The US is an ideal environment for global education, offering some of the world’s premier universities as well as offering international students many career and growth opportunities. But studying there requires an investment, and costs may be an issue; here are some things to keep in mind when calculating how much your stay in America will cost you.
Tuition Fees
Tuition costs will likely be one of your primary expenses during graduate study, typically totalling approximately USD 40,000 over two years for an MS programme at most universities. Some offer scholarships that waive this expense completely while others provide living stipends or offer stipends as aid towards living costs.
Application Costs Most American institutions will charge an application fee when applying to their Master’s programmes; this should cover administrative costs associated with your application and should not be too costly.
Standardized Entry Tests
Most US universities will require you to take one of several standardized entry tests, such as the GMAT or GRE. While the costs associated with taking these exams are separate from tuition costs, you should factor them in when estimating how much studying in America will cost.
The United States hosts more international students than any other nation, and many receive financial assistance to cover their studies. High-achieving students may even qualify for merit and need-based scholarships that could significantly reduce the cost of their MS studies.