Cost of MS in USA for Indian Students: College-wise Fees

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Meridean Overseas

Updated On 16 July 2024 & Read Time 12 minutes

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A Master’s degree holds significant importance for students as it boosts one’s career and adds feathers to their cap. Now, the question arises as to which country is the best for Indian students to pursue their master’s program. So, to make things easier, we have curated this blog for your understanding, covering the cost of MS in USA. The blog also includes the total cost of MS in USA for Indian students, including details of the cost of living, scholarships and much more.

 

cost-of-ms-in-usa-for-indian-students-college-wise-fees

 

It is reported that the number of Indian students going to the USA to pursue their master’s degrees has increased by 35%.

 

So, without further ado, let us understand why studying masters in USA is a good deal.

Why Study Masters in USA?

The USA is the finest place to study STEM courses (Science, Technology, Engineering, and Management); notable CEOs like Sundar Pichai and Satya Nadela are just two examples of how pursuing masters in USA can transform your career.

 

American colleges offer their students many benefits, from top-notch education by internationally recognised faculty members to affluent job prospects and exposure to diverse cultures. The opportunities for innovation and research, coupled with the flexibility and career development, make studying in the US an exciting prospect. However, students often get concerned with the cost of pursuing an MS in the United States.

 

Students must know that MS in the USA usually requires only two years to finish. However, the tuition fee may differ between states and universities. The tuition fee also depends on the kind of course you choose to pursue. Further, scholarships are available in the USA for master's degree programs.

 

Scholarships help reduce the cost of study, making your dream of studying in the US more achievable. In addition, student loans are a valuable option for covering tuition costs, providing further reassurance about the financial aspects of your education.

 

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Cost of MS in USA: An Overview

In the USA, a master's degree typically costs Rs 30 lakh a year, which covers the first year's living expenditures of Rs 10.50 lakh and the first year's tuition of Rs 23.54 lakh.

 

Further, the average cost of an MS in the United States varies depending on the university, the state, and the subject of study.

 

Several sources estimate that the average annual tuition cost for a master's degree in the USA is between $18,000 and $ 65,000 (or roughly INR 16.5 and 53.6 lakhs). Moreover, depending on the location, living expenditures can range from around $10,000 to USD 20,000 (or INR 8.2 to 16.5 lakhs) each year.

 

Below is the list of the average cost of MS in USA, along with the cost of MS in USA in rupees-

Cost parameters 

Costs

TOEFL entrance exam costs

INR 16,900

Application Fee

INR 3300 – INR 16,000

GRE entrance exam Fee

INR 22,550

Cost of tuition

INR 5L – INR 66L

Cost of living

INR 1L 

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Universities in USA for Masters: College Fees & Top MS Courses

This section puts light on all the universities, along with their average annual fees, that offer MS courses in the USA-

University/ College

Tuition Fee (Average Annual)

University of Virginia 

$30,300 per year

University of Texas, Austin

$22,500 per year

Mississippi Valley State University

$9,909.00 per year 

Loyola University Chicago 

$21,000 per year

San Diego State University

$21,000 per year

Stanford University 

$42,300 per year

Harvard University

$55,656 per year

University of Chicago

$49,734 per year

California Institute of Technology, Caltech

$63,402 per year

MIT (Massachusetts Institute of Technology)

$ 57,590.0 per year

Northeastern University

$53,300 - 56,000 per year

University of Pennsylvania

$50,000 per year

Columbia University

$60,000 per year

University of Michigan, Ann Arbor

$58,900 per year

University of California

$33,238 per year

Duke University

$65,120 per year 

Now that you are aware of the MS in US fees, let’s have a look at the best MS courses offered by American universities-

Course 

Programs Offered

Top Universities

Engineering 

Bio-Medical Engineering

Massachusetts Institute of Technology

Chemical Engineering

Stanford University

Civil Engineering

Harvard University

Computer Engineering

The University of Pennsylvania

Mechanical Engineering

Massachusetts Institute of Technology

Aeronautical Engineering

Cornell University

Business & Management

Business Analytics

Massachusetts Institute of Technology

International Management

New York University (NYU)

