Financial Information for New Students
Students planning to attend UT in F-1 or J-1 status must request a Form I-20/DS-2019. Upon being admitted, students will receive a welcome email from Texas Global with instructions for using myIO. This online system will be used for submitting financial documentation and other information needed to issue the Form I-20/DS-2019.
When requesting the Form I-20/DS-2019, students must provide proof of sufficient funds to cover the estimated expenses for their first academic year of study as outlined below. While there is no specific deadline for students to submit their financial documents in myIO, this information should be submitted in a timely manner to initiate the I-20/DS-2019 issuance process.
2022-23 Estimated Cost of Attendance
Please note that if you have accompanying dependents (spouse & children under the age of 21) your estimated cost of attendance will be higher than the base cost of attendance listed below to reflect the additional living expense for your dependents.
Accompanying Dependents
- Spouse: Additional $10,400
- Child: Additional $4,900 per child
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Undergraduate
Tuition & Fees (2 semesters)
- Non-Resident: $46,482
- Resident: $15,941
Living Expenses (12 months)
- Non-Resident: $20,000
- Resident: $20,000
Total
- Non-Resident: $66,482
- Resident: $35,941
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Graduate
Tuition & Fees (2 semesters)
- Non-Resident: $23,149
- Resident: $14,052
Living Expenses (12 months)
- Non-Resident: $20,000
- Resident: $20,000
Total
- Non-Resident: $43,149
- Resident: $34,052
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Master of Business Administration
Tuition & Fees (2 semesters)
- Non-Resident: $63,721
- Resident: $57,848
Living Expenses (12 months)
- Non-Resident: $20,00
- Resident: $20,000
Total
- Non-Resident: $83,721
- Resident: $77,848
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Master in Professional Accounting
Tuition & Fees (2 semesters)
- Non-Resident: $51,820
- Resident: $31,501
Living Expenses (12 months)
- Non-Resident: $20,000
- Resident: $20,000
Total:
- Non-Resident: $71,820
- Resident: $51,501
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MFA in Studio Art
Tuition & Fees (2 semesters)
- Non-Resident: $31,830
- Resident: $18,403
Living Expenses (12 months)
- Non-Resident: $20,000
- Resident: $20,000
Total
- Non-Resident: $51,830
- Resident: $38,403
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School of Law (LLM)
Tuition & Fees (2 semesters)
- Non-Resident: $52,265
- Resident: $36,464
Living Expenses (12 months)
- Non-Resident: $20,000
- Resident: $20,000
Total
- Non-Resident: $72,265
- Resident: $56,464
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School of Law (JD)
Tuition & Fees
- Non-Resident: $59,701
- Resident: $41,469
Living Expenses
- Non-Resident: $20,000
- Resident: $20,000
Total
- Non-Resident: $79,701
- Resident: $61,469
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Reciprocal Exchange Student
Living Expenses
- 1 Semester: $8,335
- 1 Academic Year: $16,670
- Summer Term: $5,000
*Summer enrollment is only available to specific exchange partners.
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College of Pharmacy
Tuition & Fees
- Non-Resident: $ 54,448
- Resident: $ 26,009
Living Expenses
- Non-Resident: $20,000
- Resident: $20,000
Total
- Non-Resident: $ 74,448
- Resident: $ 46,009
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Option III/Executive Programs
Executive Programs have a different tuition structure than other degree programs at the University. Please refer to the costs below regarding how much tuition will be required for I-20/DS-2019 issuance.
- The calculation includes tuition for your program plus additional ISSS fees (such as health insurance and the ISSS Support Services fee).
- The calculation is based on one year of expenses. If your program duration is for more than 12 months, you should expect to pay more than the estimated amount.
- The calculation does not include summer ISSS or health insurance fees.
- You will need to add estimated annual living costs of $20,000 to the tuition amounts.
Once you have identified your costs, you can provide financial documentation equaling that amount in myIO.
McCombs School of Business
- Master of Science in Technology & Commercialization (MSTC) (resident & non-resident) - $60,879
- Master of Science in Finance (resident) - $51,879
- Master of Science in Finance (non-resident) - $56,879
- Master of Science in Business Analytics (resident) - $51,879
- Master of Science in Business Analytics (non-resident) - $56,879
- Master of Science in Marketing (resident) - $51,879
- Master of Science in Marketing (non-resident) - $56,879
- Master of Science in Information Technology and Management (resident) - $51,879
- Master of Science in Information Technology and Management (non-resident) - $56,879
College of Liberal Arts
- Master of Arts in Economics (resident) - $35,379
- Master of Arts in Economics (non-resident) - $45,879
- Master of Arts in Human Dimensions of Organizations (resident & non-resident) - $49,879
Cockrell School of Engineering
- Master of Science in Engineering Management (resident & non-resident) - $49,879
Funding Support Documentation Guidelines
Documentation for all sources of expected funding must be electronically uploaded and submitted via myIO. Documents submitted via mail, email, or fax will not be accepted. The following guidelines must be met when submitting financial documentation:
- All funds must be liquid
- Issued within the last 12 months
- Written in English or accompanied by an English translation
- A Letter of Financial Support must be submitted when funding will be provided by an individual (e.g. relative, family member, etc.) other than the student.
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Bank Statement
Statement(s) should include name of bank account holder, date of issuance, type of account (e.g. checking, savings, certificate of deposit), total available account balance held by the account holder, official bank name and address by means of a logo or a heading. Please note that only bank summaries are reviewed. Bank transactions histories do not need to be submitted.
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Bank Certificate
On original bank letterhead, letter should include bank name, address, bank official printed name and title, bank official original signature, bank seal, account holder’s name, type of account, current amount in account, currency type, and date of issuance.
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Assistantship/Fellowship from UT Austin
Enter your departmental contact's information in myIO. The contact will then confirm your funding information.
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Government/Company/Organization Sponsor
The sponsorship letter (also commonly known as a financial guarantee letter or Terms of Appointment) should be on official letterhead and issued by the sponsoring entity, most commonly a government, company, or other organization. If your primary funding is from one of these sources, you may be classified as a sponsored student at UT. This letter must confirm the details of your sponsorship, including amount of tuition coverage and living stipend, or total amount of award provided. To find more information regarding specialized billing and services for sponsored students, please visit the Sponsored Student Services page.
Please note that a bank loan is not considered sponsorship.
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Student Loan Approval Letter
Letter must show that student is approved for loan.
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Letter of Financial Support
If source of funding will be provided by an individual (e.g. relative or friend) other than the student, a letter of financial support must also be submitted. The letter must include the bank account holder’s full name, relationship to the student, amount and duration of support, account holder’s original signature, and date letter was signed. View a financial support letter template here.
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Other Funding
One half the value of stock shown on a Financial Statement will be counted toward the minimum financial requirement. Proof of finances in the form of a paycheck or tax documents from a sponsor will be counted as follows: One third of the salary will be calculated, and this amount can make up no more than one half of the student's total required funding amount. We do not accept retirement funds as proof of funding.