N R I G R A D / MONEY

Study-Abroad Money Pack

A practical worksheet set for Indian students turning an offer into a funded, documentable plan. Map the first 90 days, compare loan terms, and keep scholarship and visa evidence in one place.

Free resourceReviewed 2026-08-18Print-ready

Print this page after submitting your email, or use your browser’s “Save as PDF”. Blank fields are intentional: use confirmed figures, label estimates, and keep the source beside every important number.

01 / CASH FLOW

First 90-day worksheet

List the cash you need before and just after arrival. Convert currencies only when you know the rate or buffer you are using; do not hide one-off deposits inside a monthly average.

Item / deadlineCurrency + amountConfirmed or estimate?Funding source / backup

Tuition or payment plan
Due: ____________________________ / __________□ Confirmed □ Estimate________________________

Housing deposit + first rent
Due: ____________________________ / __________□ Confirmed □ Estimate________________________

Visa, insurance and travel
Due: ____________________________ / __________□ Confirmed □ Estimate________________________

First 30 days of living costs
Due: ____________________________ / __________□ Confirmed □ Estimate________________________

Emergency buffer
Due: ____________________________ / __________□ Confirmed □ Estimate________________________

Decision gate: If a payment is due before a loan or scholarship is disbursed, record the documented bridge funding separately.

02 / BORROWING

Education-loan comparison

Compare the total obligation, not just the advertised interest rate. Ask for the lender’s current Key Facts Statement and keep the version date with your notes.

Lender / productRate type + feesMargin / collateralMoratorium + repaymentDisbursement timing

Option A
Source/date: __________________________________________________________________________

Option B
Source/date: __________________________________________________________________________

Option C
Source/date: __________________________________________________________________________

Record whether interest accrues during study and the moratorium.
Ask which costs are excluded: deposits, forex, insurance, travel or living costs.
Write down the next action and owner: student, parent, lender or university.

03 / EVIDENCE

Scholarship evidence checklist

Keep the award exactly as issued. A marketing page is not proof of an award, and a conditional award should not be counted as available cash until its conditions are met.

Official award letter and sponsor identity Amount, currency and covered costs Conditions and renewal rules Payment date and recipient Tuition versus living-cost allocation Contact for verification

Ask the relevant immigration authority whether the letter must identify the period, covered costs and sponsor, and whether a separate balance is still required.

04 / VISA FUNDS

Evidence chain

Rules vary by destination and route. Use this table to connect the official requirement to the document you will actually submit.

Requirement / destinationOfficial amount + periodPermitted evidenceYour document + status

Destination / visa route________________________________□ Ready □ Check □ Missing

Tuition or fees________________________________□ Ready □ Check □ Missing

Living-cost requirement________________________________□ Ready □ Check □ Missing

Loan or scholarship evidence________________________________□ Ready □ Check □ Missing

Keep a shortfall plan: subtract only confirmed funding from the budget. Hold a separate gap for deposits, currency movement, excluded costs and renewal risk.

NEXT STEPS

Turn the worksheet into a decision

Circle the earliest payment date. Build the plan around the deadline that can stop your journey.
Verify the primary rule. Confirm visa evidence, loan terms and scholarship conditions with the responsible authority or provider.
Choose the next document. Save the offer, KFS, award letter or official requirement beside the number it supports.

Continue with the NRIGrad Money desk, the study-abroad budget guide, and destination-specific planning notes.

Primary sources

GOV.UK: Financial evidence for Student visa applicants Ireland Immigration: Information on student finances RBI: Key Facts Statement for loans

Educational information, not financial or immigration advice.

Requirements and provider terms change. Confirm material decisions with the responsible government, university, lender or insurer.