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The Government of India has launched several schemes and programs to promote girl child education in the country. These schemes aim to provide financial assistance, scholarships, and other incentives to families and girls to encourage them to continue their education. Important government schemes for girl child education in India 1. Beti Bachao Beti Padhao (BBBP) Scheme Launched in 2015, Beti Bachao Beti Padhao aims to address the declining child sex ratio and promote the education of the girl child. The scheme focuses on the districts with low child sex ratio and provides financial assistance for the education and health of the girl child. The scheme is implemented in a convergent and collaborative manner with the State Governments/UTs and other relevant Ministries/Departments and stakeholders. The scheme is implemented through a three-tier structure: District, State, and National levels. The scheme has several components such as creating awareness and public mobilization, strengthening of function and delivery of ICDS, strengthening schools and education, and enabling girls' education. Government Schools in India Read More 2. Kasturba Gandhi Balika Vidyalaya (KGBV) Scheme  This scheme was launched in 2004 to provide education to girls from disadvantaged sections of society. Under the scheme, residential schools are set up for girls in areas with low female literacy rates. The schools provide education up to the 8th standard and also provide hostel facilities. The scheme is aimed at providing educational facilities to girls belonging to Scheduled Castes, Scheduled Tribes, Other Backward Classes, minority communities, and families below the poverty line in difficult areas. The scheme is implemented through the State Governments/UTs and the KGBVs are run and managed by the State Governments/UTs. The scheme provides for a one-time grant of Rs. 5 lakhs to set up the school, and a recurring grant of Rs. 1.5 lakhs per annum for running the school. 3. Sukanya Samriddhi Yojana (SSY) Launched in 2015, Sukanya Samriddhi Yojana is a small deposit scheme for the girl child. The scheme allows parents to open a savings account in the name of the girl child and provides a high interest rate of 7.6%. The money can be withdrawn when the girl child turns 18 to be used for her education or marriage. The scheme is available for girl children below the age of 10 years. The account can be opened in any post office or authorized bank branch by the legal guardian of the girl child. The minimum deposit that can be made is Rs.1000 and the maximum deposit per year is Rs.1.5 lacs. The scheme offers tax benefits under section 80C of the Income Tax Act. 4. National Girl Child Day  Every year on January 24, National Girl Child Day is celebrated in India to raise awareness about the importance of girl child education and the challenges faced by girls in India. On this day, various activities and programs are organized to promote girl child education and empowerment. The day is celebrated to raise awareness about the importance of education for the girl child and to address the various challenges faced by girls in India, such as discrimination, violence, and lack of access to education. Kanya Kosh Scheme Read More 5. National Means-cum-Merit Scholarship (NMMS) Scheme This scheme provides financial assistance to students from economically weaker sections to pursue higher education. Under the scheme, scholarships are provided to students who score well in the 8th standard examination. The scholarship is provided to the students for studying in classes 9th and 10th. The scholarship amount is Rs.12000/- per annum. The scholarship is awarded by the State Governments/UTs to the eligible students. The scholarship can be availed by students from economically weaker sections of society. 6. Rashtriya Madhyamik Shiksha Abhiyan (RMSA)  Launched in 2009, this scheme aims to improve the quality of education in secondary schools in India. Under the scheme, financial assistance is provided to schools to improve infrastructure, provide teacher training, and implement girl-friendly policies. The scheme is implemented by the State Governments/UTs and the funds are released to the schools through the State Governments/UTs. 7. National Scholarship for Higher Education of ST Girls  This scheme provides financial assistance to Scheduled Tribe (ST) girls to pursue higher education. The scholarship is provided to students who have passed the 10th standard examination and are enrolled in a higher education program. The scholarship amount In addition to the government schemes discussed above, there are also individual grants and scholarships available for girl child education in India. These grants and scholarships provide financial assistance to girls from disadvantaged backgrounds to pursue their education. Apply for Scholarship Conclusion  The Government of India has taken several steps to promote girl child education in the country. These schemes and programs provide financial assistance, scholarships, and other incentives to families and girls to encourage them to continue their education.  These schemes are aimed at addressing the declining child sex ratio, promoting girl-child education, and providing education to girls from disadvantaged sections of society. However, it is important to note that the implementation and reach of these schemes still need improvement. There is a need for more awareness about these schemes and better access to them for families and girls in need. Join our robust WhatsApp Community that helps parents invest! FAQs What is the Sukanya Samriddhi Yojana? Sukanya Samriddhi Yojana is a government scheme that encourages parents to save for their girl child's education and future expenses. It offers attractive interest rates and tax benefits. How can I open a Sukanya Samriddhi Account? You can open a Sukanya Samriddhi Account at authorized banks and post offices by providing the necessary documents and a minimum deposit. What are the benefits of the Beti Bachao, Beti Padhao (BBBP) scheme? The BBBP scheme aims to promote the education and welfare of the girl child and improve the child-sex ratio. Benefits include financial support for education and awareness programs.

MBA schools across the globe charge hefty fees from their students. Popular schools like Harvard charge nearly $73,000 per year which is1,05,44,600 in rupees! In this blog, we'll delve into the realm of elite education and explore the most expensive business schools in the world. Harvard Business School - Boston, USA As one of the most esteemed institutions in the realm of business education, Harvard Business School commands a premium for its unparalleled reputation and extensive resources. With world-class faculty, cutting-edge research facilities, and a robust alumni network, HBS offers an unparalleled learning experience. However, this excellence comes at a cost, with tuition fees exceeding $73,000 per year, making it one of the most expensive business schools globally. Stanford Graduate School of Business - California, USA Renowned for its innovative approach to business education and proximity to Silicon Valley, Stanford Graduate School of Business is a magnet for aspiring entrepreneurs and industry leaders. The school's emphasis on experiential learning, interdisciplinary collaboration, and global perspective attracts top talent from around the world. With tuition fees surpassing $70,000 per year, Stanford GSB is among the most expensive business schools, reflecting the value it offers to its students. The Wharton School, University of Pennsylvania - Philadelphia, USA With a rich legacy of excellence spanning over a century, The Wharton School is synonymous with top-tier business education. Its rigorous curriculum, renowned faculty, and extensive network of alumni in influential positions worldwide make it a coveted destination for aspiring business leaders. However, this prestige comes with a price, as tuition fees at Wharton exceed $75,000 per year, making it one of the most expensive business schools globally. INSEAD - Fontainebleau, France & Singapore As a pioneer in international business education, INSEAD offers a truly global learning experience with campuses in Europe, Asia, and the Middle East. Its diverse student body, multicultural environment, and innovative curriculum foster cross-cultural collaboration and a global mindset among students. Despite being a not-for-profit institution, INSEAD's tuition fees exceed €80,000 per year, placing it among the most expensive business schools worldwide. London Business School - London, UK Located in the heart of one of the world's leading financial centres, London Business School attracts top talent from around the globe with its dynamic learning environment and emphasis on innovation and entrepreneurship. Its diverse student body, renowned faculty, and strong industry connections contribute to its reputation as a premier business school. However, tuition fees at LBS exceed £87,000 per year, making it one of the most expensive business schools in the world. Conclusion While the cost of attending these prestigious institutions may seem daunting, the value they offer in terms of education, networking opportunities, and career advancement is unparalleled. For those aspiring to reach the pinnacle of success in the world of business, investing in a top-tier education at one of these elite institutions may prove to be a wise investment in their future. In conclusion, the most expensive business schools in the world represent the epitome of excellence in business education, attracting top talent from around the globe and shaping the future leaders of tomorrow. While the price of admission may be steep, the rewards in terms of knowledge, skills, and opportunities are immeasurable, making them worth every penny. Join our robust WhatsApp Community that helps parents invest! Talk to Our Study Abroad Experts

Many students switch schools for 11th and 12th in India for multiple reasons. It could be because their schools don’t offer certain subjects or they wish to pursue an Arts or Commerce stream that their current school does not offer. Many students switch because their parents are moving, for better sports facilities at a different school or for a better teacher faculty. If your kid is shifting schools too then check out the best schools for 11th and 12th in India & their annual fees. 1. The Doon School, Dehradun, Uttarakhand: Established in 1935. The Doon School is one of India's most prestigious all-boys boarding schools. Known for its rigorous academic curriculum and holistic development, it has a rich history of producing successful leaders in various fields. Annual Fees: Approximately INR 10-12 lakhs. 2. Welham Girls' School, Dehradun, Uttarakhand: Founded in 1957. Welham Girls' School is a renowned all-girls boarding school with a strong academic focus. It is known for its excellent infrastructure, experienced faculty, and emphasis on extracurricular activities. Annual Fees: Approximately INR 6-8 lakhs. 3. Mayo College, Ajmer, Rajasthan: Established in 1875. Mayo College is one of India's oldest and most prestigious all-boys boarding schools. It has a strong academic tradition and is known for producing leaders in various fields. Annual Fees: Approximately INR 8-10 lakhs. Apply for Education Loans 4. The Shri Ram School, Delhi, NCR: Established in 1988. The Shri Ram School is a highly regarded co-educational day school known for its progressive teaching methods and emphasis on holistic education. Annual Fees: Approximately INR 2-4 lakhs. 5. DPS RK Puram, Delhi, NCR: Established in 1972. Delhi Public School (DPS) RK Puram is one of the flagship institutions of the DPS Society. It offers a strong academic curriculum and a wide range of extracurricular activities. Annual Fees: Approximately INR 1-2 lakhs. 6. The Bishop's School, Pune, Maharashtra:  Founded in 1859. The Bishop's School is a well-established co-educational school known for its academic excellence and vibrant campus life. Annual Fees: Approximately INR 1-2 lakhs. 7. Sanskriti School, Delhi, NCR: Established in 1988. Sanskriti School is a co-educational institution known for its focus on academics, cultural activities, and sports. Annual Fees: Approximately INR 1-2 lakhs. 8. The Cathedral and John Connon School, Mumbai, Maharashtra: Established in 1860. This school is one of Mumbai's oldest and most prestigious institutions, offering a comprehensive education and a strong emphasis on character development. Annual Fees: Approximately INR 3-4 lakhs. Also Read: How to choose the right board for your child? The aforementioned are some of the many schools you can consider putting your children in. Remember, investing in your child’s education is as important as choosing the right school for your children. Select what is the best and most convenient school for your child and your pocket with our school cost calculator. Thus, it is important to choose the best schools for your child to ensure that they passes out with flying colours. Join our robust WhatsApp Community that helps parents invest!

