Studying abroad at prestigious universities in countries like the US, UK, Canada, or Australia can cost Indian families upwards of ₹2 crore. This figure includes not only tuition fees, which range from $25,000 to $60,000 per year, but also additional expenses such as accommodation, food, and health insurance, which can increase total costs by 40-60%. Experts emphasize the importance of early financial planning, as education inflation is estimated at 8-12% annually, compounded by the depreciation of the Indian rupee. Parents are advised to start investing early through systematic investment plans (SIPs), which can help build a substantial corpus over time. A diversified SIP portfolio is recommended, focusing on equities initially, then gradually shifting to safer investments as the child approaches college age. While scholarships can alleviate some financial burden, they should not be relied upon entirely. Instead, families should prioritize savings and education loans, which are now commonly used to cover total educational expenses. Overall, proactive financial planning can significantly ease the burden of funding foreign education.