Cost of Studying Abroad & Scholarships
for International Students

A Complete Budget & Funding Guide

Studying abroad is a life-changing investment in your education and career. However, understanding the full cost—and how to fund it—is essential before starting your application.

At Beimond Travels, we help students from Ghana and across West Africa plan strategically by breaking down costs, identifying affordable destinations, and maximizing scholarship opportunities.

Start Your Study Abroad Plan →

What Does It Cost to Study Abroad?

The total cost of studying abroad typically includes:

Tuition fees

Accommodation

Living expenses

Visa & application fees

Health insurance

Travel costs

Your total budget will depend on your destination, university, program, and lifestyle.

Average Tuition Fees by Country

Canada$15,000 – $35,000per year
United Kingdom£12,000 – £30,000Master's: 1 year
United States$20,000 – $50,000per year
Germany€0 – €5,000low/no tuition
Ireland€10,000 – €25,000per year
AustraliaAUD 20,000 – 45,000per year
New ZealandNZD 22,000 – 40,000per year

Living Expenses Abroad

CountryAverage Living Cost Per Year
Canada Canada$10,000 – $15,000
United Kingdom United Kingdom£9,000 – £15,000
United States United States$12,000 – $20,000
Germany Germany€10,000 – €12,000
Ireland Ireland€10,000 – €12,000
Australia AustraliaAUD 21,000
New Zealand New ZealandNZD 15,000

These costs typically cover accommodation, food, transportation, utilities, and personal expenses.

Accommodation Options for Students
  • University Dormitories - Convenient and secure
  • Private Student Residences - Modern and purpose-built
  • Shared Apartments - Cost-effective option
  • Homestay - Cultural immersion with local families
Can Students Work While Studying?

Most countries allow international students to work:

  • Up to 20 hours per week during academic sessions
  • Full-time during holidays

This helps students gain work experience and support living expenses.

Scholarships & Funding Opportunities

Studying abroad can be more affordable with the right scholarship strategy. Many governments, universities, and organizations offer funding opportunities.

Types of Scholarships Available
  • Fully Funded Scholarships -Cover tuition, living expenses, travel, and insurance
  • Partial Scholarships -Reduce tuition costs
  • Merit-Based Scholarships -Based on academic excellence
  • Need-Based Scholarships -Based on financial need
  • Research Scholarships – For Master's and PhD programs

Top Scholarships by Study Destination

Canada Canada

  • ✓ University entrance scholarships
  • ✓ Graduate research funding
  • ✓ Provincial scholarships

Many offer automatic scholarships based on academic performance.

United Kingdom United Kingdom

  • ✓ Chevening Scholarships
  • ✓ Commonwealth Scholarships
  • ✓ GREAT Scholarships

Strong options for postgraduate students.

Germany Germany

  • ✓ DAAD Scholarships

Most affordable + scholarship-friendly destination.

Australia Australia

  • ✓ Australia Awards Scholarships

Often fully funded, covering tuition, travel, and living costs.

Ireland Ireland

  • ✓ Government of Ireland International Education Scholarships

Highly competitive but valuable for high-achieving students.

New Zealand New Zealand

  • ✓ Holland Scholarship

Supports bachelor's and master's students.

🇺🇸 United States

The United States offers one of the largest pools of scholarship opportunities, though funding is more decentralized.

  • Fulbright Foreign Student Program (fully funded)
  • University-specific scholarships (merit and need-based)
  • Graduate assistantships (Master's and PhD)
  • Athletic and talent-based scholarships

Many U.S. universities provide partial to full funding, especially for strong applicants.

💡 Because U.S. scholarships vary by institution and are highly competitive, Beimond Travels helps students identify the best-fit universities and prepare strong applications.

Scholarship Probability Ranking

For Ghanaian & West African Students (Based on accessibility, funding availability, and historical success rates)

High Scholarship Probability
  • ✓ Germany (low tuition + DAAD funding)
  • ✓ Canada (many university-based scholarships)
  • ✓ Australia (fully funded government scholarships)
Moderate Scholarship Probability
  • ✓ United Kingdom (strong but competitive)
  • ✓ Ireland (limited but valuable opportunities)
  • ✓ Netherlands (partial funding options)
Competitive / Selective
  • ✓ United States (many opportunities but highly competitive and decentralized)
  • ✓ New Zealand (fewer scholarships available)
How to Improve Your Scholarship Chances
  • Maintain strong academic grades
  • Write a compelling Statement of Purpose (SOP)
  • Obtain strong recommendation letters
  • Demonstrate leadership and extracurricular involvement
  • Apply early

Beimond Travels provides expert support to help you prepare competitive applications.

Additional Costs to Consider
  • Student visa application fees
  • Health insurance
  • Flight tickets
  • Study materials and academic resources
Financial Planning Tips
  • Start saving early
  • Research scholarships in advance
  • Choose universities within your budget
  • Plan for part-time work
  • Prepare proof of funds for visa applications
How Beimond Travels Helps You Plan

We support students by providing:

  • Guidance on affordable study destinations
  • Scholarship identification and application support
  • University application assistance
  • Visa processing guidance
  • Pre-departure preparation

Our goal is to help you study abroad with confidence and financial clarity.

Start Planning Your Study Abroad Journey

Ready to understand your budget and funding options?

www.beimondtravels.com

36 Kusia Street, Kokomlemle, Accra, Ghana

Start Your Study Abroad Plan