Money matters while choosing the best overseas education- Tips from the best study abroad consultants in Kerala
The top overseas education consultants in Kerala own abundant knowledge regarding foreign education. They can guide and help you in fetching the best university and ease your relocation process. However, something nobody talks about is basic money management. Yet, that's one of the most important points to address.
Alpha Mary, your trusted overseas education consultants in Trivandrum, look forward to not just guiding you towards the best countries and universities. We are also here to solve the little financial worries you may have while going for the big migration.
Scholarships are available in most countries. However, the probability of getting a scholarship is low. Yet, always try for one before seeking other ways to fund yourself. We have a blog that helps you understand scholarships. Here are the ones for applying in Russia and Canada. If you look forward to acquiring education loans, have a look at this blog.
If confused regarding the proceedings of acquiring a loan or seeking scholarships, reach out to Alpha Mary, the best study abroad consultants in Kozhikode. We are happy to help.
Watch the currency rates
The fluctuation in currency may not bother you when in India. However, students who aim to study abroad have a hawk-eye towards the currency changes. To begin money-saving, exchange your currency when the rates seem to be the lowest. Initially, it may not seem to be a huge profit. However, you shall realise that you have saved a major chunk of your finances with time.
There are multiple apps to check for currency rates. Connect with Alpha Mary, the top overseas education consultants in Trivandrum, to know more about such websites and apps to stay alert.
Compare to grab the best deal
The exchange rate varies at various financial institutions. Sometimes banks may offer you lower rates as compared to other forex marketplaces. Since there is immense competition in this field, these rates keep fluctuating. Every institution tries to keep the lowest and gain more customers. Students can leverage this competition and save some money during the currency exchange.
Alpha Mary, the top study abroad consultancy in Trivandrum, advises watching the online forex marketplaces and reaching out to the lowest offer. However, don't just fall for the lowest cost as some may have hidden expenses built up to cover the same.
Get the Insurance
Life woes are beyond our control. Apart from mental agony, they also bring financial hardships that may cause harm that's beyond repair. On a foreign land, a trip to the hospital for a minor injury may also seem too much. Hence opting for medical insurance is the best choice.
Opt for a local bank account
If your course duration is over 1 year, opt to open a local bank account. This will help you manage your money in better ways. Currency conversions become easier with these accounts. Also, if you are working part-time, which you much, the paycheck delivery process becomes seamless.
Documentation is necessary to open a local bank account in the foreign land. But we, as the best study abroad consultancy in Kozhikode, can aid you by providing all the necessary help.
We are the best study abroad consultancy in Trivandrum, and our services cater to offering overall relocation services for students. Contact us for all your queries regarding foreign education, and we promise to deliver the most detailed answers.