Manasvi Kotwal | August 13, 2025
Plan Smart: Cost of Sending Your Child Abroad
Estimate total costs: tuition, insurance, rent, travel, books, and living. Example: Harvard MBA can cost ₹1 crore per year.
Account for inflation and rupee depreciation—2–4% annually. Aim for 10–11% growth in your education fund.
Build a fund of at least ₹75 lakh to ₹1 crore using a mix of mutual funds, bonds, and equity.
Start early. Time helps reduce risk and increases returns—a few hundred rupees monthly can grow significantly.
Consult financial and study‑abroad experts. They guide investments, scholarships, loans, and accurate cost planning.
With clear planning, diversification, and expert support, you're ready to fund your child's global education journey confidently.