Is USA Costly to study?

Is USA Costly to study?

For Indian students, the cost of education in the United States is a major obstacle that prevents them from pursuing their dreams. A major factor in determining whether the United States (US) is a good place for higher education is the cost of living and studying here. Tuition fees in the United States vary by city, course, and university. Top colleges in the US typically charge $50,000 as annual tuition fees. Fees also vary by course. Universities may make it easier to study in the United States through scholarships, but it is difficult for Indian students.

For example, an MBA in the US is more expensive than a bachelor’s degree. The average cost of an MBA is around $70,000, while a bachelor’s degree costs around $35,000. Colleges in the US that offer long-term graduate programs may cost students more than those offering one-year degrees; however, the cost of study for Indian students in the US should not be interpreted as a measure of the education they receive there.

The cost of study in USA for Indian Students

Indians can be admitted in both public and private institutions in the USA, and the major share of the study in USA cost goes to tuition fees only. The tuition fees for study in USA for Indian students at public or state institutions are usually less expensive than private ones.

The degree pursued and the specific colleges attended affect the cost of a university education. The cost of studying in the United States for Indian students typically ranges from $35,000 (INR 29,09,504) to $85,000 (INR 70,65,939) per year, depending on the location and type of institution (public or private).

The cost of tuition at US public colleges

Tuition fees for Indian students pursuing higher education in the United States at public institutions are generally lower than at private institutions, but can still vary widely depending on the particular school and degree program.

Degree level Average tuition fee (INR)
Undergraduate ₹16,62,724- ₹29,09,767 per year
Graduate ₹20,78,337- ₹37,41,007 per year
Post-graduate ₹24,94,005- ₹41,56,675 per year

 

The cost of tuition at US private institutions

Higher study in USA for Indian students typically costs more at private universities than public ones. They can still vary greatly, though, based on the specific university and degree program.

Degree level Average tuition fee (INR)
Undergraduate ₹24,90,000 – ₹49,80,000 per year
Graduate ₹29,05,000 – ₹58,10,000 per year
Post-Graduate ₹33,20,000 – ₹62,25,000 per year

 

Additional Study in USA Cost

The complete anticipated annual cost of tuition, accommodation & board, and other expenditures for study in USA for Indian students is provided here.

Expense category Cost (USD) Cost (INR)
Tuition and fees $25,000 – $50,000 ₹2,050,000 – ₹4,100,000
Room and board $10,000 – $15,000 ₹820,000 – ₹1,230,000
Books and supplies $1,000 – $1,500 ₹82,000 – ₹123,000
Personal expenses $2,000 – $3,000 ₹164,000 – ₹246,000
Health insurance $1,000 – $2,000 ₹82,000 – ₹164,000
Total (per year) $39,000 – $71,500 ₹3,198,000 – ₹5,843,000

 

State-Wise Living Expenses for Study in USA for Indian Students

These are the approximate monthly living expenses for overseas students in different US states. Transportation, lodging, meals, and other expenses are included in the price.

State Cost (USD/month) Cost (INR/month)
California $2,500 – $3,500 ₹205,000 – ₹287,000
New York $2,800 – $3,800 ₹229,600 – ₹311,600
Texas $1,500 – $2,500 ₹123,000 – ₹205,000
Florida $1,700 – $2,700 ₹139,400 – ₹221,400
Illinois $1,800 – $2,800 ₹147,600 – ₹229,600
Massachusetts $2,300 – $3,300 ₹188,600 – ₹270,600
Pennsylvania $1,600 – $2,600 ₹131,200 – ₹213,200
Washington $2,000 – $3,000 ₹164,000 – ₹246,000
Georgia $1,400 – $2,400 ₹114,800 – ₹196,800
Ohio $1,500 – $2,500 ₹123,000 – ₹205,000
Michigan $1,500 – $2,500 ₹123,000 – ₹205,000
Arizona $1,500 – $2,500 ₹123,000 – ₹205,000
Virginia $1,800 – $2,800 ₹147,600 – ₹229,600
North Carolina $1,500 – $2,500 ₹123,000 – ₹205,000
Colorado $1,800 – $2,800 ₹147,600 – ₹229,600
Minnesota $1,600 – $2,600 ₹131,200 – ₹213,200
Oregon $1,800 – $2,800 ₹147,600 – ₹229,600
Indiana $1,400 – $2,400 ₹114,800 – ₹196,800

 

Conclusion

Indian students should calculate the cost of tuition in the United States before applying to any university. Most universities allow their students to study in the United States on scholarships, but they must prove that they are eligible for financial support.

Contact a study abroad advisor to get financial assistance to study in the United States as they have in-depth knowledge of scholarships, visa procedures, total costs and more.

Envision is one of the study abroad consultants who can help students get scholarships in the United States and help reduce other expenses such as visa fees, travel expenses, tuition fee documentation, and even living expenses.

 

More Topics:

5 Tips to Help You Win Study Abroad Scholarships

List of Scholarship in Australia for Indian Students

Scholarships for Students Abroad

Leave a Reply