Inflation is snowballing. To cope with the growing cost of inflation, one needs to plan investment at an early stage. When we think about investment, we can choose from multiple options available in the financial market. Traditional tools provide a nominal return on your investment, while mutual funds offer varied products suitable for different needs with attractive return potentials.  What is a Mutual Fund?  A mutual fund is a pooled investment vehicle that collects the savings of several investors who share a common financial goal. It manages the investors' money by investing in securities to generate a return. It charges fees from that return generated, and the remaining return is passed on to the investors.  One of the main advantages of investing in mutual funds is that it provides investment diversification. This means that the money invested is spread across various companies and sectors, which reduces the risk of losing all the money in case of a market volatility downfall of one company or sector.  Concerns amongst investors are prevalent when they start investing money in any financial asset class as they put their hard-earned money into that investment.  Let us address and discuss the different concerns in detail for better understanding.  Risks and Disadvantages of Mutual Funds Market Risk - When we choose to invest in securities, there will always be a market risk i.e. the macro-economic risks all firms in the economy are exposed to. You can't control the market risk, but you can be prepared for it. Understanding the market risk and diversifying your investment can help you survive the market storm.  No Guarantee – Compared to other traditional tools available in the market, there is no guarantee that you would get a minimum of this much return or that your principal is protected. As we know, mutual fund returns are subject to market risk.   Management Risk: Mutual funds also include management risk, which means that the fund manager may not perform well and could not generate the requisite return. Sometimes, even experienced fund managers can get caught off guard by unexpected market events or make emotional decisions based on fear or greed.  High annual expense ratio: Mutual funds must disclose how much they charge their investors annually in percentage terms to compensate for the cost of running an investment business. The percentage of expense ratio reduces the mutual fund's gross return.  Mutual Fund Loads: Mutual funds may apply exit loads, which are one-time expenses levied when exiting a mutual fund scheme. The charges applicable here are as follows.   Exit Load: The exit load must be paid when an investor exists in the mutual fund scheme within a short span. This fee is levied to stop investors from opting out of the scheme.  Transaction Charges: An investor must pay a nominal amount as transaction fees. For example, if A wants to invest 10,000INR into a mutual fund and transaction charges are 100INR, then that investor will have 9,900INR in total to invest.  Other Costs - Investors incur indirect costs during the investment journey, including opening and maintaining a demat account, brokerage charges, etc. While buying and selling stocks, a security transaction tax is levied, which must be paid by investors.  As mentioned earlier, professionals manage mutual funds, making smart decisions for investors like you. This way, you can gain from the manager's knowledge and experience. Keep in mind that due to rules and regulations, many funds may dilute returns, which could limit potential returns.  Investing in mutual funds isn't risk-free, but risk can be minimized in an effective way to grow your wealth over the long term. By managing expectations, understanding risks, and choosing the right funds for your needs, you can turn this rollercoaster into a smooth and rewarding ride towards your financial goals. Remember, knowledge is power, and with a little research and guidance, you can navigate the world of mutual funds with confidence.  If you are still confused about your investment journey and need guidance, then book a meeting with our wealth advisor.   Join our robust WhatsApp Community that helps parents invest!

In the pursuit of providing an exceptional education experience for their children—be it during the formative years, primary schooling, or higher education—every parent shares a singular concern: financing this educational journey. With the education costs skyrocketing, every single moment becomes crucial because time is money. As the adage goes, "The early bird catches the worm.", delving into preparations for your child's future sooner rather than later is akin to higher corpus maturing over time. Thereby, ensuring a more robust foundation for their educational endeavours.   To help you better understand the situation, consider two friends, Ram and Lakhan. They both decided to invest for their child’s future a sum of Rs. 10,000/Month SIP in a fund that gave 12% annualized returns. The only difference is Ram started investing when he was 24 years old and Lakhan started investing when he had his first child at age 30. At the age of 40 Ram would have had Rs. 58.13 Lakhs whereas Lakhan would have had just Rs. 23.23 Lakhs, loss of almost Rs. 35 Lakhs because of delaying the investments. Therefore, the earlier you start, the better it is.  But how to find a good investment? How to know if a scheme is good for you as there are “n” number of things that hover around.  Perplexed yet? Don’t worry, we’ve got you.  To simplify this vast world of mutual funds for you, we have prepared a list of the important factors one should consider while investing in Mutual Funds.  Time Horizon - How much time do you have in hand determines your risk-taking ability. The higher the time horizon, higher the risk you can take and vice versa.  Risk Appetite - Determine how much risk you can take. This will depend on various factors such as time horizon, certainty of cashflows, amount of investment, etc.  As a general rule of thumb:  Equity funds are suitable for individuals with high-risk appetite and longer time horizon (5 - 10 years or even more).  Hybrid Funds are suitable for individuals with low to moderate risk appetite and having medium term time horizons (3-5 years).  Debt Funds are suitable for low-risk appetite investors for short term time horizon.  Investment Strategy – The investment strategy adopted by the fund plays a crucial role to determine if it is suitable for you. A high risk investment strategy might    Fund Details - See who is managing the fund and for how much time, where it invests, how much are its assets (higher the better), what is the expense ratio (lower the better).  Past Performance - How the fund has performed in the past, whether it has outperformed in the bull markets and protected your capital in the bear markets, etc. will give you an idea whether the fund manager has managed the fund appropriately.  Note: this is not an all-inclusive list.  Top Mutual Funds for Parents Still worried? Below is a list of top mutual funds parents can consider for their child’s education planning.   Sr. No. Scheme Name Category Sub-Category Inception Date AUM Expense Ratio 1Y Return 3Y Return 5Y Return 1. Nippon India Small Cap Fund Equity Small Cap 1/1/2013 43,816 0.67% 59.3% 42.60% 31.57% 2. HDFC Mid-Cap Opportunities Fund Equity Mid Cap 1/1/2013 56,033 0.80% 53.99% 33.89% 25.41% 3. SBI Contra Fund Equity Contra 1/1/2013 21,482 0.69% 45.69% 33.46% 26.70% 4. HDFC Balanced Advantage Fund Hybrid Dynamic Asset Allocation 1/1/2013 73,349 0.80% 38.43% 27.55% 19.72% 5. DSP Nifty 50 Equal Weight Index Fund Equity Index (Large) 10/27/2017 1,004 0.40% 33.31% 23.64% 18.89%  Note: All are Direct plan and growth option; AUM and Expense ratios are as on December 31, 2023; 3Y/5Y returns are annualized and as on January 30, 2024.   Source: Value Research  Fund Details:  Nippon India Small Cap Fund:  This fund is being managed by Mr. Samir Rachh (Since January 2017) and Mr. Tejas Sheth (Since February 2023) who is an assistant fund manager.  The fund has provided 27.07% of return since inception and it has outperformed the category over the last 1/3/5/7/10 years.  It has delivered the highest returns in the category over the last 7 and 10 years and has been in the top 3 over the 3 and 5-year period.  The fund has delivered the best risk-adjusted returns over the last three years, depicted by the highest Sharpe ratio.   HDFC Mid Cap Opportunities Fund:  This fund is being managed by Mr. Chirag Setalvad who has been the head of equities since June 25, 2007, and Mr. Dhruv Muchhal who is an Equity Analyst and Fund manager for Overseas investment.  HDFC Mid Cap Opportunities Fund is the largest fund in the mid-cap space with an AUM of Rs. 56,033 crores and is the only fund in the category to have an AUM of more than Rs. 50,000 crores.   The fund has provided a 21.76% return since inception and has outperformed its category and the mid-cap index in all the time horizons of 1/3/5/7/10 years.  The fund has delivered better returns per unit of risk depicted by the lower standard deviation and the beta compared with the category average.   SBI Contra Fund:  The fund has been in existence for approximately 25 years and has been managed by Mr. Dinesh Balachandran since May 2018 who has 17 years of rich experience in this field.  This fund has provided a whooping return of 19.59% since its inception date and has outperformed its benchmark S&P BSE 500 TRI in all the time horizon.   The fund follows a contrarian strategy while investing in equity and provides exposure to companies of all sizes.   The fund has delivered the best risk-adjusted returns in the category, as depicted by the highest Mean Return, Sharpe Ratio, Sortino Ratio and Alpha.   