Financial

Penn State is a public university that receives some funding from the government and from taxpayers. There is, at this time, essentially no financial aid available for international undergraduate students.  U.S. Citizenship or legal permanent residency is a requirement for federal funds; Pennsylvania residency is a further requirement for state funds.

University Park Graduate Students: Breakout of Expenses

Full-Time Tuition and Fees Estimates:

MBA 12 credits $45,200
Business, Science, IST & Engineering 9 credits $30,900
Engineering - One Year Master's Program**  30 credit minimum $51,100
All other programs 9 credits  $29,700
Great Valley Graduate Center 12 credits $42,700

        
The tuition estimates listed above are based on the minimum number of credits required by the Department of Homeland Security to maintain full-time student status, (9 Credits), unless otherwise noted. Scheduling more than the minimum number of credits may increase your tuition charges. The figures provided here are estimates only.  Tuition charges are set immediately preceding each academic year by the Bursar's Office.

**The One Year Engineering Master's program is based on a minimum of 12 credits for the fall and spring semesters, and 6 credits for the summer.  Students are required to register for summer classes.  Please check with the department for the course requirements. Some programs require more than 30 credits, which will increase the annual estimated tuition fees.

NOTE TO GRADUATE STUDENTS:  If your program requires or if you choose to enroll for more credits than the minimum required for full-time enrollment, you must recalculate the tuition and fees because they may be higher than what is listed here.

Graduate Assistants/Fellows:

If your sponsorship includes tuition and discounted insurance, DISSA will consider you fully funded ONLY if the stipend combined with any assistantship/fellowship award is greater than your estimated living costs plus your portion, (20%) of the medical insurance, or $24,000.  If you are traveling with dependents, stipends are not sufficient to cover dependents' expenses and are not intended to do so. Graduate Assistant spouse dependent expense are $6,900 (including $850 for insurance). Graduate Assistant child dependent expenses are $4,400 for the first child, $4,400 for the second child and $3,500 for each additional child. This information is subject to change, and includes estimates only for the purpose of issuing visa eligibility documents. Please contact uhs-insurance@psu.edu for the most accurate insurance information.

Living Expenses:

We estimate 12 months of living expenses to be $23,300 for a graduate student.  This includes approximately $1,900 for books and supplies.

The estimated $1,900 cost for books and the estimated $21,400 for living expenses are based on figures provided to us by the Student Aid Office for the current academic year.  The $21,400 figure includes estimated amounts for room, board, clothing, laundry, personal care items, local transportation, and so on.  To obtain a Visa Eligibility Document to apply for an F-1 or J-1 Student Visa, we must receive proof of support for 12 months (federal regulation).

Mandatory Medical Insurance:

The insurance rate of an estimated $3,400 for the Fall 2021-Spring 2022 academic year was provided to us by the Student Insurance Office, using actual amounts as possible. Actual insurance rates will be available on the Student Insurance website closer to the start of the fall semester.

More information about the Insurance Mandate

Bringing a Spouse or Child:

If you will be accompanied by dependents, you will be fully responsible for their support and additional funds are required. Medical insurance is mandatory for all accompanying dependents. The high cost of child care for preschool children (ages 0-6 years) is not included in the child expenses figures. Child insurance expenses have a maximum fee for 3 or more children.

Additional Spouse Expenses  $6,000 Living $3,400 Mandatory Insurance  $9,400 Total
Additional First Child Expenses $3,500 Living $3,400 Mandatory Insurance $6,900 Total
Additional Second Child Expenses $3,500 Living $3,400 Mandatory Insurance $6,900 Total
Each Additional Child $3,500 Living   $3,500 Total for each additional child