American higher education is quite expensive compared to that of other countries. This is a fact that you, as international students, should be
International students are required to submit proof of sufficient funds to cover educational expenses in the U.S. in order to obtain a SEVS I-20. Having obtained an I-20, signing it and either entering the U.S. or filing a change of status to F-1 you agree to have funds available for the duration of your studies. It is important, therefore, that you responsibly plan and manage your finances.