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Proof of Funds: Amount Needed to Study in USA

The amount needed to study in the USA will vary depending on the specific school, program, and location of the institution. However, the U.S. government requires that international students provide proof of financial support to cover the costs of tuition, fees, living expenses, and other miscellaneous expenses during their studies in the United States.

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As of the cutoff date of my training (September 2022), the estimated annual cost for an international student to study in the USA was between $25,000 and $70,000, depending on the school and location. This amount covers tuition fees, living expenses, health insurance, and other miscellaneous expenses.

To prove financial support, international students are required to submit a bank statement or a letter from a financial institution showing that they have enough funds to cover their expenses for the duration of their studies. The exact amount required will vary depending on the specific institution and program of study, so it’s best to consult the school’s international student office or website for specific requirements.

It’s also worth noting that some schools may offer financial aid or scholarships to international students, which can help reduce the overall cost of studying in the USA.

Source:Educationweb.com.gh

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