Best places to study abroad in 2024

Gabriela Peratello

International study broadens your horizons in so many ways. Not only do you boost your academic credentials, you’ll make new friends from around the world, learn a new language and gain exposure to a new culture.

Whether you plan on completing a full university degree overseas, or just want to take a semester out to learn somewhere new, this guide is for you.

We’ll take a tour of the best places to study abroad for English speakers, some of the best options in Europe and some budget friendly options too - plus we’ll also take a quick look at Wise - the smart digital account and card to make spending internationally cheap and easy.

move-and-manage-your-money

How to choose the right study abroad destination: step by step

Studying overseas is a fantastic opportunity, but it’s also going to take a lot of research to pick the right place and course. There’s no single right way to go about this, as everyone is on a different journey - but some common steps include:

  1. Decide whether you’d like to study abroad for a full course or s shorter term exchange with an organization like CIEE¹

  2. Research the tuition fees in different countries - data is available as an overview from educationdata.org², and in detail from individual universities

  3. Check out the costs of living in your preferred destination - a site like Numbeo³ can be very helpful here

  4. Shortlist institutions and courses, and get in touch to discover more about the process and application requirements

  5. Apply to your preferred institutions, and wait for confirmation of your place

Once you know where you’ll be studying abroad, you’ll need to get started on more practical arrangements such as arranging a visa, flight and accommodation.

Most universities will have an international student office which can often offer support with this - so asking for help and advice early in the process is a smart idea.

What are the best places to study abroad?

We’ll go into a few of the best places to study abroad in Europe, and the best places to study abroad as an English speaker, a little later.

There are so many fantastic options for Americans looking to complete studies overseas, let’s start with some good all round options which you may not have thought of.

Norway

We’ll kick off our tour of great places to study abroad in Norway. Tuition fees for US citizens are relatively low, and the Norwegian way of life is famously great fun, with lots of outdoor activity and sports - in a highly developed country with an excellent standard of living.

Tuition costsAround 25,000 USD⁴
Cost of living15,000 USD/year
Pros
  • Courses offered in English across most subjects

  • High standard of living

  • Lots of international students

Cons
  • Not the cheapest place to live

  • You’ll need to get used to the weather!

Good forStudy in a diverse group of international students where English is a shared language

South Korea

South Korea has excellent universities and many courses which are taught in English.

Tuition fees are fairly low, even for international students, and although living costs can be high, as a student it’s perfectly possible to stick to a pretty reasonable budget.

Travel costs - which are unavoidable - are high, though.

Tuition costs16,800 USD
Cost of living9,500 USD/year
Pros
  • High quality of teaching

  • Modern cities with great infrastructure and safety

  • Unique experience available

Cons
  • Demanding courses

  • Travel back to the US is time consuming and costly

Good forA unique cultural experience, offered with the option of teaching in English

Argentina

Argentina may not be the first place that comes to mind for overseas study but it has a lot of great advantages, including cheap or even free tuition and a low cost of living.

Some universities, such as the University of Buenos Aires⁵ even offer exchange programs with US universities so you could go for a term or two instead of completing an entire degree there.

Tuition costsFree to 15,000 USD
Cost of livingUp to 5,000 USD/year
Pros
  • Full time and exchange programs available

  • Spanish immersion

  • Well connected to the US

Cons
  • Limited places available on competitive programs

  • Varying quality of education depending on university selected

Good forAdventurous students looking to perfect their Spanish language as they complete their studies

Everywhere money. Meet Wise: the world's most international account

If you’re not living in the US — or if you simply want a more flexible account you can open from anywhere — check out Wise.

Wise isn’t a bank, but a money service business (MSB) that offers an account which allows you to hold, send and receive money. As well as getting an attached debit card — plus you’ll get some extra perks which suit anyone living an international lifestyle.

You’ll be able to hold 40+ currencies, and get local account details for up to 9 currencies including USD, to get paid easily by wire or ACH.

Wise offers linked debit cards for spending and withdrawals around the world, and all currency conversion uses the mid-market exchange rate.

That means that whenever you send a payment or spend in a foreign currency your dollars are converted with the mid-market rate with low conversion fees from 0.41%*. Easy.

[This way to easy

international payments](https://wise.com/register)

What are the best places to study abroad for English speakers?

Many of the countries we look at in this guide have universities which offer courses in English - even where English is not an official language of the country.

However, if you’re concerned about getting by day to day in a country where English isn’t the main language, there are also some other great options. Here are some top picks for places to study abroad as an English speaker.

The UK

The UK has lots of very prestigious universities, and offers courses to international students from around the world.

Support for international students is excellent - but be aware that the costs can be high for international students, with tuition fees that are uncapped and based on the institution and course.

Tuition costsVery varied - up to 40,000 USD or more
Cost of living21,000 USD/year
Pros
  • Huge number of universities and courses to choose from

  • Course fees vary so you can pick one in your budget

  • Excellent support for international students

Cons
  • Costs can be extremely high

  • Visas may take some time to arrange

Good forStudying at a world famous institution

Canada

Canada - as a close neighbor - offers lots of advantages in that you can study somewhere new while still being a short hop from home.

While English is spoken in most places, you’d also have the option of picking a French speaking region if you’re feeling a bit more adventurous.

