Cost of Studying in the USA


In HSBC’s 2014 report on the costs of studying abroad in different locations, the US emerged as the third most-expensive option overall, behind Australia and Singapore. HSBC put the average annual cost of study in the US – including tuition fees and living expenses – at US$36,564. Multiply by four for most undergraduate courses and by two for most master’s degrees, and for the majority of prospective students, attending university in the US may seem about as realistic as crashing at the White House while you look for a place to live.

According to student support organization College Board, published tuition fees for 2014/15 at state colleges are an average of US$9,139 for state residents and $22,958 for everyone else. This compares to an average of $31,231 at private non-profit colleges. The cheapest options of all, however, are public-sector two-year colleges – also known as community, technical or city colleges – where average fees for 2014/15 are just $3,347.

Admittedly, you can’t complete a full degree at a two-year college, but you can gain an associate’s degree. This counts as the first half of a bachelor’s degree, which can then be completed by transferring to a university for an additional two or three years.



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 and other fees $3,347 $9,139 $22,958 $31,231
Room and board $7,705 $9,804 $9,804 $11,188
Total (per year) $11,052 $18,943 $32,762 $42,419

Source College Board



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