1. 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)

2. Show me the money!

3. 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)

4. 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

5. 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

6. Length
Location
Variables
Citizenship
Subject

7. 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)

8. 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 CEO World

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

10. 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

11. 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

12. 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

13. Financial Aid / Scholarships

14. Cost
Subsidy

15. 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

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

17. 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

18. 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

19. 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

20. 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)

21. 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

22. 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

23. 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)

24. Don't rely on out of date information!

25. Work things out!

26. Total costs

27. 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)

28. Useful resources https://www.internationalstudent.com/scholarships/
(USA)
(UK)
(Thai)
(Neth)
(Aus)
(Can)
(Korea)
(Germany)
(Sing)
(Sweden)
(Finland)

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