HDFC Balanced Advantage Fund:  HDFC Balanced Advantage Fund is one of the oldest funds in India and is the largest fund in the balanced advantage category, with an AUM of Rs. 73,349 crores.  The fund has been the top performer in the category for over 1/3/5 years and has delivered an impressive return of 16.04% since inception.   Although the fund has been volatile more than the category, it has delivered a significantly higher alpha of 10.34% compared to the category average of 1.35% over three years.     This fund has been managed by Mr. Srinivasan Ramamurthy, Mr. Gopal Agarwal, Mr. Anil Bamboli, Mr. Arun Agarwal, and Mr. Nirman Morakhia.  DSP Nifty 50 Equal Weight Index Fund:  This fund is being managed by Mr. Anil Ghelani (since July 2019) and Mr. Dipesh Shah (since November 2020).  This fund tracks the Nifty 50 Equal Weight TRI, allowing us to have exposure to large-cap equities where the probability for alpha generation is very low.   Compared with Nifty 50 TRI, Nifty 50 Equal Weight Index TRI has delivered better returns with lower volatility over a long-term period from June 2000 to April 2023.   The fund delivered an alpha of 3.75% whereas the other funds in the category struggled to outperform the benchmark over the last three years.    Above all the funds have given stellar returns and fare better amongst peer schemes. Parents can consider a fund that is appropriate based on their financial goal, risk tolerance and time horizon. Before embarking on any investment decision, consult a financial advisor for guidance. Their expertise not only enriches your understanding but also strengthens your strategy, ensuring a secure and informed financial journey.  Disclaimer - Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. The mutual fund schemes mentioned are only for educational and informational purposes, and no investment is recommended.   Join our robust WhatsApp Community that helps parents invest!

As we have stepped into 2024, although the year has changed, what has remained constant is parents' worry about rising inflation and education costs. Despite the uncomfortably high inflation (5.69, general, as of Dec. 2023), these rising figures do not reflect the hardship brought on by rising education costs. According to one news article, education inflation is higher(twice) than the inflation rate. Education costs include tuition fees, co-curricular fees, and other fees. Parents can consider the investment a suitable tool to mitigate these worries and the inflation risk.  When parents start investing in their child's future early, it is always beneficial as they will see the magic of compounding over the years. Along with inflation, the return on investment will also rise. One can beat rising inflation by making the right decision at the right time.  Generally, when a person wants to start investing, there are a few parameters that he needs to keep in mind before planning.  What amount does an investor want to invest? The investment amount should be pre-decided, like the amount you are ready to start your journey. (E.g. An investor can start an SIP with an amount as low as ₹100)  What is the time horizon? The asset class to be invested in will depend on the time horizon. Generally, the longer the time horizon, the greater the risk an investor can take and vice versa. Therefore, the investor should decide when he would require the money, and based on that, he can consider the risk he can undertake.  What is the risk appetite of that investor? Every asset class has different risk characteristics. Few asset classes are considered highly risky, such as equity funds, but rewarding, whereas few other asset classes, like debt funds, can be less risky but have low return potential. The risk appetite will depend on factors such as time in hand, the financial position of the investor, the amount of investment, certainty of the cashflows or income, etc. Considering these factors, the investor should decide his risk appetite and which asset he can invest in.  Considering this, the following are a few investment options that people generally undertake:  FD (Fixed Deposit) – A traditional tool of investment that provides steady returns of 5-7% over the period, but the return on FD generally fails to beat inflation.  PPF – A secure investment that provides a 7-8% (est.) return on your investment. It falls under the EEE(Exempt-Exempt-Exempt) concept, which means the principal amount, the interest earned, and the maturity amount of PPF are completely Tax-free.  LIP – Endowment plans are offered by life insurance companies that facilitate both risk protection and investment options, and many people consider these for the child’s investment planning.  Gold – Gold is one of the most popular investment options that act as a hedge against inflation.  Real estate – Although real estate provides decent return potential, it has limitations, such as high-ticket size, high transaction costs, high maintenance costs, illiquidity, etc.  If we look at all the above asset classes, they all come with various limitations, the primary and the most important being their underperformance against the elevated education inflation. Therefore, the investors lose their money in real terms if the investment cannot beat the education inflation, which is often seen in the case of the above asset classes. However, one asset class offers a solution to this and many other problems.   Mutual Funds - Investment in mutual funds is an excellent option. Mutual funds offer different products for the different needs of the investors. There is always a product available for every need of the investors. For example, investors can consider debt funds for short-term time horizons, which offer better return potential than bank deposits with lower risk. Hybrid funds can be considered for medium-term time horizons, providing limited growth potential and portfolio stability. Equity funds are suitable for long-term time horizons, which provide high growth potential with reduced volatility over a longer duration. Apart from this, mutual funds offer benefits such as professional money management, liquidity, diversification, lower ticket size, etc. Thus, parents can start their investment journey by regularly investing through SIP or one-time investment through lumpsum.  Top Performing Mutual Funds Following are some of the top-performing mutual funds from different categories:  Fund Name Category Sub-category Inception AUM  (Rs Cr) Expense Ratio 3Y Return  5Y Return  Nippon India Small Cap Fund Equity Small Cap 01-01-2013 43,816 0.67% 41.76% 30.94% HDFC Mid Cap Opportunities Fund Equity Mid Cap 01-01-2013 56,033 0.80% 32.32% 24.97% SBI Contra Fund Equity Contra 01-01-2013 21,482 0.69% 32.20% 26.29% DSP Nifty 50 Equal Weight Index Fund Equity Index (Large) 23-10-2017 1,004 0.40% 21.79% 18.48% HDFC Balanced Advantage Fund Hybrid Balanced Adv. 01-01-2013 73,349 0.80% 26.29% 19.43% ICICI Prudential Multi-Asset Fund Hybrid Multi-Asset 01-01-2013 30,650 0.84% 25.51% 19.79%  Note – All are Direct Plan and Growth Option; AUM and Expense ratio are as of December 31, 2023; 3Y/5Y returns are annualized and as on January 29, 2024  Source - valueresearch.com  Nippon India Small Cap Fund Nippon India Small Cap Fund is among the best performers and has consistently outperformed the category over the last 1/3/5/7/10 years.  It has delivered the highest returns in the category over the last 7 and 10 years and has been in the top 3 over the three and 5-year period.  The fund has delivered the best risk-adjusted returns over the last three years, depicted by the highest Sharpe ratio.  HDFC Mid Cap Opportunities Fund HDFC Mid Cap Opportunities Fund is the largest fund in the mid-cap space with an AUM of Rs. 56,033 crores and is the only fund in the category to have an AUM of more than Rs. 50,000 crores.    The fund has consistently outperformed the category and the mid-cap index over all the 1/3/5/7/10 years.  The fund has delivered better returns per unit of risk, depicted by the lower standard deviation and the beta compared with the category average.  SBI Contra Fund The fund follows a contrarian strategy while investing in equity and provides exposure to companies of all sizes.  The fund has been in existence for approximately 25 years and has generated a since inception return of 17.13% for its direct plan as of January 29, 2024.  The fund has delivered the best risk-adjusted returns in the category, as depicted by the highest Mean Return, Sharpe Ratio, Sortino Ratio and Alpha.  DSP Nifty 50 Equal Weight Index Fund This fund tracks the Nifty 50 Equal Weight TRI, providing exposure to large-cap equities where the probability for alpha generation is very low.    Compared with the Nifty 50 TRI, the Nifty 50 Equal Weight Index TRI has delivered better returns with lower volatility over a long-term period.  The fund has delivered an alpha of 4.23%, whereas the other funds in the category have barely managed to generate the alpha in the last three years.  HDFC Balanced Advantage Fund HDFC Balanced Advantage Fund is one of the oldest funds in India and is the largest fund in the balanced advantage category, with an AUM of Rs. 73,349 crores.  The fund has been the top performer in the category for over 1/3/5 years and has delivered an impressive return of 16.15% for its direct plan since its inception.  Although the fund has been volatile more than the category, it has delivered a significantly higher alpha of 10.98% compared to the category average of 2.62% over three years.  ICICI Prudential Multi-Asset Fund ICICI Prudential Multi-Asset Fund has the largest AUM of 30,650 crores in the category.  The fund provides exposure to various asset classes such as equities, debt, real estate, commodities, etc.  It has delivered a significantly higher alpha of 11.90% against the category average of 4.70% over the three years.  Note: All the details of the funds mentioned above are of direct plan growth option unless otherwise specified and as of January 29, 2024.   Source: valuereasearch.com  Investing in your child's future will provide a world-class education to help them remain competitive among peers. Here, competitive means allowing them to be well-settled with their career choices and to live a confident and happy life. The sooner you start, the better you can provide for your child eventually.  Choosing the right plan and sticking to your investment decision will reward you with an extensive corpus. Investors can research before selecting any fund or consult a financial advisor who can give investment advice suitable to their risk appetite.  Happy Investing!  Disclaimer - Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. The mutual fund schemes mentioned are only for educational and informational purposes, and no investment is recommended.  Join our robust WhatsApp Community that helps parents invest!

