In 2021 many students who go abroad face this problem at first. The loneliness, struggle to keep up with the pace of the culture and a lot more. Nowadays if you land in a western country you may need to self-quarantine yourself for a few days and you may need to take a vaccine again,
Planning to go abroad? This is how you can get a good experience at your Foreign University campus
In 2021 many students who go abroad face this problem at first. The loneliness, struggle to keep up with the pace of the culture and a lot more. Nowadays if you land in a western country you may need to self-quarantine yourself for a few days and you may need to take a vaccine again, approved by the WHO ( World Health Organization ). Apart from the booster shots there can be other expenses that can cost you more than you may have thought.
Always carry your own vaccination certificate and beware of the quarantine rules and regulations
Every country is different and the rules and the regulations are different as well. Some countries have relaxed rules for their citizens and others are very strict due to the fact that they have faced multiple outbreaks of the virus. As an international student you should always make sure that you are carrying your own vaccination certificate. If you are going to a foreign country where covishield is not approved then you may have to spend money from your own pocket to take other options.
One thing to notice here is that more people are getting vaccinated in countries and they are also relaxing their rules. As of now due to high vaccination rates in Canada has led to no quarantine requirements. International students from India have the advantage of being vaccinated by the Covishield as well. Covishield is accepted in Canada as the preferred vaccine. If you are an international student and not taken the vaccination then in Canada you need to get vaccinated and self quarantine yourself.
You should buy your forex in the India
Like everyone, most of the small expenses in the foreign country will be in cash. These small expenses are hard to control and one should not over do it. So while you are travelling approximately 40% of your currency should be in cash. Rest of the money should be in your forex card. In this time of pandemic nobody knows what percentage of money should be in your forex card, you should have a rough calculation of your spending to back yourself up. Sudarshan Motwani, CEO and co-founder of BookMyForex.com says, “Before flying abroad, buy foreign currency in India instead of exchanging currency abroad from banks or airports, since the conversion charges are high.”
Avoid using unwanted products and credit cards
As an international student it is tough to maintain the expenses as a large portion of them may come as a surprise. Debit and credit cards are something that will become costly as you move abroad. Banks charge almost 4 -3.35 % more for each transaction.
Purchase a forex card
Forex cards are a blessing in disguise for Indian international students. These cards have no conversion charges. In case of forex cards the currencies are converted before you leave to study abroad for study. These forex cards are prepaid. You can top it with money whenever you want.
Take adequate student insurance plan after research
Universities in foreign countries have made it compulsory for international students to get an insurance policy during this pandemic. You always have the choice to buy it from an Indian firm where it can be a bit cheaper, compared to other foreign companies.
Open a student bank account
Once you settle down, opening a bank account should be your top priority. A student bank account abroad is the safest and most effective way of managing your money, especially when the duration of the course is a year or more. These bank accounts are useful to pay fees to the university every semester and make a deposit from a part-time job on the campus. Because of neo banks, fintech firms in India now allow you to open a US bank account before travelling and you can use it once you get there. Not every country provides such services.