Master of Professional Studies in Technology Entrepreneurship  >  Admissions  >  Tuition & Financial Aid

Tuition + Fees

The total cost for tuition and fees is approximately $22,500 USD. For Fall 2018 to Spring 2019, tuition per credit is $717. For academic year 2019-2020 the tuition per credit is $731. 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 for academic year 2018 to 2019 is $95 per term; for academic year 2019 to 2020 is it $100 per term. The estimated cost of books is $150 per course.

When to Pay

The payment deadlines below (semester or term) shows the payment due date as related to registration. Upon registration, tuition and fees post to the student account. If you register early and not do submit payment within 30 days of registration, UMD’s Student Financial Services may assess finance charges. For fall semester / Term I registration only: if you register early, DO NOT submit payment until after July 15. Tuition and fees do not post to the student account until after this date. This is a Student Financial Services system issue.

  • If you are depending on alternative payment—loans, Terp Payment Plan, Third Party Billing—to cover the costs of registration, send an email as soon as you register to with such information so that a note is placed on your student account.

Term-Based Program Deadlines

Term If You Registered: Payment Must Post:
I (fall) Before August 19 August 20, 4:30 p.m.
On or after August 19 Within 24 hours
II (winter) Before November 19 November 20, 4:30 p.m.
On or after November 19 Within 24 hours
III (spring) Before February 19 February 20, 4:30 p.m.
On or after February 19 Within 24 hours
IV (summer) Before May 19 May 20, 4:30 p.m.
On or after May 19 Within 24 hours

Payment Policy

Professional Graduate Programs payment due dates are determined by the date of a student's initial registration and do not follow UMD’s Student Financial Services standard plan. Payment by the posted deadlines is required. Students are not billed. Students are responsible for checking their student account to ensure that full payment has posted. If there is a prior balance and you do not submit payment for this balance, UMD’s Student Financial Services may use your payment to cover this prior balance.

Should full payment not post, students may be canceled or withdrawn and blocked from future registration. Students may lose their seat if the course is full. Notification of this requirement is sent to the email of record following any add/drop activity. Check your spam folder. No additional reminder is provided. Update your email of record.

While the University reserves the right to cancel or withdraw and limit enrollment for financially delinquent students, your registration may not be automatically canceled or withdrawn for non-payment of tuition and fees. Failure to attend class does not result in automatic cancellation. In addition, non-payment cannot be used as a means for dropping a course or canceling registration. Students are ultimately responsible for officially dropping a course, canceling registration, or withdrawing by the posted deadlines to avoid academic and/or financial consequences.

Payment Process (How to Pay)

Step #1: Determine Your Account Balance

Step #2: Select Your Payment Method

Step #3: Submit Payment

Financial Aid & Alternative Payment

Alternative Payment includes Financial Aid, Terp Payment Plan, Third Party Billing, Veterans Benefits, Tuition Remission. If an alternative payment method 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.

Financial Aid: State and/or Federal

  • 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

Financial Aid: UMD Sources of Funding

Financial Aid: International Students

  • International students are restricted in receiving certain types of financial aid. See Available Options.

Terp Payment Plan

  • 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 may NOT be used for Winter Session, Summer Session, or graduate programs that use the term-based calendar.


  • 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

Tuition Remission

  • For professional graduate programs, tuition remission is calculated at the in-state graduate rate. If the program charges a higher tuition, the student is responsible for the difference. Tuition remission does not cover mandatory student services or other fees. Fee payment is required by the posted deadlines. UMD System employees receive authorization from their home institution. UMCP employees work with their department’s human resources staff. See UMCP UHR Tuition Remission. See UMCP UHR Tuition Remission.

Third Party/Sponsored Billing

  • Third Party/Sponsored 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.

Consequences for Non-Payment

Cancelled for Non-Payment

  • 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 email 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 two business days to complete after pre-payment has been submitted.

Withdrawn for Non-Payment

  • Students withdrawn for non-payment on or after the first day of a given session or term lose course access. Notification is sent via the email of record. To re-register, pre-payment is required. In addition, the course instructor is required to send an email supporting the re-registration request. The re-registration process may take up to five business days 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, submit an Exception to Policy.

Refund Policy

The University does not automatically refund a credit balance. To request a refund, see Student Financial Services—Refunds Overview.

Learn More

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