Tuition & Fees - MFin & MQF

The following are tuition rates and fees for the 2025-2026 academic year. 

Tuition & fees for the 2025-2026 academic year will be updated by July 1st. 
 

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
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)

 

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.

The SHIP deadline dates for the 2025-2026 academic year will be revised during the summer.

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
If you are registered for class by:Payment is due:
By July 25, 2025August 20, 2025
After July 25, 2025September 20, 2025

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).

Smith MBA and Masters students taking UMD courses outside of the Smith School will now be subject to added per-credit differential tuition in addition to the base-rate tuition of those non-Smith courses.

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

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. The SHIP deadline dates for the 2025-2026 academic year will be revised during the summer.

 

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

For general questions, please contact the Smith School Team.