Though studying abroad in an educational institution is considered very prestigious, it may be a very expensive affair for international students. The expense will significantly increase if the education destination is situated in one of the American universities. The modern-day candidates are well anxious about the cost of studying in the USA for international students. If the international students decided to create their own effective budget plan, they could save significant money. It is the international students who arrive from the Indian subcontinent that suffers the most in American universities. When compared with their local living prices, the cost for health, insurance, food, accommodation, etc., is very significantly higher in the American towns.
The expenditure on academic tuition contributes to being the largest and primary expenditure for international students while living in the USA. The magnitude of the tuition fee would majorly depend on whether the universities come under the category of private or public entities. The tuition fee would be significantly lower if the student is studying at a public university. The rate would increase as per the reputation of the university and the academic program you are applying for. The tuition fee for an international student would range between $8500 and $60000 per annum approximately.
The academic programs that come under the category of arts, humanities, etc., are expected to be fairly cheaper than other technical academic programs like engineering, medicine, etc. The tuition fee is expected to hike further if the student is opting for a postgraduate academic program. It is widely seen that most of the education institutions situated abroad charge a very high fee for MBA programs because of the high demand and opportunities. The fee would even start from the baseline of $35000 per annum in this context.
The problem of higher expense on the tuition fee could be countered by applying for the universities’ scholarship program.
Expense on a student visa
Without securing a valid studying visa, you would not be able to be an American university student. The approximate expense for applying for the American student visa is approximately $165. For the detailed and latest updates regarding the student visa expense, you could directly contact the IDP counsellors. In the context of the cost of studying in the USA for international students, a student visa is perceived to be the primary expense.
The international students will have to spend a significant amount of their revenue if their educational institutions do not provide any to-and-fro shuttle service. Even if the public transportation services are relied upon for the day-to-day commutation, you would have to set apart a significant amount of money for it. For cheaper access to the commutation, you could rely on the services of trams, buses, trains, subways, etc. If you decide to take the monthly pass for the daily commutation, the whole expenditure will turn out to be very cheap. The approach would be fairly appropriate in this context since you would commute for a short distance for studying in the universities.
Secure health support and insurance
All the international students are required to commence themselves in the insurance programs while applying for the US’s academic programs. Various reputed universities take their own initiative in providing international students with health insurance. The insurance would be valid till the students complete their academic programs.
You will have to arrange private medical insurance if the institution is not ready to provide it. If you ask the help of IDP counsellors in this context, better guidelines regarding it could be attained. The expenditure between $1600 and $2600 is expected on behalf of the international students in attaining the American College Health Insurance. The cost of insurance plays a significant role in the cost of studying in the USA for international students.
The expenditure on accommodation in US cities is significantly higher when compared to that of other European countries. However, this expenditure should be mitigated if you opt for the hostel service provided by the universities. Though the demand for hotel facilities is very high, timely applications are required to be submitted by international students.
Don’t worry if you fail to secure a university hostel room; you could share the apartments with your fellow colleagues in the nearby location. The students should note that the living conditions of the US are very different compared to that of the Indian sub-continent or other third-world countries. The rate of rentals is very much higher when compared to that of the third world cities.
The advanced payments for the basic facilities like water, internet, and electricity are to be paid to the landlords before acquiring a homestay or off-campus accommodation. The authorities in the universities would be a great help for you in finding the appropriate place to stay. If you have to choose the accommodations rather than the university hostels, the cost of studying in the USA for international students will range between $7000 and $16000 per annum.
Day to day expense
It is the daily expense on the purchase of emergencies, grocery shopping, social activities, etc., that would carve out the major section of the monthly budget while studying in the American universities. To avoid any sort of over expenditure, each and every spending should be recorded and kept on track. Poor planning would push you into the ditch of debt. The annual budget for an international student would range between $12000 and $24000. The cost of studying in the USA for international students would fluctuate as per the city selected to stay by the student.
In the below section of this article on the cost of studying in the USA for international students, we have listed some of the American colleges that are affordable for international students.
We hope that this article on the cost of studying in the USA for international students was quite helpful for you.
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