Choosing between government and private colleges is a critical decision that greatly influences a student's educational journey. In India, this choice is often guided by factors such as the quality of education, infrastructure, faculty, placements, fees, and overall reputation. In this article, we will delve into the debate of government vs private colleges in India, taking a closer look at each aspect to help students make a well-informed decision. https://www.youtube.com/watch?v=gmV3uxT7cSw Best Choice: Government vs Private Colleges Advantages of Government Colleges Quality of Education: Government colleges in India have a long-standing reputation for providing high-quality education. These institutions often have experienced faculty members who possess extensive knowledge and expertise in their respective fields. The curriculum is well structured and designed to meet industry standards, ensuring a strong academic foundation. Affordability: Government colleges are known for their affordability compared to private colleges. The tuition fees in government institutions are usually lower, making education accessible to students from diverse socio-economic backgrounds. Additionally, government colleges may offer scholarships and financial aid programs to deserving students, further reducing the financial burden. Infrastructure and Resources: Government colleges typically boast well-established infrastructure and state-of-the-art facilities. They are equipped with extensive libraries, well-equipped laboratories, research centers, and other resources that facilitate holistic learning. The availability of such resources enhances the overall educational experience and enables students to engage in practical learning. Recognition and Reputation: Government colleges in India are highly recognized and hold a good reputation both nationally and internationally. Degrees obtained from government institutions often hold significant value in the job market. The reputation of these colleges can provide an advantage during job interviews and open up better career opportunities for graduates. Hidden College Fees Parents Need to Pay Read More Advantages of Private Colleges Specialized Courses and Flexibility: Private colleges in India often offer a wider range of specialized courses compared to government colleges. They are more agile in responding to changing market demands and can introduce new programs to meet industry requirements. Private colleges also provide greater flexibility in terms of curriculum design and course offerings, allowing students to tailor their education to their specific career goals. Industry Connect and Placements: Private colleges often have strong industry connections and collaborations, which can lead to better internship opportunities and campus placements. Many private colleges have dedicated placement cells that actively engage with employers and organize job fairs, thereby increasing the chances of securing employment after graduation. However, it is important to note that top government colleges like IIT, IIM, NIT, IIIT, SRCC, DU, etc., often have far better placements compared to many private institutions. Modern Infrastructure and Facilities: Private colleges invest significantly in infrastructure, providing modern facilities and amenities that create an optimal learning environment. They may have state-of-the-art classrooms, well-equipped labs, advanced technology resources, and interactive learning spaces that promote innovation and practical learning. These facilities contribute to a more enriching educational experience for students. Smaller Class Sizes and Personalised Attention: Private colleges generally have smaller class sizes compared to government colleges. This allows for more personalized attention from faculty members, fostering better student-teacher interactions, individualized guidance, and mentorship opportunities. The smaller class sizes create a conducive learning atmosphere where students can actively engage in discussions, seek clarifications, and receive personalized support. Government colleges in India are subsidized by the government, making them more affordable for students. The fees in government colleges vary depending on the course and the college. However, the average annual fee for a bachelor's degree in a government college in India ranges from Rs. 10,000 to Rs. 50,000. According to the All India Survey on Higher Education (AISHE) 2019-20, the average annual fee for a Bachelor of Technology (B.Tech) course in a government engineering college is Rs. 15,000. The average annual fee for a Bachelor of Medicine and Bachelor of Surgery (MBBS) course in a government medical college is Rs. 30,000. Cost of Studying in Private Colleges in India Private colleges in India are not subsidized by the government and have higher fees compared to government colleges. The fees in private colleges vary depending on the course and the college. However, the average annual fee for a bachelor's degree in a private college in India ranges from Rs. 50,000 to Rs. 2,00,000. According to the AISHE 2019-20, the average annual fee for a B.Tech course in a private engineering college is Rs. 1,50,000. The average annual fee for an MBBS course in a private medical college is Rs. 7,50,000. Comparison of Cost of Studying in Government and Private Colleges in India The following table compares the average annual fees for some popular courses in government and private colleges in India: CourseGovernment CollegePrivate CollegeB.TechRs. 15,000Rs. 1,50,000MBBSRs. 30,000Rs. 7,50,000MBARs. 30,000Rs. 3,00,000B.ComRs. 10,000Rs. 50,000B.ScRs. 10,000Rs. 70,000 Conclusion: When deciding between government and private colleges in India, it is crucial to consider individual preferences, career goals, and financial capabilities. Government colleges offer quality education at an affordable cost, strong infrastructure, and a recognized brand name. On the other hand, private colleges provide specialized courses, industry connections, modern facilities, and a more personalized learning experience. To make an informed decision, students should consider various factors such as the reputation of the institution, the course of study, placement records, and the overall fit with their aspirations and financial situation. It is advisable to refer to reliable college and university rankings such as the National Institutional Ranking Framework (NIRF) and QS World University Ranking. Additionally, connecting with seniors and alums from the college can provide valuable insights and help students gain a better understanding of the college culture, curriculum, and placement opportunities. Join our robust WhatsApp Community that helps parents invest! By considering all these factors, students can choose the college that aligns best with their aspirations and sets them on a path to success. Furthermore, if you require guidance and assistance in choosing your dream college, you can consult EduFund. Remember, the ultimate key to success lies not solely in the type of college you attend but in the determination, dedication, and passion you bring to your education. With the right mindset and a commitment to learning, you can excel in any institution and achieve your goals. So, make an informed choice, stay focused, and embark on your journey toward a bright and successful future. FAQs What are the advantages of government colleges? Affordability: Lower fees compared to private colleges. Quality education: Experienced faculty and well-structured curriculum. Strong reputation: Recognized degrees and good brand value. Infrastructure: Well-established facilities and resources. What are the advantages of private colleges? Specialized courses: Wider range of programs and flexibility in curriculum. Industry connections: Strong industry links for internships and placements. Modern facilities: State-of-the-art infrastructure and advanced resources. Smaller class sizes: Personalized attention from faculty and a better learning environment. How do I choose the right college? Consider individual preferences, career goals, financial situation, reputation, course options, placements, and rankings. What are the fee differences? Government colleges: Range from Rs. 10,000 to Rs. 50,000 annually. Private colleges: Range from Rs. 50,000 to Rs. 2,00,000 annually. Talk To An Expert

