Financing Your Degree
Students have a variety of 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 and Fees
|Program||Credits||Cost Per Credit||Estimated Tuition*|
*Tuition estimates based on Fall 2023 rates effective September 2023. Tuition and fees are subject to change annually. Additional program fees may apply.
Stevens Average Costs for Our Online Programs
|Tuition||$1,864 per credit hour|
|Annual Health Insurance Fee*||$2,204|
|Student Activity Fee**||$230 per semester|
|General Services Fee – Part Time***||$388 per semester|
|General Services Fee – Full Time***||$616 per semester|
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.
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.
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
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.
How to Apply for Aid
- Student Service Center
- Wesley J. Howe Center, First Floor
- 1 Castle Point Terrace
- Hoboken, NJ 07030
- Monday, Wednesday-Friday: 9 a.m.-5 p.m. ET
- Tuesday: 10 a.m.-5 p.m. ET