You probably know that a large part of your tuition money comes directly from your bank account if you’re studying abroad. But when you study abroad, you also have to factor in exchange rates and foreign transaction fees.
These are two factors that could cut your budget, which is why we’re here today to tell you about a few simple ways to save money on exchange rates and foreign transaction fees. And we’ll show you exactly how to get quick pay tuition fees abroad using one of the best cards for international transactions with Niyo.
Using the Niyo Global Card, you can quickly pay for tuition abroad
The Niyo Visa Card from Niyo Global is a great way to get quick pay tuition fees abroad.
They don’t charge you exchange fees and foreign transaction fees. And because the Niyo Visa Card is available in more than 200 countries, you can use it anywhere in the world.
Students studying in the US can obtain a Niyo Card by bringing their student ID. You can also send us your passport and application form if you are studying outside of the US.
What is the application process for a Niyo Card?
Once you’ve applied for the Niyo Card, you’ll be able to use it to pay tuition fees in other countries. You’ll have to sign up for the Niyo app and install it on your phone. Then, you’ll be able to check your balance, view transactions, and pay tuition fees using your mobile phone.
Select the country you’re studying from the drop-down menu to pay a tuition fee and tap ‘Pay Tuition Fees.’
Saving Money While Studying Abroad
Here are some of the best ways to save money while studying abroad.
1. Look for Discounted Student Housing
Your location may affect your ability to save a lot of money by finding a cheap hostel. Hostels are often more affordable than living on campus, which is great if you don’t have a car or don’t have access to public transport.
2. Work Outside of Class Hours
You can make up to $9 an hour working from home. You can make money doing online surveys or taking paid tests. And you can make even more money through online freelance jobs.
The most common ones include writing for websites, proofreading and editing documents, and editing videos. You can find many jobs through freelance marketplaces like Upwork, Freelancer, or PeoplePerHour.
3. Learn About the Culture and Language
Discover the culture and language of the country you are studying abroad. This will make you a lot more comfortable and help you make friends more easily.
4. Go To Free Events
There are always free events happening all over the world. These include concerts, festivals, food fairs, exhibitions, and sports events. You can get free tickets for most of these events.
5. Traveling Light
When you are traveling abroad, it is better to travel Light. Take a backpack you can carry on your back, and use a suitcase to carry your other belongings. This will save a lot of space and make it easier for you to carry your things around.
Where is the cheapest university for international students?
An important factor in determining where to study abroad is to find a university that accepts international students. Studying abroad is not always cheap, especially if you want to study at the top universities.
But that doesn’t mean you can’t make money studying at a university outside your home country. This post will look at where to go for the cheapest tuition fees and accommodation in Australia, England, Scotland, and Canada.
International student fees: why are they so high?
Students worldwide are increasingly frustrated with their current living expenses, especially if they have been out of the country for a while. When you go abroad, you will often have to pay a very high fee for your monthly tuition and room and board.
This can often be around $2000 a month, even for a semester of classes. But why are these fees so high when you can save so much money by going abroad? The reason for these high fees is because of the exchange rate between your local currency and the currency that your school uses.
UK Accommodation: How Can I Find It?
One thing to remember when planning to study abroad is to plan. You need to make sure that you book your accommodation in advance. You also need to check what the university requires to be booked for your stay.
For example, if you plan to stay in London, you’ll need a student card. If you’re planning on living in London for just one month, you should be able to get one for £30. If you want to save money, you can get an emergency card for £5.
Is it possible to pay tuition fees with a forex card
If you are from India, this card may be a great option. Although it doesn’t offer a 0% APR option, it does have a low-interest rate of 6%. That means if you use the card for a year, you will only pay about $50 instead of the usual $300. Since it doesn’t have a 0% APR option, you should avoid using this card to make large purchases.
Money is a big issue for international students.
The reason for these high fees is because of the exchange rate between your local currency and the currency that your school uses. A dollar worth 10 cents when you return to the US may actually be worth a hundred twenty dollars when you get home. This means you must pay the equivalent of $120 in fees to return home.
But if you are not used to dealing with such high fees and are paying them from your pocket, you may be confused and even discouraged. Let’s take a look at some reasons why you should not be paying these fees.
1. They Do Not Save You Any Money
You will indeed save money if you can go back home to school. However, that is not the only reason you should not pay international student fees. The truth is, you will spend a lot of money on accommodation and living expenses.
Your room and board at university will cost you a lot of money each month. For example, here in Canada, it is usually around $2000 a month, so you will have to come up with a minimum of $2400 a semester just to cover your rent and board.
2. You Are Not Getting Any Education
Yes, you’re saving money, but are you learning anything? Most of the time, universities will charge you such high fees to give you access to the education you need.
But when you get home, you will realize that you learned nothing. While you were studying for hours and hours, you did not learn anything. You may have studied a language you are not fluent in or learning a different learning style.
3. You Will Not Get Credit For What You Have Learned
Another problem with international students is that they cannot transfer what they have learned. They are forced to learn the same lessons as everyone else, and they must do this for a few months before they can even start taking their tests.
By the time you get home, you will only be able to remember what you have learned, which is not enough for you to receive credit. You will be forced to take a full load of courses to receive credit for your time abroad.
International students pay too much for education. Most of them pay for private tuition at high fees because of low income or financial difficulties. They should join a local university. They pay a fraction of the tuition fee at a local university and enjoy their study life better. If they want to earn more money while studying abroad, it is possible with hard work, dedication, and a clear goal. They can start by registering for a part-time job or internship in their field of interest. The best thing to do is to find a job that offers the opportunity to work worldwide.