NRI Students’ Must-Know Guide to Financial Planning for Studying Abroad

For NRI students planning to study abroad, managing finances is crucial. This guide outlines essential steps, including understanding tuition and living costs, creating a budget, exploring scholarships and loans, and handling currency exchange. It also covers legal and tax considerations and the importance of having an emergency fund and health insurance. Proper financial planning ensures students can focus on their studies and enjoy their time abroad without unexpected financial stress.