Study Abroad
MBA Scholarships in Singapore
Discover MBA Scholarships in Singapore to make your dream of studying abroad affordable. Explore top opportunities today!Read more
LoFi
Jun 2, 2025
Study in the USA: Costs, Universities, Life & Funding Options
Explore options on top universities, tuition costs, no-collateral loans, visa guidance and much more only for Indian students to get started on their dream to study in the USA.
Top Universities
Living Cost
Avg Tuition
No Collateral Loans
Why USA is the Top Study Destination for Indian Students
The USA hosts over 330,000 Indian students, more than any other country, because of its world-renowned universities, innovative education system and a thriving job market.
Students can explore different subjects, participate in cutting-edge research projects and gain practical experience through internships with leading companies. There are excellent career opportunities for professional growth in dynamic industries. With supportive Indian communities in major cities and access to global career networks, the USA offers both exceptional education and promising career prospects for ambitious students.
Quick Facts
- Indians represent 30% of all international students in the USA.
- 60% of Indian students pursue graduate degrees, mostly STEM.
- Indian students contribute $10+ billion to the US economy annually.
- Nearly 100,000 Indian students currently work through OPT
Universities in the USA
- All
- Public
- Ivy League
- STEM
- Private
- Engineering
California Institute of Technology (Caltech)United StatesSTEMPrivateAvg Tuition:$68,000/year
Harvard UniversityUnited StatesIvy LeaguePrivateAvg Tuition:$56,000/year
Massachusetts Institute of Technology (MIT)United StatesPrivateSTEMAvg Tuition:$64,000/year
Stanford UniversityUnited StatesPrivateSTEMAvg Tuition:$67,000/year
Post-Study Work Visa & Job Opportunities
Optional Practical Training (OPT)
Regular OPT
12 months of work authorization after graduation
Available to all international students on an F-1 visa
STEM OPT Extension
Additional 24 months extension (total 36 months of OPT )
Available if you’re graduating from a STEM-designated program
Great for Computer Science, Engineering, Data Science, and more
Curricular Practical Training (CPT)
Lets you gain work experience during your degree
Can be full-time or part-time depending on university rules
Important 2025 Update (Effective May 27)
A 60-day grace period is now allowed after OPT ends
Accurate job reporting is now strictly enforced — students must report employment status to avoid SEVIS termination
Average Starting Salaries
- Computer Science$85,000/year
- Engineering$80,000/year
- Business/MBA $120,000/year
- Data Science$95,000/year
Cost of Studying & Living in the USA
Tuition FeesVaries by university type & program$28,000 - $90,000/year
AccommodationOn-campus or off-campus housing$12,000 - $24,000/year
Living ExpensesFood, transport & personal expenses$12,000 - $24,000/year
Estimated Total Costs
Public Universities
- Tuition & Fees:$28,000 - $35,000
- Accommodation: $12,000 - $17,000
- Living Expenses: $12,000 - $18,000
- Annual Total: $52,000 - $70,000
Private Universities
- Tuition & Fees:$38,000 - $90,000
- Accommodation:$15,000 - $24,000
- Living Expenses:$16,000 - $24,000
- Annual Total:$69,000 - $138,000
Life & Culture in the USA
Campus Life & Internships
American universities offer vibrant campus experiences with 400+ student organizations, sororities, and year-round activities. Internships not only provide practical experience but also increase your employability. Many Indian students find that internships often lead to full-time job offers.
Indian Communities
Areas like Jackson Heights in New York, Devon Avenue in Chicago and Little India in Artesia, California offer authentic Indian groceries, restaurants, and cultural centers. Most universities have active Indian Student Associations organizing Diwali celebrations, cricket tournaments, and networking events with 500+ members.
Food & Lifestyle
Indian grocery stores like Patel Brothers, Apna Bazaar are everywhere in student areas. Campus dining halls increasingly offer Indian vegetarian options, and cities like Boston and Seattle have amazing Indian food scenes. Weekend farmer's markets, food trucks, and international festivals keep life exciting while apps like Instacart deliver Indian groceries to your doorstep.
Cities to Live In
Living costs include accommodation, food, utilities, and transportation with cities like Austin, Raleigh, and Atlanta offering great university towns at 30-40% lower costs than New York or San Francisco. These cities also have growing tech scenes and strong Indian professional networks.
Transportation
Students can use MUNI Pass, Metro card, ORCA card, and passes to reduce their travel expenses in the USA. Monthly passes cost $50-120, and ride-sharing apps like Uber/Lyft are widely available. Many students also buy used cars for $5,000-8,000, which is often cheaper than public transport for longer stays.
Education Loan Options for USA
Loan Types Available
INR Loans (Indian Lenders)
- Interest rates start from 8.25%* p.a.
- Max loan: Up to ₹1.5 crore
- Some require collateral
- Co-borrower usually required
USD Loans (Global Lenders)
- Interest rates start from 3.39%* p.a.
