioned above are some of the cheapest options in Australia, providing a wide range of programs across various disciplines. Want to save for your child's Australian Dreams? Start Investing! Affordable Universities in Australia for Undergraduate Programs By considering these options, students can choose affordable universities without compromising the quality of their education. Here are some Australian universities known for being easier on the wallet (tuition fees mentioned are yearly estimates in Indian Rupees): University of Southern Queensland (USQ): USQ offers bachelor's degrees starting around ₹3.3 Lakhs and postgraduate programs around ₹3.6 Lakhs. University of the Sunshine Coast: This university boasts bachelor's programs starting at ₹18 Lakhs and Master's programs at around ₹18 Lakhs. Edith Cowan University (ECU): ECU is known for its budget-friendly Master's programs, some starting as low as ₹13.2 Lakhs. Charles Darwin University: Explore the unique landscape of Australia while studying at Charles Darwin, with undergraduate programs starting at ₹19 Lakhs. Charles Sturt University: This university offers a good range of affordable programs, with Bachelor's degrees starting at ₹16.8 Lakhs. Education Loans are only for the RICH! Bust these Myths here! Beyond Tuition Fees: The Cost of Living in Australia While tuition fees are a significant factor, remember to factor in living expenses: Accommodation: On-campus housing or shared apartments are budget-friendly options, ranging from ₹30,000 to ₹50,000 per month. Food: Groceries and eating out can vary depending on your preferences. Expect to spend around ₹20,000 to ₹30,000 per month on food. Transport: Public transport can be expensive in major cities. Consider purchasing a student travel pass for concessions. Budget around ₹8,000 to ₹12,000 per month. Visa and Overseas Health Cover (OHC): Factor in the cost of your student visa application (around ₹14,000) and Overseas Health Cover (mandatory for international students - costs vary depending on the provider). https://www.youtube.com/watch?v=7Y0V6Z0lcJs&t=3s Planning Makes Perfect! Start researching scholarships and financial aid options well in advance to ease the financial burden. Many universities offer merit-based scholarships and work-study programs for international students. Studying in Australia can be an enriching and life-changing experience. With careful planning and these tips on affordable universities, you can turn your dream into reality! Pro Tip: If you are a young parent and you are determined to send your child abroad for higher studies, the best way to afford is to start investing now. A small SIP can help you save lakhs and reduce your child's college expenses by a huge margin! Connect with our experts if you need guidance! https://www.youtube.com/watch?v=BD_LIbnYDFQ FAQs Which university has the lowest fee in Australia? No specific university offers the lowest fees in Australia. However, you can find various courses that charge as low as ₹12 lakhs annually at some universities to study. What are some of the affordable Australian universities for Indian students? University of the Sunshine Coast (A$22,000), Charles Sturt University (A$24,000), Federation University Australia (A$25,000). What's the cost of studying at the University of Sunshine Coast, Australia? The annual tuition fee for international students is approximately A$22,000, making it one of the most affordable options available. Is studying in Australia affordable for international students? Studying in Australia is cheaper than studying in USA or UK. However, its not without its budget constraints. Average fees for courses in Australia range between ₹12 to ₹20 lakhs, and students must have $24,505 (₹13 lakhs) in savings to apply for a student visa.

