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How to Calculate Total Tuition Fees from I-20?

Students getting ready for Fall 2010 will be in the process of getting education loan approved and other F-1 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 $28,500 per yr in the I-20. He thinks that this is the fee for 1 yr. How will I know the fee for 2 year? Also, is it possible to finish the course in a year or not?

I-20 and Total College Expense

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.


  1. Krutika Shetkar on May 8, 2018 at 12:08 PM

    In 2016 I was planning to attend my sisters graduation
    But my visa was rejected so I’m bit worried whether now my F1 visa will be approved or not

  2. Krutika Shetkar on May 8, 2018 at 12:04 PM

    My fee structure in I20 says $ 29,817 for 9months . Can u please explain me the fee structure

  3. Heena Jain on July 28, 2017 at 11:32 PM

    Hi Raghu,

    Greetings to you!
    I have a query on the expected cost mentioned on I20. I am on H4 currently and have got admission in a US university. I understand that I20 is needed when you try to convert from H4 to F1 or to get an F1 through travel and reentry. Now, suppose I pay the entire fee before my classes start maintaining H4 visa status. After a few days of classes, I want to get an I20 to get the F1 visa. So, in a situation when the fees is already paid, what amount would the university show on the I20? Would it include the tuition fee or not? Would it just be the cost of living plus books and other such things?

  4. PM SIVADAS on May 20, 2017 at 2:57 AM

    I was in the same CATCH-22 situation as described earlier – The Bank needs an I-20 for approval of educational loan whereas the university requires the financial guarantee for the student to complete his studies to issue I-20.
    In such cases, after all the documents for the loan is submitted, some banks agree to issue a letter of intent to disburse the loan, which normally suffices theUS university. However in the letter of intent, it is sufficiently clear that in case the documents are not in order during the processing, the bank reserves the right to reject the education loan. It is easier to get the intent letter approved if a precedence is shown to the bank manager. ( I have samples of letter with me, but there is no provision of attaching it in this thread)
    However such letter of intent is not sufficient for the VISA, and loan approval is required.

  5. Raghu on March 16, 2017 at 6:23 PM

    Schedule a consulting call and we can discuss the pros and cons.

  6. DasD on March 11, 2017 at 9:25 PM

    Hi Raghu,

    I am presently on H4 and have an employer, who is willing to sponsor my H1-b petition in Apr 2017. If my petition doesnt get picked up in the lottery, I plan to join a university for Fall 2017. 

    1. Would there be any conflicts because of applying H1-B and F1 ?

    2. Will this increase the chance of my F1 COS getting rejected ?

    3. Is it better to just apply for F1 to avoid complications?

    Please suggest, Thanks.

    • Raghu on March 12, 2017 at 6:05 PM

      Please Use Ask Raghu to schedule a call. Thanks.

  7. Parth on February 11, 2016 at 10:39 AM

    Hi HSB,

    Indeed a very useful post. However, I have one silly query. When the university sends a admit, do we need to show financial statement of amount worth i20 or twice the i20? i.e, if the i20 amount is 35k$, do we need to show a bank statement of 70k$ or 35k$ in order to receive i20?

  8. sanjay on December 31, 2015 at 6:55 AM

    really Raghu sir , doing a fantastic job .
    sir , what is i20 amount ? Can you please explain me?

    • Raghuram Sukumar on December 31, 2015 at 11:51 AM

      Total value listed on the I20.

      • meet on January 5, 2016 at 8:43 AM


        Is college demand any I 20 fees?

      • Shankar Velli on February 23, 2016 at 5:30 AM

        In my case the college tution fee along with other expenses of college (excluding boarding and lodging) mentioned on website is USD 48,000. Its a 9 months course. The total expense in my thinking would be around USD 58,000 or so (Adding around USD 1,000 p.m. for boarding and lodging). However, the I20 mentions USD72,000? Why is it so? Is it a common practice by universities to keep buffer allowance while mentioning I20 amount?

        • Raghuram Sukumar on February 23, 2016 at 7:30 AM

          Is i20 amount for 9 or 12 month duration?

          • Shankar Velli on February 23, 2016 at 8:08 AM

            It does not clarify the same. I assume it is for the duration of course which is 9 months.

          • Raghuram Sukumar on February 23, 2016 at 8:25 AM

            You can’t assume here 🙂

            I-20 will have that info: 12 or 9-month study. Else I have to see the I-20.
            Other option is to call the grad school and ask them.

        • Raghuram Sukumar on February 23, 2016 at 7:30 AM

          Is i20 amount for 9 or 12 month duration?

  9. Kiran on October 5, 2015 at 10:32 AM

    Hi Raghu,

    I am a regular follower and I highly appreciate all your support for aspiring young students to pursue their Graduate degrees in US.

    I got admit from University of Texas at Dallas for MS in Business Analytics program for Spring 2016. The ISSO office asked me to show the Financial affidavit and Proof of Funds to issue I-20. I am opting for an education loan from State Bank of India for my studies. ISSO is okay to issue i-20 if they get a letter from Bank stating that my Education Loan approved. In my recent discussions with the Bank Manager, it appears like they’re expecting an I-20 as one of the required documents for Education Loan application. Can you please throw some light on the process, does the Admission Letter (I didn’t receive yet) would be sufficient for the loan application? If not, can I provide the estimated expenses to the Bank to process the loan?

