Finance Your MS in the USA: Guide to Unlocking Your Educational Dream!

Finance Your MS in the US: Guide to Unlocking Your Dream!

An education loan covers the cost of tuition, living costs, insurance, and other incidentals. Given the wide variety of choices available today, finding the best deal to finance your MS in the US is possible. In fact, taking an education loan is a smart move, as you don’t need to break into your savings while taking advantage of tax benefits.

Eligibility

Students pursuing full-time higher education, graduate or postgraduate studies, and professional education, irrespective of age, can borrow the required funds to finance their MS in the US. Most loan providers require that students show proof of admission to the graduate or postgraduate program. However, some private institutions and cooperative banks sanction a loan even before getting admission.

Tax Benefits of Financing Your Education

Tax Benefits of Financing Your Education

People with sufficient funds are also advised to take a loan to finance their education since they get tax deductions under Sec 80E of the Income Tax Act. There is no limit for Section 80E exemption up to which you can claim the deduction. All interest paid in a financial year is tax deductible, regardless of the sum. The interest component of the education loan can be claimed under Section 80E just as deductions under Section 80C and Section 80D are claimed before arriving at your total income to calculate the tax liability. However, it is important to note that you can claim a tax deduction only for the interest portion. You cannot claim a tax deduction for the principal part of the EMI.

You will be eligible to claim a deduction under section 80E only if you take the loan from any bank/financial institution or any approved charitable institution. Loans from friends or relatives for higher education do not qualify for this deduction.

Loan Amount and Repayment

Finance Your MS in the US: Loan Amount and Repayment

I-20 or Admission Letter mentions the total cost of education for one year. Students can get a loan for up to double the amount mentioned on the I-20. Depending on the loan provider, there are slight variations regarding the application process, documentation, interest rates, guarantees, etc. Students are not expected to pay any EMI for the first two years. (Some loan providers may demand interest during these two years.) Generally, loan repayments begin one year after the end of your course or six months after you secure your first job, whichever is earlier. Most lenders also allow for additional time in case the student is unable to finish the course on schedule. Loan repayments are spread over 10-15 years to ensure that you are able to comfortably finance your MS in the US and include options for early repayment.

Rate of Interest and Margin Money

Rate of Interest and Margin Money when Financing Your Education

Most Nationalized banks and financial institutions offer fixed or floating interest rates in the range of 9-12%. Girls generally get a 0.5% concession from banks.

There is also the all-important factor of “margin money”! What this means is that most lenders will not loan you the entire cost of education – they also expect you to pay part of it. In other words, if, for example, your education cost is Rs. 40 lakhs in all, and there is a margin of 10%, then the bank will lend you Rs. 36 lakhs, and you will have to put up the remaining Rs. 4 lakhs. The idea is to ensure the loan seeker can bring money in and demonstrate responsibility. However, not all lending institutions insist on margin money; for example, loans from HDFC CREDILA do not need a margin.

Guarantors & Collateral

Guarantors & Collateral

A guarantor is a third party (different from the applicant) who agrees to repay the loan if the borrower can’t. Besides this undertaking, lenders also request collateral in the form of fixed deposit receipts, property, or other security. They keep this collateral in their possession until you repay the loan. Banks or lenders do this to safeguard themselves against a bad debt. The lender may waive the guarantee if the borrower’s previous repayment track record or financial history is very sound.

If payments are defaulted on, i.e., not made on time, the loan contract has provisions for penalties/late payment fees. Besides, defaulters also risk being ‘redlisted’, which severely limits their future credit options. However, most bankers or institutions are receptive to negotiation and allow for extensions on payment tenure or reduction of EMIs in case of genuine difficulties.

So, look around and see your options! A good loan deal can be a big asset in helping you finance your dream of an American education.

