The cost of studying in USA varies significantly across the states and huge difference between Colleges and also “Ivy League” University. The combined costs of tuition fees and living expenses of top institutions in big cities can reach over US$100,000 annually. The following is a guide only:
- Private Institution: US$15,000 – US$30,000 per year
- Public Institution: US$10,000 – US$20,000 per year
- Community College: US$8000 – US $12,000 per year
- Accommodation: US$3,000 – US$7,500 per year for a single room
- Books & Study Materials: US$500 – US$1,000 per year
- Travel costs: US$300 – US$750 per year
- Food: US$2,500 per year and up (standard meals)
- Clothing: US$500 per year and more in some cold weather states.
- Other expenses: US$2,000 per year, which cover phone bills, occasional outings, entertainment, etc.
Minimum funds requirement
Due to huge gap between institutional tuition fees and each city living standard, it is hard to determine the exact amount of minimum funds requirement. As a guide, the minimum funds required to study in USA is the tuition fee and also the living expenses for a year of the chosen institution and the proposed city living standard, plus the return trip airline fee.
The fund must come from an accredited bank account and from reliable source. If using a sponsor, the person must sign an “affidavit of support” form guaranteeing that funds will be available for your needs during your stay as part of your journey. Some applicant may even requested to show fully funded their entire planned study period.
If you have any dependent, the officer may request much more fund for your stay. Remember, the International Student’s dependent are NOT allowed to engage in any employment during their stay in USA.