- +91 22 6921 0000
- [email protected]
Home › Study Abroad Tools › Cost Calculator
Estimate your total cost of studying abroad in ₹ Lakhs — tuition, living, visa, travel, insurance, and part-time earnings offset. Exchange rates: USD=₹95, EUR=₹110, AUD=₹55, CAD=₹62, GBP=₹107 (April 2026).
🎓 Tuition & Course
🏠 Monthly Living Expenses
✈️ One-Time Costs
Bedding, utensils, SIM, deposit
💼 Part-Time Earnings (Optional)
⚠️ Part-time work is subject to student visa conditions. Most visas allow 20 hrs/week during term. Verify with your country’s immigration rules before planning.
Cost Reference — All Countries (April 2026)
| Country | Tuition / Year | Living / Month | Visa Fee (approx) | Financial Proof | Total 2-Year MS (approx) |
|---|---|---|---|---|---|
| 🇩🇪 Germany | Free (€150–350 semester fee) | ₹85K–1.1L | ₹8,250 | €11,904 blocked account | ₹20–30L |
| 🇮🇪 Ireland | ₹18–35L | ₹1–1.4L | ₹6,600 | €10,000 | ₹45–80L (1yr MS) |
| 🇨🇦 Canada | ₹16–25L | ₹90K–1.3L | ₹9,300 | CAD 20,635 GIC | ₹50–80L |
| 🇦🇺 Australia | ₹13–25L | ₹1–1.5L | ₹88,000 | AUD 29,710 | ₹55–85L |
| 🇳🇿 New Zealand | ₹18–35L | ₹90K–1.3L | ₹17,250 | NZD 20,000/year | ₹55–90L |
| 🇬🇧 UK | ₹18–40L | ₹1–1.8L | ₹1.4L | £1,529/mo London | ₹25–55L (1yr MS) |
| 🇺🇸 USA | ₹25–60L | ₹1.2–2L | ₹32,775 | Full 1st year costs | ₹80–1.5Cr |
Exchange rates: USD=₹95, EUR=₹110, AUD=₹55, CAD=₹62, GBP=₹107 | April 2026. Source: DAAD, IRCC, Home Affairs, GOV.UK, MBIE.
Cost-saving tips from IMFS counsellors
Enter your CGPA, target country, and budget. Our University Recommender instantly shows which universities match your profile — ranked by fit, not just prestige.
Find My Scholarships →Frequently Asked Questions
Total costs vary significantly by country. Germany is the most affordable at ₹20–30 Lakhs for a 2-year MS (tuition-free public universities). UK and Ireland range from ₹24–55 Lakhs for a 1-year MS. USA ranges from ₹80 Lakhs to ₹1.5 Crore for 2 years. Canada and Australia range from ₹50–85 Lakhs for 2 years. All figures include tuition, living, visa, travel, and insurance at April 2026 exchange rates.
Germany is by far the most affordable. Public German universities charge no tuition — only a semester fee of €150–€350 (₹16,500–₹38,500). Total 2-year MS cost is approximately ₹20–30 Lakhs. New Zealand and Ireland are mid-range. USA is the most expensive. Source: DAAD Germany official.
Yes — significantly. Australia (AUD $24.95/hr, 48 hrs/fortnight) earns approximately ₹1.4 Lakhs/month. UK (£12.71/hr, 20 hrs/week) earns approximately ₹1.1 Lakhs/month. Germany (€13.90/hr, 20 hrs/week) earns approximately ₹1.2 Lakhs/month. Part-time earnings can offset 30–60% of living costs depending on the country and hours worked.
UK: £524 + £776 IHS = approximately £1,300 total (₹1.39 Lakhs). Australia: AUD 1,600 (₹88,000). USA: approximately USD 345 total (₹32,775). Canada: CAD 150 (₹9,300). Ireland: €60 (₹6,600). Germany: approximately €75 (₹8,250). New Zealand: NZD 375 (₹17,250). Sources: GOV.UK, Home Affairs, IRCC, irishimmigration.ie.
Germany: EUR 11,904 blocked account (Sperrkonto) — your own money, withdrawn monthly. Canada: CAD 20,635 GIC — also your own money. Australia: AUD 29,710. UK: £1,529/month London or £1,171/month outside London for 9 months. Ireland: €10,000. USA: proof of full first-year costs. Note: GIC and blocked accounts are not fees — you get the money back as monthly withdrawals. Sources: BAMF, IRCC, Home Affairs, GOV.UK.
Most Indian banks offer ₹20–75 Lakhs for studying abroad — sufficient for Germany, Ireland, Canada, and most UK programmes. For USA, you may need a co-signer or additional funds. SBI Global Ed-Vantage, HDFC Credila, Axis Bank, and Avanse are popular options. Collateral-free loans up to ₹40 Lakhs are available from some NBFCs. Use the IMFS Education Loan EMI Calculator to estimate your monthly repayments.
Related Study Abroad Cost Guides
Other free calculators
Book a free 1-on-1 counselling session with an IMFS expert. We have guided 67,000+ students since 1997 — across all 13 branches in India.
Book Free Counselling Session →