Financing your studies in the USA
Financing your studies in the USA
Financing your studies in the USA
You will have two main costs you will incur while studying in the US: tuition and living expensesstudy us.
Tuition varies greatly between state universities and private universities and colleges, but by no means is a higher tuition fee indicative of a better school. State universities usually charge less than private institutions, while community, technical and vocational colleges generally have the lowest tuition fees.
Your cost of living in the US will depend on where you choose to study. Larger, urban centres, California and parts of the north-east will be more expensive than areas in the south and mid-west and other areasstudy us.
Tuition costs
Below is an outline of average tuition fees for international students studying in the US for 2008/09. Contact your institution of choice for more details.
Two-year community college
USD 2,713 a year
Out-of-state (international) students at four-year state colleges and universities
USD 19,595 a year
Private four-year colleges and universities
USD 27,293 a year
Source: The College Board, Annual Survey of Colleges
Accommodation
Almost all US universities and colleges offer on-campus housing to students and are called residence halls or dormitories (dorms). These are usually equipped with basic furniture and can be shared or private rooms.
Some universities have apartment houses on campus. Priority is usually given to graduate students or those who are married or with families.
Off campus, you can choose to live in private rented accommodation which can be furnished or unfurnished. Most universities have a housing registry and local classified ads are also a good source of finding private accommodation. Homestay (living with a local family) is another popular option for international students, especially when they are first adapting to the American style of life.
Although averages do not necessarily reflect what all students pay, room and board annually ranges between USD 7,000 and 9,000 a year.
Financial assistance
Most institutions offer scholarships and grants to international students, although these are highly competitive. These are usually needs-based or are awarded for outstanding performance in a field of study, sport, performing art or other category. Check with your institution regarding the funding they have available for international students.
Research other funding opportunities with your country's government, corporations or other institutions.
Money Transfer Service for International Students
Whilst you are studying overseas you will need to transfer money from your home country to the country you are studying in, to pay for tuition fees, accommodation and living expenses.
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