The foreign education landscape has changed over the years. The costs are higher, the demand for foreign degrees has multiplied, and the need for financial budgeting and transparency over expenses has become essential. What are some difficulties Indian students are currently facing abroad (in terms of job security, cost of living, residency etc)? Which countries are witnessing the most upheaval?  Indian students abroad are encountering challenges, particularly concerning the cost of living across various countries. Analyzing data reveals distinct trends and difficulties faced by Indian expatriates and students in terms of job security, cost of living, and overall residency conditions.  For the third consecutive year, the United States reported a big increase in the number of Indian students opting for higher education in the country.   The Open Doors Report (ODR) revealed a 35% surge in the influx of international students from India to the United States, resulting in an all-time high enrolment of 2,68,923 students in the academic year 2022-23. Indian students now constitute over 25% of the one million-plus foreign students enrolled in US institutions.   India surpassed China as the leading source of international graduate students in the United States for the first time since 2009/10. The number of Indian graduate students has surged by an impressive 63%, reaching 165,936 students—an increase of nearly 64,000 students compared to the previous year. Additionally, the count of Indian undergraduate students has risen by 16%.   However, in recent times, some social media posts from Indians based in the US are seen discouraging people from going there. Some of the key reasons for their concern are – slowdown in job market (the unemployment rate remains near historic lows, but the number of jobless in America has been rising steadily over the past year — and is now close to triggering a classic recession indicator.   The three-month moving average of the unemployment rate has risen 30 basis points above its 12-month low. That's 20 basis points away from triggering the Sahm rule, a highly accurate indicator that the economy is in the early stages of a recession). Steep rise in tuition fees and living cost, low wages and H1-B lottery uncertainties add to the increase in cost of living for the average Indian student.  In recent times, Australia has been struggling with a very high cost of living. Employee households recording one of the largest quarterly rises in living costs of all household types with a 1.1 per cent increase to 6.9% in the December 2023 quarter. Reports have indicated that wages are not keeping pace with inflation amidst rising costs for energy, housing, and groceries.    In the UK, as of December 2023, a survey found the average student’s monthly living costs have increased by 17% since 2022 to £1,078. In a 2023 UK survey, it was found that 25% of students regularly skip meals as they could not afford them, and another survey indicated that 18% of students utilized a food bank in the previous academic year.    Among the countries analysed, the UK and Australia stand out for witnessing more challenges in terms of cost of living and job security. Both nations have experienced rapid inflation and economic fluctuations, making them particularly challenging for Indian students to navigate. The job market itself is undergoing rapid changes.   Today’s employers prioritize candidates who not only possess academic credentials but have also invested time in developing specific skill sets. This shift reflects a growing emphasis on practical and applied knowledge, often relegating those without such expertise to the sidelines.   Consequently, many students find themselves caught unprepared, facing job insecurity as their qualifications do not align perfectly with employer expectations. In response to these dynamics, financial planning emerges as a crucial strategy. It is essential for students and their parents to adopt a realistic approach to managing educational expenses and living costs. By planning ahead and allocating resources judiciously, they can mitigate the impact of economic fluctuations and maintain a focus on academic and career goals without feeling overwhelmed.   This surge in expenses extends beyond tuition fees to encompass accommodation, daily essentials, and healthcare, making financial management a critical skill for both students and their families.   Is it trickier for Indian students/workers to find a job and settle down overseas than it was 10 years ago?   It can be considered trickier for Indian students and workers to find a job and settle down overseas compared to 10 years ago, primarily due to several evolving factors:   Increased Competition Over the past decade, there has been a notable increase in the number of Indian students and workers seeking opportunities abroad. This influx has intensified competition for jobs, especially in popular destination countries like the US, Canada, UK, and Australia.   Changing Immigration Policies Many countries have adjusted their immigration policies over the years, often imposing stricter regulations and quotas for foreign workers. This can make it more challenging for Indian individuals to secure work permits or residency visas, affecting their ability to settle down long-term.   Economic Uncertainties Global economic fluctuations (including the pandemic) have influenced job markets worldwide. These uncertainties are impacting hiring trends and long-term immigration aspirations of many students.   Cost of Living The cost of living in many popular expatriate destinations has risen significantly over the past decade. For places like Canada, there is a housing crisis going on which has resulted in abnormal rent for foreign nationals (including students). As of 2022, about 30-35% Indian students who went abroad end up returning to the country, especially from European countries (As reported in ET). In Canada, specifically, the housing crisis, coupled with lack of jobs and inflation, is making the lives of Indian students more challenging than 10 years ago. In 2023, Canada was on track to welcome 500,000 permanent residents on top of a staggering 900,000 international students.   One of the key reasons for the Canadian government to bring in immigrants is to drive economic growth and resiliency. However, this has come at a time when Canada is witnessing a housing crisis. There is low construction of houses and the record-high interest rates have made new housing units beyond the reach of common Canadians and new immigrants.   There is a shortfall of at least 3,45,000 housing units across Canada, according to government data. House rents have skyrocketed too, making it challenging for students. In 2022, 2.26 lakh students out of 5.5 lakh international students, or 40 per cent of the total, were from India, according to Canadian government data. And there were 3.2 lakh Indians staying in Canada on student visas. Incorporating the latest shifts, the job market has undergone significant transformation, particularly with the integration of Artificial Intelligence (AI).   Employers are increasingly seeking individuals who possess logical and analytical skills that can be leveraged alongside AI technologies to enhance productivity. This shift makes finding a job trickier but also presents substantial opportunities for those who have adapted to these demands. The fact that the number of students opting for higher education abroad is increasing year on year indicates a growing awareness and preparedness among students to meet these new challenges head-on, equipping them with the skills necessary for success in this new job market era.  Are students pursuing courses in mid-low tier colleges/varsities particularly at risk?  There is some research that has revealed that a student with a good degree from a less prestigious university is better placed than a lower-class degree from a selective institution. The report by the Institute for Fiscal Studies found that graduates in England with first-class or upper second class (2.1) honours degrees had higher average earnings by the age of 30 than those who finished with lower second-class (2.2) awards, regardless of institution – meaning that degree class was often more important than institutional reputation.   In 2024, the risk for students in mid-low tier colleges hinges less on the institution's prestige and more on their ability to develop and showcase relevant skills. While the focus has shifted towards recognizing skills over the university's ranking, students at these institutions might face higher financial burdens.   This is due to potentially higher interest rates on loans and fewer scholarship/financial aid opportunities compared to top-tier universities. Nonetheless, students who can effectively communicate their skills and align them with employer needs can excel, regardless of their school's standing. The key is to balance acquiring these competencies with managing the economic implications of their educational choices.   What advice would you give to Indian parents dreaming of a life abroad for their ward?   Students aspiring to study abroad spend years in building the best possible profile to get to the best possible university. It is the parents’ responsibility to spend those years along with their child to build responsibly build a financial corpus to support their child’s dream.   There is a rather simple way to accomplish this for any parent. For parents, dreaming of sending their children abroad it is imperative that they financially plan for their children’s life abroad early. A parent dreaming of a life abroad for their child’s life abroad should try to follow the three mantras –   1. Currency depreciation must be planned for. INR against USD was at Rs 40-Rs45 for every Dollar in 1998- 2000 vs Rs 83 now. This is a hidden inflation of 3-4% per year if you are spending in dollars and earning in rupees. It is imperative for any parent to plan to keep this in mind.   2. Education financing combines three items. The capital stack looks like investments, loans, and scholarships.  3. Start to plan early because as time passes by you do not want to be in a position where you cannot afford the cost.   Education abroad is expensive. Of the three financing options, only investments come with the compounding effect which is the 8th wonder and works only if you plan ahead. 