Finance

Stanford University

Marketing

University of Southern California (USC)

Public Health

Environmental Health Sciences

University of Washington

Epidemiology 

Massachusetts Institute of Technology

Population, Family & Health

Johns Hopkins University

Biostatistics

The University of Pennsylvania

Sciences

Biology

Yale University

Mathematics

Stanford University

Physics

California Institute of Technology

Data Science

The University of Pennsylvania

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Cost of Living in USA

The average annual cost of living in the United States is estimated to be between $10,000 and $18,000, or around $1,000 and $1,500 per month. This includes the cost of room and board, food, transportation, textbooks, weather-appropriate clothing, and entertainment.

Living essentials

Expenses

Transportation

$100 to $300 (INR 7,575 – 22,727)

Food

$30 to $40 (INR 2,272 – 3,030)

Accommodation

$1000 t0 $2000 (INR 75,758 – 1,51,516)

Other

$300 to $600 (INR 22,727 – 45,456)

Scholarships for Studying Masters in USA

Below is a list of scholarships available for Indian students pursuing their master's studies. These scholarships can assist students in budgeting and decreasing financial strain relating to the cost of MS in the USA:

Scholarships

Description

Fulbright- Nehru Fellowships

Requirements for overseas students enrolling on MS courses: tuition fees, living expenses, flights, accident and illness insurance in accordance with US regulations, and tuition fee structure

Hubert Humphrey Fellowship Program

(Government-funded)

This program, which is a component of the Fullbright program, intends to send a skilled young professional in the middle of their career from a developing nation to the United States for ten months of graduate education without a degree and associated work experience.

 

This program covers tuition fees, a monthly maintenance stipend, housing expenses, travel costs, and professional charges such as field excursions.

#YouAreWelcomeHere Scholarship

(Non-Government scholarship)

Regardless of the subject, this social media and scholarship campaign aims to welcome overseas students to the US higher education system.

 

The participating institution or university will do this by providing you with two yearly and renewable scholarships, each of which will at least pay 50% of your tuition for the chosen overseas undergraduate program.

IEFA

(Non-Government scholarship)

This summer program, supported by Abbey Road Inc., provides scholarships to high school students between 14 and 18 who demonstrate exceptional achievement in their extracurricular and academic pursuits.

 

It provides five $1,000 student scholarships in particular fields each year (Please contact MOC for further details).

AAUW International Fellowships

(Non-Government scholarship)

International female students are given these grants to study and research in the US full-time. It assists students accredited by US universities at the graduate and post-graduate levels.

 

There are the following number of scholarships:

 

$5,000–$18,000 for a master's or first professional degree

 

Postdoctoral or graduate: $18,000–$30,000

Read More: All Scholarships in USA for Indian Students

Average Salary after MS in USA

Students are curious about their salary and career prospects after completing their masters in USA. Hence, we have prepared a list of average salaries provided to MS graduates to give you an approximate idea of salary prospects after completion of your master's degree:

Specialisation

Range

Average Salary

Software Engineer

$72,000 - $13,7000

$99,882

Data Scientist

$72,000 - $1,30,000

$97,543

Mechanical Engineer

$66,000- $10,9000

$83,084

Senior Software Engineer

$95,000- $16,7000

$126,563

Data Analytics

$52,000 - $91,000

$69,656

Project Manager

$57000 - $12,2000

$83,574

Electrical Engineer

$69,000 - $1,18,000

$87,264

Conclusion

To conclude, pursuing a master's in the US is a great idea as the country has several great universities renowned worldwide. The total cost of MS in USA for Indian students has been discussed in great detail in the blog, along with their fees, the most suitable universities, affordable ones, and the courses they provide.

 

We hope you enjoyed reading the blog and gained insights into the cost of MS in USA for Indian students: college-wise fees 2024. However, if you have doubts about the same or want to study in USA, contact our expert counsellors at Meridean Overseas Education Consultants (MOEC). You can also take free online counselling through our website. Our expert counsellors will provide you with the best support and guidance you need for admission and visa. In addition, they will help you shortlist the universities according to your profile. For more information or any queries, contact application02@meridean.org or 1800-1230-00011.

