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Master’s course in the USA is generally a two-year degree, so; you have to calculate the cost accordingly. This will help in better decision-making for those who are thinking of pursuing MS in USA. Earlier, we have discussed the cost of studying in US and the cost of living for international students in the US. In this article, we will inform you about the cost of MS in USA separately; because tuition fee is the largest expense that a student has to bear while studying abroad. The cost of pursuing MBA in US is relatively more than that of MS in US.
Tuition fees may vary from university to university and from one state to another. It also depends on the course you are going to pursue. You can check the list of universities offering MS courses in USA along with their tuition fees and other details. You can also get scholarships for studying master's courses in the USA. Getting a scholarship can reduce your cost significantly. Apart from this, students also go for student loans to finance their tuition fees.
The average cost of pursuing a master's in USA is Rs 30.27 lakh annually. This includes Rs 22.25 lakh as the first-year tuition fee and Rs 8.02 lakh as first-year living expenses.
Pursuing an MTech degree in the USA comes with a considerable financial commitment.
The tuition fees can range from $20,000 to $60,000 per year, depending on whether you choose a public or private university. Public universities usually cost less, around $20,000 to $40,000 annually, while private schools can charge $50,000 or more.
Living expenses will also impact your budget. Major cities like Boston and Los Angeles tend to be more expensive, with living costs between $15,000 and $20,000 annually. In contrast, smaller cities can be more affordable, costing around $10,000 to $15,000 per year.
Don't forget additional costs like health insurance (about $1,000 to $3,000 per year) and educational supplies, which might add $1,000 to your expenses.
In total, your MTech education in the USA could cost anywhere between $35,000 to $85,000 per year.
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The cost for completing an MTech (Master of Technology) in the USA can vary significantly depending on the university, location, and whether it's a public or private institution.
On average, tuition fees for MTech programs range from $20,000 to $60,000 per year. Public universities generally offer lower fees, closer to $20,000-$40,000, while private schools can charge $50,000 or more.
Additionally, you should factor in living expenses. In major cities like New York or San Francisco, the cost of living can be high—around $15,000 to $20,000 annually. In smaller towns, this could drop to $10,000 to $15,000.
Health insurance, which is mandatory, can cost an extra $1,000 to $3,000 per year. There are also other costs like textbooks and materials, which could add another $1,000 to your annual budget.
So, in total, you can expect the overall cost to range between $35,000 and $85,000 per year.