Financial Guidance
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About
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UK
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USA
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Australia
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Free Resources
About
We understand that studying abroad is a significant financial decision. At Raffles Educare, we provide personalized guidance to help you select universities and courses that align perfectly with your financial capacity and academic aspirations, making your international education dream achievable.
Frequently Asked Questions
We provide a clear breakdown of all costs—tuition, living expenses, and hidden fees. Our experts then help you create a realistic budget, explore scholarship opportunities, and guide you on the financial proof required for your visa application.
The process is low-risk with our guidance. The primary risk lies in incomplete financial proof leading to visa refusal. We mitigate this by ensuring your funds are documented correctly and meet the embassy's specific requirements before you apply.
Raffles Educare never handles or collects your tuition or living funds. You will pay your tuition fees directly to the university and manage your personal expenses. We only charge a professional service fee for our guidance, which is always communicated transparently upfront.
We provide a complete cost breakdown upfront, including often-overlooked expenses like health insurance and administrative fees, ensuring no surprises.
UK
Embarking on your UK education journey is exciting, but visa, financial, and travel steps can be complex. Raffles Educare turns these challenges into a smooth, predictable path. With our expert guidance, you can navigate the entire process confidently and transform your dream of studying abroad into a successful reality—completely stress-free.
Frequently Asked Questions
Undergraduate: Tuition fees range from £10,750–£25,000 per year, with living expenses around £1,136–£1,483 per month. Postgraduate: Tuition fees range from £10,950–£45,000+ per year, with similar living costs. Other expenses may include flights, personal expenses, and course materials.
You can provide bank statements showing you’ve held the required funds for 28 consecutive days, but this is not compulsory. Alternatively, an education loan covering your tuition and living expenses is also accepted as proof of funds.
Beyond tuition, key costs are the visa fee (£490), the Immigration Health Surcharge (£776/year), and flights. For Nepali students, also budget for the NOC fee (~2,000 NPR) and medical examination (~8,000 NPR).
You may carry any amount of cash, but £10,000 or more (or the equivalent in other currencies) must be declared at customs. We recommend carrying £1,000–£1,500 for initial expenses and using cards or digital payments for larger amounts.
USA
Pursuing education in the USA opens doors to world-renowned universities and exceptional opportunities. At Raffles Educare, we simplify the entire process—from university selection and visa applications to financial planning—ensuring you are fully prepared to embark on your American academic adventure with confidence
Frequently Asked Questions
Costs vary by institution and location. Undergraduate tuition typically ranges from $20,000 to $50,000 per year, while postgraduate programs can cost $25,000 to $60,000+ annually. Living expenses add approximately $1,000 to $2,500 per month.
You must demonstrate sufficient funds to cover your first year of study, as listed on your I-20 form. Acceptable proof includes personal or family bank statements, scholarship award letters, or approved education loan documents.
Key additional costs include the Application fees($50 and $100 per application),Visa Application Fee ($185), the SEVIS Fee ($350), health insurance, and flight tickets. Budget also for potential costs like credential evaluations or English proficiency tests (e.g., TOEFL, IELTS).
There is no limit, but you must declare cash exceeding $10,000 (or equivalent) to customs. We recommend carrying $1,000–$2,000 for initial expenses and using cards for larger transactions.
Australia
Achieve your academic goals in Australia with Raffles Educare. We guide you through university selection, visa processing, and financial planning for a seamless study abroad experience. Our expert support ensures you're well-prepared to begin your educational journey in Australia with confidence.
Frequently Asked Questions
Undergraduate programs cost around AUD 20,000–45,000 per year, postgraduate programs AUD 22,000–50,000+, with living expenses averaging AUD 1,400–2,500 per month, depending on lifestyle and city.
You must show funds covering first-year tuition, living costs (AUD 24,505/year), and travel expenses, using bank statements, loan documents, or scholarship letters as proof for your visa application.
Other costs include the student visa fee (AUD 710), Overseas Student Health Cover (AUD 500–700 per year), flight tickets, and possible English test fees like IELTS or TOEFL.
There is no limit, but AUD 10,000 or more must be declared. Carry AUD 1,000–2,000 for initial expenses and use cards for larger payments.