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Applying to universities randomly can lead to high costs in the application process, especially when applying abroad. In this video, Viruda Virgo, a Texas A&M alumnus with over two decades of experience mentoring students, shares strategies for managing application costs effectively. He highlights a student's case applying for a Ph.D. in Earth Sciences, who minimizes expenses by choosing universities that do not require GRE or TOEFL scores and have waived application fees. Examples of such universities include the University of Colorado Boulder, Oregon State University, and the University of Washington, illustrating how strategic selections can save applicants money and time.