
Top 5 affordable European countries for Indian Students: Complete 2025 guide
Dreaming of studying abroad without breaking the bank? Europe might be your answer. While the U.S. and U.K. come with sky-high tuition costs, several European countries are now emerging as budget-friendly study destinations for Indian students. From globally ranked universities and post-study work rights to merit-based scholarships and low living costs, Europe offers an unbeatable package.This guide discusses five affordable countries where Indian students can receive a quality education, gain international experience, and graduate without debt. All insights come from Karunn Kandoi, Founder and CEO of Vidysea.The Rs 1.08 lakh degree that's worth more than a Rs 1.6 crore American oneWhat if you could graduate debt-free from a top-ranked European university, work legally during your studies, and earn over Rs 40 lakhs annually after graduation? While U.S. degrees cost more than Rs 1.6 crore and U.K. education demands Rs 35+ lakhs a year, European countries offer world-class education for as little as Rs 1.08 lakhs per year.Germany and Poland attract over 15,000 Indian students each with zero tuition fees, but competition has intensified. Here are five emerging alternatives with easier admissions, lower costs, and equally promising prospects:Austria: Alpine excellence at unbeatable pricesCosts: Rs 67,500–Rs 1.4 lakhs per semester tuition, Rs 72,000–Rs 1.08 lakhs monthly living expensesWhy Choose Austria: Over 5,000 Indian students study at globally top-200-ranked universities such as the University of Vienna and Vienna University of Technology in fields like engineering, business, music, and applied sciences.Requirements: Show funds of Rs 5.9 lakhs annually (under 24) or Rs 10.8 lakhs (over 24)Benefits: Work 20 hours/week, six-month post-graduation permit, Ernst Mach Grant (Rs 1.03 lakhs/month), merit scholarships Rs 45,000–Rs 1.8 lakhs per semesterSpain: Mediterranean route to successCosts: Public universities Rs 1.35–Rs 5.4 lakhs annually, private Rs 4.5–Rs 18 lakhs, living Rs 63,000–Rs 1.08 lakhs/monthWhy Choose Spain: Home to world-class business schools like IE and ESADE. Graduates earn an average of Rs 24 lakhs annually with opportunities in Latin America and Spain's booming tech sector.Requirements: Student Visa with Rs 54,000/month capacity (Rs 6.5 lakhs/year)Benefits: Work 20 hours/week, 12-month post-study visa, minimum wage of Rs 97,000/month, scholarships covering tuition/living/travel, merit-based aid of Rs 90,000–Rs 2.7 lakhs/yearCzech Republic: Mediaeval charm meets modern innovationCosts: Rs 91,800–Rs 21.9 lakhs annually (program-dependent), living Rs 45,000–Rs 67,500/monthWhy Choose Czech: Excellent programs in medicine, engineering, and computer science at globally ranked universities like Charles University and the Czech Technical University.Requirements: Long-term visa for courses over 90 days (60–90 day processing)Benefits: Work 20 hours/week, 9-month post-study visa, tuition scholarships for Indians, Charles University scholarships up to Rs 4.5 lakhs/year, Erasmus+ stipend of Rs 63,000/monthHungary: Medicine and Engineering Costs: Rs 1.08–Rs 4.5 lakhs for most degrees, Rs 10.8–Rs 14.4 lakhs for medicine/dentistry, living Rs 45,000–Rs 63,000/monthWhy Choose Hungary: Over 2,000 Indian students choose Hungary for its internationally recognised medical degrees and 600+ English-taught programs.Requirements: National Visa (Type D), 15–30 day processingBenefits: Work 24 hours/week, 9-month job-seeking visa, minimum wage of Rs 58,500/month, Stipendium Hungaricum covers full tuition, Rs 9,900–Rs 40,500/month stipend, medical cover, and housingPortugal: Europe's sunny gatewayCosts: Rs 2.7–Rs 7.2 lakhs annually at public universities, saving Rs 54,000–Rs 81,000/monthWhy Choose Portugal: Known for its great weather and growing economy, Portugal offers access to European and Brazilian markets and quality education at institutions like the University of Lisbon and NOVA University Lisbon.Requirements: Temporary Stay Visa for studies over 90 days (30–60 day processing), show Rs 68,400/month capacity (Rs 8.2 lakhs/year)Benefits: Work 20 hours/week, up to a 12-month post-study visa, minimum wage of Rs 68,400/month, Erasmus Mundus covers tuition plus Rs 90,000–Rs 1.08 lakhs/month stipend, merit aid Rs 45,000–Rs 1.8 lakhs/yearCritical application deadlinesStaying on top of application deadlines is vital:Germany: July 15 for October intake; January 15 for April intakeSpain: June 30 for September intake (some offer rolling admissions)Czech Republic: April 30 for September; November 30 for FebruaryHungary: June 30 for September; November 30 for FebruaryPortugal: June 30 for September; December 31 for FebruaryYour European revolution starts nowWhile you're still researching and "planning to apply someday," thousands of Indian students are already living their European dream, studying at world-class institutions for the cost of a semester at an Indian private college.Maths is simple. The choice is yoursOption 1: Spend Rs 30 lakhs on a U.S. degree, take on massive debt, and spend the next 10 years paying it offOption 2: Invest Rs 5–8 lakhs for a European degree, graduate debt-free, and start earning over Rs 40 lakhs/yearOver 100,000 Indian students have already figured it out. The real question is no longer if you can afford to study in Europe— can you afford not to?
