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How to Calculate Total Tuition Fees from I-20

Raghuram Sukumar —  June 9, 2010 — 33 Comments

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

I’m 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?

I-20 and 9 Months Fee

Universities issue I-20 for 9 months or 12 months. Many students don’t 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 ]

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
  • 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.

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, that’s 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. You will be required to take atleast 9 credits per semester. You 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

I can add more combination to above 3. But, you should get the idea by now.  You have more flexibility to take courses you like and at the pace you like.  You might be interested to take 2 more courses that doesn’t 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.

Raghuram Sukumar

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Raghu is the founder/developer of Happy Schools Blog. You can learn more about him here and connect with him at Google +.

33 responses to How to Calculate Total Tuition Fees from I-20

  1. Hi,
    pls inform me about the total credit distribution for undergrad program.
    Regards,
    A.K.M Lokman

  2. Hi,
    Pls inform me about job facilities for Students in USA.
    And how can they get part time job easier process ?
    Can they take help from University for their job?
    I will be pleased if you Ans me.
    Regards,
    A.K.M LOKMAN

  3. Can i know the fee structureper year for MS in USA
    Any one please reply
    urgent

  4. Hi, I am an Indian national and currently deputed in Johannesburg, South Africa by my current employer since Feb 2010. I have received admits from Buffalo, Binghamton and Arkansas. I wanted to ask
    whether I can undergo my visa interview at the US consulate in South Africa or I have to come to India (my home country for the interview)?

    Really appreciate a response from you. Thanks & Regards, Prasad

  5. sir,
    my doubt is about instate n out state. how can the fee be less for in state students… n who r considered as in state students…?
    thank u

  6. has any one attended visa for the spring intake so far….if yes…then pls post your experience……..

    • I have a very small mistake on my passport address page.
      for eg : the building number/house number which is 506/92 is printed as 06/92.
      With this address my passport has reached hme with no issues.
      Will it cause any problem during my iterview or during my stay at US??
      please reply…urgent

  7. well wisher girl July 7, 2011 at 2:39 AM

    Hi ,

    My i 20 shows amt $ 25,000 as first year tuition and expenditure .
    my course is of 2 years duration.

    For first year i have $ 30 ,000 in my saving account ( thru family funds and personal savings ) and for second year my company is sponsoring me…
    now wht do i have to show apart from my company s sponsorship letter…???
    plz guide me … am gonna have my interview in less than 15 days.

    thankss

    Reply

  8. Hi everyone,
    My name is Ben. My GRE score is 1160 and TOEFL is 80. My aggregate is 69.30% and have no backlogs. I got an I20 from LIU Brooklyn. I have my visa interview in Hyderabad on 13/July/2011. What are my chances of survival. Please do reply.

  9. I have got I 20 from USP..The amount of tuition and fees for 12 months mentioned on my i-20 is $ 32,180…The tuition rate per credit mentioned on website is $ 1339. So if i take 18 credits in 12 months then the amount should be around $20400. so how come it is 32180 in i-20? can anyone explain me the distribution?

  10. can u please suggess me that admissin for MS in USA will be on which basis?

  11. hello.. i have completed my mechanical engineering with 70% marks and i want to do masters nd to continue my field may i know how many master degrees shpuld be provided me by CANADIAN universties… and also i wanna know about total fees structure pls inform me as i m a fresher for all this……

    THANKS

  12. I have problem in calculating total cost in the following cases :

    Course :- Master of Science in Computer Science

    1) University Name :- Middle Tennesse State University

    Fees : – $9240 for 12 hrs

    2) University Name :- University of Northern Varginia

    Fees : – $375 per credit hr (42 credits)

    3) University Name :- Syracuse

    Fees :- $1117 per credit/unit

    4) University Name :- Georgia Institute of Technology

    Fees :- 11871 Total for 12 or more Semester per Credit Hours

    5) University Name :- New Jersey Institute of Technology

    Fees :- $1137 per credit hr ( number of credit hrs are not given)

    Please say how to calculate total fees of the course in each of the above case!!!

