It is important to stay organized when planning for your finances abroad. Studying abroad demands effort and dedication. You need to analyze, along with your parents, what is your financial budget due to the extra costs of studying abroad. Costs to consider include airline tickets, health insurance, tuition, housing, visas, and traveling on breaks and weekends. There are many affordable options for study abroad. First, you need to understand the cost-benefit of each option you have, but there is a viable option for every budget.