Cost of Studying in Switzerland: Budgeting Tips for Indian Students

It is the year of unconventional international education destinations, where the students are choosing to study beyond the big 4- the US, the UK, Canada, and Australia. Switzerland for that matter is emerging as a premier education destination for students. The country is known for its premier academic programs and breathtaking natural views, which is attracting prospects from across the globe. However, studying in Switzerland for Indian students may turn out to be expensive, primarily due to its high conversion ratio which is 1 INR= 0.010934 CHF (Swiss Franc).

When you plan your study journey in Switzerland, it is important that you speak to your overseas education consultant and get to know how you can make the most of your decision.

In this article by MSM Unify, let’s first take a look at the cost of studying in Switzerland.

Pre-arrival cost of studying in Switzerland for Indian students

There are a host of pre-arrival expenses that students must consider. These comprise of University application fees, English language eligibility test fees, other standardized fees, student visa fees, health insurance fees, pre-arrival cost of accommodation, and travel expenses.

Top Universities in Switzerland and their fees

Student visa fees

The cost of visa depends on the total duration of the course selected. Prospective students must apply for a Schengen visa for a 90-day course and a course for a longer duration requires a national visa. The estimated cost of a Schengen visa is approximately CHF 80 or INR 7325, and that of a national visa is CHF 160 or INR 14,650. These are estimated figures, it is advisable that the students ask their overseas education consultants about the updated figures.

Health insurance fees

Studying in Switzerland for Indian students requires the prospects to avail of health insurance. However, the cost of health insurance depends on the type of policy and the insurance provider. On average the cost of health insurance for students in Switzerland is close to CHF 200 - CHF 300 per month or INR 18,312 to INR 27468 per month. *Please note: The fees mentioned here serve as a point of reference. The actual amount may vary.

Cost of accommodation in Switzerland

Further breaking down the cost of housing in Switzerland also carries a majority of expenses that the students must bear while planning to study in the country. Although, the cost depends on the type of accommodation being chosen.

Budgeting tips for Indian students

As overseas consultants and helping students live their study abroad dream for years, MSM Unify has listed a few budgeting tips for Indian students to note when planning to study in Switzerland. Some of these are:

1. Plan the budget in advance

Before deciding to arrive in Switzerland, it is important to set a clear budget plan that takes into account all the potential expenses such as tuition, accommodation, food, transportation, etc.

2. Use student discounts

Take advantage of the various discounts available for students. The Swiss Student Pass can offer reductions on public transportation, museums, cinemas, and other cultural venues. Always carry your student ID.

3. Consider part-time work opportunities

Depending on your visa status, you might be able to work part-time. This can be a great way to supplement your income. Universities often have job boards with postings aimed at students.

4. Avail scholarship and financial aid

Look into scholarships, grants, and other forms of financial aid available for international students in Switzerland. Organizations like the Swiss government, Educa.ch, and various foundations offer scholarships that can significantly reduce your educational expenses.

Conclusion

With many students considering studying in unconventional destinations, studying in Switzerland for Indian students can surely turn out to be a great choice with good budget planning. It is advisable that students refer to reliable overseas education consultants such as MSM Unify to understand how they can plan their education in Switzerland better.