
Are you a Bangladeshi student considering studying in the United States? One of the most significant factors to consider is the cost of education. Get a 360-degree idea about how much it costs to study in the USA from Bangladesh. Knowing the absolute cost of study keeps you one step ahead in your study abroad journey. It makes you mentally prepared to opt for something you can achieve. In addition, you'll need to consider the exchange rate between the Bangladeshi taka and the US dollar. In this article, UniSearch experts will help you navigate all the expenses involved and make the most of your education in the United States.
How Much Cost to Study in the USA from Bangladesh: At A Glance
The cost of studying in the USA varies greatly depending on the university, city, and study level. There is no one-size-fits-all. Also, you need to cover other expenses like accommodation, transportation, and other living costs. Additionally, your living cost in the USA will also vary by location and your lifestyle choices.
8 Factors Behind the Cost of Studying in the USA from Bangladesh
Studying in the USA is a dream for many Bangladeshi students who want to pursue higher education abroad. However, the cost of studying in the USA can vary significantly based on various factors. In this article, we will discuss eight factors that contribute to the cost of studying in the USA from Bangladesh.
1. University Type
The type of university you choose to attend can have a significant impact on the cost of your education in the USA. Public universities generally have lower tuition fees than private universities, but they may not offer as many scholarships or financial aid options. On the other hand, private universities can have higher tuition fees but may have more generous financial aid packages. For example, if you compare the estimated tuition and other expenses for studying at a private university in Chicago versus a public university in Los Angeles, there are several factors to consider. Firstly, tuition fees are likely to be higher in a private university in Chicago compared to a public university in Los Angeles. Private universities tend to have higher tuition fees as they receive less government funding and rely heavily on student tuition fees. On the other hand, public universities receive a significant amount of funding from the government, which enables them to offer lower tuition fees. Secondly, the cost of living in Chicago is generally higher than in Los Angeles. This means if you study in Chicago, you will need to budget more for accommodation, food, and other expenses. However, the exact cost of living can vary depending on the specific location of the university and your lifestyle. In terms of the overall educational experience, both private universities in Chicago and public universities in Los Angeles offer high-quality education and access to a range of academic and extracurricular activities. Private universities may have smaller class sizes and more personalized attention, while public universities may offer a wider range of courses and research opportunities. Ultimately, It’s your decision. You need to choose which university would be the best for you based on your academic goals, financial situation, and personal preferences.
2. City/Location
The cost of living in different cities in the USA can vary significantly. For example, living in New York City or San Francisco can be much more expensive than living in smaller cities or towns. Housing, food, and transportation costs can all vary depending on the location of your university. For instance, in Chicago, the average cost of renting a one-bedroom apartment is around $1,700 per month, while in Arkansas, it is around $700 per month. This is a significant difference in cost, with Arkansas being the more affordable option. Again, the cost of food in Chicago is generally higher compared to Arkansas. However, there are also more dining options and a wider variety of cuisine in Chicago, which can make it easier to find affordable food options. So, choose the location of your university according to your ability and lifestyle.
3. Study Level
The level of study also impacts the cost of studying in the USA. If you add up the four years of an undergraduate program, it may round off to more than a one or two year graduate program. Additionally, some specialized programs such as law, medicine, and business may have higher tuition fees due to their specific requirements and curriculum. For example, The annual cost of pursuing a Bachelor's degree in CSE at the University of California - San Diego is approximately $64,200, which includes tuition, fees, room and board, and other expenses. On the other hand, for a Bachelor's degree in Social Sciences at the University of Wisconsin-Madison, the estimated cost is around $57,500 per year, including fees, accommodation, and other expenses.
4. Application Fees & Visa Processing
The cost of application fees and visa processing fees can also add up. According to the US Department of State, the fee for a nonimmigrant visa application is $160, while the fee for an F-1 student visa application is $350. There can be other expenses like university application fees of $90-$120, and other processing expenses of $80-$150. A total of $680-$800 would be your application and visa processing costs.
5. Tuition Fees
According to the Institute of International Education (IIE), the average undergraduate tuition fees for international students in the USA for the 2020-2021 academic year were around $25,000 per year. However, this can vary significantly depending on the university and the program of study you choose. Some programs are going to have higher fees depending on whether they are a public or private institute. Private institutes typically charge higher fees compared to public or state universities. Programs offered by community colleges, where you can complete associate bachelor’s degrees before transferring to a university, can make the full cost of an undergraduate program lower for you. You’ll also find a difference between the yearly tuition of undergraduate and graduate programs. Depending on the program, tuition can vary too. For example, technical subjects that require more resources, time, and costs, like Medicine and Dentistry, can cost more. Remember to compare the tuition fees of your chosen program at different institutes. Even location can play a role, as universities in cities with higher costs of living can charge higher tuition fees. Thoroughly researching your options is the best way to find the right program for you that fits your budget.