MSDREAMS- Follow Your Dreams (visit www.msinusblog.com)

This forum will be useful to indian students who want to pursue Master of science in US of A. This site will discuss information regarding admissions, GRE, TOEFL etc.
 
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Number of posts : 14
Registration date : 2007-05-17

PostSubject: EXPENSES   Tue Nov 27, 2007 10:19 am

Tuition Fees

US Universities fall under two major categories: public (state supported), and private (independent) institutions. International studentsí tuition expenses at state schools are based on nonresident costs, which are still usually less expensive than those of private universities. Itís 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 :

University Type Tuition Fees (annual in U.S. Dollars)
Private Institutions (High Cost) >$ 25,000
Private Institutions (Low Cost) >$ 16,000
State Institutions (High Cost) >$ 17,000
State Institutions (Low Cost) >$ 9,000

The tuition fee is different for different universities and varies widely with courses. It can vary from as low as $ 9000 a year for state universities to as much as $ 30000 per annum for some private universities. For more specific details, please contact the universities.

Living Expenses

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.
So, about $1000 per month is a good estimation. Most people can survive with $700-$1000 a month. The key here is to share apartments/houses so that you save on the utilities, fixed charge portion of phone and to some extent on groceries.


Financial Aid & Scholarships

Financial aid is an important factor to consider for students applying abroad. Careful planning is both necessary and wise. Foreign nationals are required to show proof of sufficient funds to cover at least the first year of their college education to apply for a student visa. To compare the total cost of studying in various countries, check out Cost of Education

The burden of securing necessary funding can be challenging, and sometimes frustrating. Your savings (or your family's) may be the only reliable source of funding you have as you begin your program of studies abroad.

Important : University funding is easier to get in the United States
than in U.K., Canada, Australia or New Zealand. Most students who go to
Australia and U.K. are self funded students.
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