Education loans to pay for your higher education overseas are common and effective; let's look at all the expenses under education loans to help you make the right choice. What are some expenses under education loans? Do education loans only help with tuition fees? Can education loans cover the cost of flights or help pay the living expenses?   Keep reading to find out the expenses under education loans.    One of the main issues facing the majority of Indian students who want to study abroad is how they would pay for their higher education. An education loan makes sure that all of the financial conditions for the application process for an education loan overseas are satisfied within the allotted time limit.  For the majority of students, the cost of an education loan in India for studying abroad is the main topic of conversation when it comes to financing higher education overseas. The information on this page is relevant to both secured and unsecured education loans in India for international studies.  https://www.youtube.com/watch?v=7Y0V6Z0lcJs&t=1s Costs of a typical course abroad for a student loan  One widespread misconception is that student loans do not fully cover the costs associated with studying abroad. This is untrue, though, as all educational loans, whether secured ones from government banks or unsecured ones from private lenders, cover the following list of costs that are essential to the educational process.  1. Student fees  One of the two main components of both forms of education loans in India for studying abroad is the tuition prices charged by foreign universities. An education loan in India for the international study is intended to assist students in covering their tuition costs. In India, all student loan repayments include tuition. Therefore, when deciding on the overall amount of your student loans, you should give top priority to covering your tuition costs.  2. Housing Costs  The term "factors" can refer to a wide range of things. The main living costs for a student include their rent or room and board, food, and costs for other daily necessities like transportation to and from school, a security deposit for housing, etc.  3. Medical Insurance  International students are frequently required to obtain health insurance by many foreign universities. This specific cost is covered by an education loan in India for studying abroad as it is one of the prerequisites for studying abroad for many students. Therefore, while applying for an education loan, health insurance can also be taken into account.  https://www.youtube.com/watch?v=4gTQkdePOWM 4. Flight Tickets  Another significant price covered by an education loan when applying for one overseas is airline tickets to the location of your choice. When quoting the education loan amount to your bank, this component might also be included.  5. Research Aid  You can include this information in the education loan application if your foreign university's offer letter states that you are responsible for paying for excursions and other extracurricular activities throughout the course of your studies. In addition, when applying for both forms of school loans in India, students can include the price of products like books, computers, and other study supplies in their total expenses.  https://www.youtube.com/watch?v=fufyFB9aMQI Does an education loan cover living expenses? The answer is yes, in most cases! Indian education loans for abroad studies typically cover a range of expenses beyond just tuition fees. This can include: Living expenses: This covers your accommodation, food, local transportation, books and study materials, and other daily needs. Travel expenses: The loan may cover flight tickets to your study destination and back. Other fees: This might include visa application fees, health insurance premiums, and even exam registration fees. However, there are a few key things to remember: Loan amount limitations: There might be a maximum limit on the total loan amount you can avail. This limit should ideally factor in both tuition fees and estimated living expenses. Documentation required: You'll need to submit documents like university acceptance letters and estimated living cost breakdowns to secure the loan amount for living expenses. Disbursement process: The loan for living expenses might be disbursed directly to the university or in instalments based on a pre-determined plan. Remember: Carefully research different lenders and compare their loan terms, interest rates, and living expense coverage options. This will help you choose the most suitable education loan for your study abroad journey. With proper planning and the right financial backing, your dream of studying abroad can become a reality! What elements must a student take into account when determining costs?  There is no way to change the loan arrangement because the student loan is a one-time transaction. Therefore, a student needs to be aware of the costs they can cover on their own and those for which they might require a loan. The student's financial stability at the time of study is of utmost importance, so the loan amount should be chosen with that in mind.  Before assessing the costs, a student must take the following into account:  The price of housing in a specific country and whether it will be possible to live in shared housing for a lower cost of living.  Food prices in the city where the university is situated.  Additionally, a student's ability to prepare meals on their own can significantly lower the cost of tuition.  Since academics are not just available on-campus, the cost of eating out or intercity travel will be included in the total fee.  Many regions, including the US and Australia, have cheap used car markets and reasonable gas prices. In contrast, students in countries like Ireland receive discounts on public transportation. All of this requires preliminary research.  In the city where the university is situated, there are opportunities for part-time employment. There are enticing part-time occupations with regulated minimum earnings in several nations. This assists students in paying for a sizable portion of their living costs.  FAQs on Education Loans and Living Expenses What percentage of living expenses does the loan cover? The percentage can vary depending on the lender, your chosen university's location, and your course duration. It typically falls between 30% - 70% of the total estimated living expenses. Can I apply for a separate loan for living expenses? While some lenders might offer a combined loan, you can explore separate personal loans to bridge any gap between the sanctioned amount and your actual living expenses. However, remember the additional interest burden of a separate loan. Are there any living expenses not covered by the loan? Discretionary expenses like entertainment, shopping sprees, or travel beyond academic purposes typically aren't covered. What documents are needed for living expense coverage? Universities' cost of living estimates, proof of accommodation arrangements (if any), and detailed living expense breakdowns are usually required.

Australia is one of the top destinations for Indian students who wish to study abroad. Its culture, universities, language, and student policies have allowed Indians to settle there and build careers. Fun Fact: In order to study in Australia, students must have $24,505 (₹13 lakhs) in savings to apply for a student visa. This tells us that studying in Australia is not cheap, but by planning, budgeting and finding the most affordable universities in Australia, you can make your dreams a reality. However, the costs of pursuing higher education in Australia can be a major concern and barrier for many students. Fortunately, there are many affordable universities in the country that provide excellent education and a supportive learning environment. https://www.youtube.com/watch?v=MwQWKYxxJ8o https://www.youtube.com/watch?v=AbYbP-HKAd8 Source: EduFund Top 10 Cheapest Universities in Australia 1. University of the Sunshine Coast Located in Queensland, the University of the Sunshine Coast is renowned for its affordable education and commitment to providing high-quality facilities. The university places a strong emphasis on practical learning and industry engagement. They offer a diverse range of undergraduate and postgraduate programs in fields like business, science, education, and health. The annual tuition fee for international students is approximately A$22,000, making it one of the most affordable options available. Moreover, the cost of living in this area is lower than in other Australian cities, further easing the financial burden on students. 2. Charles Sturt University Situated in New South Wales, Charles Sturt University is celebrated for its exceptional teaching and research facilities. With a strong focus on industry-relevant programs and practical learning experiences, the university offers a wide array of undergraduate and postgraduate programs, including business, education, and health-related disciplines. The annual tuition fee for international students is around A$24,000, making it an attractive and affordable choice for higher education. Additionally, the cost of living in this region is relatively low, providing students with a conducive and affordable living environment. Bachelors in Australia Read More 3. Federation University Australia Nestled in Victoria, Federation University Australia stands out as one of the most affordable universities in the country. The university is committed to providing quality education and offers a range of undergraduate and postgraduate programs in various fields, including business, science, education, and health. With an annual tuition fee of approximately A$25,000, international students can pursue their academic goals without breaking the bank. Moreover, the cost of living in this region is relatively affordable, making it an attractive choice for budget-conscious students. 