As India’s leading Study Abroad Consultant, Dilip Oak’s Academy offers a comprehensive suite of services, including GRE, TOEFL, and IELTS coaching, as well as GRE Self Prep. Furthermore, our admission counseling services can guide you through the entire process from Shortlisting Universities to Visa Counseling. With our expertise, we have successfully sent 32,000 students to various prestigious American universities like MIT, Stanford, Cornell, and Carnegie Mellon. To enroll in our comprehensive overseas education consultancy services, book a free consultation or call us at 91-20-67444222.

Navigating Financial Aid: A Guide for Indian Students Pursuing Higher Education in the US

The dream of pursuing higher education in the esteemed universities of the United States often seems financially daunting. However, there’s a silver lining: a multitude of financial aid options are available to deserving students. For many Indian students, the costs have been significantly mitigated through the generous financial assistance programs offered by US universities.

Assistantships: A Pathway to Affordability

One of the primary avenues for financial assistance is through assistantship programs. Several universities award assistantships in the form of teaching and research assistantships to master’s and doctoral program students. These require awardees to perform certain services for a specified number of hours per week. The awards are usually for the current semester and may be extendable depending on the awarding requirements of the department and the funds available. Continuation also depends on the student’s maintaining a good academic record.

These include:

  • Teaching Assistantships (TA): Involving aiding faculty members in teaching (mostly elementary lab courses), conducting tutorial/problem-solving sessions or grading answer scripts. Depending on their competence and interest in the subject, teaching assistantships may also provide students opportunities to work outside their department in areas like Physics, Chemistry, and Mathematics. Many universities assess these through a test.
  • Research Assistantships (RA): Providing opportunities to work on university research projects under the guidance of faculty. The selection may involve an interview/written exam to test your aptitude, knowledge and skills.

Both teaching and research assistantships require students to work up to 20 hours a week and carry a stipend and tuition waiver depending on the extent of the award (the full 20 hours or less). Generally, even a 10-hour job substantially reduces tuition and compensates for living expenses. The student’s performance in the duties assigned is closely monitored. The student is also required to maintain his academic performance in the graduate program and show good progress in his research work.

Tuition Waivers: Easing Financial Load Based on Performance

Universities often offer tuition waivers based on academic performance. These waivers can be full or partial, covering semester fees or specific credit charges. Some universities even extend in-state tuition benefits to international students, substantially reducing overall costs.

Graduate School Fellowships: Recognizing Excellence

These are offered only to outstanding students. The student is nominated by their graduate program. Generally, the awards are given to students admitted to Ph.D. programs in the department and, as a rule, exempt students from any specific duties. The students are expected to perform full-time research and may occasionally be required to perform teaching duties for a semester as a part of their program.

On-Campus Employment: Balancing Work and Studies

International students on F-1 visas can engage in on-campus employment. These part-time roles, such as positions in cafeterias, libraries, or administrative offices, typically pay between $10 to $14 per hour, allowing a maximum of 20 hours per week.

Internships: Blending Academia with Practical Experience

After completing two semesters of full-time education, students can pursue internships related to their field of study, aligning with their academic training. These internships fall under Curricular Practical Training during the program, governed by US Citizenship and Immigration Service (USCIS) regulations.

Indian Government and Private Trust Scholarships: Seeking External Support

Researching and finding information about scholarships offered by the Indian Government and other trusts can be useful. The Government of India (GOI) offers scholarships for advanced education to SC and ST students, and the Social Welfare Departments of respective state governments administer these. GOI also has a scheme of supporting higher education in areas where India lacks facilities for such education.

Several private trusts, like Inlaks, Sakal India Foundation, J N Tata Trust, and K.C.Mahindra Scholarships, offer substantial amounts to students going to top-ranking universities. (There are also the Cambridge Trusts if you want to apply to Cambridge). However, the trust may have certain specific criteria that the applicant must meet. The announcements for these scholarships appear in leading newspapers.

