Tuition and fees for the 2021-2022 academic year

Tuition totals for the 2021-2022 academic year
Degree Track TX Resident Non-Resident
10-Month $31,500 $42,000
18-Month $39,000 $52,000
24-Month $46,500 $62,000


Financial aid

Students are not eligible for University financial aid but may be eligible for student loans through the Office of Financial Aid (OFA). Detailed financial aid application instructions are available on OFA’s website.

To apply for loans, students will need the Free Application for Federal Student Aid (FAFSA). The Title IV School Code for The University of Texas at Austin is 003658. Though applicants can submit a FASFA anytime through May, please note the OFA’s January 15 priority FASFA application submission deadline.

International students are not likely to qualify for student loans and, therefore, should be prepared to use personal funds for tuition and fees (including health insurance fees and ISSS student support fees).

Merit-based tuition and fee waivers

 The MA program awards merit-based tuition reduction assistance to exceptional applicants at the time of admission. All applicants are considered for merit-based tuition reduction awards during the application review process, no separate application is necessary.

Assistantship positions and outside employment

MA Economics students are ineligible for and thus not allowed to accept research assistantships (RA), teaching assistantships (TA), or any other University Academic Employment appointments, either in or outside of the Department of Economics, while enrolled in the MA Economics program at The University of Texas at Austin. Additionally, due to the program’s intensive coursework, outside employment is not recommended.

Cost of living comparison

It is less expensive to live in Austin, Texas than in other U.S. cities with top graduate programs. Take a look at our cost of living comparison for more information. UT Austin’s Office of Financial Aid also provides general estimates for the cost of attendance (excluding tuition) including room and board, transportation, and books.