Education loans have emerged as a much-needed motivation for students who want to pursue higher studies but are constrained by financial issues. Even students who could afford their higher education on their own now opt to take out student loans. This is because an education loan may enable you to maintain your own funds for unforeseen expenses, as well as enable you to receive tax benefits and raise your CIBIL score. Also Read: Tips to Get Education Loans for Abroad Studies What is the moratorium period for an education loan? The duration of a borrower's exemption from loan repayment is known as the moratorium period. Loans taken out for education are subject to this repayment holiday. All government bank education loan programs are required by the Reserve Bank of India to provide a moratorium or grace period on loan repayment. Like other loans, an education loan has an interest rate attached to it. This interest starts to accrue the first month after the student loan is approved. However, government banks are required to grant borrowers of education loans a repayment holiday. This indicates that during the designated moratorium time, students are not required to pay back the interest. It should be kept in mind that during this time, the interest is not waived but simply deferred. When loan repayment begins, students will have to pay this accrued interest (split equally). Despite the fact that each bank has its own terms and conditions, most financial institutions offer a moratorium period of one year after the completion of the program. https://www.youtube.com/watch?v=fufyFB9aMQI&t=1s How do the grace period and moratorium period differ? A grace period and a moratorium period are frequently confused in the market. It is critical to understand that a grace period is a predetermined period after payment is past due during which, the payment may be made without incurring a penalty. On the other hand, a borrower is not required to make payments during a moratorium period. Also Read: Is Collateral Compulsory for Education Loans? What are the benefits of an education loan moratorium period? Let's examine some of the benefits of the repayment holiday. With an education loan, the student will have less financial stress while they are studying. The student can focus on their academics without having to worry about money during this grace period because the bank does not impose any penalties for non-repayment. After completing the program, individuals can focus all of their efforts on finding a career that suits them within a year of graduation without having to worry about debt payback for a year. Throughout this time without repayment, the student's credit score is unaffected. During the moratorium period, the parents, who are typically co-borrowers of student loans, are not required to make any repayments. Also Read: Common mistakes when taking an education loan Is there a downside to the moratorium period? The moratorium term on student loans, like every coin, has both advantages and disadvantages. As was previously noted, the interest is delayed rather than waived during this time. As a result, it basically accumulates and the student is then required to pay it back. Due to the absence of payments during this period, the loan duration may somewhat lengthen. Some financial institutions impose simple interest throughout the study period and compound interest during the moratorium period, which raises the overall amount of interest that has accrued. Despite its many benefits, the most straightforward approach to get around the moratorium periods’ drawbacks is to begin payments as soon as you can. Perhaps, even while you're still in school with the help of a part-time job. https://www.youtube.com/watch?v=TNVvKy460dQ What is the moratorium period for the various Indian banks? Lenders have different moratorium periods. On the basis of the different types of lenders, we may broadly divide this period. The moratorium of various lenders is as follows: Public-sector Banks: Government banks often have a moratorium period of the course period plus six months. During this moratorium, there are no payments that students are required to make. Private-sector Banks: In private banks, the moratorium term is often the course period plus 12 months. However, throughout this moratorium time, the borrower must pay a certain sum of simple interest. After the moratorium period, installments beginning with a portion of the principal amount will be made. NBFCs: Typically, an NBFC's moratorium period is equal to the course period plus an additional 12 months. However, during this moratorium time, the borrower must pay a simple interest sum or some partial interest (determined and disclosed throughout the loan process). After the moratorium period, installments that include some of the principal amounts begin. https://www.youtube.com/shorts/uPGJr3BiXpI Conclusion A