Education Loans: Banking on Future Success

Banks in India provide education loans with competitive interest rates, offering financial assistance for the total cost of education aiding students in fulfilling their academic aspirations. The rate of interest varies between 9% to 13%. For more information, please read our dedicated blog post on education loans.

Conclusion: A Feasible Path Ahead

While the costs of education in American universities may seem prohibitive at first glance, a myriad of financial aid options exist for Indian students. From assistantships to scholarships and on-campus employment, these avenues help alleviate the financial burden, making the dream of studying in the US a tangible and achievable reality for many.

Remember, these opportunities are competitive and often require outstanding academic records or meeting specific criteria. Researching and understanding the various forms of financial aid can significantly bolster your chances of securing assistance for your academic journey in the United States.

As India’s leading Study Abroad Consultant, Dilip Oak’s Academy offers a comprehensive suite of services, including GRE, TOEFL, and IELTS coaching, as well as GRE Self Prep. Furthermore, our admission counseling services can guide you through the entire process from Shortlisting Universities to Visa Counseling. With our expertise, we have successfully sent 32,000 students to various prestigious American universities like MIT, Stanford, Cornell, and Carnegie Mellon. To enroll in our comprehensive overseas education consultancy services, book a free consultation or call us at 91-020-67444222.

Free seminar on Bachelors and Masters in USA

For all the students planning to pursue a Bachelor’s or a Master’s degree in the USA, Dilip Oak’s Academy has organized two free seminars on Sunday, 19th June 2022.

Details of the seminars are as follows:

Opportunities for Master’s Degree in America

Sunday, 19 June 2022

6:30 pm

Siddhi Banquet Hall

DP Road, Near Mhatre Bridge, Erandwane, Pune 411004

Seminar Highlights

  1. Application process
  2. Funding your education
  3. Job opportunities after graduation

Receive a free copy of an informative booklet on a guide on studying in the USA by Mr. Dilip Oak

The seminar is open to students from the following fields along with their parents:

  1. Computer Science
  2. Engineering
  3. Architecture
  4. Finance

Opportunities for Bachelor’s Degree in America

Sunday, 19 June 2022

11:30 am

Siddhi Banquet Hall

DP Road, Near Mhatre Bridge, Erandwane, Pune 411004

Seminar Highlights

  1. Application process
  2. Funding your education
  3. Job opportunities after graduation

Receive a free copy of an informative booklet on a guide on studying in the USA by Mr. Dilip Oak

The seminar is open to 10th, 11th and 12th std. students

(SSC, CBSE, ICSE, IGCSE and IB)

Key Speakers for both the seminars

Mr.Dilip Oak (Founder, Director, Dilip Oak’s Academy)

Dr. Seema Sehrawat (Associate Dean)
Jennifer Gruber (Associate Vice-president)
California State University, Chico

Registration links

Seminar on “Opportunities for Bachelor’s in America”: 19th June, 11:30 am, Register 

Seminar on “Opportunities for Master’s in America”: 19th June,6:30 pm, Register 

See you there!

All you need to know about the AP exam 

Along with the standardized tests like SAT and ACT, we often suggest students aspiring to pursue a bachelor’s degree in America, to take the Advanced Placement (AP) Test. 

AP Exams are standardized college-level exams designed to measure your mastery over a specific subject and help you earn credits.  Under this, there are 38 courses from various disciplines to choose from like AP Calculus AB, AP Computer Science, AP Chemistry, AP Physics etc. You can choose the course for subjects related to your career of choice and your expertise. AP exams are scored on the scale of 1 to 5, where each score corresponds to a college course grade equivalent.

Taking AP exams has several benefits, especially for Indian students: 

Boosts chances of getting into a top-ranked university: AP scores add weightage to your college application and help you stand out among hundred others. Top-ranked universities prefer students who give AP exams because performance in AP demonstrates your thoroughness in the subject and ability to manage university-level studies.

