Tips for Budgeting and Managing Expenses as an International MBBS Student in the USA in 2024

Tips for Budgeting and Managing Expenses as an International MBBS Student in the USA in 2024

If you are planning to pursue an MBBS in USA, then there are some factors that, as a student, you must keep in mind to manage your expenses in the country, or else it would be expensive for you to survive. The cost of MBBS in USA is a bit on the higher side of the tuition fees, including other expenses, going upto USD 65,000 or more depending on student the student. In this blog post, we will see some tips on managing expenses while studying in the USA. 

Before delving in, it is essential to note that the degree offered in the United States is a postgraduate programme, not a bachelor’s degree, like in India. In America, an MD degree is available. 

MBBS in the USA: An Overview 

Intake PeriodSeptember
Minimum Percentage60% in PCB
NEET RequirementYes
IELTS / TOEFLNo
Total Fees (approx.)15,000 USD Per Year
Living Costs in the USAUSD 300-400/month*
Duration4 Years
Medium of InstructionEnglish
Top MBBS Universities in USAAll Government University
RecognitionNMC and WHO approved
Popular UniversityBridgetown International University

Why Study MBBS in USA

Because of its high standard of education, MBBS is regarded as one of the greatest options for beginning a career in medicine in the United States. The overall teaching method in the country is noticeable at top universities such as Bridgetown International University, which not only provides quality education but also gives practical experience to its students. Additionally, the employment of technology in studies is a significant advantage. Top medical universities use technology to make instruction more interesting, resulting in faster learning for students. 

An MBBS in the United States lasts four to 7 years, followed by a 3-year residency programme. Medical universities provide training programmes that students can extend as needed, with the option of specialising in their preferred subjects. Internships are essential since they allow students to participate in fellowship programmes and further specialise based on their interests.

  • High-quality of education. 
  • NMC, WHO, and ECFMG-approved medical degrees. 
  • Plenty of job opportunities.
  • It is one of the most developed countries in the world.
  • American universities offer many scholarships. 
  • Students can pursue a PhD in America.
  • Plenty of part-time job options are available for the side hustle.
  • English medium of teaching.
  • Skilled and experienced faculty. 
  • Good teacher-student ratio.

Tips to Manage Expenses in the USA

Tip 1: Explore part-time work opportunities; if you can manage the time after your classes, you can work (related to your field if possible). 

Tip 2: Apply for scholarships and awards from any government or college. Regularly check for chances and apply for them; this will substantially reduce your educational fees.

Tip 3: Utilize college resources and opt to stay in hostels offered by your institution; if you want to live alone in an apartment or flat, your yearly budget may be exceeded, which can be costly. 

Tip 4: If you are unlikely to pay all of your yearly fees at once, you can pay it semester by semester, relieving you of the immediate hardship of paying the fees. You can also rent books from your seniors and the campus library. 

Tip 5: Use public transport instead of owning a car or bike. If your campus has its transport system, use it. This will considerably reduce your monthly spending and allow you to manage your budget better.

Eligibility Criteria for MBBS in the USA

  • 10+2 with a 50% or higher percentage from a recognized board.
  • 40% is the minimum requirement for the SC/ST/Reserved categories.
  • Applicants must have finished education in Biology, Physics, and Chemistry.
  • Applicants must be at least 17 years old as of December 31st of the admission year.
  • Candidates must pass the NEET, MCAT, and TOEFL/IELTS exams.

Conclusion

Pursuing an MBBS in US is a considerable investment in your future, it comes at a high cost. You may better manage your funds by planning and following these budgeting guidelines. There are other ways to save money, including looking into part-time jobs and applying for scholarships, as well as using campus resources and taking public transportation. Remember that cautious budgeting and sound financial decisions will allow you to concentrate on your academics and make the most of your time at schools like Bridgetown International University. With the appropriate technique, you can effectively handle the financial hurdles and have a pleasant educational experience in the United States.