4. Southern Cross University Situated in New South Wales, Southern Cross University is known for its excellent teaching and research facilities. The university prides itself on fostering a supportive and inclusive learning environment for its diverse student population. Offering a range of undergraduate and postgraduate programs in fields such as business, education, and health, the university provides an affordable avenue for international students to pursue higher education. With an annual tuition fee of around A$26,000, students can access quality education without incurring excessive financial burdens. Additionally, the cost of living in this region is relatively low compared to other cities, ensuring students can manage their expenses effectively. How to Finance a Child's Australian Dream? Read More 5. Victoria University Based in Melbourne, Victoria University is recognized as one of the cheapest universities in Australia for international students. The university offers a wide range of undergraduate and postgraduate programs across various disciplines, including business, science, education, and health. With a focus on industry connections and practical learning experiences, Victoria University provides students with valuable skills and knowledge for their future careers. The annual tuition fee for international students is around A$28,000, making it an affordable option. Furthermore, the cost of living in Melbourne, while higher than in some other cities, can be managed with careful budgeting. https://www.youtube.com/watch?v=Ew2MC3RCo68 6. Torrens University Situated in Adelaide, Torrens University is renowned for its excellent teaching and research facilities. The university offers a diverse range of undergraduate and postgraduate programs in fields such as business, education, and health. With a commitment to providing industry-relevant education, Torrens University equips students with the skills and knowledge necessary to thrive in their chosen careers. The annual tuition fee for international students is around A$29,000, making it an affordable option for pursuing higher education in Australia. Additionally, the cost of living in Adelaide is relatively lower than in other cities, allowing students to allocate their resources effectively. 7. Australian Catholic University Located in Sydney, the Australian Catholic University stands out as one of the cheapest universities in Australia for international students. The university offers a range of undergraduate and postgraduate programs across various fields, including business, science, education, and health. With a focus on holistic education and fostering a strong sense of community, the Australian Catholic University provides an enriching learning experience. The annual tuition fee for international students is approximately A$29,000, offering an affordable pathway to higher education. Although the cost of living in Sydney is higher than in some other cities, students can manage their expenses through careful budgeting and availing of available resources. 8. Charles Darwin University Charles Darwin University, situated in Darwin, offers outstanding education and research facilities. The university provides a diverse range of undergraduate and postgraduate programs in numerous fields, including business, education, and health. With a strong emphasis on practical learning and industry engagement, Charles Darwin University prepares students for successful careers in their respective fields. The tuition fee for international students is around A$30,000 per year, and the cost of living in Darwin is relatively lower compared to other Australian cities, allowing students to stretch their budget effectively. 9. James Cook University Situated in Queensland, James Cook University is known for its affordability and commitment to international students. With a strong focus on research and tropical expertise, the university offers a range of undergraduate and postgraduate programs across various fields, including business, science, education, and health. The annual tuition fee for international students is around A$30,000, making it an attractive option for those seeking affordable education. Moreover, the cost of living in this region is notably lower than in other cities, allowing students to manage their finances efficiently. 10. Western Sydney University Located in Sydney, Western Sydney University is recognized for its excellent teaching and research facilities. The university offers a range of undergraduate and postgraduate programs across various fields, including business, education, and health. With a strong emphasis on practical learning and industry connections, Western Sydney University equips students with valuable skills and knowledge for their future careers. The annual tuition fee for international students is around A$31,000, providing an affordable option for higher education. Furthermore, the cost of living in Western Sydney is relatively affordable, allowing students to make the most of their educational journey without compromising their financial stability. While the expenses of higher education in Australia can be a concern for several students, the universities mentioned above are some of the cheapest options in Australia, providing a wide range of programs across various disciplines. Want to save for your child's Australian Dreams? Start Investing! Affordable Universities in Australia for Undergraduate Programs By considering these options, students can choose affordable universities without compromising the quality of their education. Here are some Australian universities known for being easier on the wallet (tuition fees mentioned are yearly estimates in Indian Rupees): University of Southern Queensland (USQ): USQ offers bachelor's degrees starting around ₹3.3 Lakhs and postgraduate programs around ₹3.6 Lakhs. University of the Sunshine Coast: This university boasts bachelor's programs starting at ₹18 Lakhs and Master's programs at around ₹18 Lakhs. Edith Cowan University (ECU): ECU is known for its budget-friendly Master's programs, some starting as low as ₹13.2 Lakhs. Charles Darwin University: Explore the unique landscape of Australia while studying at Charles Darwin, with undergraduate programs starting at ₹19 Lakhs. Charles Sturt University: This university offers a good range of affordable programs, with Bachelor's degrees starting at ₹16.8 Lakhs. Beyond Tuition Fees: The Cost of Living in Australia While tuition fees are a significant factor, remember to factor in living expenses: Accommodation: On-campus housing or shared apartments are budget-friendly options, ranging from ₹30,000 to ₹50,000 per month. Food: Groceries and eating out can vary depending on your preferences. Expect to spend around ₹20,000 to ₹30,000 per month on food. Transport: Public transport can be expensive in major cities. Consider purchasing a student travel pass for concessions. Budget around ₹8,000 to ₹12,000 per month. Visa and Overseas Health Cover (OHC): Factor in the cost of your student visa application (around ₹14,000) and Overseas Health Cover (mandatory for international students - costs vary depending on the provider). Finding the Right Fit While affordability is important, remember to choose a university that aligns with your academic goals and interests. Research programs, faculty expertise, and campus life to ensure a well-rounded educational experience. Planning Makes Perfect! Start researching scholarships and financial aid options well in advance to ease the financial burden. Many universities offer merit-based scholarships and work-study programs for international students. Studying in Australia can be an enriching and life-changing experience. With careful planning and these tips on affordable universities, you can turn your dream into reality! FAQs What are some of the affordable Australian universities for Indian students? University of the Sunshine Coast (A$22,000), Charles Sturt University (A$24,000), Federation University Australia (A$25,000). What's the cost of studying at the University of Sunshine Coast, Australia? The annual tuition fee for international students is approximately A$22,000, making it one of the most affordable options available.

At some time, every international student considers obtaining further education in the United States. The exorbitant cost of college and other fees, however, deters students from pursuing their dreams and frequently convinces them to alter their original goals.   There are several scholarships available for students who want to study in the USA but are unwilling to take out loans to do so. In this article, we will inform you of the universities in the USA that are most affordable for international students. Affordable Universities in the USA Ever wondered what are the most affordable universities in the USA for international students? Check out the list of some of the cheapest universities in USA with fees for 2024. https://youtube.com/shorts/4v7YsTAAZVw?si=J9i7qqYmDwNKkXns 1. University of California, San Bernardino  Located in San Bernardino, California, the University of California offers various undergraduate, graduate, and online programs in different disciplines. The tuition fees for international students at this university are $17,041 for undergraduate programs and $13,723 for graduate programs. Additional expenses, including housing, food, and transportation, amount to $20,760. The total cost of attendance at this university is $37,801 for international students for UG and $34,483 for graduate program students.  2. University of Southeast Missouri  The University of Southeast Missouri, headquartered in Missouri, offers over 200 programs, including more than 75 graduate programs, 145 undergraduate majors, and 100 minors. The university is committed to delivering high-quality education through innovative teaching techniques. The tuition fees and living expenses for international students at this university are $29,747 for undergraduate programs and $22,482.32 for graduate programs in 2024.  Affordable universities in the UK Read More 3. Arkansas State University  Arkansas State University is a public research university located in Arkansas. It offers more than 160 degree-granting options, including online bachelor's and master's degrees. The tuition fees per credit hour for international students at this university are $552 for undergraduate programs and $665 for graduate programs.  4. University of Wisconsin  The University of Wisconsin-Madison is the oldest and largest institution in Wisconsin, offering 120 doctorate degrees, 148 master's degree programs, and 136 undergraduate majors. The tuition fees for international students at this university are $58,912 for undergraduate programs and $49,618 for graduate programs.  Affordable universities in Canada Read More 5. Brigham Young University  Located in Utah, Brigham Young University is a private research university that offers programs in 62 different languages. The tuition fees for international students at this university are $12,992 for undergraduate programs and $16,336 for graduate programs.  6. University of Louisiana at Monroe  The University of Louisiana at Monroe is a public institution that offers a wide range of academic disciplines using cutting-edge technologies. The tuition fees for international students at this university are $21,679 for undergraduate programs. Affordable universities in London Read More 7. Southwest Minnesota State University  Southwest Minnesota State University is a public institution located in Minnesota. It offers majors in business, psychology, exercise science, and kinesiology, and is ranked among the best public four-year colleges offering excellent liberal arts degrees. The total cost of attendance for international students at this university are $25,712 for undergraduate programs and $22,340 for graduate programs.  