According to Kasikorn Bank’s “K-Expert Bulletin” Edition 16, Studying abroad is a rather expensive investment. The cost of overseas studies includes not only high tuition fees but also living expenses. Thus the total average cost of studying aborad is 1,000,000 to 1,500,000 Baht per year. For students taking part in the foreign exchange program, school tuition fees will be exempt for one academic school year and students will reside with a volunteer host family. This will help reduce the overall cost for studying aborad by almost half the amount mentioned above. Furthermore, the Thai Ministry of Edcation guarantees the equivalence of grade level, allowing students to advance to the next grade when returning to their home school in Thailand. This entitlement can only be used once by each student.