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4 Tips About Living in a Foreign Country Every Global Student Will Give You!

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Going to study abroad is an aspiration most Indian students carry deep within their hearts. Thanks to my years of efforts and the blessings of my loved ones, I got an opportunity to do exactly that. I will be candid here – every single minute that built up to my flight was full of anxiety. I had to make a ton of plans and literally shift my life to another corner of the world. Nothing anyone could’ve said or done would have calmed me down.

If you are planning for an ambitious career and study in Foreign University, you too will go through this anxiety. This is the guide for you. This is essentially everything that any global student will advise you:

Tips About Living in a Foreign Country

Lock-down on the funding

This should be the starting pointing, or you would be setting yourself up for heartbreak. Getting an admission letter and not receiving the desired funding, is a position no one wants to be into. Hence, look for every possible scenario – parents, friends & family, bank loans, scholarships, savings or even asset sales, if you are sure about them.

The funding should technically sit well with the eligibility criteria to receive a student visa. At the same time, it should be apt enough to help you sustain life for as long as possible. Yes, you’re hardworking. Yes, you’ll figure out things. But since you are about to turn your life around, why not do it with some preparation!

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Understand the difference between a floating and a fixed interest rate.

If you belong to a middle-class family in India, the stakes are a bit higher for you. Student debt from Indian banks or innovative funding companies like Prodigy Finance or MPOWER Finance will help you finance your studies. What you have to do, is understand the difference between a floating rate and a fixed rate. A fixed-rate, as the name suggests, is a fixed percentage of interest you would be liable to pay. At the same time, the floating rate is usually dependent as a multiple of some floating-rate offered by systems such as LIBOR. These systems fluctuate and expose you to global economic risks, which might just be too complicated to comprehend. Hence, if you can, go for fixed interest rate loans.

Get in touch with any relatives, friends or anyone else you might know, in the foreign country.

Most of the anxiety that you face initially, would be because your brain will tell you that you are a new person in this system and that you know no one. That feeling may make you more anxious than you have to be. One easy way to get around this is by keeping the contact information of the Indian embassy in the country handy all the time. That said, you can’t do everything with this information. For instance – you can’t ask, what is the best restaurant in your neighbourhood? Hence, if you happen to know someone close to your family or friends who lives in a foreign country you are travelling to, get in touch with them before you have left India.

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Learn how to cook.

It doesn’t matter whether you are a guy or a girl – learn how to cook. Moreover, learn how to sustain your life and hence undergo every possible activity that helps in sustaining life – cleaning up your room, cleaning your

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