Summer 2020 Tuition MFin & MQF

This information is applicable to the following programs
MFin College Park
MQF College Park
Tuition
The following is tuition and fee information for the 2019-2020 academic year. 

MFin in College Park
In-State Resident

$1,582 (per credit)

MFin in College Park
Out-of-State Resident

$2,098 (per credit)

Tuition and fees are subject to change each academic year. 

Fees

College Park Mandatory Fee*
(Per semester for any student taking College Park courses)

$280.00

International Student Fee
(For all international students)

$125 per semester

Tuition and fees are subject to change each academic year. 

Fee Breakdown

For more information about the summer mandatory fee for courses taken at the College Park campus, please visit the Office of Extended Studies' website.

Deadlines
If you are registered for class:Payment is due:
February 25, 2020 - March 24, 2020April 20, 2020
After March 26, 2020May 20, 2020
Billing and Payment

Where can I view my bill online and make tuition payments?

  • Summer 2020 bills will be generated in mid-March and are due by April 20th
  • Go to The Office of Student Financial Services and Cashiering 
  • Choose "Make a Payment" and "Student Login"
    • Log-in using your Directory ID and Password
      • Payment can be made by Credit or Debit Card (2.75% processing fee), e-check, check, wire transfer or cash.
      • Sponsored students should use the 3rd party billing process. 
  • Follow instructions to make a payment
  • Select View & Pay Accounts to view current activity or latest statement

Notes

Tuition and fees are subject to change and annual increases.

MFIN & MQF students are charged on a per credit basis.

Any student coded as a non-resident will pay the out-of-state tuition rate for courses taken at College Park.

Study trips, study abroad and external agreements (Consortium, Inter-Institutional, etc.) classes are charged tuition based on the student’s residency classification.

Students enrolled in College Park courses, study trips, study abroad and external agreements (Consortium, Inter-Institutional, etc.) will pay applicable College Park fees.

Tuition Remission for Students Holding GA/TA Positions

If a student holds a GA position over the summer semester, please work with your department HR to determine the benefits. 

Billing Explanation and Resources

Students who register for summer are exempt from immediate payment. Students who register between February 25th through March 24th will have a billing due date of April 20, 2020. Students who register after March 25th will have a billing due date of May 20th.

*Students who are using financial aid to pay towards summer balances will receive a late fee due to the delayed disbursement of financial aid through the Financial Aid Office. The late fees will be removed by the Financial Aid Office for those students whose aid disburses during the first disbursement of summer aid, which will occur on Monday, May 20, 2020. As a reminder, financial aid, for these purposes, only applies to federal financial aid (student loans). The waiver of late fees does not apply to those students who are self funding their summer enrollment or receiving payments from an external organization.

Monthly Billing Statements are generated at the end of each month by the Office of Student Financial Services and Cashiering. This statement will show the status of your student account on the date in which your statement is generated. Students should utilize the "Student Account Inquiry" screen in Testudo to receive a live view of their bill. The Student Account Inquiry screen is a useful tool that allows students to view their account balance, especially when in between billing cycles.

Many students utilize employer benefits to help fund their education. Often employers require students to provide additional information to have their courses approved for reimbursement. Students can submit a copy of their Billing Statement, Unofficial Transcript or Certification of Enrollment with Course Schedule, and tuition information. If you would like to provide your employer with additional information, the Student Template can be used as a guide in explaining this process. Please note that this is for personal use and the contents within the cover letter is not affiliated with the University of Maryland or the Robert H. Smith School of Business. 

Financial Aid

In order to qualify for federal financial aid, students must maintain a minimum enrollment of 4 credits in a semester. Students who do not enroll in 4 credits will not be given a financial aid package. 

During summer registration, students who are interested in paying their summer balance using financial aid must select the "financial aid" payment option once the payment screen generates on the registration website. Students who do not elect this option but want to use financial aid assistance will need to contact the Office of Financial Aid directly by emailing loantalk@umd.edu. Students should request a review of their summer aid provide the number of credits that they are registered for. 
 
Under the 2019/2020 FAFSA, students are eligible to receive any unused unsubsidized and/or Grad Plus Loan funding left over from the fall and spring semesters. 
 
More information regarding the unsubsidized and Grad Plus Loans are available on the financial aid website. 
If you have any questions about the summer financial aid process, please contact Smith Billing and Financial Aid via email at sbfa@rhsmith.umd.edu(link sends e-mail).