Reduces tuition cost:  Taking AP exams helps you to earn college credits even before starting with the college. A high AP score of 4 or 5 allows you to earn enough credits so as to skip a semester or even a year. In that case, you can graduate almost 6 months to 1 year early and save on your tuition fees by thousands of dollars. 

Scholarships and funding opportunities: Most US universities offer good scholarships to high AP scores. This enables the student to further save up on the tuition cost. Some universities also offer an Advanced Placement International Diploma (APID) to Indian students who score exceptionally well in more than 5 AP exams. Hence, even if you have a humble financial background, your AP score can help you complete your bachelors in a high ranked university at a relatively low cost.

When to take the AP? 

The ideal time to give the AP is in your 11th or  12th grade, depending on the number of exams you want to take and your level of preparation. 

The exam is held only once a year, in the month of May. For 2022, the AP exam dates are May 2-6 and May 9-13. The first window for registration was between September and mid-November 2021. However, some test centers are offering a second registration window (February to mid-March) at an additional fee (Pune center last registration date is 6th March 2022) 

For more details on AP exam in India and other registration details, visit https://international.collegeboard.org/students/ap/taking-ap-india

Advantages of Pursuing a Master’s degree in the USA

Here are top 7 reasons why you should pursue a Masters in America:

  1. The strong American economy: America is the largest economy in the world, with a GDP of $ 20.54 trillion, which is 24% of the world GDP. For this reason, they have the capacity to absorb thousands of immigrants and offer those with good technical skills high paying jobs.
  2. Shortage of technical manpower: America is the world leader in technology, especially in the field of IT as can be seen by the dominance of tech giants like Google, Facebook, Microsoft, Amazon, and Apple in this field. However, they are in constant need of technical manpower. Since there are not enough Americans to fill these technical positions, Indians students are always in great demand.
  3. No discrimination: The American social system is unbiased. American universities and corporates welcome people of all nationalities and ethnic backgrounds. Hard working, intelligent and innovative students can prosper in the American corporate world. Good examples are Sunder Pichai and Satya Nadela.
  4. Updated university syllabi: American universities keep updating their syllabi to keep pace with industry trends and the latest technologies. This enables their alumni to get good job opportunities all over the world.
  5. Research-based education: This is perhaps the most important reason why the American education system is so popular. Universities in America lay a strong emphasis on research. Most of their professors are constantly engaged in active research. Likewise, they encourage students also to take up the thesis option and carry out independent research during their programs of study. Their labs are also outfitted with the most advanced equipment and facilities. The overall exposure that students receive greatly builds up their practical skills.
  6. Scholarships and funding opportunities: American universities are non-profit organizations funded by the government and private donors. They offer financial assistance to students in the form of scholarships, Research, Teaching and Graduate Assistantships, campus jobs and internships. This makes education in America very affordable.
  7. Special quota for H-1B Visa: STEM students with a master’s degree have an additional quota of 20,000 for the H-1B visa or work permit over and above the general quota of 65,000.

Considering all these benefits, we strongly recommend that students consider pursuing graduate degrees in the US.

To help you get started with your preparation, we offer GRE Coaching and also Admission Counseling through which we provide guidance on selection of universities, application essays and visa counselling.

Advantages of Pursuing a Bachelor’s Degree in the USA

The last few years have seen an increasing number of Indian students pursuing bachelor’s degrees in America. This trend has been strengthened by the increasing economic power of families who now want their children to benefit from the high-quality education that is available in America. For this reason, many professionals and those in business or top corporate positions are now sending their children to join American bachelor’s programs.

This trend has been further boosted by the fact that even parents who are not financially very strong can still afford an American education because their children can get tuition waivers and scholarships if they have exceptional academic credentials and high scores in the SAT, ACT or AP exams.

But what else makes getting a bachelor’s degree in America a good choice?

