Are you aspiring to pursue your higher education from across the world? Almost thousands of students plan to travel abroad specifically the USA in order to pursue their education. The reason is very obvious that The United States of America houses hundreds of colleges and universities offering some widest range of opportunities to the students across the discipline.
That is just not enough!
If you have planned to travel abroad for studies, you need to look upon a few major things like the cost of living in the United States and other basic expenses.
Expenses on Tuition Fees
As we know that the US is considered as the world’s most popular destinations for higher education. Moreover, it even ranks at the top to be the most expensive destination. Tuition fees here generally vary from $5,000 to $50,000 (£3,820-£38,200) per year. The average annual cost of tuition fees in the US was estimated to be $33,215 (£25,376) by 2018.
For instance, let us consider one of the high-ranking university of US- The University of Michigan. It was charging almost $45,410 (£34,693) per year with of out-of-state students and about $10,872 (£8,306) for accommodation and board, $1,048 (£800) for books and study supplies and $2,454 (£1,874) for other personal expenses. This amount accounts for the budget of $59,784 (£45,674) per year.
Accommodation costs
Accommodation being the major point of concern in the US, has to be analyzed systematically. When we look into general, the university towns in the Midwest region of the US have lower living costs as compared to that of the East and North East areas. The average cost of the rental apartments starts at $500 (£382) per month (a one-bedroom apartment in a rural area) and goes up to $3,500 or £2,674 (a one-bedroom apartment in Boston).
There is also a trend of on-campus accommodations. People opt for these to facilitate their convenience and cut travel expenses. These accommodations usually have two or three people sharing one room with shared bathrooms, toilets,and showers.
Just to look upon the on-campus costing in the US, it was estimated to be around $10,440 (£7,976) per year at public four-year colleges or $11,890 (£9,083) per year at private four-year colleges. This particular includes all the utilities and housing-related costs.
Other routine expenses
Initially, when a student shifts to US he has to invest a lot in settling and getting things stable at its place. Some of the basic requirements and their costing can be pointed at Internet provision costs that come to an estimate of $45-50 (£34-38) per month, and household and monthly phone bills are around $50 (£38). The traveling and Petrol costs around $3.50 (£2.67) per gallon (4.5 liters).
Majority of the not localities prefer traveling with public transport. Therefore, the monthly public transport pass costs about $50-60 (£38-45). However, there are some areas offering discounted prices for students. The estimated cost of books and academic supplies per academic year is $1,170 (£893), or $390 (£297) per semester. Another most important and unavoidable cost to be considered is the student visa. This costs around $160 (£122).
The cost may fluctuate while planning the various different cities in the US. However, the terms mentioned here are only the estimated budget that needs to be in place before you decide to travel abroad for studies.
So if you are planning to go the USA for higher education, it is always better to take guidance and support from India’s best study abroad consultants, Canam Group which is known as the most trusted name in USA Education consultancy. Canam Consultants team is trusted by thousands of Indian youth for their success rate and highly transparent actions in every aspect related to abroad education.