Cost of education differs from country to country & accordingly the students take their steps. These are either self funded or bank financial aids which help a student to determine his costs while studying abroad. Before applying abroad, the foreign nationals have to show concrete proof of sufficient funds to the universities which can cover their expenses at least for the first year of their college. Only then can they apply for a student visa.
Though, university funding is comparatively easier for entering the US universities, it is really tough in other destinations as in U.K., Canada, Australia or New Zealand. More formalities have to be met while applying to these particular universities. Since, cost of education varies, they all deal with the two vital aspects including tuition costs & living expenses.
Estimated Expenses, per Academic Year(Click for Currency Converter) |
Low Range | High Range |
|---|---|---|
| Application Fees, per school | $ 0 | $ 100 |
| Entrance Exams, each | $ 100 | $ 200 |
| Tuition and Fees | $ 2,500 | $ 40,000 |
| Books and Study Materials | $ 1,000 | $ 2,000 |
| Travel Costs | $ 1,000 | $ 2,000 |
| Room and Board (Accommodations) | $ 8,000 | $ 12,000 |
| Health Insurance | $ 800 | $ 1,200 |
| Personal Expenses | $ 1,500 | $ 2,500 | Totals | $ 14,900 | $ 60,000 |
US Universities fall under two major categories: public (state supported), and private (independent) institutions. International students’ tuition expenses at state schools are based on nonresident costs, which are still usually less expensive than those of private universities. It’s important to note that the cost of a program in a US school does not necessarily affect its quality. A brief idea can be had from the following table:
| University Type | ENTIRE COURSE FEES |
|---|---|
| Private Institutions (High Cost) | $ 19,000 |
| Private Institutions (Low Cost) | $ 12,000 |
| State Institutions (High Cost) | $ 13,000 |
| State Institutions (Low Cost) | $ 6,000 |
The tuition fee is different for different universities and varies widely with courses. It can vary from as low as $ 5000 a year for state universities to as much as $ 30000 per annum for some private universities. For more specific details, please contact the universities.
The approximate annual living expenses are about $10,000, which includes accommodation as well as other daily expenses. However, the expenses are different for different people depending on the lifestyles and this is just a rough idea. The main expenses can be split up as:
| Rent | $ 400 per month (you can live alone with that amount in a place like Auburn or share an apartment with 6 people in NY) |
| Groceries | $ 100 per month |
| Utilities | $ 100 per month |
| Phone | $ 100 per month |
| Sundry | $ 200 per month |
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