Studying in the U.S. is a major investment, and Indian students need a clear understanding of the total cost and the funding options available. Concordia University, St. Paul (CSP) is known for its affordability compared to many U.S. private institutions. This article explains the cost of attendance, scholarships, and how Indian students can manage finances effectively.
Tuition Fees for Indian Students
Postgraduate Programs
MS in Data Analytics / IT Management / Computer Science: Approx. ₹14–15 lakhs per year
MBA / MIM: Approx. ₹14 lakhs per year
Undergraduate Programs
BS, BBA, BA, BSc: Approx. ₹21–23 lakhs per year
Living Expenses in Minnesota
Housing and utilities: ₹6–8 lakhs/year
Food and groceries: ₹2–3 lakhs/year
Transportation and insurance: ₹1–2 lakhs/year
Miscellaneous expenses: ₹50,000–₹1 lakh/year
Estimated Total (Tuition + Living):
Postgraduate: ₹24–28 lakhs/year
Undergraduate: ₹30–35 lakhs/year
Scholarships for Indian Students
CSP offers merit-based scholarships to international students
Award amounts vary by program and profile
No separate application usually required
Automatically considered during admission evaluation
Education Loan Options in India
Indian students can finance their studies through:
Public banks: SBI, Bank of Baroda, Canara Bank
Private/NBFC lenders: HDFC Credila, Avanse, InCred
Options include secured (with collateral) and unsecured loans
Loan approval typically depends on academic profile, co-signer income, and admission letter
Other Funding Sources
Personal/family funds (must show 1 year’s proof for visa)
Fixed deposits or savings
Affidavit of support from family or sponsor
Scholarships combined with partial loans
On-Campus and Internship Income
On-campus jobs: Up to 19 hours/week during classes
Internships via CPT: May be paid, depending on employer
OPT jobs after graduation: Full-time work with pay
Earnings from these help reduce cost pressure over time
Final Tips
Start loan and scholarship planning early — ideally before receiving admission
Maintain good academics to maximize scholarship chances
Keep visa documentation ready for financial proof
Use a currency buffer for fluctuations in INR–USD exchange rates
Concordia St. Paul offers a balance of affordability and quality. With good planning, students from India can manage their education costs through scholarships, smart financing, and part-time opportunities.
