Can you match the institution with the cost Can you match the institution with the cost? (Business Management / US$) $28,615 UMichigan (USA) $23,769 Adelaide (Aus) $197 Stamford Intl (Thai) $49,350 NUS (Singapore) $24,861 Cambridge (UK) $10,023 UBC (Canada) $27,643 LMU Munich (Germany) $19,628 UCRoosevelt (Neth) $13,609 Helsinki (Fin)

Show me the money!

What would you pay to study Business Management (US$) $49,350 UMichigan (USA) $28,615 UBC (Canada) $27,643 Adelaide (Aus) $24,861 Cambridge (UK) $23,769 NUS (Singapore) $19,628 Stamford Intl (Thai) $13,602 Helsinki (Fin) $10,023 UCRoosevelt (Neth) $197 LMU Munich (Germany)

Country Average Tuition Average Living Overall Average 1 USA $43,298 $19,926 $63,223 / 2 million THB 2 Australia $24,905 $16,933 £41,839 / 1.3 million THB 3 New Zealand $22,261 $15,810 $38,070 / 1.2 million THB 4 United Kingdom $21,663 $11,964 $33,628 / 1.1 million THB 5 Canada $21,619 $11,262 $32,882 / 1 million THB 6 Hong Kong $17,473 $7,522 $25,111 / 0.8 million THB 7 Singapore $15,521 $7,571 $23,092 / 0.7 million THB 2017

Net monthly salary after graduation ($) Payback period (Years) Country Annual total cost ($) Net monthly salary after graduation ($) Payback period (Years) Australia 38,445 3,425 11 United States 33,394 3,007 United Kingdom 32,006 2,266 14 Hong Kong 29,353 1,397 21 Canada 27,357 3,475 8 Finland 16,597 3,157 5 Source EduNation 2018

Length Location Variables Citizenship Subject

Costs over length of course (in THB) 1.1m USA (2 year) 0.8m Germany (3 year) 2.8m Singapore (4 year) 3.3m UK (3 year) 3.9m Australia (3 year) 6.4m USA (4 year private college) 4m Canada (4 year)

Most expensive cities Boston New $1856 York $1608 London $1356 Sydney $1220 Oxford $1084 Dublin $1076 Melbourne $988 Paris $904 Toronto $924 Rent per month - 2018 CEO World

Least expensive cities Oxford $496 Sunder- land $488 Nuremburg $480 East Lansing $480 Derby $460 Tallahasee $436 Granada $384 Singapore $376 Rent per month

Citizenship / Residency No difference: USA / Germany / Norway / Taipei Cheaper for citizens: Australia / Canada / Netherlands / Singapore Cheaper for EU citizens: Netherlands / Finland / France / Denmark / Austria / Italy / Spain Cheaper for UK/EU residents: UK

Costs for citizens: Denmark / Germany / Finland / Norway: Free Austria / Netherlands / Italy / Spain: less than $4000 Australia / New Zealand / Canada / Israel / Japan / Korea / UK :$4-10,000

Subject Group 1* Archaeology; Asian and Middle Eastern Studies; Economics; Education; English; History; History of Art; History and Modern Languages; History and Politics; Human, Social, and Political Sciences; Law; Linguistics; Modern Languages; Philosophy £19,197 Group 2* Mathematics £20,157 Group 3a* Architecture £22,482 Group 3b Geography; Music £26,376 Group 4 Chemical Engineering; Computer Science; Engineering; Management Studies; Manufacturing Engineering; Natural Sciences; Psychological and Behavioural Sciences £30,678 Group 5 Medicine; Veterinary Medicine £52,638

Financial Aid / Scholarships

Cost Subsidy

Terms to know Self Help Financial Aid Work Study Expected Family Contribution Cost of Attendance Need Blind / Aware Self Help Work Study Scholarship Entry Award

Cost of Attendance Direct costs Tuition / Other Fees Housing / Food Indirect costs Visa - Transportation Books - Insurance Personal Cost of Attendance

Financial Aid Students and families are the primary source of funds and are expected to contribute to the extent they are able Financial Aid is any money contributed from another source to make up the difference

Expected Family Contribution (US / Canada) Assets Expected Family Contribution (US / Canada) Family Income Measure of capacity over time to absorb the costs of education Not a cash amount to be taken from current income or assets Tax

Need based financial aid (US / Canada) Need Blind: ALL students are admitted regardless of financial need, the university will make up whatever financial aid package required to attend Need Aware / Sensitive / Conscious: Students are admitted in rank order with financial aid provided upto a point, once the money is gone needy students stop being admitted Many universities will guarantee to meet "full need" but this may not be the full amount / be less than parents expect

Be prepared for intrusion! Bank statements/ proof of income Tax returns Assets: property / shares / businesses Divorced or separated parent income Family details Essays / letters Portfolios / CVs References Additional deadlines Forms (e.g. CSS Profile)

Scholarships Money given on the basis of excellence - academic or sporting / leadership / musical etc. ability Regardless of family's ability to pay Merit based Require excellence Usually require grades / activity be maintained Frequently don't cover full costs

Entry / Major / One Off Awards Payments at entry Maybe a reduction in fees Based on academic excellence Designed to make you choose that institution Sometimes are automatic entry

Other types of Help Loans: need to be repaid Work/Study: earn money through a university approved work scheme (only official work allowed on US F1 Visa) Work: Thailand (not allowed) Denmark / Netherlands / Singapore (upto 15/16 hours a week) UK / Australia / Germany / Ireland / Canada (up to 20 hours) Finland (upto 25 hours)

Don't rely on out of date information!

Work things out!

Total costs

Final tips... Minimum amounts for visa requirements: UK / Germany = $10,000 Residency and fees e.g. UK / EU passport holders become International Students if they do not meet residency requirements Language of courses e.g. Germany is "free" / France is “cheap” but there are few English language programmes Cost of Living e.g. Norway is “free” but cost of living is high - estimated at $1400 per month for students Deadlines vary for aid: some at application / some automatic - CHECK Anticipate need - most institutions will not allow you to “re-apply” for aid once admitted (e.g. if a sibling going to college means finances will be needed part way through)

Useful resources https://www.internationalstudent.com/scholarships/ https://www.topuniversities.com/student-info/scholarship-advice/scholarships-study-abroad http://www.scholars4dev.com/category/country/ https://www.collegeraptor.com/paying-for-college/articles/scholarships/ (USA) https://www.savethestudent.org/international-students/scholarships-funding-for-international-students-uk.html (UK) https://studyinthailand.org/study-abroad-thailand-university/scholarships-for-thailand.html (Thai) https://www.studyinholland.nl/study/scholarships/highlighted-scholarships/holland-scholarship (Neth) https://www.studyinaustralia.gov.au/english/australian-education/scholarships (Aus) http://www.studycanada.ca/english/scholarships_canada_international_students.htm (Can) http://www.studyinkorea.go.kr/en/sub/gks/allnew_invite.do (Korea) https://www.studying-in-germany.org/scholarships-and-financing/ (Germany) https://www.collegepond.com/undergraduate-programs-scholarships-international-students-singapore/ (Sing) https://studyinsweden.se/scholarships/ (Sweden) https://www.studyinfinland.fi/scholarships (Finland)

Next week! Options! How to support your child through choosing Cambridge IGCSE and A Level Options