Aakarsh Dalmia, CFP® professional · aakarshdalmia.com
AMFI-registered Mutual Fund Distributor · ARN-169845 · APMI-registered PMS Distributor · APRN-06803
Tool
What will studying abroad actually cost?
Fees abroad rise in their own currency. The rupee tends to fall against that currency. You pay for both, and almost every estimate people arrive with has counted only the first.
This separates the two, so you can see how much of the bill is education getting more expensive and how much is simply the rupee buying less.
Total cost, in rupees
₹0
- Total in local currency
- 0
- Exchange rate by then
- 0
- Same bill at today’s rate
- ₹0
- Added by the rupee alone
- ₹0
Funding it
- Needed when it starts
- ₹0
- Your savings will grow to
- ₹0
- Monthly saving required
- ₹0
What this is. An arithmetic illustration based entirely on the assumptions you type in. The inflation and depreciation rates are your assumptions, not forecasts, and nobody can tell you what a currency will do over ten years. Change them and the answer changes, which is rather the point of using it.
What this is not. It is not investment advice, not a recommendation, and not a projection of returns or of exchange rates. It takes no account of your particular circumstances. Nothing is calculated on a server, and nothing you type here is stored or sent anywhere.
Reference exchange rates are European Central Bank rates for 11 September 2026, loaded only as a starting point. Check the current rate before relying on the number.
Two things compound, not one
A course that costs sixty-five thousand dollars a year today does not cost sixty-five thousand dollars a year when your child actually goes. Fees abroad rise in their own currency, typically faster than general inflation, because education does that everywhere. That is the first compounding.
The second is the exchange rate. If the rupee weakens against the currency you have to pay in, every one of those dollars costs you more rupees than it does today, and the two effects multiply rather than add. Five per cent local inflation alongside three per cent depreciation is not eight per cent. It is a little over eight, every year, for as many years as you have.
Set the depreciation field to zero and watch the total drop. The difference is the part of the bill that has nothing to do with education at all.
What follows from that
A goal denominated in a foreign currency carries a risk that rupee assets do not remove. The general principle is that the currency of the money should eventually resemble the currency of the goal, and the closer the date comes, the more that matters. How much, in what form, and how it is taxed are questions with real answers that depend on your situation, and are worth working through properly rather than adopting from a web page.
The other lever is time. Ten years of monthly investing towards a known, distant, large number is an ordinary problem. Three years is a hard one. The families who find this comfortable are almost always the ones who started when the child was small and the figure looked absurd.
A number is a starting point, not a plan.
This tells you roughly where you stand. What it cannot tell you is what to do about it, which depends on your income, your dependants, what you already hold, and how you behave when markets fall. That part is a conversation.