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STUDENT EXPENSES

COST OF STUDYING IN U.S.

There are two types of universities in United States: public (state-funded) and private. International students’ tuition fees at state schools are generally based on nonresident costs and are usually less expensive than those at private universities and colleges. It’s important to note that the cost of a program in a U.S. higher education institution does not necessarily affect its quality.

Tuition fees vary widely, depending on the field of study, institution, and degree level of the program. It can vary from as low as $ 9,000 USD per year for state universities to as much as $ 40,000 USD per year for some private universities. According to student support organization College Board, an average estimated full-time undergraduate tuition fees for 2015/2016 at state colleges are $9,410 USD for state residents and $23,893 USD for everyone else.

Average Estimated Full-time Undergraduate tuition fee for 2015/2016 Public two-year colleges Public four-year colleges (in-state fees) Public four-year colleges (out-of-state fees) Private non-profit four-year colleges
Tuition fee $ 3,435 $ 9,410 $ 23,893 $ 32,405

Source: College Board

The average cost of master’s degree for students is between $30,000 USD and $120,000 USD. The cost varies depending on the university and the master’s program itself. At most universities, the average cost of an MBA is $40,000 USD. Some institutions have programs for less, and MBA programs, for example, at Harvard or Stanford could cost in excess of $120,000 USD.

A large number of international students receive some form of financial aid or scholarships. This can be either need- or merit-based, with the former based on an assessment of students’ finances and the latter based on academic achievements and/or athletic talent. In general, private U.S. universities offer more opportunities for financial assistance which are open to international students. Some institutions even offer assistantships that help offset the cost of tuition, and make higher education more affordable in the U.S.

The following table shows 50 best-rated, most affordable colleges for international students in the U.S. The list was calculated based by U.S. News and World Report list of the schools in the United States with the highest percentages of international students and each school’s adjusted average tuition.

Institution City/State Tuition fee (U.S. dollars) Average tuition minus institutional grants/scholarships Percentage of International Students

NORTHEAST

University at Buffalo – SUNY Buffalo, New York $8,211 (In-state) $20,151 (Out-of-state) $8,573 16%
Harvard University Cambridge, Massachusetts $42,292 $2,538 11%
Princeton University Princeton, New Jersey $40,170 $7,416 11%
Yale University New Haven, Connecticut $44,000 $5,603 10%
Binghamton University Binghamton, New York $8,144 (In-state) $18,464 (Out-of-state) $11,535 11%
Brandeis University Waltham, Massachusetts $45,856 $14,387 14%
University of Pennsylvania Philadelphia, Pennsylvania $45,890 $12,333 12%
Columbia University in the City of New York New York, New York $49,138 $13,055 12%
Massachusetts Institute of Technology Cambridge, Massachusetts $43,498 $11,071 10%
Johns Hopkins University Baltimore, Maryland $45,470 $11,666 10%
Brown University Providence, Rhode Island $45,612 $13,753 11%
Dartmouth College Hanover, New Hampshire $46,752 $10,701 8%
Stony Brook University – SUNY Stony Brook, New York $7,995 (In-state) $19,935 (Out-of-state) $11,638 9%
Cornell University Ithaca, New York $45,358 $12,352 9%
Northeastern University Boston, Massachusetts $41,686 $20,665 15%
University of Rochester Rochester, New York $45,372 $21,139 13%
The New School New York, New York $40,426 $28,386 29%

SOUTH

Duke University Durham, North Carolina $45,376 $9,092 8%
Emory University Atlanta, Georgia $44,008 $16,531 13%
Florida Institute of Technology Melbourne, Florida $36,020 $20,333 28%
Lynn University Boca Raton, Florida $33,600 $20,605 22%
Vanderbilt University Nashville, Tennessee $42,978 $5,363 5%
Georgia Institute of Technology Atlanta, Georgia $10,650 (In-state) $29,954 (Out-of-state) $13,479 9%
University of Miami Coral Gables, Florida $42,852 $18,569 12%
Georgetown University Washington, District of Columbia $44,805 $14,561 9%
Barry University Miami, Florida $28,160 $11,615 7%

