Success The Turning Point

Author(s): Rajendra Rakhecha
Publisher: Rajendra Rakhecha

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Conversion rate
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Year 1 (for 12 months) Year 2 (for 6 months) Sr. No. Particulars
Times Unit cost
Total Cost in USD
Frequency Total Cost in INR 1.1 Tuition and fees i.e i20 amnt 1 3 3000
$33,000
$8,676 One time INR 2,376,000 INR 624,672 672 $11,000
Quarterly INR 792,000 INRO $11,000
Quarterly INR 792,000 INRO $11,000
Quarterly INR 792,000 INRO 1.2 Fees for remaining credits 8 1000
$8,000
One time INR 576,000 INRO 2 Living Expenses 450/month 12 550
$6,600
$3,300 Monthly INR 475,200 INR 237,600 600 3 Books
1 800
$800
$825 One time INR 57,600 INR 59,400 400 4 Insurance +Misc
700
$700
$350 One time INR 50,400 INR 25,200 200 5 Travel to India
1000
$1,000
$1,000 Six monthly INR 72,000 INR 72,000 DOO Total
$50,100
$14,151 One time INR 3,607,200 INR 1,018,872,872 B Scholarship
$9,000
$4,500 Reoccuring INR 648,000 INR 324,000 000 Grand total
$41,100 $9,651
INR 2,959,200 INR 694,872 872 2,959,200
694,872
3,654,072 Earning - Salary & Tax
• On an Average a fresher can get around 50 - 70k US$ Salary after Graduation from US University • MS Degree holders given preference in TOP US companies • Compared to Salaries in India, US graduate's salaries are multifold higher • 60% of workers in USA are retiring by 2020. US needs lot of work force by that time
• Taxation is around 33% -35% FAQ about admission Q : I have sent photocopies of GRE/TOEFL scores to universities. Still Do I need to send the scores officially? Ans - Yes, you must report GRE/TOEFL scores to universities through ETS. Sending photocopies is only for fast processing of your application. Q: When should I apply to Universities? Ans - Try to apply 5 to 9 months earlier than the application deadline dates. You would have more probability to get funding if you apply early. In order to get admission into some of the top universities some students apply earlier by 1 year of deadline. Q: Do I have chances of getting admission if I apply after deadline? Ans - Most of the Low ranked universities won't consider deadlines. You would have good chances of getting admission even if you apply after deadline. But this is not true in case of top universities. Q: What is GPA? What is my GPA? Ans - GPA means Grade point Average. It is the standard measure of performance of a student in USA. It is similar to the 100% scoring system in India. There is an institution called WES. They will evaluate your transcripts to calculate your GPA and send the reports to universities. Q: Would GRE/TOEFL scores is important than academic marks? Ans - Most of the universities will consider GRE/TOEFL score rather than academics. Admission committees consider standardized exams, like the GRE, MCAT, LSAT, and GMAT, to make comparisons among applicants from different countries and different universities. Therefore if you have a low
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