استمتع بـUnlimited مع Magzter GOLD
احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل
Foreign degree, forex nightmare
August 11, 2025
|Financial Express Chandigarh
MANY HIDDEN COSTS INFLATE EDUCATION BILLS
LAST YEAR, OVER 750,000 Indian students headed overseas to pursue higher education. Yet, for many, foreign exchange remained an afterthought, a task often completed just before departure. In reality, it is a constant companion for the next three to four years.
Indian students can end up paying ₹1.5-2 lakh extra each year due to hidden bank charges, card fees, and currency markups. Over a four-year course, this adds up to ₹6-8 lakh—enough to fund multiple semesters of living expenses.
Pre-departure expenses The first major overseas expense is tuition or a housing deposit. These payments are often rushed through traditional bank transfers, which typically include a 3-3.5% markup on the interbank rate, along with transfer fees, SWIFT charges, and beneficiary bank deductions.
هذه القصة من طبعة August 11, 2025 من Financial Express Chandigarh.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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