The quality of education offered at US universities is unmatched by universities in other countries, despite the fact that studying in the USA is more expensive than studying abroad. You will be proud of yourself for choosing to study in the United States, and your studies will lead to numerous career opportunities.
However, the news claims that a lot of students have given up on their education due to financial difficulties. What causes this to occur? Do students in the USA really have to pay so much for education, or are they not handling their money well enough? Finding the answers to these many questions is necessary. If you want to study in the United States, you must spend your money wisely.
In this post, we’ve covered some advice that will help you make prudent financial decisions while travelling there. Additionally, you can get in touch with the top US visa consultants in Ludhiana, if you’re looking for reasonably priced immigration services.
How to cut costs when studying in the United States
The following guidelines must be adhered to if you wish to save costs while studying in the United States:
Prepare a Budget
The best method to manage your money is to create a monthly budget and follow it religiously. You can include lodging, transportation, groceries, and other expenses in your budget plan.You can quickly determine how much money you need to spend each month this way.
This plan will assist you in cutting back on wasteful spending, which will result in significant savings for your bank account. We’re not suggesting that you create an Excel sheet, so don’t worry. It’s as easy as writing a list in your notebook and taking a photo of it with your phone. Because of this, you can simply review your spending plan before heading outside to go shopping or have fun and make responsible decisions.
It will be too costly for you to live in a dorm if you intend to live on campus. A hostel costs between $1200 and $1500 per month on average.
Living off campus is therefore a better choice if you want to manage other living expenses with the money you save. It does not, however, imply that you will live in a private apartment, which is also very expensive. You can save money by living in a shared apartment or basement.You can save between $450 and $500 a month in this way.
Awards for Scholarships
US university scholarships can relieve some of your financial burden related to tuition. But if you want to be eligible for a merit-based scholarship, you have to put in a lot of academic work. You will undoubtedly be able to obtain a scholarship to pay for your tuition for the following semester if you do well in the first semester.
In order to help international students easily manage their finances and make money while studying in the United States, the US government permits them to work part-time jobs. As a result, you can work for a minimum wage of $16-$20 per hour for 20 hours per week. Working just 20 hours per week allows you to easily manage your studies while also saving money for household expenses.
Opt For Public Transportation
We are aware that many students studying in the United States have the dream of owning a car, but they are unaware of the high cost involved. Car maintenance is extremely expensive in the United States. Furthermore, you will incur significant costs as you will need to pay for gasoline and diesel. As a result, using public transportation like buses and trains is preferable. By doing this, you can save over half of the money, which you can use for other purposes.
Purchase Pre-owned Books
Purchasing new books is going to be a costly option. Thus, purchasing used books is an affordable choice. Used books are available for less than half of their original cost. To gain free access to books, a library card can be purchased.
Do you have any questions about the total amount of money needed to study in the United States? If so, you can get in touch with immigration consultants in Ludhiana.
In conclusion, you will not be able to get by without money in the United States since you will not be able to pay for necessities like food and housing. To save enough money while studying in the United States, make sure you have enough in your bank account and follow the previously mentioned advice.