The following are tuition rates and fees for the 2025-2026 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 (MS & MFin Students Only - Fall and Spring Semesters) | $80.00
|
| College Park Mandatory Fee (Per semester for any student taking College Park courses) | 8 or Fewer Credits - $376.50 9 or More Credits - $727.00 |
| 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 February16, 2026, will be billed the premium fee accordingly. Please refer to SHIP information below to waive SHIP or purchase/enroll in SHIP. |
Deadlines
| Payment Deadlines: If you registered Between | Bill Generated | Payment is due: |
| November 12- December 22 | December 22, 2025 | January 20, 2026 |
| December 23 - January 23 | January 23, 2026 | February 20, 2026 |
Notes
The dates for registration, as well as tuition and fees, may vary and are subject to annual increases. While fee changes are typically communicated ahead of time, the University retains the authority to implement these changes without prior notice.
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 + $786.44 = $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 February 16, 2026, 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) 314-9596
Fax: (301) 314-9832
e-mail: resclass@umd.edu