Pursuing an MBBS abroad has become an increasingly popular option for Indian students. With limited seats and high competition in Indian medical colleges, studying MBBS abroad offers a viable alternative.
Countries like Kyrgyzstan, Kazakhstan, Ukraine, Russia, and the Philippines are among the top choices due to their affordable tuition fees, high-quality education, and globally recognized degrees.
While studying MBBS abroad there are many options which are affordable to choose from. MBBS admission abroad can be at a low cost depending on the country and the medical university you choose but there are other expenses that students need to bear.
In this blog we will discuss those expenses and the tips to save money while studying MBBS abroad for Indian students.
Expenses While Studying MBBS Abroad
Here are the expenses that affect the cost of living while studying abroad, particularly studying MBBS abroad.
Tuition Fees: Tuition fees are a major expense. For instance, MBBS fees in Kyrgyzstan range from $3,000 to $5,000 per year, while MBBS in Kazakhstan can cost between $4,000 and $6,000 annually. These fees are significantly lower than private medical colleges in India.
Accommodation: Living costs vary by country and city. On-campus hostels are usually cheaper, costing around $500 to $1,000 per year in Kyrgyzstan and Kazakhstan. Private accommodations can be more expensive.
Food and Daily Expenses: Monthly food expenses range from $100 to $200, depending on lifestyle and dietary preferences. Local groceries and student cafeterias are typically more affordable than eating out frequently.
Travel: Annual travel costs include flights to and from India, which can range from $500 to $1,000, depending on the season and booking time. Local transportation within the country can add another $20 to $50 per month.
Other Costs: These include visa fees, health insurance, books, and miscellaneous personal expenses. Health insurance is mandatory in many countries and can cost around $100 to $300 per year.
Apart from these there are some miscellaneous costs depending on the life style of a student which can be vary individual to individual.
Tips to Save Money for Indian Students While Studying MBBS Abroad
If you have chosen to study MBBS abroad then you have to go ahead with a good planning and expense arrangements. Here are some important tips to save money while studying MBBS abroad for Indian students.
Choose Affordable Destinations: Research and choose countries with lower tuition fees and living costs. MBBS fees in Kyrgyzstan and Kazakhstan are among the most affordable, making them attractive options.
Apply for Scholarships: Many universities offer scholarships for international students. Apply early and thoroughly explore scholarship opportunities to reduce financial burden.
Opt for On-Campus Accommodation: University hostels are generally cheaper than private rentals. They also save on transportation costs since they are close to academic buildings.
Cook Your Own Meals: Eating out frequently can be expensive. Cooking your own meals can significantly reduce food expenses. Look for local markets and grocery stores for affordable ingredients.
Use Public Transportation: Instead of taxis or ride-sharing services, use public transportation which is usually much cheaper. Many countries offer student discounts on public transport.
Part-Time Jobs: Some countries allow international students to work part-time. Check the local regulations and look for part-time jobs or internships that can help cover some expenses.
Budgeting and Financial Planning: Maintain a strict budget to monitor and control your spending. Prioritise essential expenses and avoid unnecessary splurges.
Group Purchases: Team up with fellow students for bulk purchases of groceries, books, or other necessities to benefit from discounts.
Studying MBBS Abroad can be a cost-effective and rewarding experience for Indian students, provided they plan their finances wisely and take advantage of the cost-saving measures available.