Investing six years in an MBBS course comes with its own set of financial obligations that put a stop to the dreams of many medical aspirants in India. However, Georgia offers a lucrative opportunity to study MBBS at very affordable rates. Despite this, the uncertainty of living expenses and fees can make the decision daunting for students and their parents.
However, with careful planning and complete knowledge of the financial requirements, you can pursue your MBBS degree without any hassle. Let us understand the total budget you need to pursue your MBBS in Georgia and how you can curb the financial requirements through scholarships and financial planning.
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Visa Filing Fee
To pursue an MBBS degree in Georgia, you need to apply for a D3 Visa. It is advisable to apply for this visa at least 1-2 months before your intended travel date. The fee for this visa is approximately ₹ 1,700-1750.
- The study visa approval process for Georgia is relatively straightforward. You can get your approved visa within 5 days to 2 weeks.
- Find yourself an education consultant who can assist you not only with your study visa application but also in securing your seat at some of Georgia’s best medical universities, which are recognised by NMC, WHO and WFME.
University Fee of MBBS Degree in Georgia
Here is a breakdown of the total fee that you need to pay to successfully complete your MBBS in Georgia. This fee does not include hostel and transportation charges, so you need to account for those separately.
1. Annual Fee
The total cost of completing an MBBS degree in Georgia ranges from ₹ 24 Lakhs to ₹ 26 Lakhs, with an approximate fee of ₹ 2,00,000 per semester.
2. One Time Charges
In addition to tuition fees, there are several one-time charges that students should be aware of:
- University Offer Letter/University Admission Fee: ₹ 1,90,000 – 2,00,000
- 1st Year TR Card: ₹ 21,500 – 23,000
- University Administrative Charges: ₹ 45,000 – 50,000
These one-time charges can vary from university to university and may also depend on the education consultant you choose.
Scholarships
Now, let us discuss the concessions that you get in your MBBS fee through scholarships. Many universities in Georgia offer scholarships to Indian students pursuing MBBS. Notably, BAU International University comes to the top when it comes to scholarships for foreign MBBS students.
Scholarship Criteria At BAU International University
At BAU International University, students can earn funding after enrollment based on their academic performance.
- Specifically, if a student achieves a GPA of 91 or higher at the end of the semester, they become eligible for a 50% reduction in tuition fees for the next semester.
- Other universities also provide similar scholarships, further reducing the financial burden on students aiming to become doctors.
Hostel & Canteen Fee
Adapting to a new environment can be challenging, especially regarding food and lifestyle. To ease this transition, all major medical universities in Georgia offer hostel facilities for foreign students. Many institutions provide regional food options so that students do not feel homesick.
The hostel fee typically ranges from USD 2,750 to USD 3,000 per annum, which includes amenities such as:
- Canteen services that offer breakfast, lunch and dinner
- Multi-bedded rooms for comfort
- Heating and cooling systems for all seasons
- Laundry facilities for sanitation
- Vegetarian and non-vegetarian food options.
Financial Planning Tips To Finance Your Dreams
To ensure you have sufficient funds to sustain your studies over six years while studying MBBS abroad, let us discuss some financial planning tips that can help you save those much-needed pennies in Georgia.
1. Create A Detailed Budget
Outline all potential expenses, including tuition fees, living costs, hostel fees, transport costs and miscellaneous expenses. It’s better to divide the total expenses semester-wise to keep a check on your funds and expenses. This will help you understand the total amount needed.
2. Explore Scholarship Opportunities
Research various scholarships offered by universities and external organisations that can significantly reduce your tuition costs. You can check the university’s official portal or the Georgia government’s official site to get a hint of which scholarships can be availed.
3. Consider Education Loans
Look into education loans provided by banks or financial institutions that offer favourable terms for studying abroad. Get financial assistance from an expert as to which lender to get the loan from and at what terms so that you can easily repay it.
4. Part-Time Work Options
Look for part-time job opportunities available for international students in Georgia that can help cover living expenses without affecting your studies. This will also give you a break from your monotonous studies.
5. Plan Early
Start saving early and set aside funds specifically for your education abroad. This will lessen the financial burden when it comes to paying tuition and other expenses.
Conclusion
Studying MBBS in Georgia is significantly more affordable than in many other countries, and it is even less than half the cost of pursuing similar degrees in India. The investment made today can lead to a rewarding future as a medical professional. Georgia is rapidly becoming a popular destination for aspiring Indian medical students due to its NMC and MCI-recognised universities offering quality education at competitive prices.
By planning finances carefully and exploring various funding options such as scholarships and loans, students can realise their dreams of becoming doctors without overwhelming financial stress. With proper preparation and international education guidance from experts like HSA Visa World, you can embark on your journey confidently and successfully.
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