Financial Guidance

Financial Guidance for Studying Abroad

Plan Smart. Study Confidently.

One of the most crucial aspects of planning to study abroad is financial planning. Understanding the true cost of international education and making provisions for tuition fees, living expenses, travel, and emergency funds is essential for a stress-free academic experience.

At Maven Point, we provide expert financial guidance to help students and their families make informed decisions. Our goal is to ensure that finances never become a roadblock in achieving your global education dreams.

Why Financial Planning Matters

Studying abroad is a valuable investment in your future. However, without proper planning, it can become financially overwhelming. Costs vary significantly depending on the country, course, and lifestyle, and many students are unaware of hidden expenses like visa fees, insurance, and accommodation deposits.

Our financial guidance services are designed to help you:

• Estimate total costs accurately

• Explore funding options

• Plan budgets for the entire duration of study

• Make informed financial commitments

Our Comprehensive Financial Guidance Includes:

1. Cost Estimation

We help you calculate the overall cost of studying in your preferred country—tuition, living expenses, insurance, travel, and more.

We provide:

• University-wise tuition breakdown

• City-wise living cost estimates

• One-time expenses like visa, tickets, and accommodation deposits

• Currency exchange trends

2. Budget Planning

Creating a realistic monthly and yearly budget is essential to manage your funds efficiently while living abroad.

We help you:

• Draft a personal budget plan

• Understand fixed vs variable expenses

• Identify cost-saving tips (transport, food, utilities)

• Plan for emergencies

3. Scholarship Assistance

Many students miss out on scholarships due to lack of awareness. We ensure you apply for every opportunity you’re eligible for.

We support you with:

• Information on merit-based, need-based, and university-specific scholarships

• Guidance on application process and deadlines

• SOP writing for scholarship essays

• Documentation and eligibility clarification

4. Education Loan Guidance

For students seeking loans, we connect you with leading financial institutions and guide you through the process.

Our assistance includes:

• Evaluating loan eligibility

• Helping you choose the right lender (public/private)

• Documentation support

• Collateral vs non-collateral loan comparison

• Follow-up until disbursement

5. Forex & Payment Support

We help you handle international payments and currency exchange to minimize transfer costs.

includes:

• Information on remittance options

• Advice on opening foreign bank accounts

• Currency conversion tracking

• Guidance on prepaid travel/forex cards

6. Part-Time Work Advice

To supplement your finances, part-time jobs are a popular option. We provide practical guidance on working while studying.

We advise on:

• Work rights based on student visa

• Hour limits and rules by country

• Popular job roles for students

• Managing studies and part-time work