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What a weaker rupee means for Indian students abroad

Fees and living costs rise in rupee terms even when nothing changes overseas

Illustration

When the rupee weakens against the dollar, pound or euro, everything a student pays abroad costs more in rupees — even if the fee itself hasn't changed.

Families can soften the blow by paying fees in instalments, comparing remittance charges between banks, and keeping a buffer in the budget for currency swings.

Education loans taken in rupees are affected too, since disbursements are converted at the rate on the day of payment.

✓ Editorial check: proofread by Anil Verma · approved by Meera Saxena · our standards

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