Best 10 Budget-Friendly European Study Abroad Destinations - Ixorainternational

Study In Europe For Less Than 15 Lakhs

Isn’t it surprising? In 2022, a whopping 7.50 lakh Indian students ventured abroad for their studies. Contrast that with the previous year, where the number stood at 4.44 lakh. Quite a shift, isn’t it?

Many students choose to study abroad because they see it as a path to more opportunities, better living standards, and improved career prospects with good returns on their investment. However, studying in countries like the USA and the United Kingdom can be costly.

Fret not! You have other fantastic options for studying abroad at a fraction of the cost! Germany, Denmark, and France are some of the top choices for affordable education. By choosing one of these, you can save money and handle your finances better, easing the pressure of student loans or relying heavily on family finances.


Tuition fees in these countries are much lower, and many offer excellent scholarships that cover tuition, accommodation, and living expenses.

Tuition Costs in the Top 10 Budget-Friendly Study Abroad Destinations

Discovering budget-friendly educational opportunities around the globe is not only about lower tuition fees but also the possibility of securing scholarships that encompass various expenses. Here’s a breakdown of the average tuition costs for bachelor’s and master’s degrees in the top 10 Cheapest Countries for Indian Students:

  • Germany

– Bachelor’s: INR 20L to INR 23L per year

– Master’s: INR 35L to INR 37L per year

  • Malaysia

– Bachelor’s: INR 1.5L to INR 4L per year

– Master’s: INR 4L to INR 9L per year

  • France

– Bachelor’s: INR 2.5L to INR 8.5L per year

– Master’s: INR 9L to INR 15L per year

  • Denmark

– Bachelor’s: INR 5.5L to INR 14L per year

– Master’s: INR 9.5L to INR 20L per year

  • Norway

– Bachelor’s: INR 6.3L to INR 9.1L per year

– Master’s: INR 9.1L to INR 17L per year

  • Ireland

– Bachelor’s: INR 6.3L to INR 10L per year

– Master’s: INR 12L to INR 25L per year

  • Canada

– Bachelor’s: INR 6.5L to INR 16.5L per year


– Master’s: INR 10L to INR 30L per year

  • Sweden

– Bachelor’s: INR 7.2L to INR 13.5L per year

– Master’s: INR 12L to INR 24L per year

  • New Zealand

– Bachelor’s: INR 7.8L to INR 9.3L per year

– Master’s: INR 11L to INR 15L per year

  • Australia

– Bachelor’s: INR 9.5L to INR 23L per year

– Master’s: INR 13L to INR 25L per year

Note: These figures are approximations, and currency exchange rates may vary. Additionally, while Germany offers free education in public universities, tuition fees are applicable at private institutions.

Living Expenses in the Top 10 Most Economical Countries for Overseas Education

If you’re thinking about studying abroad, check out top 10 most economical countries for overseas education. The cost of living covers things like food, transportation, clothes, internet, study supplies, and other miscellaneous expenses.

Here are the monthly living costs for some of the most budget-friendly countries:

  • Malaysia: INR 36,000 to INR 64,000
  • Canada: INR 50,000 to 68,000
  • New Zealand: INR 64,000
  • Sweden: INR 65,000 to INR 78,000
  • Australia: INR 70,000
  • Ireland: INR 76,000
  • Germany: INR 70,000 to INR 80,000
  • France: INR 70,000 to INR 90,000
  • Denmark: INR 70,000 to INR 1,00,000
  • Norway: INR 80,000 to INR 90,000

Keep in mind that these are approximate figures and exchange rates may vary.

Top 10 Study Abroad Locations in 2024- Universities That Offer Affordable Education

Choosing where to study involves considering both tuition fees and living costs. Many prestigious universities in popular countries offer high-quality education to international students at affordable rates.


Below is the list of countries where education is affordable:

  1. Germany

Germany’s education system is well-known for offering free education, a perk that extends to both local and international students. This is particularly advantageous for Indian students, as they can pursue their undergraduate studies in Germany without fretting over tuition fees.

However, those aiming for master’s degrees in a different subject than their undergraduate program need to pay tuition fees.

Despite this, Germany’s high-quality education and abundant opportunities make it an appealing choice for students eyeing a bright future in engineering.

Academic Institutions in Germany

Renowned for their curriculum and infrastructure, German universities stand out. Below are some of the top tuition-free universities in Germany:

  • University of Stuttgart
  • University of Mannheim
  • University of Bremen
  • University of Cologne
  • University of Hamburg
  • Technical University of Munich
  • Ludwig Maximilian University of Munich (LMU)
  • Humboldt University of Berlin
  1. Malaysia

Malaysia’s captivating landscapes, cutting-edge technology, and diverse cultural blend render it an optimal destination for advancing your higher education.

Academic Institutions in Malaysia

As per QS rankings, Malaysia boasts nine universities featured in the top 500 globally. Notable institutions include:

  • Universiti Malaya (UM)
  • Universiti Putra Malaysia (UPM)
  • Universiti Kebangsaan Malaysia (UKM)
  • Universiti Sains Malaysia (USM)
  • Universiti Teknologi Malaysia
  • Taylor’s University
  • UCSI University
  1. France

France stands as a sought-after study hub in Europe, celebrated for its economical universities and exceptional quality of life. Many students embraced France as their educational haven. Despite its pricey reputation, France surprises with its relatively affordable tuition fees, attracting a multitude of international scholars. Cities like Paris, Bordeaux, Lyon, Grenoble, Montpellier, and Nice hold significant appeal for students, with Paris claiming its spot among the world’s premier student cities.


