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Average Annual Tuition Fee In Armenian Universities Is Over $852, Hs

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  • Average Annual Tuition Fee In Armenian Universities Is Over $852, Hs

    AVERAGE ANNUAL TUITION FEE IN ARMENIAN UNIVERSITIES IS OVER $852, HSBC GROUP RESEARCH SHOWS

    YEREVAN, August 14. / ARKA /. The average annual tuition fees in
    Armenian universities is $852, while the annual living expenses of
    an international student in Armenia amount to $3,400, according to
    an HSBC Group "Studying Abroad Research."

    According to the study, conducted in Armenia and 13 other countries,
    the most expensive country for foreign students is Australia, where
    the average annual tuition fee is $25,375, while living costs amount
    to $13,140. Thus, the combined average annual cost of studying and
    living in Australia is $38.516.

    The United States is the world's second most expensive country for
    international students, according to the research HSBC Group. The
    combined average annual cost of university fees and living expenses
    in the U.S. is over US$35,000. The USA is followed by the UK, where
    the combined cost is $30,025.

    They are followed by UAE ($27,375), Canada ($ 26.011), Singapore ($
    24.248), Hong Kong ($22.443), Japan ($ 19,164), Russia ($ 9, 441),
    China ($ 8,766), Taiwan ($ 8,257), Spain ($ 7,006).

    The cheapest country for international students is Germany, where
    the annual tuition fee is $635. , and the combined average annual
    cost of university fees and living expenses make $ 6,285.

    "Education planning is a predictable process, as the need for education
    is clearly demarcated in accordance with age. The combined annual costs
    vary depending on the country chosen for getting higher education,"
    HSBC Bank Armenia press officer Mariam Adamyan said today.

    According to her, while planning education abroad one should take into
    account not only the tuition fees and the cost of living, but also the
    fluctuation in exchange rates, inflation, as well as travel expenses
    for traveling home for holidays. Today, the number of international
    students in the world is 4.5 million.

    The HSBC Group's research was compiled from data in 13 countries around
    the world. Fees represent the average tuition cost for international
    students based on the top 10 largest institutions in each relevant
    country.

    According to the Armenian Ministry of Education, there are now 500
    foreign students in Armenia, 400 of them are foreign citizens of
    Armenian origin. Armenia currently has 16 state-owned and 35 private
    universities, as well as several universities set up with foreign
    countries - the Russian-Armenian (Slavic) University, the American
    University of Armenia and the French University in Armenia.

    HSBC Holdings plc is one of the largest financial conglomerates in
    the world with headquarters in London. HSBC operates in 6,600 offices
    in 80 countries across Europe, Asia-Pacific, North and South America,
    the Middle East and Africa. Its total assets as of 30 June 2013 stood
    at $ 2. 6 trillion.

    HSBC Bank Armenia is a member of the HSBC Group. Seventy percent of
    HSBC Bank Armenia is owned by HSBC Europe BV and the rest by Wings
    Establishment. -0-

    - See more at:
    http://arka.am/en/news/society/average_annual_tuition_fee_in_armenian_universitie s_is_over_852_hsbc_group_research_shows/#sthash.2hUyOhzR.dpuf

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