University of Texas at Austin

Tuition & Financial Aid

Tuition & Financial Aid

Tuition & Financial Aid

McCombs School of Business McCombs School of Business

Program costs

The Texas McCombs Master of Science Programs offer an incredible value for students pursuing their graduate degree in business. Current tuition costs* for the Texas McCombs MS Programs are as follows:

  Pre-Enrollment Tuition Fee  Summer  Fall Spring Total
 Traditional Applicants
 Texas Resident  $2,000  $6,000  $17,500  $17,500  $43,000
 Non-Texas Resident  $2,000  $7,000  $19,500  $19,500  $48,000
 Bridge Applicants - ONLY OPEN TO UT UNDERGRADUATES
 Texas Resident  $2,000  $4,500  $17,500  $17,500  $41,500
 Non-Texas Resident  $2,000  $5,500  $19,500  $19,500  $46,500

*A non-refundable $2,000 pre-enrollment tuition fee is required once an applicant accepts our offer of admission in order to secure a seat in the program.

These costs do not cover:

  • Books, software, supplies, living expenses
  • Laptop
  • Optional fees such as parking and sporting event tickets

The McCombs Financial Aid Team has created a McCombs MS Student Estimated Cost of Attendance using the budget the Office of Scholarships and Financial Aid approved to be the basic, necessary expenses required while participating in the program.  

Texas Residency

Texas law classifies each person who applies for admission to a Texas public college or university as:

  • A resident of Texas;
  • A non-resident; or
  • A foreign (international) student.
Students classified as Texas residents pay lower tuition rates and qualify to apply for financial aid awarded by the state. For detailed information about establishing Texas residency for tuition purposes, please visit the residency website

Visit UT Austin Admissions or contact the Residency Office at GIAC for more information.

Financial Aid

Texas Master of Science Programs understands that graduate school is an investment in your future. To assist our students, all MS Programs admitted students have access to their own financial aid team to assist in the process of securing funding for tuition and living costs. Instead of reaching out to Texas One Stop or the Office of Financial Aid and Scholarships, please instead reach out to your dedicated McCombs Financial Aid Team with all of your financial aid questions!

LOANS AND OTHER OPTIONS

Federal Loans

Federal Loans

Watch our video on Federal Loans. If you are a U.S. citizen or permanent resident, you'll likely be eligible for federal student loans. To determine your eligibility, you must complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is available October 1 of each year for the next school year and it is recommended that you have both the current year and next year’s FAFSAs completed no later than June 1st prior to when your program begins. The UT Austin School Code is 003658.

Once your FAFSAs have been successfully processed, you will be offered federal loans to cover your full estimated cost of attendance for the summer, fall, and spring semesters.

You can check the status of your FAFSA after it has been submitted by visiting the ‘Status/Requirements’ page in your Check Aid Status Here (CASH) portal. We will begin packaging McCombs students’ financial aid in June for the upcoming aid year. If you do not receive a Financial Aid Notification (FAN) by the end of June, please feel free to contact us at FinancialAid@mccombs.utexas.edu.

International Students

International Students

For an international student, there may be loan options available. Better loan terms may be available if you have a U.S. citizen or permanent resident as a co-signer. Though loan terms will likely be less preferable, there are a few lenders that do not require a U.S. cosigner to be approved. We are not able to recommend any lenders specifically and would instead advise doing an internet search to see what options are out there. We will work with all banks and lending institutions.

We, as the University of Texas at Austin, cannot be your co-signer.

THINGS TO KEEP IN MIND:

  • In additional to program tuition and fees, international students are responsible for international health insurance fees and ISSS fees.
  • All international applicants who plan to enroll at The University of Texas at Austin in F-1 or J-1 status must submit the Certification of Financial Responsibility Form even if they are currently living in the United States. Questions regarding the completion of the form should be directed to: hotline@austin.utexas.edu (please note that the Certification of Financial Responsibility form is used for immigration document processing, not for admissions purposes--therefore, the form is not required for the completion of an admissions application).

Private Loans

Private Loans

If you choose to pursue a private loan, we recommend applying no sooner than a few months before the start of your program. Most private loans are credit-based and the approval decision may expire. Check with your lender about the length of time your application will remain valid before you apply. As a reminder, summer loans require a separate approved application with your preferred lender and we cannot certify a summer disbursement with a fall/spring loan.

Once you have been approved for loan funding through an outside lender, please be sure to notify the McCombs Financial Aid Team that your loan is ready for certification by filling out this online form. Please be advised that since UT is such a large institution, we do not receive notifications directly from lenders when a student has been approved for funding.

If you have any questions, feel free to contact us at FinancialAid@mccombs.utexas.edu.

Scholarships

Scholarships

There are a limited number of scholarships available to Texas MS Program students. All Texas MS Program applicants are automatically considered for these opportunities; no separate application is necessary. Scholarships are considered separately within each degree program.

Please note that the McCombs Financial Aid Team does not oversee any other scholarship programs and does not take part in the selection process of Admissions Recruiting Awards. You of course can apply for scholarships from outside organizations but there is no internal list of scholarships available to apply to. Please refer to scholarship search engines similar to Fastweb or Sallie Mae’s Scholarship Search.

Teaching & Work Study

Teaching & Work Study

MS Program students are not typically eligible for university employment as teaching or research assistants. Due to the rigorous nature of the coursework, outside employment is not generally recommended.