What does it cost to study in USA?

The education system in the USA is flexible in terms of choice of courses within the university or college. Few of the top ranking universities in the world, are located in the USA. This along with various compelling factors such as those of executive attitude towards education, gives you the right atmosphere whilst at the same time imbibing in you relevant knowledge.
Another reason students decide to study in USA are the advancements being made in the field of science and technology. The dome of innovations, studying in US colleges and universities ensures you get an impeccable opportunity to make your future in the said fields.
The education system in the USA has a social and academic milieu that will allow you to grow in all aspects. The institutions offer a range of undergraduate, postgraduate and doctoral programs in an array of subject areas.
As you may be well aware, the number of US colleges and universities are highest when compared to other study destinations. The faculty employed at these institutions have made immense strides in their subject area. This ensures that the quality of education offered remains eminent.
Students like you, are well aware of the multitude of benefits studying in USA holds. However the question that lingers in your parents and your mind are the cost considerations.
International students like you embark to study in USA because courses here are the best investment for the future. The work opportunities along with the provision of financial assistance ensures that it is truly a great investment for your future prospects.
The article looks to breakdown into intricate details what the cost framework in the US education system is like:

Tuition Fees

Public Universities
Undergraduate: $15000-$20000 (Approx)
Postgraduate: $15000-$20000 (Approx)

Private Universities

Undergraduate: $20000-$30000 (Approx)
Postgraduate: $15000-$35000 (Approx)

Living Expenses
On an average you will spend $15000-$18000 per year. However, this is largely dependent on where you decide to stay. If you resolve to stay in places like New York, San Francisco, Manhattan then the expenses could approximately be $20000 per year. Whilst studying in a suburban area, the expenses are approximately between $10000-$12000 per year.

Accommodation
Most US colleges and universities provide assistance in finding accommodation. These accommodations are either on-campus or off campus. Thus, you will be met with a variety of living options some of which include Halls of Residence, Student Hostels, Homestay or Apartments. Although staying off campus is more economical, you are often advised to stay on campus during the initial months. The costs of accommodation that you are required to incur are dependent on a range of factors such as location, facilities and much more. Therefore, the costs for accommodation can range anywhere between $600-$3000.

Scholarships and Financial Aid
Financial aid will be awarded to you on the basis of merit or need. If you have strong academics, good grades in standardized exams and extra-curricular achievements your chances for availing financial aid increases. To attain the same, make sure you adhere to all the deadlines and present your application package in an alluring manner.

Visa
To be able to study in USA, you need to have a valid student visa. To attain the same you need to make an application and incur a stipulated fee. An indicative value of what you may be expected to pay is $160.

Health Insurance
As an international student, it is imperative that you incur health insurance. It is one of the most critical costs that you must take into consideration. The amount you will be required to pay for the same is dependent upon a large number of factors, however you can expect to indicatively pay between $700 - $1100.

Transportation
As a student you will undertake traveling on a large basis. Certain universities also offer discounts when it comes to traveling. You can buy monthly passes which are more economical in nature. Air tickets form a huge component of transportation costs therefore make bookings for the same in advance.

Work After Course
You are permitted to work 20 hours per week during the semester on campus. You can expect to earn between $8-$10 for teaching and research assistantship. Therefore indicatively you can earn between $500-$600 per month. During course break you can work for 40 hours per week.
Hopefully, the given breakdown of the cost structure makes the studying in USA picture clearer.

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