    Highly appreciate your advice. Thanks in advance!

    • Raghuram Sukumar on October 5, 2015 at 8:24 PM

      Only Credila would issue you loan with admission letter. National banks require I-20 for loan approval.

      • Kiran on October 6, 2015 at 2:43 PM

        Hi Raghu,

        Thank you very much for the response. In the university’s website (UT Dallas), I found that they would need a Financial proof (in my case, they asked a letter from bank that my loan has been approved) to issue I-20. I believe this is the same case for most of the universities. Wouldn’t this be a dead-lock situation?

        • Raghuram Sukumar on October 9, 2015 at 7:12 AM

          No it’s not. That’s how people have been coming to USA for years.

          • Shankar Velli on February 23, 2016 at 5:17 AM

            Raghu, your answer is confusing. On one side you are saying that only Credila will give loan approval letter before receipt of I20. On deadlock, you say that people have been going to US for years like this. If no bank other than Credila gives loan approval letter without I20 then only people who are taking loan from Credila will be able to go US through this route. Otherwise, it is a deadlock as explained by Kiran. Please clarify.

          • Raghuram Sukumar on February 23, 2016 at 7:30 AM

            I see the confusion. I gave the reply to Kira for his context.

            National Banks in India Ned i20 to issue loan. They don’t consider admission acceptance letter is proof of admission.

            Students send bank statement to get i20 and that’s how I came and everyone else came ti US, by sending bank statement and receiving i20.

            But Credila is only known bank to me who can issue loan based on admission acceptance letter ( without i20).

            You can refer to other related articles to Learn more.

          • Raghuram Sukumar on February 23, 2016 at 7:30 AM

            I see the confusion. I gave the reply to Kira for his context.

            National Banks in India Ned i20 to issue loan. They don’t consider admission acceptance letter is proof of admission.

            Students send bank statement to get i20 and that’s how I came and everyone else came ti US, by sending bank statement and receiving i20.

            But Credila is only known bank to me who can issue loan based on admission acceptance letter ( without i20).

            You can refer to other related articles to Learn more.

      • Shobhit on October 27, 2015 at 4:36 AM

        That is not true. I got a loan from Nationalized bank (SBI) with admission letter. How can the banks wait for I20 to issue the loan when we know that college with not issue an I-20 without the proof of funds.

        • Raghuram Sukumar on October 27, 2015 at 9:08 AM

          SBI is very manager sensitive. Majority of banks will not issue the loan with only the Admission letter.

  10. Mubashir on September 15, 2015 at 9:37 AM

    Hi HSB,

    Could you please list up for the Cheapest Business school , and give a little idea about the Bank Statement containing the minimum amount and how long old should it be.


    • Raghuram Sukumar on September 19, 2015 at 1:12 PM

      Universities have their minimum requirement for bank balance.

  11. A.K.M LOKMAN on April 21, 2013 at 3:31 PM

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

  12. A.K.M LOKMAN on April 21, 2013 at 3:23 PM

    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.

  13. Nandini on May 23, 2012 at 1:20 PM

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

  14. Prasad on February 26, 2012 at 10:54 AM

    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

  15. monisha on December 3, 2011 at 3:39 AM

    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

  16. priya on October 20, 2011 at 2:57 AM

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

    • XYZ on November 4, 2011 at 6:50 AM

      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

  17. well wisher girl on 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.



  18. ben on July 3, 2011 at 11:37 AM

    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.

  19. Shivani on June 10, 2011 at 2:32 AM

    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?

  20. Rajesh on May 14, 2011 at 3:23 PM

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

  21. Raman on August 7, 2010 at 10:21 AM

    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……


  22. Rahil Khera on July 8, 2010 at 12:05 AM

    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!!!

  23. NITEESH on June 23, 2010 at 8:25 PM



  24. rohan on June 20, 2010 at 8:32 AM


    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


    $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

    • HSB on June 21, 2010 at 6:51 AM

      $42,000 sound about right considering the numbers you have stated.

  25. Deva123 on June 16, 2010 at 6:54 AM

    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,.



  26. gautam on June 14, 2010 at 5:53 PM

    yup.. thats true.. 😀

  27. HSB FOLLOWER on June 10, 2010 at 7:48 PM

    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

  28. Vinay BN on June 10, 2010 at 9:05 AM

    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

    • HSB on June 10, 2010 at 9:51 AM

      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.

      • Vinay BN on June 10, 2010 at 12:11 PM

        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) .

  29. ravi on June 10, 2010 at 7:30 AM


    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?

  30. yaw effah on June 10, 2010 at 3:31 AM

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

    • Andy on June 10, 2010 at 11:22 AM

      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.

  31. naveen on June 10, 2010 at 3:08 AM

    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

  32. HSB FOLLOWER on June 10, 2010 at 2:21 AM

    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 ?

    • HSB on June 10, 2010 at 9:55 AM

      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)

      • HSB FOLLOWER on June 10, 2010 at 7:37 PM

        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
        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.

        • HSB on June 11, 2010 at 4:15 AM

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

  33. Tapas on June 10, 2010 at 1:05 AM

    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 ??

  34. kintu on June 10, 2010 at 12:13 AM

    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.

    • HSB on June 9, 2010 at 8:30 PM

      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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