Please see below for information on tuition for both candidates and current students of the Financial Mathematics program in 2023.

Following admission in 2023, an enrollment deposit of $3,000 is required of all matriculating students to secure a spot in the incoming class. This deposit is credited toward the first Autumn Quarter tuition.

Tuition fees are based on the number of units taken in any given quarter, with each 100-unit course set at a rate of $7,201 for the 2023-2024 academic year. Tuition is billed on a quarterly basis.

Note: Enrolling in a program of study includes additional costs beyond the tuition listed here. For a full list of direct and indirect expenses associated with the cost of attendance, please visit the Cost of Attendance page of the Graduate Financial Aid Office website.

For 2023, quarterly fees will include a Student Services Fee ($466), Student Insurance ($1,639, if enrolled in USHIP), and a one-time lifetime transcript fee in the first quarter of enrollment ($75).

Please consult the Office of the Bursar for complete tuition information, as well as additional information on payment options.

All applicants to the Financial Mathematics program - including both international and part-time applicants - are considered for merit-based funding from the program. No additional paperwork is required to be considered for these awards, with all funding decisions announced together with admissions decisions.

Alpha Scholarship
Recipients of the Alpha Scholarship are offered a financial award in the amount of 60% of total tuition costs in 2023.

Maroon Scholarship
Recipients of the Maroon Scholarship are offered a financial award in the amount of 30% of total tuition costs in 2023.

For information about other sources of potential financial aid at the University of Chicago - for both domestic and international students - please visit the Graduate Funding and Aid webpage or contact

U.S. citizens who are interested in receiving Federal Student Aid should fill out a FAFSA form. The code for the University of Chicago is 001774.