We all are aware of the popularity of the USA among Indian students. This country is among the top study destinations that welcome hundreds and thousands of international students every year. A top-notch provider of high-ranked institutions and quality education, the USA offers some of the most well-paying jobs as well.
Among the plenty of courses in the USA, one of the most sought-after study course options is MS (Masters/Master of Science). There are hundreds of specializations in MS that a student can choose from. Most of the time MS is a STEM course, and the degree is accepted and recognized globally. So, students who want to pursue an MS degree, wish to carry out their education in the USA.
Getting an MS degree will require you to have adequate funds as well, so we are giving you an overview of the cost of MS in the USA.
List of Expenses
To calculate the cost of studying, you first need to know the list of expenses. So first let us discuss the list of expenses.
• Standardized test fees
Standardized test for studying MS would be the GRE test. The majority of US institutions require students to submit their GRE test scores. So, for this, you would require paying the test fees which will be around 19,000 INR.
• English language proficiency test fees
The commonly accepted English language proficiency tests in the USA are IELTS & TOEFL. Currently, the registration fee for IELTS is 15,500 INR and for TOEFL it is 15,770 INR.
• University applications fees
The next study expense is university application fees. Ideally, most students have to apply to at least 3-5 universities. During the application, they are required to pay an application fee. The application fee varies between $50 - $150 depending on the institution. So, depending on how many university applications you do, the cost will be around 30,000 INR.
• Visa application and processing fees
After getting a letter of acceptance, you would need to pay your enrolment fees to confirm your application. after this step, you will receive a document from the institution. This document is known as I20.
After receiving the I20, the student can apply for a visa. The visa fee is around $160, so this will cost you around 14,000 INR.
• SEVIS Fee
In addition to the visa fees, the students will have to pay a SEVIS fee of $ 350 This fee is payable to USCIS for an application to request a change of status. So, it would cost you around 29,000 INR.
• Flight and Traveling expenses
The cost of traveling expenses including flight tickets might vary as there are several reasons involved, it also depends on your study destination in America. So, on average, a one-way fare would be around 75,000 to 1,00,000 INR.
• Tuition fees
MS is a two-year degree program; hence we will calculate the cost to study in the USA accordingly. There are many institutions that offer this course. So, on average the tuition fees for MS in the USA are somewhere between $30,000 - $60,000. This will be around 25 – 50 Lakhs INR.
• Living expenses
Living expenses would be including the cost of accommodation, food, grocery, travel expense, utility bills, etc. This expense would most likely depend on the standard of living. On average monthly living expenses can be around $1000- 2000, which will be around 83,000 - 1,65,000 INR.
As you will be living in the US for 2 years, the living expense will be around 20 -35 lakhs INR.
Considering that you are now aware of the indicative study expense for MS in the USA. You can now consider starting your university applications. Studying abroad involves a lot of steps, so if you require guidance from an experienced person then you should reach out to a study abroad consultancy. These fastest growing edtech companies provide start-to-end assistance to study.
Good Luck!
