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.

2020-21 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.

• Accompanying Dependent-Spouse Additional $9,800
• Accompanying Dependent-Each Child Additional $4,300

• Undergraduate

  Tuition & Fees (2 semesters)

  • Non-Resident: $43,964
  • Resident: $15,146

  Living Expenses (12 months)

  • Non-Resident: $19,000
  • Resident: $19,000

  Total 

  • Non-Resident: $62,964
  • Resident: $34,146
• Graduate

  Tuition & Fees (2 semesters)

  • Non-Resident: $22,204
  • Resident: $13,347

  Living Expenses (12 months)

  • Non-Resident: $19,000
  • Resident: $19,000

  Total

  • Non-Resident: $41,204
  • Resident: $32,347
• Master of Business Administration

  Tuition & Fees (2 semesters)

  • Non-Resident: $59,793
  • Resident: $54,269

  Living Expenses (12 months)

  • Non-Resident: $19,000
  • Resident: $19,000

  Total

  • Non-Resident: $78,793
  • Resident: $73,269
• Master in Professional Accounting

  Tuition & Fees (2 semesters)

  • Non-Resident: $47,441
  • Resident: $28,793

  Living Expenses (12 months)

  • Non-Resident: $19,000
  • Resident: $19,000

  Total:

  • Non-Resident: $66,441
  • Resident: $47,793

   

• School of Law (LLM)

  Tuition & Fees (2 semesters)

  • Non-Resident: $50,555
  • Resident: $35,169

  Living Expenses (12 months)

  • Non-Resident: $19,000
  • Resident: $19,000

  Total

  • Non-Resident: $69,555
  • Resident: $54,169
• School of Law (JD)

  Tuition & Fees

  • Non-Resident: $57,537
  • Resident: $39,871

  Living Expenses

  • Non-Resident: $19,000
  • Resident: $19,000

  Total

  • Non-Resident: $76,537
  • Resident: $58,871
• Reciprocal Exchange Student

  Living Expenses

  • 1 Semester: $7,150
  • 1 Academic Year: $14,300
  • Summer Term: $4,700

  *Summer enrollment is only available to specific exchange partners.

• College of Pharmacy

  Tuition & Fees

  • Non-Resident: $52,681
  • Resident: $24,989

  Living Expenses

  • Non-Resident: $19,000
  • Resident: $19,000

  Total

  • Non-Resident: $71,681
  • Resident: $43,989

  *Summer enrollment is only available to specific exchange partners.

• Option III/Executive Programs

  Executive Programs have a different tuition structure than regular 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.
  • You will need to add estimated annual living costs of $19,000 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) - $57,441
  • Master of Science in Finance (resident) - $46,441
  • Master of Science in Finance (non-resident) - $51,441
  • Master of Science in Business Analytics (resident) - $46,441
  • Master of Science in Business Analytics (non-resident) - $51,441
  • Master of Science in Marketing (resident) - $46,441
  • Master of Science in Marketing (non-resident) - $51,441
  • Master of Science in Information Technology and Management (resident) - $46,441
  • Master of Science in Information Technology and Management (non-resident) - $51,441

  College of Liberal Arts

  • Master of Arts in Economics - 10 months (resident) - $34,941
  • Master of Arts in Economics - 10 months (non-resident) - $45,441
  • Master of Arts in Economics - 18 months (resident) - $42,441
  • Master of Arts in Economics - 18 months (non-resident) - $55,441
  • Master of Arts in Economics - 24 months (resident) - $49,941
  • Master of Arts in Economics - 24 months (non-resident) - $65,441
  • Master of Arts in Human Dimensions of Organizations (resident & non-resident) - $32,950

  Cockrell School of Engineering

  • Master of Science in Engineering Management (resident & non-resident) - $45,441

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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.

• 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. A financial support letter template can be found here.