moratorium period is a great way to reduce the pressure of repayment on a student while studying. It's crucial to remember that this time period does not come with interest. As a result, the interest charged on the remaining balance of an education loan will be lower the earlier a student begins loan repayment. If there is any confusion regarding these financial issues or if any information or guidance is required, our team of financial advisors is constantly available for you. FAQs How many months is the moratorium period? It is usually 6 months to one year, depending on the candidate's profile and the bank's moratorium criteria. Is moratorium period good or bad? The moratorium period is a period of relief for the student and their parents. It allows them to figure out a way to repay the loan and gives the student enough time to become an earning member of the society. This period is not interest free so it is recommended that the student starts making some repayments towards their interest so that they are not burdened when the moratorium period ends. Is interest paid during moratorium period? Yes, interest is charged during moratorium period and the student can repay it as well. However, they are not obligated to pay interest during this period. Can I pay my education loan during the moratorium period? You can pay interest on your education loan during the moratorium period. Consult an expert advisor to get the right plan TALK TO AN EXPERT

Becoming a parent is extremely exciting yet daunting. It's the start of a host of new responsibilities, especially when it comes to finances. This blog will help you keep track of the most critical decisions and presents a consolidated financial checklist for new parents to help you manage and secure your child's future! Check out: Did you know these facts about education costs? 😱 https://www.youtube.com/watch?v=aLU2K6SsfC0&t=1s 1. Create a Budget and Emergency Fund Establishing a budget is crucial for managing your household expenses effectively. Determine your monthly income, fixed expenses, and discretionary spending to ensure that your finances are on track. Additionally, build an emergency fund to cover unexpected expenses, such as medical emergencies or home repairs, aiming for at least three to six months' worth of living expenses. 2. Secure Health Insurance for the Family Healthcare expenses can be a significant financial burden, especially with a new addition to the family. Invest in comprehensive health insurance coverage for yourself, your spouse, and your child to safeguard against unforeseen medical costs. Look for policies that offer adequate coverage for maternity and newborn care, ensuring peace of mind for your family's health needs. 3. Protect Your Family with Life Insurance As new parents, it's essential to prioritize your family's financial security in the event of an unfortunate circumstance. Invest in a suitable life insurance policy that provides financial protection and support for your loved ones in case of your untimely demise. Calculate the appropriate coverage amount based on your family's future financial needs, including living expenses, education costs, and outstanding debts. 4. Plan for Your Child's Education Education expenses are a significant financial commitment, and it's never too early to start planning for your child's future. Research various education savings options, such as mutual funds, education savings plans, or dedicated savings accounts, to help fund your child's higher education. Start investing as early as possible to take advantage of the power of compounding and ensure sufficient funds are available when your child reaches college age. 5. Get all their Documents Sorted As new parents, you need to sort out all their documents beforehand within the first year. From their birth certificate, PAN minor, Aadhar, make sure all their documents are created and ready for use. Also, it's essential to have a clear plan in place for the distribution of your assets and ensure your child is added as a beneficiary legally. https://www.youtube.com/watch?v=peDFdmed0Nw&t=8s Conclusion Becoming a parent is a life-changing experience that brings immense joy and responsibility. By following this comprehensive financial checklist, new parents in India can take proactive steps to secure their family's future and provide a solid foundation for their child's growth and development. Remember, early financial planning and investing, especially in mutual funds, can make a significant difference in achieving your family's long-term financial goals. Start planning today to ensure a brighter tomorrow for your loved ones. Join our robust WhatsApp Community that helps parents invest!