advertisement
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Economic Times
5 minutes ago
- Economic Times
I-Sec downgrades Ceat to Hold, target price at Rs 3,625
ICICI Securities has downgraded Ceat to Hold from Add with a target price of Rs 3625. The current market price of Ceat is Rs 3686.95. Ceat, incorporated in 1958, is a Mid Cap company with a market cap of Rs 14646.17 crore, operating in the Tyres sector. ADVERTISEMENT Ceat's key products/revenue segments include Automobile Tubes, Other Operating Revenue, Scrap, Others, Royalty Income for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 3425.14 crore, up 3.69% from last quarter Total Income of Rs 3303.33 crore and up 14.36% from last year same quarter Total Income of Rs 2994.92 crore. The company has reported net profit after tax of Rs 93.24 crore in the latest quarter. The company's top management includes Mr.H V Goenka, Vardhan Goenka, Banerjee, K Chowdhary, E Cohade, C Choksey, Chittilapilly, Khaitan, S Gupta, Sarwate, Nair, V Pandit, Kripalu, Mr.H V Goenka, Pardeshi, Vardhan Goenka, Banerjee, K Chowdhary, E Cohade, C Choksey, Chittilapilly, Khaitan, S Gupta, Sarwate, Nair, V Pandit, Kripalu, Pardeshi. Company has BSR & Co. LLP as its auditors. As on 31-03-2025, the company has a total of 4 crore shares outstanding. Investment Rationale ICICI Securities recently attended CEAT's Investor Day to understand its medium-term growth strategy. Over the next two years, CEAT aims to gain leadership position in the PV replacement segment (currently, no. 3 player with 16% market share); it is also targeting ~200bps of market share expansion in the TBR segment. CAMSO?s integration is underway. Near-term focus shall be on driving growth and synergies in the OHT business. While medium-term prospects remain strong (with respect to growth/margin), we remain watchful of US-tariff related uncertainties potentially impacting growth/margins in the near term while valuations remain rich, post the stock's recent run-up (~25% in last two months). The brokerage downgrades the stock to HOLD, from Add, with a target price of Rs 3,625 (unchanged) based on 16x FY27E EPS. Promoter/FII Holdings Promoters held 47.21 per cent stake in the company as of 31-Mar-2025, while FIIs owned 15.28 per cent, DIIs 21.51 per cent. (You can now subscribe to our ETMarkets WhatsApp channel) Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of Please consult your financial adviser before taking any position in the stock/s mentioned.


Time of India
15 minutes ago
- Time of India
NASA and the defence department rely on SpaceX in so many ways
In 2006, a small, little-known company named Space Exploration Technologies Corp. -- SpaceX , for short -- won a NASA contract to ferry cargo and supplies to the International Space Station. At that moment, SpaceX had not yet launched anything to orbit and would not succeed until two years later with its tiny Falcon 1 rocket. But since then, the Elon Musk-founded company has become the linchpin of all American civilian and military spaceflight. It started in 2010 with the launch of the first Falcon 9 rocket. By 2012 the launcher was sending cargo to the space station. NASA money helped finance the development of the Falcon 9, and SpaceX capitalized on the NASA seal of approval to entice companies to launch their satellites with SpaceX. It became the Southwest Airlines of the rocket industry, selling launches and hauling satellites into orbit at a lower price than most other rockets then available. Live Events That story repeated during the Obama administration when SpaceX won a contract to take astronauts to the space station, which it did for the first time in May 2020 during the first administration of President Donald Trump. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories "Today the ground breaking partnership between NASA and SpaceX has given our nation the gift of an unmatched power a state-of-the-art spaceship to put our astronauts into orbit at a fraction of the cost of the space shuttle," Trump said in a speech at Kennedy Space Centre in Florida on May 30, 2020, after that flight, shortly after giving an ovation to Musk. As SpaceX succeeded its competitors stumbled, and today Musk's company is the dominant player in the space industry. The federal government now relies heavily on SpaceX -- and Musk, who founded the company in 2002 on a quixotic quest to send people to Mars one day. In the short term, the government has few other options for getting people and payloads to orbit and beyond. SpaceX is NASA's only reliable ride to the ISS right now. SpaceX Crew Dragon capsules carry astronauts and cargo to the International Space Station for NASA. If SpaceX were to decommission them, as Elon Musk initially threatened Thursday, the future of the beleaguered and aging space station would be in further doubt. Musk appeared to walk back that threat later in the day. But if he followed through with it, it seems almost certain that SpaceX would at least bring back to the Earth the Crew Dragon currently docked at the space station, as well as the four astronauts relying on it for the trip home. But it would have no way to send up the next set of astronauts. NASA has few ready alternatives to get to the ISS. NASA hired other companies to provide those services so that if something went wrong, it would have an alternative. However, Boeing, the other company NASA hired to take astronauts to orbit, has yet to complete fixes for its Starliner capsule after a test mission left two NASA astronauts, Suni Williams and Butch Wilmore, in orbit for nine months before they finally