Tough Competition in India

Getting admission to top-ranked Indian institutions like the IITs, BITS, and NITs is now even more difficult than it used to be. Around 10 lakh students appear for the entrance examinations for these institutions but, only 11,300 secure admissions to the IITs, 19,000 to the NITs and 380 to BITS. This amounts to a total of 30,000 students, which comes to hardly 3% of the total number of applicants. As a result, other intelligent and above-average students who often miss getting admission by very narrow margins have to take admission into local colleges which do not provide the same level of facilities as the elite institutions. Nevertheless, it is still possible for such students to get admission to even some of the best US universities which offer high educational standards and world-class facilities.

American Education can be Affordable

As mentioned above, students who get high SAT scores (more than 1400 out of 1600) and have good academic records in standards 9, 10, 11 and 12 (if available), can get tuition waivers and scholarships from good American universities. In addition, campus jobs as tour guides, library assistants, food court and front desk staff and other such positions pay enough to take care of living expenses. This makes education in America can be affordable.

Academic Flexibility

In India, you are required to select your desired branch of study (e.g. Mechanical, Electrical or, Computer Science) right at the beginning of your bachelor’s degree and then, you cannot change your field of study.  However, in the US, you are allowed to take general courses and study different subjects of your choice in the first one or two years. Then, in the second or third year, you can select your specialization from a broad range of programs. The initial exposure you gain in the first two years of your course allows you to make an informed decision regarding which specializations to take up. You can also take a dual degree, e.g. as an engineering student, you can also take economics as your minor and graduate with both the degrees, an advantage that you do not have in India.

Updated Courses and the State-of-the-art Labs

With curricula updated according to the latest trends in education and industry, US universities offer students excellent exposure. The courses focus on practical skills and in-depth application, and research labs are well-equipped. This means that graduates from American universities are always among the best-trained in the market which increases their chances of securing good jobs anywhere in the world.

To help you get started with your preparation, we offer SAT Coaching  and also Admission Counseling through which we provide guidance on selection of universities, application essays and visa counselling.

Impact of COVID-19 on American universities & admissions: An overview by SUNY Binghamton

IMPACT OF COVID-19 ON AMERICAN UNIVERSITIES & ADMISSIONS (1)

Last week, Dilip Oak’s Academy conducted a webinar on the current scenario in American universities, the impact of COVID-19 on admissions for Master’s degree, and funding opportunities in the USA. The webinar was presided over by Maggie Wolford, director of graduate admissions and recruitment, SUNY Binghamton. Here is an overview of her valuable insights into the scenario in America concerning several important pointers viz.:

  1. Location: Universities in the major cities like San Francisco, Chicago and New York have been more affected by the pandemic as compared to those in remote areas, like SUNY Binghamton, Texas Tech University, Lubbock, University of Oklahoma, Norman, etc.
  2. Financial impact: High class, Tier 1 research universities (those offering STEM courses) can sustain the effects of the pandemic, but liberal arts and other smaller universities have incurred significant losses.
  3. Factors for resuming in-person instruction: Universities will decide whether to start the in-person instruction soon or wait, depending upon the number of COVID cases in the area, cost of testing, and testing policies. (whether they have compulsory testing, voluntary testing, or symptomatic testing, and the budget for each)
  4. Spring semester schedule: The majority of the universities are quite likely to push their spring semester start dates. Usually, the spring semester commences in January, but universities might extend it to February. In that case, students will have extra time for project completion, but their holidays will be reduced.
  5. Impact on funding: Due to online instruction, positions for Teaching Assistantships are likely to reduce. Research Assistantships will also depend upon whether the university is funded by the government or by private agencies. Government funding has been reduced significantly for other fields, but a few like Supply Chain Management and Healthcare Management will still receive enough funding. Graduate Assistantships won’t be affected since university jobs like web page development, networking, etc. will continue.
  6. Impact on CPT and internships: CPT is activated only after completing two on-campus semesters. If you join in the spring semester, you cannot work on the CPT in summer. In that case, you can utilize the time for summer courses and graduate early, or take campus paid internships which don’t require CPT. For example, lab assistant jobs, office jobs, admin jobs, etc. You can also take up certification courses free of cost, which will add to your résumé.
  7. Impact on admissions: Presently, the examination system all over the world has been disturbed due to the pandemic. Many universities have waived the GRE requirement, and they are accepting unofficial transcripts as well. But the situation will remain uncertain for a few more months.

