If You're Mexican: How to Fund Your Studies Abroad?
Scholarships, financing, personal savings and family support are all options that can help you turn your dream of studying abroad into reality. Here's a quick overview of your choices.
Scholarships
📚 Postgraduate Scholarship in Science and Humanities Abroad (SECIHTI)
📚 Courses covered: Doctorates, master's degrees and research placements.
🌍 Countries: Europe, the United Kingdom and other destinations worldwide.
🇲🇽 Commitment to return to Mexico: Depends on the programme, but in most cases returning to the country upon completing studies is required.
🚨 Open call: Closes Friday 7 August.
🌐 AMEXCID
AMEXCID is the Mexican Government agency responsible for managing and publicising the various scholarship opportunities that other countries make available to Mexican citizens. Here are the upcoming calls opening for registration:
🇦🇺 Australia Endeavour Leadership Program (ELP)
📅 Next opening: October
🇦🇺 Scholarships for Latin American students – RMIT University (Melbourne)
📅 Next opening: July
Education Loan with Laudex
Laudex is one of the leading education finance options in Mexico. It is regulated by CONDUSEF and has a partnership with Banco Santander.
📌 What does it offer?
Education loans with a rate from 17%, depending on the student's profile, the school and the loan conditions.
✅ Advantages: You can apply at any time of the year. It can also cover different schools, courses, accommodation and other study-related expenses.
📝 How to access it? You must pass Laudex's financial and credit assessment. Good credit history required. A family member can act as your guarantor if needed.
📩 Want more information? Contact us. We can guide you through the process and help you review your options.
Personal Savings
Studying abroad with your own savings is possible, but it requires more strategy than impulse. It's not just about putting money aside — it's about planning well so expenses don't catch you off guard.
- 🎯 Define your plan: Decide what you want to study, in which country, at which school and when. Costs, visas and lifestyle vary greatly depending on the destination.
- 🧾 Calculate your budget: Consider tuition, rent, food, health insurance, transport, flights and initial expenses.
- 🐷 Save with intention: Set aside a fixed amount each month and, if possible, use a dedicated account for your study plan.
- 🚀 Look for extra income: Freelance work, tutoring, sales or temporary projects can help you reach your goal faster.
📩 If you want to study at one of our destinations, contact us and we'll help you calculate your real budget.
Family Support
Define what kind of support your family can provide. It could be for tuition, flights or rent, but also logistical support with documents, processes or emergencies.
- 💰 Discuss the budget with clear numbers: It's important to know how much you can cover yourself and how much your family could contribute, to avoid misunderstandings.
- 🤝 Set agreements from the start: Define whether the support will be a one-off payment, monthly contributions or only a backup in case of emergency.
⭐ Super Tip:
You don't have to choose just one option! 🙌 You can combine 🎓 scholarships + 💳 education loan + 🐷 savings + 👨👩👧👦 family support to fund your study abroad experience.
📩 Not sure where to start? We'll help you with the first step: getting the 📄 offer letter from the university or institution where you want to study and guiding you to find the best funding option for you.
FAQ
Frequently asked questions about funding studies abroad
What scholarships are available for Mexican students who want to study abroad?
The main options include the Postgraduate Scholarship in Science and Humanities Abroad (SECIHTI) and scholarships managed by AMEXCID, such as the Australia Endeavour Leadership Program and the scholarships for Latin American students at RMIT University in Melbourne.
What is Laudex and how can it help me fund my studies?
Laudex is one of the leading education finance options in Mexico, regulated by CONDUSEF and partnered with Banco Santander. It offers education loans from 17% interest rate, available year-round to cover tuition, accommodation and other study-related expenses abroad.
Can I use an education loan as financial evidence for an Australian student visa?
Only partially. For an Australian student visa it is recommended that the loan does not represent more than 30% of the funds presented. The rest should come from personal savings or family sources.
Can I combine multiple funding sources to study abroad?
Yes, and it is actually the most recommended approach. You can combine scholarships + education loan + personal savings + family support to cover the different costs of your international experience: tuition, rent, flights, health insurance and initial expenses.
Where do I start if I want to study abroad as a Mexican student?
The first step is to obtain the offer letter from the university or institution where you want to study. Study Destination can help you with that process and guide you to find the best funding option for your profile.
