How to travel the world as an exchange student on a budget


Studying abroad is a dream that many students will never see come to fruition, not because of lack of funds or ambition, but because of lack of knowledge. You might be thinking that being able to study abroad is nothing more than a pipe dream… but what if it wasn’t? What if you could make it happen and still have enough money to live comfortably? Let’s have a look at a few simple things you can do to make it work.

1: Thoroughly research all your options.

There are numerous exchange student programs out there. Some of them are more helpful than others, and some are more budget-conscious than others. If money is an issue, start by being realistic. If a program you like won’t work for you financially, keep looking. Stressing over money will affect how well you learn and can taint the experience and the memory of it for years to come.

Young backpackers

2: Consider all the costs.

Keep in mind that there will likely be fees to be paid to your foreign exchange service along with basic living expenses. Gravitate toward services that help you find free or reduced-price housing while you study full-time. You might be able to offset the cost with scholarships, grants, or no-interest loans, all of which an exchange service can help you sort out.

Credit pard paying

3: Compare Possible Host Countries/Destinations.

Some destinations have much higher costs of living than you might think. Be sure that you are choosing a country or location within that country where you can get by on a shoestring budget. You might also want to look into things like work visas so you can hold a part-time job while study.

World map

4: Tap into academic help.

You can stay ahead of your studies by making use of online academic help like an online tutor, language coach, or essay writing service like EssayPro. All of these services can help ensure your success and give you more of an opportunity to enjoy the experience outside of the ream of academics.

Student backpack

5: Take everything in.

In many cases, you can get a real feel for the culture and experience a new place the way locals do without spending loads of money. It doesn’t usually cost anything to simply walk the streets of a new city and take in its history through things like architecture and art. This place is going to be home for a while, so get to know it while you can.  

Woman taking photo

Live the dream

Remember that studying abroad on a budget is something that many people are doing right now. That means you can, too. Do all your research. Talk with the right people. Most of all, don’t settle for a situation you know going in will not be a good fit. It’s better to delay your plans while you look for the right situation than it ever will be to dive into something that isn’t right for you.