Financial Options for Our Online Programs
Tuition & Financial Aid Overview
Financing Your Degree
Students have various options to fund their tuition. We have included some of the most frequently used funding options below, but encourage you to consult with the Office of Financial Aid or a financial advisor when determining the best way to fund your tuition.
Tuition Structure Update
For Online M.S. in Computer Science and Online MEM Programs
Effective Fall 2025, the Online M.S. in Computer Science and Online Master of Engineering in Engineering Management programs will incorporate asynchronous course delivery for the initial phase of their curriculum. This change will impact the tuition rates for some courses.
Online M.S. in Computer Science
- Traditional Track: The first four courses are delivered asynchronously
- Advanced Track: The first two courses are delivered asynchronously
Online MEM
- The first two courses are delivered asynchronously
Tuition Rate
To support this transition, Stevens provides two grants that apply a reduced per-credit tuition rate to the first two asynchronous courses.
Aspire Grant (for standard applicants)
$6,708 in tuition support
Pathway Grant (for ASAP applicants)
$6,708 in tuition support
Tuition and Fees
| Program | Credits | Cost Per Credit | Estimated Tuition* |
|---|---|---|---|
| Online MSCS | 24 | $1,993 | $47,832 |
| Online MSCS (asynchronous) | 6 | $875 | $5,250 |
| $53,082 |
| Program | Credits | Cost Per Credit | Estimated Tuition* |
|---|---|---|---|
| Online MEM | 24 | $1,993 | $47,832 |
| Online MEM (asynchronous) | 6 | $875 | $5,250 |
| $53,082 |
| Program | Credits | Cost Per Credit | Estimated Tuition* |
|---|---|---|---|
| Online MBA | 39-48 | $1,993 | $77,727-$95,664 |
*Tuition estimates based on Fall 2025 rates effective September 2025. Tuition and fees are subject to change annually. Additional program fees may apply.
Average Cost of Stevens Online Programs
| Item | Amount |
|---|---|
| First two asynchronous courses: Online MSCS/Online MEM | $2,625 per course |
| Tuition | $1,993 per credit hour |
| Tuition (First two asynchronous courses: Online MSCS/Online MEM) | $875 per credit hour |
| Annual Health Insurance Fee* | $2,204 |
| Student Activity Fee** | $275 per semester |
| General Services Fee – Part Time*** | $402 per semester |
| General Services Fee – Full Time*** | $638 per semester |
| Books | $1,000 |
| Miscellaneous | $1,050 |
Graduate costs are subject to change annually.
*Health Insurance can be waived online with proof of comparable insurance.
**Student Activity Fee is charged for students enrolled full-time (9 credits or more) on campus, online, or in Co-op.
***General Service Fee is charged for courses on campus, online, Maintenance of Full-Time Status (Dean-999), CPT, and Co-op.
FINANCIAL AID
As a graduate student, you may qualify for federal support in the form of loans. We strongly encourage every eligible graduate student to apply for federal financial aid, even if you don’t demonstrate an exceptional financial need. Applying for federal aid is one of the largest and most common ways for graduate students to finance advanced study, and a key part of making your program more affordable.
Please note: Students in the Online M.S. in Computer Science and Online MEM programs who choose the ASAP application will not be eligible for federal financial aid until they matriculate into the master’s degree program, which occurs after successfully completing two courses with a grade of B or higher.
Stevens Institute of Technology College Code
002639
FAFSA
Complete the FAFSA.
Stevens Institute of Technology college code: 002639
Contact our admissions team with any questions.
A MAJOR PART OF AN AFFORDABLE STEVENS EDUCATION
Your eligibility is determined by the information you provide on your FAFSA, which you must file each academic year. We outline the basics, but be sure to refer to the Federal Student Aid website for full information.
Financial Assistance Options for Graduate Students
Students in the Online MSCS and MEM programs may be eligible for up to $10,000 in scholarship support, while those in the Online MBA program may qualify for up to $25,000 — both based on academic merit. Contact your enrollment advisor to learn more about eligibility.
Direct Unsubsidized Loans do not require you to demonstrate financial need to be eligible for the loan. The Direct Unsubsidized Loan for graduate students has a fixed interest rate. The interest on the loan begins to accrue as soon as Stevens receives the first funds. Visit the Federal Aid for Graduate Students page for more information.
PLUS loans are available if you need to borrow more than what you receive in unsubsidized loans. These loans have higher interest rates and fees than unsubsidized loans and also require a credit check. If you have an adverse credit history, you will need to complete additional documentation and credit counseling before you can receive the loan. Visit the Federal Aid for Graduate Students page for more information.
We strongly recommend that all eligible students apply for federal financial aid and plan to use all offered federal grants and loans before deciding to borrow private student loans. The best time to decide whether to apply for private loans is after you have been accepted to Stevens, applied for aid, and received your aid letter from our financial aid office. Visit the Alternative Financing Options for Graduate Students page for more information.
We welcome students from all over the world who wish to pursue an advanced degree at Stevens. As is the case with graduate study throughout the United States, aid to international graduate students (those studying in the U.S. on visas) is limited. However, several options are still available and we’re here to help you find them so that you can join us for postgraduate study. Visit the Graduate International Student Resources page for more information.
Alumni Benefits
Stevens alumni can take advantage of a 15% discount when they enroll in a Stevens Graduate program. Visit the Graduate Admissions page for more information.
Veterans Services
With a strong commitment to our nation’s veterans, Stevens Institute of Technology is proud to participate in the Yellow Ribbon program and offer a suite of resources and support to active duty, veteran and dependent military communities.
How to Apply for Aid
Review our financial aid checklist and start your application process. Stevens Institute of Technology college code: 002639. Visit the Graduate Funding & Aid page for more information.
Contact Us
Student Service Center
Wesley J. Howe Center, First Floor
1 Castle Point Terrace
Hoboken, NJ 07030
Hours:
Monday, Wednesday-Friday: 9 a.m.-5 p.m. ET
Tuesday: 10 a.m.-5 p.m. ET
Phone: 201.216.3400
Email: financialaid@stevens.edu