8. Northwest Missouri State University  Located in Missouri, Northwest Missouri State University offers undergraduate, graduate, and international programs in various academic subjects. The tuition fees per credit hour for international students at this university are $692 for undergraduate programs and $537 to $430 for graduate programs.  9. Dakota State University  Dakota State University is a public institution in South Dakota that offers online courses for working professionals and stay-at-home moms. It provides a variety of courses in subjects ranging from management to web design. The tuition fees for international students at this university are $ 20,596 for undergraduate programs. 10. Oklahoma State University Oklahome State University is counted amongst the most affordable universities in USA. It is a public university with an acceptance rate of 71%. Some of the most popular courses are Business, Marketing, Engineering, Veterinary and many more. The average cost of attendance for this university for undergraduate programs is $49,588 for international students. Going abroad this fall? Apply for an education loan with EduFund & stand a chance to win $10,000 in scholarship! FAQs What are the most affordable universities in USA? Here are some of the most affordable universities in USA: University of California, San Bernardino University of Southeast Missouri Arkansas State University University of Wisconsin Brigham Young University University of Louisiana at Monroe Southwest Minnesota State University Northwest Missouri State University Dakota State University Oklahoma State University Which state is cheapest for international students in USA? Here are some of the most cheapest states in USA for international students: San Diego, St Louis, Dallas, Houston, and Atlanta. Is USA expensive for Indian students? Yes, USA is expensive for Indian students. The average cost of attendance for Indian students is $35,000 every year, that is, ₹29 lakhs per annum in rupees. These are some of the affordable universities in the USA for international students. If you are looking for USA universities then check out the college cost calculator to find out the best colleges in the USA in your budget.  TALK TO AN EXPERT

The USA has emerged as a top destination for ambitious students, and for good reason! This blog explores ten compelling reasons why studying in the USA can be a transformative journey, opening doors to academic excellence, personal growth, and a bright future. 1. World-Class Education: The USA boasts some of the world's most prestigious universities, renowned for their exceptional faculty and rigorous academics. You'll find innovative programs designed to challenge and inspire across diverse disciplines, from engineering and medicine to humanities and business. Many universities prioritize cutting-edge research, offering students the opportunity to learn alongside leading minds in their fields. 2. Globally Recognized Degrees: A US degree is a passport to success. Recognized and respected by employers worldwide, a US education equips you with valuable knowledge and skills that will set you apart in the global job market. Whether you seek a career in India or internationally, a US degree opens doors to exciting opportunities. 3. Flexible Education System: Unlike rigid educational structures, US universities offer a refreshing level of flexibility. The credit system allows you to tailor your studies, choosing courses that align with your interests and career goals. This freedom to explore different fields before specializing allows you to discover your true passion. 4. Diverse and Inclusive Environment: US campuses are a melting pot of cultures, fostering a vibrant and inclusive learning environment. You'll have the opportunity to learn alongside international peers, broadening your perspective and developing valuable intercultural communication skills. This diverse environment prepares you to thrive in an increasingly globalized world. 5. Practical Learning Opportunities: US universities go beyond theory, offering a wealth of practical learning experiences. Internships, co-ops, and hands-on projects allow you to apply your knowledge in real-world settings. This practical experience enhances your resume and makes you a more competitive candidate for future jobs. 6. Cutting-Edge Technology and Resources: US universities are at the forefront of technological innovation. State-of-the-art facilities, advanced research labs, and access to cutting-edge software and equipment provide an unparalleled learning environment. Imagine conducting research in world-class facilities and having access to the latest technological advancements in your field! 7. Development of Life Skills: A US education is more than just academics. Universities cultivate essential life skills, fostering independence, critical thinking, and strong communication abilities. You'll learn to manage your time effectively, collaborate with diverse teams, and express yourself confidently. This holistic approach empowers you to succeed not just in academia, but also in your personal and professional life. 8. Vibrant Campus Life: Step beyond the classroom and immerse yourself in the rich tapestry of campus life. US universities offer a vast array of clubs, organizations, events, and activities catering to every interest. From sports and cultural clubs to student government and academic societies, you'll find opportunities to explore your passions, make lifelong friends, and contribute to a dynamic campus culture. 9. Scholarship and Financial Aid Options: Don't let financial concerns hold you back! Many US universities offer scholarships and financial aid programs specifically for international students. EduFund's expert advisors can help you navigate the financial aid process and explore scholarship opportunities to make your dream of studying in the USA a reality. 10. Post-Graduation Prospects: The Optional Practical Training (OPT) program allows international students to gain valuable work experience in the USA after graduation. This practical experience can strengthen your resume and enhance your career prospects. For some students, OPT can even lead to exciting job opportunities in the US after graduation. Wondering about how to finance your US education? Join our WhatsApp Community to know more! Embrace Your American Dream! Studying in the USA is an investment in your future, offering academic excellence, personal growth, and a chance to build a successful career. At EduFund, we're here to support you every step of the way. Contact our advisors today to explore your options and turn your dream of studying in the USA into a reality!

Mumbai, a vibrant metropolis teeming with educational opportunities, has witnessed a growing interest in boarding schools. These residential institutions offer a unique learning environment that extends beyond the classroom, fostering academic excellence, personal growth, and well-rounded development. This blog explores the compelling advantages of boarding schools in Mumbai and empowers you to make informed decisions for your child's future. What are Boarding Schools? Boarding schools are residential educational institutions where students live on campus under the supervision of faculty and staff. Unlike day schools, boarding schools provide a full-time learning environment that fosters discipline, independence, and a strong sense of community. Top 3 Boarding Schools in Mumbai 1. Vagad Global School, Mumbai Established in 2006, Vagad Global School offers a focus on academics, extracurricular activities, and holistic development.The school offers classes from pre-primary to Class 12 (CBSE stream with Science and Commerce options). They might also offer competitive exam preparation programs.Their residential program has separate wings for boys and girls and emphasises a safe and secure learning environment. Fees: The annual fees range from Rs 3.61 L to Rs 4.19 L. Admission Process: Filling the applicatin form > entrance exams > interviews 2. Swaminarayan Gurukul International School Seeking a value-based education for your child in Mumbai? Swaminarayan Gurukul International School, a co-educational boarding school in Navi Mumbai, might be a good fit. They focus on academics, moral development, and Indian culture, with a dynamic and success-oriented education program. Fees: Rs. 2.21L per annum 3. Hansraj Morarji Public School & Junior College Hansraj Morarji Public School, founded in 1939, sits in Andheri (West), Mumbai. This peaceful green space provides a welcome break from the city's hustle. Free from pollution, the lush campus feels like an oasis in a crowded metropolis. The school, a member of the IPSC, focuses on shaping mature, knowledgeable citizens. Discipline, character building, and respect for Indian values and culture are all nurtured here. They see each child not just as a student, but as part of a movement building a future that blends tradition with modern advancements. Fees: Rs. 1.44L per annum (Please note that the school fees mentioned above are estimates and could vary depending on grade level, boarding options, and other factors) Advantages of Boarding Schools in Mumbai Mumbai's boarding schools offer a multitude of benefits for students, fostering academic excellence, structured learning, well-rounded development, and essential life skills: Academic Powerhouse: Renowned for their rigorous curriculums and experienced faculty, boarding schools in Mumbai provide students with a strong academic foundation. Many offer diverse educational boards like CBSE, ICSE, and the International Baccalaureate program, catering to individual learning styles and aspirations. Beyond academics, a strong emphasis is placed on holistic learning, incorporating arts, sports, and a variety of co-curricular activities for a well-balanced educational experience. Structured Environment: Mumbai's boarding schools cultivate a structured environment that instils discipline, time management, and independent learning skills. Dedicated supervision provides a safe and secure learning environment, while established routines promote healthy habits and maximize academic focus. Join our WhatsApp community to learn more! Holistic Development: These schools go beyond textbooks, nurturing well-rounded individuals. Students have access to a rich array of co-curricular activities like sports, music, drama, and various clubs, fostering the exploration of interests and talents. Leadership training opportunities, teamwork experiences, and exposure to diverse cultures within the student body contribute significantly to personal growth.