study in u.s.a.

Cost of Living

• Average amount spent towards living expenses per month by an international student – $1,000. This includes accommodation, food, entertainment, transportation, etc.
• Average amount spent towards living expenses per month by an Indian student – $500 to $600. This includes accommodation, food, entertainment, transportation, etc. Average Indian couple spends around $1,000 to $1,200 per month.

Cost of Education

Though the tuition fee largely depends on the course and institute chosen by the student, here’s an average outline of costs that an international student may incur.

• Private Institute’s Highest Cost – $35,000
• Private Institute’s Lowest Cost – $18,000
• State Institute’s Highest Cost – $25,000
• State Institute’s Lowest Cost – $12,000

Requirement of Funds

As with most of the developed nations, students need to show proof of funds to study in U.S.A. too!

• Students must show funds for the duration of the study mentioned on the i20. They are generally required to show liquid assets to cover the cost of the first year of study and living expenses and other assets to cover the remaining expenses.

Evidence of Funds

• Student’s parents, siblings, spouse and grandparents are considered as natural sponsors for student visa application. Apart from the aforementioned family members, student can have two immediate blood relatives as sponsors.
• Source of funds can include savings balance, deposits, provident funds, postal savings, education loan, etc.
• Properties, share market investments, gold, etc. can be counted as the source of funds towards the further years of study.