The following are tuition rates and fees for the 2024-2025 academic year.
Tuition is billed per credit hour in the MFin & MQF programs and determined by your state of residence.
This information is applicable to the following programs:
- Master of Finance
- Master of Quantitative Finance
Tuition
| MFin and MQF in College Park In-State | $1,631.00 (per credit) |
| MFin and MQF in College Park Out-of-State and International | $2,115.00 (per credit) |
Fees
| SMSA Fee | $80.00
|
| College Park Mandatory Fee (Per semester for any student taking College Park courses) | 8 or Fewer Credits - $358.00 9 or More Credits - $692.50 |
| International Student Fee | $125 per semester |
| Student Health Insurance Plan (SHIP) | Students are automatically enrolled in the Student Health Insurance Plan (SHIP) upon registering for classes and the premium fee will be billed to the student's account. After registering, newly admitted students must wait 2 business days to complete the waiver. Waiver opens in December. Students who do not complete the waiver by September 30, 2024, will be billed the premium fee accordingly. Please refer to SHIP information below to waive SHIP or purchase/enroll in SHIP. |
The following is a breakdown of fees for any student taking one or more College Park courses.
| Item | ≤ 8 College Park credits | > 8 College Park credits |
| Athletics | $33.00 | $66.50 |
| Shuttle Bus | $78.00 | $155.50 |
| Student Union | $96.50 | $193.00 |
| Student Activities | $24.00 | $24.00 |
| Recreation Services | $114.00 | $228.50 |
| Student Counseling Center | $12.50 | $25.00 |
| $358.00 | $692.50 |
Deadlines
| If you are registered for class by: | Payment is due: |
| By July 25, 2024 | August 20, 2024 |
| After July 25, 2024 | September 20, 2024 |
Notes
Tuition and fees are subject to change and annual increases. Although changes in fees are ordinarily announced in advance, the University reserves the right to make such changes without previous announcement.
Masters students are charged on a per credit basis.
Any student coded as a non-resident will pay the out-of-state tuition rate and applicable College Park fees for courses taken at College Park and through external agreements (Consortium, Inter-Institutional, etc).
For example:
A typical graduate level course that uses the university tuition rates would be charged the following:
$844.56 + $803 = $1,631 per credit - for Maryland Residents
$1,841.10 + $273.90 = $2,115 per credit - for Non-Residents
Student Health Insurance Plan (SHIP)
Students are automatically enrolled in the Student Health Insurance Plan (SHIP) upon registering for classes and the premium fee will be billed to the student's account. After registering, newly admitted students must wait 2 business days to complete the waiver. Students who do not complete the waiver by September 30, 2024, will be billed the premium fee accordingly.
- I have existing insurance: Students who have existing insurance and want to be credited for the school health insurance must submit a waiver. Once approved, the insurance charge will be removed from the student account. Click here to waive SHIP
- I want to enroll in SHIP: Students who do not have existing insurance need to enroll in the school health plan. Charges will be assessed on the student account for this insurance. Click here to purchase/enroll SHIP
In-State Residency Status
Students wishing to challenge their out-of-state classification may do so by filing a timely "Petition of In-State Status Form" with the Office of the Registrar. Informational sessions are typically held at the beginning of the semester. The deadline for meeting the 12-month requirement for in-state status and for submitting a petition and supporting documentation is the end of the schedule adjustment period for the semester in which you wish to be classified as in-state. Retroactive in-state status is not granted.
It is imperative that students obtain a petition as soon as possible. Late petitions will not be accepted. The volume of petitions for review of eligibility may necessitate a delay in completing the review process. It is to your advantage to apply early. In most cases, a final decision will be made within 90 days of receipt of a complete petition. For residency self-evaluation forms, walk-in hours, or other information, please contact:
Residency Classification Office
Office of the Registrar
Room 1118 Mitchell Building
Phone: (301) 405-2030
Fax: (301) 314-9832
e-mail: resclass@deans.umd.edu
Contact
For general questions, please contact Smith Billing and Financial Aid via email at smithfinancials@umd.edu.