  13. HELLO HSB,

    HEY I'VE A DOUBT REGARDING MY COURSE STUDY AS THE COURSE STUDY DURATION GIVEN IN MY I-20 IS AS 28 MONTHS(MAX) WHAT DOES THIS MEAN IS IT 2YEARS COURSE STUDY OR 2YEARS+4MONTHS OF STUDY…PLEASE HELP ME OUT IN THIS REGARD AS IVE TO MENTION THIS IN MY BANK LOAN APPLICATION

  14. Hi,

    My question is related to the above mentioned post. I have got i-20 from Rochester Institute of Technology. Here quarter system is prevalent. My i-20 shows $33000 for first nine months(Three Quarters) . The credit hours considered are 12-18 for one quarter. And per credit hour costs $924. I don't know what would be total fees for two years for completing the course. Whether it would be $33000*2=$66000

    OR

    $924*45=$42000 where 45 are total credit hours required to complete the course.

    Please sort out my doubt and also state that which to choose Rochester Institute Technology / Missouri university of science and technology

  15. Hi all,

    I am not sure whether it is the right place for asking the VISA related questions.I got my VISA interview on Friday , so please can any one help me by answering these questions.

    – Why USA ?

    – What if your VISA is rejected?

    – Any body language to be maintained while answering the questions?

    - My GRE mark is 950 , TOEFL – 87 so will there be any problem in that one ?

    – Abt me : BE aggregate 71% , no history backlogs , no gap in studies, 2 yrs working experience, no bank loan,.

    Regards,

    Deva

  16. yup.. thats true.. :D

  17. And ya by the way,

    i have applied for MSEE

    my undergrad is Electronics & Communication Engg.

    Not sure i posted the query at the right please but kindly excuse or let me know where to post it but ya your expert view would have huge impact both on me and my career

  18. Hello HSB,

    I saw the flow chart that you have created , I must say that it was very very helpful cleared most of my doubts but here I have 1 doubt about thesis , do you have to be like really born intelligent to complete a thesis or will hard work suffice because I am no born intelligent the reason why I am asking you this question is I just don't want to complete my Masters studying few more subjects.

    Thank you

    • So, you are like me :) Anyone can complete thesis. I have to write a blog post on this topic.
      FYI – Completing thesis or course only doesn't make much difference when it comes to job search.

      • Thanks a lot HSB,

        Ya job in USA is the ultimate dream but I am looking for something extra you know and I believe by doing thesis or project one can gain that extra bit of knowledge( proof 8th sem BE) .

  19. hi

    i got an admit from CSU LB in the i-20 it is written as 12,000$ for 12months what does it mean ? and how much loan should i apply for?

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

    • In public universities, if you are a resident of the state in which the university is located (for example, if you are a Texas resident and apply to University of Texas at Dallas), then you pay 'in-state fees'. In-state fees are much lower than tuition for out-of-state fess. Of course, international students on F-1 visa (who do not live in the US) pay out-of-state fees.

      In private universities, everyone pays the same tuition fees.

  21. hello
    after applying to the universities,how much time will it take to get the i-20.and for jan-2011 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

  22. U know what, i am on cloud nine. HSB has finally replied to me GOD ! JUS JOKING MATE…thanx 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 ?

    • When do I reply
      - If questions are unique and not answered previously in blog post, I will reply to that.
      - If its related to something, for which finding answer involves your effort, but you are posting without any research, I will not reply
      - If you post question unrelated to the article, I don't reply to the comments (usually)

      • HELLA MR.HSB ! thanks for writing again.well i have been doing my quota of research for the F-1 VISA and every other thing related to it..so here is my question and ya i would'nt be taking a shower lest you reply my query,you mean the world to me !ok here it goes

        Already applied to 5 UNIZ for fall 2010,got one I20 so far.
        written the Gre twice in 2 months without prep.
        First gre score – 730
        Second gre score – 890
        toefl -90
        UG aggregate – 78 %
        good sop and lors
        have some computer courses certificates
        good co-curricular and extra-curricular activities
        NO FINANCIAL CONSTRAINTS !!
        well,here is my problem.i am currently waiting I20 from my most preferable UNI.i would schedule for the VISA intervw the day i got it.my query to you is about my VISA CHANCES !!! will i get a FI VISA with the above said credentials. i know the GRE scores are low but i have seen people getting through with scores touching 800 as well. kindly encourage and i shall not forget you.

        • I have seen students get visa without GRE Score. So, you can get Visa, provided you answer the questions right.

  23. You have mentioned combinations starting from Fall 2010. Can u tell few combinations similar for Spring……Like if i m starting in Spring 2011, then how its goes ??

  24. 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 have’nt 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.

    • 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.

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