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How to Calculate Total Tuition Fees fro

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How to Calculate Total Tuition Fees from I20

by HS B on JU N E 9 , 2 01 0 in F . A . Q'S

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Students getting ready for Fall 2010 will be in the process of getting education loan approved and other F1 student visa documents. I received following question about how to calculate total tuition fees for complete Masters degree from I-20 Im a little confused here with the fee system at Missouri, Rolla. It says $28,500 per yr i.e., 9 months. Bank manager asked me this when he saw the $28500 per yr in the I-20. He thinks that this is the fee for 1 yr. How will I know the fee for 2 yr. Also, is it possible to finish the course in a yr or not?

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I-20 and 9 Months Fee

Universities issue I-20 for 9 months or 12 months. Many students dont know the difference between 9 month and 12 months fee structure in I-20. 9 Months = 2 Semesters = Fall and Spring 12 months = 3 Semesters = Fall, Spring and Summer In above case, I-20 is issued for 9 months, with total fee of $28,500 ($15,992 Tuition + Living + Books + Insurance) for total of 18 credits. For total tuition fees calculation just consider $15,992. Living, Books fees will vary and most of the time Tuition and Others (Insurance). [ Example tuition fees and I-20 ]

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Total Fees for 2 years

Requirements to get Masters from US universities will be listed on the department page. In above case to complete M.S. student have to complete 30 credit hours. 18 credit will cost $15,992 Cost per credit = 15,992 / 18 = 888

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10-Jun-10

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Total Cost for 30 Credits = 888 * 30 =~ $26,650 If you were to complete Masters by paying out of state fees, your total tuition fees will be $26,650 Then you add cost of living and other small fees to above total. Instate fees will be probably 1/3rd of the above fees + you will get stipend monthly.

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Masters Degree Duration

Usually, Masters degree will not take exact 2 years to complete. If you are from India, B.E. will take 4 years and each semester will have fixed number of courses that you have to complete to get B.E. degree. But, thats not the case while studying in America. Depending on how many credits you take and which semesters you take will determine the total time to complete M.S. Y ou will be required to take atleast 9 credits per semester. Y ou can take more, but it will be tough to manage workload with 9+ credits per semester. Example time-line to complete 30 Credits Fall 2010 9; Spring 2011 9; Summer Break; Fall 2011 9; Spring 2012 3 Fall 2010 9; Spring 2011 9; Summer Internship; Fall 2011 Internship + 3 credits; Spring 2012 9 Fall 2010 12; Spring 2011 12; Summer 6 Flowchart Masters Degree Course and Duration For visual overview of degree plan. I can add more combination to above 3. But, you should get the idea by now. Y ou have more flexibility to take courses you like and at the pace you like. Y ou might be interested to take 2 more courses that doesnt count towards 30 credits from different department and it will add more time to your Masters course duration. If you have more questions about course duration or I-20 fee structure, loan process, .. leave a comment below. Related posts: 1. 2. 3. 4. 5. 6. I-20 Sample : Tuition Fees Breakdown I-20, Tuition Fees and Bank Balance Explained College Tuition Fees : In State vs Out Of State Fees MS in US 1, 2 or 3 Y ears? In-State Tuition Fees for H-1B Workers in Washington State Will Professor Pay My College Tuition Fees?

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{ 6 comments read them below or add one }

yaw effah
June 1 0, 201 0 at 3:31 A M 1

Rate Y our Resume Why International Students are Unique

What do you mean when you say,in state tution fees?

REPLY

naveen

June 1 0, 201 0 at 3:08 A M

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hello after applying to the universities,how much time will it take to get the i-20.and for jan2011 when is the right time for applying to the universities, have the universities started taking the applications.i am taking my gre in july so suggest me the time for me to apply to the universities
REPLY

HSB FOLLOWER

June 1 0, 201 0 at 2:21 A M

U know what, i am on cloud nine. HSB has finally replied to me GOD ! JUS JOKING MATEthanx for writing back.you are my own little AMAZON ! i am having sleepless nights[applied for fall2010] ,got to ask many things from you ? should I or you follow the [one reply a day is enuff] principle ? jokes apart..i am in a dilemma but wasnt sure you would reply my query ever.i would only post my query after getting the nod from ya.mine is genuine problem.have some compassion please ?
REPLY

Tapas

June 1 0, 201 0 at 1 :05 AM

Y ou have mentioned combinations starting from Fall 2010. Can u tell few combinations similar for SpringLike if i m starting in Spring 2011, then how its goes ??
REPLY

kintu

June 1 0, 201 0 at 1 2:1 3 A M

OWW, Now i got the idea how to interpret the I20.ok here is my query MR.HSB ! My I20 says that the normal length of the study is 29 months [i applied for MSEE].why havent they wrote either 24 months [2 years] or a maximum of 36 months[1 year grace] ?.i am in quandary and your expert view on this would definately help.
REPLY

HSB

June 1 0, 201 0 at 1 2:30 A M

Universities have their way of issuing I-20. 29 months is the average for the department. Some of them might finish the course in 20 months, while others will take 40 months (part time, department transfer, ..) all you have to worry is how much it would cost to you based on total credits required to complete the degree. While applying for loan, bank managers will not understand this. Just follow what is in I-20.
REPLY

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