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Cost of Studying in USA 2023- Tuition Fees, Living Cost & Other Expenses

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MOEC

06 January 2023

1166

Overview

 

USA is a unique study abroad destination, and every institute in the country has something special and excellent to offer. While the country has excellent standards regarding quality education and state-of-the-art equipment to implement practical learning, the cost of studying is a big factor in deciding to study in USA. The cost of studying in USA for Indian students depends on the course you're pursuing and the university or college of your choice. This blog aims to shed some light on the cost of studying in USA for Indian students, along with other related information.

 

Why Study in USA?

 

The USA is home to many top universities recognised globally for their excellent education and unique programs, attracting many international students.

It tops the list of most preferred study-abroad destinations. The country is filled with people from different parts of the world, living for the standard offered by the country at various levels. Every year, it hosts many international students at many different study levels. It has emerged as one of the largest economies in the world. It has invested its resources towards improving its workforce. Some reasons why you should consider to study in USA are mentioned below.

  • Academic excellence

  • Cultural diversity

  • Veteran faculties

  • Flexible education system

  • World-class resources

  • Multicultural study environment

  • Vibrant campus life

  • Excellent support system for international students

 

Higher Education Institutes in USA

 

In the USA, there are generally four types of higher education institutes, community colleges, state colleges or universities, institutes of technology and private universities. The community colleges specialise in offering associate degrees and certificates for two years. The local or state government funds education in state colleges or universities. For students who wish to pursue a short-term program in science and technology, there are institutes of technology in the USA. Whereas private organisations run private institutions.

 

Top Universities in USA for Indian Students

 

American institutes are some of the most world-renowned educational institutes in the world. These top universities in USA host many international students who wish to get quality education. These top universities provide excellent job opportunities, academic excellence, and good resources upon completing the chosen program in the country.

Some of the top universities in USA are listed below.

  • Massachusetts Institute of Technology

  • Stanford University

  • Harvard University

  • California Institute of Technology

  • The University of Chicago

  • The University of Pennsylvania

  • Princeton University

  • Yale University

  • Cornell University

  • Columbia University

  • Johns Hopkins University

  • The University of Michigan

  • The University of California Berkeley

  • Northwestern University

  • New York University

  • Carnegie Mellon University

  • The University of Texas at Austin

  • Pace University

  • University of the Pacific

  • Colorado State University

 

Some of the most affordable universities in USA are listed below.

 

Cost of Studying in USA

 

While thinking about the possibility of moving to study abroad, there are a few essentials that you should keep in mind to estimate the cost of studying in USA for Indian students. These conditions include

  • Tuition Fees

  • Expenses for lodging

  • Cost of food,

  • travelling costs,

  • Unexpected expenses for things like books, entertainment, clothing, and recreation.

The below table provides an idea of the cost of studying in USA for Indian students.

 

Cost of Studying in USA

School/Level of Study

Average Fees

Undergraduate Degree

$20,000 - $45,000 annually

Graduate Degree

$20,000 - $50,000 annually

Doctoral Degrees

$28,000 - $55,000 annually

Community colleges

$8,000 - $15,000 annually

English language studies

$700 - $2,000 per month

 

While these are the average tuition fees of the different degree types in the country. Still, the exact fee may vary depending on the institute. In graduate programs, MBA fees in USA can be more along with professional degrees like law, medicine, dentistry and design. Also, most doctoral degrees are 100% funded through teaching assistantships, bursaries and scholarships.

Mostly, humanities and art courses are cheaper in the country. The tuition fee for the postgraduate level is typically more than for undergraduate and foundation-level programs.

 

Private Universities vs Public Universities - Tuition Fees

 

Public universities in USA are funded by the state government. In the USA, a master's degree programme typically costs $25,000 per year at public colleges and $41,000 per year at private universities. These expenses may change annually. The average annual tuition fees for some private and public universities in USA are listed in the table below, along with how they affect the cost of living in the USA.

 

Private Universities vs Public Universities - Tuition Fees

Name of the University

Public/Private

Average Tuition Fees

Massachusetts Institute of Technology

Private

$57,590

Stanford University

Private

$56,480

Harvard University

Private

$49,653

University of California Berkeley

Public

$24,405

Yale University

Private

$62,250

Cornell University

Private

$62,456

University of Michigan

Public

$26,226

 

Cost of Living in USA

 

The cost of living in USA for Indian students greatly depends on the places they choose to live in. The average cost of living in the USA will be significantly greater in major cities like Boston, San Francisco, and New York than in suburban areas like Texas, New Orleans, Seattle, and many other places. The average cost of living in USA for Indian students is $13,000 - $18,000 but may vary depending on the state and city you reside in.

 

Cost of Living in USA

Expenses

Cost (Monthly/Annually)

Food

$2500 monthly

Rent

$300 and $400 monthly

Accommodation

$5000-$7000 annually 

Electricity

$5000-$7000 annually

Phone

$50 annually

Internet

$50 annually

Textbooks

$300 to $700

Clothes

$500 approx

 

Most Affordable Cities to Live in USA

 

While big cities like California, Los Angeles and New York are on the costlier side of the US, other cities cost less than the rest in terms of living options. Some of the most affordable cities to live with a low living cost in USA for Indian students are:

  • San Diego

  • Baltimore

  • Atlanta

  • Philadelphia

  • Houston

  • Chicago

  • Dallas

 

Moreover, students who wish to study in USA may contact our expert counsellors at any branch of Meridean Overseas Education Consultants (MOEC). You can also take free online counselling through our website. Our expert counsellors will provide you with the best support and guidance you need for admission and visa. For more information or any queries, contact application02@meridean.org or 18­00-1230-00011.

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