Tuition, living costs, scholarships, intake periods and post-study work visa rules — plus what RBI's LRS and TCS rules mean for your remittances.
| Country | Top Universities | Tuition/yr | Living Cost/yr | Intake | Part-time Work | Post-Study Visa |
|---|
Passport (6+ months validity), visa, SOP, LOR, admission offer letter.
Education loan sanction letter, proof of funds, LRS remittance plan.
Health/travel insurance — often mandatory for visa approval.
On-campus housing application or off-campus lease confirmation.
Tax Collected at Source (TCS) applies when you remit money abroad under RBI's LRS. The rate differs depending on whether the remittance is for education funded by an education loan from a specified financial institution (lower/nil rate up to a threshold) versus self-funded education or living expenses (a higher rate applies beyond the threshold).
TCS rates and thresholds are revised by the government periodically — always confirm the current applicable rate with your remitting bank before sending funds.
Under the Liberalised Remittance Scheme, resident individuals can remit up to USD 250,000 per financial year for permitted purposes including tuition fees and living expenses for overseas education.
Required documentation typically includes Form A2, the university's fee invoice or admission letter, and a declaration of the remittance purpose. Your bank's authorised dealer will guide you through the exact paperwork.