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How much college will cost you to attend is one of the most crucial factors to think about if you want to study in the United States. To make sure you have everything covered, this indispensable guide breaks down the expense of each component of academic life in the US.
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The majority of colleges lack a uniform government fee structure. The choice of your college and course will have the biggest impact. In the US, there are many different kinds of educational institutions, including community colleges, private colleges, and public colleges. Instead of community colleges, most international students attend public and private universities.
So let’s do a break down of what it costs to study in the UK
Tuition
Private universities charge higher tuition rates than those at community schools and state universities. For overseas students, there is typically no such thing as affordable tuition. The difference in price is probably because private universities receive financing from private organizations and donations whereas public institutions mostly receive funds from the state government. Like public institutions, community colleges and two-year colleges frequently get government support.
Undergraduate degrees in the US are quite expensive, and the expense is significantly higher for foreign students. International students often pay between $25,000 and $35,000 per year for public universities and between $30,000 and $45,000 for private colleges. Some private institutions charge up to $50,000 or $55,000 year.
For post graduate courses however, The costs are all determined by the courses you select. A Ph.D. or master’s degree will typically cost less than an MBA, a law degree, or a medical degree. For public institutions, international students typically pay $20,000 to $35,000 per year, whereas private colleges charge $35,000 to $50.000.
Accommodation
University towns in the Midwest of the United States typically have lower cost of living than those in the East and North East. A typical apartment costs between $500 (£450) to $3,500 (or £3,100) per month (for a one-bedroom in a remote area) (a one-bedroom apartment in a built-up city).
However, The majority of colleges provide on-campus housing for its foreign students. The dwelling is frequently referred to as a “dorm room” or dormitory. In most cases, there are 2 or 3 additional students in a student’s room. Daily necessities including water, power, and the internet are available at colleges. Students also share toilets, showers, and other facilities. How much a college charges for on-campus housing varies by institution. This costs, on average, between $5000 and 8000 a year.
Living costs
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The monthly cost for internet service ranges from $35 to $60 (£31 to 53), while the average phone and utility bill is about $50 (£44). Per litre, gasoline costs about $1.10 (£0.98). A monthly transit pass costs about $50 to $60 (£44-53), and certain locales have student discounts. An academic year’s worth of books and other supplies typically costs $1,170 (£1,1045), or $390 (£348) for a semester.
Depending on the rental agreement, utilities may or may not be included in the monthly rent. Electricity costs about $50 to $100 (£44 to 89) and heating costs about $50 to $100. If the tenant is responsible for paying water, sewage, and trash collection contributions, it will cost $50 to $75 every three months.
Depending on diet, a person’s weekly groceries in the US might cost anywhere from $20 and $70 (£18-62), with fresh produce having a wide range in price across the nation. Some meals are included in the cost of living at the university.
A trip to the movies costs about $9 (£8) and a restaurant supper costs roughly $15 (£14). McDonald’s charges $5.15 (£4.60) for a Big Mac.
Student visa
All international students must have a student visa. A lengthy process may also be involved. You must apply to and be accepted by a college that is accredited by the Student and Visitor Exchange Program (SEVP) if you are an international student. You will obtain the I-20 after the approval procedure, where all of your information will be recorded.
A non-refundable charge is required of visa applicants. Depending on their courses, merit, and colleges, all students fall into one of three categories: F, M, or J. In addition to a $160 visa application fee, they must pay a SEVP fee of $350.
Health Insurance
International students under the age of 25 can anticipate paying $30 to $140 per month for health insurance, depending on the college and the health insurance plan.
When considering all available funding options, it’s vital to compare the “sticker” price (what is stated on university websites) with what students actually pay because it can appear to be exorbitant. The available funding options include:
Grants, assistantships, work-study programs, and scholarships. While some of these may only be accessible to US nationals, there are many of financial aid options available to students from other countries as well. Additionally, there are a few well-known, government-funded US scholarship programs for international students, such as the Hubert Humphrey Fellowship Program and the Fulbright Foreign Student Program.