The school year is done but September is just around the corner. Your child’s education is one of the most important parts of their lives and every parent wants their children get the best education possible. More and more students are choosing to study abroad to give them the best chance to succeed. However, this can be overwhelming for you as a parent when trying to work out how much it will all cost. The following tips will help you and your child avoid unexpected financial burdens during their time studying abroad.
Ensure that you have all the relevant visas for the country your child will be studying in and also visas for any countries they may need to visit.
Make sure they have insurance that will cover any medical emergencies that might occur while they are abroad.
Look at all the college options available and decide which best suits the requirements and falls within the available budget.
Set a budget and ensure that all bills are covered each month.
Find out what resources they will need to acquire in the new country before they leave which will allow you to budget for additional costs
Sign up for a ScotiaLine account and access your credit whenever you need to!
