When calculating the annual cost of a US education at a particular college or university, add at least $6,000 Appox. to the published cost of tuition, fees, and room and board. The College Board publishes college costs, required admissions tests, and other useful information in The International Student Handbook of US Colleges.
When preparing a budget, you will need to account for the following costs:
If you bring other family members with you, assume that your annual expenses will increase about 15% or $5,000 Appox. for each additional family member.
If you wish to buy a car, assume that it will cost you around $4,000 a year.
If you will be traveling during the summer, assume a cost of $50 to $75 Appox. a day for touring. If you will be continuing your education during the summer, add half the figure you calculated for the full year.Assume that your costs will increase by about 5% per year due to inflation. Do not forget to include an allowance of about 10% to account for changes in exchange rates.