Study Cost in the USA
Though the most popular among students, the US is also among the most expensive when it comes to studying abroad. However, although the headline costs of studying in the US may be of huge weight, often involving a string of five-digit numbers, it’s worth checking all the facts on fees and funding options before you make up your mind, as it may not be as expensive as you initially think.
With most undergraduate degrees at public universities costing $25,620, for many prospective students attending university in the US may seem about as realistic as crashing at the White House while you look for a place to live. But before you abandon all hope of spending your student years playing baseball, going to the drive-thru and generally carving out your own version of the American dream, be reassured: there may be a way.
Costs of study at different types of US university
Anyone familiar with the basic rules of averages will have realized that College Board’s estimate is likely to include significant variation in either direction – and this is true. At the very top-tier US universities (the majority of which are private non-profits), fees and living costs are likely to add up to around US$60,000 per year, but it’s also possible to study in the US at a much lower outlay.
You may be able to find a more affordable in the public sector of the US universities. These are typically run as state university systems – collections of colleges within a state, which share some administrative aspects while operating as separate institutions.
Scholarships are also given on different sort of talents, like academic merit, athletic talent, or civic performance. Financial aid is also available for international students, often for graduation level only.
We recommend you check with Study International’s experts for doing a calculation of all the costs to make sure that you have enough in your budget before you arrive in the USA, and begin researching sources of financial aid well in advance. Some scholarships are available to international students to help them cover costs while they study abroad.
Fulbright Foreign Student Program: enables graduate students, young professionals and artists from abroad to study and conduct research.
Hubert H. Humphrey Fellowship Program: provides ten months of non-degree academic study and related professional experiences.
The Tortuga Study Abroad Scholarship: it’s awarded biannually to passionate students who want to study abroad.
Aga Khan Foundation International Scholarship Program: for outstanding postgraduate students from selected developing countries who have no other means of financing their studies.
How can you calculate your own costs of studying in the US?
In recent years, it’s become easier for individual students to calculate how much they could expect studying in the US to cost. All US universities are now legally required to include a fees and financial aid calculator on their websites, allowing students to get a rough idea of how much their intended course of study would cost and what aid they may be eligible for. These “net price calculators” can be accessed via the government’s College Affordability and Transparency Center, which also provides details of the US universities with the highest and lowest tuition fees and net costs.