Deciding to study abroad as an international student is a thrilling experience and is currently on the rise among potential candidates. You can consider different countries based on your program or career choices however it is important to carefully weigh the consequences of the decision. If you are an Indian student interested in studying in Spain, we have curated a guide discussing all the requisite factors that can affect your decision. With an aim to discuss the intricate points, we have considered living expenses and a few other financial advantages/disadvantages to help you get a better idea of the cost of studying in Spain.
When it comes to the cost of studying in Spain, there can be several factors based on which it varies. As an Indian student, you have to consider the chosen universities, the city where you want to reside, and the program that you are targeting. As a general observation, the public universities in Spain have considerably lower tuition fees as compared to their private counterparts, which makes it an ideal choice for international applicants. The average tuition fees range from €680 to €1,400 per year for EU students, and slightly higher fees for non–EU students. Along with that, the living expenses consisting of accommodation, rent, food, medication, travel, etc might add to the total budget here. Managing your costs can be easier if you calculate them effectively. The monthly expenses for a student in Spain can vary between €700 to €1,200, based on your lifestyle choices and the areas that you prefer to stay. Therefore, it is highly recommended to carefully weigh down your expenses and the living scenarios that you prefer to sincerely consider and make an informed decision.
The cost of living in any city generally depends on your choice of leading your life. However, considering that you are a student, you should be aware of the general cost of living in an international city to plan your finances better. Depending on the location of your stay, cities like Barcelona can cost you between €750 and €1,500, a month. This figure is a mix of your food, accommodation, lifestyle costs, and other miscellaneous expenses. You have rents as one of the key factors that cost you the most, however, Spain does have opportunities for rented apartments and dormitories for your help. Grocery shopping and cooking at home can be more economical than dining out regularly. Other tricks may include using public transport for maximum commutes, taking advantage of student passes/discounts wherever applicable, etc. Therefore, it is advised that students, especially Indian students consider these factors carefully so that you can manage your expenses smoothly.
Considering the challenges an international student faces to live in a foreign country, Spain has the advantage of applying for multiple scholarships and financial aid as applicable. As Indian students, the sudden change in cost structure might feel overwhelming and therefore this section is specifically dedicated to how to avail these opportunities yourself. Here, we have delved into discussions on grants, scholarships, and other resources of financial aid to help you plan your expenses better. Indian students applying for Spain often enjoy an affordable fee structure as compared to other countries like the USA or UK. However, taking the financial expenses in mind, Spain provides special financial aid in the form of scholarships, specifically designed for Indian Students. The opportunities range from merit-based scholarships to grants based on backgrounds/diversity to help ease your economic burden.
The cost of study in Spain along with the cost of living is considerably moderate and can be found a bit overwhelming for Indian students. Therefore, students here often opt for part-time work opportunities to significantly manage extra expenses. This section basically gives you an idea as to why Indian students should always avail parallel working opportunities to make their experience worth remembering. Barring the official regulations regarding your visa and work permits, this experience serves as industrial exposure and is one of the best ways of keeping your finances balanced along with increasing your hiring chances. With these factors in mind, Indian students should look for part-time work opportunities and plan their expenses and overall costs in a more structured format.
Keeping aside the factors that generally reflect upon your expenses, knowing about the culture of a particular country can also serve as a wonderful means to find out more cost-effective methods. Here, we are discussing majorly on what are cultural stereotypes, natural habitats, and lifestyles and how Indian students should pay attention to them. This consideration in the end helps in navigating your decisions better. Understanding the cultural nuances can help you find out cheaper options for reliably costly items somewhere else. You can be exposed to people who are willing to help you with necessary daily items that make your journey easier. You can treat this section as a strategic guide to help you with cost-cutting methods in Spain. Finding affordable daily items to travelling by public transport, you can indulge in local communion to understand and use it to your advantage. Once a student recognizes the ways of balancing costs, it becomes much easier to reduce your monthly expenses as your stay expands. You can also get a broad idea about the dynamics and market scenario of Spain for a fair idea of what to expect and devise your strategies accordingly.
Indian students often ponder a lot on the return of their investments and how fast can they secure employment. While Spain gives Indian students an opportunity to work part-time and paves the pathway for a full-time engagement, it is also inevitable that we discuss the factors regarding an elongated stay here. Spain has its own criteria for satisfaction to be eligible to apply for a PR, however, it gives a chance to only those who have lived a minimum of five years in Spain. And, keeping in mind that throughout these years, you should have a valid visa/work permit to avoid legal complications.
These factors however are variable in nature and it is advised to keep a check on the latest developments for better planning overall. You are free to see information from legal advisors and professionals efficient in their fields to help you make an informed decision. Considering that immigration policies are subject to change at any point in time, Indian students planning to stay back in Spain should be updated with the latest reformations for long-term residency.
As we come to an end, it is imperative to let you know that despite these factors, you might have several other considerations while you select a country of your choice. As Indian students, this blog helps you to make careful decisions keeping in mind your financial strength and the ability to spend around expenses. Addressing keywords like “cost of studying in Spain,” “Indian students,” “cost of living,” and “living expenses in Spain,” is a reliable source for students aiming to study in Spain and are worried about the overall cost dynamics. This can serve as a handy tool of reference when it comes to deciding on your choice of country, and especially Spain.Book your Free Counselling Session now!