Funding Your MSTC Degree

Program fees are $58,500* and include:

• Program tuition and registration fees
• Lodging and some meals during Launch Week, Fall Intensive, and the international trip
• Access to The University of Texas at Austin resources

*Tuition, fees, and charges are subject to change by administrative, legislative or regental action.

If you are a U.S. citizen or permanent resident, you will likely be eligible for federal student loans.

To determine your eligibility, you must complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is available on October 1 of each year, and we recommend you fill out your FAFSA by January 15 prior to your enrollment, if possible.

Once your FAFSA has been successfully processed, you will be offered enough federal loans up to the estimated Cost of Attendance (COA) for full-time students at 15 hours per semester. Additional loans can then be requested to help cover living costs and other educational expenses not already included in your program costs, which you can request by emailing the McCombs Financial Aid team. 

You can check the status of your FAFSA after it has been submitted by visiting the 'Status/Requirements' page in your Check Aid Status Here (CASH) portal. The Financial Aid team will begin packaging McCombs students' financial aid in late May/early June for the upcoming aid year. If you do not receive a Financial Aid Notification (FAN) by the end of June, please contact us at FinancialAid@mccombs.utexas.edu. 

If you choose to pursue a private loan, we recommend applying no sooner than a few months before the start of your program. Most private loans are credit-based, and the approval decision may expire. Check with your lender about the length of time your application will remain valid before you apply. 

Once you have been approved for loan funding through your lender, please notify the McCombs Financial Aid team by filling out the Private Loan Certification Request Form. We do not receive notification directly from lenders when a student has been approved for funding, so you must fill out the form in order for your private loans to be processed by McCombs. Keep in mind that the maximum certification periods appliable to your program will be fall/spring for a single academic year. 

If you have any questions about private loans, please email us at FinancialAid@mccombs.utexas.edu. 

There are some loan options available for international students. More favorable loan terms may be available if you have a U.S. citizen or permanent resident as a co-signer. There are a few lenders that do not require a U.S. co-signer for approval, but the loan terms are typically less preferable. 

The University of Texas at Austin cannot co-sign on any loans, and as a public institution, we are unable to recommend any specific lenders. We advise searching online and speaking to current students or alumni to see what options may be available for your. Once you choose a lender, we are able to work with all banks and lending institutions to process your loan.

All applicants are automatically considered for scholarship opportunities. McCombs offers recruiting scholarships in the form of cash awards and tuition waivers. 

Another incredible scholarship opportunity is the The George Kozmetsky Tuition Waiver. See the next section for more information.

The McCombs School of Business created the George Kozmetsky Tuition Waiver specifically for highly experienced, top-of-their-field technology commercialization professionals who have submitted an application to the Texas McCombs MSTC Program. Categories for application are: Entrepreneur, Corporate Innovator and Technology Transfer. The program will offer one waiver per category. 

The George Kozmetsky Tuition Waiver, in the amount of $10,000, will be awarded evenly over the 3 Texas McCombs MSTC program semesters. The award will apply to the academic year of application, and the student must remain in good academic standing. Students who plan to apply for the waiver must have secured their seat in the program by the January 29 deadline.

To be considered for this waiver, qualified applicants should send a letter to the Program Director stating: (1) How your technology commercialization initiatives would be benefited by earning the McCombs MSTC degree, and (2) how you can contribute to the strengthening the McCombs School of Business brand within the category that you have applied.

Many private organizations offer scholarships to graduate students based on different criteria, including Salle Mae Graduate School Scholarship Search.