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Things to Keep in Mind While Going Abroad for Studying

By Finserv MARKETS - Feb 23,2019
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Things to keep in mind while going abroad for Studying

The prospect of studying abroad can be exciting and daunting at the same time. Moving away from your near and dear ones, long hours of studying, adjusting to a new culture, juggling part-time work, paying off the student loan are just a few of the numerous things that may be running on your mind. Regardless, studying abroad is guaranteed to be an adventure of a lifetime. To make your academic pursuits in a foreign land a bit easier, here are some important things to keep in mind.

1.Ensure that all your paperwork is in order

Get your passport as early as possible, and apply for your visa on time. If you already have a passport, double check the expiration date and make sure it will last you well beyond your semester abroad.

2.Secure your courses, flights and housing

All foreign education programs are unique, but most involve traditional coursework. Enquire about what classes you’ll be taking and where you’ll be staying so that you are well prepared for what’s coming. If you’re doing some travel before your semester begins, make sure you’ve booked a flight to your study destination.

3.Keep up to date with the currency exchange

Don’t assume that a particular foreign currency for e.g. US dollar will have the same value when you’re studying abroad as it did when you checked the exchange rate six months ago. Even small changes can make a big impact when you’re budgeting for months instead of days, and you could suddenly find yourself spending more. So make sure to keep tabs on the exchange rates.

4.Get all necessary health check-ups and vaccinations

Before flying abroad make sure to visit a travel clinic, where you’ll find out exactly what you’ll need to stay healthy overseas. Each country may need a different set of vaccinations and precautionary medications.

5.Talk to your bank

Talk to your bank and find out how your credit and debit cards work overseas. Some banks may have their own ATMs or branches in the area where you are headed, and some might have regional partners that don’t charge a fee for withdrawing cash.

6.Make sure to get Student Travel Insurance

Studying abroad entails several risks. Medical expenses and hospitalization charges can be exorbitantly high in foreign countries. Moreover, if something goes wrong, your family members may need to visit you. A Student Travel Insurance policy can save you from huge financial losses resulting from unforeseen circumstances while studying abroad. You can either opt for a foreign Student Travel policy or an Indian one. Opting for an Insurance from India is always more economical. Many foreign universities have made it mandatory for international students to have a Travel Insurance policy. You can buy an Insurance Plan online instantly with Finserv MARKETS.

Also read about the various benefits of travel insurance to properly use your policy.

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