Studying in the US is one of many reasons people from all over the world go to the US. In as much as the US has more often than not been ranked as one of the best countries to have your education, the cost of studying there hinders so many people hence the question of how much does it cost to study in the US?
The cost of studying in the US for some people does not really matter as the benefits of studying there outweigh any amount they will possibly have to spend. However, there are others who really need to have a budget before embarking on the study visa journey. The benefits of studying in the US are quite worthy of the cost bound to spend by the students, below are some of the benefits of studying in the US.
Benefits of Studying in the US
There are so many benefits of studying in the US however the top five benefits will be listed here;
- Quality education,
- Famous universities,
- Cultural diversity,
- Vast opportunities.
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The quality of education in the US has been top-notch, the US educational system has for years been ranked as one of the best in the world. The education in the US gives the students the opportunity to travel and undergo some research with equipped instruments, materials, and laboratories.
These universities have by far been at the top and the good thing about the US is that they have so many universities that perform very well academically giving applicants the room/options to choose the one that suits their needs effectively.
Traveling to another country from your home country can be daunting at times however, the need for the network will prove very effective later on. So many people from all over the world are applying to universities in the US hence the possibility of meeting different people from different walks of life has a higher probability.
All your life you have known about a few things that pertain to your culture, from food to dressing, to greetings, etc. Cultural diversity is what you are bound to see once you visit the US for schooling as you will meet and witness different cultures around you and it will help you to adapt to your surroundings.
The US holds vast opportunities for students who intend to study there. Job opportunities are there for the taking.
Cost of Studying in the US
Now that you know the benefits of studying in the US here are the costs of studying in the US.
The annual costs of studying in the US can get up to five figures, however, this can vary, and some factors like the course of study and the state in which the school is located. There are multiple types of institutions available in the US such as community colleges, private colleges, and public colleges. Most international students study at public and private colleges rather than community colleges.
The cost of fees depends on the type of college you attend – public or private. The educational cost of a private university is way higher and more expensive than the educational cost of a public university. This is because most private colleges do not have a standardized government fee system. In order to cover tuition fees, you will need approximately $10,000 to $55,000 a year (indicative).
Aside from the tuition fees, there are other fees that students will be expected to pay.
Health insurance covers the health fees that may be incurred from accidents or other medical needs by students. The expected fees to pay by students are $30-$140 for health insurance per month depending on the college and the health insurance package. Without health insurance, international students can not apply to US colleges.
Most colleges have dorm rooms where students can stay, the school provides accommodation for these students and they provide basic amenities like light and water for the students in the dorm room. Students are however asked to pay between $5000-$8000 per year, this fee largely depends on the school as the fee varies.
On the other hand, students may decide not to stay in the dorm rooms and rent an apartment around the school, they will however be paying for the electricity and water that they use. This is more expensive as students who choose this route on average pay $6,000-$15,000 per year – depending on the apartment and location.
Applying for a student visa to study in the US is another kettle of fish altogether. Every student whose intention is to study in the US must have a student visa. As an international student, you have to apply and get accepted by a Student and Visitor Exchange Program (SEVP) certified college.
Visa applicants have to pay a non-refundable fee. All students are categorized as F, M, or J, depending on their courses, merit, and colleges. They have to pay $350 as a SEVP fee and a visa application fee of $160.
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Cost of Living
The cost of living in the US could be relatively high compared to other countries. It is advisable to have some savings set aside for daily needs like emergency purposes, feeding, shopping, groceries, water, clothes, books, study materials, and other basic needs. Regardless of all these, students are advised to have savings that may come in handy.
It is estimated that it would be averaging around $10,000-$12,000 per year for international students. The cost might vary depending on your location of residence.
The transportation costs mostly affect students who will not be staying in campus dormitories. Students who are on campus dormitories will not have to bother about transportation as their location is quite a walkable distance. This makes it challenging for students who stay outside the campus as they have to consider transportation costs as well.
Luckily, there are various means of transportation in the US and all modes of transportation are moderately fair so students may not have to spend so much. These modes of transportation are; Trains, Cabs, and buses. Rental facilities are also available to students for usage.
Bus and train passes cost around $30-$50 per month for students. For additional expenses, you can expect to pay around $100-$120 per month in your total transportation. Again, just like other factors, that cost mostly depends on where you are staying.