Financial Guidance

Cost of studying abroad:

Let’s find out the expenditure you will incur to study abroad. The tuition fee is your primary expense. Our counsellor at IAEC will guide you step by step. Apart from tuition fee, there are other expenses such as accommodation, food, health insurance, communication and travel fare.

Tuition Fee:

Destination Tuition Fee for Master’s
(Depending on the University/Program)
THE USA USD 20,000 TO 45,000 Annually
CANADA CAD 17,000 TO 25,000 Annually
AUSTRALIA AUD 20,000 TO 42,000 Annually
THE UK £10,000 TO 20,000 Annually

US Student Visa Cost:

Approximately USD 160 for student visa application fee.


You can choose from various types.


Off-Campus (Sharing Apartment, Paying Guest)

If you rent an apartment, you will have to pay for Electricity, Water Usage and Internet etc.

The average cost of your accommodation in America is somewhere between $6,000 and $14,000 per year. Rentals vary from region to region.

Our counsellor will explore the various types for you.

Living Cost:

The expenditure depends on the region you stay in. These include mainly grocery, stationery, utilities, phone bills and emergencies. The average cost in the US is between USD 10,000 and USD 25,000 per year depending on the city you live in.

Travelling expenses:

You have to spend for travelling on public transport like regional trains, buses, and subway travel. Average travelling cost in the US is USD 500-USD 1200 annually.

Health Insurance:

Health Insurance is mandatory for international students. It will save you from health issues. The average cost of Student Health Insurance in the US lies between USD 1,500 and 2,500 annually. You will be suggested on this by our Counsellor.

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