- Maximum Loan amount: 100% of Education Cost
- No collateral required
- Some require US Co-borrower
How Lorien Helps
- Free loan eligibility check across 17+ lenders
- Higher approval rates through lender matching
- No-collateral loan options
- End-to-end application support
- Faster processing times
4.7
on
reviewsInternational Alumni Network of 500+ Students
4.7
onreviews
Loan Received: $30,000
Int. Rate: 6.45%
"I had a smooth and hassle-free experience securing a loan with Lorien Finance. They were professional, approachable, and transparent throughout the process, explaining all terms and conditions clearly. I highly recommend Lorien finance and Nishant for reliable financial assistance."
Harsh
Montclair State University
5
Loan Received: $28,000
Int. Rate: 7.24%
"I would like to express my sincere gratitude to Lorien Finance for their outstanding support in assisting me with my loan process. The team took the time to explain all the details, answer all my questions, and provide valuable advice throughout the entire process."
Vaidehi
University of New Haven
5
Loan Received: $35,000
Int. Rate: 4.70%
"I had a great experience with Lorien Finance while securing my student loan. The process was smooth, transparent, and efficient, making it stress-free for me. Lorien’s dedication to helping students achieve their educational goals is truly commendable."
Ayush
University of North Carolina
5
Loan Received: $30,000
Int. Rate: 6.45%
"I had a smooth and hassle-free experience securing a loan with Lorien Finance. They were professional, approachable, and transparent throughout the process, explaining all terms and conditions clearly. I highly recommend Lorien finance and Nishant for reliable financial assistance."
Harsh
Montclair State University
5
Loan Received: $28,000
Int. Rate: 7.24%
"I would like to express my sincere gratitude to Lorien Finance for their outstanding support in assisting me with my loan process. The team took the time to explain all the details, answer all my questions, and provide valuable advice throughout the entire process."
Vaidehi
University of New Haven
5
Loan Received: $35,000
Int. Rate: 4.70%
"I had a great experience with Lorien Finance while securing my student loan. The process was smooth, transparent, and efficient, making it stress-free for me. Lorien’s dedication to helping students achieve their educational goals is truly commendable."
Ayush
University of North Carolina
5
Everything You Need to Know About Studying Abroad—In One Place.
From breaking news to detailed how-tos, explore our blogs and articles designed to make your study-abroad journey stress-free and successful.
Study Abroad
Top Universities in the US 2024
By LoFi
Jun 2, 2025
Study Abroad
Education Loan Application Mistakes Indian Students Make
By LoFi
Jul 10, 2025
Study Abroad
Top Courses to Study in UK in 2024
By LoFi
Jun 2, 2025
Study Abroad
Everything you need to know about STUDY ABROAD loans!
By LoFi
Jun 2, 2025
Study Abroad
Top Universities to Study in UK in 2024
By LoFi
Jun 2, 2025
Frequently Asked Questions
01How does Lorien Finance help me secure the best education loan?
01
How does Lorien Finance help me secure the best education loan?
01
We partner with India’s top banks and NBFCs to match students with optimal loan options. Our team assists with document collection and negotiates for favorable loan terms.
02How does Lorien Finance help me get the best education loan offer?
02
How does Lorien Finance help me get the best education loan offer?
02
Lorien Finance works with top banks, NBFCs, and international lenders to secure the best loan terms for students. We assist with documentation, coordinate with lenders, and negotiate favorable loan options.
03Are there any tax benefits or deductions available on study abroad education loan interest?
03
Are there any tax benefits or deductions available on study abroad education loan interest?
03
Yes, the Income Tax Act of 1961 permits the deduction of interest paid on an education loan under Section 80E.
04When do I start repaying my education loan?
04
When do I start repaying my education loan?
04
Repayment usually starts after the moratorium period, which covers your course duration plus 6 to 12 months. You can choose repayment options like EMI, simple interest, or partial interest, based on your loan terms.
05What is the interest rate on study abroad education loans?
05
What is the interest rate on study abroad education loans?
05
The interest rate starts as low as 3.39% and varies as per lenders.
06What documents are required for a study abroad education loan?
06
What documents are required for a study abroad education loan?
06
You need to submit KYC documents of both the student and cosigner, academic records, work experience (if any), and the cosigner’s financial documents to assess loan eligibility and repayment capacity.
USA Office
609 Greenwich St, New York, NY 10014
INDIA Office
New Delhi - Plot No.1/262, Westend Marg, Saket,
New Delhi 110030
Mumbai- C20, G-Block BKC, Bandra East, Mumbai,
Maharashtra 400051
Nashik- 138, Vitthal Bungalow, Madhu Vijay Colony,
Nashik 422005
Contact Us
Call Us
+91 7291099734
hello@lorienfinance.com
Social Profiles
About Lorien Finance
Study Abroad
Our Services
© 2025 Lorien Finance. All rights reserved.