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Funding Your Master's Degree

Learn about the cost of attendance and ways to finance your MSTC Degree at Texas McCombs.


We know that pursuing a Master's in Technology Commercialization is an investment in your future. To support you through the process, we offer a number of resources that will help you explore ways to finance your degree. Ranked as the #3 Master's Program for Entrepreneurship in the U.S. by Eduniversal, the value of your degree will start paying dividends immediately.

Program Costs

Tuition & Fees

The information below reflects tuition and fees for the 12 months MSTC program for the 2023-2024 academic year. Tuition, fees, and charges are subject to change by administrative, legislative or regental action.

Estimated One-Year Tuition and Fees 

Texas Resident: $58,500

Non-Texas Resident: $58,500

A non-refundable $2,000 deposit is required once you accept our offer of admission and is credited toward your first-semester tuition bill.

Included in the Rate above:

  • Program tuition and registration fees
  • Lodging and some meals during Launch Week, Fall Intensive, and the International Trip held in December
  • Access to The University of Texas at Austin resources

Tuition estimates are based on 15 hours per semester enrollment. Tuition is billed on a schedule based on how many total hours you are enrolled. The 2023-2024 MSTC Tuition Rates can be found on Texas One Stop under the Graduate section. Tuition is expected to increase 3-5% each academic year.


Estimated Expense for the Academic Year

Tuition does not include insurance, books, living expenses, other fees. Other expenses you can appeal to have included in your cost of attendance* if financial aid is needed:

  • Laptop Computer - $2,500
  • UT Academic Health Plan
  • International Student Services fees

*Contact the McCombs Financial Aid Team to initiate the budget appeals process.

Dual Degree Tuition

For information on dual degree tuition rates, please see UT Austin Dual Degree Tuition information.

What is 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, check out the Texas Residency Admission FAQ. 

Funding Options

Federal Loans

If you are a U.S. citizen or permanent resident, you will 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 on October 1 of each year, and we recommend you fill out your FAFSA by January 15th prior to your enrollment, if possible.

Once your FAFSA has been successfully processed, you will be offered enough federal loans up to the estimated Cost of Attendance (COA) for a Full-Time MSTC student. Additional loans can then be requested to help cover living costs and other educational expenses not already included in your program costs, which you can request by emailing the McCombs Financial Aid team. 

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. The Financial Aid team will begin packaging McCombs students' financial aid in late May/early June for the upcoming aid year. If you do not receive a Financial Aid Notification (FAN) by the end of June, please contact us at

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 Private Loan Certification Request 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

International Student Options

There are some loan options available for international students. More favorable loan terms may be available if you have a U.S. citizen or permanent resident as a co-signer. There are a few lenders that do not require a U.S. co-signer for approval, but the loan terms are typically less preferable. 

The University of Texas at Austin cannot co-sign on any loans, and as a public institution, we are unable to recommend any specific lenders. We advise searching online and speaking to current students or alumni to see what options may be available for your. Once you choose a lender, we are able to work with all banks and lending institutions to process your loan.

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: (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).


There are a limited number of scholarships available to Texas McCombs MS Program students. All Texas McCombs 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. Please refer to scholarship search engines similar to Fastweb or Sallie Mae’s Scholarship Search.

Veteran Benefits

The McCombs School of Business welcomes veterans, active duty members, and their families. Nearly 30% of MSTC students are veterans or current service members, and many of our military students receive full or partial tuition assistance.


The McCombs School of Business created the George Kozmetsky Tuition Waiver specifically for highly experienced, top-of-their-field technology commercialization professionals who have submitted an application to the Texas McCombs MSTC Program. Categories for application are: Entrepreneur, Corporate Innovator and Technology Transfer. The program will offer one waiver per category. 


The George Kozmetsky Tuition Waiver, in the amount of $10,000, will be awarded evenly over the three Texas McCombs MSTC program semesters. The award will apply to the academic year of application, and the student must remain in good academic standing. Students who plan to apply for the waiver must have secured their seat in the program by the January 29 deadline.


To be considered for this waiver, qualified applicants should send a letter to the Program Director stating: (1) How your technology commercialization initiatives would be benefited by earning the McCombs MSTC degree, and (2) how you can contribute to the strengthening the McCombs School of Business brand within the category that you have applied.

Contact Financial Aid

Texas McCombs MSTC team is here to assist in the process of securing funding and direct you to the multitude of resources available. Please reach out directly to an MSTC representative or the McCombs Financial Aid team (instead of the central UT Office of Scholarships and Financial Aid or Texas One Stop) with all of your financial aid questions.