MIDWEST

Purdue University West Lafayette, Indiana $9,992 (In-state) $28,794 (Out-of-state) $13,230 17%
University of Iowa Iowa City, Iowa $8,061 (In-state) $26,931 (Out-of-state) $9,411 9%
Illinois Institute of Technology Chicago, Illinois $40,117 $16,285 23%
Andrews University Berrien Springs, Michigan $25,470 $16,228 14%
University of Illinois – Urbana-Champaign Urbana, Illinois $14,750 (In-state)
$29,132 (Out-of-state)
$15,414 13%
Iowa State University Ames, Iowa $7,726 (In-state)
$20,278 (Out-of-state)
$8,497 7%
Indiana University – Bloomington Bloomington, Indiana $10,209 (In-state)
$32,350 (Out-of-state)
$12,911 10%
University of Minnesota – Twin Cities Minneapolis, Minnesota $13,555 (In-state)
$19,805 (Out-of-state)
$11,534 8%
Michigan State University East Lansing, Michigan $12,862 (In-state)
$33,750 (Out-of-state)
$15,772 11%
Ohio State University Columbus, Ohio $10,037 (In-state)
$25,757 (Out-of-state)
$11,232 7%
Wichita State University Wichita, Kansas $6,926 (In-state)
$14,960 (Out-of-state)
$6,322 5%
University of North Dakota Grand Forks, North Dakota $7,508 (In-state)
$17,794 (Out-of-state)
$10,480 6%

SOUTHWEST

Rice University Houston, Texas $38,941 $10,822 10%
University of Tulsa Tulsa, Oklahoma $34,835 $17,113 22%

WEST

California Institute of Technology Pasadena, California $41,538 $11,775 11%
Stanford University Stanford, California $43,683 $7,294 7%
University of Colorado – Denver Denver, Colorado $7,933 (In-state)
$22,057 (Out-of-state)
$11,224 9%
University of Washington Seattle, Washington $12,397 (In-state)
$31,971 (Out-of-state)
$11,834 9%
University of Oregon Eugene, Oregon $9,763 (In-state)
$29,788 (Out-of-state)
$14,820 10%
University of California – Berkeley Berkeley, California $12,864 (In-state)
$35,742 (Out-of-state)
$15,143 11%
University of Utah Salt Lake City, Utah $7,457 (In-state)
$23,736 (Out-of-state)
$9,130 6%
University of California – Los Angeles Los Angeles, California $7,457 (In-state)
$23,736 (Out-of-state)
$15,602 10%
University of Southern California Los Angeles, California $46,298 $19,319 12%
University of San Francisco San Francisco, California $40,294 $21,736 16%

United States universities and colleges offer scholarships, grants, and bursaries for international students at both undergraduate and postgraduate levels. For instance, many universities offer their own scholarships and usually these include specific scholarships for sports, academic achievement, and exceptional leadership qualities. It is highly competitive to receive scholarship funding, so students should apply for it as early as possible.

COST OF LIVING IN U.S.

Living expenses may vary depending on the location of the university or college and on a student’s lifestyle. There are three accommodation options for students in the United States: on-campus accommodation, off-campus accommodation, and homestays. Accommodation on campus can be more expensive than living in a private/shared apartment off campus, but it can be good for first-year students to live on campus in order to be a part of campus life and meet other students. Furthermore, meals may also be included in on-campus accommodation. The cost of accommodation on campus ranges from $7,705 USD to $11,200 USD per year. The average annual living expenses are about $16,694 USD, which includes accommodation as well as other daily expenses.

Living Expenses Estimated expenses per one academic year (U.S. dollars)
Books and supplies (depending on the program) $1,000 – 1,300
Residence accommodation (on-campus) $7,705 – 11,200
Food and Entertainment $1,500 – 2,500
Clothing $1,500 – 2000
Transportation $1,109 – 1,774
University/Student Health Insurance $500 – 1300
Total Estimated Cost $13,314 – 20,074

Please keep in mind that the cost of personal living expenses will vary depending on personal needs and preferences. In order to calculate your own cost of studying and living expenses, please contact our advisors.

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