India, July 4 -- It's no surprise that sending your child tostudy abroad can be a significant milestone as a parent, that also requires preparation. And for students, it's a great opportunity for their career and personal growth. However, as a parent, it's important to be financially ready for covering costs from tuition payments to emergency support. In this guide, we cover how as a parent you can be financially ready for this transition.

Sending your child for foreign education doesn't just include the tuition cost, it is also about them settling there for a few years. The costs to live for students abroad can include but is not limited to:

The costs of these can vary depending on destination, lifestyle, and duration. Begin by estimat...