You may have read the recent article MS/MBA Cost of Living in USA – $250 or $950? Why difference ? by me corresponding to off campus living of Graduate student. In this article, check out the expenses from an Undergraduate’s perspective written by our guest author a recent Bachelors graduate.
Article by Guest Author
Below are just the basics…These expenses will vary greatly depending on your spending habits and the number of roommates you have, but here’s a rough idea of what is possible.
|Tuition||This will vary greatly depending on whether you are paying in-state vs out-of-state, are receiving scholarship, and or another form of financial aid.|
$5000 – $15000 / semester
|Rent||On Campus: This will generally be charged to your student account along with your tuition, but will vary by school as well.|
$3000-$5000 / semester
Off Campus: This will vary by how many roommates you have, and the size of the city. In a smaller city, the rents will be lower, maybe$500 – $700 / month for a 1-2 bedroom apartment. In larger cities, it will be more.
|Utilities||These will vary by location and some may be included with rent.|
Electricity, Heat (this can vary greatly throughout the year, especially in colder climates – it is advised that you try to have this included in rent when living in a colder climate), Water, Cable/Internet, etc.
|Phone||Most students don’t use landline phones anymore, so most just have a cell phone. Cell phone costs vary depending on plan and carrier, but I would budget about $50 / month.|
|Food||If you are living on campus, you will probably be required to have a meal plan, so you are covered, but you may want to order a pizza or Chinese at some point (approx. $15 for each order).|
If you are living off campus, you may or may not be eligible for a meal plan, but I would definitely suggest that you cook for yourself. You may split the grocery bill and cooking responsibilities with roommates. I would plan on $100 / month for food (not including ordering in). Of course, this varies by the quantity of food you will consume and your tastes/food preferences.
|Travel||This will also vary greatly. Around town, most local bus systems are free (or at least reduced-fare) for students with a campus ID.|
***If you decide to have a car as an undergraduate, you will have the added cost of up-keep, gas, registration, and insurance.
About Guest Author :Kristal recently graduated from a State University in US with B.A and B.S in Economics, Mathematics, and Spanish Majors. She is going to attend a reputed University for PhD in Economics in fall 2010 with full funding. She will share her undergraduate experiences and PhD admission tips with our readers.
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