MS in US Cost: Total Expenses For Masters in US

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MS in US cost is one of the most important details required to know before you make a decision to pursue your masters in the US. Top CEOs like Satya Nadela and Sundar Pichai are the big inspirations behind this trend. Moreover, American universities provide several advantages to their students. These include high-quality education with renowned global faculty, world-class innovation and research opportunities, lucrative employment opportunities, flexibility, career enhancement, cultural exposure, and more.

This makes getting an MS from the USA a highly popular destination for Indian students. This article summarises most of the factors you need to consider to make the right decision. 

MS in US Cost: Overview

The below table shows the summary of the total MS in US Cost:

Cost parameters  Amount in USD Amount in INR
TOEFL entrance exam costs $180 ₹12,600
GRE entrance exam Fee $205 ₹15,200
Application Fee $50 to $200 +$20 +$27 = $1,100 ₹81,400
Airfare expense $675 ₹50,000
Cost of tuition $40,000 ₹29,60,000
Cost of living $15,000 ₹11,10,000
Total $57,160 ₹42,29,200

Entrance Exam Requirements

  • Graduate Record Examination: GRE examination is the initial step of your journey. Most master’s study programs require a GRE score. The cost of the GRE is $205. If you want to retake your GRE test, you must pay $205 again. 
  • Test of English as a Foreign Language: English is the primary language in the US. This test decides whether you are suitable for a master’s in the US or not. The score of the TOEFL examination decides students’ fate. The minimum score of TOEFL in the USA is 80. The cost of the TOEFL examination is $180.   
  • Graduate Management Admission Test: GMAT comes as an undergraduate admission test. GMAT score plays a major role in the selection procedure. The cost of the GMAT test is $250. 
  • The International English Language Testing System Examination: Most colleges and universities in the USA use the IELTS results of an applicant. The minimum score of IELTS ranges between 6.5 to 9 – depending upon which university you are applying to. The cost of the IELTS exam varies between $200 to $250. 

Additional Costs for MS in the USA

Application Fee

The application cost differs according to courses and universities. The initial application cost lies between $50 to $200. Other expenses may contribute to your application fees. Your application will be considered incomplete without your TOEFL and GRE test scores. The average application cost per university is $110. So, if you are applying to 10 universities, the US MS will cost $1100.  

Airfare

The average cost of airfare for one way is $675. The cost of airfare a single way ranges between Rs. 40,000 to 70,000 depending on your airfare class, destination, city, and airline. 

Tuition Fee

The tuition cost highly depends on the university and the selected course. The average tuition cost for two years of a master’s program is USD 40,000. These tuition fees can be reduced once you receive scholarships

Cost of Living

The cost of living depends on several factors, such as location, number of roommates you have, and apartment size. An individual’s average living cost is between $600 to $1200 per month. Hence, the average cost of accommodation for a two years master’s program will be $15,000. 

Find Actual Cost of Studying in the USA Here!

MS in US cost

Most Affordable Universities in the US

Some of the most affordable universities in the US are listed below:

1. University of Texas, Austin

    • Tuition fee (per annum) – $25,406
    • TOEFL score – 105
    • GRE score – 321

2. North Carolina State University, NC

    • Tuition fee (per annum) – $21,951
    • TOEFL score – 80
    • GRE score – 317

3. University of California, CA

    • Tuition fee (per annum) – $26,322
    • TOEFL score – 90
    • GRE score – 322

4. University of Virginia

    • Tuition fee (per annum) – $24,778
    • TOEFL score – 90
    • GRE score – 316

The fee of Top-ranked Colleges in the US

The fee structure varies depending on the university and the type of program. 

The fees at the top-ranked colleges in the US are shown below:

University Name Average Cost for 1 year
Massachusetts Institute of Technology, US $53,450
Stanford University, US $57,861
Harvard University, US  $48,008
California Institute of Technology, Caltech, US $52,506 
University of Chicago, US $49,800 

Cost of Different Fields of Study

The cost of different fields of study in the USA is shown below:

University Name Course Name Average Cost (1year)
Massachusetts Institute of Technology, USA Master of Science in Computer Science and Electrical Engineering $74,810.4
Harvard University, USA Master of Science in Data Science  $73,474.5
Harvard University, USA MBA $113,551.5
Standard University, USA Master of Science in Computer Science $61,451.4

Fees for the Top Courses

The average fee for the top master’s courses in the US are given below:

Course Name Average Cost (1year)
MS in Cyber Security $44,084.7
MBA $100,192.5
Master of Science in Information Systems $36,069.3
MS in Computer Graphics Technology $41,412.9
Master of Science in Materials Science and Engineering $74,810.4
MS in Information Systems Management $80,154
Master of Science in Data Science $73,474.5
Master of Science in Civil Engineering $33,397.5
Master of Science in Computer Science $61,451.4
MA in Animation $41,412.9

Conclusion

Scholarships and funding are the best options to manage the expenses to fund your degree. Many student options are available, such as financial aid (to be mentioned during application submission). There is a range of scholarships provided by American colleges and universities. The type of award and amount of money available for scholarships depends on which university you have applied to. 

Some popular scholarships you can apply to as an Indian student to study in the USA are Hubert Humphrey Fellowship Program, AAUW International Fellowships, American University Emerging Global Leader Scholarship, and IEFA scholarship.

MS in US cost

If you are still unsure of how to start your MS in the US journey, you can get a personalised list of universities curated by our study abroad experts. For more information on education loans and to explore the cost of doing a master’s in the US, you can check out Leapfinance

FAQs

What is the average application fee to study MS in USA?

The average application cost per university is $110. So, if you are applying in 10 universities, the MS in US cost will be $1100. 

What are the most affordable universities to study MS in US?

1. University of Texas, Austin 2. North Carolina State University, NC 3. University of California, CA 4. University of Virginia

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Kanika took a detour from academics for the corporate world. Now she works as a senior editor specialising in content creation, marketing, and strategy.