How much will it cost to study in USA 2020?

Rightly termed the land of opportunities, USA has been the first choice for Indian students who looking out for options for overseas education. Even though the Universities are ranked fifth in QS world university ranking 2019, higher tuition fees, and not favourable post-study work permit and permanent residence policies prevent the rush into the country. However, the great infrastructure, highly qualified teachers and a very good higher education system in the United States has overweighed the high tuition fees and US has remained one of the most preferred choices of higher education of the students from all over the world. As it focuses mainly on practical skills than theoretical knowledge, expertise, knowledge as well as the skills which they obtain through the course are unmatched.
With over 4000 public and private universities and many other community colleges, it has 1.3 lakh Indian students.

Top tier universities, which are mostly private universities might cost you fees and living costs that are likely to add up to around US$60,000 per year.
The public sector universities, usually run by the state university systems comprises of collections of colleges within a state, which share some administrative aspects while operating as separate institution. Such institutions have two schemes for tuition fees, one for state residents and one for everyone else. The latter scheme is applicable for international students as well as applicants from other US states.

Considering other factors, like transport and living expenses, the estimate costs are:
$17,930 in case of community colleges,
$25,890 for in-state students at a four-year public college, $41,950 for out-of-state students at a four-year public college and $52,500 for private non-profit four-year college.

However, these estimates on tuition fees are subject to slight variation depending upon the institution chosen by the students. For example, additional costs of $11,534 for room and board, $1,048 for books and study supplies and $2,454 for personal and miscellaneous items are included in case of most of the prestigious institutions. As a result, this adds up to a total annual cost of $64,386, or $70,356 for graduate students.

Fee Structure

Average fees at US universities
Public two-year colleges Public four-year colleges (in-state fees) Public four-year colleges (out-of-state fees) Private non-profit four-year colleges
Tuition and other fees $3,660 $10,230

 

$26,290

 

$35,830

 

Room and board $8,660

 

$11,140

 

$11,140

 

$12,680

 

Total (per year) $12,320

 

$21,370

 

$37,430

 

$48,510