Planning for college abroad can be exciting, but navigating the financial aspects can be daunting. One crucial term you'll encounter is the cost of attendance. This term refers to the entire cost of studying at a university; it includes tuition, living expenses, books, food, accommodation and other necessary costs that a student may encounter while at college. Let's do a deep dive and understand what the cost of attendance is, what it includes and how the cost of attendance is calculated. https://www.youtube.com/watch?v=-OQXP2yMDpc&t=15s What is the Cost of Attendance? The COA is the estimated total cost of attending a college or university for one academic year. It considers tuition fees as well as living expenses like accommodation, food, books, and miscellaneous costs. Think of it as a college's budget blueprint for a typical student. Use the College Cost Calculator to Find Out the Cost of Attendance for Any University! What's included in the Cost of Attendance? The core components of the cost of attendance are similar across countries, but there might be slight variations. Here's a breakdown: Direct Costs: These are fees paid directly to the institution. They include: Tuition and fees: This is the core academic cost, varying significantly based on the program and college. Housing: On-campus residence halls or dorms come with a fixed fee. Meal Plans: Many colleges offer meal plans for on-campus dining, with varying costs depending on the meal frequency. Indirect Costs: These are estimated expenses for student needs beyond the college. They include: Books and Supplies: Textbooks, notebooks, and course-specific materials. Transportation: Commuting costs (buses, passes) or personal vehicle expenses (fuel, insurance). Personal Expenses: Laundry, toiletries, phone plans, entertainment, etc. https://www.youtube.com/shorts/Dhe2ezcmKJw Example of US University and its Cost of Attendance Let's consider New York University (NYU) amongst USA universities. Their undergraduate COA for the 2023-2024 academic year is around $83,280. This includes: Direct Costs: Tuition and fees: $58,328 Room and board (on-campus): $24,952 Indirect Costs: Books and supplies: $1,800 Transportation: $1,200 Personal expenses: $7,000 (estimated) https://www.youtube.com/shorts/RtYVjahqGuk Example of UK University and its Cost of Attendance The UK system has tuition fees set by the government, with some variation between UK universities. For instance, University College London (UCL) estimates a COA of £29,000 (approx. ₹33.8 lakh) for international undergraduates in 2023-2024. This includes: Tuition fees: Around £19,000 (approx. ₹22.3 lakh) Living expenses: This can vary depending on location and lifestyle, but UCL estimates around £10,000 (approx. ₹11.7 lakh) for accommodation, food, and other costs. Read on: Study in UK under ₹20 lakhs yearly! Example of Canadian University and its Cost of Attendance Universities in Canada generally have lower tuition fees compared to the US. The University of Toronto estimates a COA of CA$30,000 (approx. ₹1.7 lakh) for international undergraduates in 2023-2024. This includes: Tuition fees: Around CA$20,000-25,000 (approx. ₹1.15-1.45 lakh) depending on the program. Living expenses: Around CA$10,000 (approx. ₹58,000) for accommodation, food, and other costs. https://www.youtube.com/shorts/nyV0rwJu-7c Key Differences to Consider Government Support: The US has minimal government support for undergraduate education, leading to higher tuition fees. The UK and Canada have a mix of government funding and tuition fees, resulting in a generally lower COA. Living Expenses: The cost of living in major cities like New York can significantly inflate the US COA compared to smaller towns in Canada or the UK. Consult an Expert FAQs Is the COA negotiable?  Generally not. However, some colleges might offer merit-based scholarships or need-based financial aid that can reduce your overall cost. Can the actual cost be different from the COA? Yes. Your spending habits can affect indirect costs. You might find cheaper housing options or save on transportation. How do I find the COA for a specific college?  Most colleges prominently display the COA on their website's financial aid section. Is studying abroad always more expensive than in India?  Not necessarily. The COA can vary depending on the college, program, and lifestyle choices. Does the cost of attendance change every year? Yes, cost of attendance increases every year as the cost of studying rises. Due to inflation and high demand for universities across the world, the cost of attendance for most universities goes up by 3-4% annually. How do you calculate the total cost of attendance? The cost of attendance is a sum of all your education expenses at an university/college. It includes tuition fees, living expenses, books, transportation and other activities a student may be required to undertake. The best way to calculate is to use the EduFund College Cost Calculator. You can find out the average cost of attendance for any university and compare it with other universities to make the right choice!

