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What does it cost to study abroad?

Planning for an overseas education? Here's a quick overview of how much you’ll need for tuition fees and living expenses.

Cost list

The total cost of taking an undergraduate course in the USA, Australia, UK and Canada (for international students) ranges from USD 109,314 to USD 165,231 (current value)
Country

Annual tultion fees

(USD,pa)

Annual cost of living

(USD,pa)

Total cost for an undergraduate course

(USD)

USA 29,254 12,054 165,231
UAE 28,853 13,658 148,788
Hong Kong 16,574 18,366 139,756
Australia 23,575 14,502 133,272
Singapore 17,247 17,310 120,950
UK 20,542 13,604 119,513
Canada 15,591 11,737 109,314
Taiwan 3,436 9,922 53,429
Indonesia 4,015 7,600 52,265
China 3,813 7,452 50,690

 

Global key findings - Parents have high expectations for their child's education but many do not have a proper plan in place.

  • 95% and 88% are considering university undergraduate and postgraduate education for their son or daughter, respectively
  • 78% have a favoured occupation in mind for their child, with medicine being the most popular profession, followed by engineering and computer science. Income-earning potential and job security are the top reasons driving parents' preferences.

 

Source: The total cost for students in each country is the sum of the average university tuition fees for international students based on the average length of courses, and the average cost of living per year. Annual tuition fees data have been sourced from the 10 largest universities in each country. The annual cost of living for students in each country is sourced from www.expatistan.com on 3 August 2015. The above fees are for reference only.

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Global experts' advice to help you capture global investment opportunities and mitigate investment risks to meet your diversified investment and wealth management needs. Our investment products include: Structured productsDual Currency Investment and Enhanced Yield InvestmentOverseas Investment Plan, and Local Unit Trust and Hong Kong Mutual Recognition of Funds.

We take into account your protection needs at various life stages to help you find out suitable insurance plans, leveraging on our ability to offer a one-stop platform for your insurance needs.

You could check our insurance partner policies including Travel insuranceHealth insurance, and Life insurance, and our Online service.

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Although the above information is carefully written, the Bank does not warrant, state or guarantee the accuracy or completeness of the above information. The above information is not and should not be regarded as an offer or purchase invitation for any financial product, nor should it be viewed as an investment proposal.