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 and banking fees, which impact daily expenses.
Local transportation, textbooks, and academic supplies may cost more than anticipated. Cultural adjustments might lead to additional spending on familiar foods or comfort items. Emergency funds are crucial for unexpected situations like medical issues or travel disruptions.
Social activities and exploring the host country can strain budgets. Lastly, returning home may involve unplanned costs like storage or excess baggage fees.