Cost of Education in US: A lot of money is required to study in America, because the fees here run into lakhs of rupees. Most of the students going to study from India are able to study in America only by taking education loan. In top colleges the fees are even higher. However, now the question arises that if someone wants to study in the top-5 universities of America, then how much money is required for that? Let us know the answer to this question.

Massachusetts Institute of Technology (MIT)

According to the QS World University Rankings, Massachusetts Institute of Technology (MIT) is not only America’s but also the number one university in the world. The average annual tuition fee here is $58,000 (approximately Rs 50 lakh). Apart from this, the cost of living and eating on campus also ranges between 18,000 to 22,000 dollars (approximately Rs 15 lakh to Rs 19 lakh). The acceptance rate in this university is also only 5%. (web.mit.edu)

Harvard University

You also need to have good money to study in Harvard University, America’s second largest institute. The average annual tuition fee at Harvard University is $54,000 (Rs 47 lakh). The cost of living and eating in this university is quite high. On an average, a student here spends 20,000 to 25,000 dollars (approximately Rs 17 lakh to Rs 21 lakh) in a year on accommodation and food. (college.harvard.edu)

stanford university

According to QS World Universities, Stanford University is the third best university in America. The acceptance rate of this university is only 4%. The average tuition fee here for one year is $ 56,000 (about Rs 48 lakh). Not only this, but the living expenses can also range from 22,000 to 25,000 dollars (19 lakh to 21 lakh rupees) annually. (orientation.stanford.edu)

California Institute of Technology (Caltech)

You need a lot of money to study at Caltech, one of the best technology universities in the world. The average tuition fee here for one year is $60,000 (about Rs 51 lakh). The average annual cost of living here is between 18,000 to 22,000 dollars (approximately Rs 15 lakh to Rs 19 lakh). Caltech’s acceptance rate is just 3%. (caltech.edu)

University of Pennsylvania

According to the QS World University Rankings, the University of Pennsylvania is the fifth best university in the United States. The average annual tuition fee here is $66,104 (Rs 57 lakh). The living expenses are 12 thousand dollars (about 11 lakh rupees) annually, while about 6 thousand dollars (about 5 lakh rupees) are spent on food annually. Thus, the cost of living and eating here is around Rs 16 lakh. (upenn.edu)

#America's top colleges #Cost of Studying in the United States #Fees of America's top universities for Indians #How important is education in America? #How much do you need to study in America #how to get admission in america #how to study in usa #Study Cost at Top 5 Universities in America #Study in America's top-5 colleges #US college fees for Indian students

MIT, Harvard, Stanford… How much money is needed to study in America’s top-5 universities? Understand the expense account

Massachusetts Institute of Technology (MIT)

Harvard University

stanford university

California Institute of Technology (Caltech)

University of Pennsylvania

Leave a Reply Cancel reply