Master of Professional Studies in Technology Entrepreneurship > Admissions > Tuition & Financial Aid
The total cost for tuition and fees is approximately $22,000 USD. For Fall 2018 to Spring 2019, tuition per credit is $717. Tuition is subject to change each academic year, as approved by the Board of Governors, and any tuition change is applicable to all enrolled students. The students services fee is $95 per term. The estimated cost of books is $150 per course.
Payment due dates are determined by the date of a student’s initial registration. Payment due dates for professional programs do not follow standard UMD policy. Should payment or note fail to post by the due date, you will be canceled for non-payment and risk losing your course seat. Finance charges may accrue if payment is not made within 30 days of registration. Do not submit payment for fall registration until after July 15 as charges do not post to the student account until after this date. This is a system issue.
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Payment Methods: If financial aid, 3rd Party Billing, etc., is used to cover tuition and fees, it is your responsibility to ensure that such payment posts to your student account by the due date. Payment reminders are not sent. If there is a balance on your student account relating to program registration after the payment due date, you will be canceled for non-payment. The University will assess a 2.0% processing fee for all credit and debit card transactions. There is no processing fee for ACH (electronic check) payments. For complete information, click here.
While the University reserves the right to cancel and/or limit enrollment for financially delinquent students, registration may not be automatically canceled for non-payment of tuition and fees. In addition, failure to attend class does not result in automatic cancellation. It is the student's responsibility to avoid academic and/or financial consequences by canceling registration prior to the first day of classes.
Students Canceled Before the Start of Any Given Session or Term: Students canceled for non-payment at any time before the start of a given session or term will be blocked from future registration. Notification is sent via the e-mail of record. If the course is full, the seat is lost. If the course is online, all access is lost. To re-register, pre-payment is required. The re-registration process may take up to 48 business hours to complete after pre-payment has been submitted.
Students Withdrawn After the Start of Any Given Session: Students withdrawn for non-payment on or after the first day of a given session will immediately lose course access. Notification is sent via the e-mail of record. To re-register, pre-payment is required. In addition, the course instructor is required to send an e-mail supporting the re-registration request. The re-registration process may take up to 48 business hours to complete after pre-payment has been submitted.
If a student does not re-register, a notation of withdrawal from the term and the effective date will post to the students official University transcript and leaves a partial or full balance due for tuition and fees depending on the date of withdrawal. To appeal for the removal of the withdrawal, an Exception to Policy must be submitted.
State and/or Federal Financial Aid: Many graduate students are eligible for a range of financial resources to fund their studies including loans (federal and private), scholarships, grants, or institutional aid. For all questions relating to UMD Sources of Funding, contact the Office of Student Financial Aid, at email@example.com.
UMD Sources of Funding
Terp Payment Plan (TPP): A convenient alternative to lump sum tuition payments. By enrolling in the plan, you can make monthly payments with no interest! The Terp Payment Plan (TPP) may NOT be used for Winter Term, Summer Term, or graduate programs that use the quarter session format. For complete information on TPP, click here.
Veterans: For assistance and information, visit UMD’s Office of Veteran’s Benefits. Veterans are only certified for the current term. Benefits do not automatically roll over from one term to another. To ensure that your student record properly reflects your status, email firstname.lastname@example.org.
Tuition Remission Policy: Tuition remission does not cover mandatory student services or other fees. For graduate programs, remission is calculated at the in-state graduate rate. If the program charges a higher tuition, the student is responsible for the difference. UMD System employees must contact their home institution’s Human Resource office for authorization. For UMD employees needing information on tuition remission, click here.
Third Party Billing: Third Party Billing is when a private or government agency is paying any portion of your tuition or fees and are requesting a bill from the University. For more information, click here.
The University does not automatically refund a credit balance. For information on how to request a refund, click here.