Money is perhaps the most worrying thing to any
student desiring to study abroad. Both education and living costs
are expenses that the family must budget ahead of time. By very conservative
estimates, at least $13,000 is required annually for room, board and
tuition.
A student is required to prove to the University, to the
Consulate Officer and to the Immigration and Naturalization Service
authorities, that he has sufficient funds to cover his living
expenses, insurance expenses as well as university tuition and fees.
The statement of finance has to
be submitted twice, once to obtain admission hence to be sent to
college and once to the US consulate when applying for your
F1/Student visa..
The
Cost of Education
varies from college to college. To get a clear picture of
the total cost involved, it is necessary to do a detailed and
careful analysis of the selected school by going through
its website or brochures. It is not only
important to know the total cost of education (including tuition
and living) but it is also important to explore various avenues of
funding available.
The total Cost of Education for studying
abroad can be broadly classified into two heads: Costs before
admission and Costs after admission.
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