FAQs

Question- What is the average cost of MS in USA?

Answer- The price of an MS program in the United States varies by university and subject. That should, however, cost you INR 30 lakh or more on average over a year. The cost of living in the United States is not included in this amount; it is simply for studying. These expenses are also computed annually for overseas students. Students must thus use caution while examining all expenses.

 

Question- How can I reduce the cost of my MS in USA?

Answer- As a student, you can easily reduce the cost of an MS in the USA with the help of various scholarships or by applying for the teaching assistant or research assistant designation.

 

Question- What are some of the top colleges for pursuing MS in USA?

Answer- Among the best colleges in the USA to pursue an MS include Stanford, Caltech, MIT, University of Pennsylvania, Duke University, and others. When applying to MS programmes in the USA, overseas students can consider a more significant number of US colleges. Students must verify all information and potential universities before submitting an MS admissions application to a US university. 

 

Question- Can you name some affordable colleges from where I can pursue MS in USA?

Answer- Some of the affordable colleges to pursue MS in USA are:

  • University of Central Florida (UCF)

  • University of Texas at Dallas (UT Dallas)

  • North Carolina State University (NC State)

  • Arizona State University (ASU)

  • University of Illinois at Chicago (UIC)

  • University of Houston

  • University of Utah

  • University of South Florida (USF)

  • University of North Carolina (UNC Charlotte)

  • University of Massachusetts Boston (UMass Boston)

 

Question- Is MS in USA costlier than MBA in the USA?

Answer- No, MS is not more expensive than an MBA in the USA. This is because MBA is valued more highly and is more popular there; as a result, MBA costs are twenty times more than MS fees. Since MBA programs are among the most costly for overseas students to enrol in the United States, both the tuition and living expenses are high. MS students in the USA have access to well-paying part-time employment that may assist them in at least meeting their living expenses, and the tuition for these courses is relatively inexpensive. 

 

Question- What are some of the top courses in which I can pursue an MS from the USA?

Answer- Among the best courses are MS Computer Science, MS Electrical and Computer Engineering, MS Mechanical Engineering, etc. Additionally, students can choose their MS specialisation depending on their undergraduate courses, which might assist them in selecting the best master's program in the United States. Exceptions to switching streams are also possible as long as the candidate meets all admission requirements. 

 

Question- How can MS students in the USA lower their overall cost of studying?

Answer- The student is qualified for assistantships or teacher training if enrolled in an MS program in the United States. International students can work together to get experience while studying using these possibilities. Another benefit of studying MS in USA is the availability of experience and paid internships in the form of research and teaching for all students. These training and assistantships are a part of research pieces of training with the faculty and are also paid. 

 

Question- What are other equivalent options of MS in USA in terms of costs?

Answer- Regarding expenses, candidates can enrol in short-term courses in the United States that range from a few days to a few weeks. Candidates can upskill in the fields of their choice with the aid of these courses. These courses are widely accessible and reasonably priced. Furthermore, becoming certified upon completion is an extra benefit enhancing resume representation. However, if candidates choose to go more into the subject, they can opt for an MS in the United States; however, expenses would increase somewhat in such instances. 

 

Question- How much rebate can I get for MS in USA cost for study?

Answer- The applicant's application and the quality of their academic background determine the MS cost rebate in the USA. International students can apply for between 20% and 30% of the concessions or cost exemptions available for MS programs in the USA. In addition to scholarships awarded based on merit, candidates who meet the requirements may be able to apply for external scholarships, loans, and grants. Because of this, they are easily accessible; nonetheless, candidates must carefully review before applying and choosing to do so.  

 

Question- Is MS in India cheaper than MS in USA?

Answer- MS in India is always less expensive than MS in the USA. Compared to private sector institutions, MS students at government colleges and universities in India often pay even less for their education. The average cost of MS in the USA is at least ten times greater than that of MS in India. Even though the cost of MS in USA is higher than that of India, it has great benefits like the availability of all the courses, having world-level exposure, better work opportunities and much more. 

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