Body

Estimated Annual Cost Per Student for
MSPE Program 2018-2019

Title
Expenses paid directly to the University of Illinois
Body

Total tuition and fees are estimated to be $42,572. The tuition and fees figures per semester are given in the table below.

  • The amount given above is the annual (academic year 2018-2019) tuition and fees, covering fall, spring, as well as summer semester session.
  • All Fees presented in table below are tentative; they may increase a few percentage points. Actual numbers will be known in mid-March 2019.
  • Tuition figures for fall & spring semesters are fixed and don't vary with the number of courses taken.
  • Fees vary based on the number of courses taken.
  • The figures for summer are based on two courses taken. If a student takes less or more courses in the summer, adjustments will be made.
  • International students will be assessed a $35 International Student Fee each semester enrolled. This cost is not included in Fees figures below.
  • Students enrolled in English as a Second Language (ESL) courses will be assessed an additional $500 in tuition per course. This cost is not included in the Tuition figures below.
Fall 2018 Spring 2019 Summer 2019
$13,706 Tuition $13,706 Tuition $6,853 Tuition
$3,461 Fees $3,461 Fees $1,385 Fees
$17,167 TOTAL $17,167 TOTAL $8,238 TOTAL
  • The $6,853 tuition figure for summer 2019 is based on registration for two courses; it will be $3,427 for one course or $10,280 for three courses.
  • The $1,385 fees figure for summer 2019 is based on registration for two courses; adjustments will be made if student registers for one or three courses. Campus fee rate details can be found on the Registrar's website.
Title
Living expenses, books and supplies
Body

Total expenses = $24,019

Minimum room and board (12 months) = $18,279
Other Expenses (fall and spring) = $3,640
Books and supplies (fall and spring) = $1,800
Books and supplies (summer only) = $300 
Total estimated tuition & fees plus living expenses, books & supplies: $66,591

Title
Additional expenses
Body

Other expenses include allowances for transportation, clothing, recreation, and other living/miscellaneous expenses. These expenses vary greatly based on the individual student's lifestyle and the allowance is based on what are considered reasonable, but modest, costs.

  1. Travel expenses 
    Allowance to cover expenses such as airfare, visas, in-transit expenses, baggage costs, winter purchases, extra expenses during academic vacations, etc.
  2. Contingency fund 
    We strongly advise that you provide a contingency fund of $3,000 for your initial expenses.
  3. Additional expenses of married students 
    Married students who will be accompanied by spouses (and/or children), must certify additional financial resources to the U.S. embassy or consulate office in order for dependent visas to be issued. The additional expense for one dependent is estimated to be approximately $7,300 per year. The expense for two dependents is approximately $11,300 per year and each additional dependent is $2,000 per year.  Costs are calculated per 12-month period. It is also highly advisable to purchase health insurance for accompanying dependents. Visit the Student Health Insurance FAQ website for dependent health insurance rates. These rates are subject to change.

The Department of Economics follows the university's affirmative action program and is in compliance with all federal regulations concerning equal opportunity and nondiscrimination.

All expenses are estimated.