Tuition and Financial Aid

The Carlson Master of Accountancy (MAcc) is competitively priced and offers a tuition plateau for students taking between 10-18 credits per semester. Each credit above or below the plateau is assessed on a per-credit basis.

2020-2021 Tuition and Fees

Tuition per semester

  Resident Non-Resident
10 – 18 credits $10,870 $17,920
Per credit (1 – 9) $1,087 $1,792
(two semesters for 30 credit track) $21,740* $35,840*

*Cost assumes completion of the 30 credit track in two semesters.  Amount does not include student fees, books and course materials or other incidental costs such as housing, meals and parking.  Rates are subject to yearly increases.

Semester Fees

Fee Type Amount
Carlson School fee

$580 - Full-time students (9 credits or more)

$290 - Part-time students (8 credits or less)

Student Service fee $454.24 (enrolled for 6 or more credits)
Other fees

$1050.00 Student Health Benefit Plan (required for International students; domestic students may opt out if they have health insurance elsewhere)

$25.00 Transportation Fee

$75.00 Capital Enhancement Fee

$16.59 Professional Student Government Fee

$6.00 Stadium Fee

International Students

  • International Student Engagement Fee $14.00
  • International Student Admin Fee $165.00

The tuition and fees above do not include books and course materials. Tuition and fees are subject to change without notice.

Financial Aid

The Accounting department awards scholarships for MAcc students on a competitive basis. A scholarship application is sent to newly admitted students in August for the upcoming academic year.  There is also a limited number of Teaching Assistant positions available and awarded based on scholastic achievement.

In addition, the University offers grants, scholarships, education benefits, and tuition waivers based on financial need and basic eligibility criteria.  To apply for financial aid, complete the Free Application for Federal Student Aid (FAFSA). You may complete it anytime; the University will process the application after you have been admitted. The University of Minnesota FAFSA code is 003969.  

The University has reciprocity agreements with the states of Wisconsin, North Dakota, South Dakota, and the province of Manitoba, Canada.

Contact Master of Accountancy