How to Plan for Your Child’s Education Abroad?

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How to Plan for Your Child's Education Abroad?

After completing higher secondary education, most people dream about pursuing higher education abroad. According to Organisation for Economic Co-operation and Development, currently, there are more than 4.3 million students enrolled on various undergraduate programmes at different universities in foreign countries (countries that are not their own). The countries’ popular study destinations include the UK, New Zealand, Switzerland, Austria and Australia with more than half of the international students being Asians. Further, one of the main reasons for these enrollments at foreign universities is recruiters seeking flexibility and adaptability in their future employees. If you want to explore more about getting a degree at a foreign university, what it would take to pursue higher education in foreign countries, how to plan for your child’s education abroad, how can your child study abroad, and much more then Keep Reading!

What Are The Basic Requirements?

If your children are planning to pursue higher education abroad then the prominent requirement includes being self-sufficient to handle themselves. As when migrating to an international country far away from family and friends, where natives communicate in an entirely different language. Thus, you require language skills and problem-solving skills to survive in a foreign environment.

Time-Period for Preparation

The eligibility requirements for different universities entirely depend upon the courses you are opting for and the country you are opting for as your study destination. As soon as studying abroad becomes an interest, you and your children are required to start researching programmes especially when your child intends financial aid in terms of scholarships. Further for most countries, your child needs a Visa in that country. 

Start Researching

There are an array of study programmes available at prestigious institutions across the globe that your child can opt for as per their interests. The most common problem that you come across is language, as most of the programmes are taught in the English language. Further, your child can also earn a degree from two officially recognised institutions at the same time. Even if your university kid is not completing a degree abroad then you need to make sure that the semester or year completed at a foreign institution counts at a local university. 

Study Expenses 

When studying abroad via a local university then gradually you are required to pay tuition and fees at the university and additional charges for study programmes abroad. Other than these fees and extra fees you may also require to afford the cost of living at the particular study destination. 

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How are The Study Abroad Options Beneficial?

Yes, there are many changes along with tuition and fees but the structure of programmes could make the study abroad option more affordable or cheaper than the local option. For example, in the UK the master’s degree has a duration of one year whereas typically postgraduate degrees have a duration of two years. Thus, at Cambridge University, a Master in Business Administration Degree has a duration of 12 months and costs INR 53,00,000 as university fees whereas an MBA at Harvard would cost INR 54,00,000 per annum. Another prominent thing is the cost of living as it differs from place to place, for example, London is more expensive than Manchester. 

Health Insurance 

Another important thing you need to plan for your kid is health insurance. Don’t forget to get health insurance for your university-bound kid as it is a necessity. Usually, there are insurance plans that you can purchase from schools that would cover your child abroad. Further, there are numerous companies that provide insurance plans including HTH Travel Insurance and Compass Benefits Group.

Teach Your Child How to Handle 

Surviving at another university is exactly a big adjustment as this university is a completely different university compared to that of your native country. You are required to teach your child that it is absolutely normal to face problems and solving these problems can be a little tricky. Further, living abroad is different now than it was 20 years ago which is a positive aspect as it is easier for you to stay connected with your loved ones. 

Top Universities to Pursue Higher Education Abroad 

There are many prestigious universities across the globe that help students in their higher education. Some of these top universities are 

Name of the University World QS Rankings 2022
Massachusetts Institute of Technology (MIT) 1
University of Oxford 2
Stanford University 3
University of Cambridge 3
Harvard University 5
California Institute of Technology 6
Imperial College London 7
ETH Zurich 8
University College London 9
The University of Chicago 10
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Hope this blog helped you to understand how to plan for your child’s education abroad and how can your child study abroad. If you want to get into a high university, you’ll need more than just good grades; you’ll also need a flawless application because the competition is fierce. You may enlist the assistance of Leverage Edu specialists to assist you with the application process to realise your goals. Call us immediately at 1800 57 2000 for a free 30-minute consultation.

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