How to use the MS Abroad Total Cost Calculator
- 1. Pick the currencyChoose the currency and enter today's rupee rate from your bank.
- 2. Enter the costsTuition for the course, monthly living cost, insurance, books, setting up and pre-departure costs.
- 3. See the totalSubtract scholarships and earnings, add a buffer and see the total, per month and the rate risk.
How the total is calculated
Costs abroad are added in the foreign currency first:
- Tuition for the whole course.
- Living cost per month × course months.
- Insurance and books per year × course years.
- Setting-up costs on arrival.
Scholarships and any part-time earnings you count on are subtracted. The result is converted at your rupee rate. Pre-departure costs in rupees (applications, tests, visa and flight) are added, and then a buffer % for surprises and rate changes. The rate-risk figure shows how much more you pay if the rupee rate rises by ₹5.
Worked example
Take a 24-month course with tuition of 40,000, living of 1,200 a month (28,800 in total), insurance and books of 2,300 a year (4,600) and setting up of 1,500, all in USD. That is 74,900 USD. At an example rate of ₹85, that is ₹63,66,500.
Add ₹2,00,000 of pre-departure costs to get ₹65,66,500, then a 10% buffer for a total of about ₹72,23,150, or about ₹3 lakh per month of study. These are sample inputs only, not figures for any university.
Where to get real numbers
Use the university's official cost of attendance page for tuition and living estimates, and check the current visa fees and student work rules for the country. The rate changes daily, so try a few rates. For loan planning, use the education loan eligibility estimator and EMI calculator. To weigh the cost against a job in India, try MS abroad vs job in India.
Frequently asked questions
Are the default costs real?
No. They are placeholders. Replace them with the figures from your university and your own estimates.
Should I count part-time earnings?
Only if you are confident of them. Work rules for students differ by country and can change, so many students plan without them.
Is loan interest included?
No. Use the education loan EMI calculator to see the interest on any loan you take.
Is it free?
Yes. You enter your name and WhatsApp number once to see the result, and other Uncodemy tools then open without the form.