It’s the destination that brings Hollywood and the top celebrities today. Where the walk of fame and billboards make the talk of the town. It is also the house to the top of the universities which is known for its excellent education system, and courses that can change the course of any student’s life.
But it’s the financial aspect that pulls most students back. While the USA may sound very exciting for the experiences it holds, it comes with a hefty tuition fee and basic survival kit, which includes housing, meals, transportation and everything in between. But fret not, this article might just make your financial expectations more clearer.
Cost Of Studying In The US
The USA study cost varies widely based on factors such as the type of institution, degree programme, and location. Here are some key points regarding universities fees and living expenses:
Top Universities and Their Fees
| University | Annual Tuition Fees (USD) |
| Harvard University | $55,587 |
| Massachusetts Institute of Technology (MIT) | $55,878 |
| Stanford University | $56,169 |
| Princeton University | $56,101 |
| Yale University | $59,950 |
| University of Chicago | $60,963 |
| University of Pennsylvania | $61,710 |
| Duke University | $60,489 |
| Columbia University | $63,530 |
| California Institute of Technology (Caltech) | $58,680 |
Cost of Studying in the USA for Indian Students
| Degree Type | Annual Tuition Fees (INR) | Annual Tuition Fees (USD) |
| Undergraduate Courses | ||
| Business Administration | ₹12,30,000 | $15,000 |
| Computer Science | ₹16,40,000 | $20,000 |
| Mechanical Engineering | ₹20,50,000 | $25,000 |
| Nursing | ₹14,80,000 | $18,000 |
| Master’s Courses | ||
| MBA | ₹28,70,000 | $35,000 |
| Data Science | ₹24,60,000 | $30,000 |
| Electrical Engineering | ₹23,00,000 | $28,000 |
| Public Health | ₹18,00,000 | $22,000 |
| Doctorate Programmes | ||
| PhD Programmes | ₹20,00,000 – ₹30,00,000 | $25,000 – $40,000 |
Average Costs Across Different Types of Institutions
- Private Non-Profit Four-Year Colleges: Approximately $35,830 per year.
- Public Four-Year Colleges (Out-of-State): Approximately $26,290 per year.
- Public Four-Year Colleges (In-State): Approximately $10,230 per year.
- Public Two-Year Colleges: Approximately $3,660 per year.
Affordable Options for International Students
Students can drastically reduce their cost of studying in the USA, if they tend to go to more affordable universities in the area. This almost cuts down their financial burden, along with other lifestyle choices, which we shall come to soon. These universities are:
| University | Annual Tuition Fees (USD) |
| San Mateo College of Silicon Valley | $7,744 |
| University of Wisconsin – Eau Claire | $12,820 |
| Alliant International University | $13,050 |
| Wright State University | $13,500 |
| Texas A&M University – Corpus Christi | $13,850 |
| California State University – San Bernardino | $18,173 |
Average Cost of Living in the US
The average cost of living for international students in the United States varies based on location, lifestyle, and personal choices. Here’s a detailed overview of the expected expenses:
| Expense Category | Estimated Monthly Cost |
| Total Estimated Costs | $1,000 – $2,500 |
| Annual Estimated Costs | $10,000 – $25,000 |
| Accommodation | |
| On-Campus | $250 – $1,500 |
| Off-Campus | $400 – $2,500+ |
| Utilities | $100 – $200 |
| Food | |
| On-Campus | ~$250 |
| Off-Campus | $400 – $600 |
| Transportation | $100 – $300 |
| Health Insurance | $100 – $500+ |
| Phone and Internet | |
| Phone Subscription | ~$50 |
| Internet | ~$45 – $75 |
| Books and Supplies | $75 – $200 per month |
| Miscellaneous Expenses | $100 – $300 |
These estimates help international students plan their budgets effectively while studying in the U.S, ensuring they account for all necessary living expenses.
Cost Of Student Visa
The cost of obtaining a student visa for the United States includes several fees, primarily associated with the F-1 visa for academic study. Here’s a breakdown of the costs involved:
Visa Fees Breakdown
- SEVIS Fee:
- Amount: $350
- This fee is required for all non-immigrant students and must be paid before applying for the visa. It covers the Student and Exchange Visitor Information System (SEVIS) which tracks students in the U.S.
- Visa Application Fee (MRV Fee):
- Amount: $185
- This is the application fee for the visa itself, which was increased from $160 to $185 as of May 30, 2023.
Total Estimated Cost
- Total Cost: Approximately $535 (which includes both the SEVIS and visa application fees).
Additional Considerations
- Payment Methods: Fees can typically be paid online or at designated banks.
- Documentation Required: Alongside these fees, applicants must submit various documents including Form I-20, proof of financial support, and a completed DS-160 form.
- Interview Requirement: After paying these fees, students must schedule an interview at a U.S. embassy or consulate.
These costs are essential for international students planning to study in the U.S. and should be factored into their overall budget for studying abroad.
FAQs
How much does it cost for Indian students to study in the US?
The cost for Indian students to study in the U.S. typically ranges from INR 20 lakhs to INR 45 lakhs (approximately $25,000 to $55,000) per year, including tuition and living expenses. They can vary as per the programme and university of choice.
How much money do we need to study in the USA in Indian rupees?
The cost for Indian students to study in the USA typically ranges from INR 6,61,884 to INR 45,50,452 per year, depending on the university and programme. This includes tuition fees and living expenses, which can vary widely based on location and lifestyle choices.
Is the USA expensive to study?
Studying in the USA can be quite expensive, with costs ranging from INR 20 lakhs to INR 45 lakhs (approximately $25,000 to $55,000) per year, including tuition and living expenses.
Is it worth studying in the USA for Indian students?
World-class education, global recognition of degrees, and ample career opportunities. As well as the diverse cultural environment and access to cutting-edge research further enhance personal and professional growth, makes the USA a worthwhile investment.
Can I study in the USA for cheap?
Several affordable universities offer quality education with annual tuition fees ranging from INR 6 lakhs to INR 26 lakhs (approximately $7,500 to $35,000). Additionally, scholarships and community colleges can further reduce expenses for international students.
Did you enjoy reading our blog on “Cost Of Studying In The USA”? If yes, you can read more of our related stories on pursuing further education in the USA below:
Important Tips For International Students In The USA.
You can find scholarships like the ones mentioned in this blog and more on the UniScholars website. Simply sign up for free today and start applying to your dream scholarships. If you need assistance with student accommodation and education loan, head over to UniAcco and UniCreds respectively, today.
1 thought on “Top PGDM Courses In Canada: Universities, Specialisations & Eligibility”
I have done Bachelor’s in Culinary Arts from India and completed my graduation in the year 2022 .I am 22 years old. After graduation, I have done 1 year paid internship from USA .Now, I would like to take occupational experience and learn culinary skills and also do masters in Culinary arts.How can I find the college n best course / country where I can persue studying further