Academic Institutions in France

France boasts a prestigious education system, with numerous universities maintaining top positions across Europe. Some noteworthy French institutions encompass:

  • Université PSL
  • Ecole des Ponts ParisTech
  • Université Paris-Saclay
  • École Normale Supérieure de Lyon
  • Sorbonne University
  • Institut Polytechnique de Paris
  1. Denmark

Denmark emerges as a favored choice among Indian students aiming for superior education within a warm and inclusive atmosphere. Renowned for its exceptional education system, pioneering teaching techniques, and emphasis on research, Denmark stands out. Moreover, it offers a tranquil and secure environment, coupled with high living standards and a robust healthcare system.

Academic Institutions in Denmark

In Denmark, universities are celebrated for their avant-garde teaching methodologies and distinguished research achievements. Here are some of the premier Danish universities:

  • University of Copenhagen
  • Aarhus University
  • Technical University of Denmark
  • Copenhagen Business School
  • University of Southern Denmark
  • Roskilde University
  1. Norway

Norway stands out as an affordable study destination for Indian students looking to pursue education abroad. Renowned for its exceptional quality of life, cultural richness, and an extensive array of English-language programs offered by Norwegian universities, it holds significant appeal.

Academic Institutions in Norway

Norway boasts several esteemed academic institutions, including:

  • The University of Oslo
  • University of Bergen
  • University of Tromsø, The Arctic University of Norway
  • Norwegian University of Science and Technology
  • University of Stavanger
  1. Ireland

A significant perk of pursuing education in Ireland lies in its affordability, rendering it one of the most economical options for Indian students seeking study opportunities abroad. Tuition fees for both undergraduate and postgraduate programs in Ireland are notably lower compared to popular destinations such as the USA and the UK.


Moreover, numerous universities and colleges extend scholarships and financial aid to international students, alleviating financial burdens and enhancing accessibility to education.

Academic Institutions in Ireland

In Ireland, there are seven public universities and numerous private institutions that warmly receive international students. Notable among these are:

  • Trinity College Dublin
  • University College Dublin (UCD)
  • National University of Ireland, Galway (NUIG)
  • University College Cork (UCC)
  • Dublin City University (DCU)
  • University of Limerick (UL)
  • Maynooth University (MU)
  1. Canada

For Indian students willing to pursue studies in Canada, the nation presents a hospitable setting, exceptional infrastructure, and an extensive array of courses spanning diverse fields of study.

Canada’s proactive policies and initiatives for international students, including work permits, scholarships, and post-graduation employment opportunities, position it as an optimal choice for Indian students seeking to enrich their career prospects.

Academic Institutions in Canada

Canada stands as a sought-after hub for international students pursuing higher education. Boasting diverse universities and colleges renowned for delivering quality education and a plethora of academic programs, it offers a rich educational landscape. Notable among these are:

  • University of Toronto
  • University of British Columbia
  • McGill University
  • University of Alberta
  • University of Waterloo

Moreover, Canada hosts numerous prestigious colleges specializing in technology, business, and healthcare programs, all at affordable tuition rates.

  • Seneca College
  • Conestoga College
  • Humber College
  1. Sweden

Sweden emerges as a favored destination among Indian students pursuing higher education. Renowned for its prestigious universities, diverse array of courses, and superior quality of life, it’s no wonder Sweden ranks high on their list. The cultural interchange between Indian students and locals enriches the educational journey. Furthermore, Sweden’s dedication to sustainability and innovation offers Indian students a distinctive and invaluable learning experience.


Academic Institutions in Sweden

In Sweden, numerous distinguished universities extend high-caliber education to students globally. Among these standouts are:

  • Lund University
  • Uppsala University
  • Stockholm University
  • Karolinska Institute
  • Chalmers University of Technology
  • KTH Royal Institute of Technology
  1. New Zealand

New Zealand stands out as a safe and cost-effective option for Indian students seeking education abroad. It provides a nurturing atmosphere alongside renowned universities and a top-notch education system. Many of the nation’s premier colleges are situated in cities like Wellington, Christchurch, Hamilton, and Napier-Hastings. Auckland, the focal point of esteemed higher education institutions, serves as the epicenter of academic excellence in the country.

Academic Institutions in New Zealand

New Zealand boasts numerous prestigious universities that not only provide a wide range of courses but also offer exceptional career services to aid students in securing employment opportunities. Among these leading institutions are:

  • The University of Auckland
  • University of Otago
  • Victoria University of Wellington
  • University of Canterbury
  • Massey University
  • University of Waikato
  1. Australia

While Australia may present a relatively high cost of living, it counterbalances this with a range of scholarships and financial aid packages tailored to assist students in navigating their expenses. Among the premier student cities in Australia are Sydney, Melbourne, Brisbane, Perth, and Adelaide. These urban centers harmonize academic distinction, career prospects, and a dynamic lifestyle seamlessly. Moreover, Australia’s natural allure, showcased through its breathtaking beaches, expansive national parks, and diverse wildlife, offers students an unparalleled and enriching encounter.

Academic Institutions in Australia

In Australia, you’ll find a selection of globally esteemed universities, including:

  • University of Melbourne
  • University of Sydney
  • Australian National University
  • University of Western Australia

These institutions not only provide a wide range of courses but also offer exceptional career services aimed at facilitating student employment.

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