People who wish to study abroad have to consider more than just tuition fees, as living expenses often account for the bigger part of the budget: accommodation, visa, health insurance, food, etc. This month, HSBC released a study looking at university fees and living expenses in 13 popular study destinations for overseas students. The results show that Australia is the most expensive international study destination worldwide, with tuition and living costs averaging USD 38 500 per year (EUR 28 800). The United States and the United Kingdom are close behind (USD 37 500 and USD 30 300 respectively), followed by the United Arab Emirates, Canada, Singapore, Hong Kong and Japan (all over or close to USD 20 000 a year). Germany, ranking number 13, is the cheapest on the list (USD 6 300).