Tuition and Financial Aid


Tuition is calculated on a per-credit basis. The MSF program consists of 39 credits. Proposed tuition for 2020-2021 academic year:

Resident Cost Non-resident Cost
Cost Per Credit Total Tuition Cost Per Credit Total Tuition
$1,020 $39,780 $1,450 $56,550

Required fees per semester, based on the 2019-2020 academic year

Fee Fall and Spring Summer*
Student Services Fee $443 $443
Capital Enhancement Fee $75 $75
Council of Graduate Students $10.33 $10.33
Stadium Fee $6 $6
Student Health Benefit Plan (unless student provides proof of his/her own insurance, this plan is required for international students) $1,116 $575
Transportation Fee $25 $25
Professional Student Government Fee $16.56 $16.56
Carlson School Collegiate Fee $580 $290
International Student Administrative Fee $165 $165
International Student Engagement Fee $14 $14

*As the MS in Finance program has a summer start, some summer fees would be a prorated version of the full semester fees

**Other education-related costs such as books and cost of living are not included in the table above.

The total program tuition will remain the same for the three consecutive semesters a student is in the program.

Costs are estimates for the 2020-2021 academic year over 12 months. For full details of tuition costs, please visit One Stop.

A non-refundable $1,000 tuition deposit is required to confirm your intention to enroll in the MS in Finance Program and is applied toward the first academic term.

Deposit payment is required to request a one-year deferral.

All fees are subject to change.

The University of Minnesota offers many loan programs, administered through the Office of Student Finance. To be considered, you must complete the Free Application for Federal Student Aid (FAFSA). International students need a U.S. co-signer for student loans. If you have questions about loan programs, visit Financial Aid — One Stop. The University has reciprocity agreements with the states of Wisconsin, North Dakota, South Dakota, and the province of Manitoba, Canada.

The Carlson School and the University of Minnesota awards academic merit-based scholarships. Scholarship consideration is extremely competitive and the MS in Finance program will automatically consider applicants for all scholarships for which they are eligible. No special application is required for these scholarships.

The University of Minnesota does not specifically offer non-US co-signed loans. Some of the options available to you include:

Please note, the University of Minnesota does not solely endorse any one specific loan program.

Contact Master of Science in Finance