Tuition costs20,000 USD - 45,000 USD
Cost of living18,000 USD/year
Pros
  • Lots of courses available

  • Choose a French speaking area if you want language immersion

  • Very easy to travel back to the US

Cons
  • Some course fees are very high

Good forStudy in a new place within easy reach of home

Australia

Australia is a pretty expensive study destination, but it does offer plenty of perks to make up for that - including a laid back lifestyle, amazing beaches and great weather.

Tuition costsUp to 45,000 USD
Cost of living17,000 USD/year
Pros
  • Good range of locations and courses

  • Amazing lifestyle benefits

  • Large international communities in all cities

Cons
  • Relatively costly tuition

  • Very long travel time

Good forWork life balance, with the option to learn in a unique place

Best places to study abroad in Europe

Thinking of taking time to study in Europe to perfect a new language and soak up the culture? Here are a few different countries you might want to consider:

Spain

International tuition fees in Spain can be extremely cheap in some courses and institutions, although top end courses are still on the higher side compared to other European destinations.

If you’re looking for ways to add Spanish language learning to your daily life, this could be a perfect match.

Tuition costsUp to 28,000 USD
Cost of living12,000 USD/year
Pros
  • Learn Spanish while you study

  • Friendly places with good student support

  • Great climate and cuisine

Cons
  • Very varied tuition costs

Good forPerfecting your Spanish while you complete your degree or exchange program

Sweden

Sweden has excellent universities in its vibrant cities, often with courses taught in English. Tuition fees do vary a lot, and can run up to about 40,000 USD - but are often far cheaper than this.

Tuition costsUp to 39,000 USD
Cost of living18,000 USD/year
Pros
  • Many courses taught in English

  • English is widely spoken - although you could also choose to learn Swedish

  • High quality universities

Cons
  • Living costs can be on the high side

Good forEnglish-medium courses across many different subjects

Italy

Learn Italian, eat amazing food, meet some fascinating people and get a degree at the same time. Italy is a popular destination for international students from all over the world, with many courses offered across high quality institutions.

Tuition costsUp to 7,500 USD
Cost of living10,000 USD/year
Pros
  • Low tuition fees

  • Good range of universities and courses available

  • Fascinating place to learn about culture and history

Cons
  • English may not be spoken everywhere you go

Good forReal immersion in Italian culture, while studying whatever course interests you

What are the most affordable study abroad destinations?

Studying abroad isn’t always a cheap option. However, by selecting a country with relatively low tuition fees and a reasonable cost of living, you can make it fit your budget. Let’s look at a few cheaper options which you may choose to consider.

Germany

While tuition fees in German universities do vary a lot, some courses have surprisingly low fees - which makes Germany a great place to check out if you want a lower overall cost for your overseas study.

Tuition costsUp to 35,000 USD
Cost of living14,000 USD
Pros
  • Some courses have very low tuition costs

  • Excellent standard of living

  • Great location to explore Europe

Cons
  • Variable tuition fees - not all universities have subsidized fees

Good forGreat quality education in a modern, dynamic country

India

Looking for a real adventure? India has some great universities, and as living costs on average aren’t all that high, you can keep down your overall spending if you need to.

Tuition costsUp to 5,500 USD
Cost of living4,600 USD
Pros
  • Can be a very cheap place to live

  • Exciting destination with lots of opportunity to explore

Cons
  • English may not be spoken as widely as you’d like

  • Expect some culture shock

Good forA real adventure in a fascinating country with low tuition fees and cost of living

Japan

It may be surprising to see Japan as a low cost study destination, but it’s feasible to keep your overall costs pretty low as a student which makes it worth considering.

There’s a huge range of courses available, and plenty of opportunities to learn Japanese.

Tuition costsUp to 16,000 USD
Cost of living10,000 USD
Pros
  • Learn Japanese as you study

  • Great infrastructure and safety

  • Completely different cultural experience

Cons
  • Courses can be very demanding

  • English isn’t universally spoken

Good forPick up some Japanese as you study in a completely different environment and culture

Common questions about studying abroad

Let’s round out this guide with a few other common questions, to help you plan your overseas study adventure.

Are scholarships available for study abroad programs?

Some universities offer scholarships or exchange programs which are subsidized - however, this isn’t all that common for international students.

A great place to look is on the US government study abroad web page7, which has a full listing of awards, scholarships and programs which apply in specific circumstances - and which may be a good option for your overseas study.

What are the advantages of studying abroad?

Studying abroad can give you a competitive advantage when you graduate, as you’ll have experienced a different culture, and in many cases learned a new language.

It's also a fantastic experience in itself - and depending on where you choose, may even be cheaper than staying in the US.

How can you prepare for studying abroad?

Prepare for overseas study by thoroughly researching the country you’re going to, through the university, online and by asking others.

You’ll also need to make sure you’ve made all required practical arrangements such as finding accommodation, getting a visa and insurance, although university international student offices can often guide you through this process.


Use this guide to start figuring out whether or not studying abroad is right for you, and remember to also check out Wise as a better way to spend when you’re overseas.


Sources:

  1. CIEE
  2. Educationdata.org
  3. Numbeo
  4. University of Oslo - international fees
  5. University of Buenos Aires
  6. US government - study abroad

Sources checked on 03.04.2024


*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.

Money without borders

Find out more

Tips, news and updates for your location