For the full webinar, you can visit our YouTube channel:

and subscribe to it for regular updates and videos on higher education in America.

For detailed guidance on higher education in America, Canada and Germany and assistance on university selection, drafting SOPs and LORs, join our admission counseling today!

 

 

 

 

How to apply for PhD in top American universities?

Untitled design (9)

Along with bachelor’s and master’s degrees, a lot of international students are now keen on pursuing PhD at American universities because the programs are comprehensive and structured, and encourage a lot of independent research.  Apart from world class facilities, well- equipped research labs and qualified professors, American universities also offer funding opportunities to deserving candidates which makes it easier for international students to pursue PhD in America. American universities have a global standing and they lead in innovation. This provides numerous job opportunities to PhD degree holders in academia, research institutes, government, and private research agencies all across the world.

However, in order to apply for PhD in top-notch American universities and reap maximum benefits of these programs, students must fulfill certain eligibility requirements and follow certain steps as given below:

Eligibility requirements:

  • Bachelor’s/Master’s degree: To pursue a PhD program in any American university, students must have a minimum of 16 years of education, which means, they must have completed their bachelor’s degree at the least. Many students also apply after their master’s degree, either in India or in the USA. Students can also apply for a combined program for MS and PhD.
  • Good scores in qualifying examinations: In order to qualify for a PhD, students should have a high score in the GRE (320+) and sometimes, in the subject GRE.
  • Good academic record: In order to pursue PhD at a top American university, students should have a consistently high academic record throughout the bachelor’s program (75% and above/GPA of 8.5 and above). If the master’s has been done from the USA, the GPA has to be 3.5 and above.
  • Research aptitude and work experience: Students who have a strong research aptitude, who have undertaken seminars and paper presentations, and who have relevant work experience are usually preferred. At Dilip Oak’s Academy, one of our students, who had a 70% academic record in Computer Engineering, four years of work experience, and who presented three papers in international forum including Italy and USA, received full funding for PhD in Computer Architecture from Georgia Tech, Ohio State, and Yale University.

 Steps to follow:

  • Choose your research topic well in advance: Narrowing down your research topic in advance will help you a great deal in making an informed decision. Study the topics, and see which topic would be viable for a PhD project. Choose your program accordingly.
  • Research your PhD guide: When it comes to PhD, a good research guide is far more important than a good university. Hence, study the research work performed by professors from various universities, get in touch with them, and see if you can get approval from them for supervising your work. For PhD programs, it is always beneficial to first narrow down the right research guide and then finalize the university.
  • Lookout for funding opportunities: Pursuing PhD in America can be very expensive and hence it is recommended to first look at universities that offer funding opportunities, scholarships, and research/ teaching assistantships and make your PhD tuition affordable.
  • Finalize the universities: Once you decide your research topic, supervisor, and funding opportunities, shortlist your universities and start the application process.

For more guidance on university selection and admission process, enroll for our expert admission counseling today!

 

 

 

Why Indian students planning for bachelors in the USA should take AP exams

Why take AP exams_

While the standardized tests like SAT and ACT are very popular among Indian students aspiring to pursue bachelors in America, the Advanced Placement (AP) Test is often disregarded by most due to complexity of its courses. A lot of students consider them challenging and shy away from taking this exam. In today’s blog, we aim to address these misconceptions about the AP and throw light on how Indian students can actually benefit from this exam.

What is AP? (Advanced Placement) 

AP Exams are standardized college-level exams designed to measure your mastery over a specific subject and help you earn credits.  Under this, there are 38 courses from various disciplines to choose from like AP Calculus AB, AP Computer Science, AP Chemistry, AP Physics etc. You can choose the course for subjects related to your career of choice and your expertise. AP exams are scored on the scale of 1 to 5, where each score corresponds to a college course grade equivalent.

