With its Mayan and Aztec cultural heritage, friendly people, and pleasant climate, Mexico is one of the world’s most popular tourist destinations. Spain, the largest Spanish-speaking country in the world, is a great place to study abroad while experiencing endless fiestas and cultural fairs.
In international education, Mexico is underrated, but its development is rapidly bringing a change to this picture. Mexico is attracting more international students through generous scholarships, a decent standard of living, a relatively low cost of education, and some of the best universities in Latin America.
Living Costs in Mexico for International Students
Mexico is an inexpensive country for international students, especially for those who speak Spanish fluently. Although prices in the provinces can be very affordable, English-speaking buyers might face higher prices. Eating out can cost you as little as USD 1.5 only if Avoid super luxurious restaurants, where the prices might be on par with Paris’s center.
Mexico’s rental market is relatively cheap, but beach resorts function differently. Rent for a one-bedroom apartment in Mexico City is around USD 200, while in the provinces, you can pay as little as USD 80 for the same size apartment. Despite low water utility bills (USD 7), most people drink bottled water, which is an additional expense. It is always a good idea to save electricity, as electric bills can range from USD 80 to USD 200 depending on the usage.
Can international students work in Mexico?
While studying in Mexico, international students are not allowed to work.
Top Universities in Country:
The National Autonomous University of Mexico is Mexico’s largest and most prestigious academic institution.
A second-best university is the Monterrey Institute of Technology, which ranks 15th in the world for the number of billionaires among its alumni and first in Latin America.
In the QS Rankings, Panamerican University holds the third position in the category of private universities and the second spot in the category of public universities.
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Panamerican University and Universidad Anáhuac México are both private universities founded by Catholic societies. The Autonomous University of Baja California, located just across the border in Tijuana, is another top five higher-level institutions.
Scholarship in Mexico 2022
#1. The National Autonomous University of Mexico Scholarships
For international students studying in undergraduate, graduate, postgraduate, and doctoral programs, the National Autonomous University of Mexico offers one of the best scholarships in Mexico. The university has a brilliant reputation in engineering studies, but applicants can also benefit from their studies in science, economics, and management. Specializations in architecture and art. Official proof of Spanish proficiency is one of the requirements. Students can find information about the following Mexico scholarships on UNAM’s scholarship page:
- The (PBII) Scholarship Program supports B.S., Master’s, and Ph.D. level students, with a focus on developing cutting-edge engineers with strong backgrounds in research and academic expertise. An international student must have a GPA of at least 8.0 on a scale of 10.
- The Emilio Rosenblueth Fellowship recognizes a few exceptional postgraduates every year. Researchers awarded the prizes will conduct research in renewable energy, hydrology, and similar fields.
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#2. ITAM Scholarships
A third of the students at the Mexico Autonomous Institute of Technology (ITAM) receive financial aid. Academic excellence; low economic status; philanthropy and progressive thinking are what ITAM is known for. Tuition fees for international students who maintain a high GPA are waived for the rest of their academic cycle. Students can also choose any of the three programs with its subprograms.
Itam and SEP scholarships require a GPA of 9.0 or higher, an entrance exam, and a statement explaining why the student cannot afford the full tuition cost. Once the student has been enrolled and the status verified, ITAM can reduce the tuition fees by 10% to 90%.
International students have several unique options for Mexico scholarships through Special Scholarship Program. If a student maintains a 9.0 GPA until graduation, the Baillères Scholarship can cover the full tuition. The Miguel Mancera Scholarship for Sustenance provides monthly grants of 500 UDIS (Mexican Investment Units) to students in economics, engineering, and political science.
Graduate students interested in corporate careers can receive substantial funding and tuition waivers from Procter & Gamble, JP Morgan, and Siemens.
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#3. Tecnológico de Monterrey Scholarships
Tech Monterrey is rated as one of the seven best universities in Latin America, especially in the fields of economics and engineering. Its One of Mexico’s most successful politicians and CEOs is an MIT alumnus. Mexico scholarships are available to national and international students at the Tec de Monterrey, a non-profit institution.
The university bases its criteria on socio-economic status as well as academic and entrepreneurial abilities. Additionally, external funds are offered to talented or underprivileged students. In addition, socioeconomic funds are available to international students with a low economic status and a five-year residence record in Mexico.
Scholarships for Academic Talent can reduce tuition fees by up to 70%. This represents a substantial cost reduction for one of the most expensive in Mexico. Moreover, the Leaders of Tomorrow scholarship reduces tuition fees by 100% and includes health insurance. In addition, the Socio-economic Scholarship Program for Foreign Students offers funding up to 50% of tuition, which is still generous for a non-merit-based international scholarship at such a prestigious university.
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#4. OAS – AMEXCID Scholarship Program
Under the AMEXCID Program, the Organization of American States, including Mexican and regional organizations, offer scholarships to students from member states. Student applicants must come from one of the 31 member states from North and South America and the Caribbean.
For international applicants, AMEXCID covers housing costs and basic medical insurance. Only a limited number of students receive a one-time grant of USD 1,200. Candidates who belong to a university in the OAS Consortium Network may, on the other hand, be eligible for a waiver of their full tuition fees.
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#5. Autonomous University of Baja California Scholarship
Undergraduate and graduate students at the Autonomous University of Baja California are welcome to apply for one of the most generous scholarships in Mexico. The non-profit state university has three main campuses in Mexico and several sub-campuses. The university has nationally recognized research facilities, and it is an excellent choice for international students interested in the natural sciences, humanities, architecture, and medicine.
The best option for international applicants is the “A Modality,” funded by UABC. Undergraduates who do not speak Spanish can expect a grant of MN 35,000 while those who do speak Spanish can expect a grant of MN 30,000.
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