Studying abroad is an exciting opportunity that can change your life. However, it can also come with a hefty price tag. From tuition fees to living expenses, studying overseas can add up quickly. That's why proper financial planning is crucial for students looking to embark on this journey.

In this article, we'll guide you through essential tips for saving money and managing your finances before (and during) your study abroad experience.

Patrick Swain is a graduate student at the University of Pittsburgh studying quantitative economics. While pursuing a minor in Hispanic language and culture, he studied abroad at the Universidad de Sevilla in Spain during the spring of 2023. Here is his story... 

Castelo de São Jorge, Lisbon, Portugal

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While many would prefer building a career after finishing college, the option of undergoing continuing education in a foreign land is within your reach. For one, applying for a Masters program in another country helps you unlock numerous opportunities for personal and professional development. Studying abroad also widens your intellectual and cultural horizons by exposing you to a diverse range of perspectives. 

Studying abroad can be an inspirational, transformational, and incredible experience. It’s a chance to tap into resources and classes you may not be able to find close to home, experiment with your independence, and even learn from new cultures and people. However, if you choose to study away from the comfort of your hometown, there’s a good chance you’ll have extra expenses to consider too.