One of the largest AMCs in India, DSP has been helping investors make sound investment decisions responsibly and unemotionally for over 25 years. DSP Mutual Funds is backed by the DSP Group, an almost 160-year-old Indian financial giant.  In this blog let us explore their – DSP Short Term Fund.  About the DSP Short Term Fund  Investment Objective: The primary investment objective of the Scheme is to generate returns commensurate with risk from a portfolio constituted of money market securities and/or debt securities.    Note: There is no assurance that the investment objective of the Scheme will be realized.  Read On: Is investing in mutual funds safe? Addressing all your concerns! What is in the DSP Short Term Fund?  This fund invests in high quality debt securities, primarily AAA rated corporate bonds and sovereign (government) bonds and can invest up to 20% in AA+ rated instruments.  It is one of DSP’s oldest debt funds with a 19 year+ track record.  Portfolio Composition  Top 5 Holdings  Name Instrument Weightage % GOI Sec 7.18 14/08/2023 GOI Securities 9.68 Power Finance Corporation Ltd SR BS221B Debenture 7.59 17/01/2028 Debenture 4.61 GOI Sec 7.32 13/11/2030 GOI Securities 4.35 GOI Sec 7.17 17/04/2030 GOI Securities 3.46 Titan Company Ltd SR 2 NCD 7.75 03/11/2025 Non-Convertible Debenture 3.44 Note: Data as of 31st March 2024. Source: Value Research Performance   Particular DSP Short Term Fund CRISIL Short Duration Debt A-II Index ^ CRISIL 10 year Gilt Index  CAGR (%) CAGR (%) CAGR (%) 1 year 7.65 7.5 8.55 3 years  5.44 5.42 4.3 5 years 6.73 6.59 6.15 Since Inception 7.79 7.61 6.4 Note: Data as of 28th March 2024. The fund is of direct-growth option. Source: DSP MF  Check Out: Top Mutual Funds to Invest In for your child's education! Fund Managers The Fund is managed by  Mr. Laukik Bagwe - he has been managing this fund since July 2016 and he has a total work experience of 23 years.  Mr. Sandeep Yadav - he has been managing this fund since March 2022 and has a total work experience of 21 years.  Who Should consider the DSP Short Term Fund?  Investors can consider this fund if they  Value stability and consistency of returns.  Do not want to take a high level of credit or interest rate risk.  Are looking to reduce the overall risk level of their portfolio.  Want to invest for short term.  Why should one invest in DSP Short Term Fund?  This fund can be a credible alternative to a 3 year bank FD.  As this fund is actively managed by fund managers, it can aid in generating alpha.   Time Horizon  One should look at investing for a period between one to three years.  Investment through a Systematic Investment Plan (SIP) may help in tackling the volatility of the broad markets.  Conclusion  The DSP Short Term Fund has a proven track record of more than 19+ years, where it has delivered a CAGR (Compounded Annual Growth Rate) of 7.61% as of 28th March 2024. As the fund invests in money market and debt securities it carries low to moderate risk. One can consider it for a short-term period as an alternative of FD.   Disclaimer: This is not recommendation advice. All information in this blog is for educational purposes only.  Invest Now

Tata Asset Management Private Limited (TAMPL) manages investments of Tata Mutual Fund. TATA is one of the pioneers of the Indian Mutual Fund Industry. With an average AUM of almost Rs 1.5 Lakh crore, the AMC is among the oldest in the country. It has a track record of 30 years in investment management. Let us get to know about – Tata India Consumer Fund.  Read On: Is investing in mutual funds safe? Addressing all your concerns! About Tata India Consumer Fund  Investment Objective – The investment objective of the scheme is to seek long-term capital appreciation by investing at least 80% of its net asset in equity/equity-related instruments of the companies in the consumption-oriented sectors in India. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved   Investment Philosophy The scheme seeks to achieve its investment objective by investing at least 80% of its net assets in equity & equity-related instruments of companies that are part of consumer-oriented macroeconomic sectors. Their investment philosophy involves navigating between the extremes of prioritizing growth at any price and deep value investing. They achieve this balance by combining elements of both approaches, emphasizing growth at a reasonable price.  The Fund Manager follows the AMFI sector classification for deciding the investment universe for the scheme.  The Scheme may also invest some portion of the investible funds in debt and money market instruments.  Check Out: Top Mutual Funds to Invest In for your child's education! Portfolio Composition  The portfolio comprises 93.92% allocation in Equity, 0.01% in debt and the remaining 6.07% is held in cash and cash equivalents.   