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How much does it cost to study masters in USA?

While education abroad is not cheap for middle-class students from Indian, some foreign degrees are less expensive than others. For example, if you are considering applying for a postgraduate degree (e.g. MBA / MS) in another country, the cost of Masters in USA significantly lower than the MBA in USA.

However, this is just in terms of comparison. You should be aware of the different cost components that make up a Master of Science' overall expenses. It has the potential to burn a hole in your wallet. You will keep the costs down if you plan ahead.



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Cost of studying Masters in USA

In the United States, a master's degree is typically a one- or two-year programme. For Indian students, the average overall cost of studying MS/Masters in the United States is about $ 58, 000. The average tuition fees for Masters in the United States vary from $10,000 to $40,000 per year. It is depending on the university and its ranking. The cost would be doubled if they study for two years. It does not include living expenses, school materials, medical care, food, or other expenses, which must be paid separately. The cost of a master's degree in the United States is heavily influenced by your lifestyle and personal expenses. MS prices in the United States are subject to adjustment based on global and national economic reforms.

Tuition Fee:

This is a highly variable cost that varies by university and is often dependent on your course. It'll also be the most expensive purchase you'll make. Tuition costs for a two-year MS programme are estimated to be USD 40,000 on average. Of course, you might be eligible for grants or other forms of financial assistance that will help you cover these expenses.

Living Expenses:

Place, Apartment Size, Number of Roommates, and Proximity to the University all play a role in determining living expenses. This differs from one person to the next. If your course length is 2 years, you will spend an average of $500 to $1100 month. Most students, however, never spend this much because assistantships and internships cover a large portion of these costs.





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Total Cost of Studying in USA



Factors

Amount in USD

Amount in INR

GRE $205 ₹15,200
IELTS $201 ₹14,700
Applications $1,100 ₹81,400
Counseling (optional) $310 ₹25,000
Applications $162 ₹12,000
VISA Fee $160 ₹11,840
SEVIS Fee $200 ₹14,800
Airfares (one-way) $675 ₹50,000
Tuition Fee $40,000 ₹29,60,000
Living Expenses $15,000 ₹11,10,000
TOTAL EXPENSES $58,000 ₹42,92,000

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