Many Indian students dream of studying in South Korea because of its rich cultural heritage, and renowned Universities. In that case, the challenge includes cost of living in Korea for Indian students like the expensive lifestyle and tuition fees, which can reduce their motivation to shift to South Korea. Himang International has discovered that managing expenses at the initial stage might be challenging, but with appropriate financial planning and scholarship, you can achieve this dream. In this blog, we will mention the cost of living in Korea for Indian student so that they can plan their budget and fulfil their dream of studying there.
The cost of living in Korea for Indian student
Tuition Fees
- The cost of a humanities and social science degree in the public University includes 2.5-4 lakhs in Indian rupees per year. In relation to the private universities, it can increase to 4-6 lakhs in Indian rupees per year for tuition fees.
- If you want to pursue an engineering or Science degree from a public University it can take 3.5-5 lakhs in Indian rupees per year and 5-7 lakhs in private Universities.
- The Tuition fees of the medicine and pharmacy degree, it can take 5-8 lakhs per year in public universities and 7-12 lakhs in private universities.
Accommodation cost
- The cost of the on-campus dormitory can include 15,000-30,000 Indian rupees per month including basic furniture, sometimes meals, internet and room.
- In relation to the off-campus housing, the cost might increase and it can take the rent of 25000-60000 per month. In that case, you will need to deposit the money of approximately 2 to 4 lakhs in Indian rupees which is refundable.
- Himang International recommends that Indian students go for the on-campus dormitories or share their room to divide the rent.
Food Expenses
- Korean meals are comparatively cheap and can be affordable for you if you focus on bringing home-cooked meals.
- In that case, the cost of the food in the university cafeteria can include 100 to 250 Indian rupees per meal.
- If you are looking for a Korean restaurant meal then it can cost 300 to 600 Indian rupees for meal.
- The cost of the monthly groceries might approximately include 6000 to 10000 Indian rupees per month.
Transportation
- The transportation system of South Korea is very affordable and international students especially Indians can get special discounts by using a T-Money card.
- In that case, the cost of the bus and subway ride can include 60 to 90 rupees per ride.
- The Monthly pass of Seoul includes 2000-3000 rupees per month.
- If you are looking for taxis for short rides it can take 300 to 600 Indian rupees per ride.
Study Materials & Supplies
- The cost of the books and stationery can include 3,000-6,000 in Indian currency during the first semester.
- Laptop is an optional cost that may include 40000 to 80000 in Indian currency and it is a one-time investment.
- Himang International recommends searching for digital reading material and second-hand books that can reduce your expenses.
Mobile & Internet
- The data plan in South Korea includes 700-1500 in Indian currency per month.
- Also, the cost of home wi-fi can include approximately 1000-1500 in Indian currency per month.
Personal Expenses
- In relation to the toiletries cost it includes approximately 800 to 1200 in Indian currency per month.
- The cost of the closing and shopping includes 2,000-5,000 in Indian currency per month.
- Apart from that the entertainment cost might include 1500-4,000 in Indian currency per month.
Travel and Visa Costs
- If you catch a flight from India to Korea it will take 40,000 – 70,000 in Indian currency.
- The cost of a student visa D-2 includes 4,000-6,000 in Indian currency.
- Also, the cost of an Alien Registration Card includes 3,000 in Indian currency which is a one-time expense.
If you are planning to study in South Korea you need to focus on these expenses and plan your budget according to your affordability. Most Korean universities provide excellent scholarship opportunities for international students, especially for the Indians that can help you to manage all your expenses efficiently.
Himang International help to manage their cost of living in Korea for Indian student by providing them with comprehensive budget planning and tips to manage the overall expenses that can be beneficial for their survival. We have a dedicated team that concentrates on student needs and helps them to achieve all their dreams by providing them with counselling sessions. Willing to know more about the budget planning? Connect with our experts now!!