Top 5 Holdings for Tata India Consumer Fund   Name Sector Weightage % ITC Consumer Staples 8.16 Zomato Services 6.79 Maruti Suzuki Automobile 6.14 Nestle India Consumer Staples 5.88 Tata Consumer Consumer Staples 5.86 Note: Data as of 31st  March, 2024. Source: Value Research Performance Since Inception  Period Tata Money Market Fund return (Annualised) (%) Nifty India Consumption TRI (%) Nifty 50 TRI (%) 1 Year 41.48 38.88 28.4 3 Years  21.57 20.49 16.12 5 Years 18.5 17.13 16.64 Since Inception 18.93 14.44 14.69 Note: Data as of 29th February,2024 Source: tatamutualfund.com Fund Managers Mr. Sonam Udasi backed with 25 years of his expertise in Equities Research is presently the Senior Fund Manager for multiple equity schemes at Tata Asset Management, since 1st April, 2016.   Mr. Aditya Bagul has over 11 years of equity research experience, he joined Tata Asset Management in October 2021. He has been managing this fund since 3rd October, 2023.  Who Should Invest in Tata India Consumer Fund?  This fund is suitable for Investors  Those wanting investments in equity/equity-related instruments of the companies in the consumption-oriented sector in India.   Those investing for long-term capital appreciation.   Ideal Time to Stay Invested   A minimum investment period here is 3 to 5 years.   Conclusion  In summary, the Tata Consumption Fund is poised to benefit from India's strong economic growth, driven by its demographic dividend and rising consumer spending. With structural drivers like the expanding middle class, the fund positions itself as an investment opportunity for those seeking exposure to India's consumption story.  Disclaimer: This is not recommendation advice. All information in this blog is for educational purposes only.  Invest Now

UTI is one of the pioneers of the Indian Mutual Fund Industry. With a total Asset Under Management of INR 15.56 lakh crore. The AMC is among the most trusted names in the mutual fund space and offers products across asset classes. Let us talk about the – UTI Innovation Fund.  Read On: Is investing in mutual funds safe? Addressing all your concerns! About UTI Innovation Fund  Innovation fosters unique ideas that could create new markets, increase growth, and/or disrupt incumbents in their domains. Over the past few years, India’s focus on innovation and adoption of technology has led it to emerge as the third-largest start-up ecosystem globally. We believe innovation is an important catalyst for economic growth and wealth creation. This fund by UTI aims to capture this innovation theme.  Investment Objective It is an open-ended equity scheme following innovation theme. The Fund aims to invest predominantly in innovation-oriented companies and disruptors with potential of delivering non-linear growth outcomes.   The scheme intends to provide medium to long-term capital appreciation through investment primarily in growth and innovation-oriented equity and equity-related instruments.  Note: There is no assurance or guarantee that the investment objective of the scheme would be achieved.   Check Out: Top Mutual Funds to Invest In for your child's education! Investment Thesis  The investment strategy of the scheme focuses on the below:  Innovation – Companies that use innovation to enhance productivity, create environmental and social impact  Growth – Companies having significant potential for growth, demonstrated track record of developing the market and/or gaining market share  Quality – Companies that are financially strong with market leadership, robust business models, quality management and corporate governance  Source: UTI MF  Portfolio Composition  The funds are allocated 93.8% to equity, 0.92% debts and 5.29% Cash and Cash Equivalents.    Top 5 Equity Holdings for UTI Innovation Fund  Name Sector  % Zomato  Technology 6.66 Pb Fintech  Financial 6.49 Info Edge (India) Technology 5.88 FSN E-Commerce  Consumer Discretionary 5.43 Praj Industrials 4.53 Note: Data as of 31st March. 2024. Source: Value Research  Performance Since Inception  Period NAV (%) Nifty 500 TRI (%)  (%) Since Inception 5.27 16.84 13.44 Note: Fund performance since launch; Inception Date – 13th October. 2023. Returns are of direct plan. Source: UTIMF Fund Manager  The fund is managed by Mr. Ankit Agarwal. He holds a post graduate degree in Management (PGDM) from IIM, Bangalore. He joined UTI in August 2019. Presently he has been designated as Fund Manager; managing UTI Mid Cap Fund. He has more than 12 years of experience. Prior to joining UTI, he was working with Lehman Brothers, Barclays Wealth and had been associated with Centrum Broking Ltd in the capacity of Senior Vice President.   Who Should Invest?  