Union Budget 2025-26: Anticipation grows for study-abroad relief measures

As Finance Minister Nirmala Sitharaman gears up to present the Union Budget 2025-26 on February 1, there is growing anticipation among students seeking higher education abroad for measures to address the soaring costs of international education. The challenges posed by global inflation and rising tuition fees have made it increasingly difficult for many Indian students to fulfill their aspirations of studying overseas.

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Key expectations from the budget include lowering interest rates on education loans and expanding financial aid programs to make studying abroad more accessible. These initiatives aim to alleviate the financial strain on students and their families while promoting greater participation in international education.

Another focus area is fostering partnerships between Indian and foreign universities and streamlining processes for international institutions to establish campuses in India. Such measures could provide affordable, high-quality education options domestically, offering global exposure without the burden of overseas costs.

Experts believe these reforms would not only empower students with global skills but also enhance India's standing in the international education sector. With the budget announcement just days away, students, educators, and stakeholders are hopeful for transformative measures that will pave the way for more inclusive and accessible global education pathways.

The education sector eagerly awaits Sitharaman’s proposals to address these pressing challenges.