Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

AMFI · ARN-356973

PSS VenturesWealth · North East
study abroad cost

Undergrad abroadChild Education Calculator

An undergraduate degree abroad (US, UK, Canada, Australia) costs USD 60K-300K total including living expenses. In INR today (at ~₹85/USD), that's ₹50 lakh to ₹2.5 crore. With 8% education inflation plus 3-4% INR depreciation, the future cost can be 2-3× the current cost. A ₹70K-1.5 L/month SIP is typical.

1 years25 years
₹2,00,000₹2,00,00,000

Full 4-year degree or programme

5%12%

Education runs 8–10% — higher than CPI

6%15%
Cost today
₹75.00 L
Cost in year 15
₹2.38 Cr
Monthly SIP needed
₹47.2 K
INSIGHTAt 8% education inflation, a ₹75.00 L programme today will cost ₹2.38 Cr in 15 years. A ₹47.2 K/mo SIP at 12% gets you there. A one-time ₹43.47 L invested today is the alternative.
Education inflation historically outpaces headline CPI. Building a 10–15% buffer over the projected cost is prudent — exchange-rate moves can swing abroad-degree costs sharply.

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Matching…

Shortlisted by category, horizon and cost — not a recommendation of the “best” fund. Read scheme documents before investing. Mutual fund investments are subject to market risks.

Cost ranges by country and tier

US: USD 50-80K/year all-in at private universities, USD 30-50K/year at state schools — total 4-year cost USD 120-300K. UK: GBP 25-40K/year — total 3-year cost GBP 75-120K. Canada and Australia: CAD/AUD 35-50K/year — total 4-year cost USD 100-200K equivalent. Singapore: USD 20-40K/year.

All these include living, accommodation, books, and basic travel. They exclude application costs, multiple campus visits, and any preparatory coaching.

Exchange-rate exposure compounds the inflation problem

INR has depreciated against USD at roughly 3-4% per year over the last decade. Combined with 5-7% USD education inflation, the effective INR-terms cost grows at 8-11% per year — at the upper end of any 'safe' inflation assumption.

For abroad planning, use the upper-end inflation rate (10%) and over-provision by 15-20%. Consider holding a portion of the corpus in a USD-denominated instrument in the final 2-3 years to hedge exchange-rate risk if the amount is large.

Scholarship and aid — plan for the no-aid case

Scholarships and need-based aid can materially reduce the cost — but they're uncertain, especially for international undergraduates. Always plan for the no-aid case; any scholarship that materialises is upside.

Education loans are common but expensive (8-12% interest in India). The whole point of an early-start SIP is to reduce loan dependency. Request a callback for a study-abroad plan including the SIP, the FX hedge, and a backup loan structure.

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Education inflation runs ahead of headline CPI. Set today's fees, India or abroad, to see the bill you will really face — and the monthly SIP that meets it.

Read the full child education calculator guide

FAQ

How much will an IIT/NIT engineering degree cost in 2040?
At ~9% education inflation, a degree that costs Rs 12 lakh today will cost roughly Rs 44 lakh in 15 years — and private engineering colleges typically run 2–3x that. Plan for the higher band.

How matching works

  1. Enter years to college start. Count from today to the year college begins. Add 1 year buffer for entrance prep and gap.
  2. Estimate today's full course cost. Use the high end of what you'd accept. Easier to over-save than to scramble.
  3. Set an education inflation rate. 9% for India, 8% for abroad (the FX drag is captured separately if you're planning USD).
  4. Pick a return assumption. 12% for a >10 year horizon. Reduce to 10% for shorter horizons that need an early glide path.
  5. Get a goal-mapped plan. Request a callback; we'll set up the SIP and a calendar glide path so you derisk in time.