Studying abroad involves several hidden costs beyond tuition and accommodation. Visa fees, health insurance, and travel expenses can add up quickly. Students often overlook currency exchange rates, which may significantly impact living costs in countries with weaker currencies.
Additional academic expenses, such as textbooks, lab fees, or research materials, are often underestimated. Cultural adjustments may lead to incidental spending on local transportation, mobile plans, or even dietary changes. Emergency funds are crucial for unforeseen expenses like medical emergencies or travel disruptions. Proper budgeting and researching country-specific costs can help mitigate financial surprises.