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.

  • Students requesting F-1 status must provide proof of funding to cover the estimated expenses for their first academic year of study.
    • Proof of funding must include all of the F-1 student's school and living expenses.
    • Proof of funding must include living expenses for any accompanying F-2 dependents.
  • Students requesting J-1 status must provide proof of funding to cover the estimated expenses for the full length of their program of study.
    • Proof of funding must include all of the J-1 student's school and living expenses.
    • Proof of funding must include living expenses for any accompanying J-2 dependents.
    • At least 50% of the J-1 degree-seeker's funding must come from institutional or government sponsorship (this requirement does not apply to J-1 exchange students).

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.

2023-24 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 $10,900
  • Child: Additional $5,400 per child
Undergraduate

Tuition & Fees (2 semesters)

  • Non-Resident: $46,715
  • Resident: $16,030

Living Expenses (12 months)

  • Non-Resident: $20,500
  • Resident: $20,500

Total

  • Non-Resident: $67,215
  • Resident: $36,530
Graduate

Tuition & Fees (2 semesters)

  • Non-Resident: $23,229
  • Resident: $14,106

Living Expenses (12 months)

  • Non-Resident: $20,500
  • Resident: $20,500

Total

  • Non-Resident: $43,729
  • Resident: $34,606
Master of Business Administration

Tuition & Fees (2 semesters)

  • Non-Resident: $63,921
  • Resident: $58,030

Living Expenses (12 months)

  • Non-Resident: $20,500
  • Resident: $20,500

Total

  • Non-Resident: $84,421
  • Resident: $78,530
Master in Professional Accounting

Tuition & Fees (2 semesters)

  • Non-Resident: $51,984
  • Resident: $31,606

Living Expenses (12 months)

  • Non-Resident: $20,500
  • Resident: $20,500

Total:

  • Non-Resident: $72,484
  • Resident: $52,106
MFA in Studio Art

Tuition & Fees (2 semesters)

  • Non-Resident: $31,935
  • Resident: $18,469

Living Expenses (12 months)

  • Non-Resident: $20,500
  • Resident: $20,500

Tuition & Fees (2 semesters)

  • Non-Resident: $52,435
  • Resident: $38,969
School of Law (LLM)

Tuition & Fees (2 semesters)

  • Non-Resident: $52,430
  • Resident: $36,583

Living Expenses (12 months)

  • Non-Resident: $20,500
  • Resident: $20,500

Total

  • Non-Resident: $72,930
  • Resident: $57,083
School of Law (JD)

Tuition & Fees

  • Non-Resident: $59,888
  • Resident: $41,603

Living Expenses (12 months)

  • Non-Resident: $20,500
  • Resident: $20,500

Total

  • Non-Resident: $80,388
  • Resident: $62,103
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.

College of Pharmacy

Tuition & Fees

  • Non-Resident: $54,620
  • Resident: $26,097

Living Expenses (12 months)

  • Non-Resident: $20,500
  • Resident: $20,500

Total

  • Non-Resident: $75,120
  • Resident: $46,597
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 funding 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 $20,500 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) - $62,403
  • Master of Science in Finance (resident) - $51,903
  • Master of Science in Finance (non-resident) -$56,903
  • Master of Science in Business Analytics (resident) - $51,903
  • Master of Science in Business Analytics (non-resident) - $56,903
  • Master of Science in Marketing (resident) - $51,903
  • Master of Science in Marketing (non-resident) - $56,903
  • Master of Science in Information Technology and Management (resident) - $51,903
  • Master of Science in Information Technology and Management (non-resident) - $56,903

College of Liberal Arts

  • Master of Arts in Economics (resident) - $35,403
  • Master of Arts in Economics (non-resident) - $45,903
  • Master of Arts in Human Dimensions of Organizations (resident & non-resident) - $49,903

Cockrell School of Engineering

  • Master of Science in Engineering Management (resident & non-resident) - $45,303

College of Fine Arts

  • Master of Arts in Design Focused on Health (resident & non-resident) - $49,903

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 6 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.
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.

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.

Assistantship/Fellowship from UT Austin

Enter your departmental contact's information in myIO. The contact will then confirm your funding information.

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.

Student Loan Approval Letter

Letter must show that student is approved for loan.

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.