One of the most important parts of international education is figuring our what you can afford. Can you attend that high-priced private school in an expensive city? Or is a more affordable option required? You can get basically the same education in an area with a lower cost of living, or attend a state school or community college. You can work, get loans and apply for scholarships. But until you know how much money you will need, its hard to figure out how you’re going to get it.
Creating an overall budget is a critical part of affording your study overseas. Truly, there are options for people regardless of what your overall budget is, but you have to know the budget to know your options. The Study USA section of InternationalStudent.com has a good article on creating a budget. Also review these earlier posts on this blog on Estimated vs. Actual School Budget and Evaluating School Program costs .
With a little effort, you can have a much better handle on where your money will be going, and what schools and programs you can afford.
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