Are AP exams really challenging?

Yes.

AP exams are definitely challenging and demanding because they require you to dive deep in the subject, beyond the set purview.

Does that mean you should skip them?

No.

Though AP exams are rigorous, they are definitely worth taking, especially for Indian students, due to the following reasons:

Higher chances of getting into a top-ranked university: Taking AP exams adds weightage to your college application and helps you stand out among hundred others. Top-ranked universities prefer students who give AP exam because performance in AP demonstrates your thoroughness in the subject and ability to manage university-level studies.

Early graduation and reduced tuition cost:  Taking AP exam during high school helps you to earn college credits even before starting with the college. A high AP score of 4 or 5 allows you to earn enough credits so as to skip a semester or even a year. In that case, you can graduate almost 6 months to 1 year early and save on your tuition fees by thousands of dollars. Some universities also allow you to skip introductory courses and jump to upper-level courses and even bag internships.

Scholarships and funding opportunities: Most US universities offer good scholarships to high AP scores. This enables the student to further save up on the tuition cost. Some universities also offer an Advanced Placement International Diploma (APID) to Indian students who score exceptionally well in more than 5 AP exams. Hence, even if you have a humble financial background, your AP score can help you complete your bachelors in a high ranked university at a relatively low cost.

What is the ideal time to give the AP?

The ideal time to give the AP is in your 11th or  12th grade, depending on the number of exams you want to take and your level of preparation. You can find the details of AP exams on https://www.collegeboard.org/.

At Dilip Oak’s Academy, we offer guidance on these pre-requisite examinations for bachelors in America and also conduct online SAT coaching to help you ace your prep!

To know more about bachelors in America, examinations, the application process, visa and other requirements for bachelors in America, attend our free webinar on 20th September. Register for the webinar today!

 

 

 

Free Seminar: Opportunities for Bachelor’s Degree in USA

Attend free seminar by Mr. Dilip Oak on Opportunities for Bachelor’s Degree in USA

Open to students from all streams (Std. X and above)

Parents are strongly encouraged to attend

Click HERE to register

free-seminarSeminar Highlights

  • Why US is the best destination for Undergraduate studies
    •     Comprehensive syllabus and dynamic curriculum
    •     Flexibility in choosing inter-disciplinary courses
  • Cost of education starting at 50 lakhs for 4-year program (financial aid and scholarship available)
  • Cracking the pre-requisite examinations: SAT and TOEFL
  • Student-life and extracurricular opportunities in the USA
  • Employment opportunities after graduation 

 Information on UG opportunities in Canada to be shared as well

 Speaker: Dilip Oak (Founder & Director, Dilip Oak’s Academy)

  • A recognized expert on higher education in USA, Canada and Germany since 1996
  • Trusted counselor for university admission and the visa process
  • 30,000 of his students have secured Masters admission to American universities

Event Chief Guests

Dr. Melody Stapleton (Dean)
Dr. Seema Sehrawat (Associate Dean)
College of Computer Science & Const. Mgmt.
California State University, Chico
Margaret Wolford
(International Graduate Recruiter)
School of Engineering and Applied Science
State University of New York, Binghamton

Sunday, 23rd June 2019

10:00 am

Siddhi Banquet Hall

Opp. Siddhi Garden, D.P. Road, Near Mhatre Bridge, Pune 411004

 REGISTRATION COMPULSORY

Click HERE to register


Why 2019 is a Good Time to Pursue an MS in the USA – Part 2

Following the positive response we received on our last blog post “Why 2019 is a Good Time to Pursue an MS in the USA – Part 1”; here are some other key benefits of applying for an MS from a US University this year.

