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The Cost of Studying in the USA

THE COST OF STUDYING IN THE USA

The USA is the most popular country for international students. But along with being the most popular, it is also one of the most expensive destinations to pursue your education from. As if this wasn’t enough, the USD currency has become stronger now more than ever, which increases the cost of studying in the country. It is better to have a prior understanding of the cost distribution of studying in the USA, so you can plan your budget accordingly.

Various different factors contribute to the cost of studying abroad. However, here is a guide to understanding the basic underlying costs of studying in the USA that every student must incur.

Cost depending on the type of your institution:

USA has four different types of educational institutions. This is the first and foremost criterion that can make a major difference in your total cost.

Private Universities/ College State Universities/ College Institute of Technology Community colleges
Tuition fees can range anywhere between 40,00,000- 50,00,00 per year Tuition fees can range anywhere between 10,00,000- 18,00,000 per year Tuition fees can range anywhere between 45,00,000- 47,00,000 per year Tuition fees can range anywhere between 7,00,000- 10,00,000 per year

Note: Private colleges and universities will cost far more than state and community colleges.

Cost depending on the type of your degree (per year):

Associate degree Bachelor’s degree Master’s degree Doctoral programs
INR 7,00,000- 12,00,000 INR 16,00,000 – 28,45,855 INR 40,00,000 and can even go upto 81,00,000 if you enrol in an extremely prestigious university/ college INR 75,00,000- 1,00,00,000 too.
Doctoral programs are always costlier.

Cost depending on your field

Humanities Engineering/STEM courses Business Liberal arts
INR 50,000- 2,00,000 every year INR 25,00,000 or more every year INR 45,00,000 or more every year INR 15,50,000 or more every year

After having shortlisted your university, type of degree, and course, you also need to take into consideration the fees that go into applying for that particular course.

Cost to become eligible to study in the USA:

– Examinations required:

Tests Approximate cost
1. GRE exam INR 17,376. 72
2. TOEFL exam INR 15092.46– INR 15,500.36
3. IELTS exam INR 15,500– INR 15,750
4. GMAT exam INR 22,434.73
5. SAT exam INR 8484.41 without the scorecard fees
6. ACT exam INR 17,743.83

– Application fees:

  • General colleges/ universities: INR 3000- 5000
  • IVY league colleges/ universities: INR 6000- 7000
  • Stanford college: INR 7500

The next step, after getting into your university, would be applying for visa. This step also demands a huge sum of money from students.

The visa application fee for USA is: ____

Next would be

Cost depending on living in the USA:

Accomodation Travel* Food* Miscellaneous*
Generalised cost 15,00,000 to 20,00,000 1,50,000- 2,00,000 2,00,000 to 5,00,000 1,00,000- 3,00,000

* – This means your cost can vary here depending on your lifestyle choice and how well you manage your money. These costs can only be determined on an individual basis.

  • Accommodation:

Cost depending on type of accommodation:

– The cost varies depending on whether you choose on-campus accommodation or off-campus living.

On campus Off campus
– INR 50,00,000- 89,00,000 (per year) 20,00,000- 25,00,000 per month
– This cost can be reduced if you opt for a common housing between several people

Cost depending on location of accommodation:

Top 5 costliest destinations in the USA

1. New York

2. Boston

3. California

4. Los Angeles

5. San Fransisco

Top 5 cheapest destinations in the USA

1. Indiana

2. Kansas

3. San Diego

4. Atlanta

5. Philadelphia

We understand that these numbers seem daunting, and they keep on increasing everyday. But there are various ways you can manage and reduce your cost of studying in this dream destination of yours.

NCC Global can help you with this. We are the best study abroad consultants for USA.

Here is how we can help you:

  • Help you shortlist a few colleges and universities based on your budget
  • our experts carry out the research for you and provide you with an outline for each of your choices regarding the scope of the curriculum, fees, ranking, application process, and job prospects upon completing the course from that institution.
  • assists you in preparing for entrance exams and standardized tests like IELTS, TOEFL, PTE, etc
  • Get you in contact with our past students studying in the USA, who can share their experiences and guide you
  • Our counselors will guide you with updated rules and regulations for visa filing
  • provide you with a checklist of required documents
  • fill and compile all important forms and financial statements on time
  • Prepare you for the interview
  • help you with your departure after getting your visa approved
  • Our proofreaders and editors also help analyze and better your Statement of Purpose and Letter of Recommendation to make them top-notch.

To understand in depth how we will help you reach your dream destination, get on a free consultation call with us right now!

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