Investors looking for a true to label innovation fund that is benchmark agnostic and backed by research expertise.  Investors seeking relatively high growth potential and willing to ride the underlying waves of innovation.  Investor who wants to invest through lump sum or staggered (SIP/STP) allocation and with a long-term horizon.  Time horizon  The fund is ideal for investment with a time horizon of 5 years or above.   Investment through Systematic Investment Plan (SIP) may help in tackling the volatility of the broader equity market.  Conclusion  The equity portion of the fund's portfolio is managed actively with a bottom-up stock-picking approach, while the debt portion is managed with a focus on credit quality and liquidity. The fund has performed with a CAGR of 5.27% since inception, while having very high risk. Since the fund has just  6 month ago and it would be interesting to see whether the fund will meet its benchmark return in the future or not.  Disclaimer: This is not recommendation advice. All information in this blog is for educational purposes only.  Invest Now

UTI is one of the pioneers of the Indian Mutual Fund Industry. With a total AUM of Rs 15.56 Lakh crore, the AMC is among the most trusted names in the mutual fund space for 20 years now. The UTI Mutual Fund offers products across asset classes.  Let us discuss about – UTI Corporate Bond Fund.  Read On: Is investing in mutual funds safe? Addressing all your concerns! About UTI Corporate Bond Fund  Investment Objective – The investment objective of the scheme is to generate optimal returns by investing predominantly in AAA/equivalent rated corporate bonds.    However, there can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/indicate any returns.  Investment Strategy  A corporate bond debt fund focusing accrual-oriented income strategy.  This fund intends to invest 100% portfolio in AAA/ equivalent assets.  This fund has up to 72% allocation in higher credit quality corporate bonds.   Portfolio Composition  The portfolio comprises 93.89% allocation in debt, and the remaining 6.12% is held in cash and cash equivalents.   Top 5 Holdings for UTI Corporate Bond Fund   Name Instrument Weightage % GOI Sec 7.18 14/08/2033 GOI Securities 18.62 LIC Housing Finance Ltd FD 7.67 15/04/2033 Debenture 4.93 National Bank for Agriculture & Rural Development SR 24E Debenture 7.80 15/03/2027 Debenture 4.67 Power Finance Corporation Ltd SR 223 Debenture 7.64 22/02/2033  Debenture 4.28 Indian Railway Finance Corporation Ltd SR 173 Debenture 7.68 24/11/2026 Debenture 4.11 Note: Data as of 31st March, 2024. Source: Value Research  Performance Since Inception  Period UTI Corporate Bond Fund Nifty Corporate Bond Index A-II (%) CRISIL 10 Years Gilt Index (%) 1 Year 7.35 7.41 8.54 3 Years  5.25 5.20 4.30 5 Years 7.02 6.65 6.15 Since Inception 7.20 6.97 6.64 Note: Data as of 31st March, 2024 Source: utimf.com  Fund Manager  The fund is managed by Mr. Anurag Mittal, Deputy Head- Fixed Income and Fund. He is a CA from ICAI and holds a MSc from University of London. He has been managing the scheme since December, 2021.   Check Out: Top Mutual Funds to Invest In for your child's education! Why Invest in UTI Corporate Bond Fund?  The scheme seeks to capture yield movements at the short to medium (1 to 5 years) segment of the curve, depending on the interest rate outlook and yield. Further, the current elevated real bond yields offer patient investors a favourable chance to earn decent accrual income and capital gains as the interest rate cycle shifts.  Who Should Invest in UTI Corporate Bond Fund?  This fund is suitable for Investors  Who are seeking for reasonable income and liquidity over the medium term.  New debt mutual fund investors who do not wish to take high levels of credit risk  Those looking to diversify their fixed-income portfolio.  Ideal Time to Stay Invested   Investors may consider this fund as a part of the core fixed income portfolio allocation for an investment horizon of 2 years and above.  Conclusion  UTI Corporate Bond fund is an open-ended debt scheme investing in highly rated debt instruments. The fund aims to generate reasonable income and capital appreciation by investing in high credit quality debt instruments. Currently, one to three-year corporate bonds stand a good chance of gaining from rate cuts, enhanced interbank liquidity and a decrease in corporate bond issuance during the first half of the fiscal year. Investors who are looking for an alternative to traditional instruments like FDs can consider this fund after studying risk metrics of the fund.  Disclaimer: This is not recommendation advice. All information in this blog is for educational purposes only.  Invest Now