Blog Part 2

Due to needless panic following the election of President Trump, there has been a drop in the number of students joining US universities. The reality is that the job situation is actually improving for students completing their MS from the US. In fact, the decline in number of applicants makes it easier for students with even lower GRE scores and average academics to get into good universities. Financial assistance too has become easier to secure! Read on for an in-depth understanding of the current advantages of applying to the US.

Certainty of Admission to Reputed Universities
Since the USA is a larger country, it boasts of a large number of reputed universities all across the country. Thus, American universities can absorb a greater number of students into Masters Programs as compared to other countries.

Further, the number of students applying to the US for post-graduate degrees has been declining. As a result, more seats are available since the competition is less cut-throat right now.

Financial Assistance during MS
Due to lesser students enrolling for programs, there are more campus jobs available – so it’s now easier to get one. Getting a campus job can take care of the living cost for both years. Apart from this, chances of getting Teaching Assistantship, Research Assistantship and Graduate Assistantship in the first or second semester itself are much higher as compared to earlier.

Jobs and Visa after Graduation
Contrary to the rumors floating around, job opportunities after MS in the USA are still available. What matters is your networking and the internships secured by you during your graduate degree. Students from Science Technology Engineering and Mathematics (STEM) fields have 3 years to work on Optional Practical Training (OPT) which allows students with MS degrees to work in the USA without an H1B visa. During these 3 years, you get 3 chances to apply for the H1B visa.

An interesting fact is that for H1B applicants who have completed their MS in the US and who are being sponsored by an American company, the rejection rate is just 1%. Hence, there is a greater certainty of obtaining the H1B visa.
We advise all study abroad candidates to take into consideration all these factors when deciding where to pursue an MS. In case you missed our previous article on why you should apply for an MS in the US in 2019, click here – Why 2019 is a Good Time to Pursue an MS in USA

‘MS in US’: Eligibility, Costs, Job Prospects

M.S. in U.S.

When you are thinking of getting a Master’s or doctoral degree in America, some of the top questions on your mind would be:

• What are the academic requirements in order to be able to apply?

• What are the costs of getting a degree in the US?

• What are the job prospects?

Here’s a quick look at the answers to those questions.

 

What is the eligibility for applying for a Master’s course in America?

The basic eligibility requirement is 16 years of formal education (12 + 4), the last 4 from an accredited university. So, students who have bachelor’s degrees in engineering (whether they joined engineering courses directly after the 12th Std. or after a diploma course) can directly apply for American Master’s courses. However, students who have completed a three-year degree (e.g. B.Sc.) should ideally complete their Master’s degrees (e.g. M.Sc.) in India and then apply.

Note: External degrees and degrees from open universities that are not accredited may not accepted by American universities.

 

What is the cost of education in America?

The cost of education in America varies from Rs. 12,00,000 to Rs. 30,00,000 depending on:

• the type of university (private or government-aided)

• its rank

• its geographical location

Apart from tuition fees you also have to bear the costs of:

• insurance

• living (food + housing)

• transportation.

There are many ways to reduce these financial burdens however. Many students manage to get some kind of financial assistance in the form of:

• research and teaching assistantships

• tuition waivers

• on-campus jobs etc.

Such kinds of financial assistance take care of a large part of the expenses incurred when studying in America.

 

What are the job prospects after completing a Master’s degree course in America?

• After completing your course you are allowed to undertake Optional Practical Training (OPT) for 12 months. OPT may be extended for another 17 months if you fall under the STEM (Science, Technology, Engineering and Mathematics) category

• Ample job opportunities exist in the fields of engineering and computer science (much tech talent in America is Indian and many Indians hold top positions the field – as is evident from the case of Satya Nadella, CEO Microsoft).

Note:

• Professors’ recommendations carry a lot of weight. To get a job you must get excellent references from professors who taught you during your master’s course.

• When you are working in America, your company may apply for H1-B visa (work permit) on your behalf. After this you can apply for a green card.

So, get ready to get your MS in US!