Studying Abroad

While acknowledging that visas are a part of the US' sovereign rights, the Ministry of External Affairs urged the US to process student visas for deserving Indian students in a timely manner

Known as a global leader in STEM, the Massachusetts Institute of Technology's financial aid programme addresses student debt in the US, which surpassed $1.6 trillion in 2020

. Affordability, post-study work prospects drive interest in Europe (Germany, Ireland) as alternative options.

Around 300,000 Indian students went to Canada last year and made up 41% of student permits in 2022

The Union Cabinet granted approval for an agreement between India and Italy to promote mobility students, skilled workers, business professionals, and young talent

Visa services for Canadian citizens were halted by India on September 21 due to the ongoing diplomatic dispute

But ensure that your policy aligns with your foreign university's requirements

Be prepared to shell out 10-20% of the total cost out of your own pocket when you go abroad for studies

Under the Priority Visa service, the UK government decides on the student's visa application within five days. Under the Super Priority service, it is granted by the end of next working day

When deciding on a college and country, estimate the entire cost and not just the tuition fee and accommodation

Education consultants advise parents to prepare for at least 2% annual increase in costs for children abroad

Western Union's study on overseas education shows over 50% students prefer specialised courses over varsity reputation

There are several other factors to consider apart from the interest rate, such as moratorium, collateral and quantum of assistance

Want to send your child abroad for studies? Tips for financial planning

Listen to the podcast to know more about financial planning for child's foreign education

Doshi, India's go-to person for students aspiring to study in America's Ivy League schools, speaks to Anjuli Bhargava on his advice to students

The GMAT test is conducted at over 650 test centres in 114 countries

According to Study Abroad counsellors, the situation looks grim and might affect long term plans for many.

Among undergraduate programs, overseas applicants are also mulling change of destinations from Asian, European and American colleges to relatively lesser impacted regions

The TCS is imposed on all LRS transactions above Rs 7 lakh including travel overseas

Apart from the higher interest rate, they may also require you to offer additional collateral