How to Save Money While Studying Abroad (2025 Guide)

1. Create and stick to a budget: Track your monthly expenses and prioritize rent, food, and tuition. Use budget apps to stay on track.
2. Cook at home: Eating out frequently drains your budget. Cooking simple meals at home can save hundreds of dollars each month.
3. Use student discounts: Many countries offer discounts on transport, cinema, museums, and even software for students with valid IDs.
4. Opt for affordable housing: Choose shared apartments, dorms, or homestays instead of private studios. Consider housing outside city centers for lower rent.
5. Buy second-hand: Save on books, furniture, and electronics by buying used items or joining student swap groups.
6. Use public transport or cycle: Monthly passes, student travel cards, or cycling are cheaper than daily tickets or owning a car.
7. Work part-time: Many countries allow international students to work limited hours during term time. This extra income helps cover living costs.
8. Avoid unnecessary subscriptions: Cancel unused streaming services, gym memberships, or apps to reduce monthly expenses.
9. Travel smart: Book trips in advance, use budget airlines, and stay in hostels to cut travel costs.
10. Apply for scholarships: Many universities and governments offer small grants and scholarships to support international students financially.