returned to Earth in a SpaceX Crew Dragon. Boeing and NASA have not yet announced when the next Starliner will launch, but that is not expected before next year. The aerospace company Northrop Grumman also has a contract to take cargo to the space station with its Cygnus spacecraft, but the most recent Cygnus had to be scrapped after it was damaged during shipment to Florida for launch. NASA has hired a third company, Sierra Space of Louisville, Colorado, for cargo deliveries. But the company's Dream Chaser space plane has yet to make its first flight. NASA would have to adjust its space station plans. In the short term, the crew of the space station could be reduced to three -- the number of astronauts that can fit into a Russian Soyuz capsule. NASA could conceivably resume buying Soyuz seats from Russia, as it did between the retirement of the space shuttles and the beginning of Crew Dragon flights. NASA has also hired SpaceX to build the spacecraft that is to push the space station back into the atmosphere so that it can safely burn up over the Pacific Ocean after it is retired in 2030. Boots on the moon would likely have to wait. Without SpaceX, the current plan to land NASA astronauts on the moon in a few years also falls apart. SpaceX has a contract to build a version of the new giant Starship rocket that is to take two NASA astronauts to the surface of the moon during the third mission in the Artemis program . Blue Origin, the rocket company started by Jeff Bezos, also has a NASA contract for a lunar astronaut lander, but that is planned for years later, during the Artemis V mission. "NASA will continue to execute upon the President's vision for the future of space," Bethany Stevens, NASA's press secretary, wrote on X late Thursday afternoon. "We will continue to work with our industry partners to ensure the President's objectives in space are met." Security satellites and space explorers would be stranded. Canceling all of SpaceX's contracts, as Trump threatened, could leave many federal government payloads stranded on the ground. SpaceX has won contracts to launch NASA science missions like Dragonfly, a nuclear-powered drone that is to fly around Saturn's moon Titan. It also routinely launches classified U.S. military and intelligence satellites orbiting Earth. The Department of Defense has also hired SpaceX to build a more secure version of its Starlink internet satellites for military communications. There are emerging competitors to SpaceX's Falcon 9 and Falcon Heavy rockets for these government payloads. The Vulcan rocket from United Launch Alliance launched for the first time last year, and the New Glenn rocket from Blue Origin launched for the first time earlier this year. But they lack the long success record of the SpaceX launchers, and they are more expensive.


Time of India
16 minutes ago
- Time of India
Top stocks to buy or sell today: Stock recommendation for June 6
J P Morgan has an overweight rating on Reliance Industries with a price target of Rs 1,568. Analysts feel that RIL's Earnings in the next two years should be better than the last two. They said that RIL's stock price has felt the pressure of large earnings cuts driven by weaker commodity EBIT (earnings before interest and taxes). This should not recur (given the already low margins). Consumer business growth should translate better to bottom-line, helping relative performance. Motilal Oswal Financial services has downgraded Bharti Hexacom to neutral with the target price at Rs 1,900 as analysts feel the risk-reward for the stock is no longer attractive. They said that since they started their coverage of the stock in Mar ch 2-25, the stock has delivered 40%+ returns. Given that Bharti Hexacom provides a pure-play exposure to Bharti's fast-growing India wireless and homes business with slightly higher growth prospects, better RoCE (return on capital employed) and lower capital misallocation concerns, they had argued for a slight premium to its parent, Bharti Airtel. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Amazon CFD : La clave para un ingreso extra (Conoce más) Empezar ahora Registrarse Undo However, analysts now believe a premium of about 40% is steep and risk-reward is no longer attractive. Morgan Stanley has an overweight rating on Vishal Megamart with a price target of Rs 161. Analysts said that the management believes the company can continue the current pace of store expansion in the medium term. The company has come a long way from close to bankruptcy to emerging as a successful aspirational (value) retailer. Incred Equities has maintained its add rating on TCS but with a reduced target price of Rs 3,589 from Rs 3,925 earlier. Analysts said that TCS shows better operating cash flow, dividend payout ratio certainty, and healthy return ratios, all of which support valuation while a slower recovery in North America and the FSI vertical, weak bookings, and higher project cancellations are downside risks. Elara Securities India has an accumulate rating on KEC International with the target price at Rs 1,020. Analysts said their rating is based on a robust order pipeline from domestic as well as international markets, scope for margin improvement, reduction of debt, potential for value unlocking through demerger of the cables business, and recovery of stuck cash from both civil and rail projects. With robust momentum in power T&D, real estate and infra, KEC Intl remains a preferred player in the EPC space with a prominent international presence to further boost visibility, they said. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now