Expense Vs Earnings
Once you made the decision to study in the United States of America, you have also decided to give yourself the best. However, the best education system in the world comes with a price, which may be deemed expensive by many. However, it is a choice to invest in oneself, and there are several ways in which one can minimise the living expenses, earn and save while studying
School fees in the USA can go up to US$60,000 in the top tier universities. There are many economical options. Public universities, funded by the State are affordable while the private universities are expensive.
The cost of education depends upon the program, the university, and the city. Here are some sample estimates from popular cities in the US.
|Massachusetts||~$15,5255 / year||~$34,370 / year|
|New York||~$13.200 / year||~$23.870 / year|
|Pennsylvania||~$18,615 / year||~$26,360 / year|
|North Carolina||~$10,890 / year||~$21,600 / year|
|Florida||~$13,525 / year||~ $17,975 / year|
Expenses might differ based on whether you live in the urban or suburban areas. Living in urban areas is expensive. Students can choose to stay on-campus or rent an accommodation outside. Food, transport, and entertainment contribute to other expenses.
Living on campus is economical with at least $400 to $500 for shared rooms. When renting out an apartment, you could spend between $600 to $3000.
There are utility charges like electricity ($50 to $100), internet ($45 to $50), phone ($50 USD/month).
Be prepared for miscellaneous expenses.
Some institutions provide financial assistance to international students. Students should consult their universities to identify if assistantships, fellowships or partial waiver of fees is possible. Universities may have funds allocated to help international students on a need basis and merit basis. Private, non-profit, or corporate scholarships may also be available for deserving candidates.
The prime purpose for international students being education, USCIS authorizes only on- campus employment for F-1/J-1 visa holders only during the first year. A maximum of 20 hours per week during regular sessions and 40 hours per week during holidays and breaks are permitted. UCIS also allows off-campus options that are related to the candidates’ education in the form of internships and assistantships.
While the cost of living is high, and education is expensive, students do have various options to earn and save. Our counsellors can advise you on economic stay and study options in the US. Call us today!