The cost of studying abroad is always more than that of studying in the home country. So, it’s very important to know about all the costs involved in the process of studying abroad. It is a whole lot of responsibility on the parent for arranging the sufficient amount of funds for their children to study abroad. Not only tuition fee but the living costs, medical, visa costs and all other miscellaneous costs are to be included in the budget. The budget is a mirror image of the financials that will be required for studying overseas.