How much of money is required to done MS in USA?

Question

How much of money is required to done  MS in USA?

Kimaya Nigam · Accepted Answer

It is always advisable to know about the expenses of the country that you are planning to study in, so good that you&rsquo;re already enquiring about it. The cost of studying varies across courses but I have mentioned an average amount that you should keep in mind while planning for your masters in these countries. I have also mentioned the average cost of living in these countries.
 
This is not an exact figure because the expenses depend on a lot of factors but don&rsquo;t worry. This amount will give you a rough estimate to begin planning accordingly: 
 
1. USA
Tuition fee - minimum of INR 30 Lakh per year
GRE Fees (one-time)        15,800
TOEFL Fees (one-time)        14,200
Application Fee (one-time)        5,000-11,997
Counselling Fee (optional)        25,000
Additional Application Expenses (one-time)        12,000
VISA Processing Fee (one-time)        11,840
SEVIS Fee        F and M visa status: 26,000
J visa status: 16,360
 
Cost of Living in USA for International Students 
Register SEVIS - $350
Application for student visa - $160
Accomodation Rent - $600 - $1000/month
Food - $350 - $500/month
Travelling - $500 - $1000
Miscellaneous - $500 - $1000/month
Textbooks & study material - $500-$1000/annum
Health Insurance - $1500 to $2500/year
 
Cities with Low Living Expenses 
Michigan
New Mexico
Georgia
Kanas
Mississippi
Missouri
Oklahoma
Arkansas
Tennessee
Note - All the costs are average. Amount may vary depending on the region you are living in.
Let me know if you need any other information from my end.

Prateeksha Manral · Answer

The cost of pursuing an MS in the USA varies widely based on factors such as the choice of school, location, and field of study. Tuition fees alone can range from about $20,000 per year at public universities to over $50,000 at private institutions. Moreover, living expenses in the USA can significantly affect the total cost and vary by location. For instance, living in metropolitan areas like New York or Boston is considerably more expensive than in smaller cities or towns.
Typically, students should budget for other costs including health insurance, which is mandatory, textbooks, travel, and personal expenses, potentially bringing the total to around $40,000 to $70,000 annually. It's advisable to look for funding options such as assistantships, fellowships, and scholarships that can significantly reduce this financial burden. Moreover, working part-time on campus can also help manage personal expenses. Comprehensive financial planning and applying early for scholarships and loans are essential steps for prospective students.