Choosing the right time to enroll your child in nursery school is a decision that many Indian parents grapple with. While some may opt for an early start to foster socialization and early learning, others may prefer to wait until their child is more emotionally and developmentally ready. In this blog, we'll explore the factors to consider when determining the best age to start nursery school in the Indian context, helping parents make an informed decision for their child's educational journey. Also Read: Financial Checklist for New Parents in India Early Learning: Benefits and Considerations Starting nursery school at a younger age, typically around 2 to 3 years old, offers several potential benefits for children. Early exposure to structured learning environments can stimulate cognitive development, language skills, and socialization. Additionally, nursery school provides opportunities for children to interact with peers, develop essential social skills, and learn through play-based activities. However, parents should consider their child's readiness for separation from caregivers and ability to adapt to a new environment before enrolling them in nursery school at a young age. Also Read: Raising Confident Learners: A Guide to Positive Parenting Readiness Indicators: Signs Your Child is Ready for Nursery School While age can be a helpful guideline, every child develops at their own pace, and readiness for nursery school varies from child to child. Look for signs of emotional and developmental readiness, such as: Social Skills: Is your child comfortable interacting with other children and adults? Do they exhibit basic sharing, turn-taking, and cooperative play skills? Independence: Can your child complete simple tasks independently, such as using the toilet, dressing themselves, and following basic instructions? Communication: Does your child demonstrate language skills, such as speaking in simple sentences, understanding simple instructions, and expressing their needs and emotions? Curiosity and Interest: Is your child curious about the world around them and eager to explore new experiences and activities? Also Read: 5 investment plans every parent should have Cultural and Regional Factors In India, cultural and regional factors may also influence the age at which children start nursery school. Some parents may prioritize early education to give their child a head start academically, while others may value a more relaxed approach to early childhood education. Additionally, considerations such as family dynamics, parental work schedules, and availability of quality nursery schools in the area can impact the decision-making process. Must Read: Advice for First-year College Students – Given by Parents Finding the Right Balance Ultimately, the best age to start nursery school for your child depends on a combination of factors, including their individual readiness, family preferences, and cultural context. While early exposure to structured learning environments can be beneficial for some children, others may benefit from a more gradual transition or a later start. As parents, it's essential to trust your instincts, observe your child's cues, and choose an approach that aligns with your family's values and goals. Nursery is the best time to invest too! If your child is ready for nursery, they are also ready for an education fund for themselves. Once your child turns 2-3, its time to start thinking about education planning and saving for their higher education, especially college. The best way to saving for college is to invest via mutual funds. Mutual funds allow you to invest monthly, which means by the time your child is off to college, they will have a healthy education fund to pay for their college. Start investing ₹5000 monthly and watch your child's savings grow as they grow! Conclusion Deciding when to start nursery school is a significant milestone for both parents and children. By considering factors such as readiness indicators, cultural influences, and individual preferences, Indian parents can make informed decisions about the best age to enrol their child in nursery school. Whether opting for an early start or a more gradual approach, the key is to prioritize your child's well-being, development, and happiness as they embark on their educational journey. Join our robust WhatsApp Community that helps parents invest! FAQs What is the perfect age for nursery? Starting nursery school at a younger age, typically around 2 to 3 years old, offers several potential benefits for children. Is 1 year old too early for nursery? Yes, one year is early to start nursery. It is benefit to enroll your child when she/he turns 2 or 3 years of age. Do babies benefit from nursery? A nursery is a great place for babies to learn and interact with the world. Its a stimulating environment, peer interaction, and activities engage children in a meaningful and impactful manner.