USA
When calculating the annual cost of a US education at a particular college or university, add at least $6,000 Appox. to the published cost of tuition, fees, and room and board. The College Board publishes college costs, required admissions tests, and other useful information in The International Student Handbook of US Colleges.
When preparing a budget, you will need to account for the following costs:
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Application fees about $50 to $75 per school. |
| 2. |
Academic entrance examinations will cost you around $100 to $200 per examination, and most students take at least 2 tests. Assume that you will be spending at least $500 on tests. |
| 3. |
Tuition and fees will cost between $5,000 and $30,000 Appox. per academic year (9 months),depending on the type and quality of institution. |
| 4. |
Books and study materials will cost $500 to $1,000 Appox. per academic year. |
| 5. |
Travel costs to the US vary, but will be between $500 and $2,000 Appox. Travel costs within the US will be between $300 and $700 Appox. |
| 6. |
Room and Board will cost between $3,000 and $7,500 Appox. annually. Allow an extra $1,000 to $2,000 for vacation periods when the dormitory might be closed. |
| 7. |
If you will be living off campus, the cost of renting an apartment will be between $300 and $600 a month, but could be much higher contingent on the location of the school. Meals should cost about $2,500 a year, assuming that you do not eat in restaurants too many times. |
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Clothing will cost $500 or more annually. |
| 9. |
Health insurance will cost $300 to $500 Appox. a year per person, $2,000 to $3,500 Appox. per family. |
| 10. |
Personal expenses will cost around $2,000 Appox. per year. |
If you bring other family members with you, assume that your annual expenses will increase about 15% or $5,000 Appox. for each additional family member.
If you wish to buy a car, assume that it will cost you around $4,000 a year.
If you will be traveling during the summer, assume a cost of $50 to $75 Appox. a day for touring. If you will be continuing your education during the summer, add half the figure you calculated for the full year.
Assume that your costs will increase by about 5% per year due to inflation. Do not forget to include an allowance of about 10% to account for changes in exchange rates.
Use the financial planning worksheet to estimate your costs for a year of study in the US. Be realistic when estimating costs for personal expenses.
For More Information Log onto:-
URL:- www.travel.state.gov/visa/temp/types/types_1268.html
AUSTRALIA
| An Australian Government survey showed that in terms of total costs-including tuition fees and living expenses-Australia was consistently less expensive than the USA and UK. Tuition fees will vary contingent on the course or institution. This website provides average costs as a guide. Living costs too will vary by location, course and lifestyle. |
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| 1. |
Australia offers excellent value for money, with living expenses and tuition costs in Australia considerably less expensive than the United Kingdom (UK) and the United States of America (USA). |
| 2. |
Tuition fees vary according to the institution and course selected but this website provides a guide to the average costs. Scholarships are available for international students but the competition is intense and most of the international students in Australia are full-fee paying students. |
| 3. |
The average international student in Australia spends about $320 per week on housing, food, clothing, entertainment, transport, international and domestic travel, telephone and incidental costs.This is a realistic guide, but remember that individual circumstances will vary by location, course and lifestyle. |
| 4. |
International students studying in Australia are required to have Overseas Student Health Cover (OSHC) for the duration of your student visa in Australia. Students in Australia are also responsible for their own accident and property insurance. It is a good idea to take out travel insurance before leaving your country to cover lost baggage, cancellation of plane tickets and repatriation. |
| 5. |
International students can work while studying in Australia but the money you earn should not be used as your only source of income. To be granted a student visa in Australia you need to have adequate means of financial support. |
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NEW ZEALAND
Many international students admire the high standard of living in New Zealand. In general, the cost of living is akin to that in Australia, and less than in Britain. The cost of education, in particular, is highly competitive, which means that in New Zealand, you can afford a world-class education.
It costs 45 cents to post a letter within New Zealand. A Big Mac at McDonald's costs $3.95. Local telephone calls are free. It costs between $8.50-$12.00 to go to the movies. Public transport is more expensive than in countries with greater population density. It is recommended that tertiary students budget for up to $20,000 in living expenses per annum.
For more Information Log onto:
URL: www.immigration.govt.nz/migrant/stream/study
CANADA
The cost of living in Canada is moderate, compared with other countries. Some prices of typical goods and services are as follows (in US dollars) :
- 1. One month's lodging, one-bedroom apartment: $400.
- 2. Bus fare, one way: $1.50.
- 3. Local telephone call: $0.25.
- 4. Modest restaurant meal: lunch $7/dinner $14.
- 5. Movie: $7.
Canadian winters are chilly, an adequate warm clothing budget is essential. Budget around $250 - $350 US for proper winter wardrobe.
You will need approximately $12,000 US ($18,840 Cdn or 13,000 Euro) to cover your expenses for an academic year. This includes your tuition and living expenses but not your air-fare. Please remember that this figure is an average only. Actual expenses may vary depending on the region of the country you live in, the tuition fees at the university you attend and your field of specialisation. Consult us to assist with your financial planning
For more information Log onto:
URL: - www.cic.gc.ca/english/inFORMation/applications/student.asp
Switzerland
Accomodation ( Sharing) CHF 100 - CHF 150 Per Month
Food CHF 400 - CHF 600 Per Month
Transportation & Other CHF 150 - CHF 300 Per Month
For more details please visit:
http://www.swissworld.org/en/education/?gclid=CJjUj860oJwCFZcwpAodOwidcA
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