a quick way to assess the costs of studying in different countries

another project of Zostan Studentem, a startup based in Krakow, Poland

Since 2011 among

other things*:

We have been running three websites(Ukrainian, Russian and Belarusian)about studying in Poland and regularly attending student fairs in those countries

We have launched a platform dedicated to Polish students who would like to study in the UK.

We have made a uni comparison website which makes it easier to work

out student living costs, tuition fees, scholarships available at universities

in Poland and find an Erasmus - exchange city.

KRAKOW

*few other websites, blogs, and education fairs in main Polish cities

About us

ProblemWith so many study options,

countries, study abroad programs,

Erasmus exchange options,

universities – student’s most

important question is how much is

it going to cost me?When comparing study fees, students need to look carefully at what’s included and what’s not and how much money they need to spend in the overall

A lot of university websites are hard to navigate and no sufficient data with comparison to other unis

According to Forbes Magazine, the cost of study abroad was cited as the single largest non-academic deterrent among students

Universityworldnews.com notes that uncertainty about additional costs, personal relationships and lack of financial resources are mentioned by the non-mobile students as the main rationale for not going abroad

Cost of study - how it works now A student from India wants to do a BA in Finance/Economics abroad (loves Prague but also adores Italy) but doesn’t know what the cost is:

1. Student goes to Charles Uni website and Google searches for

studies in Italy - checks tuition fees per year, scholarships*,

accommodation price* *(usually not on uni website)

2. Then search on Google for living costs in different

countries.

3. Then opens another tab to search for scholarships.

4.And again another tabto find visa costs

5. Now he needs to add the costs and try to work out the overall price of study in each country

time–consumingnot accurate

it’s hard to calculate

when it’s not tailored to

our plans and lifestyle

AND WHAT IF

SOMEONE IS NOT SURE ABOUT

HIS LIFE PLANS???

how Study Calculator works

1. He goes on to Study Calculator website.

2. He then fills in the form, marking his study and lifestyle preferences. Not all field’s are required which makes results

more flexible.

3. Study Calculator shows universities matched exactly to individual’s needs.

Results might be filltred by many factors.

A student from India wants to do a BA in Finance/Economics abroad (loves Prague but also adores Italy) but doesn’t know what the cost is:

LOOKS MUCH

EASRIER

AND FASTER,

DOESN’T

IT???

Underlying magicStudents can select programs that match their pocketbooks as well as meet their academic and personal goals.

Universities which buy Study Calculator’s subscription (via PayPal or credit card) will have their own admin panel,

where they can add:

• address and contact data• courses and their prices

• scholarships• recruitment info

• photos• uni summary

• accommodation and facilities • and make their own contact

or admissions form

For each study abroad course, Study Calculator will produce “cost sheets” which will add up all anticipated expenses, including transport costs

and personal spending money.

Estimated costs - 6 months, year, 3 years - a student can easily calculate the amount of his bank loan (if he requires it)

LOGIN, REGISTER VIA:

the market

Number of universities around the globe:

22 123

We estimate that around 20% of universities from those countries will buy the yearly subscription and that gives us

from which

12 668are in 50 countries with the highest percentage of international students

2 534 customers

NUMBER OF PEOPLE STUDYING ABROAD RIGHT NOW:

4 337 000

According to universityworldnews.com, the number of students around the globe is forecast to more than double to 262 million by 2025.

Number of students: 262

131

2014 2025

The number of students seeking study abroad could rise to eight million – nearly three times more than today.

CUSTOMERS USERS

8

2

2014 2025

Nearly all of this growth will be in the developing world, with more than half in China and India alone.

INDIA

CHINA

years

mil

ions

of st

uden

ts

6

4

years

mil

ions

of pe

ople

seek

ing a

broa

d stu

dies

<50%

20%

business model SUBSCRIPTIONS - universities buy a yearly subscription to

showcase their courses,scholarships and other data

$99/year

BASIC

number of courses

5

$179/year

GOLD

number of courses

15

$399/year

PREMIUM

number of courses

unlimited

highest position in search results,

no info about other uni’s on

subpage

$0/year

FREE

number of courses

1

available for university only once, just basic

info

photo gallery, basic info,

contact form, no scholarships

higher position in search results,

scholarships available

IN THE FUTURE:

Contracts with banks regarding tuition fee loans(students loans) Ads - additional city data, flat rents etc.

marketing and sales

REACHING UNIVERSITIES:

contacting university staff, forums

blogs about international studies

newsletter, mailing campaign

educational fairs - online&offline

cooperation with educational portals

USER ACQUISITION(STUDENTS):

& & &collaboration with student portals

PR campaign

(company blogs on different study areas - MBA, medicine, arts, law, IT etc. interviews with international students, news about courses)

Internet Advertising

newsletter, mailing campaign

competition

www.studycostcompare.com (few factors included, few available countries)

www.topuniversities.com (few countries included, no way to compare

costs)

www.studyportals.eu (only European universities, no info on living,

transport etc. costs)

www.usnews.com - U.S. News College Compass(only US universities, students must pay 29,95$

per year for access)

team

The Team is led by Aleksandra Klusińska

(CEO/Founder – Jagiellonian University graduate - IT degree, experience in web

development, UX design and DTP)

and Jan Banach

(CEO/Founder, Journalism and mass Communications degree, law student,

experienced in sales)

Managing Director is Kinga Ogiegło

(University of York graduate, sales and marketing, brand development)

Partnerships Manager (Poland) is Jakub Kozyra

(Sales person, English degree graduate, database guy)

Partnerships Manager (East) is Maks Panchuk

(Jagiellonian University graduate, European studies)

Web Developer is Dorota Wallis

(Biomedical engineering MA degree, experience in PHP, JS, HTML5,

CSS and MySQL)

the askWe are seeking 200 000$ which will enable us to develop our website, start a marketing campaign, maintain company blogs

as well as social media platforms and also to start mobile apps.

We expect to provide an exit within 3 years by the profit from university subscriptions.

At the moment, Study Calculator is idea only, but based on our existing Polish website: Comparing Universities and our

experience with student recruitment.

Soon we will be launching beta version with basic features.

angel.co/study-calculator

Aleksandra Klusińska (CEO/Founder) email:ola@stdclc.com